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LNG EXPANSION, NDS3 HELP
Prudent policies to lift Qatar economic growth: IMF
Prudent macroeconomic and financial sector policies will further strengthen Qatar’s resilience with average growth expected to be lifted to around 4.5 per cent in the medium term, an IMF report said.
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LEADERS CALL FOR GAZA TRUCE
Arab Summit's success highlights Bahrain’s vital pan-Arab role
The success of the 33rd Arab Summit affirms Bahrain’s high standing and its important pan-Arab role under the leadership of His Majesty King Hamad, said a report.
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PATHWAY TO NET-ZERO EMISSION
Energy transition minerals market to hit $770bn by 2040: IEA
The combined market size of energy transition minerals such as lithium, copper, nickel, cobalt and graphite is set to grow to a whopping $770 billion by 2040 in a pathway to net zero emissions by mid-century, according to International Energy Agency.
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INSIGHT
Digital solutions to Middle East's agri businesses
FarmERP, a leader in providing sustainable farming technology solutions, aims to help Middle Eastern agribusinesses improve food security, food safety, and productivity. Here's an interview with Sanjay Borkar, Co-Founder and CEO of FarmERP.
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ANALYSIS
UAE construction sector riding high on $590bn project pipeline
Despite global challenges such as inflation and geopolitical tensions, the total pipeline value of unawarded construction projects in Mena region is set to hit $3.9 trillion with UAE holding a 15% share worth $590 billion, according to an industry expert.
Top Trade News
 | Industry Sectors |
Adrak seals partnership deal for 300-unit Oman luxury project
Oman-based Adrak Developers has signed a partnership agreement with the Ministry of Housing & Urban Planning for the development of Neighborhood 12 D, featuring 300 high-end residences spread across a 56,166 sq m area within the Sultan Haitham City.
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stc pay, Mastercard launch Bahrain's first world prepaid card
Bahrain mobile wallet stc pay has partnered with Mastercard to launch its prepaid card in the kingdom that will provide a range of premium facilities to its subscribers. They will be able to use the new card at a number of business outlets worldwide.
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Acwa Power gets commercial operation certificate for 300MW solar project
Acwa Power, a leading Saudi developer of power and desalination projects, has announced that the project company for the Shuaa Energy 3 plant in Dubai has obtained the commercial operation certificate for a key phase of the facility.
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Prudent policies to lift Qatar economic growth: IMF
Prudent macroeconomic and financial sector policies will further strengthen Qatar’s resilience with average growth expected to be lifted to around 4.5 per cent in the medium term, an IMF report said.
More…
UAE construction sector riding high on $590bn project pipeline
Despite global challenges such as inflation and geopolitical tensions, the total pipeline value of unawarded construction projects in Mena region is set to hit $3.9 trillion with UAE holding a 15% share worth $590 billion, according to an industry expert.
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L&T Valves opens new manufacturing plant in Saudi Arabia
India's construction conglomerate Larsen & Toubro has announced that one of its key units, L&T Valves, has set up its new manufacturing facility in Saudi Arabia. It is also authorised to use API 600, 593 and 6D monograms of American Petroleum Institute.
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Saudi aviation sector adds $21bn to country's GDP, says report
The Saudi aviation contributes nearly $21 billion through industry-related activities, enabling an estimated $32.2 billion in tourism economic activity, said a report, adding the sector supports 241,000 jobs and around 717,000 jobs in tourism industry.
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Thuraya unveils next generation IP NEO terminal
Thuraya Telecommunications Company, the mobile satellite services subsidiary of Al Yah Satellite Communications Company (Yahsat), has unveiled IP NEO, the first in a new family of next-generation satellite communications products.
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SEVEN, Qiddiya merge to set up Saudi lifestyle, leisure giant
Saudi Entertainment Ventures (SEVEN), a subsidiary of the country's sovereign wealth fund PIF, has announced its merger with Qiddiya Investment Company (QIC) in a move that will see the establishment of a lifestyle and entertainment giant in the kingdom.
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DP World, Einride deploy electric, autonomous freight mobility
DP World has formed a partnership with freight mobility company Einride to electrify inter-terminal container flows at Jebel Ali Port, improving efficiency and sustainability at the 10th busiest port in the world.
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King Hamad American Mission Hospital adopts new disinfection technology
In a groundbreaking step towards elevating the standards of healthcare and infection control in Bahrain, the King Hamad American Mission Hospital has announced the launch of the latest advanced technology in continuous disinfection for operation rooms.
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Iranian president's helicopter involved in crash, says report
A helicopter carrying Iranian President Ebrahim Raisi crashed on Sunday in East Azerbaijan Province and his condition is currently unknown, said local media reports. The aircraft was also carrying Foreign Minister Hossein Amir Abdollahian, it added.
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Asry to launch new employee-led development initiative
Bahrain-based Arab Shipbuilding and Repair Yard Company (ASRY) is set to launch an internal employee-led development initiative. Itqan will encompass several innovation-focused projects based on a strategy of open communication and exchange of ideas.
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Beyon Solutions to acquire top software solutions provider
Beyon Solutions, part of the Beyon Group, has entered into an agreement to acquire a controlling stake in Link Development, a top regional provider of software solutions for digital transformation, with operations in Egypt, Saudi and the UAE.
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