Serbia has unveiled plans to redevelop the Belgrade waterfront, aiming to make the capital a tourism and business hub, in a controversial 3 billion euro ($4.08 billion) scheme that will be funded by cash from Gulf investors.
WTS Energy, a leading manpower supply company to the oil, gas and energy industry, has opened offices in Belgrade (Serbia) and Maputo and Pemba (Mozambique).
With their expanded network, WTS Energy will be able
Serbia has signed an agreement for a $1 billion loan from Abu Dhabi, the emirate's Department of Finance said on Thursday, boosting the Balkan country's drive to find investors from outside the euro zone.
Serbian Finance M
The desert states of the Gulf are changing tack in their multi-billion dollar search for food security.
With their farming projects in some of the poorest African nations sometimes arousing local hostility, wealthy Arab investors
International exhibitors have increased by 26 per cent at the 33rd edition of Gitex Technology Week, as compared to last year.
A total of 61 countries are present, including new countries like Belarus, Brazil, Finland, Kenya, Lith
Serbia's Deputy Prime Minister Aleksandar Vucic plans to travel to the UAE next week to negotiate terms of a 2-3 billion euro ($2.7-4 billion) loan seen as crucial to the country's financial stability.
A top Serbian official said on Thursday he had asked the United Arab Emirates for a low-interest, long-term loan to repay some of the country's debts and invest in its ailing economy.
Serbia's economy is expected to grow a
Dubai-based Global Capital Advisers Management (GCAM) has inked a deal with Government of Serbia to set up a joint venture fund with $15 million capital to identify and develop Serbian infrastructure projects for
The UAE's Etihad Airways is nearing an agreement over an equity investment in loss-making Serbian flag carrier JAT Airways, the Belgrade-based Blic newspaper has reported.
Serbia is aiming to offload loss-making state firms, i
Etihad Airways said on Monday it had signed an initial agreement with the Serbian government over a possible equity investment in the country's loss-making JAT Airways.
No value for the deal nor how much of a stake Etihad woul