Leading News Source For Middle East
The void left by the departure of the United Arab Emirates at the Afsin-Elbistan coal-fired power plant project in Turkey could be filled by Qatar after it signed a Memorandum of Understanding (Mou) in energy generation. Turkey is seeking to Read more
The Arab Spring which started in Tunisia before sweeping North Africa and the Middle East could be one of the costliest phenomenons that has ever been witnessed by the region. In a research report published by HSBC Bank, by the Read more
Members of the Gulf Corporation Council (GCC) will be facing gas shortages within 2 years if they don’t act swiftly to avoid it. The warning was issued by Booz and Company, a global consultancy firm. It highlighted that the massive Read more
Vladimir Putin said that the Russian Direct Investment Fund (RDIF) and the Mubadala Development Company from the United Arab Emirates would join efforts in investing in the Russian infrastructure. Mubadala was established in 2002, and is an active global investor Read more
Metito, United Arab Emirates-based water and waste-water specialist, has announced that it has made progress as part of its expansion project, after securing long-term financing to support expansion plans in Indonesia, Egypt and China. Abu Dhabi-based Gulf Capital, and the Read more
Morgan Stanley Capital International (MSCI) added Qatar and the United Arab Emirates to its list of emerging markets benchmark, as part of a reclassification process that led to a rise in the stock exchange of the two countries. MSCI’s decision Read more
Abu Dhabi’s Department of transport concluded a deal with United Kingdom’s Department for Transport in a bid to facilitate cooperation between them in the field of transportation, with both parties eying future cooperation in areas such as the exchange of Read more
A report published by Economist Intelligence Unit has stated that Dubai is expected to become MENA’s most competitive city by 2025 and 23rd globally. The Hot Spots 2025: Benchmarking the Future Competitiveness of Cities report, commissioned by Citi, claims that Read more
US-style education is the most sought out and most used all over the globe. It is believed to be of a very important status and thus more people seek education in the USA and come to teach at the UAE. Read more
Abu Dhabi in an effort to stimulate business exchanges in the country has organized for the first time an Electronics Shopper exhibition. This event that will last for five days has brought together 35 exhibitors in the Abu Dhabi National Read more