Since 2008, Berytech Fund has invested in 15 ventures focusing on technology companies in Lebanon with proven commercial viability. (
October 26, 2016 - 13:00 GMT
Berytech I has sold its stake in three of its tech portfolio companies, with a 14.4 percent profit.
Changi Airport International has been contracted to run King Fahd International Airport for the last eight years. (Shutterstock)
October 26, 2016 - 12:00 GMT
The biggest ground handler at Singapore's Changi Airport will expand operations in the Middle East with a new air cargo project at Dammam airport.
The UAE is eagerly awaiting suggestions on best practice and the ideal regulatory framework that would allow its mining industry to grow and thrive even in difficult times. (Shutterstock)
October 26, 2016 - 11:00 GMT
The UAE is calling on technical experts, manufacturers and policymakers to submit their recommendations to the government in order to develop its mining laws.
Women are coming to the UAE on visit visas and then they are brought to Oman most often illegally. (File photo)
October 26, 2016 - 10:00 GMT
A new investigation reveals that domestic workers from Asia and Africa are being imported to work illegally in Oman by unscrupulous agents.
The underwriting applications for the bonds reached around $4 billion, or 400 per cent of the issuance value.(Shutterstock)
October 26, 2016 - 09:00 GMT
Economists voiced mixed reactions on Jordan's bond issuance, voicing concerns for adding to Jordan's rising public debt.
Alabbar, who made his fortune as the chairman of Emaar Properties, has been moving into other areas, in particular technology. (AFP/File)
October 26, 2016 - 08:00 GMT
The Emaar chairman is planning to launch a messaging service app that would be designed for an Arabic-speaking audience.
Al Jazeera Steel believes that the determined margin/duty will not have impact on the company’s revenue and profit. (Shutterstock)
October 26, 2016 - 07:19 GMT
The US Department of Commerce has imposed an anti-dumping duty for the export of circular welded steel pipes.
The second phase of DWC expansion will be to increase capacity to 120 million passengers a year ahead of Emirates' planned move. (File photo)
October 26, 2016 - 07:03 GMT
With capacity at Dubai World Central is set to increase to around 25 million passengers a year by the end of 2017, Emirates airline operations will move to the emirate's second airport next year.
The bankruptcy law is one of the most important foundations of the UAE legislative system considering its role in strengthening  the investment environment for the UAE economy. (File photo)
October 26, 2016 - 06:52 GMT
Under the new system, companies and individuals in the UAE will now be able to restructure their debt while avoiding bankruptcy liquidation.
The launch comes following a study by the Dubai Design & Fashion Council (DDFC) suggesting the Middle East and North Africa will require at least 30,000 design graduates by 2019. (Foster+Partners)
October 25, 2016 - 11:23 GMT
Dubai Holding and Dubai Creative Clusters Authority have partnered with MIT and Parsons School of Design to launch Dubai's new design and innovation school.
The drop in oil prices has caused challenges in managing the fiscal position of the country. (Shutterstock)
October 25, 2016 - 10:00 GMT
Oman's Central Bank president has confirmed that as much as 60-70 per cent of the budget deficit will be met by way of external borrowings over the next four years.
In addition to the free zone options, the Port Zone itself has a 1,944 sq m warehouse, and a further non-free zone area contains another 1,944 sq m warehouse and 2,000 sq m of open storage.   (WAM)
October 25, 2016 - 09:00 GMT
The new free zone offers new options for supply chain management, storage and manufacturing in the emirate in the centre city port location, delivering a range of logistical and business advantages.
US Secretary of State John Kerry meets with Saudi Foreign Minister Adel al-Jubeir in London on January 14, 2016. (AFP/File)
October 25, 2016 - 08:00 GMT
The US is looking at old and new sectors of investment that are emerging as part of Saudi's National Transformation Program.
Consultations will be held over the coming period on measures and steps needed to agree on the date of holding the summit, and extend invitations to kings, presidents and princes of Arab countries.  (Shutterstock)
October 25, 2016 - 07:00 GMT
The next Arab League Summit will be held in Jordan, after Yemen declined to host the meeting.
The Fujairah port is the second largest — behind Singapore — bun­kering port in the world. (
October 25, 2016 - 06:00 GMT
Despite lacking oil reserves and produc­tion of their own, Fujairah port has estab­lished itself as a regional refined oil products hub.
In accordance with regulations, Adeptio will launch a mandatory tender offer to the remaining Americana shareholders to purchase their shares at the same price.  (File photo)
October 25, 2016 - 05:00 GMT
Adeptio bought a 66.79 percent stake in Americana (Kuwait Food Company) in a deal valued to be $2.36 billion.