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.
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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...