Vienna, Austria--The OPEC Fund for International Development (OFID) has granted a US$30 million loan to support the development of a...
The pacts were signed at the PIF’s Private Sector Forum.
Iraqi fishermen at Al-Faw, such as Tareq Ziad, complain of "being harassed" by both Iran and Kuwait.Iraqi fishermen at Al-Faw, such as Tareq Ziad, complain of "being harassed" by both Iran and Kuwait
The head of the fishermen's union in Al-Faw, Badran al-Tamimi, said they have "no support from the (Iraqi) government"
The UAE has introduced three new economic laws, with the government saying these laws underwent the largest legislative amendments of...The laws are the Commercial Companies Law, Commercial Registry Law and the Trademarks Law.
Commercial Companies Law abolishes the maximum and minimum percentage of the founders’ contribution to the company’s capital at the time of the public offering
- China is willing to assist Kuwait to develop its ports given the significance of such facilities in the ##international maritime...
Chinese port official stresses the significance of port facilities in international maritime trade.
Kuwait's imports from China were worth $4.94 billion during 2020, according to the UN database on international trade.
- Spread over 120,000 square meters of area, the facility which is to construed by L&T aims to create crucial equipment...
L&T is to build the region’s first Heavy Wall Pressure Vessels facility at Jubail Industrial City
More than 20 MoUs were signed under the Namaat program of Aramco in September 2021
- It is part of a strategy to help DFM reach the AED3-trillion mark
Tecom is said to have 10 business communities that offer infrastructure, regulations, and a support network to help businesses set up operations
These business communities include Dubai Internet City, Dubai Media City, Dubai Design District, and Dubai Industrial Park
- Around 22.26 million shares were sold for €400 each.
L'Oreal said in a statement it would cancel the shares, which represent 4 percent of its capital
The French group's shareholders will see their shareholdings increase due to the buyback, L'Oreal said
The UAE’s newly-announced working week will not have any negative impact on the UAE and Gulf countries’ business relations, say...The UAE has become the first country in the world to introduce a working week that is shorter than the global five-day week.
The transition to the four-and-a-half-day working week is expected to help enhance work-life balance and social well-being.
The deal creates the Aramco Gas Pipelines Company.The subsidiary Aramco Gas Pipelines Company will lease usage rights in Aramco’s gas pipelines and lease them back to Aramco for 20 years
In return, it will receive a tariff payable by Aramco for the gas products that will flow through the network
- The 36-year-old Briton and his Dutch rival, who is 12 years younger, have for the large part treated each other...
The 36-year-old Briton and his Dutch rival, who is 12 years younger, have for the large part treated each other with respect
But after 20 races, the equivalent of driving from New York to London, the pair head to Yas Marina with their relationship seemingly at its lowest point
The first phase of electronic invoicing in Saudi Arabia has begun, affecting all taxpayers liable to VAT in the Kingdom...The Kingdom's first phase of electronic invoicing has begun, affecting all VAT payers
Purchasing with tax invoices and failing to notify the Authority of any fault will result in a fine of 10,000 Riyals
