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Boeing, Injaz Al-Arab help establish 60 startupsBoeing and Injaz Al-Arab, a non-profit organisation, have revealed that their Start Up programme has supported the establishment of 60 businesses by Arab youth across the Middle East, including 23 in 2016 alone. Nearly 700 student More… |
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AESG establishes new environmental divisionAESG, a UAE-based consultancy firm specialised in solving complex challenges in sustainable urban development, has establised a dedicated 'AESG Environmental' division, following its success in environmental consultancy and the growing More… |
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Suez Canal Authority gains powers to set up joint-stock firmsThe Egyptian government approved legislative amendments on Thursday that would grant the Suez Canal Authority the right to establish joint-stock companies, the cabinet said in a statement. Egypt plans to build a new Suez Canal alo More… |
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New Asia-Bahrain flight links to be establishedDirect flights from Bahrain to five new destinations in Southern and Eastern Asia could soon be established, it has been revealed. Bahrain Airport Company chief executive Mohamed Yousif Al Binfalah told the Gulf Daily News (GD More… |
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Itqan, Mubasher to set up sharia-compliant brokerage firmItqan Capital, a Saudi Arabia-based investment company licensed by the Capital Market Authority (CMA) and a member of Al Baraka Banking Group, and Mubasher Financial Services, a leading financial institution in the Middle East, have signed a dea More… |
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UAE to set up series of 100MW solar power stationsUAE’s Federal Electricity and Water Authority (FEWA) is set to create a series of solar power stations with a capacity of 100 megawatts (MW) at a cost of Dh500 million ($136 million), according to a report. The new project w More… |
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Bahrain to ease foreign investment curbsRestrictions on establishing companies in Bahrain will be waived as the government seeks more foreign investment. The Shura Council has voted in favour of amendments to the companies' law which was proposed More… |
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First Arab IT firm to be establishedLeading Gulf investors have joined hands to set up Trust 300, the first global Arab IT company which will have a major presence in the UAE, Morocco, Egypt, Jordan, India, UK, US, and Philippines. The company established by “By La More… |
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DDE sets up ME’s first diamond boiling unitDubai Diamond Exchange (DDE) said that the first diamond boiling facility in the Middle East has been set up at the Almas Tower in Dubai in a move to address the growing needs of its member base. Boiling is a process used to remove dirt an More… |
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First sea mining firm comes up in TechnoParkTechnoPark, the science and technology facilitator of Economic Zones World, said it has signed a land lease agreement with First Sea Mining Factory to set up its unique recycling facility in Dubai. The First Sea Mining Factory, which uses More… |
