Huawei likely to receive planning permission to build $494.24 mln facility in UK
Chinese telecoms equipment maker Huawei Technologies Ltd is expected to receive planning permission this week to…
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facility
Italian Eni in talks to build Egypt’s Damietta LNG facility – CEO
Italy’s oil giant Eni is negotiating to build a Liquefied Natural Gas (LNG) facility in the Egyptian Nile Delta…
Eni in talks to open LNG unit in Egypt’s Damietta
Eni is in talks with partner Naturgy over re-opening of their facility for liquefying natural gas in Damietta,…
Egypt’s Orascom starts output at US Texas Natgasoline plant
Egypt's Orascom Construction Company on Wednesday announced beginning the commercial production at its largest…
Egypt, UK firms to launch catheter production facility at $4mn investment
A new medical joint venture between an Egyptian and a British companies to launch a state-of the-art-facility to…
Iran building long-range rocket factory in Syria: Israeli TV
An Israeli television report said on Tuesday that Iran is building a facility in northwest Syria to manufacture…
Syria’s forces restore water-pumping station in Aleppo: monitor
Russian-backed Syrian government forces on Tuesday retook from the Islamic State (ISIS) militant group a pumping…
Google aims to tackle Black Friday crush
Black Friday bargain hunters are being courted by Google, which wants them to try out its latest search facility.…
Saudi-based Apicorp arranges $100m Islamic financing for Egypt’s EGPC
Saudi Arabia-based Arab Petroleum Investments Corp (APICORP) has arranged a three-year $100 million murabaha…
Japanese police raid house of knife attack suspect
Japanese police on Wednesday raided the house of a 26-year-old man suspected of stabbing to death 19 people and…
Airbnb gets $1 billion debt facility to fund expansion
Apartment-sharing startup Airbnb Inc has secured a $1 billion debt facility from some big U.S. banks to aid its new…
Three dead, dozens injured in blast at chemical plant in Mexico
A massive explosion rocked a major petrochemical facility of Mexican national oil company Pemex in the Gulf state…
Afreximbank pledges $1.7 billion facility to Egypt in H1
The African Export-Import Bank (Afreximbank) is to secure around $1.7 billion facility to Egypt in the first half…
Egypt’s National Bank approves lending food maker Edita $12.7mn
The National Bank of Egypt has approved to provide a credit facility worth 100 million Egyptian pounds (US$12.7…
Intel may invest up to $5.5 billion in China facility
Intel Corp said it may invest up to $5.5 billion in the coming years to expand its manufacturing capacity for…
ARECO, Z-One open PV module facility in Egypt, plan 100 MW project
The Arab Renewable Energy Company Organization (ARECO) and Z-One Holding FZCO have announced joint solar plans in…
OCS Launches its First Business in Middle East
Britain's largest family-owned international facilities services company OCS Group Ltd has launched its first…
Arabtec Wins Contracts in UAE and Qatar
Arabtec Holding said one of its units won contracts valued at Dh504 million in the UAE and Qatar. Target…
Stronger Demand for Warehouses and Logistics in UAE
There is strong demand for high-quality warehouses and logistics facilities in the UAE and occupiers are seeking…
Cyber Attack Hits Iran’s Oil Network
Iran was investigating a suspected cyber attack on its main oil export terminal and on the Oil Ministry itself,…
Aldar Signs Revolving Credit Facility of Dh4b with NBAD
Aldar Properties, Abu Dhabi's largest property developer by market capitalization, said Tuesday it had signed a Dh4…
Zain Nears Financial Deal of SR 9.75bln
Indebted telecoms operator Zain Saudi said it was finalizing the refinancing of a SR9.75 billion facility due in…
Real Estate Loaning Decreases With 70% On Weak Projects
Abd El Megied Mohiey – Vice President of Egyptian Arab Land Bank- stated that the volume of loans and facilities…
Urban communities withdraws 850,000 in New Cairo form SODIC
Eng Maher Maksoud –Chief Executive Officer of the 6th of October Development and Investment company "SODIC"-…
Chamber of commerce offers low-interest loans to small traders
Giza Chamber of Commerce decided in cooperation with the Social Development Fund to grant low-interest loans to…