Schneider Electric, Charge&Go ink pact
The aim is to develop EV charging facility in the UAE.
Business
Vodafone Qatar 2023 profit up
The 2023 net profit of Vodafone Qatar increased to $148 million.
Business
Business
Saudi seeks British investment in industrial and mining sectors
Saudi Arabia is seeking to convince investors and companies in Britain to make investments in the kingdom's industrial and mining...
- In this connection, Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef held a meeting with companies and investors in Britain
- The ministry of Industry also invited attendees to the international mining conference that the Kingdom holds annually in the city of Riyadh
Business
UAE: a trendsetter in regulating cryptocurrency market
The UAE, Japan and Singapore have emerged as the trendsetters in regulating the crypto-currency market effectively, according to a top...
- The UAE has moved past the stage of appealing for existing authorities to work together
- By pushing ahead to promote cryptocurrencies and ensure official oversight, the UAE puts it ahead of other countries and jurisdictions
Geostrategy
Iraqi PM meets Saudi Crown Prince, traveling to Iran later
Al-Kadhimi’s visit, reports said, is aimed at reactivating Baghdad-mediated talks between the kingdom and Iran.
- Al-Kadhimi’s visit, reports said, is aimed at reactivating Baghdad-mediated talks between the kingdom and Iran
- The Saudi-Iran talks began in Baghdad in 2021 are geared to defuse longstanding tensions between the regional rivals
Geostrategy
Crown Prince of Saudi Arabia meets with Pakistan army chief
Saudi Arabia and Pakistan reviewed bilateral relations in a meeting between Crown Prince Mohammed bin Salman and Pakistan army chief...
- The meeting reviewed bilateral relations, especially in the military fields, and opportunities for developing them, in addition to a number of issues of common interest
- King Salman bin Abdulaziz Al Saud and the Crown Prince decorated the Commander of the Pakistani Army with King Abdulaziz Medal of Excellent Class
Geostrategy
DEWA, Azerbaijan discuss bilateral ties, energy, business prospects
DEWA and Azerbaijan discuss investment in oil exploration and production projects, crude oil trading and reviewed issues of mutual interest...
- DEWA , Azerbaijan discussed investment in oil exploration and production projects, crude oil trading
- The two sides reviewed issues of mutual interest in the energy sector and long-term investment opportunities
Economy
Skilled worker shortage hits Qatar, Kuwait: Report
75 percent of respondents in Kuwait and 60 percent in Qatar said their country has a shortage of people with...
- 75 percent of respondents in Kuwait and 60 percent in Qatar said their country has a shortage of people with specialised skills
- In Saudi Arabia and the UAE, 58 percen and 46 percentt of respondents respectively said that there is a skilled labour shortage
Economy
With $833bn in output, Saudi continues to be largest Arab economy
Saudi Arabia has consolidated its position in the Arab world as the largest economy, posting a domestic output of $833.5...
- The UAE was the second largest Arab economy, with $410 billion — 14.6 percent of the total
- Egypt ranked third, with a production of $402.8 billion
Business
Saudi Arabia to invest $3bn in vaccines, vital medicines industry
Saudi Minister Bandar bin Ibrahim Alkhorayef said that the targeted pharmaceutical sectors whose value exceeds US$5 billion will be implemented...
- Saudi Minister Bandar bin Ibrahim Alkhorayef said that the targeted pharmaceutical sectors whose value exceeds US$5 billion will be implemented in several stages
- The second phase, the minster said, will focus on localising immunological and cancer treatments technologies
Geostrategy
Abu Dhabi officials in Canada to discuss clean energy solutions
A delegation from the Abu Dhabi Department of Energy (DoE) is visiting Canada to meet senior government officials and stakeholders...
- Department of Energy officials in Canada showcase Abu Dhabi’s experience in promoting energy efficiency and sustainability
- The officials discuss opportunities for collaboration in energy efficiency and advanced clean energy solutions
Geostrategy
Saudi Arabia, Djibouti sign agreement on maritime transport
The Kingdom of Saudi Arabia has signed a joint cooperation agreement in maritime transport with the Republic of Djibouti which...
- The maritime transport pact between Saudi Arabia and Djibouti aim to strengthen relations at the strategic level
- The agreement aims to open new horizons for cooperation in various fields between the two countries
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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
Schneider Electric, Charge&Go ink pact
The aim is to develop EV charging facility in the UAE.
Business
Company News
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Mubadala acquires stake in ACX
Business
Tourists, cruises, flights to Aqaba on the rise in December
AQABA, JORDAN - The southern city of Aqaba is welcoming an increasing number of local visitors and foreign tourists of...
Economy
UAE tax decree: Profits above $102,099 to be taxed at 9 percent
Abu Dhabi, UAE---The UAE has issued a decree on the Taxation of Corporations and Businesses, the Corporate Tax Law, under...
Economy
IFC, UNHCR to jointly boost private sector engagement for refugees, host communities
GENEVA, SWITZERLAND - The International Finance Corporation (IFC) and UNHCR, the UN Refugee Agency, Friday announced a joint initiative to...
Geostrategy
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Economy
Japan provides $110m soft loan to support Jordan’s energy sector
The loan is part of Japanese government's pledges to the Jordanian government at the 2019 London Conference.
- The loan is part of Japanese government's pledges to the Jordanian government at the 2019 London Conference
- Japanese ambassador Okuyama said that the loan would support the Jordanian government's comprehensive reform efforts
Business
e& partners with Bespin Global to offer cloud managed services in METAP region
The Joint Venture will be 65 percent owned by e& enterprise and 35 percent by Bespin Global.
- The JV will be 65 percent owned by e& enterprise and 35 percent by Bespin Global
- e& enterprise will be making a primary investment of $60 million in Bespin Global
Economy
UAE leads Arab world in IMD World Talent Ranking 2022
The country was ranked among the top ten in nearly 30 percent of the report’s indexes.
- The country was ranked among the top ten in nearly 30 percent of the report’s indexes
- World Talent Report is published annually by the Institute for Management Development in Lausanne, Switzerland since 2013