Saudi delegation takes part in Riyadh Expo 2030 symposium in Paris
PARIS, FRANCE - A high-level Saudi delegation attended the Riyadh Expo 2030 Symposium, on the outskirts here, hosted by the...
Business
Business
Iran says Russia will invest $83.58m in Sirik power plant
Iran has confirmed that Russia will invest $83.58 million in Sirik power plant based in southern Iran.
- After discussions, the Russian Ministry of Finance agreed to invest in the 1400-megawatt (MW) gas-powered plant
- Some seven Iranian companies are working in the project, employing 250 manpower directly and indirectly
UAE and China resolve to bolster economic ties
Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces,...
- President Xi Jinping thanked Sheikh Mohammed bin Zayed for attending the opening ceremony of the Olympic Winter Games
- Sheikh Mohammed attended a grand banquet hosted by the Chinese president to welcome the dignitaries from across the world
Business
Iraq keen to benefit from Egypt: Central Bank Governor
Iraq is keen to benefit from the Egyptian Investment Authority, the Governor of Iraq’s Central Bank Mustafa Ghaleb said on...
- Iraq’s Central Bank Governor Mustafa Ghaleb met Mohamed Abdel Wahab, CEO of the Egyptian General Authority for Investment and Free Zones
- Mustafa Ghaleb praised "the development witnessed by the Arab Republic of Egypt in all sectors, especially the business and investment sector"
Business
SHUAA helps Anghami to list on NASDAQ
Last year, the firm helped Anghami in arranging $30 million investment.
- SHUAA has been working closely with the Anghami team as an advisor and investor to further develop and secure the PIPE investment and deliver a successful listing on NASDAQ
- Founded in 2012, Anghami is the first music streaming platform in the Middle East and North Africa (MENA)
Economy
QatarEnergy, partners announce oil discovery offshore Namibia
The consortium partners comprise QatarEnergy, Shell and National Petroleum Corporation of Namibia "NAMCOR".
- The consortium partners comprise QatarEnergy, Shell and National Petroleum Corporation of Namibia "NAMCOR"
- The partners will conduct analysis on the well data and further exploration activity to determine the full size and recoverable resource potential
Economy
Jordan looks to reform old tax system to propel growth
Jordan is looking to reform its old tax system in order to pave way for growth in national economy. In...
- The forum's members stressed the need to enhance tax awareness, raise auditor competency and expand the taxpayer base
- Stressing the importance of propagating tax culture, they called on government to turn tax revenues to services, with an impact "sensed by all"
Business
Lebanon women get FAO grants to fund their businesses
Four women groups from the South, the North, Mount Lebanon, and the Bekaa received grants.
- The grants were disbursed under the project Support to Women’s Cooperatives and Associations in the Agri-food Sector of Lebanon
- Funded by Canada, the project is implemented by the FAO and Lebanon’s Ministry of Agriculture and the General Directorate of Cooperatives
Geostrategy
Amman, Doha discuss creating job opportunities for Jordanians
The meeting was participated by the ministers of education, higher education, tourism, interior, health, digital economy, investment etc.
- The meeting was participated by the ministers of education, higher education, tourism, interior, health, digital economy, investment etc
- It covered the linking of the Qatar platform with the Sajil platform in Jordan to hire thousands of Jordanians on the initiative of Emir of Qatar Sheikh Tamim bin Hamad Al Thani
Geostrategy
Task Force explores options to ban trade with illegal Israeli settlements
The Brussels-based European Coordination of Committees and Associations for Palestine (ECCP) is an “Inter-Parliamentary Task Force to Promote Palestinian Human...
- The Task Force heard from several speakers who have been leaders in pushing for legislative initiatives to limit or prohibit trade with illegal colonial settlements
- The international community opposes annexation and considers illegal settlements to be an obstacle to international peace and stability
Business
Saudi Telecom Company signs over 15 pacts at LEAP22
The Saudi Telecom Company (STC) has signed fifteen agreements with major international companies, including Microsoft, Huawei, Ericsson, and Cisco, in...
- The company has already announced an initiative to establish a $1billion main digital center “MEAN Hub” for the Middle East and North Africa
- The company also announced an initiative to establish a factory to localize data centers in the Kingdom, in partnership with Huawei
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Saudi delegation takes part in Riyadh Expo 2030 symposium in Paris
PARIS, FRANCE - A high-level Saudi delegation attended the Riyadh Expo 2030 Symposium, on the outskirts here, hosted by the...
Business
Company News
World markets plunge on growing recession fears
Market Report
Borouge to pay dividend of $325m
Business
Latest News
40 Saudi, German companies discuss investment opportunities
The German delegation comprised companies working in the areas of water, training, education, infrastructure, industries, constructions and innovation.
Business
UAE, US partner to invest $100bn in renewables, clean technologies
The UAE-US Partnership for Accelerating Clean Energy (PACE), aims to produce 100 new gigawatts (GW) of clean energy in the...
Economy
Dubai starts issuing multiple-entry visa for Qatar World Cup fans
Dubai, UAE— Dubai has begun to give out multiple-entry tourist visa for "Hayya cardholders" traveling to Doha for the World...
Business
Most Read
Geostrategy
UAE Minister, IMF Director discuss challenges facing MENA
UAE Minister of State for Financial Affairs Mohamed Hadi Al Hussaini met with Director of the Middle East and Central...
- The minister underscored the importance of the IMF in enhancing the safety of the global economy.
- He said that the IMF helps in creating a stable financial environment, especially in light of the exceptional circumstances the world is facing.
Geostrategy
ENEC, Atlantic Council sign three-year nuclear cooperation pact
Abu Dhabi, UAE--- The Emirates Nuclear Energy Corporation (ENEC) has signed a three-year agreement with the Atlantic Council to collaborate...
- The Atlantic Council is a US-based think tank, and home to the Global Energy Centre, one of the leading US energy centers for promoting energy security.
- The collaboration will see ENEC and the Atlantic Council join forces to support the Council’s new Nuclear Energy Policy Initiative.
Business
JAHEZIYA, Enekom ink pact
Pact aims to expand railway solutions, technology in region.
- As per the agreement, JAHEZIYA will be Enekom’s exclusive distributor of the patented RailAcoustic Sensors in the GCC to enhance railway security.
- The partnership was announced during ADIPEC, an exhibition in which the world’s energy ecosystem assemble.