Tuesday 1 September 2015
 
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Economic zone

Sisi orders economic zone around Suez Canal

President Abdel Fattah Al-Sisi issued a decree establishing an economic zone for Egypt's Suez Canal, the country's state news agency said. Egypt inaugurated a major extension of the Suez Canal last week which President Sis

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Bahrain traders demand special status for souq

Traders in Bahrain’s Manama souq have demanded the area be treated as a special economic zone to help it regain its glory as well as gain exemption from municipal taxes and reduce utility charges, said a top official. "

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GFH to establish economic zone in Syria

Bahrain-based Gulf Finance House (GFH) has signed a memorandum of understanding to develop an economic zone, power projects and phosphate mines in Syria. GFH signed the MoU with the Syrian Investment Authority (SIA), on 

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Dubai World in $800m Senegal economic zone deal

Dubai World Group's Jafza subsidiary signed an $800 million deal on Monday to build and run a special economic zone in Senegal. This is the latest in a series of Arab investments in the West African country. Dubai World chairman Su

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GFH to develop $10bn India zone

Bahraini Islamic investment bank Gulf Finance House said on Friday it had signed a deal to develop a $10 billion economic development zone near Mumbai to tap booming sectors such as energy and telecommunications. The zone, located in an a

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