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World

With $120 million, Amazon plans to build a satellite processing facility

Amazon has announced a plan to invest $120 million to build a satellite processing facility at NASA’s Kennedy Space Center.…

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Saudi news

Amending a facility agreement with Al Rajhi Bank for 231 million riyals

“Halwani Brothers” announced that it had signed an amendment to an existing banking facilities agreement in compliance with the provisions…

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Economy

Delivery app ToYou joins hand with Tabby to provide BNPL facility

Follow-ups -eshrag News: Wed, 2023-01-04 14:51 RIYADH: Saudi Arabia’s delivery app ToYou has partnered with fintech firm Tabby to provide a ‘Buy Now Pay…

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Economy

Saudi Top Trading Co. to build $27m factory at Petro Rabigh plastic facility 

Follow-ups -eshrag News: Closing Bell: Saudi stock market falls flat as traded value touches lowest in 3 years  RIYADH: Saudi Arabia’s Tadawul…

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Economy

Saudi, Oman investment ministers visit clean energy facility at Alfanar Industrial City in Riyadh

Follow-ups -eshrag News: Fri, 2022-09-30 16:19 RIYADH: Investment ministers from Saudi Arabia and Oman were given a tour of one of…

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Economy

China launches $28bn loan facility to support manufacturers

Follow-ups -eshrag News: BEIJING, SHANGHAI: China’s central bank said on Wednesday it has set up a relending facility worth more than…

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Economy

MENA Project Tracker — Qatar to develop $1bn blue ammonia facility; Work on solar project begins in Egypt

Follow-ups -eshrag News: DUBAI: Masdar, one of the global leaders in renewable energy, announced the financial close of its 500MW…

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Economy

MENA Project tracker— Alfanar to invests $3.5bn in Sokhna facility; KOC postpones announcement of bid winners 

Follow-ups -eshrag News: Mon, 2022-08-29 19:08 CAIRO: Abu Dhabi-based Emirates Water and Electricity Co. and the Abu Dhabi Centre for Waste Management…

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Economy

Egypt-based OneOrder secures a $6.5m working capital facility

Follow-ups -eshrag News: UAE In-Focus – Dubai consultancy sets up 200 new companies; New Dubai Chambers formation to widen crypto…

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Economy

IDnow secures $61m debt facility from BlackRock

Follow-ups -eshrag News: China In-Focus — Stocks down; Service activity quickens in July; Taiwan asks to avoid Chinese drill areas…

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