At the start of this month, Qatar said it would supply 7.5 million tonnes of LNG per year for 20 years...
- The company is reducing costs to safeguard competitiveness,
Oman and Sri Lanka have discussed economic and trade cooperation. In this connection, Saleh Said Masan, Undersecretary for Commerce and...The two sides explored aspects of the joint cooperation, economic diversification sectors and the investment and trade environment.
They discussed aspects of cooperation in the economy and industry sectors, logistics, ports and investment opportunities in both countries.
In the UAE, and the wider Arab world, many women have been successful in upturning the prevalent prejudice that a...Their participation in the workforce has grown; in many Arab countries, women entrepreneurs are competing with men to distinguish their businesses
Many young women have important roles in government offices where they are a key part of policymaking
The Central Bank of Kuwait has issued bonds and tawarruq for six months with an accumulated value of $792 million.According to a statement released by the bank, the rate of return is set at 1.625 percent
The bank also issued bonds and tawarruq as of March 21 valued at 220 million Kuwait dinars ($660 million) for three months standing at a rate of returns of 1.375 percent
PIF, Saudi Sovereign Wealth Fund, is in talks with four construction firms in order to make investments to the tune...According to media reports the PIF is holding discussions with Nesma Holding, El Seif Group, Almabani General Contractors, and Albawani to buy minority stakes in them
Looking to take stakes of about 30 percent in each company, the PIF has roped in Rothschild and GIB Capital as advisers to finalize the deals
A school in Dubai has said it will be the first school in the Middle East to let parents pay...Citizens School, which is set to open doors in September 2022, said it will accept payments from Bitcoin and Ethereum in addition to traditional modes of payment.
Payments using cryptocurrencies are accepted through a tie up with a digital currency platform that processes cryptocurrency payments and automatically converts them to Dirhams.
- The United Arab Emirates on Monday urged Western countries to be "reasonable" in their expectations, underlining its commitment to the...
The grouping of the 13 members of the Saudi-led Organization of the Petroleum Exporting Countries (OPEC) and their 10 allies, including Russia, is an "alliance to stay"
A surge in prices and supply fears since Russia's invasion of Ukraine last month have led to calls for OPEC to increase output
The airline will fly three weekly flights to Serbia's capital.The flights to the capital of Serbia will run each Monday, Wednesday and Friday, on a seasonal basis, effective from May till late September
Flynas intends to order 250 aircraft
A total of 33 agreements besides several investments worth more than $4.2 billion were signed on the first day of...These are aimed at supporting entrepreneurship in various fields and enhancing the Kingdom’s status as an attractive environment for pioneers, innovators and creators.
Saudi Aramco signed 10 memoranda of cooperation and two agreements with local and international firms in digital transformation, information technology, and national development.
- This will enhance the port's infrastructure and operating capabilities, expand capacity, and enable logistical efficiency.
This will enhance the port's infrastructure and operating capabilities, expand capacity, and enable logistical efficiency
The project represents the first phase in LogiPoint's ongoing infrastructure development plan worth SAR400 million over the next two years
The telecoms giant Huawei posted a net profit of $17.8 billion in 2021.The company has been caught in the crosshairs of the US-China trade and technology standoff, with US under Trump rule moving to cripple it over espionage concerns.
Its revenue slumped by around 29 percent as it grappled with US sanctions aimed at blocking access to key technology and supplies.
