Iran and Turkey to set up free trade zone at border in Khoy city
Tehran, Iran--Iran and Turkey will join hands to set up a free trade zone at the border crossing in Khoy...Business
Adnoc Drilling IPO increased
Adnoc Drilling will list on the ADX on or around October 3.The increase is expected to be from 1.2 billion ordinary shares to 1.76 billion ordinary shares
However, the offer price of AED 2.30 per share remains unchanged
Saudi Arabia workshop woos German investors
The workshop discussed the most prominent ways to expand the current investments in line with Saudi Vision 2030.Saudi Arabia is opening up its economy while diversifying it to lessen its dependence on oil
It is believed to have investment opportunities worth SAR12 trillion (€2.7 trillion or $3.2 trillion)
Tradition in Tehran’s oldest teahouse
Tucked in an alleyway of the Grand Bazaar, Kazem Mabhutian’s 1.5-square-metre chaikhaneh (tea house) is invisible from the main street.Tucked in an alleyway of the Grand Bazaar, Kazem Mabhutian’s 1.5-square-metre chaikhaneh (tea house) is invisible from the main street.
And yet it is the most famous among tea connoisseurs in the Iranian capital
Iraqi cement-makers angry at fuel subsidy cut
The oil ministry earlier this month raised the price of fuel sold to cement manufacturers from 150 dinars per litre...The measure has caused industry outrage in the crisis-hit country, where some regions are still waiting for post-war reconstruction
The subsidised fuel price for cement manufacturers was originally approved in exchange for their commitment to cap the price of cement
Gulf region poised for higher growth in 2021: Expert
The economies of the region are recovering fast on the back of the rising oil prices and speedy vaccination programs,...The economies of the region are recovering fast on the back of the rising oil prices and a reasonably speedy vaccination program
In 2022, tourism should also significantly boost growth, resulting in recovery in the non-oil sector as domestic consumption and investment demand improves
Drydocks World develops ‘South Yard’
The latest project is aimed at increasing the company’s fabrication capacity.The firm is building a dedicated facility for new building projects comprising 70,000 sq.m. area
The world-class yard will feature cutting-edge equipment, a much leaner execution process and a facility for heavy structures
Etisalat’s SmartHub centres grow
SmartHub has become a key element of the digital infrastructure in the region.Etisalat’s SmartHub data centres act as an ICT bridge between continents, always supporting critical business activities of global customers
SmartHub seeks to be a preferred location for carriers, cloud service providers, Internet exchanges and companies looking for a carrier grade data centres
Mrs Bectors subsidiary comes up in UAE
The new company, Mrs Bectors Food International, was incorporated on September 14.Mrs Bectors Food Specialities Limited was incorporated as Quaker Cremica Foods Private Limited on September 15, 1995
Following the termination of a JV agreement, the company was renamed Mrs Bectors Food Specialities Private Limited
What to Expect at Expo 2020 Dubai?
Expo 2020 Dubai is the first world expo in the Middle East, Africa, and South Asia region.The theme of the six-month event is Connecting Minds, Creating the Future
It covers three sub-themes: Sustainability, Opportunity, and Mobility
Natural Gas Distribution all set to list and trade on Nomu
The listing and trading of shares of Natural Gas Distribution on Nomu will start on September 22, as a direct...Daily price fluctuation limits will be +/- 30 percent and static price fluctuation limits will be +/- 10 percent
The trading of shares will begin on September 22
