Browsing: Business
According to the Studies and Initiatives Center of the Bahrain Chamber for Commerce and Industry (BCCI), the following report on “Trade in Focus” provides an overview of the trade relations between Bahrain and South Korea. Key trade indicators and potential
The Iraqi Ministry of Industry and Minerals said in a statement on Tuesday that Iraq ranks first in the world for sulfur reserves, noting in particular that more than 400 million tons of sedimentary sulfur reserves are found in the
The International Monetary Fund and Lebanon have reached a tentative agreement on Economic Policies with Lebanon for a Four-Year Extended Fund Facility. However, financial experts and analysts remain unconvinced that the Lebanese political elite, widely criticized for rampant corruption, will
A deal to buy additional natural gas will be signed by Italian Premier Mario Draghi in Algeria, the latest effort by a European Union country to acquire alternative energy sources to reduce its reliance on Russia. Almost 40% of Italy’s
Khazaen Economic City Oman has signed an agreement with Al Janabi International Investment Company to establish a factory that will produce cement products. For the first phase of the project, Al Janabi International Investment Company will invest RO 2 million. In
Saudi Arabian Military Industries (SAMI) group, a wholly owned subsidiary of the Public Investment Fund and the Kingdom’s leading national defense localization company, has signed a preliminary agreement with Boeing (Boeing), the world’s largest aerospace company and leading provider of
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has approved Binance’s In-Principle Approval (IPA) for the Financial Services Permit (FSP) to operate as a broker-dealer in virtual assets. ADGM, the International Financial Centre in Abu Dhabi,
UAE’s Barakah Nuclear Energy Plant has been recognized as a global success story for tackling climate change through the UAE’s Peaceful Nuclear Energy Programme. The Emirates Nuclear Energy Corporation (ENEC) has now passed the halfway mark for full commercial operation
The Central Bank of Egypt reported a decrease of $3.91 billion in foreign reserves for the first time in 20 months. The Egyptian pound dropped again against the dollar on the black market on 21 July 2016, extending its recent
Jordanian Finance Minister Mohammad Al-Ississ discussed ways to enhance bilateral cooperation in the areas of finance, tax and customs with Saudi Finance Minister Mohammad Al-Jadaan. In the course of the meeting which was held at the sidelines of the Joint