Aramco acquires stake in BHIG
The 50% equity interest in BHIG is Aramco-APQ joint venture.Company News Business
ADNOC Gas to pay $3.41bn dividend
It includes $1.7 billion scheduled for distribution in Q2 2025.Company News Business
Fifth France-Arab Summit: Forging partnerships for a sustainable tomorrow
As the world grapples with uncertainty, the summit offers a much-needed space for cooperation and innovation, led by the Franco-Arab...The event, under the high patronage of French President Emmanuel Macron, brings together governments, businesses, and visionaries
By working together, France and the Arab world have the opportunity to shape the future
AI as the next frontier: Opportunities for channel partners to lead the way
AI offers an infinite number of selling and upselling opportunities. Resellers with the right strategic long-term approach will clearly develop....A strategic approach to AI integration is key for channel partners looking to capitalize on the transformative potential of this technology within their service portfolios
Delivering end-to-end AI solutions in another edge - spanning consulting, implementation, and ongoing support - emphasizes the partners' comprehensive service capabilities
Saudi Arabia partners with World Bank to launch global knowledge hub in Riyadh
According to World Bank Group President Ajay Banga, “The new Knowledge Hub being created by the World Bank Group and...The initiative positions Saudi Arabia as a central player in facilitating the global exchange of transformative ideas
The agreement was formalized with the signing by World Bank Group President and Saudi Arabia’s Minister of Commerce
Software solutions that minimize cost overruns, delays in construction
Project management software solutions have emerged as essential tools to streamline construction operations, enhance efficiency, and improve project delivery. They...The construction project management software solutions market reched US$17 billion in 2024
Leveraging digital tools can lead to 10-20 percent savings on overall project costs
Step into the future of sustainable smart city development
Pavegen, a global kinetic energy company, unveiled its innovative “Solar+” tile in Dubai. This tile harnesses the power of movement,...Pavegen tiles have harnessed the power of over 1 billion footsteps in smart cities
The company aims to bring the price down to sub US$1,000 per sqm in the future
UAE firms accelerate AI transformation, new report finds
The real power of AI lies in its careful deployment across diverse business functions, and the UAE is primed for...The AI Maturity Index shows that more than 80 percent of enterprises have a shared vision for AI within their organizations
Only 15 percent have reached a 'transformative' level of AI maturity
Samsung reshuffles leadership amid challenge in AI chips
Seoul, South Korea - Samsung Electronics reshuffled its leadership on Wednesday as it looks to gain an edge in the production...On Wednesday it tapped vice-chairman Jun Young-hyun to lead its memory business and appointed Han Jin-man as the new boss of the chip foundry division
The reshuffle aims to "strengthen the company's growth and future competitiveness, focusing on the semiconductor business", Samsung said in a statement
Boeing CEO says company can’t afford another mistake: report
Boeing CEO Ortberg told workers a trade war with China would weigh heavily on Boeing. The meeting came about two...New CEO Kelly Ortberg said a trade war with China would weigh heavily on Boeing
On October 12, Boeing unveiled plans to reduce its global workforce by 10 percent
Iraq holds its first census in nearly 40 years
The Iraqi census is scheduled for Wednesday and Thursday, and will provide sorely needed up-to-date demographic data for the country...A count conducted in 1997 excluded the three northern provinces that make up the autonomous Kurdistan region
Demographics are likely to have shifted with the exile of hundreds of thousands
Xi, Biden in Peru for APEC summit, pre-Trump face-to-face
uncertainty over Trump's next moves now clouds the APEC agenda -- as it does for the COP29 climate talks underway...President Vladimir Putin of APEC member Russia will not be present
Trump has threatened tariffs of up to 60 percent on imports of Chinese goods
