Monday 23 April 2018

Germany, World Bank agree new Mena partnership

The World Bank Group and the Government of Germany have announced new a strategic partnership to work towards a new and updated approach to reconstruction for peacebuilding in the Mena region. The announcement was made during the 2018 Spring Meetings of the World Bank Group and t


American group UL eyes Mideast drone market

American safety science company UL has created a platform designed to help ensure the safety of lithium-ion battery powered unmanned aerial systems, as drone technology is expected to flow into the Middle East and North Africa (Mena) region in the next decade. The UL 3030 Standar


Expat families 83pc of 2nd citizenship applicants in Saudi

Eighty-three per cent of high net worth people applying for a second passport in Saudi Arabia are families, according to Citizenship Invest, a market leader citizenship programmes to obtain a second nationality. The study has shown that there has been a 42 per cent increase in ap


Investcorp sells Dutch division of SPGPrints

Bahrain-based Investcorp, a leading global provider and manager of alternative investments, has sold Veco Precision, a Dutch-based division of SGPrints to Gilde Buy Out Partners and Management. Veco is being carved out of and sold by SPGPrints Group B.V, a leading global provider


PepsiCo partners with Expo 2020 Dubai

Leading global food and beverage company PepsiCo has signed up as the official beverage and snack partner for the Dubai Expo 2020 gala event. The Expo 2020 Dubai organisers said it has joined forces with PepsiCo to jointly work towards a healthier and more sustainable future in t


Canada's Fura Gems sets up base in Dubai

Fura Gems, a gemstone mining and marketing company based in Toronto, Canada, has established its administrative headquarters at Almas Tower in the heart of DMCC (Dubai Multi Commodities Centre). Announcing the launch, Fura Gems said Almas Tower was strategically chosen to benefit


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