TAQA, GS Inima and EWEC seal deal
Abu Dhabi's Shuweihat 4 desalination project secures $444 million.Company News Business Climate Change
Nike shares tumble after cost cuts
Nike promised up to $2 billion in cost savings Thursday.Company News Business
Truckmaker Scania pauses production over chip shortage
This week's suspension is Scania's first since the coronavirus pandemic forced a production halt in April 2020This week's suspension is Scania's first since the coronavirus pandemic forced a production halt in April 2020
"It's a difficult period and too many things are pointing in the wrong direction," Scania spokeswoman Karin Hallstan told AFP
Abu Dhabi Media taps STARZPLAY to stream AFC matches
Enthusiasts may buy a subscription of 2 sports channels for AED15 (a little more than $4) or the entire STARZPLAY...From September, the matches are expected to be streamed on STARZPLAY
The streaming will start with the Asian qualifying matches for the FIFA World Cup 2022 in Qatar
Foreign investment in Saudi markets rose 150% in Q2
The sectors in the country that attracted the most foreign investment were banking, basic items, energy, and communications.Saudi Arabia was granted membership of the World Trade Organization in 2005
This is opened up the country to ever-increasing investments from foreign parties
Turkey buys drones from firm where Erdogan kin is CTO
The drones have been made by Baykar, whose CTO is the son-in-law of Tuekey’s president.The UAVs, called Akinci, have been made by private drone-maker Baykar
The Turkish military on Sunday took delivery of these drones, whose name means “raider” in Turkish
Etisalat to partner with GMIS on 5G
The UAE-based company will share practices at GMIS 2021.The GMIS is being held at Expo 2020’s Dubai Exhibition Centre.
Discussions will focus on government , society, women in leadership and the UAE’s Operation 300bn.
EGA sees $473m profit in H1
This was the company’s strongest H1 financial performance ever.EGA supplied some 442 customers in 57 countries with metal in the first half of 2021
In the UAE, the company supplied 140,000 tons of metal to local customers
Jeddah asks traders to stick up QR code on shop fronts
Aiming to improve the quality of services and goods provided to Jeddah resident, the Municipality has called on businesses to...“The mandatory service is part of the modern services launched by the Ministry of Municipal, Rural Affairs and Housing through the ‘Balady’ platform”
the QR code aims to improve the quality of services and goods provided to Jeddah residents by promoting effective digital communication
Kuwait to transform ‘tire graveyard’ into new city
After 17 years of accumulation of end-of-life tires, the dump was spread across 2 sq km, with 40 million tires...Three massive fires between 2012 and 2020 sparked environmental concerns, prompting the authorities to shut it down for good
In past months, trucks loaded with tires had made more than 44,000 trips from the landfill to the Al-Salmi region, near Kuwait's industrial area, where they would be temporarily st
Tabreed ups cooling-scheme stake
The exclusive scheme supplies Al Maryah Island in Abu Dhabi.The acquisition is from joint venture partner Mubadala Infrastructure Partners
The deal brings ownership of Tabreed in the scheme to 100 percent
Arkan launches digital platform
Medical, lab supplies and equipment can be purchase online.The platform provides a user interface for B2B procurement management.
Arkan said the launch in sync with Saudi Arabia Vision 2030.