London, United Kingdom - An Australian man went on trial in London this week over his claims of inventing bitcoin --...
DUBAI, UAE – DMCC successfully concluded its most recent Made for Trade Live tour of the US, hosting events in...
The UAE-based company will now focus on providing ‘Energy for change’.The UAE-based company will now focus on providing ‘Energy for change’
The company seeks to generate positive economic, social, and environmental impact
Bahrain plans to double its VAT rate to 10 percent, which is likely to drive its citizens to shop in...In the GCC, Saudi Arabia and the UAE were the first to introduce a VAT system in January 2018
Bahrain followed a year later, and Oman brought in the tax in April 2021
Nearly two years after it set up a base in Bahrain, Amazon Web Services (AWS) has widened its footprint beyond...The new AWS Middle East UAE Region will have three Availability Zones and will be AWS' second Middle East region
Customers with data residency requirements in the UAE can now store their data in the new AWS Region in UAE
- Jabal Omar Development Company, one of Saudi Arabia's largest-listed property developers, has signed a deal to restructure a SAR 4.7-billion...
The repayments will begin after a three-year grace period, Jabal Omar said in an exchange filing
As per the new agreement, the loan’s final maturity has been extended by three years to 2030
- Bidfood UAE is part of the Bidcorp Group, and has officially been chosen to distribute the Impossible Burger across the...
Bidfood will begin to distribute three of Impossible Foods’ plant-based items
These are the Impossible Burger in 1.2-kg and 1.13-kg patties, and the Impossible Burger in bulk format of 2.26 kg
Companies in the United Arab Emirates are looking to increase their revenues by as much as 50 percent and recruit...The research comes as business conditions in the country continue to improve on the back of easing COVID-19 restrictions and reopening of international travel
UAE businesses are also the most confident globally about driving innovation in product and customer service (67 percent) over the next 12 months
S&P Global Ratings has forecast that private sector lending will remain muted for one to two years in GCC countries....It said that there had been only marginal improvement across GCC banks overall
However, it is also expected that GCC economies will expand at an unweighted average of 1.8 percent in 2021 and 4 percent in 2022
Egypt and Saudi Arabia have signed a $1.8 billion electricity interconnection project that aims to exchange some 3,000 MW during...The Egyptian Electricity Transmission Company (EETC) and the Saudi Electricity Company said they would sign cable, airline and transformer stations agreements
“Saudi Arabia and Egypt share the same goals, and we work together as a team to implement them”
Fertiglobe is a fertilizer partnership of Adnoc and OCI.This offering is open to UAE citizens and residents, as well as domestic and international institutional investors
The offer will open on October 13, subject to regulatory approvals and other relevant considerations
Last few years have seen a lot of tension between governments and central banks around the world, on the one...Concerns are rising that these currencies could be used to fund illegal actions and for money laundering.
Several countries have taken strict measures to crack down on the industry that is viewed with suspicion uniformly across the world.
