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finance & economy

Apr 22

In nod to debt concerns, China Belt and Road summit to urge sustainable financing

In nod to debt concerns, China Belt and Road summit to urge sustainable financing

SHANGHAI: World leaders meeting in Beijing this week for a summit on China’s Belt and Road initiative will agree to project financing that respects global debt goals and promotes green growth, according to a draft communique seen by Reuters.
The Belt and Road Initiative is a"...

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Apr 22

S. Korea collected nearly 378 trillion won in taxes in 2018

S. Korea collected nearly 378 trillion won in taxes in 2018

South Korea collected 377.9 trillion won ($332.6 billion) in local and central government taxes last year, official data showed on Sunday, with the tax-to-gross domestic product (GDP) ratio rising sharply as more corporate taxes were collected on companies' stronger earnings.

...

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Apr 22

India’s Iconic Markaz Knowledge City Promises High Returns for Expat Investors 

India’s Iconic Markaz Knowledge City Promises High Returns for Expat Investors 

Markaz Knowledge City (MKC), India's first knowledge city developed at an estimated investment of US$ 435 million (INR 30 billion) and spanning over 125 acres of land in the South Indian state of Kerala, will go functional at full-scale this year promising massive investment returns"...

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Apr 22

Schlumberger Announces First-Quarter 2019 Results

Schlumberger Announces First-Quarter 2019 Results

  • Worldwide revenue of $7.9 billion decreased 4% sequentially, but increased 1% year-on-year
  • International revenue of $5.0 billion decreased 5% sequentially, but increased 3% year-on-year
  • North America revenue of $2.7 billion decreased 3% sequentially and 3% year-on-year
  • Pretax operating income of $908 million decreased 6%...

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Apr 22

Landmark Deal Puts Coca-Cola at the Heart of the Entertainment Industry in MENA as the UAE’s First Indoor Venue Is Named the Coca-Cola Arena

Landmark Deal Puts Coca-Cola at the Heart of the Entertainment Industry in MENA as the UAE’s First Indoor Venue Is Named the Coca-Cola Arena

The Coca-Cola Company (TCCC) has signed a 10-year agreement for the exclusive naming rights of the brand new indoor multipurpose arena in Dubai. Now known as the Coca-Cola Arena, the breath-taking venue is the largest of its kind between Istanbul to Singapore and will further establish"...

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Apr 21

 Jordan, Lebanon discuss facilitating fresh produce trade

Jordan, Lebanon discuss facilitating fresh produce trade

Amman, Apr 20 (Petra) –– Minister of Agriculture and Environment Ibrahim al-Shahahdeh and his Lebanese counterpart Hassan al-Lakkis Saturday discussed ways to boost agricultural ties and to increase the volume of fresh produce trade to the levels before the conflict in Syria....

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Apr 21

Khoury: Cooperation between Syria and Lebanon in economic field important

Khoury: Cooperation between Syria and Lebanon in economic field important

Beirut, SANA_ The Secretary General of the Syrian-Lebanese Supreme Council Nasri Khoury stressed the importance of cooperation and coordination between Syria and Lebanon in the economic field.

Khoury, in a statement"...

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Apr 21

Andersen Global Expands Africa Presence; Signs Collaboration Agreement in Economic Hub of South Africa

Andersen Global Expands Africa Presence; Signs Collaboration Agreement in Economic Hub of South Africa

(AETOS Wire)-- Andersen Global is excited to announce the addition of its first collaborating firm in South Africa. Tabacks Attorneys and Corporate Law Advisors, headquartered in Johannesburg, South Africa, has signed a Collaboration Agreement with"...

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Apr 21

Dewan Architects and Engineers is Expanding into South East Asia

Dewan Architects and Engineers is Expanding into South East Asia

With SE Asian countries experiencing record growth and development and setting new standards for design and hospitality concepts, Dewan Architects and Engineers is keen to actively participate in the success of these economies and to tap into the wealth of experience and expertise they"...

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Apr 21

AURAK Starts Up

AURAK Starts Up

The American University of Ras Al Khaimah (AURAK), in cooperation with Khalifa Fund and Google, organized the RAK 19 Startup Weekend to facilitate future entrepreneurs in developing projects into market ready products.

With"...

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