Sharjah, UAE -- The Sharjah FDI Office (Invest in Sharjah) has announced an exceptional increase in foreign direct investment during...
Companies including Germany's Holon and Estonia's Auve Tech displayed small self-driving buses, designed for routes where larger buses with drivers...
The Qatari firm placed orders for 6 carriers with HSHI.Upon delivery, Nakilat's LNG fleet will expand to 71 vessels, and the LPG fleet will grow to eight vessels with the addition of the four new vessels.
The orders include two cutting-edge LNG carriers with a cargo capacity of 174,000 cum each and four modern Very Large LPG/ Ammonia Gas carriers.
RIYADH, SAUDI ARABIA - The Saudi Electricity Company (SEC) and its subsidiary National Electricity Transmission (NET) have signed here two...The two agreements aim to deliver electrical service to the second and third phases of KAEC projects.
These aim to provide electrical energy for major projects related to achieving the goals of the Kingdom’s Vision 2030.
It is in talks with buyers including tech giant Tencent.The discussions would see the firm sell Nuverse, a video game publisher that is a subsidiary of ByteDance
Nuverse was once viewed by the firm as a vital component in its bid to catch up with Tencent
The annual Consumer Electronics Show gathering boasts more than 3,500 exhibitors and is expecting some 130,000 visitors. Companies big and...CES exhibitor and attendee numbers have jumped each year since the Covid-19 pandemic caused it to be an online-only event in 2021
While the show is increasingly a showcase for startups, big brands such as Amazon, Google, Intel, Netflix, Samsung, SonY will also be there
The developer will expand business in Dubai, Abu Dhabi.It will acquire assets and develop ready-to-lease and build-to-suit options in response to strong demand for grade A logistics facilities
In Dubai, Aldar has bought 7 central logistics hubs and an adjacent plot, which will almost double the current gross leasable area of 19,000 sqm
Wall Street indices enjoyed solid gains, including the Dow, which mustered a 0.6 percent advance in spite of an eight...US and European oil futures fell around four percent after top exporter Saudi Arabia cut the price of its crude, weighing also on shares of energy majors, analysts said
Drop in oil prices weighed on energy shares, with Shell down 2.9 percent as investors reacted to mixed trading update ahead of British oil major's annual earnings due next month
The tech giant forecasts profit to fall to US$2.1bn for Q4.The tech giant said in October that it expected better conditions for the memory market in 2024
The South Korean firm is expected to release its final earnings report for 2023 at the end of this month
Abu Dhabi, UAE - Bitcoin surged above $47,000 on January 9, marking its highest value since March 30, 2022, as...Bitcoin, originating in 2008 under the pseudonym Satoshi Nakamoto, operates as a decentralized digital currency
The robust trading volumes in Bitcoin mining firms signal a heightened investor interest, underlining the increasing prominence of cryptocurrencies
"Our goal is to usher in a new era of sustainable growth, anchored by a solid strategic plan," he adds,...Etihad plans to expand its global network with new destinations like Boston and Nairobi as part of the 'Etihad Airways 2030' strategy.
The airline bolsters its strategic growth, providing premium services and connecting Abu Dhabi to 117 international destinations.
Manama, Bahrain--The Central Bank of Bahrain (CBB) announced that the monthly issue of the Sukuk Al Salam Islamic securities has...With a maturity period of 91 days, subscriptions worth $426 million were received for the $114.36 million issue
According to Bahrain News Agency, the expected return on the issue is 6.35%, equivalent to the previous issue
