Google Chrome begins restricting cookies in first step towards elimination
Paris, France - Google has begun limiting third-party cookies for some users of its Chrome web browser, a first step towards...Business Global Tech & Media
Yanbu industrial port receives first RORO vessel, carrying nearly 2,000 cars
Yanbu, Saudi Arabia - The King Fahad Industrial Port in Yanbu welcomed the arrival of the "Hoegh Sydney," marking the...Business
Oman discusses green energy with Belgium
Oman already has a roadmap ready for a green economy, one which it discussed with the UNEP earlier this month.The meeting reviewed aspects of joint cooperation between the two countries and means of enhancing them
The two sides also touched upon means of completing the agreements that boost partnership
ADNOC Drilling IPO raises $1.1bn
The UAE's state oil giant will be listed on ADX on October 3.ADNOC said the offering was oversubscribed 31 times, with significant demand from UAE Retail Investors and Qualified Institutional Investors.
Upon listing on the ADX, ADNOC will continue to own a majority 84 percent stake in the Company.
PIF acquires 25 percent stake in EEC
Under the deal, EEC transferred part of its loan to PIF in exchange for company shares.Under the deal, EEC transferred part of its loan - worth $755 million- from the Ministry of Finance to the PIF in exchange for company shares.
PIF believes that the transaction will also accelerate the development of EEC by establishing King Abdullah Economic City.
Turkey to buy more defense systems from Russia
Turkey still intends to buy a second batch of S-400 missile defense systems from Russia, its president has said.The United States imposed sanctions on Turkey's Defense Industry Directorate and its chief following the acquisition of the first S-400s
Washington has repeatedly said acquisition of this second batch would almost certainly trigger new sanctions
Sharjah, Saudi Arabia discuss real-estate investment
The discussions took place between the Sharjah Chamber of Commerce and Industry and the National Real Estate Committee of the...The meeting witnessed recommendations that centered on coordination to organize a joint real-estate event during ACRES 2022
The two parties also discussed prospects for cooperation and bilateral partnerships in various fields in the real-estate sector
Iraqi Kurdistan seeks to attract Turkish investors as gateway to wider markets
DUBAI: Iraq's Kurdistan is a gateway for Turkish firms to explore the wider Iraqi market, President Nechirvan Barzani said as...The semi-autonomous region is a gateway for Turkish firms to explore the wider Iraqi market, says president Nechirvan Barzani.
Iraq is among Turkey's largest markets for exports, which reached $1.9 billion in 2020.
Riyadh Season 2021 has ‘big surprises’ in store
The event featuring concerts, theater performances, wrestling matches aims at making the Saudi capital a tourism entertainment destination.This year's slogan is #Imagine_More, as its events will be held in an area of 5.4 million square meters.
The event is also an opportunity to showcase the outcome of several national goals, such as raising the level of the entertainment industry sector.
Semiconductor shortage slows down GCC auto sector
Auto exports to the region are likely to suffer for the next more than a year due to an estimated...Toyota Middle East has pledged it would do its best to avoid inconvenience to customers waiting for delivery of vehicles.
On an average, a car needs around 1400 chips. Electric vehicles utilize even more.
Banks rule GCC in market capitalization
Banking firms in the Arabian Gulf countries dominate the list of top companies in terms of market capitalization with Saudi...Al Rajhi Bank's market capitalization stands at $80.65 billion
In energy sector, Saudi Aramco is much ahead of others with $1.86 trillion
Dubai Airshow 2021 ties up with global aerospace bodies to support startups
Dubai Airshow 2021 is collaborating with global aerospace entities in order to provide 'disruptive' startups with an opportunity to showcase...The VISTA pitch competitions will run across three categories covering areas that are key for the continued growth of the industry
Startups will be offered the opportunity to present their solutions to the aerospace ecosystem, tech leaders and investors
