Kingdom city project

Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud, Chairman of “Kingdom Holding Company”, headed a board meeting with the Board of Directors of “Economic...

UAE ranked number five

UAE has emerged number five in the KPMG 2015 Change Readiness Index, just behind Singapore, Switzerland, Hong Kong and Norway, and ahead of developed...

Dubai to build 400 solar-powered bus shelters

Dubai's Roads and Transport Authority (RTA) has announced plans to construct 400 solar-powered air-conditioned bus shelters across the emirate under the second phase of...

 Mega  project in Saudi Arabia

Creating one of the world's greatest industrial city on Jubail, is not an easy task. Jubail Industrial City, which rose from the sands three...

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...

Starting Mobile wallet

The UAE Banks Federation has approved the mobile wallet programme deeming it ready to be introduced among users, the group mentioned in a statement....

Gulf largest dairy firm

The board of Saudi Arabia’s Almarai has approved a capital investment plan which will reach SR21 billion ($5.6 billion) in the next five years,...

Saudi Transport future projects

The Saudi Transport 2015 exhibition, held last month, showcases various developments and future projects in the transport industry in the Kingdom. Engineer Hathlool Hussein Alhathlool,...

Tadawul opened to foreign direct investment

Tadawul, Saudi Arabia’s stock market on Monday 15th of June opened to foreign investors. This is the first time the Tadawul has opened to...

Gulf stock markets in Ramadan

Gulf stock markets were trading within a narrow range earlier this week with activity depressed because of the Muslim holy month of Ramadan. Dubai’s main...

Securing US$300 million Islamic Murabaha financing

The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IDB) secured a...
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El Molla Witnesses Signing of Two Agreements for Brownfields in Gulf of Suez

Minister of Petroleum and Mineral Resources Eng. Tarek El Molla and ADES Drilling Company CEO Mohamed Farouk have witnessed the signing of...

ETHDCO achieves 109% of its production plan

Eng.  Tarek El Molla, Minister of Petroleum and Mineral Resources, witnessed via video conference the General Assembly meeting of the Egyptian Company...

Eng. El-mulla witnessed ENNPI’s General Assembly and approved business result of FY 2023

Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, stressed that the vision of development and modernization launched by the Ministry...