The move suggests that authorities are determined to invest heavily in long-term efforts to create jobs and diversify the economy beyond oil. (Image source: Aapsky/Shutterstock)
Saudi Aramco is considering to build a new industrial city in the south of al-Ahsa district in the Eastern Province, as authorities seek to expand the kingdom?s industrial base
Narendra Modi, who is the first Indian Prime Minister to visit UAE in the last 34 years, said India has huge investment opportunities for investors from the UAE in sectors like infrastructure, energy and real estate. (Image source: Narendra Modi/Flickr)
The UAE has agreed to enhance its investments in India to US$75bn including through a dedicated infrastructure fund, while the two nations will also raise bilateral trade by 60 per cent in the next five years
Kuwait plans to create a quantum leap in terms of technologies used in these projects and services provided to citizen as well as attract investment opportunities in the country. (Image source: World Bank Photo Collection)
The government of Kuwait has approved the construction of a series of power plants, desalination facilities and other infrastructure projects worth a total of almost US$10bn, the Finance Ministry said
The new company will increase global scale of operations in materials handling and lifting services. (Image source: NellieBuir/sxc.hu)
Finland-based equipment manufacturer Konecranes has merged with USA?s Terex to create a global lifting and materials handling solutions company called Konecranes Terex Plc
One of the UAEs assisted development projects includes means to decongest traffic in heavily-populated urban centres in Cairo. (Image source: AlyssaBernstein/Flickr)
The UAE government has handed over projects to Egypt in sectors such as health, education, transport and infrastructure
