Empower distributes $701 million dividends since listing
Dubai, UAE -- Emirates Central Cooling Systems Corporation PJSC (Empower) said it has distributed AED2.575 billion in dividends to shareholders...Business
As ‘news deserts’ spread, US journalism fights on
Baltimore, United States - Baltimore Banner reporter Matti Gellman is first to leap in with questions during a recent press appearance...For more than two decades, since the internet upended the advertising and print model on which newspapers had been based, the industry has been in crisis
Nearly half of US counties have just one news source, the report said, often a weekly newspaper. And 228 are on a so-called "watch list" at high risk of losing even that
30% productivity leap: Building the machinery of tomorrow
By embracing digital tools, AI, and sustainable practices, companies can optimize production, redefine their role, and propel themselves towards a...New players are emerging, offering advanced digital solutions that boost shareholder returns and revolutionize customer experiences
Siloed thinking, a failure to integrate new technologies with existing operational models, and an overreliance on traditional lean manufacturing methods can hinder progress
‘Dubai, Abu Dhabi, Riyadh, Bahrain have reinforced position as top GCC tourist spots’
GCC region is a hidden gem, offering a distinct blend of Arabic culture and history, Fahim Jalalli, CEO of Kanoo...What began with Emirates and Dubai has expanded to include Abu Dhabi, Qatar, Bahrain, and Saudi Arabia, says Fahim Jalalli, CEO of Kanoo Travel
The region hosts numerous trade shows, conferences, and exhibitions, and have so many hotels that are capable of accommodating tens of thousands of attendees, he adds
Top U.S. stock indices drop for third consecutive day on Wednesday
The S&P 500 dropped for a fourth consecutive session on Wednesday, as Nvidia and other struggling technology names put downward...Technology-heavy Nasdaq Composite slid 1.15% to 15,683.37
Asian shares advanced on Thursday even after sinking technology stocks sent Wall Street lower
Crypto soars in MENA even as it loses sheen elsewhere
A tech-savvy population sees cryptocurrencies a safe investment option as governments adopt progressive regulatory frameworks, offering innovation and investor protection.The Middle East has emerged as the sixth-largest crypto economy globally, according to a report by Chainalysis
Analysts feel the UAE has demonstrated a forward-thinking approach to harnessing and regulating the crypto sector
Special economic zones are a new craze in Middle East
Vast swathes of land across the desert region are seeing the sprouting of new special zones to entice big business...In 2023, Saudi Arabia set up four new special economic zones, with incentives for international companies to operate within the kingdom
SEZs are seen as catalysts for economic diversification, which offer platforms for innovation, entrepreneurship, and investment in non-oil sectors
Germany shares observations on Qatar hosting Autonomous e-Mobility Forum
In its efforts toward sustainable transportation, the German embassy is the first diplomatic representation in Doha to utilize an electric...The diplomats shared their observations and views on Qatar’s trajectory as a hub for dialogue and the potential of autonomous e-mobility moving forward
The German embassy is indeed the first diplomatic representation in Doha to utilize an electric vehicle as a staff car
QFZ, AEMOB to drive EV innovation
AEMOB Forum will be held in Qatar from April 30 to May 2The collaboration harnesses QFZ’s unique position in facilitating trade and investment to propel the e-mobility ecosystem forward
Scheduled to convene in Doha, Qatar from April 30 to May 2, the AEMOB Forum serves as a platform for driverless e-mobility
Tehran, Baghdad to launch maritime passenger transport line
TEHRAN, IRAN – Iran and Iraq will launch the first maritime passenger transport line within the next two months, an...Given the readiness of Iran’s Abadan and Khorramshahr ports for the transportation of passengers to the destination of Wasliya and Basra ports in Iraq..
the officials of the two sides have expressed their readiness for the initiation of the transportation of passengers via sea, Ali Akbar Safaei emphasized.
Air Arabia Egypt marks its first flight to Istanbul
CAIRO, Egypt – Air Arabia Egypt on Sunday commenced its first non-stop flight from Cairo International Airport to Sabiha Gökçen...Upon arrival at Istanbul, the flight was greeted with a water cannon salute and a welcome ceremony.
The newly added route will connect both cities with a frequency of three weekly flights.
