56% Saudi consumers willing to pay premium for green transportation
Riyadh, Saudi Arabia -- An overwhelming 80 percent of consumers across 16 diverse nations now identify climate change as the...
Geostrategy
$9.9bn transport investments boost Qatar’s logistics efficiency
Dubai, UAE -- Qatar Chamber has underscored Qatar's significant strides in the transport sector, positioning the nation as a formidable...
Business
UAE, Lithuania explore economic cooperation prospects
Lithuania's pavilion at EXPO 2020 Dubai will be inspired by concepts of innovation, sustainability and innovation
India exports grew 67 percent in May despite Covid-19 caseload
Sector-wise, the increase was spurred by growth in demand for engineering goods, petroleum products, gems, jewelry, pharmaceuticals and iron ore
Global food prices rise fastest in May: FAO
Surge in international prices of vegetable oils, sugar and cereals lead to the increase in Food Price Index
$163m weeklong real estate transactions in Dubai
164 plots sold for AED 819.02 million, 1,030 apartments and villas sold for AED 2.22 billion
Ajman Chamber presents Orient Insurance bundles to its members
Bundles cover health, car, travel, property and occupational injury insurance among others Chairman of the Chamber's Board of Directors reaffirms...
Saudi Arabia National Housing and Bank Albilad in $533 m deal for infrastructure
The deal is part of the Saudi Vision 2030 to give more ownership of homes to Saudi families  CEO Bank...
All cabs running in Dubai to be fully electric or hybrid by 2027
Special incentives to be given to cabbies to convert their cabs into either of the two variants
Saudi car rental firm posts 40% growth in 2020
Vehicle rental market in the country is forecast to grow 7.5 percent until 2026
Emkan named fastest-growing digital microfinance firm in Saudi Arabia
The company will add Instalment Finance, Auto Finance, SMEs Finance, credit card issuance to its offerings
Cybersecurity expert Shenoy to expand Cyble footprint in META
Cyble was recognized by Forbes as one of the top 20 best cybersecurity startups to watch in 2020
56% Saudi consumers willing to pay premium for green transportation
Riyadh, Saudi Arabia -- An overwhelming 80 percent of consumers across 16 diverse nations now identify climate change as the...
Geostrategy
Company News
Arada H1 sales $1.15bn
Business
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ACWA Power announces financial close on $2.4bn Saudi solar projects
Riyadh, Saudi Arabia -- A consortium of ACWA Power and subsidiaries of Saudi sovereign wealth fund, Public Investment Fund, and...
Business
NDF helps in financing of US$2.2bn renewable energy project
RIYADH, SAUDI ARABIA - The National Development Fund (NDF) on Sunday said it will contribute US$453 million (SAR1.7 billion) to...
Business
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Geostrategy
Japan prepares to hold foreign ministers meet with GCC nations in Sept
Tokyo, Japan -- Japan is preparing to hold a foreign ministers' meeting with the six member states of the Gulf...
- Japan relies on the six countries that make up the GCC -- Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates -- for over 90 percent of its crude oil.
- Foreign Minister Yoshimasa Hayashi is expected to attend the meeting, with visits to Egypt and Jordan also under consideration, Kyodo News said.
Arts & Culture
25 teams attending Afro-Arab Esports League 2023 in Saudi Arabia
Riyadh, Saudi Arabia -- The Afro-Arab Esports League, which opened Saturday in Saudi Arabia, will see participation from over 25...
- These teams will compete for three days in a variety of tournaments tailored for both men and women, covering popular games such as eFootball and Valorant.
- Prince Faisal bin Bandar bin Sultan said the arrangement of the Afro-Arab Esports League demonstrated of the sector's importance in both the Arab and African realms.
Business
Brazilian exports to Arab countries up 8% in seven months
Dubai, UAE -- The Arab Brazilian Chamber of Commerce (ABCC) recorded a surge of 8 percent in Brazilian exports to...
- Brazilian exports to the the kingdom totaled to $1.873 billion in the first seven months of 2023, while exports to exports to the United Arab Emirates amounted to $1.646 billion.
- Kuwait also witnessed an increase in the Brazilian exports, which amounted to $157.78 million during this period.