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Abraaj to invest in Palestinian toy companyDubai-based Abraaj Group, a leading private equity firm operating in global growth markets, has announced a prime investment in Anoud Games, a producer of Arabic educational games and toys for children based in Palestine. Abraaj s More… |
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GCC firms 'must invest in renewable energy'Gulf oil producers must pump funds into renewable energy sources and focus on conservation measures to ensure sustainable growth and manage their supply-demand balance, according to a key British business publishing group. The GCC More… |
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Spending 'key to beat global financial crisis'The way out of an economic downturn is to spend and invest but instead what we are seeing at the moment are governments that think we should cut back and introduce austerity, said a leading Harvard professor. "But historically that has nev More… |
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Qatar plans big investment in BulgariaQatar will deposit $200 million at the Bulgarian Central bank as a guarantee it is serious about investing in the Balkan country, said the Prime Minister Sheikh Hamad Bin Jassim al-Thani. 'Today we agreed to deposit $200 million as a p More… |
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Linde Group to invest $380m in Saudi plantGerman Linde Group plans to invest around $380 million into a chemical complex being developed by Sadara Chemical Company, a JV between Saudi Aramco and The Dow Chemical Company, said a senior official. The Linde Group is a world-leading g More… |
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Mars plans $150m Saudi investmentMars GCC, one of the region's leading chocolate manufacturers based in Dubai, has announced plans to invest upto $150 million into its Saudi operations over the next 10 years. As part of its expansion plans, Mars Saudi Arabia has alrea More… |
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Mars plans $150m Saudi investmentMars GCC, one of the region's leading chocolate manufacturers based in Dubai, has announced plans to invest upto $150 million into its Saudi operations over the next 10 years. As part of its expansion plans, Mars Saudi Arabia has alrea More… |
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GCC investing heavily in overseas farmsThe governments in the Gulf region are investing heavily in outside farmland acquisitions and leases besides injecting money into the domestic food production industry, according to an expert ahead of a major agriculture expo. Th More… |
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Asry spends $7m to spur workforceBahrain-based Arab Shipbuilding and Repair Yard Company (Asry) said its strategic policy of investing in the nation's workforce has reached a total spend of BD2.6 million ($7 million) in five years, with more planned. One of Asry's More… |
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GE plans to invest $1bn in cancer researchGE Healthcare said it plans to dedicate $1 billion of its total research and development (R&D) budget over the next five years to expand its advanced cancer diagnostic and molecular imaging capabilities. The GE's health business po More… |
