LNG demand in MENA at country level has ebbed and flowed with rapidity, but Kuwait now seems certain to emerge as the region’s primary import market. [Gas in Transition, Volume 1, Issue 9]
UAE and Oman on Monday (October 18) discussed the importance of cooperation and investment in the industrial sector, advanced technology and quality infrastructure.
RIYADH: The Egyptian Juhayna Food Industries Company said it has not received any official offers or letters from Abu Dhabi Holding Co. to acquire a stake in it, Al Arabiya reported. Bloomberg News had previously published a story claiming that Abu Dhabi Holding is considering acquiring a stake in Juhayna as part of its efforts for more deals in Egypt. Juhayna’s share price has fallen since late last year, after the authorities detained the company’s founder, Safwan Thabet, and his son, Seif El-Din Thabet, CEO and vice chairman of the company, due to alleged links with the Muslim Brotherhood.