Thursday, December 14, 2017

Japan’s Car Industry Is Scrambling To Catch Up On Technology

The car industry is changing at probably the quickest pace it’s ever seen, and the fun part is nobody has a clue what the...

As crisis at Kobe Steel deepens, CEO says cheating engulfs 500 firms

TOKYO (Reuters) - The cheating crisis engulfing Kobe Steel Ltd just got bigger. Chief Executive Hiroya Kawasaki on Friday revealed that about 500 companies had...

Nokia to boost Zain Iraq radio networks

Nokia will modernize and expand Zain Iraq’s radio networks with its most advanced technologies across Karbala, Najaf and Basra. The move will have a...

Abraaj Group invests in Pakistan’s Entertainment sector

The Abraaj Group, a leading investor operating in growth markets, announced it has invested through its fund, in Cinepax Limited, Pakistan’s leading cinema operator. Arif...

A joint venture between Egypt & UAE for developing the economic zone on the Red...

On Thursday, September 21st,  Admiral Mohab Mameesh, Chairman of the General Authority for the Suez Canal Economic Zone (SCZone), signed an initial agreement with Chairman...

Saudi Arabia invests $2.7B in the entertainment industry

Saudi Arabia’s sovereign wealth fund is creating an entertainment investment company as the kingdom invests in recreational projects. The kingdom’s Public Investment Fund announced Wednesday...

Saudi Arabia to allow international companies to install solar cells for power subscribers

The Kingdom will begin receiving applications to install solar cells, with the Saudi Electricity and Co-Generation Regulatory Authority allowing international companies to register for...

China’s biggest banks bans new North Korean accounts

China’s biggest banks have banned North Koreans from opening new accounts in an unprecedented move to clamp down on financial flows with the country's...

Malaysia recognises UAE halal products

Malaysia has officially recognised the UAE Halal Products Control System, national certificates and the national Halal mark, which will facilitate the trade of UAE...

Rickshaws to jump start India’s all-electric drive

New Delhi: India will roll out nearly 100,000 battery-powered buses and autorickshaws onto its sulphurous city streets in the coming weeks, setting it on...

Aramco’s IPO on track

(Reuters) - Saudi Aramco’s planned initial public offering remains on track, the company said on Thursday, after Bloomberg reported that the oil company is...

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Sharm El-Sheikh’s 2017 Africa Conference opens the gate for the wealth of the continent’s...

Sharm el-Sheikh hosted last week the 2017 Africa Conference, marking the second session of the conference for the second consecutive year after the Africa...

Bahrain sustains its Banking hub through developing a Fin-tech hub

In an attempt to sustain its position as a financial hub in the Gulf Corporation Council, GCC, Bahrain has announced the launch of ALGO...

Egypt launches its first nuclear power plant

Egyptian President Abdel-Fattah El-Sisi and the Russian President Vladimir Putin met in Cairo on Monday for signing the agreement to officially launch Egypt’s first-ever nuclear...