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After a long period of delay of the causeway project, Sheikh Jaber al-Ahmad al-Sabah project, a deal has finally been signed to bring the dream to live. According to a stock exchange filing, Kuwait has signed a contract with South Read more
Jordan was facing a $3 billion deficit in September. Therefore, the government tried to reduce fuel subsidies by raising the price by 10 %. But the decision was reversed when thousands demonstrated. However, a drop in subsidies forced the cabinet Read more
Qatar has concluded a new deal with Total over the Al Khalij offshore oilfield. Both parties signed a 25year agreement as the current deal nears its end. Total discovered the oilfield and started production on the oilfield in 1991 and Read more
After the encouraging results of their partnership, Saudi Basic Industries Corporation (SABIC) and Shell are looking forward to the expansion of various projects at the Saudi Petrochemical Company (SADAF). The two are engaged in a successful partnership are now planning Read more
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
King Hamad attended the inauguration of an Arabian Nights-themed national theatre. The National amphitheatre can welcome up to 1001 guests and it coasted almost $50 million. This elegant cubic glass structure with a golden colored roof is built near the 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
Mahmood Sharif Mahmood, an advisor at the Gulf state’s ministry of foreign trade has given reasons why the UAE has put a temporary halt to its investments plans in countries hit by the Arab Spring. He said that they are 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