Bahrain’s Mumtalakat extends McLaren group stake
Bahrain’s state investment fund Mumtalakat said on Thursday it has bought the senior preference shareholder stakes in McLaren Group, as part of a proposed broader…
Tag: MIDDLE EAST BUSINESS
Morocco’s OCP plans $7 billion green ammonia plant to avert supply problems
RABAT – Morocco’s OCP plans to invest $7 billion in an ammonia plant using green hydrogen, produced from renewable fuel, it told Reuters, as one of…
Egypt in talks to replace detained Ukraine wheat cargo, sources say
Egypt has been negotiating to replace a detained Ukrainian wheat shipment, two people with knowledge of the matter said, after talks to release the vessel…
Dubai plans to cut carbon emissions 30% by 2030 – Govt media office
Dubai plans to cut carbon emissions by 30% by the end of 2030, the emirate’s government media office said on Sunday on its website. The…
UBS eyes Mideast expansion with new wealth desk in Dubai -memo
The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, June 22, 2020. REUTERS/Arnd Wiegmann/File Photo DUBAI, Oct 21 (Reuters)…
Apple switches to its own chips for Mac computers as it adds features, privacy controls
Apple Chief Executive Tim Cook said it marked the beginning of a major new era for a product line that powered the company’s rise in…
Bahrain airport rolls out new safety measures
Bahrain International Airport (BIA) is rolling out additional health and safety measures to protect the wellbeing of passengers and staff at the terminal, said a…
Emerging markets need more say on digital currencies
Emerging markets need more say on digital currencies Governments in emerging markets must have greater say in the regulation of digital currencies that could facilitate…
Qatar Airways, JAL among suitors for Malaysia Airlines
Qatar Airways, JAL among suitors for Malaysia Airlines Three international carriers have put in bids to buy a strategic stake in the ailing Malaysian carrier,…