Egypt hosts Arab Accreditation Cooperation’s biannual meeting in August
Egypt is to host the biannual meeting of the Arab Accreditation Cooperation (ARAC) during the period of 29-30 August, sponsored by Eng. Tarek Kabil,...
Sheikh Mohammed launches Dubai’s new $1.7bn mega-project
Dubai Ruler Sheikh Mohammed has announced the launch of Marsa Al Arab, Dubai Holding's latest tourist destination development in the emirate.
The $1.7 billion (AED...
Mobily financial results
Saudi Arabia’s Etihad Etisalat (Mobily) said on Sunday that accounting changes would increase its 2014 loss by about SAR 830m ($221m) to SAR 1.745bn.The...
For more public-private partnerships
Dubai has issued a new law to encourage more public-private partnerships in the emirate. The law has been issued by Sheikh Mohammed bin Rashid...
Fed interest rate increase impact on the Gulf and expectations to follow
Over their last meeting in 2016, the US Federal Reserve raised interest rate last week by 0.25% to a current 0,5%. The raise has...
FGB & NBAD merge to create the largest bank in Middle East & North...
First Gulf Bank board members and National Bank of Abu Dhabi’ board has approved the merger of both firms to create the largest bank...
SR3,000 fine for every delayed salary
JEDDAH: Employers who delay the salaries of their Saudi and expatriate employees, or who fail to pay contracted amounts, will be fined SR3,000 for...
Financial results of Saudi companies
The Saudi companies listed in the local stock market will begin to announce after about 10 days from now its financial results of the...
Dubai firm to build world’s first 3D printed skyscraper
Dubai-based construction technologies firm, Cazza, has announced plans to build the world's first 3D printed skyscraper. The firm will be able to 3D print...
SABIC-Korean joint venture
Saudi Basic Industries Corporation (SABIC) said it had completed the formation of a joint venture with Korean petrochemical manufacturer SK Global Chemical Company to...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta
Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...
Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...