DIFC Innovation Hub 2023 graduates raise $600 million in funding
Dubai, UAE -- More than 200 start-ups graduating from the programs of DIFC Innovation Hub in 2023 have collectively raised...Business
ENEC announces completion of Unit 4 of Barakah Nuclear Energy Plant
The Federal Authority for Nuclear Regulation (FANR), the UAE's independent nuclear regulator, recently issued the Operating License for Unit 4...Business Energy Climate Change
At $690m, Saudi gaming market is next big thing in region
Saudi Arabia has seen a sharp rise in the gaming market among its population, with total gamers running into 21...
PMI: Saudi non-oil economy expands but challenges ahead
PMI falls for the first time in four months in July. The downgrade driven by weaker growth in output, new...
Amazon to launch ‘Lord of the Rings’ series in Sep 2022
The streaming service hopes that the yet-to-be-titled series will rival the success of "Game of Thrones."The streaming service hopes that the yet-to-be-titled series will rival the success of "Game of Thrones."
The first season's episodes will be released on a weekly basis
Abu Dhabi cuts procedures to start business by 71 percent
Discussions with stakeholders helped the Abu Dhabi government identify and remove duplicate requirements and modify existing requirements to facilitate the...
Hotel occupancy shows signs of recovery in MENA: Colliers
The hospitality industry has been the worst hit by the Covid pandemic, but there are signs that suggest a recovery...
HSBC MENA’s pre-tax profit at $700m in H1
Economic recovery in the region helps the bank post $386 million profit in the June quarter.
Aldar Properties beachfront land plots sell out in Al Gurm
The company did not disclose the value of the sale of 71 plots sold exclusively to UAE residents.
Saudi Pension Agency posts 9.5 percent returns in 2020
The kingdom’s Public Pension Agency said on Sunday that it had recorded 9.5 percent returns on investments in 2020. Its investments...
Digital payment platform Square to buy Afterpay for $29 billion
Afterpay specializes in the "buy now, pay later" model that offers users staggered payments, often without extra charge.
Kuwait aims to be the hub for electric carmakers in Middle East
Kuwait Ports Authority (KPA) has approved a proposal to build the Middle East’s first city to serve electric vehicle manufacturers,...
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains