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ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

Aramco-Horse Powertrain deal completed

An agreement for the purchase of 10% equity stake was signed in June 2024.

Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

Expected impact of the U.S. election on business 

35 percent of CEOs worldwide identify #inflation as the most critical #economic issue facing their countries, followed by boosting #consumer...
  • The majority of CEOs (77 percent) say the U.S. presidential election will impact their 2025 business strategy
  • Nearly 80 percent of global CEOs describe the current investment environment in the Gulf as very or somewhat attractive

Israel calls for immediate release of hostages, reports two Thai people held in Gaza killed

The Israeli army said Thursday that two Thai hostages earlier believed to be alive in Gaza were killed in the...
  • There are now six Thai hostages being held in Gaza, according to an AFP tally
  • Families of Israeli hostages urged the UN Security Council to call for the immediate release of hostages held by Hamas in Gaza

Türkiye’s traditional realty charm: Alive or fading?

Driven by its strategic location, cultural heritage, and government incentives, Türkiye's real estate market remains a focal point for regional...
  • Driven by its strategic location, cultural heritage, and government incentives, Türkiye's real estate market remains a focal point for the region amid economic fluctuations.
  • Despite challenges, the ongoing infras and urban renewal projects in Türkiye, a country straddling Europe and Asia, signal a promising horizon for property investments.

Hyperloop progress: Racing ahead or falling behind?

Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023...
  • Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023 despite significant investments.
  • Despite significant investment, Virgin Hyperloop shut down in 2023, as technical challenges, safety concerns, and high costs continue to hinder hyperloop implementation.

Hyperloop progress: Racing ahead or falling behind?

Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023...
  • Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023 despite significant investments.
  • Despite significant investment, Virgin Hyperloop shut down in 2023, as technical challenges, safety concerns, and high costs continue to hinder hyperloop implementation.

Bahrain: Ideal business incubation hub in GCC?

The Kingdom's openness to 100 percent foreign ownership for onshore firms and zero-tax policy make enhance its appeal as business...
  • Bahrain boasts robust logistics infrastructure including Salman Port and Khalifa Port.
  • The setting up cost is around 10-15 percent of what you're going to pay in other top GCC countries.

Tesla’s Musk throws down the gauntlet

Amid declining sales and safety concerns, CEO covets more control, seeking solace in SpaceX's success.
  • Tesla has lost over US$90 billion in market cap, a rough landing in 2024, and a continuation of a slide that could crash the EV maker’s stock value, data from Refinitiv revealed.
  • There is declining growth in EV production and a wider slowdown in the market that has Tesla investors nervous.

Bullish Bitcoin: Halving looms, miners face squeeze

Bitcoin’s mass adoption is growing and projected in the next four years to have around 1 billion users.
  • Bitcoin has continued its rally in 2024, reaching the $48,000 level on Jan 9 and creeping towards the nearly $70,000 mark it reached in November 2021.
  • The next Bitcoin halving event is expected late this April when Bitcoin block rewards drop from 6.25 BTC to only 3.125 BTC per block.

GCC in the crossfire amid growing US-China tech war

Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.
  • Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.
  • The semiconductor battle, with Abu Dhabi-based G42 cutting its ties with Huawei, is a prime example of the region’s strategic maneuvering in this global power play.

GCC in the crossfire amid growing US-China tech war

Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.
  • Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.
  • The semiconductor battle, with Abu Dhabi-based G42 cutting its ties with Huawei, is a prime example of the region’s strategic maneuvering in this global power play.

Software solutions that minimize cost overruns, delays in construction  

Project management software solutions have emerged as essential tools to streamline construction operations, enhance efficiency, and improve project delivery. They...

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Latest News

Türkiye’s traditional realty charm: Alive or fading?

Driven by its strategic location, cultural heritage, and government incentives, Türkiye's real estate market remains a focal point for regional...

Hyperloop progress: Racing ahead or falling behind?

Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023...

Hyperloop progress: Racing ahead or falling behind?

Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023...

Most Read

Tesla’s Musk throws down the gauntlet

Amid declining sales and safety concerns, CEO covets more control, seeking solace in SpaceX's success.
  • Tesla has lost over US$90 billion in market cap, a rough landing in 2024, and a continuation of a slide that could crash the EV maker’s stock value, data from Refinitiv revealed.
  • There is declining growth in EV production and a wider slowdown in the market that has Tesla investors nervous.

Bullish Bitcoin: Halving looms, miners face squeeze

Bitcoin’s mass adoption is growing and projected in the next four years to have around 1 billion users.
  • Bitcoin has continued its rally in 2024, reaching the $48,000 level on Jan 9 and creeping towards the nearly $70,000 mark it reached in November 2021.
  • The next Bitcoin halving event is expected late this April when Bitcoin block rewards drop from 6.25 BTC to only 3.125 BTC per block.

GCC in the crossfire amid growing US-China tech war

Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.
  • Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.
  • The semiconductor battle, with Abu Dhabi-based G42 cutting its ties with Huawei, is a prime example of the region’s strategic maneuvering in this global power play.