January 17, 2020 | English | عربي
   Add to Twitter
January 15, 2020

Damascus, SANA- Tourism sector in Syria has achieved positive indicators in the year 2019 in parallel with the return of security and stability to many areas across the country.

Those"...

 


Investcorp commits $130 million to fund affordable...
January 16, 2020

MANAMA — Leading global alternative asset management firm Investcorp has raised $130 million in anchor commitments which will primarily provide last mile funding in"...

C Central Resort The Palm marks grand opening
January 16, 2020

Luxury five-star hotel C Central Resort The Palm marks the beginning of 2020 with its grand opening in Dubai.

With VIP guests and media gracing the grand ceremony,"...

 

 
January 16, 2020

The volume of global debt reached its highest level last September, hitting $253 trillion, the Institute of International Finance (IIF) announced yesterday, adding that it was set to grow in 2020.

The IIF report said the debt increase was mainly driven by large borrowing by governments and non-financial corporations, marking an uplift from $250.9 trillion at the end of the second quarter of 2019.

“The world’s debt when compared against its total output hit another all-time high of"...

January 16, 2020

Gazprom Neft and ICS Holding have set up a joint venture to develop digital products for the oil and gas industry and roll them out in the Russian and global markets.

The development strategy for the new joint venture is aimed at addressing the challenge of digitally transforming the oil and gas sector through the application of Industry 4.0 technologies. The most promising projects include a support system for making investment decisions for working with oil and gas deposits, solutions for"...

January 16, 2020

Damascus, SANA- The revenues of the General Establishment for Free Zones have reached up to SYP 4.5 billion in the year 2019 while the capital invested in them reached USD 628 million in parallel with continuing the projects of rehabilitating their facilities and activating the economic activity in them, in addition to handling the situations of their investors, and finding solutions to overcome the unilateral coercive economic measures imposed on Syria.

Director of the Establishment Eyad Kousa, in a statement to SANA, said that the Establishment’s revenues reached"...

January 16, 2020

Homs, SANA- A 40 percent increase in number of industrial and crafts facilities which entered production in 2019 in comparison with 2018 and that reflects a quick recovery in this important productive sector, according to Director of Homs Industry, Bassam al-Saed.

Speaking to SANA, al-Saed said that the number of industrial and craft facilities which resumed production in 2019 reached at 101 facilities with a capital estimated at more than SYP 2 billion providing 322 job opportunities, while 72 facilities resumed production in 2018 with a capital estimated at about SYP768"...

January 16, 2020

BERLIN: The German economy grew by 0.6 per cent in 2019, the weakest expansion rate since 2013 and a marked cooling from the previous year, as exporters in Europe’s largest economy faced increased headwinds from trade disputes.
The preliminary estimate, released on Wednesday by the Federal Statistics Office, was in line with a Reuters poll of analysts and followed growth in gross domestic product (GDP) of 1.5 per cent in 2018.
“This means that the German economy grew the tenth year in a row. This is the longest growth period since German reunification,” statistics official Albert Braakmann said, adding that stronger"...