Google says to buy Wiz for $32 bn
The all-cash deal brings Wiz into the Google Cloud operation.Company News Business
Gold tops $3,000 for first time on Trump tariff threats
Gold surpassed $3,000 for the first time Friday as US President Donald Trump's trade wars boost the safe-haven asset, while...Business
Google’s new phone to run AI on-device
At a launch event in New York, Rick Osterloh, SVP of devices and services at Google, said that the company's...The announcement by Google caps the autumn release season for big tech hardware that saw Apple unveil the iPhone 15 series and Meta officially launch its latest VR headset
Running on a powerful chip, Google's Pixel 8 Pro would carry out AI functions on device itself instead of relying on transfers from cloud data centers that require heavy bandwidth
Endava to widen UAE operations
It will join the UAE's FDI program to expand footprint.It has a global workforce of more than 12,000 scattered all over the world in Europe, North and South America, Asia and the Middle East
Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said the UAE's partnership with Endava is a milestone for the NextGen FDI initiative
Masdar City, ADAFZ sign MoU
The two free zones will collaborate to grow businesses.Masdar City Free Zone companies that establish operations within ADAFZ will have the opportunity to lease warehouse and manufacturing space
The collaboration will help improve synergies and strategic partnerships between Abu Dhabi Free Zones and grow the free zone ecosystem in the emirate
Fintech innovations reshape GCC’s banking landscape
The region's fintech growth, fueled by a tech-savvy populace, robust regulations, and digital adoption, is drawing global focus, heralding the...The GCC countries are rapidly emerging as a leading fintech hub, revolutionizing traditional banking and financial services across the region
The region's fintech growth, fueled by a tech-savvy populace, robust regulations, and digital adoption, is heralding the future of financial services
Farmers turn to solar power in Syria’s former breadbasket
Al-Haddadiya, Syria - At his farm in Syria's northeast, Abdullah al-Mohammed adjusts a large solar panel, one of hundreds that have...Solar energy has offered a lifeline for the farmers amid drought and power shortages, but some warn the boom also has environmental costs in the once-fertile region
"We are trying to revive our land," despite dwindling groundwater reserves, said Mohammed, 38, as he oriented the panel towards the sun near his cotton fields.
QatarEnergy awarded new Egypt offshore exploration block
Doha, Qatar -- QatarEnergy has been awarded a new exploration block offshore Egypt as part of the 2022 EGAS International...The block EGY-MED-E8 (East Port Said) was awarded to a consortium comprising of QatarEnergy (33 percent), ENI (Operator, 34 percent) and BP (33 percent).
Qatar has a total of four offshore exploration blocks, including interests in Red Sea Block 3 and Block 4.
Baker Hughes bags 400m ADNOC award
Baker Huhges will supply all-electric compression systems.The systems are meant for liquefaction of natural gas, to be powered by clean energy, for ADNOC's low-carbon LNG asset in the Al Ruwais Industrial City, Al Dhafrah.
The LNG trains will comprise energy-efficient Baker Hughes technology, including compressors, driven by 75 MW electric motors.
Jericho pins tourism hopes on UNESCO listing
Despite many cultural treasures, there were only 32,535 hotel guests in the Jericho area in the first half of this...Jericho drew international attention in September when it was added to UNESCO's World Heritage List.
The city also draws visits by Israeli Arabs, descendants of Palestinians who stayed on their land after Israel's creation in 1948.
Saudi Arabia to continue voluntary oil cut until end of Dec 2023
The Kingdom's production in the coming months November and December will be approximately 9 million barrels per day, the country's...Riyadh, the world's biggest crude exporter, first announced its cut after a June meeting of the 23-nation OPEC+ alliance, which also includes Russia.
That decision riled the United States, which at the time accused Saudi Arabia, a security partner, of siding with Russia in the war in Ukraine.
flynas adds 5 Airbus A320neo, total fleet now 56
Riyadh, Saudi Arabia – Saudi “flynas” airline announced the delivery of five A320neo aircraft to increase its all-Airbus fleet to...The latest deliveries come as part of the expansion plan launched under the title "We connect the world with the Kingdom."
flynas connects more than 70 domestic and international destinations with more than 1,500 weekly flights
