Russia and Iran sign $30bn energy agreements

FT reported that Russia and Iran have signed agreements to collabourate on “strategic” energy deals worth up to $30bn that will involve energy groups...

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...

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...

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...

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,...

China’s central bank: Bitcoin offerings are illegal

Bitcoin has tumbled by the largest amount since July after China’s central bank said initial coin offerings are illegal and asked all related fundraising...

Egyptian President Abdel Fattah El-Sisi visits China and Vietnam

The BRICS group of five emerging economies (Brazil, Russia, India, China and South Africa) held their 9th summit in the Chinese city of Xiamen...

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High time to invest in Egypt

Since 2011, Egypt has been facing great challenges that ranged from irregular loss of electricity, failure to commit to our obligations to international Oil...

Aramco’s IPO Listing, going east or west

Saudi Arabia is still in talks with strategic investors such as China, Japan, the US, the UK and South Korea before deciding where to...

BNP Paribas: Egypt is the 16th largest gas-reserve holder, can it become the regional...

As Egypt inaugurates the launch of the first stage of its giant Zohr gas field in the Mediterranean on Wednesday, it is time to...
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