OPEC Fund grants US$30m loan to Uganda to build key road link
Vienna, Austria--The OPEC Fund for International Development (OFID) has granted a US$30 million loan to support the development of a...
Economy
US lawmakers reject US$17.6 billion Israel aid bill
Republicans in the House of Representatives scheduled the vote after the Democratic-led Senate released a bipartisan bill Sunday pairing billions of dollars for...
Geostrategy
Algeria’s efforts to revitalize and boost mining sector
In its economic diversification strategy, the Algerian government gives the industrial sector a very high priority, particularly with regard to...
Could 2018 be the year of next financial crisis?
Plummeting GDPs, fluctuating oil prices, a drying up of liquidity, weaker market sentiments, frequent rising or falling prices due to...
Which city remains Middle East’s favorite for real estate investments
Middle East investors have always been interested in the real estate market of the British city of London but lately...
Why Lebanon is pinning hopes on 2018 to revive fortunes?
By Gareth Smyth When Lebanese Prime Minister Saad Hariri took to Saudi television in November to resign and accuse the...
Will 2018 see economic growth rebounding in Middle East?
Steadfast on the path of economic diversification and structural reforms, countries in the Middle East and North Africa (MENA) seem...
GCC banks up against fresh challenges
It was more about fiscal consolidation than being adventurous in 2017 for the banking sector in the Gulf Cooperation Council...
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
OPEC Fund grants US$30m loan to Uganda to build key road link
Vienna, Austria--The OPEC Fund for International Development (OFID) has granted a US$30 million loan to support the development of a...
Economy
Company News
SIRC buys 60% of Masab Plastic
Business
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UK retail lenders withdraw fixed home-loan products, rattling market
HSBC joined the fray on Thursday, suspending certain home loans as it also sought to cope with significant new demand...
Economy
Desperate Syrians recycle plastic waste to make living
Recycling, in rebel-controlled Syria, is rather a grim lifeline than environmental impulse for desperate residents searching for work or items...
Economy
Arab-China summit will bolster bilateral economic ties
The event is aimed at bolstering trade and economic alliances between Arab and Chinese business communities and to explore a...
Economy
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Business
Qatar Finance and Business Academy signs MoU with Morgan International
Doha, Qatar-- Qatar Finance and Business Academy and Morgan International have signed a memorandum of understanding (MoU) to provide training...
- The agreement between the two will provide individuals and organizations with training and upskilling solutions to enable them to operate within the country's financial market
- Qatar Finance and Business Academy looks to support the process of localization in Qatar through its programs by providing the labor market with professional leaders
Business
Saudi Arabia and UK hold discussions to boost economic partnership
London, UK-- Saudi Arabia and the UK have held discussions to boost trade and economic partnership between the two countries....
- Saudi Commerce Minister Dr. Majid Al-Qasabi met with several British ministers and leaders of major companies in London to discuss expansion of business ties
- The Saudi delegation presented the programs of the kingdom's Vision 2030 to expand business opportunities and investments between the two countries
Economy
UAE-Turkey non-oil intra-trade crosses US$103 billion in last 10 years
Abu Dhabi, UAE-- The UAE and Turkey economic ties have witnessed a great leap in the last decade with non-oil...
- Raw gold topped the list of the five most key commodities imported by the UAE from Turkey in 2022, with a value of $4.35 billion
- The UAE and Turkey inked an agreement in March this year, which looks to scale up trade between the two countries to US$40 billion in five years