Oman to organize first IPO in three years as Barka Desalination Co. plans to float 40 per cent of shares

Oman will stage its first Initial Public Offering (IPO) in three years with Barka Desalination Company (BDC), owner of Oman’s largest operating water desalination plant Barka IWP getting ready to sell 40 per cent of its shares. The 40 per Read more

Qatar’s Table Tennis Association Chief elected to preside over Asian Table Tennis Union

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

Egypt, Japanese giant Toyota to explore blue ammonia production

The Egyptian Ministry of Petroleum signed a memorandum of understanding with Japan’s Toyota Tsusho to assess the opportunities for producing blue ammonia in Egypt, Arab News reports citing Asharq. The ministry in the statement said economic facilities studies and the Read more

Japan’s international cooperation Agency backs Turkish SMEs with $300m

Japan International Cooperation Agency (JICA) will provide Turkey’s small enterprises financial support valued at $300 million to muddle through the pandemic, Daily Sabah reports. The financial pledge was born Wednesday from a cooperation agreement with Turkey’s Small and Medium Industry Read more