Energy

Japanese banks sign joint loan to fund Qatar’s biggest mega solar power plant »

12:12 pm | The Japan Bank for International Cooperation (JBIC) and Mizuho Bank have signed a syndicated bank facility worth $330 million to fund the construction of Qatar’s first mega solar power plant, Japan Times reports.…

Aug 13 2020 / Read More »
Gulf News

GCC rallies behind UAE, condemns Turkish threats »

01:18 pm | The Gulf Cooperation Council, GCC, has condemned Turkish threats to member UAE in the showdown opposing the two countries…

Aug 12 2020 / Read More »

China suspends Etihad Airways Abu-Dhabi-Shanghai route over covid-19 contaminations »

01:12 pm | China’s aviation regulator said Wednesday it would suspend Etihad Airways from operating its Abu Dhabi- Shanghai flight for a…

Aug 12 2020 / Read More »

KSA re-opens land borders with neighbors for trucks traffic »

12:42 pm | Saudi Arabia has re-opened its land borders with UAE, Kuwait and Bahrain for commercial trucks as it eases covid-19…

Aug 6 2020 / Read More »

Kuwaiti aircraft lessor Alafco to buy 20 aircrafts from Boeing »

01:39 pm | Alafco, aircraft lessor company in Kuwait, will purchase 20 aircrafts from US airplane maker Boeing after both parties reached…

Aug 4 2020 / Read More »

MOST RECENT

  1. Emirates NBD in talks to acquire Lebanese BLOM Bank Egypt
  2. Istanbul airport gets first ever global airport health accreditation
  3. Japanese banks sign joint loan to fund Qatar’s biggest mega solar power plant
  4. GCC rallies behind UAE, condemns Turkish threats
  5. China suspends Etihad Airways Abu-Dhabi-Shanghai route over covid-19 contaminations
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Energy

  • Japanese banks sign joint loan to fund Qatar’s biggest mega solar power plant

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  • Oman sets mid-2021 to launch operations of biggest solar plan

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  • Syria, Turkey condemn alleged oil deal between US firm and Kurdish rebels

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  • Aramco goes on customary redundancy plan, cuts hundreds of jobs

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  • SABIC appoints new chairman as Aramco takes control

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  • Aramco takes control of SABIC after injection of $69.1 billion

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  • Petrofac gets six-month extension contract with Basra Oil

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  • First Iranian tanker docks in Venezuela

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  • Lebanon maintains contract with Sonatrach amid corruption, adulterated fuel scandal

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  • Algeria calls adulterated fuel supply in Lebanon “internal Lebanese affair”

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  • Algeria’s Lebanon-based Sonatrach subsidiary mired corruption and adulterated fuel

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  • Opec signs check worth $1bn to help fight covid-19 developing countries

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Emirates NBD in talks to acquire Lebanese BLOM Bank Egypt »

12:17 pm | Dubai’s largest bank, Emirates NBD is in early talks with Lebanon’s BLOM Bank which is looking to sell its Egypt-based subsidiary BLOM Bank Egypt. The deal is not certain, the Dubai-based bank said though both sides are still continuing the discussion. The talks came into being after BLOM Bank, reportedly hired CI Capital to advise…

Aug 13 2020 / Read More »

GCC rallies behind UAE, condemns Turkish threats »

01:18 pm | The Gulf Cooperation Council, GCC, has condemned Turkish threats to member UAE in the showdown opposing the two countries at the international front, special in Libya. Nayef Al-Hajraf, Secretary General of the council convoyed the message to Turkey’s ambassador, Erdogan Kok, to Saudi Arabia, in a meeting, Arab News reports. Hajraf according to the Saudi…

Aug 12 2020 / Read More »

Japanese banks sign joint loan to fund Qatar’s biggest mega solar power plant »

12:12 pm | The Japan Bank for International Cooperation (JBIC) and Mizuho Bank have signed a syndicated bank facility worth $330 million to fund the construction of Qatar’s first mega solar power plant, Japan Times reports. “This loan is expected to contribute to further strengthening of the multilayered economic ties between Japan and Qatar,” JBIC said in a…

Aug 13 2020 / Read More »

Istanbul airport gets first ever global airport health accreditation »

12:15 pm | Turkey’s Istanbul airport has received world first health accreditation underlining the global airports’ observance of the health protocols. The award, given by the Airports Council International (ACI), works with airports by assessing new measures and procedures introduced as a result of the COVID-19 pandemic. It considers cleaning and disinfection, physical distancing, staff protection, physical layout,…

Aug 13 2020 / Read More »

Emirates NBD in talks to acquire Lebanese BLOM Bank Egypt »

12:17 pm | Dubai’s largest bank, Emirates NBD is in early talks with Lebanon’s BLOM Bank which is looking to sell its Egypt-based subsidiary BLOM Bank Egypt. The deal is not certain, the Dubai-based bank said though both sides are still continuing the discussion. The talks came into being after BLOM Bank, reportedly hired CI Capital to advise…

Aug 13 2020 / Read More »

Gulf News

GCC rallies behind UAE, condemns Turkish threats »

01:18 pm | The Gulf Cooperation Council, GCC, has condemned Turkish threats to member UAE in the showdown opposing the two countries at the international front, special in Libya. Nayef Al-Hajraf, Secretary General…

Aug 12 2020 / Read More »

China suspends Etihad Airways Abu-Dhabi-Shanghai route over covid-19 contaminations »

01:12 pm | China’s aviation regulator said Wednesday it would suspend Etihad Airways from operating its Abu Dhabi- Shanghai flight for a week due covdi-19…

Aug 12 2020 / Read More »

KSA re-opens land borders with neighbors for trucks traffic »

12:42 pm | Saudi Arabia has re-opened its land borders with UAE, Kuwait and Bahrain for commercial trucks as it eases covid-19 curbing measures. The…

Aug 6 2020 / Read More »
Kuwaiti aircraft lessor Alafco to buy 20 aircrafts from Boeing » Kuwaiti citizens, residents allowed to travel to and from Gulf country from August 1 » Libya: Saudi Arabia seeks to bring neighboring countries’ positions closer » Kuwaiti Man arrested after slapping Egyptian expat worker » Qatar expresses interest in hosting 2032 Olympic Games »

Finance

Beirut blasts: Lebanon’s Central Bank freezes assets of heads of Beirut port, customs officials »

04:55 pm | Lebanon’s Central Bank has ordered the freeze of accounts of heads of Beirut port and several individuals including those of Lebanese customs…

Aug 7 2020 / Read More »

Lebanese banking association toys with the idea of pulling out of talks with IMF »

12:27 pm | Lebanon’s banking association said Thursday it might withdraw from talks with IMF owing to rows over the scale of the country’s vast…

Jul 24 2020 / Read More »
EBRD approves Algeria’s membership application » Bahraini bank officials sentenced to five years in prison over money laundering charges » Bahrain: bank officials convicted over money laundry charges » Saudi Ground Services provides credit facility to Saudi British Bank » SMBC Nikko Securities to open branch in Abu Dhabi in line with expansion plan »

Emirates NBD in talks to acquire Lebanese BLOM Bank Egypt »

12:17 pm | Dubai’s largest bank, Emirates NBD is in early talks with Lebanon’s BLOM Bank which is looking to sell its Egypt-based subsidiary BLOM Bank Egypt. The deal is not certain, the…

Aug 13 2020 / Read More »

World News