Apple explores making personal robots
It is working on a robot that may be helpful to people.Business
Awaed Alosool launches Sharia compliant investment platform
RIYADH, SAUDI ARABIA - Awaed Alosool Capital announces the launch of the Awaed platform, revolutionizing investment opportunities in public listed companies.Awaed...Awaed Alosool unveils an innovative platform dedicated to empowering individuals in Saudi Arabia with seamless access to Sharia compliant investment.
The platform provides an intuitive interface, offering individuals the means to engage in the market irrespective of their geographical location.
ROSHN, Retal sign $99m deal
363 single-family villas will be constructed in Riyadh.SEDRA, spanning eight phases over 35 million square meters, integrates nature and local heritage, creating a unique living experience.
The latest agreement with Retal underscores the commitment to delivering a modern, upscale, and sustainable urban community, ROSHN said.
Real estate deals in Bahrain decline marginally in third quarter: CBRE
Manama, Bahrain - Real estate transactions in Bahrain recorded a marginal 2.5 percent decline in Q3 2023, totaling 5,145 compared to the...Quoted apartment sales experienced a slight decrease of 1.7 percent, while apartment rents rose by 3.2 percent.
Villa rents and sales, on the other hand, saw significant increases of 4.3 percent and 1.2 percent, respectively
99 percent of world live in areas with air pollution levels above WHO guideline limits
DUBAI, UAE - According to World Health Organization data, 99 percent of the world’s population lives in places where air...Leading businesses recognize that they have an important role in reducing air pollution alongside greenhouse gas emissions.
Business activity contributes significantly to air pollution globally but air pollution is not prioritized nor integrated into climate action.
Iran-Russia trade surges 18 percent to US$1.7 billion in 2023
Tehran, Iran--Trade between Iran and Russia has climbed 18 percent to US$1.7 billion in the first eight months of 2023.This...Jumping more than 40 percent up, the weight of trade between Iran and Russia was 3,748 million tons from March to November
Iran revealed that $616, 326 million worth of goods were exported to Russia, which shows 32% increase compared to the same period last year
McDonald’s eyes big expansion
The company plans about $2.5bn in capital expenditures in 2024.McDonald's will seek to effectively grow its network of namesake sites by about one quarter in what it called the speediest expansion in the brand history
For CosMc's - which McDonald's executives had teased in July - the company plans an initial store in Chicago in 2024 and nine others in Texas
Egypt to sign agreement on curbing methane emissions
Abu Dhabi, UAE--Egyptian Petroleum Minister Tarek el Molla announced an agreement on laying down a detailed road map for cutting...The agreement as per media reports will be signed by the the United States Trade and Development Agency (USTDA) within the framework of the COP28
The minister said that Egypt supported green hydrogen projects in order to promote North African country's drive to become a green hydrogen regional center
Saudi Arabia offers 30-year tax cut to businesses shifting hqrs to kingdom
Riyadh, Saudi Arabia - Saudi Arabia has rolled out a 30-year tax relief program aiming to lure multinational corporations to...Under the Regional Headquarters (RHQ) Program, participating companies will benefit from substantial tax incentives, including a zero percent rate on corporate income tax
The RHQ Program, launched initially in 2021, has already licensed over 200 companies to operate their regional headquarters from Saudi Arabia
Masdar eyes Europe for growth
It wants to build a supply chain between UAE and Amsterdam.It signed an agreement to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam to support Dutch and European markets
The green fuel is generated with green electricity from renewables like wind or solar, in a process that separates water into oxygen and hydrogen via electrolysis
Air cargo demand up 3.8% in October
Geneva, Switzerland - Global air cargo demand increased by 3.8% compared to October 2022, the International Air Transport Association (IATA)...Capacity was up 13.1% compared to October 2022 and 11.1% for international operations
International belly capacity, for example, rose 30.5% year-on-year on the strength of passenger markets
