QatarEnergy enters maritime exploration in Mauritania with Shell deal
Qatar’s state-owned energy giant QatarEnergy announced on Sunday that it has entered into an agreement with Shell…
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Swiss UBS plans to cut up 20-30% of its workforce
Switzerland’s UBS Group AG, which recently acquired Credit Suisse, plans to reduce its workforce by 20-30 percent,…
IsDB approves $345mln fund for Egypt’s electric train project
Jeddah-based Islamic Development Bank (IsDB) has approved $344.5 million fund on Saturday to finance Phase I of…
Egypt’s NBE, Banque Misr issue new 19%, 22% CDs over 3 years
Egypt's two biggest state lender, the National Bank of Egypt and Banque Misr have launched on Sunday two…
Planet Labs to acquire Slovenian startup Sinergise
Planet Labs PBC, a global satellite imagery and geospatial solutions corporation said on Wednesday that it has…
Kyrgyzstan to buy electricity from Russia
Kyrgyzstan government is set to reach an agreement with Russia to import 875 million kilowatt/hours of power in…
U.S. Electronic Arts to wave 6% of its workforce
U.S. Video game company, Electronic Arts (EA) announced on Monday that it will be laying off about 800 jobs or 6…
Ukraine’s grain exports reach 5.1mln tons in March – ministry
Ukrainian Agriculture Ministry showed on Wednesday that the grain exports have reached 5.1 million tons so far in…
Malaysia wants palm oil hubs in Egypt, Saudi Arabia
Fadillah Yusof, Malaysian Deputy Prime Minister said that the state plans to expand palm oil exports into Middle…
China eagers to work with Russian military on various aspects – ministry
Chinese Defence Ministry announced on Thursday that it is ready to work with the Russian military to strengthen…