- The agreement relates to fuel oil transport and storage.
SAFEEN Feeders, a subsidiary of SAFEEN Group, will manage the entire project, providing three Very Large Crude Carriers (VLCCs) and one Medium Range (MR) tanker.
SAFEEN Feeders will transport fuel oil from terminals in Port of Khor Al Zubair and Umm Qasr South Port to Iraqi territorial waters using the MR tanker.
- The Gulf Cooperation Council (GCC) has renewed its commitment to continue having a strong partnership with China in order to...
The sentiment was echoed in a meeting between Secretary General of the GCC, Dr. Nayef Falah Mubarak Al-Hajraf, and China's Ambassador to Saudi Arabia, Chen Weiqing
The two sides discussed all issues and topics of common interest, and reviewed the cooperation relations between the GCC and China to achieve common interests
- The company delivered a total of 343,380 vehicles
While the Q3 results show a return to growth for Tesla deliveries, the total number was at the very bottom end of analyst estimates, which were between 343,000 and 370,000
The company said it was facing headwinds with regard to "vehicle transportation capacity," which it hoped to resolve with better distribution among its factories
- The UAE and Italy are looking to widen trade ties between the two countries, and in this regard an Italian...
The talks touched on the customs services and facilities that Dubai Customs provides to facilitate trade
The meeting is part of Ertibat Initiative, which seeks to develop relations with foreign diplomatic missions and business sectors
- The Pittsburgh-based company is looking to establish a state-of-the-art manufacturing plant in Khalifa Industrial Zone Abu Dhabi.
The Pittsburgh-based company is looking to establish a state-of-the-art manufacturing plant in Khalifa Industrial Zone Abu Dhabi
Gecko Robotics is the latest to set up base in the UAE, joining UK tech company Gödel and food app development company Krush
- While Qatar feverishly seeks to complete work on hotels and apartments for the World Cup fans, its squad for the...
But the national team, who will make their World Cup debut against Ecuador on November 20, lost 3-0 to Croatia's under 23 team, 2-0 to Canada
The players remained upbeat despite the disappointing results and being kept away from their Qatari homes
- With the rise in demand for low-carbon investments, investors issued $517 billion in green bonds last year, a 50 percent...
With the rise in demand for low-carbon investments, investors issued $517 billion in green bonds last year, a 50 percent increase over 2020.
Sukuks cannot be used to finance illegal activities and are designed to avoid high levels of leverage and speculation, a new research highlights
- Riyadh, Saudi Arabia - Saudi bank loans granted to public and private sectors grew 15 percent by the end of...
Private-sector lending also increased by 15 percent year-on-year to SAR 2.241 trillion ($600 billion).
Loans granted to public non-financial institutions increased 26 percent YoY to SAR 117.1 billion ($31.14 billion).
- Abu Dhabi, UAE - The non-oil trade between the UAE and China increased by 78.5 percent from 2012 to 2021,...
The trade increased by 78.5 percent from 2012 to 2021 to $60.85 billion by the end of 2021 compared to $34 billion in 2012.
FCSC also showed that the non-oil trade exchange between the two in the first half of 2022 totaled AED118.4 billion $32.24 billion.
- The Sharjah Chamber of Commerce and Industry (SCCI) has organized a forum to discuss ways to boost economic ties and...
The forum witnessed bilateral meetings between business owners from Sharjah and Russia.
The chamber briefed the Russian trade mission on Sharjah’s business advantages and facilities.





















