Regional News
September 2020

Saudi Arabia has inaugurated the National Grain Company, a strategic partnership between the Saudi Agricultural and Livestock Investment Company (Salic) and the National Shipping Company of Saudi Arabia (Bahri).






September 2020

Saudi Arabia’s Sabic, a global chemical manufacturing company, said that its revenue for the second quarter reached SR24.62 billion ($6.57 billion), representing a decrease of 18 per cent compared to the previous quarter and a 29 per cent decrease year-on-year. Loss from operations for the quarter totalled SR1.26 billion ($0.34 billion).






September 2020

Bahrain’s ministries and government agencies have indicated a revenue of BD910 million ($2.39 billion) during the first half of the year (H1), a decrease of 29 per cent in comparison to the same period last year, said a report.






September 2020

Dubai’s trade with Africa could see an annual increase of up to 10 per cent over the next five years following the implementation of the African Continental Free Trade Agreement (AfCFTA), according to Dubai Chamber of Commerce and Industry’s latest forecast.






September 2020

Batelco announced its support for 500 small and medium enterprise (SME) customers through financial support towards their fixed internet cost for three months.






September 2020

Jebel Ali Free Zone (Jafza), a leading business and logistics hub, recorded a growth of 24 per cent in food and agriculture trade and an increase of 7 per cent in its customer base year-on-year in 2019, reinforcing its status as a preferred destination for businesses related to food and agricultural commodities.






September 2020

APM Terminals Bahrain, the operator of Khalifa Bin Salman Port (KBSP) in Bahrain, has opened a fast lane at the truck parking area for Export Full Reefer Containers.






September 2020

Oman’s Public Establishment for Industrial Estates (Madayn) and its investment arm Shumookh Investment and Services have signed a cooperation agreement with Advanced Universal Tech to establish Oman Nano City in Sur Industrial City.






September 2020

The Representative Committee of the Industry Sector Business Group of the Sharjah Chamber of Commerce & Industry (SCCI), recently discussed a number of the strategic affairs, including mechanisms for exploring post-Covid-19 future plans and how to confront the current economic challenges in order to enhance the contribution of the industry sect






September 2020

Sami names Abukhaled as CEO The Board of Directors of Saudi Arabian Military Industries (Sami) has appointed Eng Walid Abukhaled as CEO of the company. The decision comes following his role as Acting chief executive officer and is based on his proven ability and competence to manage the company’s business effectively during the past months.






Tags