IHC Food Holding acquires controlling stakes in Abu Dhabi Vegetable Oil Company

IHC Food Holding, a subsidiary of International Holding Company (IHC), has acquired 75 per cent of Abu Dhabi Vegetable Oil Company (ADVOC), IHC has announced, Zawya reports. The conglomerate did not provide details on the operation but indicated that the Read more

FBI accuses Russian hackers for planting fake information on Qatar News Agency

US officials have expressed Russia’s potential involvement in the ‘hacking’ of Qatar’s state national news agency QNA late last month after Doha blamed hackers for planting fake news attributed to Sheikh Tamim bin Hamad al-Thani, which sparked diplomatic dispute between Read more

IDB Injects $1.96 Bln In Development Projects in Islamic Countries

The Islamic Development bank (IDB) has agreed to inject $1.96 billion in socioeconomic and development projects to be carried out in several Islamic countries. Financing agreements were signed between the bank and the beneficiary countries during the 37th annual meeting Read more