HomeWorld

News World

UAE investment fund takes 9.1pc stake in Daimler

An Abu Dhabi state investment fund has agreed to take a 9.1-percent stake in Germany’s Daimler, the manufacturer of Mercedes Benz cars and the ...

Opening of Middle East’s Largest Pump Manufacturing, Repair and Testing Facility in the Saudi Arabia

Flowserve Corporation , a leading provider of flow control products and services for the global infrastructure markets, and Al-Rushaid Group (Dhahran, ...

Kuwait to emerge as trade hub

Kuwait is pursuing an aggressive strategy to become an established trade and financial center through its participation in the Arabian Travel Market 2009 ...

Qatar Insurance sector posts modest growth

The domestic insurance market had a modest growth against the national economy recorded an impressive real GDP growth in 2008, said Abdullah ...

Oman best placed in Gulf to face crisis

The Sultanate is best poised among all Arab Gulf nations to face the challenges of the current economic crisis that has led to a worldwide slowdown ...

Dubai Logistics City licenses first firm

Dubai Logistics City (DLC), part of the multi-modal integrated logistics platform in Dubai World Central (DWC), a 140 square kilometre urban land development in south-west Dubai, has licensed its first logistics ...

DFM awarded Durrat Al Bahrain project

Ahead of its first day of listing on the Dubai Financial Market (DFM), Drake & Scull International PJSC (DSI) announces that it has been awarded its ...

Tunisia , Oman ink MoU on digital certification

Oman Information Technology Authority (ITA) signed a memorandum of understanding with the National Digital Certification Agency ...

Arab FDI target Tunisia

Despite the global economic crisis, Tunisia continues to attract foreign investors. Arab investors who are behind some of the country’s mega projects have pledged to honor their commitments, said Mr Foued Daghfous , first Advisor to the President of the Republic and the head of the high commission ...

Tunisia: Tunisia to become propane exporter by early 2009

Tunisia should become an exporter of propane during the first quarter of 2009, following development of the offshore Hasdrubal gas/condensate ...

Zain raises US$4.49b for further expansion

Zain Group, the leading mobile telecoms operator in the Middle East and Africa, has raised US$4.49 billion through a capital increase in Kuwait
- Advertisement -

MOST POPULAR

HOT NEWS