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HuaweiJEDDAH — Work on the Haramain Railway project is expected to start shortly as Saudi authorities will open this month the financial offers made by the four consortia that are bidding for the multibillion riyal contract.
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DUBAI — Brother Gulf, a global leader in the development and manufacturing of printing, communication and digital imaging products for homes, SOHOs and enterprises, has unveiled 11 new inkjet Multifunction Centres (MFCs) — nine for the home and SOHO, and two for the SMB segment — in line with its aims to further strengthen its current range of product offerings for the region.
As 2008 ended on a low amid a global financial crisis, the Free Trade Agreement (FTA) between the Gulf Cooperation Council (GCC) and Singapore formalised in December came as a whiff of fresh air. In the backdrop of the worst economic predicament in eight decades, which continues to surprise the world with varied ramifications, the pact between the powerhouses of sovereign wealth funds underscores at least four important factors.
BAGHDAD — Iraq’s dilapidated transport infrastructure is on the road to recovery after decades of neglect but funding is inadequate and the new transport minister is seeking outside investors.
ABU DHABI - Building of advanced corvettes fitted with cutting edge combat systems is progressing fast at the Abu Dhabi Ship Building (ADSB) at Musaffah in the outskirts of the capital city of Abu Dhabi.
DUBAI - Intersec Trade Fair and Conference 2009, one of the largest biometric products exhibitions in the region to be held in Dubai, will bring together over 700 participants from the safety and security industry.
DUBAI - The Dubai Internet City (DIC) and a high-ranking delegation discussed possibilities for knowledge transfer on DIC’s unique value proposition as a highly successful information and communications technology (ICT) cluster.
DUBAI - Sustainability is a key factor for potential property buyers, reveals a survey conducted by Dubai’s master developer Nakheel.
ABU DHABI - Navayuga Engineering (NEC), one of the leading construction companies headquartered in India, is planning to expand to Dubai and Oman this year, after consolidating its presence in Abu Dhabi.
LONDON - Standard & Poor’s Ratings Services on Wednesday affirmed its ‘BB+/B’ foreign currency and ‘BBB-/A-3’ local currency sovereign credit ratings on the Arab Republic of Egypt. The outlook on the ratings is stable.