Dubai's ship building unit Drydocks World and Maritime World, a renowned provider of maritime and offshore services to the shipping, oil, gas and energy sectors, has signed a deal with Poland-based MARS Closed-End Investment Fund.
Trade between Poland and the UAE has increased more than 13 per cent, from $400 million in 2011 to $453 million in 2012, the Polish Information and Foreign Investment Agency (PAlilZ) said ahead of a major investment congress in Dubai.
Saudi-based United Farmers Holding Company (UFHC) is set to buy out Continental Farmers Group (CFG), a top European agricultural producer in a deal valued at SR350 million ($93.3 million), said the company's founding shareholder Almarai.
Poland will seek a discount for future liquefied natural gas (LNG) supplies from Qatar to reflect a drop in prices since the countries signed a deal in 2009, said the country's treasury minister.
Poland, which is looking to ea
Polish Prime Minister Donald Tusk and his high-level delegation visited Saudi Basic Industries Corporation (Sabic) yesterday to discuss the possibilities of establishing extended collaboration in various areas of mutual interest.
A Polish court agreed on Wednesday to extradite a suspected Israeli spy to Germany in connection with the killing of a Hamas leader in Dubai.
Polish authorities detained a man using the name Uri Brodsky at the Warsaw airport a month ago af
A student team from the University of Wollongong in Dubai (UOWD), a private university with Australian heritage, will represent the UAE in the finals of a Microsoft’s skills contest for student programmers.
The Microsoft Imagine Cup 2010,
Poland said Qatar was considering to buy the country's two troubled shipyards after an investor linked to Qatari investment bank QInvest failed to complete the politically sensitive acquisition.
Poland's Treasury Ministry had announced ear
Poland said on Tuesday it had failed to receive payment for two loss-making shipyards by a midnight Monday deadline, potentially scuppering their sale.
In July, Poland agreed to sell the Szczecin and Gdynia shipyards to an investor backed
QInvest, Qatar's largest investment bank, wants to delay payment for Baltic shipyards in Gdynia and Szczecin after reports of illegal activities there, Poland's Treasury Ministry spokesman said.
Maciej Wewior said Poland agreed with the re