Saudi reforms provide huge opportunity for private firms
After decades of government-led growth, Saudi Arabia is handing over much of the responsibility for the economy to private firms...
Business & Economy
French firm to establish car assembly factory in Egypt
A French auto maker plans to establish car assembly factory in the Egyptian market within the upcoming period, Egyptian Trade...
Sinoma International signs contract on cement plant in Egypt worth 1 billion euros
Sinoma International Engineering announced that Chengdu Design & Research Institute of Building Materials Industry, a wholly-owned subsidiary, has signed a...
Qatar's commercial sector to spend $2.8 billion on ICT
Total ICT (information and communications technology) spending by Qatar's "commercial sector" is projected to increase to nearly $2.8bn by 2019,...
$130 million investment in Iraq’s Umm Qasr port
Philippines-based International Container Terminal Services (ICTSI) is investing $130 million in Umm Qasr port, according to a report from Reuters....
91 million people in Egypt as of 12 June 2016
Egypt’s population is set to reach 91 million people as of Sunday evening, according to the Central Agency for Public...
A quick guide to the Saudi National Transformation Program
Saudi Arabia approved its National Transformation Program, a key part of a blueprint to prepare the kingdom for the post-oil...
Smart tech can cut utilities spend by $10 billion in GCC
Smart technologies can help reduce the investment needs of new desalination and power plants by approximately $10 billion in the...
Henkel to invest €50 million in Egyptian market in next 5 years
Henkel Egypt announced that the company targets investing €50m in Egyptian market in the next five years as part of...
Lower oil prices do not present a threat to Qatar’s economy
Qatar’s short-term political risk profile remains among the most stable in the region. Qataris benefit from massive hydrocarbon wealth which...
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