A flurry of foreign licences for Saudi Arabia's stock exchange could be awarded in the coming weeks after the first investors have been allowed direct entry to the $564 billion market, the bourse's chief executive said.
Saudi Arabia will clear new carriers for takeoff in September, the kingdom's aviation authority said on Wednesday, granting airline licences for the right to operate both local and international flights.
Khalid Al-Khaibary, the spokesm
Abu Dhabi has not halted the issuance of new hotel licences in the capital of the United Arab Emirates but will be selective in the number it issues, a tourism official said on Sunday.
'We have not completely stopped issuing licences.&
UK-based Synchronica, a global provider of nextgen mobile messaging solutions, has received its third expansion order in seven months from mobile operators from the Middle East.
The latest order for additional mobile gateway user licences,
Dubai's Department of Economic Development (DED) recorded a 17 per cent growth in the number of licences issued in 2010, compared to 2009, with 13,817 licences issued in all.
The professional sector accounted for most number of licence
Egypt's government will launch a tender on Wednesday for licences to produce three million tonnes of steel, requiring investments worth EGP3.2 billion ($561.9 million), newspapers reported on Saturday.
The month-long tender by the Indu
The Dubai Department of Economic Development (DED) said it has issued a total of 4,101 licences for several types of businesses during the second quarter, registering a 42 per cent increase compared to the same period last year.
Egypt will offer 12 new cement production licences as it aims to boost cement output by 40 percent to 80 million tonnes by 2015, the cabinet said on Monday.
"Demand is increasing by 8 percent a year," Cabinet spokesman Magdy Rady said. "It
The Dubai Department of Economic Development (DED) issued 1,369 licences for various types of businesses in Dubai in May this year, a 63 per cent increase compared to the same month in 2009.
Most of the licences were issued in the commerci
Egypt is set to reissue production licences to two cement firms that had their permits scrapped, in a move that could help meet demand in a buoyant construction sector which has defied a regional downturn.
El Wadi Cement and North Sinai Ce