Wednesday, October 18, 2017

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...

Saudi Arabia to launch tenders for 2.8GW nuclear plants

Saudi Arabia is likely to begin the process to find a vendor to build the country’s first nuclear reactors as early as next month,...

DEWA awards a Saudi- Chinese Consortia the fourth phase of its Solar park at...

Reuters, Two affiliates Maktoum Solar Park, which is the largest single-site Concentrated Solar Power (CSP) project in the world based on the Independent Power Producer...

China’s central bank: Bitcoin offerings are illegal

Bitcoin tumbled the most since July after China’s central bank said initial coin offerings are illegal and asked all related fundraising activity to be...

UAE launches website to help navigate tax system

UAE’s Federal Tax Authority (FTA) has launched its website, providing businesses and consumers with a wealth of information on the upcoming introduction of excise...

Dubai to shine with Solar panels on roof tops soon

Dubai Electricity and Water Authority (Dewa) has urged the emirate's citizens and residents to benefit from the Shams Dubai smart initiative and install solar...

SABIC, Aramco offer bids for JV to convert crude oil to chemicals

The Saudi Basic Industries Corp (SABIC) and the Saudi Arabian Oil Co (Saudi Aramco) offered bids for the engineering works of the joint venture...

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DuPont Clean Tech to help tap Egyptian gas field

DuPont Clean Technologies signed a contract with Kinetics Technology (KT) for Eni’s giant Zohr deepwater gas field in the Egyptian Exclusive Economic Zone of...

Countries need to build on automation, innovation, talentism and financial stability

The World Economic Forum’s Global Competitiveness Report for 2017-2018 has identified corruption, crime and political instability as the biggest barriers for countries competitiveness development. A decade on...

Coca-Cola Nigeria to spend $600m on new products

Coca-Cola Company’s Nigerian operation will invest $600m by 2020 to boost sales, in line with a global strategy to extend the product range beyond...