Saturday 28 March 2015
 
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Dow Chemical to sell chlorine assets in $5bn deal

Dow Chemical Company will separate a portion of its century-old chlorine business and sell it to Olin Corp in a tax-efficient deal worth $5 billion as part of efforts to shed low-margin assets. The deal will make smaller rival Oli

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$150m deals signed at women’s congress in Bahrain

Investment worth $150 million have been agreed on at the Femmes Chefs d'Entreprises Mondiales (FCEM) 63rd World Business Women's Congress in Bahrain. Held under the patronage of Her Royal Highness Princess Sabeeka bint Ibr

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Al Kawader signs waste management deal with Italian firm

Al Kawader Distinguished Company that specialises in waste management and recycling, has signed a commercial agency agreement with an Italian company, according to a report. The contract was a result of the visit of the Oman deleg

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IMF to disburse $200m in loan for Jordan

The International Monetary Fund is set to disburse $200 million for Jordan, under a Stand-By Arrangement (SMA) after the organisation’s approval of the sixth review of the countries economic performance, according to a report.

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Egypt, Jordan sign gas sector co-operation deal

Egyptian Natural Gas Holding Company (Egas) and the Jordanian-Egyptian FAJR Company have signed a deal on gas sector co-operation, according to a report. The memorandum of understanding (MoU) was signed to tap into the infrastruct

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Bahrain Polytechnic signs key training deal

Bahrain Polytechnic has signed a memorandum of understanding with the Four Seasons Hotel to provide training for fourth-year students in the field of hotel management. Bahrain Polytechnic acting chief executive Dr Mohammad Ibrahim

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Iran deal may open oil taps in months, not weeks

A possible deal over Iran's nuclear programme that would phase out economic sanctions against Tehran is unlikely to flood world markets with more oil any time soon, despite Iran's declared intention to claw back market share lost because

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Major nations debate ending UN sanctions on Iran

Major world powers have begun talks about a United Nations Security Council resolution to lift UN sanctions on Iran if a nuclear agreement is struck with Tehran, a step that could make it harder for the US Congress to undo a deal, Western offici

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Zain in partnership deal with datamena

Zain Group has announced a new collaboration with datamena, a UAE-based carrier neutral data centre and connectivity platform serving the Middle East and Africa region. datamena is owned by Dubai-based operator du, said a report i

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Aramco nears $10bn loan deal

Saudi Aramco, the kingdom's state oil giant, is close to completing a $10 billion tightly-priced loan, banking sources said on Thursday, part of which could be used to back the purchase of a stake in German synthetic rubber firm Lanxess.

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