EBRDs loan is the first for Tunisias leasing sector. (Image source: Tab59/Flickr)
The European Bank for Reconstruction and Development (EBRD) is providing a US$20mn loan to Compagnie Internationale de Leasing (CIL) lending purposes for local micro, small and medium-sized enterprises (MSMEs) in Tunisia
Ras al-Khaimahs growth has been consistent and looks promising to investors, according to its ruler Sheikh Saud Bin Saqr Al Kasimi. (Image source: LHOON/Flickr)
Indian fertiliser company Zuari Agro Chemicals has decided to invest US$950mn into the construction of an integrated diammonium phosphate (DAP) facility in Ras Al Khaimah Maritime City
Unique System FZE will purchase, install and commission the AWOS and ATIS according to international (ICAO) and UAE (GCAA) regulations. (Image source: Motox810/Flickr)
Unique System FZE, along with its partner MicroStep-MIS, has announced that it will supply an AWOS (Automated Weather Observation System) and ATIS (Airport Traffic Information Service) to an international airport in the UAE
Philips has signed an agreement to become a major stakeholder in a joint venture, Philips Lighting Saudi Arabia. (Image source: FDV/Wikimedia Commons)
Philips has signed an agreement to acquire 51 per cent of Saudi Arabias General Lighting Company (GLC) for US$235mn and form a joint venture (JV) under the name Philips Lighting Saudi Arabia
The government will focus on enhancing IT services, and developing hubs like Dubai Internet City and Dubai Silicon Oasis. (Image source: Shijaz/Wikimedia Commons)
Investments in Dubais IT sector are likely to touch US$1.3bn this year and attract foreign direct investment (FDI) too, according to a report developed by Dubai FDI
