Tuesday, April 28

Business

Saudi Arabia intends to offer six new mining sites to investors as part of the fifth licensing round to exploit its massive mineral wealth, a Saudi official has said.

The Abu Dhabi Department of Economic Development (ADDED) has signed a Memorandum of Understanding (MOU) with Emirates Global Industries – Alfahim Group to enable the manufacturing and assembly of electric commercial vehicles (ECVs) in the emirate.

Kuwait has invested nearly $15 billion in industrial projects and other sectors in Egypt and the assets are expected to surge in the next years following the Kuwaiti Emir’s visit to Cairo, an Egyptian newspaper said on Thursday.

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