Qatar to invest $ 25bn for boosting petrochemical industry

Qatar is planning to inject $25bn to enhance the performance of its domestic petrochemical industry over the next decade. According to Qatari energy minister Mohammed Al-Sada, the Gulf country is also looking forward to more than doubling its annual petrochemical Read more

Rabat Forum calls on African countries to boost partnership

Over 200 eminent personalities including businessmen, diplomats, bankers and decision-makers from Europe, Africa and Morocco have called on African countries to bolster partnership and South-South cooperation to speed up development to catch with industrialized countries. During the 1st “Forum de Read more

Palestine’s Humanitarian situation Worsening

The humanitarian situation in Palestine is worrying due to Israel’s continued settlement activity in the West Bank and its adverse effects on economic development and Palestinians’ access to basic services, says UN Under-Secretary-General for Humanitarian Affairs. The UN official also Read more

Syria rebuffs Arab troops intervention

Damascus has denounced Qatar’s proposal of sending Arab troops to Syria to help end the 10-months of bloody violence and clashes between government forces and protesters. Syrian Foreign ministry expressed “deep astonishment” over such a proposal which it flatly rejects, Read more

Lebanon Gets IFC Support to Boost Trade & Economic Growth

Lebanese Bank “Credit Libanais Group” and the International Finance Corporation (IFC) have signed a trade finance agreement that will help Lebanon’s private sector access global import and export markets, boosting trade and economic growth. Credit Libanais is the fifth bank Read more