Qatar?s Doha Bank has closed a project finance deal worth US$85mn with Kharafi National of Kuwait
Technology
Arabsat to invest US$2.5bn in launch of new satellites
Saudi Arabia-based satellite communications firm Arabsat has said it would invest US$2.5bn to launch five new sixth generation satellites in 2015
Mobinil and Ericsson partner to boost network in Egypt
Egypt?s mobile operator Mobinil has partnered with Ericsson to provide enhanced data services in the country
UAE and Kenya sign first trade guidance agreement
Dubai?s DIFC Courts has signed its first Memorandum of Guidance (MoG) with the High Court of Kenya to reinforce the UAE?s position as a major economic gateway to East Africa
Emirates NBD opens new branch in Sharjah
UAE?s leading bank Emirates NBD has opened a new banking branch in Al Nasseriya, Sharjah, making it the eighth branch in the emirate and 99th in the UAE