projects

China issues draft guidelines on overseas investments

Beijing - Muslimchronicle

China’s state planner issued draft guidelines on Friday for its companies investing overseas, streamlining approval processes for deals while raising oversight for projects in sensitive sectors and countries, the government said. After years of rapid growth, China’s outbound investment has slumped so far in 2017 as authorities crack down on “irrational” overseas deals which are suspected of being used toRead more

US shale oil industry to see wave of investment, Total chief says

London - Muslimchronicle

The US shale industry will see another wave of investment as producers are betting strongly against a fall in oil prices, the chief executive of Total , Patrick Pouyanne, said on Wednesday. Pouyanne, speaking at the Oil & Money conference in London, said he expected global oil demand to grow strongly again this year, by up to 1.6 million barrelsRead more

Riyadh governor launches SR730m education projects

Riyadh - Muslimchronicle

Riyadh Gov. Prince Faisal bin Bandar on Thursday launched a number of educational projects worth more than SR730 million ($194.7 million). The launch coincided with the Riyadh General Administration of Education’s celebrations on Thursday of the Kingdom’s 87th National Day. On arrival at the event, the governor was received by Minister of Education, Ahmed Al-Issa; Undersecretary of the Ministry ofRead more

Russian-Saudi Investment Forum concludes with positive signals

Moscow - Muslimchronicle

The Russian-Saudi Investment Forum concluded on Thursday in Moscow with announcements of joint business and investment projects. With more than 200 Saudi and Russian business leaders and officials in attendance, the forum opened with a speech by Russian Energy Minister Alexander Novak, who called the event “historic” in light of King Salman’s first visit to Russia. Bilateral relations “are gettingRead more

Minister briefed on air conditioning efficiency activities

Manama - Muslimchronicle

Electricity and Water Affairs Minister Dr. Abdulhussain Mirza received Renewable Energy Managing Director Jalil Khalil who briefed him on the projects and activities carried out by the company in Bahrain in the field of air conditioning efficiency and saving and rationalization techniques. The minister hailed cooperation with local and international companies that offer the best technologies in the fields ofRead more

New Taif projects reflect King Salman’s attentiveness to country’s development: Prince Sultan

Riyadh - Muslimchronicle

The inauguration of the new Taif projects by King Salman is a great event that reflects his attentiveness to the country’s development and proof that all Saudi provinces are in his heart, Prince Sultan bin Salman, the president and chairman of the board of the Saudi Commission for Tourism and National Heritage (SCTH), said. “The inauguration of these tourism andRead more

Regional Training Program on Preparation of National Standards Projects Concludes

Doha - QNA

The regional training program on the management of the preparation of national standards programs and projects concluded in Doha Wednesday. The three-day training program, organized by Qatar General Organization for Standards and Metrology (QS), in cooperation with the International Organization for Standardization (ISO), brought together 14 countries from ISO member states. The training program reviewed the basic principles of goodRead more

Ministry of Minerals receives second batch of geological maps from Russia

Khartoum - SUNA

The General Geological Research Corporation received, Thursday, second batch of geological maps as part of first phase of agreement signed with Russian side. Minister of Minerals, Dr Ahmed Mohamed Sadiq Al-Karuri considered during a joint meeting with Russian side , the geological map one of the important projects that directly link with information and study of the chosen areas andRead more

World Cup Projects to Conclude in 2020, Says Al Thawadi

Doha - Arab Today

Sports infrastructure projects of the 2022 World Cup are progressing according to the schedule and will be complete in 2020, Hassan Al Thawadi, secretary general of the Supreme Committee for Delivery and Legacy (SC), said Monday. Speaking on the sidelines of the ceremony to honor winning schools in Tarsheed 22 competition for energy efficiency, Al Thawadi said Khalifa International StadiumRead more

Iceland booming but no crash in sight, central banker says

Reykjavik - AFP

Iceland's economy is booming and may overheat but there will be no repeat of the crash that plunged the country into a major financial crisis in 2008, central bank governor Mar Gudmundsson told AFP in an interview. The North Atlantic island posted spectacular growth of 7.2 percent in 2016, one of the strongest rates in the world, on the backRead more