Dubai unveils plans for $8.2 billion 'Wholesale City'
Dubai has revealed plans for a AED30 billion ($8.2bn) ‘Wholesale City’ spanning over 51 million sqm. Dubai Wholesale City is...
Business
Siemens to transfer Class F turbine technology to Iran
A five-year agreement for transferring the technology of Class F turbines, as the first step toward making the expertise indigenous...
South Korea's Posco to build $1.6 billion steel mill in Iran
South Korean steelmaker POSCO said ay that it has signed an initial agreement to help build a $1.6 billion steel...
Qatar to be promoted as art, cultural and sporting hub
Qatar will be promoted as a leading global art, cultural and sporting hub, according to a Memorandum of Understanding (MoU)...
Italian Prime Minister Renzi opens Milano Fashion Week: “Fashion? Passion and Courage”
Italian Prime Minister Matteo Renzi opened (25 February) the Milano Fashion Week with a happening in Milano Royal Palace where...
Iran Khodro launches pickup truck assembly in Iraq
Iran Khodro has inaugurated an assembly line for its Arisan brand of pickup trucks in Iskandariya, Iraq in a ceremony...
10 upcoming malls in Lebanon at a cost of $1.5 billion
10 shopping centers will open in the corning three years. They will be located in Beirut, Saida, Tyre, the Bekaa,...
Plan to construct industrial parks in Lebanon
The construction of industrial parks in Lebanon helps local manufacturers minimize the costs of production while enabling them to compete...
Airbus signs Iran deal for 118 planes worth $27 billion
Iran agreed on Thursday to buy 118 Airbus jets worth $27 billion at list prices, including a dozen A380 superjumbos,...
Egypt and China sign 21 investment deals worth $15 billion
Egyptian President Abdel-Fattah El-Sisi and Chinese President Xi Jinping signed in Cairo on a number of cooperation deals aimed to...
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