The head of Egypt’s Suez Canal Authority says the canal received record high revenues of more than $620 million dollars during April. Analysts say that’s partly due to Persian Gulf countries sending more oil and gas to Europe, as the Russia-Ukraine con…
Petroleum Minister Tareq el Molla has unveiled a number of projects meant to upgrade the efficiency of the national gas grid as production from the Eastern Mediterranean fields continue to take an upturn.Molla, in statements Monday, put the value of in…
Abu Dhabi, The UAE Central Bank of the UAE (CBUAE) has announced that the new AED5 and AED10 banknotes have entered circulation following distribution to all banks operating in the country.The CBUAE – in collaboration with the UAE Banks Federation (UBF…
Sheikh Shakhboot bin Nahyan bin Mubarak Al Nahyan, Minister of State, and President of Rwanda, Paul Kagame, have reviewed ways to further boost bilateral ties between the two nations in various fields of interest.This came as Sheikh Shakhboot met, in t…
QIC Group, as part of its strategy to expand the footprint in profitable direct-line Insurance Market within GCC, is exploring the possibility of a merger with Vision Insurance SAOG through its majority owned subsidiary, Oman Qatar Insurance Co. SAOG.O…
Manama, Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China, took a major step to strengthen its presence in the Asian-Pacific market with inaugurating its newest Sales’ office in Singapore on Friday 27 May 2022. The new sal…
Qatar Insurance Company (QIC), the leading insurer in Qatar and the Middle East North African (MENA) region, has registered a robust net profit of QR230m for the first quarter of 2022. The company announced yesterday its financial results for the first…
The Qatar General Electricity and Water Corporation (KAHRAMAA) has announced the launch of a new e-service that enables consumer to request for an electricity connection needed for electric vehicle charging stations at their locations. This service has…