April 24, 2014
Dubai Investments, the largest investment company listed on the Dubai Financial Market (DFM), has raised the foreign ownership limit in the company from the existing 20 percent to 35 percent.
The foundation and piling works, one of the most important and difficult stages of the project, took 12 months to complete, the JEC said.The JEC seeks to achieve new world records using latest technologies for foundation works of high rise buildings.
April 23, 2014
Earlier this year, Turkish Prime Minister Recep Tayyip Erdogan said that he considered Iran to be “his second home” during a visit to Tehran aimed at strengthening economic ties between the neighboring countries.
Construction work has started on the expansion of the UK Maritime Component Command complex in Bahrain, creating a bigger partnership between British authorities and their Bahraini counterparts.
Asian countries including the world's fastest growing superpowers, India and China will overtake America's position as the biggest exporters to Israel in 2014.
Occidental Petroleum Corporation (Oxy) will invest further in Oman to help boost production in 2014.
Companies from across the globe are set to invest $1.8 billion at the Bahrain International Investment Park, with 58 new projects already in the pipeline, providing over 3,500 people with jobs.
As Hotel Saudi 2014 exhibited on Tuesday in Jeddah, good news followed. The Kingdom expects the hospitality industry to grow by 2.5 percent between now and 2017.
BT and Viva Bahrain have teamed together to build a Global IP Exchange interoperability hub in the micro-state.
UK Trade and Investment’s (UKTI) Regeneration Investment Office (RIO) said that Gulf investors have the opportunity to participate in projects leading to the development of 27 million square metres of new prime floor space and 220,000 homes.
Egypt’s government has faced 37 cases worth LE100 billion ($14.3 billion) brought by investors in both international and domestic arbitration centres in the three years since the 2011 uprising,
“This revised form will enable Jordanian trading companies to strengthen their competitive edge in both domestic and international markets,” the statement said.
April 22, 2014
Total sales reached Dhs5.917 billion (1.611 billion), 94 per cent higher than the Dhs3.043 billion ($828 million) reached during the same period last year.
As of May 27, all airlines will operate from Qatar's newly built and much anticipated Hamad International Airport.
Saudi Arabia will host a two-day waste management summit starting on Wednesday to push for a "green era" in the Kingdom.