UAE-based diversified group ANC Holding has announced that it will acquire a 39.2 per cent interest in Oman?s Dhofar Fisheries and Food Industries
Technology
EBRD to invest US$1.1bn in MENA region in 2014
The European Bank for Reconstruction and Development (EBRD) has planned to invest up to US$1.1bn in some Middle East and North African (MENA) countries next year, to help bolster regional stability and spur growth
Oman hires New Zealand consultancy firm for continental shelf extension
The Omani government has appointed New Zealand-based GNS Science as consultant and supervisor for the extension of the outer limits of the sultanate?s continental shelf
Oman Chlorine affiliate to set up new plant in Abu Dhabi
Oman Chlorine has announced that its joint-venture company Union Chlorine plans to set up a US$70mn chemical plant in Abu Dhabi
Dubai DED introduces new licensing rule for business owners
The Department of Economic Development (DED) in Dubai has introduced a new rule giving permission to business owners in the emirate to operate across the industrial, commercial and professional services sectors with a single licence