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...
Suez Canal attracts gulf companies
by Maye Kabil
Although the new lane of Suez Canal was financed only by Egyptians and implemented mainly by Egyptian companies as promised on the...
UAE leads Middle East’s internet economy
Gulf News - The UAE leads the Middle East when it comes to the maturity of the internet economy, according to The Boston Consulting...
Will KSA & UAE’s support obviate Egypt’s need to resort to IMF?
Economic experts: International Monetary Fund’s loans are not the most ideal solution, but the last resort to cover our financing needs
Egypt needs to secure...
Saudi Arabia’s Ministry of Commerce Enforces E-Billing on Private Sector
Jeddah- Saudi Arabia’s Ministry of Commerce and Investment urged all companies and institutions to install electronic systems to run financial transactions and billings as...
Renewable energy project to the Maldives
The Abu Dhabi Fund for Development (ADFD), an entity responsible for administering grants from the Abu Dhabi government, is lending the government of the...
Ras Al Khaimah projects in focus at forum
Projects for investment in the UAE emirate of Ras Al Khaimah will be the focus of high-level two-day international business investment forum in December.
The...
Depa signs contracts worth $195m in H1
Depa, a leading global interior contracting company, signed new contracts worth over Dh719 million ($195.6 million) in the first half of 2015 winning landmark...
ASTF launches 2nd session of “Arab Capabilities for Development and Innovation”
Arab Science & Technology Foundation (ASTF) announced launching the second session of “Arab Capabilities for Development and Innovation” initiative. The first session 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...
China’s Honghua wins Iraq drilling services contract
China-based Honghua Group, a leading global land drilling rig manufacturer, said it has entered into an agreement worth $26 million with an Iraqi firm...
Latest article
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...