Manama / Tribune News Service Setting up a new venture to collect millions of dinars to restart work on four developments in Bahrain that were never completed has been proposed by industry experts. They also called for the auctioning of two of the stalled projects as part of measures to resolve the crisis in the next six years. Thousands …
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Manama / Tribune News Service Concerns have been raised that people would be attacked if ATM machines are installed in public parks across Bahrain. The proposal, presented by Southern Municipal Council chairman Ahmed Al Ansari to the Central Bank of Bahrain, aims to provide services across the board and generate municipal income from the leased space. Works, Municipalities and …
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Winnipeg / Reuters Saudi Arabia’s agriculture company has taken control of the majority investor in grain handler G3 Canada Limited, according to a filing, reducing Bunge Ltd’s stake and strengthening the kingdom’s efforts to secure food supplies. G3 Global Holdings, the joint venture of U.S. agribusiness Bunge and Saudi Agricultural and Livestock Investment Co (SALIC), bought 50.1 percent of …
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Dubai / Emirates Business Gidea Technology Company launched a new service to the payment sector market in Saudi Arabia, which facilitates the linking system of electronic for Saudi banks with UnionPay network “the global payment network that serves the world’s largest cardholder base†through the Saudi Payments Network System (MADA) in cooperation with the Saudi Arabian Monetary Agency. It …
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Dubai / Emirates Business Nissan has signed a historic Memorandum of Understanding (MoU) with the Greater Amman Municipality in Jordan as part of a landmark initiative to provide the Kingdom with its first 100 Nissan LEAF and Nissan e-NV200 electric vehicles (EVs). The vehicles, to be supplied by Bustami & Saheb (BSTC), Nissan’s exclusive distributor in the Kingdom, will …
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DUBAI / Emirates Business Nissan has signed a Memorandum of Understanding (MoU) with the Greater Amman Municipality in Jordan as part of a landmark initiative to provide the Kingdom with its first 100 Nissan LEAF and Nissan e-NV200 electric vehicles (EVs). The vehicles, to be supplied by Bustami & Saheb (BSTC), Nissan’s exclusive distributor in the Kingdom, will be …
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Amman / Tribune News Service Jordan has signed an agreement to build its “first coal-fuelled power plantâ€, the Energy Ministry said. “This is the first power plant in Jordan that runs on coal,†said Energy Minister Ibrahim Saif, adding that around 70 per cent of electricity globally is produced by coal. The plant will run on coal and petroleum …
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BEIRUT / Reuters Iran has filed a formal complaint with the International Court of Justice to recover nearly $2 billion in assets frozen in the United States, Iranian President Hassan Rouhani said. The U.S. Supreme Court ruled in April that the assets must be turned over to American families of people killed in the 1983 bombing of a U.S. …
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AMMAN / Tribune News Service In less than two years, a team of archaeologists has amassed records for 90,000 Middle Eastern sites in an online database. The Endangered Archaeology in the Middle East and North Africa (EAMENA) project documents archaeological sites and assesses the threats to them in 10 countries, said project Director Robert Bewley from the University of …
Read More »Jeddah / Tribune News Service Saudi Arabia is a key partner in international development and among the world’s top donors as the provision of external assistance and donations are major aspects of its foreign policy. In a speech delivered at the Human Rights Council by Faisal bin Trad, Saudi ambassador to the UN, in Geneva, said that the Kingdom …
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