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MENA News
Suzuki halts Hungary plant for 1 week over Red Sea attacks
Suzuki Motor said on Monday it will halt production of its Vitara and S-CROSS in Hungary for a week amid Red Sea…
Africa’s largest oil refinery begins production in Nigeria
Africa’s biggest oil refinery had begun production in Nigeria, ending the long wait for planet according to…
Qatar Energy pauses LNG Red Sea shipping amid attacks
QatarEnergy, world's second largest exporter of liquefied natural gas (LNG), paused Red Sea, a senior source…
Turkey skips Davos over Forum’s organiser’s stance towards Gaza war
The Turkish officials will not attend this year’s World Economic Forum in Davos, following the directives of…
Egypt’s TE, Oman’s ZOI to build digital corridor
Telecom Egypt, the first integrated telecommunications operator in Egypt and one of the largest subsea cable…
S. Arabia’s inflation drops to 1.5% in December
Consumer Price Index (CPI) showed that the country’s annual inflation rate slightly declined by 1.5 per cent.
QNB reports 8% profit rise
Qatar National Bank (QNB), the largest bank in the Gulf by assets, announced on Thursday an 8 per cent increase in…
BOROUGE, NAFFCO sign AED160 mln supply contract
Borouge Plc, a top global petrochemical firm, declared on Thursday the signing of an AED160 million deal with…
FAB launches 1st global Sukuk in ‘24
First Abu Dhabi Bank (FAB) issued on Thursday a five-year Sukuk worth $800 million at a rate of U.S. Treasury +85…
UAE’s ADNOC Drilling, Alpha Dhabi announce global alliance
ADNOC Drilling Company and Alpha Dhabi Holding declared on Tuesday the establishment of their strategic investment…