China’s Safbon to build $200 million recycling plant in Egypt
Shanghai Safbon Water Service company is planning to establish a recycling plant with investments worth $200m in Kafr El Sheikh...
Business & Economy
$14 million juices and sodas factory opened in Lebanon
ATC Bottling, a recently established company, has acquired the license to produce juices and sodas for international brand ‘Sinalco’ and...
Pasta factory opened in Baalbeck
Somas Establishment, a recently established company, has opened a factory for the production of spaghetti and vermicelli, which it will...
Egypt receives first tranche of $3 billion World Bank loan
Egypt received the first $1 billion tranche of a three-year, $3 billion loan from the World Bank to fund government...
Egypt offers long-awaited 4G licenses
The launch of 4G licenses in Egypt will help boost low user revenue for telecoms companies and improve service quality,...
Bahrain’s economy on the rebound
A continued flow of investments in infrastructure looks set to maintain Bahrain’s upward trajectory in the second half of this...
Qatar leads GCC's banking sector growth
Led by QNB, Qatar-based banks outperformed GCC peers across various metrics in the second quarter of 2016 (Q2, 2016). Banks...
A new juice production factory opens in Egypt
Sakr Group for Food Industries targets to increase its exports this year after the inauguration of its new juice factory....
New corrugated packaging factory opened in Lebanon
Megapack, a manufacturer of corrugated packaging, opened earlier this month in the industrial zone of Mazraat Yachouh. Investment in the...
Saudi Arabia looks to fast-track capital market reforms
Proposed changes to Saudi Arabia’s capital markets regulations could be fast-tracked by authorities, paving the way for increased participation from...
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