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The Kingdom of Saudi Arabia (KSA) has a population of over 27 million inhabitants of which 9 million are foreigners. This significant number has been reached by the importation of labor from abroad. According to official estimates, currently 9 in Read more
A joint venture (JV) and shareholder agreement concerning the establishment of a limited liability company has been signed between Oman’s National Gas Company SAOG and Qatar-based Buzwair Industrial Gases Factories#. The liability company will be overseeing the activities of marketing Read more
A major agricultural development program will be undertaken by the International Fund for Agricultural Development (IFAD) to promote the country’s agricultural sector. The project has been allocated a budget of around $75 million. Arrangements are now underway for the project Read more
The enmity between Israel and Palestine seems to be undergoing rejuvenation as the Palestinian Authority and Hamas wage pressure on the Jewish State although their strategies differ. The Palestinian authority prefers diplomacy while Hamas focuses more on armed insurgencies. “We’re Read more
Excerpts of an interview with President Assad aired by Russia Today showed the president remaining steadfast to his position of remaining in power as bloodshed continues to engulf the country and the opposition group Syrian National Council (SNC) meets in Read more
A billion dollar bond has been launched by Qatar National Bank (QNB) and it is due to mature in February 2018. The launching will be its second debt markets foray this year. The bond came in with stricter guidance because Read more
The kingdom’s container activity has grown and currently accounts for 20% of the regional throughput in 2011, with 5.69 million twenty-foot equivalent unit (TEU) according to a Drewry Maritime Research survey in September 2012 commissioned by Seatrade. Saudi Arabia now Read more
During an interview on Channel 2 News, President Mahmoud Abbas response to a question saying “I want to see Safed. It’s my right to see it, but not to live there,” has led to widespread criticism and demonstrations. He also Read more
Abu Dhabi Oil Refining Company (Takreer), a subsidiary of Abu Dhabi National Oil Company (ADNOC), has concluded an EPC (Engineering, procurement and construction) agreement deal with the South Korean engineering giant Samsung for the construction of a carbon black and Read more
Jordan’s Royal Air Force’s national air command, control and communications infrastructure will undergo a major modernization process to be done by Lockheed Martin Corporation. The project which is worth $26 million was awarded to the company by the US Air Read more