Development

German Development Bank Grants Jordan 44m to Support Syrian Refugees

Amman - QNA

The German Development Bank (KFW) has an agreement to grant 44 million euros to Jordan to finance the second phase of a project supply energy for host communities and Syrian refugees in the country, Jordanian news agency Petra reported. The project aims to reduce the cost of energy consumption through using renewable energy by 30-35 megawatt, the Jordanian Ministry ofRead more

Islamic Development Bank Announces $40 Million Agreement with UNRWA

Gaza - QNA

The Islamic Development Bank, in its capacity as Coordinator for the Programme of the Gulf Cooperation Council (GCC), announced today the signing of a $40 million agreement with United Nations Relief and Work Agency for Palestine Refugees in the Near East (UNRWA). The agreement includes maintenance work for no less than a 100 thousand residential units destroyed during Israel's attackRead more

FM receives IFAD's Regional Director

Khartoum - Arab Today

Foreign Minister, Professor Ibrahim Ghandour received on Wednesday, the Regional Director of Near East, North Africa at International Fund for Agricultural Development(IFAD),Dr. Khalida Bouzar. The IFAD Regional Director presented a briefing on the Fund programs being implemented and its future projects by focusing on the Fund's projects in Sudan . Foreign Minister, on his part thanked IFAD for its concernRead more

Qatar Confirms Combating Terrorism Requires Preventive Measures

Geneva - Arab Today

The State of Qatar confirmed that facing terrorism needs to follow a comprehensive and integrated approach based on security, political, economic and social vision and to take preventive measures to limit the conditions conducive to spread this phenomenon. Qatar also affirmed the need to differentiate between terrorism and legitimate resistance which is the right for the occupied and oppressed peoples,Read more

Humanitarian and Development Forum for Palestine Kicks Off

Doha - QNA

Doha hosted today the activities of the Humanitarian and Development Forum for Palestine under the theme 'Together We Make Hope'. The forum is organized by Qatar Charity and sponsored by Qatar Fund for Development along with other international and UN organizations. The two-day forum seeks to strengthen coordination and partnership between the various supporters of the Palestinian people, diagnose theRead more

MAD 115 Billion to Develop the Casablanca Region

Rabat - Arab Today

The Casablanca-Settat Regional Council approved on March 6 the draft of the Casablanca-Settat Development Project, with a budget of MAD 115 billion. The project, which was prepared using a study carried out by the consulting firm Valyans, focuses in particular on infrastructure, waste management and transport. “This project is part of the new prerogatives granted to the regions under theRead more

FNC Speaker receives President of National assembly of Burundi

Abu dhabi - Arab Today

Dr. Amal Abdullah Al Qubaisi, Speaker of Federal National Council (FNC), met with Nyabenda Pascal, President of the National Assembly of Burundi (NAB), and his accompanying delegation here today. Dr. Al Qubaisi discussed with the NAB President ways to enhance bilateral co-operation between the two countries, issues of mutual interest and means to strengthen parliamentary relations through the exchange ofRead more

IDB ‘leading development partner’ for Senegal

RIYADH - Arab Today

The Jeddah-based Islamic Development Bank (IDB) has said Senegal is an important partner and expressed satisfaction with the leadership of the country’s president, Macky Sall. During a visit to the African country this week, IDB vice president Mansour Mukhtar expressed satisfaction with the efforts of Senegal’s government to ensure speedy implementation of projects, according to the IDB website. Mukhtar madeRead more

Deyaar reports AED428.3 million revenue

Dubai - WAM

Deyaar Development, one of Dubai’s property developers and real estate service providers, today announced its preliminary financial results for the full year ended December 31st, 2016. The company reported a sharp increase in revenues to AED428.3 million compared to AED257.1 million in 2015, reporting an increase of 67 percent, mainly due to construction progress in the developer’s The Atria andRead more

Khaled Al Melhi appointed CEO of Injazat Data Systems

Abu dhabi - Arab Today

The Mubadala Development Company today announced the retirement of Ibrahim Lari, Chief Executive Officer of Injazat Data Systems, a regional IT managed services market leader wholly owned by Mubadala. Lari will remain on board as a Strategic Senior Advisor to the newly elected Chief Executive Officer, Khaled Al Melhi, who currently serves as Chairman of Injazat. Homaid Al Shimmari, CEORead more