UPS says will cut 12,000 jobs
The move comes as UPS seeks to "align" its resources.Company News Business Global
Schneider Electric, Charge&Go ink pact
The aim is to develop EV charging facility in the UAE.Company News Business Energy
E-Sports a billion-dollar industry in GCC
The Middle East has 25% of the worldwide gaming audience, followed by Latin America 13.9%, the Asia Pacific 9.2%, Western...The Middle East has 25% of the worldwide gaming audience, followed by Latin America 13.9%, the Asia Pacific 9.2%, Western Europe 4.8%, and North America 4%
The value of gaming in the MENA is estimated to be US$4.5 billion with over 100 million gamers in the region
Microsoft announces pricing for new Office suite
Office 365 has been renamed Microsoft 365, and will be available on Windows PCs, Apple’s Mac machines, and mobile platforms,...Microsoft 365 and Office 2021 will run on Windows 11, Windows 10, and the three latest macOS versions
A Microsoft account and an internet connection are mandatory for subscribers to access and use Microsoft 365 or Office 2021
Saudi bourse joins new emerging-markets index
The Saudi Stock Exchange will be added to its widely followed Emerging Markets Government Bond Index (EMGBI), the global index...The accession will allow the Saudi Sukuk and Debt instruments to be part of corresponding global market indicators that investors follow
This would have been made possible by the actions that the Capital Market Authority of Saudi Arabia has taken
GCC and Europe to revive free trade deal talks: EU Ambassador
The Gulf Cooperation Council and the European Union have agreed to revive free trade deal talks, according to EU Ambassador...EU countries have direct investments in Saudi Arabia worth $24.88bln
The agreement will also be part of the discussions during the upcoming visit of the European Union representative to the Gulf region
Emirates Post launches five new services
The official postal operator of the UAE made the launches during the 2021 Seamless Middle East.The new addition includes service points and parcel lockers
Through these, customers will have more flexible channels for last-mile delivery options
Dubai Expo ‘new city’ is here to stay for decades
Dubai has created a "new city" for Expo 2020 that will exist for decades, the head of the event said,...The $7bn purpose-built showground occupies a vast site on Dubai's outskirts with hundreds of pavilions
Expo 2020, which has sustainability as one of its main themes, wraps up in March
The most interesting pavilions at Expo 2020
Expo 2020 Dubai boasts some unique pavilions. Here’s a look at the most engaging among them.Future Forest, the Spanish Pavilion, boasts an organic and recycled artificial ecosystem
The Women’s Pavilion is intended to honor the significant roles that women, known and unknown, have played throughout history
Anaam land sale nets $22.6m
The transaction will be reflected on Anaam’s Q3 financial results.The deal has been inked with the buyer Khaled Mustafa Mohamed Monem
It includes the sale of all equipment, machinery, buildings, and cars
Saudi stock market index ends high at 11,495.76 points
The main Saudi stock index closed today, up, gaining 112.11 points, to close at 11495.76 points, with trading value worth...The volume of traded shares, reached 180 million, through more than 290 thousand deals
The Saudi Parallel Shares Index (NOMU) closed today, down, losing 257.36 points, at 23652.32 points level, with trading value worth SR 51 million
UAE Central Bank to issue commemorative Expo 2020 silver coins
DUBAI: The Central Bank of the UAE (CBUAE) has announced it will issue silver coins that feature Expo 2020’s official...All issued commemorative coins will be available for sale via the Expo 2020 official stores as well as the New Zealand Mint’s website.
Costing coins will be available for sale via the Expo 2020 official stores and New Zealand Mint’s website.
