First Gulf Bank (FGB) will expand into three or four new foreign markets including China and South Korea in 2014, seeking to push the percentage of its profit contributed by international operations into double digits, said its chief executive.
Dubai builder Arabtec on Monday said that it has entered into a joint venture with South Korea's GS Engineering & Construction to pursue heavy infrastructure and construction projects in the Mena region.
Arabtec, which is
Uncertainty over the future of the coal industry, rising global energy demands and climate change measures will be high on the agenda at the 22nd World Energy Congress, taking place this October in South Korea.
Bahrain and South Korea have agreed to set up a supervisory body to monitor bilateral co-operation, a report said.
This came as HRH Prime Minister Prince Khalifa bin Salman Al Khalifa and his South Korean counterpart Chung Hong-wo
Yemen has demanded that South Korea pay global market prices for its liquefied natural gas (LNG) before the end of this year, the Yemeni state news agency reported late on Wednesday.
Yemeni Prime Minister Mohamed Salem Basindwa to
Boeing's bid in the 8.3 trillion won ($7.4 billion) tender to supply South Korea with 60 fighter aircraft was the only one below the price ceiling set by the country's arms procurement agency, sources close to the process said on Monday.
Saudi Arabia imported 982,000 vehicles in 2012, as against 737,000 in the preceding year, marking an increase of 33 per cent, a report said.
The value of vehicle imports in 2012 reached SR76.6 billion ($20.4 billion), reflecting a
About 200 top leaders from the energy sector will will debate some of the most urgent energy challenges facing the world at the upcoming 22nd World Energy Congress in Daegu, South Korea.
Speakers from across 56 countries, in
South Korea said on Thursday it will reopen competition for its 8.3 trillion won ($7.43 billion) purchase of 60 next generation fighter jets which had been suspended due to the high prices of bids received.
"We have decided a
South Korea's imports of crude from Iran fell 7 per cent in June, against the daily average for the previous six months, less than half the rate Seoul has pledged it will cut oil shipments from the sanctions-hit country over the next six mon