Abu Dhabi fund CYVN invests $2.2bn in Nio
This follows an earlier investment of $738.5 million by CYVN in July.Company News Business
Russia’s Gazprom sets new daily record for gas supplies to China
Moscow, Russia--Gazprom has set a new record for daily gas supplies to China via the Power of Siberia pipeline on...Business
Rockwell Automation opens first training center in Egypt
Rockwell, a Fortune 500 company, recently acquired software provider Plex Systems Inc in an all-cash transaction that was valued at...
Saudi Arabia aims to be world’s primary source for dates
Saudi Arabia looks to dominate the dates industry It wants to establish itself as the primary source of dates for...
UAE professionals seek challenging work, advanced tech at workplace: Survey
59 percent claim remote work option is an important aspect in their workplace In the UAE, there is a higher...
Jordan’s online learning platform Edunation raises $3 million
The funding round was led by US investor Rubix The latest capital infusion will help the firm improve its operations...
Fewer restrictions, fast vaccination give Dubai edge in events sector
The emirate plans to host one of the biggest gas conferences and an African investor summit this year Dubai aims...
GCC-UK Trade Summit 2021 to boost trade, investment
Virtual event promises to catalyze a new era of economic collaboration Day-long summit will host discussions featuring high-profile investors from ...
Egis names Bob Hope as MD for Saudi Arabia
Hope brings over 15 years of experience in the region to Egis Globally, Egis has around 16,000 professionals generating over...
Blue hydrogen market will only take off after 2030: Aramco tech chief
Aramco tech chief says blue hydrogen production can’t be scaled up before 2030 He believes it works very similar to...
46% UAE consumers expect effects of pandemic to last another year
Increased vaccinations, protective measures, contactless in-store experience key to rebuilding UAE consumers' confidence 73% of consumers admit to have changed...
Volkswagen to stop sale of combustion engines in EU by 2035
The EU will unveil tougher 2030 CO2 emissions targets and regulatory proposals on July 14 The firm says it will...
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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