ADB plans to invest US$100bn to maximize climate impact
MANILA, PHILIPPINES - Setting the scene for a low-carbon and climate-resilient Asia and the Pacific, the Asian Development Bank (ADB)...
Economy
43% people in Saudi likely to make more cross-border payments in 2023
Riyadh, Saudi Arabia -- Nearly 43 percent of people in Saudi Arabia expect to send cross-border payments more frequently in...
Business
South Sudan: New WB funding to address food insecurity, locust crisis
Two new projects totaling $116 million aim to restore livelihoods, food security The country faces increasing levels of food insecurity...
Real Madrid star praises UAE’s healthcare system
Vieria was speaking to media at Burjeel Hospital for Advanced Surgery, Dubai The hospital exclusively caters to sports medicine and...
Nutanix, Hewlett Packard expand partnership
Cloud service enables customers to deploy applications and databases in minutes Customers using Nutanix Era reported a positive experience in...
Morocco to get extra WB funding to combat climate risks
World Bank approves $100 million to help Morocco withstand natural disasters This is in addition to an existing $200 million...
LG video spotlights global fashion waste
#CareForWhatYouWear online campaign has achieved 100 million views worldwide The video highlights the need to take better care of the...
Dubai: Non-oil foreign trade grows 10% to $96 billion
Exports grow 25 percent to Dh50.5 billion. Imports account for Dh204.8 billion, growing 9 percent Gold tops the list of...
UAE sends aid to over 35,000 families in Northern Lebanon
More than 178,000 people benefit from aid UAE says its leadership had directed to launch the initiative to help Lebanese...
UAE among top 20 countries in tolerance, coexistence indices
UAE ranked fourth in the Tolerance With Foreigners index, seventh in the Social Cohesion Index Higher ranking means it has...
Bahrain, UAE to cooperate in teaching AI, digital economy skills
UAE’s National Program for Artificial Intelligence and Bahrain’s Nasser Vocational Training Centre have signed a pact The parties will also...
Mystery bidder buys trip to space with Jeff Bezos for $28 million
Bezos, his brother, the bidder and the fourth and final crew member will fly to the edge of space and...
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
ADB plans to invest US$100bn to maximize climate impact
MANILA, PHILIPPINES - Setting the scene for a low-carbon and climate-resilient Asia and the Pacific, the Asian Development Bank (ADB)...
Economy
Company News
ADIA acquires hotel portfolio
Business
Riyad Bank H1 profit up 27%
Business
Latest News
Lebanon central bank declines to address nation’s deficit through lending
Beirut, Lebanon -- Acting Lebanese Central Bank Governor Wassim Mansouri has said the bank will not be providing government lending...
Economy
Mawani and Rotterdam Port partner to develop smart ports
Jeddah, Saudi Arabia-- The Saudi Ports Authority (Mawani) has reached a partnership deal with Port of Rotterdam to collaborate in...
Business
Saudi industry ministry and German firms to develop human resources
Berlin, Germany -- A delegation of Saudi Ministry of Industry and Mineral Resources, which visited Germany, discussed enhancing cooperation to...
Business
Most Read
Arts & Culture
Most expensive American falcon sold for $146,000 at Saudi auction
Riyadh, Saudi Arabia -- An American pure ultra-white falcon cherrug sold for SAR550,00 ($146,000) at the third edition of the...
- The most expensive falcon, known locally as a Hur, belongs to the American MGE farm. It measures 18 inches in length and 18.5 inches in width and weighs 1.4kg.
- The bidding for the falcon started at SAR200,000 before being sold for SAR550,000 ($146,000).
Business
HR ministry and Bayt.com sign MoU to boost talent retention in UAE
Abu Dhabi, UAE -- The Ministry of Human Resources and Emiratization (MoHRE) of the UAE and job search and recruitment...
- The MoU was signed by Khalil Al Khoori, Undersecretary of MoHRE for Human Resources Affairs, and Rabea Ataya, CEO of Bayt.com.
- The UAE was ranked second globally across five indices within the World Competitiveness Yearbook 2022 such as the percentage of expatriate workforce.
Business
Vietnam’s VNG files for US IPO
VNG operates music streaming, mobile payment and online games.
- Its Zalo is one of the most popular messaging platforms in the country, with 75 million monthly active users.
- VNG plans to sell nearly 22 million shares in the IPO, according to a US Securities and Exchange Commission filing, with the proposed price range not yet set.