HomeWorld

News World

Egypt targets FDI worth $60bn over four years

Egypt wants to attract foreign direct investments worth $60 billion and to get an average growth rate of seven per cent over the next four years, the country's

Mideast-Africa to post second-fastest IT growth

The region's information and communications technology (ICT) spending is set to surpass the $270-billion-mark in 2015, with a nine per cent growth, the

Bahrain steps up crackdown on illegal workers

The Labour Market Regulatory Authority (LMRA) has unveiled plans to step up inspections at trade, industrial and tourism establishments as part of efforts to

‘GCC countries most stable in region’

The Gulf Cooperation Council (GCC) countries are the most stable within a volatile and unstable region, Bahrain’s Premier said yesterday (March 8).

Circle K plans 55 new Mideast outlets in 2015

Circle K, one of the world’s largest convenience store operators, plans to open 55 new branches across the Middle East region in 2015.

SCTA receives approval for new tourism regulations

Saudi Arabia’s new tourism regulations, proposed by the Saudi Commission for Tourism and Antiquities (SCTA), have been approved by the Cabinet.

Wire and cable market up by 15pc in Gulf

The Gulf market for wire and cable witnessed a growth of 15 per cent in the past two years. This is in sharp contrast to a falling demand in the developed 

Middle East boosts investment in top level sports

Across Europe, $1.5 billion has been spent by Middle-Eastern investors and groups on team ownership, while in the last two years alone, Asian businessmen

Insurance jobs take a back seat in UAE

Business students in the UAE are more inclined to look for a career in transport and logistics, fast moving consumer goods or software and computer services

Mena M&A market surges ahead in 2014

The value of mergers and acquisitions (M&As) in the Mena region reached $50 billion and $41 billion respectively during 2013 and 2014, ahead of

Egypt to finalize Gazprom LNG deal this month

Egypt will complete an agreement with Russia's Gazprom for the company to supply it with liquefied natural gas (LNG) shipments later this month,

GCC to invest over $200bn in rail projects

The GCC governments will be investing more than $200 billion in railway projects in the region which will see the laying of 40,000 km of railway lines, said Dr Ahmed Bin Mohammed Bin Salim Al Futaisi, the Minister
- Advertisement -

MOST POPULAR

HOT NEWS