CES gadget fest a showcase for AI-infused lifestyle
The annual Consumer Electronics Show gathering boasts more than 3,500 exhibitors and is expecting some 130,000 visitors. Companies big and...Business Tech & Media
Etihad Airways spreading wings to embrace new skies
"Our goal is to usher in a new era of sustainable growth, anchored by a solid strategic plan," he adds,...Business
Union Properties exits Dubai shopping deal
The deal with an unnamed developer was valued at $114m.The company chairman calls the deal a part of the firm's plans for diversifying the real-estate portfolio.
Union Properties posted a profit of AED 32 million for H1.
Dubai real-estate transactions for August cross $4bn
These are the latest numbers from the 18th edition of Mo’asher, which is Dubai’s official sales price index.The number of transactions in August 2021 was 5,780
They are said to be worth AED14.97 billion (around $4.08 billion)
Abu Dhabi to use drones for delivery of vaccines and drugs
DUBAI: Abu Dhabi's department of health (DoH) will be using drones for the transport of high-value medical goods such as...US-based Matternet partners with logistics company Skygo and Department of Health for 'world's first city-wide medical drone network.
SkyGo and Matternet have completed the first phase of in-country flight testing.
23 solar panel plants to come up across Saudi Arabia
DUBAI: As many as 23 factories that will manufacture solar panels and systems will be set up across Saudi Arabia,...The factories will be established in 12 industrial cities, according to Modon.
Products to be manufactured include Solar cells, slim panels for generating solar energy, solar energy panels.
Adnoc Drilling IPO increased
Adnoc Drilling will list on the ADX on or around October 3.The increase is expected to be from 1.2 billion ordinary shares to 1.76 billion ordinary shares
However, the offer price of AED 2.30 per share remains unchanged
Saudi Arabia workshop woos German investors
The workshop discussed the most prominent ways to expand the current investments in line with Saudi Vision 2030.Saudi Arabia is opening up its economy while diversifying it to lessen its dependence on oil
It is believed to have investment opportunities worth SAR12 trillion (€2.7 trillion or $3.2 trillion)
Tradition in Tehran’s oldest teahouse
Tucked in an alleyway of the Grand Bazaar, Kazem Mabhutian’s 1.5-square-metre chaikhaneh (tea house) is invisible from the main street.Tucked in an alleyway of the Grand Bazaar, Kazem Mabhutian’s 1.5-square-metre chaikhaneh (tea house) is invisible from the main street.
And yet it is the most famous among tea connoisseurs in the Iranian capital
Iraqi cement-makers angry at fuel subsidy cut
The oil ministry earlier this month raised the price of fuel sold to cement manufacturers from 150 dinars per litre...The measure has caused industry outrage in the crisis-hit country, where some regions are still waiting for post-war reconstruction
The subsidised fuel price for cement manufacturers was originally approved in exchange for their commitment to cap the price of cement
Gulf region poised for higher growth in 2021: Expert
The economies of the region are recovering fast on the back of the rising oil prices and speedy vaccination programs,...The economies of the region are recovering fast on the back of the rising oil prices and a reasonably speedy vaccination program
In 2022, tourism should also significantly boost growth, resulting in recovery in the non-oil sector as domestic consumption and investment demand improves
Drydocks World develops ‘South Yard’
The latest project is aimed at increasing the company’s fabrication capacity.The firm is building a dedicated facility for new building projects comprising 70,000 sq.m. area
The world-class yard will feature cutting-edge equipment, a much leaner execution process and a facility for heavy structures
