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Sadara is a petrochemical joint venture between oil giant Saudi Aramco and Dow Chemical. Sadara will soon announce a Sukuk project according to close sources. There are claims that the move is in line with Sadara’s bid to raise billions Read more
A new discovery in uranium reserves has increased the estimation of Jordan’s ore reserves at 12,300 tons. According to a released statement from the joint venture of Jordan Energy Resources Incorporation and AREVA, a French company (JFUMC), “further exploration proved Read more
The World Bank has deemed it necessary to help the MENA region rebuild from the aftermath of the Arab Spring with an investment of half a billion dollars. The bank is trying to raise the fund through one of its Read more
A long term agreement has been concluded between Qatar Liquefied Gas Company (Qatargas), and the Tokyo Electric Power Company (TEPCO). The largest Liquefied Natural Gas (LNG) producing company and the largest Japanese buyer in the Japanese market signed a document Read more
After two years of hard work before successfully testing the prototype of their imagination drawn from a cedar tree, engineers at the American University of Beirut (AUB) have started what can turn out to be a new page in the Read more
The king of Jordan met up with investors in the Kingdom at the Aqaba Special Economic Zone (ASEZ) to discuss issues concerning investments and especially the hurdles when he was on a visit to Aqaba to evaluate the state of Read more
Malawi, host of the next African Union summit to be held in July, has sent a strong signal to the African Union that Sudan’s President, Omar Al-Bashir , is not welcomed into country. This decision was described by Malawi’s information Read more
In its quest to stabilize its local currency and satisfy the high demand of dollars by the traders, the Central Bank of Iraq has been channeling through the country’s biggest state banks, Rafidain and Rasheed, an amount of $6 billion Read more
Synergics-MENA, a joint venture between Synergics Corporation and business groups in the United States and Saudi Arabia, has released a statement announcing that the host of corporate, public and private institutions which are part of its customers in the Middle Read more
Kuwait sits in 2nd and 3rd positions when it comes to obesity and diabetes respectively in the Middle East region. This is likely to change soon because the Vbloc Maestro Therapy has been launched in the country by the home-based Read more