Its third-quarter net profit jumped to US$7 billion.
Jeddah, Saudi Arabia - The Jeddah Central Development Company, a company owned by the Public Investment Fund (PIF), signed four...
The first agreement was signed between Careem and Kiwibot to develop food and grocery delivery robots.The first agreement was signed between Careem and Kiwibot to develop food and grocery delivery robots
Majid Al Futtaim and Yandex have partnered to explore the independent technology solutions to enhance the scope of the last-mile delivery of Carrefour orders
70% passenger loss is forecast for the Middle East which is reeling under lockdowns, travel, and quarantine restrictions and 56%...70% passenger loss is forecast for the Middle East which is reeling under lockdowns, travel, and quarantine restrictions and 56% for the Middle East
Airport revenues are predicted to decline by US$ 34 billion in Asia-Pacific and US$11 billion in the Middle East by the end of 2021
Face recognition technology could compromise privacy, target marginalized groups, and normalize intrusive surveillance, according to critics.Face recognition technology could compromise privacy, target marginalized groups, and normalize intrusive surveillance, according to critics
The news also comes as Facebook has been under intense scrutiny from regulators and lawmakers due to its platform abuses and user safety
The oil prices would average US$70 per barrel in 2021, Garbis Iradian, chief economist for MENA at IIF, tells TRENDS...Garbis Iradian, chief economist for MENA at Institute of International Finance (IIF), tells TRENDS in an exclusive interview that the prices would average US$70 per barrel in 2021
There are expectations of the US oil production recovery in 2022, which would increase the supply easing pressure of price
Signs MoUs with Huawei, Nokia, Tata, BTAS and MSSP pact with Fortinet.The MoU with Huawei entails mutual cooperation for the full deployment of the 5G network within the SME sector.
Zain's agreement with Tata Communications includes joint projects related to SD-WAN and global contact centers.
Al Maryah Community Bank LLC, UAE’s first digital bank, has appointed Adeeb Ahamed as advisor to the Board Members. He...Al Maryah Community Bank, which started operations earlier this year, is a community oriented financial services provider
The Board comprises leaders from diversified sectors of economy, and Adeeb’s inputs as an Advisor will help improve the bank’s strategic direction
DP World and the Indonesia Investment Authority (INA) have signed an agreement to form a consortium and working team to...The investments would include inland terminals, cargo parks, feeder network systems, landside transport and industrial zones.
They will also explore collaboration with the Indonesia Port Corporations (Pelindo).
- There is a great demand from distributors for films in Saudi Arabia, which is borne by the fact that more...
CEO of the General Commission for Audiovisual Media holds meet with Warner Bros EMEA head.
The participants say the film industry in the kingdom will witness a 'qualitative renaissance'.
The listing is part of the Securities and Exchange Higher Commission’s strategy to increase the size of the stock market...The listing is part of the Securities and Exchange Higher Commission’s strategy to increase the size of the stock market in the Emirate to AED3 trillion
The move is likely to raise the competitiveness of bourses and encourage more initial public offerings
- The firm expects the assets to reach $500m within three years.
SHUAA has managed the equity and debt portfolios of five major insurance firms.
The company is focused on strategically growing its insurance assets under management, said MD SHUAA.
