Nationwide has offered US$3.7 billion for Virgin Money.
The automaker will beef up production of hybrid vehicles.
Jordan Chamber of Commerce Vice President discusses with a World Bank team the Kingdom's investment regulation law and the incentives...Jordan's Chamber of Commerce stressed on the need to offer clear incentives to projects in the pipeline.
The move will help the private sector can publicize such incentives to lure in more investments.
Jordan imported 11.8 million barrels of crude oil through the port of Aqaba, while a total of about 1.19 million...1.19 mn barrels of Iraqi oil were imported since supply was launched in September 2021 until end of 2021
Oil production from the Hamza oil field amounted to 105,000 barrels during 2021
The UAE has approved 22 policies that focus on accelerating the implementation of the circular economy model in the UAE in...These policies will focus on accelerating the implementation of circular economy model in he UAE in manufacturing, food, infrastructure, and transport.
A meeting of the Circular Economy Council also identified at least 16 circular economy activities that can create opportunities for businesses.
During the last 25 years Jordanian exports to Canada have increased at an annualized rate of 21.75 percent, from US$885,000...During the last 25 years Jordanian exports to Canada have increased at an annualized rate of 21.75 percent
Jordan and Canada have signed free trade, labor, double taxation, environment and investment agreements
Tesla Model 3 has joined Dubai Taxi Corporation's fleet on trial basis, following the success of operating 172 Tesla vehicles...This follows the success of operating operating 172 Tesla vehicles in the limousine service since 2017.
The trial operation aims to verify the efficiency of the vehicle when deployed in the taxi fleet in the emirate, Dubai’s Roads and Transport Authority (RTA) said.
Airlines cancelled several hundred US flights Saturday at the start of a long and almost certainly messy holiday travel weekend...Transportation Secretary Pete Buttigieg put out a series of tweets that were essentially consumer tips on what to do if one's flight is cancelled
Airlines say they're working to address the situation, recruiting pilots and other staff and trimming summer seat capacity by 15 percent
- France is looking to invest in energy, technology, water and industrial services sectors in Saudi Arabia, according to the French...
The French government and the private sector are working to expand the number of companies operating in the Kingdom, which currently stands at about 135
The kingdom, according to the diplomat, is an attractive region with a suitable environment for investments in all its vital sectors.
The move aims to deepen Doha-based bank's presence in US real estate market.The purchase is the bank's fourteenth investment under its new Shari'a compliant real estate investment strategy
The property houses the headquarters of prominent firms, with long lease terms and rental escalations
The rapid rise of the US dollar since the start of the year is a double-edged sword for American multinational...For an importer, the surge in the greenback against the euro, yen or British pound is a plus, because it makes the products they buy cheaper
The greenback has risen 13 percent compared to the euro over the last 12 months, approaching parity, and gained 22 percent against the yen
The Saudi and UAE stock markets ended the week lower as concerns about slowing global economic growth impacted investor sentiment....Saudi and UAE stock markets ended the week lower, following Asian markets
Concerns about slowing global economic growth impacted investor sentiment
