6th Algeria-Spain Business Forum Held
23/03/2017 09:52 GMT

The sixth Algeria-Spain Business Forum, held Wednesday in Oran (432-km west of Algiers), has brought together operators from both countries to discuss partnership opportunities mainly in the sectors... More

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KHCB Signs Up as Sponsor for Property Show in Bahrain
23/03/2017 04:24 GMT

Khaleeji Commercial Bank (KHCB), a leading Islamic bank in Bahrain, has signed-up as Silver Sponsor for the Gulf Property Show which opens in Bahrain next month. A boutique showcase for the real... More

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TBEA, Orascom Win Bid for Egypt Power Plant
23/03/2017 10:25 GMT

China-based TBEA and the Egyptian Orascom have won the tenders for implementing transformers’ substations and civil works for the 650 MW Walideya, Assiut power plant, a report said. TBEA will be... More

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Production Starts from Iran's South Pars Field
20/03/2017 05:48 GMT

Oil wells at Iran's South Pars gas field ( South Pars Oil Layer ) started production for the first time on Sunday (19 March 2017), Iranian oil ministry news agency SHANA reported. South Pars is a... More

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Investment Opportunity in Iraq’s Industrial Sector
23/03/2017 10:00 GMT

The Iraqi Cement Company in coordination with the National Investment Commission (NIC) are pleased to announce the investment opportunities for: •Fallujah White Cement Plant •Babil Cement Plant •The... More

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Kuwait Airways to Hike Flights in Summer
23/03/2017 10:13 GMT

Following the recent announcement of a 15.9% increase in frequencies across its entire network for the upcoming International Air Transport Association (IATA) “Summer Season”, starting March 26,... More

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Major Libyan Ports Get Ready to Resume Oil Shipments
22/03/2017 08:38 GMT

Libya’s major oil ports of Es Sider and Ras Lanuf are resuming operations and preparing to export crude after a two-week halt in shipments due to armed clashes in the holder of Africa’s largest crude... More

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Omani Carrier to Suspend Beirut Services
23/03/2017 10:13 GMT

Oman Air, the sultanate's national carrier, is set to suspend its flights to Lebanese capital Beirut from its hub in Muscat starting from March 26 onwards. In a statement on Twitter, Oman Air said... More

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Manateq Offers Industrial Plots in Qatar’s Mesaieed Zone
23/03/2017 06:24 GMT

Qatar's state-run Economic Zones Company (Manateq) is inviting applications from potential investors looking to benefit from opportunities in its Mesaieed Industrial Zone, a leading hub for... More

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Saudi Arabia

SEDCO Holding Group Acquires Stake in Jeddah-Based YIS
23/03/2017 06:05 GMT

SEDCO Holding Group announced its acquisition of 50% stake in the Jeddah-based Al Yusr International Schools (YIS) in a bid to support education and community development efforts. SEDCO Holding Group... More

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Prospects Seen for Wider UAE-Germany Cooperation
23/03/2017 10:13 GMT

Non-oil trade between the UAE and Germany stood at more than USUS$15.5 billion in 2015, and US$10.9 billion in the first nine months of 2016, said Abdullah Al Saleh, Under-Secretary for Foreign Trade... More

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Equipment Ordered to Restart Oilfield in Yemen: Petsec
15/03/2017 05:43 GMT

Petsec Energy has announced the execution of a contract for the manufacture and delivery of oil tanker loading equipment to be installed at the An Nagyah Central Processing Facility (CPF) within the... More

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General News

ICD, GDCL of Bangladesh Ink MoU
23/03/2017 06:01 GMT

The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of Islamic Development Bank (IDB) Group, in partnership with Green Delta Capital Limited (GDCL), have... More

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