Category Archives: Business

Boost for Palestine business initiatives

The EBRD will help open up new opportunities within the illegally Occupied Territories of Palestine

The European Bank for Reconstruction and Development (EBRD) is launching its first technical cooperation project in the West Bank and Gaza  to support the resilience of the Palestinian financial system and reinforce its ability to finance the local economy. The … Continue reading

Category: Business

UAE: FNC demands more jobs for nationals

Dubai Metro transports thousands of the city's workforce to and from their jobs daily but how many Emiratis want to join their ranks?

Members of the UAE’s Federal National Council (FNC) will press the government to expand its Emiratisation drive, after the recent announcement of  a new 10-year visa policy for expatriates. According to reports in the local media, members sought reassurances there … Continue reading

Category: Business

EBRD: Helping Egypt Go Green


Egypt pollution Continue reading

Category: Business

Saudi slump threatens pace of reform


A slump in Saudi Arabia’s economy could cast a shadow over ambitious plans for reform top officials and businessmen were warned at a recent meeting to discuss freeing the kingdom from its dependence on oil exports. At a conference attended by … Continue reading

Category: Business

EBRD launches its’ promised Palestine initiative

EBRD's initiative is a step in the right direction

Delivering on its commitment to boost Palestinian businesses, the European Bank for Reconstruction and Development, EBRD, signed its inaugural project in the West Bank during the first visit by President Suma Chakrabarti to Ramallah. As one London based financier commented to The … Continue reading

Category: Business

Oman bans ex-pat workers from 10 economic sectors

The move is intended to encourage to seek out Omani workers rather than turning immediately to the expatriate workforce

In a bid to get more Omanis into the Labour Force Oman’s Ministry of Manpower has taken the unusual step of banning the recruitment of foreign workers in 10 sectors for six months. The drive is intended to encourage the … Continue reading

Category: Business Tagged

Apple & Amazon poised to enter Saudi market


Apple and Amazon are in licensing discussions with Riyadh on investing in Saudi Arabia, according to reports from Reuters quoted in the local media. The move is said to be part of Crown Prince Mohammed bin Salman’s push to give … Continue reading

Category: Business

Tunisia: €160 million cash boost for domestic rail network

Tunisia railways 2

Tunisian railways sees international investment Continue reading

Category: Business, Uncategorized

Egypt’s Zohr gas field comes onstream

east med Zohr ENI_TEKMOR

the start of pumping natural gas from the Zohr gas field in the Mediterranean Sea to the new land station in the al-Jameel area in Port Said. Continue reading

Category: Business

EGYPT: flaring reform moves forward


Egypt has announced  that it will be a signatory to the “Zero Routine Flaring by 2030” initiative, a global effort to reduce gas flaring at oil production sites.  The “Zero Routine Flaring by 2030” initiative, introduced by the World Bank … Continue reading

Category: Business