Regional News
Saudi economy to grow 3pc during 2021-24
Saudi Arabia's economy is expected to grow at an average rate of around 3 per cent during 2021-24, nearly double the...
Regional News
Regional News
Saudi Ports, Salic to develop grain terminal jointly
Saudi Ports Authority (Mawani) said it has signed an agreement with the Saudi Agricultural and Livestock Investment Company to...
Regional News
Middle East petchem firms hope for rebound
The Middle East is a key producer and supplier of polyolefins to demand-rich markets, specifically Asia. The region’s...
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Regional News
Saudi flour mills privatisation yields $740m
Saudi Arabia has sold two flour mills for a total consideration of SR2.777 billion ($740.38 million) under the first phase of...
Regional News
Generic medicine policy can save $2.6bn annually
The implementation of a generic medicine framework (legislation) in Saudi Arabia can result in an estimated decrease of 35 per...
Regional News
Union Coop opens major warehouse in Dubai
Union Coop, the largest consumer cooperative in the UAE, opened ‘Coop Factory’ – one of the largest commodity...
Regional News
Alba cuts losses to $28m in the first half of 2020
Aluminium Bahrain (Alba), the world’s largest aluminium smelter ex-China, has reported a loss of BD10.6 million ($28.3...
Regional News
Madayn begins work on Ibri Industrial City
Oman's Public Establishment for Industrial Estates (Madayn) has officially begun work on the establishment of the Ibri...
Regional News
Adnoc, ADQ set up JV to fund industrial projects
The Abu Dhabi National Oil Company (Adnoc) said it has signed a joint venture agreement with its holding company ADQ to create...
Regional News
New firm to oversee Abu Dhabi’s waterways
Abu Dhabi Ports, an ADQ company, has been assigned as the primary custodian of all of Abu Dhabi’s waterways and marine...