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...

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...

Dubai approves $354m Expo 2020 contracts

Dubai government is set to spend Dh1.3 billion ($354 million) on development of rain and groundwater drainage system for districts around the Al Maktoum...

Kuwait to set up new green treatment plant

Kuwait has announced plans to develop a new eco-friendly treatment plant with a capacity of about 400,000 cu m per day in the South...

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,...

Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet...

Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet fuel in November at the latest, as the world’s biggest...

Port Said Container Cargo Handling Company exceeds one billion EGP in total revenue

The Port Said Container and Cargo Handling Company, one of the Holding Company for Maritime and Land Transport’s companies operating under the Ministry of...

Tarek Amer named Central Bank Governor of the Year 2017

News Agencies, Governor of the Central Bank of Egypt Tarek Amer was named Central Bank Governor of the Year for Middle East and North...

3 reasons why Egypt deserves a Marshal plan

By : Sherif Abdel Ghaffar In 1948 America started a 4-year initiative to aid Western Europe in the aftermath of World War 2. The United...

Towards a cash-less Society, Banks need to expand into remote areas

By: Rania Imam By end of 2016 the Central Bank of Egypt (CBE) headed on a mission aiming for promoting a cash-less economy, the Central...

Arab countries breakup diplomatic relations with Qatar

By: Yasmin Fouda Stocks in Qatar slumped to their lowest in more than a year on Monday after Egypt, Saudi Arabia, UAE, Bahrain, Yemen and Libya have broken off...

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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...