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GLOBAL EXPANSION
Qatar's Hassad Food eyes Brazilian sugar, poultry assets
Hassad Food, the agricultural arm of Qatar's sovereign wealth fund, said it was looking at possible purchases of Brazilian sugar and poultry assets as structural problems in those industries in the South American country created opportunities.
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BOEING, FEDEX BACK OPEN AIR PACT
US aviation giants split on GCC carrier subsidy row
A push by three US airlines to curb competition from GCC carriers has exposed divisions over free trade with other powerful players Boeing and FedEx, potentially complicating the campaign for Obama administration support.
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BAHRAIN-KUWAIT LINK
GCC rail network infrastructure to top $15.4bn
The overall cost of the planned infrastructure for GCC railway network linking Kuwait and Bahrain through Dammam in Saudi Arabia, via the planned King Hamad Causeway, is estimated to top $15.4 billion, said a report.
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SPECIAL REPORT
Watch out for nasty global flu surprises, WHO warns
The world remains highly vulnerable to a possible severe flu pandemic and governments should increase surveillance, vigilance and preparedness, the World Health Organization (WHO) has warned.
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SPOTLIGHT
Drilling decline inevitable as oil price remains low
Onshore drilling is set to decline 20 per cent this year, resulting in the smallest annual production growth for six year at just one per cent, according to a report.
Top Trade News
 | Industry Sectors |
UrbaCon completes Qatar island resort work
Qatar-based UrbaCon Trading & Contracting said it has completed the construction of its new luxurious Banana island resort just off the coast of capital Doha.
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Visa inks mobile payment services deal
Visa Inc said it has partnered with several leading financial institutions around the world to make its "wave-and-pay with mobile phones" scheme a reality for consumers globally.
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Opec oil output plunges 350,000 bpd in Feb
The crude oil output from Organisation of the Petroleum Exporting Countries (Opec) has fallen by 350,000 bpd in February, below its target of 30 million bpd, according to a Reuters survey.
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SMEs 'playing major role in global economy'
Small and medium-sized enterprises (SMEs) are the cornerstone of any economy, given their huge contribution to the gross domestic product (GDP) as well as employment generation, said a senior UAE minister.
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Watch out for nasty global flu surprises, WHO warns
The world remains highly vulnerable to a possible severe flu pandemic and governments should increase surveillance, vigilance and preparedness, the World Health Organization (WHO) has warned.
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Mubadala unit inks $120m aerostructure deal
Strata Manufacturing, a wholly-owned unit of the UAE-based Mubadala Development Company, has signed a $120-million outsourcing deal with GSE Industria Aeronautica in Italy.
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US aviation giants split on GCC carrier subsidy row
A push by three US airlines to curb competition from GCC carriers has exposed divisions over free trade with other powerful players Boeing and FedEx, potentially complicating the campaign for Obama administration support.
More…
Cybersecurity remains a top concern in Mideast
Cybercrime has been identified as the second most common form of economic crime in the Middle East, with the region’s cybersecurity market set to grow 84 per cent to hit $9.56 billion in 2019, according to a recent PwC survey.
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Two Porsches to make global debut
German sports car manufacturer Porsche will celebrate the world premiere of two extreme sports cars at the 2015 Geneva International Motor Show, which will be held in Geneva, Switzerland, from March 3 to 15.
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Volkswagen net profit surges 20pc in 2014
German carmaker Volkswagen said the net profit rose 20 per cent last year to €10.8 billion ($12.1 billion), but offered a cautious outlook for this year.
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Bahrain to cut medicine prices by 50pc
Bahrain will slash prices of hundreds of medicines used for treatment of eye, ear, nose and gynaecology by 50 per cent starting from tomorrow (March 1) in line with a GCC decision to unify cost of drugs, said a report.
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2022 World Cup final ‘no later than Dec 18’
The World Cup final in Qatar in 2022 should be played no later than December 18, Fifa president Sepp Blatter said on Friday.
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Online education tools use ‘results in better outcomes’
The opportunities that online education tools provide in terms of student assessment, engagement and education outcomes was discussed at the recently concluded 2015 Global Education Forum in Dubai, UAE.
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Qatar's Hassad Food eyes Brazilian sugar, poultry assets
Hassad Food, the agricultural arm of Qatar's sovereign wealth fund, said it was looking at possible purchases of Brazilian sugar and poultry assets as structural problems in those industries in the South American country created opportunities.
More…
