Assarain Concrete signs land lease pact in Duqm

Land Lease Pact

Assarain Concrete Products (Duqm) has signed a 25-years usufruct (land) renewable lease agreement for a sizeable plot of 60,000 square metres with Duqm Industrial Land Company (DILC), a subsidiary of Port of Duqm Company.

Air Arabia-SAP Deal

Air Arabia has announced that it has signed an agreement with SAP, a global market leader in enterprise application software for a new cloud-based human resources (HR) system.

Blockchain Conference

The Locus Chain Foundation has participated in the first ‘Mauritius Blockchain Conference’ which was organised at the Intercontinental Mauritius Resort Balaclava Fort in Mauritius, an island on the eastern side of Africa.

Tesla Private Deal

Tesla CEO Elon Musk said that he would heed shareholder concerns and no longer pursue a $72 billion deal to take his US electric car maker private, abandoning an idea that had stunned investors and drawn regulatory scrutiny.

Saudi Reforms

Saudi Arabia is moving ahead with economic reforms and growth in its non-oil economy will pick up this year despite any delay to a planned sale of shares in national oil giant Saudi Aramco, a senior IMF official said on Friday.


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