• Abu Dhabi industrial sector registers 136 new licenses in H1

    Abu Dhabi, UAE-- The registration of 136 new industrial licenses in the first half of 2022 points to a strong growth of Abu Dhabi's industrial sector, according to the Industrial Development Bureau (IBD), which is part of the Abu Dhabi Department of Economic Development (ADDED). The number of  licenses transitioning to...

  • Ooredoo to pay 3% interest

    Group EBITDA for the period was QR4.5 billion.

  • Saudi companies spend 7% of the country’s GDP on Capex

    Saudi companies invested around $47 billion in 2020 on their Capital Expenditure  The move to leverage opportunities to diversify economy away from oil Saudi listed companies invested more than 177 billion riyal (around $47 billion) in 2020 on their Capital Expenditure (CAPEX), which was equivalent to 7% of Saudi’s GDP...