Uncategorized
Greece inches closer to a deal with EU to avoid default
ATHENS: Greece could be edging closer to a deal with its creditors after submitting fresh proposals which are thought to...
Portuguese car sales surge to 31.4% to total 21,053 units once again May: ACAP
LISBON: Vehicle sales rose by 31.4 percent year on year in May to total 21,053 units, ACAP – the Portuguese...
Jordan First largest Food Exhibition 2015 kicks off on Tuesday
AMMAN: King Abdullah II, Minister of Industry, Trade and Supply, Maha Ali, on Tuesday, opened the Jordan Food Exhibition 2015...
Shams Maan solar project to start in September 2016: Energy Minister
AMMAN: Jordan is set to witnesses the launch of several solar power plants in the next few years following Tuesday’s...
Jordan to invests $2bn in sewage projects
AMMAN: Iyad Al-Qassir, advisor at Water Authority of Jordan, said that the country plans to pump investments worth $2 billion...
Jordanian Gov’t seeks $3.4b in loans, grants between April 2015 to March 2016
AMMAN: The government seeks to secure external financing through grants and loans worth $3.4 billion between April 2015 and March...
Major solar power launches in southern Jordan worth of $170m
AMMAN: A major solar power venture has got underway in Jordan's southern governorate of Ma'an with investments totaling $170 million...
Greece still awaits EU, IMF response on proposal to repay €1.6b
ATHENS: Greece said on Wednesday its international creditors had failed to respond to its latest proposal on breaking an impasse...
UK industrial output rises more than 0.4% from March
LONDON: U.K. industrial production rose more than economists forecast in April as oil and gas output surged. Manufacturing unexpectedly contracted...
Greece focus shifts back to Merkel Hollande in quest for deal
ATHENS: Greece retreated from budget concessions to its creditors, setting the stage for another attempt by German Chancellor Angela Merkel...
China Shipping charters Diana bulk carrier for 10 to 14 months
ATHENS: Hong Kong-based China Shipping Bulk Carrier Co has timechartered one of Diana Shipping’s panamax bulk carriers for 10 to...
D’Amico orders 2 more LR1 product tankers from Hyundai Mipo
ATHENS: D’Amico Tankers (Ireland) has ordered two more 75,000-dwt LR1 product tankers from Hyundai Mipo Dockyard Co for $44m each....
Greece’s Scorpio Bulkers plans new $200m stock offer
ATHENS: NYSE-listed Scorpio Bulkers is planning a share offering in which it will sell $200m of its common stock to...
Malin invests $35m in Melinta in first post
DUBLIN: Malin, an Irish-based company set up by a number of former Elan executives to invest in privately held life...
Tens of thousands of families face €5,000 bill to make drinking water safe in Ireland
DUBLIN: Tens of thousands of families will be saddled with bills of more than €5,000 after the Government admitted the...
Closing: KSE extends gains with 54pts or 0.16% more to end in green zone
KARACHI: The Karachi Stock Exchange benchmark 100-index gained 53.56 points or 0.16 percent to reach 34323.84 points and volume...
LG G Flex 2 gets latest Android 5.1.1 Lollipop update
NEW DELHI: LG G Flex 2 is getting the latest Android 5.1.1 Lollipop update over-the-air. US carrier Sprint has been...
Lenovo to be sold at price range of Rs. 30,000 to Rs. 1,14,000
BEJING: Lenovo launched the new affordable range of Yoga laptops for students. The new laptops in the Yoga series, which...
Turkey’s state-owned lender Ziraat Bank sees 22% profit growth in 2014
ANKARA: Turkey's state-owned lender Ziraat Bank saw profits surge by 22 percent in 2014 compared to 2013, reaching 4.05 billion...
Koenigsegg Regera hybrid hyper car to go on sale near end of 2016 with price tag of $2.34m
LONDON: The Koenigsegg Regera hybrid hyper car is a good example of high tech vehicles to be made with its...
