Sudan signed an initial US$6 billion deal led by United Arab Emirates' AD Ports Group and Invictus Investment to build a vast new Red Sea port and economic zone. "The massive project will give a strong boost to the national economy and will bring countless benefits for the country," said...
Gulf Biotech Company becomes second drug producing firm in Bahrain
The licensed plant will manufacture a variety of injectable human healthcare formulations such as vials, ampoules and prefilled syringes.
Saudi Arabia and Oman pledge to boost trade ties
Saudi Arabia and Oman have pledged to boost trade and economic ties between the two countries, months after the two neighbors began discussions on how to deepen their relationship.
Bombed-out factories deepen economic pain in Gaza
More than half of the working-age population is unemployed in Gaza UN official says addressing the conflict's root causes only could end destruction Surveying the charred remains of his Gaza furniture factory, destroyed by Israeli bombs last week, its owner Eyad Sawafiri confronts a dilemma familiar to many business...
