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QATAR NATIONAL BANK ISSUES U.S. DOLLAR-DENOMINATED BONDS WORTH $1 BILLION
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Qatar National Bank issued U.S. dollar-denominated bonds worth $1 billion dollars, state news agency QNA said on Thursday.
Landmark Group to open new Oasis Mall in Sharjah
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The retail and hospitality conglomerate said the mall, located on Al Wahda Street, will have over 45 retail stores - including Carrefour, Home Centre, Emax, Max and Fun City - spread over a total area of over 650,000 square feet across three floors.
Saudi tourism authority seeks to boost number of Saudis in tourism sector
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The Saudi Commission for Tourism and National Heritage (SCTH), represented by the National Center for Human Resources Development (Takamul), participated in the third employment forum organized by the Technical and Vocational Training Corporation in
Saudi Arabia not considering non-dollar oil trade: official
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The Saudi Arabian Energy Ministry has rejected the suggestion that it is considering selling oil in currencies other than the traditional US dollar. In its first public reaction since speculation began last week that the Kingdom might consider prici
Lebanon approves plan to reform ailing electricity sector
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The Lebanese government on Monday approved a plan to reform its electricity sector, vowing to provide power 24 hours a day from a grid notorious for blackouts. The decision is the most significant by the cabinet since it was formed in late January a
Bahrain to develop ‘world’s largest’ underwater theme park
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Bahrain has announced plans to develop the worlds largest underwater theme park, covering an area of over 100,000 square metres, the official Bahrain News Agency (BNA) reported. The eco-friendly project was announced by Shaikh Abdullah bin Hamad Al
Kuwait announces initiative for $200m technology investment fund
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Kuwait is launching an initiative to create a $200m fund for investments in technology, its foreign minister said at an Arab economic summit in Beirut on Sunday. Sheikh Sabah al Khalid al Sabah said Kuwait would give $50m to the fund to allow invest
Saudi sees up to $21bn investment in 2019 housing sector
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Saudi Arabias housing minister said on Wednesday he expects investments in the real estate financing sector to reach between SAR60bn and SAR80bn ($21.33bn) in 2019. Real estate financing for January hit SAR4.7bn, and coming months were expected to s
Qatar International Boat Show
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H E Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry, visiting the pavilion of German super yacht company Nobiskrug during the opening ceremony of the 6th Edition of Qatar International Boat Show at The Pearl-Qatar Marina, yesterday. Pic: Q
Siemens awarded its biggest contract in Oman for power and water project
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Global industrial company Siemens has won its biggest-ever contract in Oman valued at around 200m euros ($229m), it announced on Tuesday. The contract is for the supply of gas and steam turbines, long-term power generation services and digital solut
Dubai Healthcare City cuts fees to attract investment
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Dubai Healthcare City has reduced several fees for its healthcare, commercial, research and education offerings to attract more investment, the freezones governing body DHCA has said. Operating permit fees for issuance and renewal for close to 150 c
Smart IoT Taiwan 2019 Expo & Summit
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The Taiwan International Smart IoT Applications Show (Smart IoT Taiwan)will be held at Kaohsiung Exhibition Center in Kaohsiung, Taiwan, from August 21 - 23. The event will showcase global leaders of IoT technologies and contribute to the development
Al Haddad Motors and Agility (Bahrain) truck handover luncheon
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Al Haddad Motors held an official handover luncheon on the 5thof August with Agility (Bahrain) to celebrate several years of partnership and handover 26 Mercedes-Benz Actros trucks. A number of representatives from Agility, Al Haddad Motors and Merce
SSH chases Leed Gold status for Oman project
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SSH, a leading master planning, infrastructure, building design and construction supervision firm in the region, is working towards its goal of winning a Leadership in Energy and Environmental Design (Leed) Gold accreditation for the Package Three of
Qatar's highway project on track for 2020 completion
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Qatar's Public Works Authority (Ashghal) said construction was progressing as per schedule on its ambitious Khalifa Avenue Project with nearly 70 per cent of the work already completed. Khalifa Avenue project runs from the Al Wajbah Palace Interch
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