Virgin Galactic signs Rolls-Royce deal to develop supersonic plane.
Virgin Galactic signs Rolls-Royce deal to develop supersonic plane.
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Business News
Faded photo giant Kodak gets $765m for drug business.
Erstwhile photo giant Eastman Kodak will launch a new business manufacturing pharmaceuticals amid the coronavirus pandemic, using a $765 million
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Gulf Contractors wins Abu Dhabi island interchange contract.
Gulf Contractors wins Abu Dhabi island interchange contract
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TAQA, Masdar consortium to develop world’s largest solar power plant in Abu Dhabi.
TAQA, Masdar consortium to develop world’s largest solar power plant in Abu Dhabi.
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Pakistan’s National Flag Carrier Airline PIA is the owner of 1.4 Billion Dollar “The Roosevelt Hotel” New York USA.
Pakistan’s National Flag Carrier Airline PIA is owner of 1.4 Billion Dollar “The Roosevelt Hotel” New York USA.
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KNPC is going to select consultants for Ahmadi projects.
KNPC is going to select consultants for Ahmadi projects.
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Kuwait scraps $1.4bn solar project over Covid-19 crisis.
Al-Dabdaba solar plant Kuwait
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Saudi Arabia awards Red Sea airport’s infrastructure contract.
Saudi Arabia’s The Red Sea Development Company (TRSDC), which is developing the Red Sea luxury tourism project has awarded the
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NEOM signs $5bn facility with ACWA Power, Air Products.
Saudi Arabia giga project NEOM has signed a $5bn agreement with Air Products and ACWA Power for a production facility
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Kuwait’s Agility seeks $150m cost saving to tackle virus.
Agility Public Warehousing is seeking to save more than $150 million as the Kuwait-based logistics company tackles the fallout of
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Abu Dhabi’s Adnoc sells $10bn stake in pipelines to GIP-led group.
Abu Dhabi sold a $10.1 billion stake in its natural-gas pipelines to a consortium led by Global Infrastructure Partners, in
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APICORP estimates $792bn planned investments for 2020-2024 in MENA’s energy sector.
The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, estimates that planned and committed investments in the MENA
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American Express wins clearing licence for China’s $27tn market
American Express Co received approval to start bank card clearing services in China, making it the first foreign payments network
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JAFZA conducts massive disinfection drive across entire free zone.
Dubai’s Jebel Ali Free Zone (Jafza) has conducted a disinfection programme across all its facilities covering around 3.3 million square
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Kuwait to recruit consultancy firm for economic revival.
The Kuwaiti government is set to recruit the service of a consultancy firm to help spur economy affected by the
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