- Syrian authorities on Monday granted a rare license to a new telecommunications company that will start operating in nine months,...
Wafa Telecom will become Syria's third telecoms operator in a market currently controlled by Syriatel and MTN
Wafa Telecom CEO Ghassan Saba said the company relied on foreign expertise, amid reports of Iranian investments in his firm
- GFH Financial Group (GFH), a Bahrain-based Islamic investment bank, has announced that is has launched and seeded a $100 million...
The bank signed an agreement with Credit Suisse to provide financing and fund administration services.
GFH said it aims to generate returns to the fund through active asset allocation, credit selection, optimal leverage and duration management.
- UAE has saved $191 billion by using alternative sources of energy, according to Suhail Al-Mazroui, UAE energy minister. Speaking at...
Energy minister Suhail Al-Mazroui said his country is working on 40 international projects helping other countries implement solar and wind projects.
UAE has plans to capture 25 percent of the global hydrogen market share, Al-Mazroui told IPTC 2022 Riyadh.
- Kuwait Airways announced an expanded, $6 billion deal with Airbus that includes 31 new planes on Monday, restructuring an agreement...
The deal comes after occasionally "heated" negotiations following probes over allegations of kickbacks surrounding the initial, 25-plane order
The new agreement includes nine Airbus A320neo, six A321neo, three A321neo LR, four A330-800neo, seven A330-900neo and two A350-900
- ADX’s market liquidity jumps five-fold in 2021 amid IPO boom, as traded values on the exchange increased 407 percent from...
Traded values on the exchange increased 407 percent from AED 145 billion ($39.47 billion) in 2020 to AED 739 billion in 2021.
Local investors accounted for 70 percent of the exchange’s traded value, while foreign institutional investors accounted for 30 percent.
- Jordan has recorded a seventeen percent increase in the export of agricultural products to JD734 million in 2021, compared with...
Khaled Hneifat, Minister of Agriculture, said that agricultural exports comprised 17.1 percent of the Kingdom's total exports in third quarter of 2021
Hneifat noted about 61,000 tons of imported agricultural produce were either resent to origin or destroyed after failing to meet Jordanian standards
- The ceremony among others was attended by the Minister of Industry, Commerce and Tourism Zayed bin Rashid Al Zayani and...
The ceremony among others was attended by the Minister of Industry, Commerce and Tourism Zayed bin Rashid Al Zayani and US Ambassador to the Kingdom of Bahrain Steven C. Bondy
The USTZ project follows the visit of the UAE's Crown Prince and Prime Minister Salman bin Hamad Al Khalifa to the USA in November 2019
- The minister is visiting Rabat, economic capital Casablanca, and tourist hub Marrakesh as well.
Israel Economy Minister Orna Barbivai arrived in Morocco for a visit aimed at developing economic and trade ties
Rabat purchased Israeli defense technology after an a visit by the Israeli defense minister in November 2021
- The deal they signed is expected to support the development in various activities and events in the field of marine...
DIMC is the government entity responsible for organizing marine sports activity in the emirate
Dubai-based marina operator and yacht destination P&O Marinas is a subsidiary of DP World
- A cross-border media investigation broke Sunday claiming that Switzerland's second-largest bank had held tens of billions of dollars of ill-gotten...
A cross-border media investigation broke Sunday claiming that Switzerland's second-largest bank had held tens of billions of dollars of ill-gotten funds
Credit Suisse rejected the "allegations and insinuations" in a statement Sunday, saying that many of the issues raised were historical, some dating back as far as the 1940s





















