Stay true to the dreams of thy youth

Egypt hardliners want Christian governor removed

Cairo: Protesters led by hardline Islamists in southern Egypt are holding their ground, saying they won't end their campaign of civil disobedience until the government removes a newly -appointed Coptic Christian governor.

GE opens advanced tech center in Qatar

General Electric company yesterday officially inaugurated its $ 50mn Advanced Technology and Research Centre at the Qatar Science and Technology Park (QSTP), where officials explained they will be developing four main sectors, healthcare, aviation, oil and gas, and research.


Saudi Arabia's aluminium production to touch 2.4 million MT in 2016 with planned smelting projects worth $19.5bn | Aluminium Dubai | AMEinfo.com

According to a recent report by Ventures Middle East, the value of the Kingdom's construction sector is expected to increase from $27bn in 2010 to $44bn in 2015, witnessing a compound average growth rate (CAGR) of 10%. Total building construction spend is estimated to be $217bn - excluding projects on hold.

Saudi plans $7 bln Egypt housing project -agency | News by Country | Reuters

CAIRO, April 18 (Reuters) - A Saudi developer offered to invest up to $7 billion to build some 200,000 residential units for low and middle income Egyptian buyers, Egypt's state news agency reported on Monday. The agency said Egypt's Prime Minister Essam Sharaf met on Monday with one of the "biggest Saudi businessmen from Alsharif group who offered to do a huge housing project in Egypt... and the prime minister

Saudi to earn over $242 bn in 2011

A surge in crude prices and production will boost Saudi Arabia’s oil export earnings by nearly $ 39 billion to more than $ 242 billion in 2011 and this will largely widen its current account surplus and official assets. According to a key investment firm in the Gulf Kingdom, the average price of Saudi Arabia’s crude is projected to surge to $ 91.7 this year from $ 77.7 in 2010 while its crude output will swell to 8.8 million bpd from 8.2 million bpd.