The Sharjah Research, Technology and Innovation Park unveiled the first model of an electric car that uses solar energy “Lightier 0”, which arrived at the complex to set off to the region from Sharjah, where the Sharjah Innovation Park is scheduled to host the first test and sales center for …
Read More »Oman and Zanzibar seek to boost trade exchange and link exports to African markets
Muscat Media In: The Sultanate of Oman and Zanzibar signed a number of memoranda of understanding and economic and trade agreements aimed at promoting trade exchange and linking exports to African markets. The agreements were signed within the framework of the visit of the President of Zanzibar, Dr. Hussain Ali …
Read More »Oman: 4,337 new investors in the Sultanate since the beginning of the year
Muscat Media In: The Muscat Stock Exchange has attracted 4,337 new investors since the beginning of this year. According to the statistics issued by the Muscat Clearing Company, the IPOs of Omani investment companies are of great interest by local and foreign investors due to their large size and the …
Read More »ADNOC awards contracts worth 21.8 billion dirhams in 2022 to increase production capacity
The Abu Dhabi National Oil Company (ADNOC) announced today the award of a contract worth 3.6 billion dirhams ($980 million), through ADNOC Offshore Company, to ADNOC Drilling, to lease two drilling rigs, an operating team and equipment necessary to complete drilling operations. This contract supports ADNOC’s goal of increasing production …
Read More »Working hours are unified in service provider centers in Dubai, except for Hatta and Jebel Ali
The Roads and Transport Authority in Dubai has announced the unification of working hours in all service provider centers (technical inspection of vehicles) amounting to 28 centers across the emirate, except for two centers, which are Tasjeel Center (Hatta) and Tasjeel Center (Jebel Ali), with the aim of providing The …
Read More »The UAE Ambassador discusses with the Egyptian Minister of Health and Population strengthening cooperation
Maryam Al Kaabi, the UAE’s ambassador to the Arab Republic of Egypt and the country’s permanent representative to the League of Arab States, received Dr. Khaled Abdel Ghaffar, the Egyptian Minister of Health and Population, and discussed with him a number of files of common interest. The meeting discussed a …
Read More »Dubai Islamic opens 17 new mosques during the third quarter of 2022
The Department of Islamic Affairs and Charitable Activities in Dubai opened 17 new mosques by the end of the third quarter of 2022, where the capacity of the new mosques reached 13,375 worshipers. Mohammed Ali bin Zayed Al Falasi, Executive Director of the Mosques Sector in the Department, said that …
Read More »“LuLu” stores intends to go public in 2023, and it has appointed investment bank “Mollis & Co” to advise
Abu Dhabi-based supermarket chain Lulu Group is planning an initial public offering and has appointed investment bank Mollis & Co. to provide advisory services, two sources familiar with the matter said. Lulu, one of the largest supermarket chains in the Gulf region founded by Indian-born entrepreneur Yusuf Ali, operates 239 …
Read More »The new president of Iraq .. Who is Abdul Latif Rashid?
The Iraqi parliament elected Abdul Latif Rashid as president of the republic by 162 votes, in the second round held by parliament, Thursday, to elect the president of the republic, while his rival, the outgoing president, Barham Salih, obtained 99 votes, while 8 papers were considered null. Abdellatif Rashid is …
Read More »The assets of Islamic banks in the UAE exceed 600 billion dirhams
The assets of Islamic banks operating in the country rose to 603.7 billion dirhams at the end of last July, according to the latest statistics of the Central Bank. Central Bank statistics showed that the assets of Islamic banks increased during the first seven months of this year by about …
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