After Instagram restrictions, Meta to introduce teen accounts for Facebook
Paris, France -- Meta on Tuesday announced that it was extending its teen accounts to its social network Facebook, after...Technology Business Culture & Society Geostrategy Global Social Tech & Media
Abu Dhabi’s non-oil foreign trade grows by 9% in 2024 to $83bn
Abu Dhabi, UAE -- Abu Dhabi Customs reported a 9 percent increase in the emirate’s non-oil foreign trade in 2024,...Business Economy
Nissan invests in new electric cars
Japanese auto giant Nissan will invest up to £1.12 billion.Nissan will plough the cash into electric versions of its Juke and Qashqai models in Sunderland, which is its largest factory in Europe and employs around 6,000 people
The news will spark further investment in infrastructure projects and the broader supply chain which could bring the total investment up to £2 billion
$9.9bn transport investments boost Qatar’s logistics efficiency
Dubai, UAE -- Qatar Chamber has underscored Qatar's significant strides in the transport sector, positioning the nation as a formidable...With over 2 billion people residing within 3000 kilometers range of Qatar, the country boasts easy access to Hamad International Airport and the globally acclaimed Hamad Port
Hamad Port, with over 15 direct shipping lines connecting to 40 ports across three continents, has an annual capacity of 7 million tons.
Saudi oil and non-oil exports fall by above 17 percent in Sept
Dubai, UAE -- Saudi Arabia’s oil exports fell by 17.1 percent (SAR 17.2 billion or $4.58 billion) in September, mainly...The share of oil exports in total exports increased from 80 percent in September 2022 to 80.1 percent in September 2023.
Imports also decreased compared to August 2023 by SAR 9.6 billion or 13.7 percent, according to data by GASTAT.
EDGE signs MoU with MBRSC
The pact sets up a framework for knowledge, data sharingThe agreement exemplifies the strength of local partnerships in the UAE.
It underlines EDGE's commitment to expand its expertise into the space sector.
Solutions+, EIH sign MoU
The pact will help in creating job opportunities in the UAE.The pact outlines a strategic cooperation that contributes to supporting and developing closer ties between the two companies.
The agreement will help improve efficiency in Business Process Outsourcing, Digital Management and Facility Management.
EGA begins work on pilot plant to convert bauxite residue into manufactured soil
ABU DHABI, UAE – Emirates Global Aluminum (EGA) on Thursday announced the construction of a pilot plant to convert bauxite...The pilot plant will use technology to neutralise caustic bauxite residue into an environmentally benign raw material in hours.
This optimised bauxite residue is the main ingredient for the manufactured soil, which EGA calls turba.
Masdar City completes first net-zero energy commercial building in region
ABU DHABI, UAE - Masdar City, a sustainable urban community and a business and technology hub here, has just completed...NZ1 is designed to consume 53 percent less energy than an equivalent conventional building.
Solar panels will generate 101 percent of the building’s annual energy needs, making it net-zero energy.
Bahrain’s BIBF partners with UpGradelle to boost digital transformation
Manama, UAE--The Bahrain Institute of Banking and Finance (BIBF) has partnered with UpGradelle, a leading French-based consultancy firm, to develop...The BIBF intends to equip the country's financial and business sectors with skilled leaders that can "catalyse the change in business operations"
CEO of the BIBF said the collaboration will strengthen their position as a leader in delivering state-of-the-art training and development solutions
Social media plays key role in shaping online trading
"The rapid pace and fervor surrounding social media have introduced volatility into financial markets, leading to instances where stocks, particularly...Social media has opened up opportunities for independent and self-motivated online traders.
Financial guidance is actively sought on social media platforms, especially by young investors.
Masdar and Emirates Steel Arkan partner to build green project to cut emissions
Abu Dhabi, UAE--Abu Dhabi Future Energy Company (Masdar) has signed an agreement with Emirates Steel Arkan to develop a pioneering...The project, the first of its kind in the MENA region, is under construction within the facilities of Emirates Steel Arkan in Abu Dhabi's industrial city
It will generate green iron, a highly sought-after product by international steel companies striving to achieve net-zero emission target across the world
