Biggest fuel refinery plant of Africa begins production
Lagos, Nigeria - Africa's biggest diesel and aviation fuel refinery built by the continent's richest man has started production, the company...Business Energy
Egypt denies suspending navigation through Suez Canal
Cairo, Egypt - Egypt Saturday said that navigation movement in the canal is regular from both directions, Chairman of the...Business Geostrategy
Ooredoo and Qatar Financial Centre to extend collaboration
Ooredoo and Qatar Financial Centre have signed a partnership agreement to leverage joint experience, expertise, and capabilities to further extend...The partnership incorporates a number of initiatives planned for the coming years, with a clear focus on areas of joint interest
Sectors in which these initiatives will be rolled out include digital innovation, smart cities, fintech, cybersecurity API, cloud solutions
QFZA and Aspiration to bring sustainability services to MENA
Qatar Free Zones Authority (QFZA) and Doha Venture Capital (DVC) have signed an agreement with Aspiration to expand access to...The partnership is in line with QFZA's efforts to develop the world’s first net zero free zones
The agreement is part of a broader collaboration between Aspiration and Qatar Free Zones
GSCCO enhances Jubail port
The company is part of the UAE-based Gulftrainer group.GSCCO has carried out enhancements to the Jubail Commercial Port in Saudi Arabia to increase its capacity
With the upgrades, the port now has the capacity to process 1.8 million 20-foot containers or TEUs per year
Qatar, Poland to enhance cooperation: Polish Deputy Foreign Minister
Deputy Foreign Minister Pawel Jablonski of Poland said on Monday that Poland and Qatar can increase their cooperation in many...Jablonski said that his current visit to Doha aims to discuss new opportunities to support and advance economic, investment and tourism cooperation
He also discussed with Qatari officials ways to enhance cooperation with the Qatar-Poland Business Council, the Qatar Financial Center, the Qatar Free Zones Authority
Meta launches MENA campaign against child abuse
In the eye of the storm of allegations that it did not act against child abuse, Meta said the campaign...Facebook and Instagram’s parent Meta has launched the “Report it, Don’t Share it” campaign in the MENA region
In the eye of the storm of allegations that it did not act against child abuse and exploitation, Meta said the campaign will prevent exactly those things
E-commerce leads change in Mideast retail, fashion
"During the pandemic, e-commerce grew in popularity since it was the most viable — or only — choice at the...The emphasis on value fashion is a structural shift that is part of the new normal
Building a hyper-convenient service ecosystem can significantly increase reach and profitability
Companies in UAE should invest in technology to stay ahead of digital curve: Microsoft Hololens chief
With the current global circumstances accelerating the need for immersive tools such as augmented reality and virtual reality, businesses across...Pace said that collaboration and investment were key to empowering businesses
She works with a team in San Francisco, US, to address technical challenges to push the barriers and unlock solution
Turkey turns to OECD agreement instead of digital tax
The US Treasury has said in a statement that the deal with Turkey "represents a pragmatic solution.”Turkey had levied 7.5 percent tax on foreign tech firms that generate at least $1.7 million per year in revenue in the country
In response, the US had imposed, but did not collect, tariffs on Turkey, which it will do away with now
UAE’s largest non-oil industrial company joins in-country value program
Emirates Global Aluminum (EGA), the largest industrial company in the UAE outside of oil and gas, has joined the in-country...Emirates Global Aluminum targets doubling its economic impact by 2040.
ICV program is aimed at improving participation of the private sector and facilitating the diversification of GDP.
Maaden of KSA sets up a fertilizer terminal in Africa
Saudi Arabian Mining Co., has established a fertilizer terminal in the African state of Malawi through its subsidiary, the Meridian...The state-of-the-art terminal has an annual bagging capacity of 10 million, and a total production capacity of 360,000 MT per year
The terminal will make available a steady supply of fertilizer to over five million small-hold farmers in Malawi and Zambia
