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SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.
  • Social media’s evolving role in GCC spotlighted at Doha conference

    Doha, Qatar – The Qatar Investment and Innovation Conference, held on Wednesday, at Barahat Msheireb in Msheireb Downtown Doha, brought...

    The conference, co-hosted by Msheireb Properties and The Business Year, explored critical themes critical to the GCC’s position as a leading investment hub

    Julien Hawari, CEO of Million and Sirius Lab, highlighted key social media trends in the region, such as the rise of content driven by younger, tech-savvy demographics

  • Masdar targets 100 GW of clean energy by 2030

    Abu Dhabi, UAE - Fatima Al Suwaidi, Head of Development & Investment (APAC) at Masdar, has affirmed the company's ambitious...

    Masdar has successfully implemented 31 GW of clean energy projects across 40+ countries, expanding its global footprint

    In 2024, Masdar doubled its clean energy production capacity, underscoring its leadership in the sector

  • Creators HQ, X announce strategic partnership to produce authentic, meaningful content

    Dubai, UAE - Creators HQ in the UAE, the world’s first international hub for the content economy’s creators and entrepreneurs,...

    The collaboration aims to create purposeful, credible and quality global content that reinforces the UAE’s status as a leading hub for the creative economy

    This initiative coincides with the 1 Billion Followers Summit, the world’s largest summit dedicated to the content creator economy,

  • Latifa bint Mohammed awards UK’s Simon Squibb with ‘One Billion Award’ at 1 Billion Followers Summit

    Dubai, UAE - Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, presented the...

    The award ceremony was held during the third edition of the 1 Billion Followers Summit, the world’s largest gathering dedicated to the content creator economy

    Valued at US$1 million, the award stands as the world’s largest and most significant recognition for impactful content creators

  • 1 Billion Followers Summit: AI’s transformative role in content creation highlighted by YouTube, Meta, Duolingo

    Dubai, UAE - The 1 Billion Followers Summit, the world’s largest event dedicated to the content creator economy, brought together...

    YouTube's Regional Director for the Middle East, Africa, and Turkey, shared insights on the pivotal role of ultra-short videos in reshaping digital content

    Fares Akkad, Regional Director for the Middle East and North Africa at Meta, revealed the company’s vision for AI and emerging technologies in content creation

  • Content creation key to awareness, culture, human development: Dubai ruler

    Dubai, UAE -- Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, attended part of...

    The three day 1 Billion Followers Summit is being held in the UAE at Emirates Towers, the Dubai International Financial Centre, and the Museum of the Future in Dubai,

    For the first time globally, leading platforms including Snapchat, X, YouTube, TikTok, LinkedIn, and Meta (Facebook, Instagram, WhatsApp) have come together in one place

  • Over 300 keynotes, panels, main sessions at 1 Billion Followers Summit’s third edition

    Dubai, UAE - The third edition of the 1 Billion Followers Summit, the world’s first and largest event dedicated to...

    The Summit, organized by the UAE Government Media Office, will be hosted in the UAE from 11th to 13th January 2025

    Participants will discuss strategies for expanding the creative industry and enhancing its contribution to development plans, both regionally and globally

  • Dubai vs Doha: The Battle for Creator Economy Supremacy and Innovation in the Middle East

    Dubai’s aggressive initiatives like the 1 Billion Followers Summit and specialized creator visas put it ahead in attracting global talent,...

    Dubai is aggressively positioning itself as a global hub for the creator economy, leveraging infrastructure, regulations, and location

    Doha’s Qatar Media City aims to attract media and digital companies, establishing the city as a regional innovation hub

  • 2025 IT Security Predictions

    Cloudflare, a leading connectivity cloud company recently published an Op-Ed by Grant Bourzikas, CSO, tackling IT security predictions for 2025

    Hyper-focus on “digital transformation” over the past few years has left security in the dark

    As disinformation continues to plague society, it will begin to trickle into AI models

  • All six lines of Riyadh Metro are now operational

    The Royal Commission for Riyadh City (RCRC) announced that the phased rollout of Riyadh Metro culminated as of Sunday, Jan....

    The Royal commission announced the operation of three new stations on the Blue Line

    Riyadh Metro users will be received from 6:00 am until 12:00 midnight