- This cooperation builds on a 2017 MoU between Honeywell and Aramco to explore the benefits of Honeywell's Industrial Internet of...
The two companies will look to explore the co-development and commercialization of next-generation digital technology solutions
The solutions will be designed to help improve productivity, sustainability, and operational excellence of industrial companies
- Vertiv Holdings Company is making the buy via its subsidiaries.
The deal includes upfront consideration and the potential for $200 million in cash, based on achieving 2022 profit milestones
The upfront consideration consists of $1.17 billion in cash and approximately $630 million of Vertiv’s common stock
- Kuwait's Burgan Bank has been allowed to issue up to $500 million senior unsecured bonds under its Euro Medium Term...
The bank said the proceeds from the bond issuance will help it reinforce its long-term liquidity.
The bonds will have either a five-year tenor and a fixed coupon, or a six-year tenor with redeem option.
- Instagram has worked to address problems of bullying, suicide
Instagram is now exploring ways to understand what kinds of posts make viewers feel bad in comparison and then "nudge" people to content more likely to make them feel good
Social media giant is making a version of the social network for children 13 years old or younger, a move opposed by child safety advocates
- DUBAI: The UAE's non-oil trade rose to AED 1.403 trillion ($371 billion), reflecting the country's robust trade exchanges despite the...
Imports have hit AED 785 billion, accounting for 56 percent of total merchandise trade.
China was UAE's main trading partner with the bilateral trade value reaching AED174 bn.
- Ethiopia's refusal to sign a binding agreement on the dam has dashed hopes of a settlement with Egypt and Sudan.
Egypt's area under agriculture could lose by up to 72 percent in case of short filing of the dam.
Ethiopia has said earlier treaties on Nile waters have undermined its rights and the dam will help in the country's development.
- The UAE marks one year since normalising ties with Israel today as the leaders hope the Abraham Accords could reap...
The economic benefits have come quickly for the UAE and Israel after the US-brokered Abraham Accords
Both have signed a series of deals ranging from tourism to aviation and financial services





















