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Dar Al Arkan, one of the leading real estate developers in Saudi Arabia, has entered the Chinese market as it opens an office in capital Beijing, reports say. The office, according to the firm, will help serve multiple functions to Read more
The Kuwaiti Sovereign Fund also known as the Kuwait Investment Authority (KIA), has remained world’s third largest sovereign funds with assets on the increase, about $45 billion, reports say. The new ranking by The International Institute for Global Sovereign Funds Read more
Chinese tech giant Huawei will launch during the second half (H2) of 2022 an electric car model in Egypt, supplied with Huawei’s operating system, Ahmed Abdel-Aal, Vice President of Huawei Egypt has revealed to Al Mal News, Arab Finance reports. Read more
Bahrain’s Economic Development Board (EDB) launched invest.bh; an investment platform that allows investors to access investment opportunities in the Kingdom’s strategic projects, Trade Arabia reports. The platform enables, the board said in the statement, investors to explore current investable and Read more
Saudi Arabia will initiate discussions with China for the development of the hydrogen as the Gulf country envisagesto reach net zero by 2060. The cabinet, Arab New notes citing state-run news agency SPA, has delegated the Kingdom’s Energy minister to Read more
World’s leading textile companies are migrating from traditional Asian manufacturers for closer markets including Morocco also exhibiting favorable conditions, reports say. Several brands from the European Union, UK and the U.S have been establishing deals with Moroccan companies in the Read more
Nuclear talks between the Islamic Republic of Iran and the world powers will resume on Nov. 29, Teheran and the European Union (EU) have announced. “The Joint Commission of the Joint Comprehensive Plan of Action (JCPOA) will convene in a Read more
An undisclosed Chinese company will launch in the Iraqi Kurdish capital Erbil a $5-billion tourism project expected to create over 8,000 job opportunities, a local official has told media, Zawya reports. Director of Erbil Board of Investment Saman Arab told Read more
Emirates Tim Clark has revealed Emirates has no plans to set up a domestic airline in India as New Delhi move to privatize national carrier Air India (AI). The Indian government has allowed 49 percent Foreign Direct Investment in Indian Read more
Khalil Al-Mohannadi, President of the Qatar Table Tennis Association, will head the Asian Table Tennis Union (following his unopposed election Sunday in Doha). Al-Mohannadi becomes the sixth President of the Asian Table Tennis Union (ATTU). He follows Japan’s Rizo Kawakami Read more