3D printing technology will revolutionise the economic sectors that most affect people’s lives. This includes construction, medical equipment and supplies and even consumer products. (Shutterstock)
October 23, 2016 - 13:30 GMT
The Foundation will identify suitable investment channels in the region for Autodesk’s $100m Spark investment fund, which supports 3D printing entrepreneurs and start-ups.
Once completed, the new Suez Canal for Iron and Steel plant will boast a production capacity of about 1.2 million tonnes of steel per annum. (AFP/File)
October 23, 2016 - 12:30 GMT
As per the deal, Saudi International Expertise Association Academy will set up the new factory on a plot owned by the SCA.
Saudi bourse opened to foreign investors June 15, 2016. (AFP/File)
October 23, 2016 - 11:30 GMT
High international demand on Saudi public bonds is irrefutable evidence that the Saudi economy now enjoys high credibility according to World countries, especially after the announcement of the Saudi Vision 2030 and economic reforms.
An employee walks at a solar plant in Masdar outside the Emirate of Abu Dhabi. (AFP/File)
October 23, 2016 - 10:30 GMT
Jordan’s largest solar power plant will meet the annual power needs of around 110,000 homes.
Total Lebanese exports, including industrial items, average about $3 billion a year. (Shutterstock)
October 23, 2016 - 09:53 GMT
Lebanon's industrial exports in the first eight months of 2016 fell to $1.713 billion, a 14.7 percent drop from the same period of 2015 and a 19.2 percent drop from the 2014 period.
The JTB has created a scheme for airlines as well as local and international travel agents, offering incentives on the condition that flights go directly to Aqaba. (
October 23, 2016 - 07:04 GMT
Jordan's new partnership with Ukraine’s Feerie Travel will see new wekly charter flights from Kiev to Aqaba’s King Hussein International Airport until January 2017, and from March until November 2017.
The strategic location provides returns expected to deliver an approximately 6.5 per cent yield every year. (Shutterstock)
October 23, 2016 - 06:00 GMT
The Kuwaiti firm acquired General Electric’s (GE) global operation centre building in the mixed-use development area of downtown Cincinnati, Ohio.
Saudi Arabia's oil minister outlined the rapidly changing landscape in the energy industry since OPEC last month in Algeria to modestly cut its output. (File photo)
October 23, 2016 - 05:09 GMT
The Saudi Arabian oil minister has announced plans to boost its refining and chemicals business and expand into cleaner energy such as nuclear power.
Eat' Bahrain market offering currently includes 80 restaurants, including Michelin-led restaurants CUT by Wolfgang Puck and Masso by Chef Susy Massetti. (Shutterstock)
October 20, 2016 - 12:00 GMT
Founded in 2014, Eat’s consumer facing apps, available on web, iOS and Android, allow diners across Bahrain and Dubai to discover fine-dining restaurants and make real-time reservations.
Remittances and capital inflows are some of the few remaining elements that keep the struggling Lebanese economy on its feet. (File photo)
October 20, 2016 - 11:00 GMT
The World Bank revised upward its estimates for remittances and inflows to Lebanon to reach $7.6B compared to $7.48B last year.
Egypt is currently reviewing eligibility for a smart card system through which low income Egyptians access state-subsidised food. (File photo)
October 20, 2016 - 10:00 GMT
The Egyptian government is considering the increase of state support for individuals facing 'economic hardships' as a result of fiscal reforms.
 First Avenue will be designed as an European-style mall, with an indoor-outdoor boulevard and Arabesque influences. (Gulf Business)
October 20, 2016 - 08:00 GMT
Based at the edge of the Dubai Autodrome, the overall two-storey development will stretch across 500,000sq ft, linked by a one-kilometre roadway . The development is slated to open in the first quarter of next year.
The fundamental challenge for the GCC states is that they have to diversify their economies as well as create new job opportunities in non-oil sectors. (File photo)
October 20, 2016 - 07:00 GMT
According to the IMF, the combined fiscal deficit of six-nation GCC bloc is nearly $500 billion for next six years and governments need to introduce new taxes and cut spending.
The event is Bahrain’s first tri-service defence exhibition, covering land, sea and air. (Wikimedia Commons)
October 20, 2016 - 06:00 GMT
The first Bahrain International Defence Exhibition and Conference (Bidec) will be take place from October 16 to18 next year.
The $17.5B bond issue kicks off the efforts by the Kingdom to plug its large budget deficit of $87 billion this year due to a hole left by oil prices, which have fallen more than a half from the peak seen in 2013. (File photo)
October 20, 2016 - 05:10 GMT
Saudi Arabia is expected to raise 75 percent more in the $17.5B bond issue than the earlier anticipated, receiving an order book of around $70 billion.
New findings reveal that Saudi Arabia is becoming the number one in the Middle East in term of the use of social media. (Shutterstock)
October 19, 2016 - 13:00 GMT
The Global Internet Forum and Exhibition will be held for the first time in the Middle East in Jeddah in March 2017.