June 24, 2018 | English | عربي
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June 9, 2018

The number of countries which confirmed participation in the 60th edition of Damascus International Fair reached 15, and"...

 


Regulations Moving Towards Greener Products and Localisation...
June 24, 2018

Mass and industrial production of coating products in Iran dates back to the 1940s and started with a nominal capacity of less than 20 million litres per annum in the decorative"...

Dewa, Microsoft officials discuss ties
June 23, 2018

Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa), has met with Satya Nadella, CEO of Microsoft, in Washington, and discussed ways to"...

 

 
June 23, 2018

India’s government is likely to sell a part of its stake in IDBI Bank Ltd. as early as next month and potential buyers include the country’s top insurer, said people familiar with the matter.

Potential investors would include Life Insurance Corporation, the people said, asking not to be identified as the information isn’t public. The sale would lower the government’s stake to below 50 per cent from about 81 per cent, they said.

India has been trying since at least two"...

June 23, 2018

The Abraaj Group said on Thursday it has agreed to sell a big chunk of its fund business to US investment management firm Colony Capital as a Cayman Islands court oversees the restructuring of the embattled private equity firm.

Colony Capital will acquire Abraaj's “Latin America, Sub Saharan Africa, North Africa and Turkey Funds management business and its Limited Partnership interests in the underlying Funds, along with staff in the eight offices being transferred under the terms of the deal,” the private equity firm said in a statement, without disclosing"...

June 23, 2018

Intel removed Brian Krzanich as chief executive after the chip maker learned he previously had a consensual relationship with an employee, a violation of the company’s policies.

Chief financial officer Robert Swan was made interim CEO while the board searches for a permanent replacement, the company said in a statement Thursday. Mr Krzanich is the latest in a string of CEOs forced out for having an inappropriate relationship. Lululemon Athletica and Priceline Group both had to replace their leaders for similar reasons.

Mr"...

June 23, 2018

Crimea has stepped up grain exports to Syria over the past year in an arrangement that gives the Black Sea peninsula an outlet for its surplus crops and ensures President Bashar al-Assad has a reliable source of wheat.

Shipments started picking up in the middle of last year and at least 10 ships took a minimum of 170,000 tonnes of grain to Syria between July 2017 and May 2018, according to port and ship tracking data seen by Reuters and confirmed by shipping sources.

The recent rise in grain"...

June 23, 2018

Syria is ready to establish a railway link with Iraq and Iran, the country’s Minister of Economy and Foreign Trade, Mohammad Samer Al-Khalil, said.

The proposal came during a meeting with Iran’s First Vice President, Eshaq Jahangiri, to discuss the final steps to announce the strategic trade agreement between Tehran, Damascus and Baghdad.

This comes as Iran is looking for alternative regional allies as Western companies prepare to quit Tehran ahead of the ...