Memorandum of understanding signed last Thursday allows for research to develop a light military transport. Goal is also meeting current global demands.
Author: From the Newsroom
The company launched its second Festival-branded venture, named Festival Plaza, with plans to see 10,000 shoppers a day. At least three more malls are slated to open in Dubai in the months ahead.
Mariam Al-Aqeel is the first woman in the position ever in the region. She’s also chair of the Kuwait Investment Authority (KIA).
An event featuring scholars and artists marked World Arabic Language Day. This year’s theme was ‘Arabic Language and Artificial Intelligence.’
July through November – the first five months of the 2019/2020 crop season – saw 535,714 tonnes shipped abroad.
United Arab Emirates national railway network operator Etihad Rail approved a USD 1.25 billion deal tasking a joint venture formed by Chinese and local companies with construction.
Brazilian company that exports to the Arab countries acquired Nakata Automotiva, which manufactures and sells components for light and heavy vehicles and motorcycles.
Brazil’s Ministry of Foreign Affairs is selecting entrants to teach Brazilian Portuguese in 19 countries, including Lebanon. Twenty slots are available.
Overnight stays by Brazilian travelers in the Arab country were up 105% year-on-year in November.
Abdelmadjid Tebboune was declared the winner with 58% of the vote. Amid protests against the election, turnout was 40%.
Oil revenues and the profits of public joint-stock companies accounted for much more in the country’s budget last year, but tax revenue, including VAT helped guarantee a budget surplus of 2.2%.
OKA provides free data on rights and federal government services relating to housing education, healthcare, documentation, social and legal assistance.
IMF published economic outlook report for the Arab country as part of its fourth review of an arrangement between both. The body approved more USD 22.8 million for Mauritania.
The Saudi Arabian state-run oil company had its initial public offering (IPO) last week. Its market value exceeds that of the world’s five biggest oil companies combined.

