Egypt’s non-oil private sector dips lower
Non-oil private sector activity in Egypt has dipped modestly in October 2018 and have touched their lowest levels, showed a survey.
According
to the Emirates NBD...
Saudi bankruptcy law lays foundation for Vision 2030
Saudi Arabia’s comprehensive bankruptcy law has gone into effect last month, with economists saying the move will significantly impact long term economic growth in...
Diplomatic ties strengthens between Ethiopia and Eritrea
Diplomatic ties between Ethiopia and Eritrea have resulted in boosting of economic ties between the two former foes.
For the first time in two decades,...
Phosphate exports, a lifeline for the Syrian Regime
Phosphate imports by Greece from Syria could act as a lifeline to Syria. The country currently faces stringent international sanctions and is unable to...
Industrial exports jumps to 6.6% to $1.79 billion
Industrial exports to the United States have touched $1.79 billion in the first five months of 2018, reads a report from Lebanon’s Government.
According to...
Economic deal between Lebanon and Syria vital to their economies
In efforts aimed at making an economic deal with Syria, which could potentially also see an increase in the footprint of Lebanon’s exports, Raed...
Ma’aden looks for potential overseas expansion through acquisitions
Ma’aden, the “largest mine” in the Arabian Gulf, is a “Saudi Arabian Mining Company”, which were looking to grow on an international scale in...
Alibaba inks supply chain agreement with Dubai
In efforts aimed at expanding and strengthening its supply chain, Cainiao, the logistics arm of Chinese multinational e-commerce giant, has chosen Emirates Skycargo to...
Egypt’s courting Australia to upgrade mining industry
Aussies most welcomed. Long-term projects are often initiated behind the scenes, and Egypt would like to go fast on upgrading mining industry. Two days...
U.S. requests OPEC to hike up oil production by “1 million barrels” daily
The government of the United States asked some of the oil producing countries of OPEC including Saudi Arabia to boost their daily production by...