Wednesday , 31 December 2025

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ERC aid benefits 600 families in Hadramaut

ASH SHAHAR / WAM The Emirates Red Crescent (ERC) distributed food aid to 600 families, or about 3,000 persons, at Al Hami, Ash Shahar District in Hadramaut. This is in the framework of the ERC’s humanitarian project to restore normalcy to the lives of families facing dire humanitarian conditions. The assistance included basic humanitarian needs and foodstuff. The beneficiaries extended …

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Saudi crown prince says Aramco IPO by 2021

Bloomberg Saudi Arabia’s crown prince insisted the plan to sell shares in oil giant Aramco will go ahead, promising an initial public offering (IPO) by 2021 and sticking to his ambitious view the state-run company is worth $2 trillion or more. “I believe late 2020, early 2021,” he said, discussing the timing of the IPO in an interview at the …

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$2.4trn worth of projects in GCC’s pipeline offer vast opportunities

Dubai / Emirates Business With an estimated $2.4 trillion of projects planned across the GCC, the region still offers abundant opportunities as governments seek to develop infrastructure to meet the needs of rapidly expanding populations, and to deliver economic diversification. The region offers some of the best project opportunities in the world. The need for infrastructure and economic diversification is …

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