Category Archives: Business

UAE investments constitute 11% of total FDI inflows to Lebanon: UAE Envoy.

The UAE has maintained its position as a leading investor in Lebanon with its foreign direct investment, FDI, constituting 11 percent of total FDI inflows to Lebanon, according to a top Emirati diplomat.

“The upcoming joint investment forum is a …

BD187 m of exports of national origins in August

Manama, The Information & eGovernment Authority (iGA) issued its foreign trade report for August 2019 which encompasses data on the balance of trade, imports, exports (National Origin) and re-exports.

The value of imports decreased by 3% as it reached BD391 …

China factory activity improves in September amid trade war

Beijing, China’s factory activity improved in September ahead of talks with Washington aimed at ending a tariff war.

Surveys released Monday by an industry group and a business magazine both showed improvement, though gains were small.

The China Federation of …

IceWarp launches Middle East (Bahrain) cloud cluster

MANAMA: IceWarp, headquartered in Czech Republic – a global email, messaging and collaboration solutions provider has announced its strategic partnership with Kalaam telecom, a leading managed solutions provider for businesses across GCC and international markets, offering advanced Internet, data, voice, …

Qatar Airways 2018-19 Annual Report Highlights Strong Growth in Overall Revenue, up by 14 per cent year on year

DOHA, Qatar Airways has today published its annual report for 2018-19, highlighting the airline group’s success and underlying robust financial health in the face of the continued illegal airspace blockade against the State of Qatar.

Overall revenue and other operating …

TRA publishes Q2 Market Indicators report

Manama, Telecommunications Regulatory Authority (TRA) announces the publication of its Q2 Market Indicators Report for 2019.

The report shows that the number of broadband subscriptions reached to 2.34 million subscription at the end of the second quarter of 2019, with …

China’s trade with US shrinks as tariff war worsens

Beijing: China’s trade with the United States is falling sharply as the two sides prepare for more negotiations with no sign of progress toward ending a worsening tariff war that threatens global economic growth.

Imports of U.S. goods fell 22% …