Invest Qatar launches azure open AI GPT-powered chatbot ‘Ai.SHA’
DOHA, QATAR - The Investment Promotion Agency Qatar (Invest Qatar) has partnered with Microsoft to develop Ai.SHA, an innovative AI-powered...Business Science Tech & Media
Bitcoin may touch $100,000 in Q1 of 2022
Standard Chartered has forecast that Bitcoin will touch the magical figure of $100,000 in the first quarter of 2022, and...On Wednesday, Bitcoin was trading at a little more than $46,000
Ethereum and Binance Coin were trading at $3,413 and $409, respectively
Eltizam Group buys Inspire Integrated for $10m
Continuing with its expansion strategy, Eltizam Asset Management Group, a subsidiary of the Abu-Dhabi based International Holding Company, acquired Inspire...Acquisition part of ltizam Asset Management's expansion strategy
Inspire Integrated, which will continue to operate under the same name, specializes in infrastructure and real estate solutions
Mubadala Petroleum, Eni partner for energy transition
The scope of the cooperation covers potential joint opportunities in Mena, South East Asia, Europe, and other regions of mutual...The MoU aligns with Mubadala Petroleum’s approach to Environmental, Social & Governance ESG considerations and its energy transition goals
This includes pursuing a gas-weighted portfolio strategy that has seen the company’s asset base reach almost two-thirds natural gas
UAE-led consortium gets $250m for gas plant in deal with DFC
The consortium, called Pearl Petroleum Company Limited, is led by Dana Gas and Crescent Petroleum, both of which are from...Pearl Petroleum’s financing from DFC is expected to boost its work at the Khor Mor gas plant in the Kurdistan Region of Iraq
Proceeds from the seven-year financing are expected to support an increase in gas production capacity at the plant by 50 percent
Belt and Road Initiative in GCC: A deep dive
The relations between the Arab world and China have touched new highs particularly after China launched the Belt & Road...Bilateral trade between China and GCC increased 180 percent from US$68bn in 2009 to US$190bn in 2019
Gulf imports from China totaled US$10 bn in clothing, textiles, and fabrics, accounting for 66 percent of Arab trade with China
Aramco to partner with Aveva for sustainability
Aramco, with this partnership, will focus on driving sustainability in the region through digital transformation.The partnership will help Aveva establish its largest digital hub, with R&D capability, in the Middle East
It will also enrich Saudi Arabia’s knowledge economy by incorporating research from prominent universities across the kingdom
Empower cools Uptown tower
Empower is servicing 3,850 RT at the skyscraper.DMCC was keen to build the Uptown project according to the Leadership in Energy and Environmental Design gold standards
As a result, it is now supplied with environmentally friendly cooling services of sustainable global standards
Chapman Taylor designs Jeddah park
The airport City Central Park is designed as a botanical garden.The Airport City in Jeddah is coming up adjacent to King Abdulaziz International Airport
It is being projected as an upcoming destination for visitors from across Saudi Arabia and the GCC region
Iran spends $620m to mechanize agriculture
That amount reportedly equals 87 percent of the total budget allocated to a credit line for agricultural mechanization.The money has been used to supply agricultural machinery, tools, and equipment
These have been supplied in fields like horticulture, livestock, poultry, and aquaculture
Donkey milk soap soaking up fans in Jordan
Although other regions around the Mediterranean produce soap from donkey milk, this is the first for JordanAlthough other regions around the Mediterranean produce soap from donkey milk, this is the first for Jordan
Donkey's milk is said to be rich in minerals and proteins that can help moisturise the skin