A leading international relations expert has denounced activists in America seeking to destabilise Bahrain and the Gulf region. He issued a warning yesterday (February 10) over fundraising by Bahraini agitators abroad, amid concerns the money
Oman plans to borrow between $5 billion and $10 billion from abroad to help finance a budget deficit caused by low oil prices, central bank executive president Hamood Sangour al-Zadjali told Al Arabiya television on Monday.
The Egyptian government has sealed four financing contracts worth E£3 billion ($381 million) to help fund the construction of a million housing units across the country, said a report.
The housing development, which is one o
The World Bank has approved loans worth $500 million for the development of infrastructure for the industrial zones in the Upper Egypt governorates of Qena and Sohag, said a report.
Qena and sohag are two of the poorest governorates in
Dubai’s Road and Transport Authority (RTA) is seeking more than $2 billion to finance a 15-km extension of its above-ground metro train line to the World Expo 2020 site, said a report.
The company is in talks with banks and
Iran has secured €87-million ($95 million) finance from Islamic Development Bank (IDB) for the construction of Sarney dam near the city of Minab in the southern province of Hormozgan,said a report.
The funding will be used fo
National Central Cooling Company (Tabreed) said it has completed the signing of a Dh193-million ($53 million) long-term limited recourse project finance facility with Emirates NBD for its upcoming district cooling plant in Dubai, UAE.
Saudi Arabia will need around three million new housing units by 2025 to keep up with the rapid population growth which is expected to hit 37 million over the next 10 years, said a report.
The housing ministry has 95 projects unde
National Central Cooling Company (Tabreed) said it has completed the signing of a Dh193 million ($53 million) long-term limited recourse project finance facility with Emirates NBD for its upcoming district cooling plant in Dubai, UAE.
Egypt has secured a first tranche of financing for an €8 billion ($8.5 billion) plan for power plants to be built by Germany's Siemens, the company and electricity ministry said.
The deal, which calls for three combined-c