Alibaba says Singles’ Day sales hit $13b in first hour.
Chinese e-commerce giant Alibaba Group Holding Inc said on Monday that sales for its annual Singles’ Day shopping blitz hit
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Business News
KIPIC prepares contract list to bid for Al-Zour project.
The Kuwait Integrated Petroleum Industries Company (KIPIC) has completed internal approvals to qualify the international consortiums to bid for contracts
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Kuwait current account surplus $10b – CBK
The Central Bank of Kuwait (CBK) said on Wednesday that the current domestic account posted a surplus at KD 3.2
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The Red Sea Development Company awards Fosters + Partners design contract for international airport.
The Red Sea Development Company (TRDSC), the developer behind the ambitious Red Sea Development tourism project in Saudi Arabia, has
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Hyperloop signs self-driving vehicle agreement with Gaussin.
Hyperloop Transportation Technologies (Hyperloop TT) has partnered with Gaussin, the leading French logistics engineering corporation, to develop a self-driving vehicles
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Egypt eager to invest $1 billion in Pakistan.
Egypt is keen to invest $1 billion in Pakistan over the next one year in different sectors including energy, infrastructure,
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Kuwait invests $200 million into China’s high-speed rail network.
Kuwait’s sovereign wealth fund has become the first foreign investor in China’s state-of-the-art high-speed rail network, as it looks to
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Kuwait up in global competitiveness – Ranks 5th in Arab economy.
Kuwait Direct Investment Promotion Authority (KDIPA) announced Wednesday that Kuwait has advanced by eight places to reach the 46th rank
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Talabat appoints new CEO.
Talabat, the largest food delivery service in the Middle East and North Africa (MENA), has appointed Tomaso Rodriguez as its
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Boeing to establish an office in Kuwait in 2020.
Oct 6 Boeing US intends to open its office in Kuwait in the first quarter of 2020, affirming that major
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Oman’s Madayn offers Indian companies as investments top $17bn.
Oman’s Public Establishment for Industrial Estates (Madayn) organised the Oman-India Investment Meet event on 29 September 2019 at Crowne Plaza
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Modon awards $417mn contract for Riyadh City South phase one in Abu Dhabi.
Modon Properties (Modon), a development company mandated by the Abu Dhabi Government to build sustainable communities and develop strategic mixed-use
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Saudi tourism backing in $26 billion deals.
As Saudi Arabia opens its doors to tourists from across the world, the General Investment Authority (SAGIA) and Saudi Commission
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Indonesia provides Pakistan access to $2tr market.
Indonesia, along with Association of Southeast Asian Nations (Asean) member states, is a huge market with great potential for Pakistani
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UAE-CREF, Masdar, ADFD to build hurricane-resistant Barbuda plant
UAE-Caribbean Renewable Energy Fund (UAE-CREF) announced a partnership to restore power to Barbuda after Hurricane Irma caused extensive damage to
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