Qatar and Egypt discuss ways to boost economic, trade ties
Doha, Qatar-- Qatar and Egypt are looking to boost trade and economic ties between the two countries, besides exploring ways...Business
Iran agricultural, food exports hit US$4.8bn in 10 months
TEHRAN, IRAN – The country has exported more than 6.7 million tons of agricultural and food products worth US$4.8 billion...Business Economy Geostrategy
Nakilat Q1 net profit up 19.28 percent
Nakilat noted that earnings per share amounted to QR 0.07 in Q1 2022.Compared to its profit in April of 2021 which, stood at QR 320.106 million, the profit reached QR 381.835 million.
Nakilat represents the main transport link in the global supply chain of liquified natural gas from the State of Qatar.
Star-studded projects point to Saudi transformation
Some of the iconic real estate holdings developed by Taiba throughout Saudi Arabia suggest that the Kingdom is headed towards...The company is a key supporter of Saudi Arabia’s transformative Vision 2030, in particular in regard to economic diversification.
Taiba, which has interests in hotels, tourism facilities and real estate, has a market capitalization of $1.5 billion, Refinitiv data shows.
Jordan and Azerbaijan look to boost trade ties
According to the statement, a Jordanian-Azerbaijani Economic and Investment Business Forum will be held in the coming periodThe meeting also discussed the successful economic policies established by the Kingdom to support the private sector
It encourages foreign investment and provides more investment opportunities for companies wishing to invest in the Kingdom
SHL of KSA to be on bourse
Saudi Home Loans to trade on Tadawul from April 20.Operating since 2007, SHL is 40-percent owned by Arab National Bank, the second-largest shareholder is Dar Al Arkan, with 15 percent of the share capital
The Riyadh-based company raised SR600 million ($160 million) in an initial public offering last month that saw huge demand from investors
Tamimi Markets of KSA to develop smart farms with foreign firms
Tamimi Markets, Saudi supermarket chain, has teamed up with Japan's Mitsui & Co. and Italy's Zero SRL to develop the...The three partners aim to develop the next generation of vertical smart farms in the Al-Kharj area of Saudi Arabia
Starting with Riyadh, the new joint venture will bring fresh produce to the market using far less water than traditional farming techniques
QEWC profit up 4.5% in Q1
Profits in the first quarter of 2022 reached $106.78 million.QEWC is one of the largest energy production and desalination companies in MENA
It is the main provider of electricity and desalinated water in Qatar
NBQ reports Q1 profit of $26.3m
Its net profit increased 26.26% from the same period last year.The cost to income of NBQ stood at 27.11 percent during three months
It reflected the bank's operational efficiencies and disciplined cost management
Greece’s Ionian Islands eye UAE to woo tourists
Rodi Kratsa-Tsagaropoulou, Mayor of Greece's Ionian Islands, explains how an enhanced cultural and tourism ties with UAE will be mutually...The Ionian Islands and the United Arab Emirates are developing cultural and tourism ties
The two have established direct flights from Abu Dhabi and Dubai on Etihad and Fly Dubai
Gulf Biotech Company becomes second drug producing firm in Bahrain
The licensed plant will manufacture a variety of injectable human healthcare formulations such as vials, ampoules and prefilled syringes.National Health Regulatory Authority (NHRA) announced that it had licensed the medical firm.
The injectable drugs will be subjected to final inspection to be granted a Good Manufacturing Practices.
Ajman Chamber membership grows by 35 percent in 2021
The membership of the Ajman Chamber of Commerce and Industry (ACCI) grew by 35 percent in 2021, according to Muhammad...The number of new members reached 7,704 during 2021, compared to 5,723 members during 2020.
New commercial licenses for the previous year was 4,238 membership, 2534 professional membership and 131 industrial memberships.
