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TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

GCC-UK Trade Summit 2021 to boost trade, investment

    • Virtual event promises to catalyze a new era of economic collaboration

    • Day-long summit will host discussions featuring high-profile investors from  KSA, Gulf, and top experts from the UK

    The longstanding ties between the UK and the Gulf Cooperation Council are set to receive a major fillip as the biggest names from the region’s business world meet with top experts and decision-makers at the GCC-UK Trade Summit 2021 on June 29 to discuss ways to boost bilateral trade and investment.

    The Gulf region accounts for as much as $50.8 billion out of the estimated $57.2 billion annual trade between the UK and the Middle East.

    Held virtually, the summit is the most important forum for businesses and investors from the GCC and the UK to exchange ideas and experiences, discuss investment opportunities, and forge strategic partnerships.

    The summit will put the spotlight on key topics of mutual interest including the ongoing economic diversification initiatives in the GCC, investing in the UK, emerging foreign investment opportunities spurred by large-scale tourism and infrastructure projects in the Gulf region.