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About 80 per cent of the loans approved by the SIDF for industries went towards new projects. (Image source: Edward Musiak)

The Saudi Industrial Development Fund (SIDF) has approved 44 loans worth US$430mn in Q3 2013 to finance 35 new industrial projects and the expansion of nine existing projects in the Kingdom

Arabtec Holding?s acquisition of Efeco would help the construction and engineering group diversify its sources of income. (Image source: Mike Hauser/Flickr)

Dubai?s Arabtec Holding has announced that it has completed the acquisition of Emirates Falcon Electromechanical Company (EFECO) as it attempts to enhance its position in the fields of engineering and construction

The organisational transparency category, in which Emirates won, ranks firms on their disclosure of data in corporate reports. (Image source: Gordon Werner/Flickr)

UAE-based airline Emirates has been named the most transparent organisation in the world by anti-corruption watchdog Transparency International

Zain and Alcatel-Lucent are conducting a trial of 400Gbps data transmission over an existing optical link carrying live network traffic in Jeddah. (Image source: breahn/Flickr)

Alcatel-Lucent and Zain KSA have announced the completion of an Agile Optical Network to provide ultra-broadband access throughout Saudi Arabia

AGC said that it will aid SMEs in Oman in administration, management, marketing, conduct quality and safety checks in construction projects. (Image source: Lars Ploughmann/Flickr)

Omani civil construction and project management company Assafwah Gate Construction (AGC Oman) has announced that it will offer management, administration and marketing aid to small and medium enterprises (SMEs) in the sultanate under its new business strategy

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