Tesla launches Shanghai battery plant project
The project was announced in April after Tesla chief Elon Musk presented a vague but ambitious plan to investors to...Business
UAE central bank cash deposits up by 10.2% in Oct to $187 billion
Abu Dhabi, UAE -- The Central Bank of the UAE (CBUAE) said Thursday cash deposits surged to AED 687.2 billion...Business
Saudi, UAE lead MENA region in 5G deployment
The MENA region will have 80 million 5G subscriptions, representing about 10% of total mobile subscriptions by 2025, according to...The total number of Saudi Governorates covered by 5G coverage increased to 53 in Q1 2021
The UAE ranks third internationally among countries with the fastest data download speeds in 5G networks, according to an analysis by “Opensignal”
Apple ordered to loosen app payment system
Epic had launched the case to break Apple's grip on App Store.The order says Apple is permanently barred from prohibiting developers from including in their apps "external links or other calls to action that direct customers to purchasing mec
The case aims to break Apple's grip on the App Store, and the ruling could have far-reaching consequences across the digital economy
Jordan’s gaming app Jawaker sold for $205m to Stillfront Group
The popular Jordanian online card game studio, Jawaker, was bought by global gaming company Stillfront Group in a $205 million...The game studio operates a hub with more than 30 products, and over 50% of Jawaker’s users play two or more games every week using the app
The buyout allows Stillfront Group to strengthen their foothold in the MENA region
Saudi e-invoicing scheme to come into force in three months
Saudi Arabia’s e-invoicing project, Fatoorah, will come into force in a little under three months, according to Zakat, Tax and...The shadow economy costs the Kingdom up to $107 billion annually
Under the new regulation, buyers and sellers will have a digitized system that allows the smooth exchange and processing of invoices, credit notes, and debit notes
Saudi Arabia decides to accept IATA Travel Pass
IATA Travel Pass is a personal secure digital wallet solution that helps travellers understand travel requirements and present their verified...IATA and Saudi Arabia are working to restore international travel.
More than 80 airlines have announced trials of the IATA Travel Pass
Saudi Arabia to host region’s first poultry event of its kind
The first Middle East Poultry Exhibition and Conference will be held under the theme Contribution of Enhancing Food Security.The event will be held at the Riyadh International Convention and Exhibition Center from March 14 to 16, 2022
It aims to be a landmark event for the scientific and commercial exchange in the poultry industry at the local and regional levels
UAE firm retained as IPL healthcare partner
The Board of Control for Cricket in India has renewed retained VPS Healthcare as its healthcare partner for the Indian...VPS Healthcare has set up a 100-member multidisciplinary team for sports medicine and Covid-19 management
Two medical teams, comprising doctors, nurses, paramedics and lab technicians, will be assigned to each stadium for every match
Egypt eyes $1bn investments as Africa Finance Corporation member
Egypt, the most populous nation in North Africa, has already seen some investments from the AFC.Founded in 2007, the AFC is dedicated to investing in private sector infrastructure projects across Africa
It is said to have invested $8.7 billion in projects in 35 African nations since its establishment
Gulf Craft expands footprint in Europe
Growing order book resulted in a 42 per cent uplift in H1 2021The company has added eight new distribution partners across 12 countries in Europe
Growing order book resulted in a 42 per cent uplift in H1 2021
Gulf Air to start flights to Tel Aviv
The airline will operate two weekly flights from September 30The announcement follows the signing of political, commercial and civil aviation agreements between Bahrain and Israel
The airline will operate two weekly flights from September 30