Business - TRENDS MENA

The company posted 31% increase in revenue.

Riyadh, Saudi Arabia--Red Sea Global (RSG) will become the exclusive agent for Bear Grylls Survival Academy (BGSA) bringing the world-famous...
The collaboration between the two promises to offer outdoor enthusiasts the opportunity to learn key team building, wilderness education and survival skills
Red Sea Global looks to recurit and train local outdoor enthusiasts in the art of survival and expedition leadership, creating hundreds of jobs for Saudis
According to financial daily Handelsblatt, production came to a complete standstill in Wolfsburg and at the company's plants in Emden,...
The disruption began at 12:30 pm (1030 GMT) and had still not been resolved by the evening, Volkswagen said
The cause of the technical problems was not known but "an external attack is unlikely to be the cause", German automaker said
The jump in oil prices came in the wake of a a surprising drop in US crude inventories. Oil prices...
The increase in crude prices was seen by analysts as a drag on US equities, which opened higher, but finished mixed
The dollar added to gains seen as higher US bond yields make the greenback more attractive as a haven
Zuckerberg made his announcements at the Connect developers conference at Meta's headquarters in Silicon Valley, the company's main annual product...
The second-generation Meta Ray-Ban smart glasses made in a partnership with EssilorLuxottica will have a starting price of $299 when they hit the market on October 17
Meta also introduced 28 AI characters that people can message on WhatsApp, Messenger and Instagram with "personalities" based on celebrities including Snoop Dogg
Tehran, Iran--Iran has exported 27.7 million tons of goods worth $9.1 billion to BRICS member countries from March 21-August 21,...
Some 70.3 million tons of non-oil goods worth $43.5 billion were traded between Iran and the rest of the world during the same period
The top five export destinations for Iran's non-oil goods were China ($5.6bn), the UAE ($2.3bn), India ($845m), Russia (361m) and S. Africa ($51.5m)
The Chinese company had only just resumed trading a month ago, after it was suspended for 17 months for not...
Trading in its two other units -- the property services and electric vehicle groups -- also stopped "at 9:00 am today"
The halt in trading comes a day after a Bloomberg report that Evergrande's billionaire boss Xu Jiayin was being held by police
Seoul, South Korea--QatarEnergy has signed US$3.90 billion worth agreement with Korea's HD Hyundai Heavy Industries (HHI) for the construction of...
The agreement with the South Korean firm marks the start of the second phase of QatarEnergy's LNG ship acquisition program
QatarEnergy's ship-building program is the largest of its kind and will play a pivotal role in meeting its future shipping requirements
Jeddah, Saudi Arabia - Lucid Group, which is partially owned by the Public Investment Fund, launched Wednesday its first international...
The manufacturing unit extends over an area of about 31% of the total area allocated to the automotive industry in Jeddah's Special Economic Zone
In May 2022, Lucid Motors signed a contract to begin construction of its factory in KAEC with a production capacity of 155,000 vehicles
Abu Dhabi, UAE--Masdar and PLN Nusantara Power (PLN NP) have signed an agreement to develop Phase II of the successful...
The clean energy partnership between the UAE and Indonesia saw further consolidation when the two companies signed the deal to expand FPV plant
The UAE company has developed the region’s largest floating solar facility, the 145 MW Cirata floating solar PV plant in a joint ventre with PT PJB, now PLN NP
Ras Al Khaimah, UAE - Ras Al Khaimah’s is building its first organic soil fertilizer project at a cost of...
The company will also carry out research on the creation of unique methods of cultivating plants, medicinal and valuable fungi
It will also be farming fruits, vegetables and berries, both indoors and outdoors, and conduct organic animal husbandry