Bitcoin surpasses $47,000, first time since March 30, 2022
Abu Dhabi, UAE - Bitcoin surged above $47,000 on January 9, marking its highest value since March 30, 2022, as...Business Economy
Energy companies to test CO2 capture in Brazil undersea oil field
PARIS, FRANCE - A consortium of Brazilian, British, French and Chinese energy firms will test new technology aimed at capturing CO2...Business Energy Global Climate Change
Dubai’s Shuaa plans SPACs worth $600 million
Shuaa Capital plans to set up three blank-check companies of around $200 million each.
Saudi Arabia to generate $150 billion in investments from its new transport policy
The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private...
Digital tool launched to help UAE SMEs boost digital reach
Chamber members can set and verify their business profiles on Google Search and Maps The tool can generate a customized...
Oil prices extend gains after OPEC+ talks fail, equities mixed
Brent broke above $77 for the first time since 2018 Breakdown of talks raises the possibility of $100 a barrel...
Saudi philanthropist Alwaleed to continue as chairman of Kingdom Holding
The company posted a net profit of $24.2 million for the quarter ending March 31, 2021 Its portfolio includes CitiGroup,...
Nobles Properties in deal to acquire Jordan real-estate project
Nobles Properties said one of its subsidiaries will acquire a residential development from Jordan-based Manaseer Investment Group Nobles’ subsidiary Shahd...
Ship that blocked Suez to be released
The 200,000-tonne MV Ever Given got stuck diagonally across the canal during a sandstorm on March 23 Egypt retained the...
Seera, Kaden to launch hotels across Saudi Arabia
The result of the deal is a joint venture that will manage and set up hotels in various projects by...
Jassim Transport set for Boursa Kuwait listing
JTC is one step closer to being listed on Boursa Kuwait, the country’s stock market It said it was in...
World’s first Warner Bros. themed hotel nearly complete
The $112m hotel set to open this year in Yas Island It will be operated and managed by Hilton under...
