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Saudi steel demand seen rising 8pc |
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Demand for steel in top oil exporter Saudi Arabia is expected to rise this year by 8 percent with consumption nearing 6.4 million tonnes, Saudi Arabian Basic Industries (Sabic) said on Wednesday.
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Citadel Capital registers strong growth |
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Citadel Capital, a leading private equity firm in the Middle East and Africa, has witnessed strong growth in net asset value, revenues and profits with its net earnings surging to EGP 211.4 million ($38.1 million).
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GCC market 'to play key role in global economy' |
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The trillion-dollar GCC market will be a springboard to help the countries of the region develop as major players in the global economy, Economic Development Board (EDB) chief executive Shaikh Mohammed bin Essa Al Khalifa has said.
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Arabia CSR Network, Hawkamah sign deal |
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The Arabia CSR Network and Hawkamah Institute for Corporate Governance today signed a MoU aimed at enhancing corporate governance and sustainable business practices in the UAE and the GCC region.
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Qatar Traffic, IBQ launch road safety drive |
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Qatar Traffic and Patrols and the International Bank of Qatar (IBQ) have launched the second phase of the Schools without Accidents campaign with a series of new Traffic Week activities aimed at promoting road safety awareness.
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Yemen rebels free 178 soldiers, civilians |
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Yemen Shi'ite rebels have freed 178 captive government soldiers and civilians, Al Arabiya television reported on Wednesday, a day after Sanaa accused them of dragging their heels on implementing a truce deal.
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Egypt eyes private wind farms |
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Egypt is likely to launch the second round of bidding in mid-2011 to choose from 10 firms short-listed to build its first private wind farm, a World Bank energy specialist said on Tuesday.
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Abu Dhabi forum to bolster SMEs |
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UAE’s burgeoning small and medium enterprises could get a boost at an upcoming event in Abu Dhabi that will provide a platform to help develop young entrepreneurs as well as drive innovation in new and established businesses.
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