Monday 20 February 2017
 
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Zain Saudi Q4 net profit surges 7pc to $303m

Zain Saudi Arabia, a leading telecommunications provider in the kingdom, has registered a gross profit of SR1.14 billion ($303 million) in the fourth quarter, up 7 per cent over SR1.06 billion ($282 million) for the same period in 2015.

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Oman plans one-stop-shop for mining licence

Oman’s Public Authority for Mining (PAM) is planning to set up a one-stop-shop facility for investors applying for a mining licence, said a report. The proposed facility will become a part of the new mining law, and is expec

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Port Services Corp licence for Muscat port extended

Port Services Corporation (PSC) has agreed the terms of a deal with the government to continue the operation and management of Port Sultan Qaboos in Muscat for an additional year beyond the expiry of the current licence on December 31, said a re

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Saudi Arabia to award cargo operator’s licence

Saudi Arabia's General Authority of Civil Aviation (GACA) is set to issue a request for proposal (RFP) in February to award the second cargo operator’s licence at King Khalid International Airport in Riyadh, said a report.

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Egypt approves revised terms for 4G licences

Egypt's telecoms regulator has approved revised terms for 4G mobile broadband network licences, and said it will send them out to operators on Sunday. The government offered four 4G telecom licences in June, to Telecom Egypt a

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Telecom Egypt board tentatively agrees to buy 4G licence

Telecom Egypt (TE), the state-owned landline monopoly, said on Sunday its board had tentatively approved plans to buy a fourth-generation mobile licence and a company official said it would offer the services within a year of obtaining frequenci

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US multinational 3m gets Saudi trading licence

US-based multinational company 3M, a leader in developing innovative solutions, has been granted a trading licence by the Saudi Arabian government. With this approval, the global, science-based company has become one of only three

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US multinational 3m gets Saudi trading licence

US-based multinational company 3M, a leader in developing innovative solutions, has been granted a trading licence by the Saudi Arabian government. With this approval, the global, science-based company has become one of only three

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Al Farwaniya gets Abu Dhabi developer's licence

Al Farwaniya Property Development, a joint venture between Kuwaiti developers National Real Estate Company (NREC) and United Projects for Aviation Services Company (UPAC), has received its developer licence from the Abu Dhabi Department of Munic

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Saudi Arabia bans Iran's Mahan Air over safety

Saudi Arabia has suspended licenses granted to Iran's Mahan Air to fly through its air space or land at its airports due to violations of local safety rules, the General Authority of Civil Aviation (Gaca) said on Monday. Aviat

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