Infrastructure
S.Korea’s President Moon pledges $1.92bn to boost COVID-19 vaccine production
President Moon Jae-in said that he plans to invest (US$1.92 billion) KRW2.2 trillion to turn The...
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Kuwait’s Finance House plans to finance mega government projects in Saudi
Kuwait Finance House (KFH) plans to finance mega multimillion-dollar government projects in Saudi Arabia, including the...
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Middle East’s longest railway tunnel project has been completed by China Civil Engineering Construction Corporation
The Middle East's longest railway tunnel project in the United Arab Emirates has been completed successfully...
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Real estate sales deals of Kuwait surge to $1.3bln in June
The number of real estate deals in Kuwait worth $1.3bln has been distributed between 70 agencies...
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Telecom company Lumen sells Latin American business for $2.7bln
Lumen Technologies (NYSE: LUMN), a Telecom company, announced the signing of a definitive agreement and is...
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Volkswagen raised the target for profit margin after it posted record first-half earnings
Volkswagen saw heartening results even exceeding pre-pandemic levels with first-half operating profit before special items hit...
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West Virginia city seeking $2.5 bln in opioid lawsuit
West Virginia city and county, which were hard-hit by the opioid crisis, seeks $2.5 billion in...
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SpaceX’s scored big with a new NASA contract
SpaceX hit the jackpot as it scored another major NASA contract. This time it is the...
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The “Normalcy Index” ranks Egypt as the fourth most resilient country
According to The Economist, the "normalcy index," which offers a framework to assess changes in behavior...
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UAE all set to boost air passenger traffic with Emirates and Etihad Airways
The Australian aviation product and safety ranking agency AirlineRatings.com places the full-fledged carriers of the UAE...
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