alfanar Energy signs PPA for 50 MW Solar PV Plant in Egypt

  Saudi Arabia — alfanar Energy recently signed a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for 50 MW PV plant under Feed–in–Tariffs Programme in Egypt. The PPA has been signed by Eng. Gamal Abdel-Rahem, EETC Chairman & Eng. Sabah Al Mutalq, Vice chairman – alfanar Group, in presence of Eng. […]

Al Baraka Banking Group achieved operating income of US$ 249 mn

Bahrain — The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it achieved a total operating income of US$ 249 million during the first quarter of 2017 and the total financing and investments recorded slight increases at the end of March 2017 compared to end of December 2016. Al […]

Scientific seminar on divorce in Saudi Arabia

KACST– Marriage contracts in 1413 AH (1993) reached 67.934 then dropped down  in following four years (1414 – 1418AH) (1994-1998) with a remarkable rise in 1418AH (1998) when they registered 70.169 marriage contract, said Dr. Abdulaziz Hamoud AlShathry during the 33rd scientific seminar under the banner: Divorce in the Saudi Society: Causes, Impacts and Solutions. He […]

Porsche 919 Hybrids second and third in Silverstone

Dubai, UAE — Despite a well calculated but significant aerodynamic disadvantage, Porsche fought for the victory with the 919 Hybrid on Sunday in Silverstone. After six hours of racing in the opening for the FIA World Endurance Championship on the challenging British Grand Prix circuit, the trio of Earl Bamber (NZ)/ Timo Bernhard (DE)/ Brendon […]

In pictures: Fashion Forward Spring/Summer 2017 at Dubai Design District

New Porsche Panamera range launched

A sports car and luxury saloon in one, the new Panamera launch phase has officially begun. Porsche Centre Dubai and Northern Emirates, Al Nabooda Automobiles, marked the introduction of the latest generation by unveiling two all-wheel drive versions: the Panamera 4S, and Turbo to attendees at a special event at the Nikki Beach Resort and […]