Friday, November 22, 2024
Today's News
Friday, November 22, 2024
Today's News

News

Egypt plans IPO of state-run companies

The news comes as Egypt is functioning to move ahead on a sweeping economic reform program Egypt will certainly begin the process of supplying two military-affiliated firms to financiers on March 15, as well as is likewise intending to advance another four large firms, the…
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Advantages of Setting Up Your Business in Bahrain

Bahrain is just one of the high-income economic situations and also among one of the most financially liberal nations worldwide. It is thought about the portal to Arab state due to its critical place in the centre of Middle East. The country has access to…
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Iran says reserve discovered in Sea of Oman has 200 tcf of gas

A senior authorities from Iran's state oil company the NIOC claims the gas area found n the Sea of Oman has actually an estimated 200 trillion cubic feet (5.66 trillion cubic meters) of gas. NIOC's head of exploration operations Mehdi Fakour stated on Saturday that…
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Kuwait central bank expects little SVB impact on local lenders

The Kuwait Reserve bank towers are imagined over the typical Dhow harbor as transaction and also institutional lending for Gulf have actually frozen, complying with an outbreak of coronavirus illness (COVID-19), in Kuwait City, Kuwait March 18, 2020. Kuwait's reserve bank claimed on Sunday there…
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Saudi Aramco reports ‘record’ $161 billion profit for 2022

Record earnings attracts annoyed action from climate adjustment activists RIYADH-- Saudi Aramco stated on Sunday it achieved "document" earnings completing $161.1 billion in 2015, attracting a furious feedback from lobbyists alerting concerning the devastations of environment adjustment. The mostly state-owned power titan, the world's 2nd…
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Saudi Arabia launches new airline, Riyadh Air to connect 100 locations by 2030

Saudi Arabia has actually announced the launch of a brand-new nationwide airline to be led by industry veteran Tony Douglas. The brand-new carrier intends to utilize Saudi Arabia's tactical geographical place between the three continents of Asia, Africa as well as Europe as well as…
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UAE supports Qatar’s bid to host 2026 IMF and World Bank meetings

Throughout a call, Sheikh Mohamed and also Sheikh Tamim went over brotherly ties that exist in between the two nations UAE Head Of State, His Highness Sheikh Mohamed bin Zayed Al Nahyan, today had a telephonic conversation with His Highness Sheikh Tamim bin Hamad Al…
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Egypt highlights dangers of work on Grand Ethiopian Renaissance Dam

Egypt obtains more than 90 percent of its limited fresh water from the Nile, as well as fears the dam might ruin its economic climate Ethiopia claims the building of the dam is essential to its economic advancement and also power generation CAIRO: Egypt's foreign…
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UAE-Oman rail network expected to bring about new era of collaboration and growth

The 303km train linking Sohar as well as Abu Dhabi is developed to aid make the GCC a logistics centre and sustain the sultanate's financial development The UAE-Oman rail network is expected to bring a brand-new period of connection and financial growth for Oman and…
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Saudi Arabia, Germany sign 7 deals to enhance investment cooperation

RIYADH: Saudi Arabia and also Germany have signed seven contracts complying with a high-level delegation's three-day browse through to Berlin, the Saudi Press Firm reported on Wednesday. The memoranda of recognizing managed boosting teamwork in chemicals, waste management, renewable energies, engineering, progressed industries, automotives, as…
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