- The tanker XELO, carrying 750 tons of diesel from Egypt to Malta, sank in the Gulf of Gabes off Tunisia’s...
Tunisia’s Environment Ministry has said barriers will be put up and a perimeter set to contain the diesel spill from the vessel
Divers are also expected to be mobilized to examine the extent of the spill and the infiltrated fuel will be pumped out
- The Saudi Central Bank, or SAMA, has launched licenses for consumer microfinance operations in the Kingdom. This follows the bank’s...
Microfinance targets individuals and small businesses, including self-employed people
Sulfah is the consumer microfinance company which is given a license by Saudi Central bank
- Grocery and fashion are the most significant in-demand categories during the holy month. The two sectors are expected to see...
Many retailers, especially supermarkets and online brands, have made the most noise during Ramadan
Smaller businesses can use unique offer opportunities to entice new customers or reward current ones
- ADX, Abu Dhabi stock exchange, has rebranded its Second Market into a newly launched Growth Market, with a market cap...
ADX said in a statement that as it replaces the Second Market, the Growth Market will continue to target startups, family businesses, and early growth companies
It will allow companies to kickstart their path to joining capital markets through a direct listing, without the need for an initial public offering
- A tanker carrying 750 tonnes of diesel fuel from Egypt to Malta sank Saturday in the Gulf of Gabes off...
The Equatorial Guinea-flagged Xelo was headed from the Egyptian port of Damietta to the European island of Malta when it requested entry to Tunisian waters
It began taking water around seven kilometers (over four miles) offshore in the Gulf of Gabes and the engine room was engulfed
- Ali Najafi said that during the last Iranian year which ended on March 20, Iran’s exports to Oman were worth...
Ali Najafi said that during the last Iranian year which ended on March 20, Iran’s exports to Oman were worth 716 million dollars
Ambassador revealed that among Iran’s neighboring countries Oman ranks 6th in importing goods from Iran
- A rare rough ruby dubbed one of the world's biggest has gone on display for the first time ahead of...
The 8,400-carat stone -- nicknamed Burj Alhamal and weighing 2.8 kilograms (over six pounds) -- was mined in Tanzania and made its debut at a Dubai hotel on Friday
Local reports have suggested the rough ruby with greenish and dark-purple hues could fetch up to $120 million





















