Main headlines

March 2, 2014

The Trina Solar project will be Jordan's first rooftop solar power project (File Archive/Shutterstock)
14:00 GMT

China-based company Trina Solar recently signed an agreement with Amman-based companies to build rooftop solar power plants.

Emirates president Sir Tim Clark told Al Arabiya News that he was “surprised” at a report stating that the carrier could be asked to proceed with an initial public offering (File Archive)
13:00 GMT

State-owned Emirates airline told the media this week that it is under "no instructions" to list on the stock market, despite recent reports suggesting that Dubai is planning to sell off part of the airline.

Saudi Arabian billionaire prince Al Waleed Ibn Talal is expected to announce a donation for the Jerusalem Fund during his visit to Ramallah Tuesday (File Archive)
11:46 GMT

Saudi Arabian billionaire prince Al Waleed Ibn Talal will meet with Palestinian leadership in the public and private sectors this Tuesday.

India imports around 75 per cent of its crude oil
09:55 GMT

Energy-deficient India discussed the possibility of reviving a project for a deep sea pipeline connecting Oman and Iran to India.

A two-bedroom apartment in central Abu Dhabi now costs an average of Dh70,000 per annum
08:31 GMT

Rents in Abu Dhabi’s prime residential areas increased by nearly 17 per cent during 2013 and there are projections for further hikes this year.

The North African country’s economy relies heavily on European tourism and is still recovering from the aftermath of its political upheaval three years ago.
03:55 GMT

It is the biggest loan package Tunisia has received since the 2011 revolution that toppled autocratic president Zine El-Abidine Ben Ali.

 A surge in US oil and natural gas production has lifted hopes about North American energy security, but that growth will plateau and will be difficult to replicate elsewhere.
02:27 GMT

The light tight oil revolution in the United States is changing the geographical map of oil trade.

February 28, 2014

Israel is the third country that will benefit from this kind of cooperation, but Israel's agreement will include unique items for planned cooperation with California.
01:18 GMT

The agreement will give Israeli companies access to California's Innovation Hub (iHub) program, which consists of 16 clusters of R&D groups.

The government aims to export green power to Europe via Spain in coming years.
01:06 GMT

“It is one of the biggest wind farm projects in the world,” the utility said in a statement.

February 27, 2014

On Monday, both Arabtec and Kharafi declined to comment.
15:45 GMT

On Wednesday, Arabtec said: “The company denies that it will acquire Kharafi National.”

“Net income turned into a JD39.9 million loss on December 31, 2013,” the company’s disclosure showed.
15:39 GMT

“At the forefront of the set criteria that determine route profitability are the traffic, the operating expenses and the required fleet operated on these routes,” it added.

The 88.5 meter-long superyacht Nirvana will be at this year's show (Courtesy of Superyacht News)
14:00 GMT

The Dubai International Boat Show is set to launch this weekend with over 750 companies registered to participate.

There are 1,600 companies in the freezone (Courtesy of Arabian Business)
13:00 GMT

Dubai Airport's Freezone Authority saw a 42 percent increase in its revenues last year.

Egypt's public business sector will now be handled by the ministry of foreign trade and industry rather than the investment ministry (File Archive/AFP)
10:00 GMT

With the recent resignation of Egypt's government, Cairo's current reshuffling may affect investment practices and business in new ways.

The UAE Energy Minister, Suhail bin Mohammed Faraj Faris Al Mazrouei, and Japan’s Minister of Economy, Trade and Industry, Toshimitsu Motegi, signed a MoU on the peaceful use of nuclear energy in the UAE
08:45 GMT

General Shaikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Japan’s Prime Minister, Shinzo Abe, on Wednesday witnessed the signing ceremony of a number of agreements and Memoranda of Understanding (MoUs).