Aramco, Intel to set up Saudi Arabia’s first open RAN center
Riyadh, Saudi Arabia -- Aramco Digital Co. and Intel have unveiled plans to establish Saudi Arabia’s first open radio access...Business
GIB, KSA wrap up Sukuk debut
Gulf International Bank is a merchant bank in the Middle EastCompany News Business
Mubadala invests $250 million in biosimulation firm Certara
The deal happened between Certara, Mubadala, and some existing shareholders of Certara, including a shareholder affiliated with EQT.Qatar Emiri Air Force adds four more Rafales
The four multirole combat aircraft from France’s Dassault Aviation include three single-seat Rafale EQ and a twin-seat Rafale DQ.Sharjah survey to measure sector-wise growth in emirate
Department of Statistics and Community Development said the impact of government policies on the economy is reflected in the survey...Emirates NBD’s first half profit rises 17% to Dh4.8 billion
Total income of the Dubai’s largest bank has jumped 9 percent over the preceding half year due to a marked...Saudi tourism fund adopts cloud computing to help investors
Tourism Development Fund, which was set up in June, says use of Oracle Cloud applications will enhance data integration, increase...$350m Murabaha financing for Pakistan concludes
Twelve banks from the region fully subscribed the transaction in which Ajman Bank also acted as investment agent.One of world’s largest carpet factories coming up in Dubai
The solar-powered facility will enable Standard Carpets to increase production capacity by 40 percent and produce and additional 400 tons...Automotive plastic sales to cross $9.5bn this year
Increasing demand for commercial and passenger vehicles and flourishing automotive export industry are primary factors propelling the market growth, according...Tesla quarterly profits top $1 billion for first time
Record deliveries of electric cars during the period allowed Elon Musk's company to garner earnings of $1.1 billion in the...Jordan to set up phosphate washing plant costing $85 million
JPMC recently set a new record for exports totaling 554,762 tons in June, the highest since the opening of the...




















