The generative AI frenzy unleashed by ChatGPT in 2022 has propelled a handful of venture-backed companies to eye-watering valuations.
Dubai, UAE - Dubai International Airport (DXB) has once again secured the top spot in the Airports Council International’s (ACI)...
Rice is a major world food staple and prices on international markets have soared in the wake of the Covid...The consumer affairs and food ministry said at the time that the move would "ensure adequate availability" and "allay the rise in prices in the domestic market".
The ban was expected to hit African nations, Turkey, Syria and Pakistan, all of which were already struggling with high inflation, data analytics firm Gro Intelligence said.
- Asia's largest district cooling PPP project in Hyderabad part of deal.
The cooling infrastructure will potentially reduce over 200MW of peak electricity demand.
The district cooling agreements are part of Telangana’s vision to become net zero by 2047.
RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) and the Indian Economic Trade Organization (IETO) have signed...The collaboration focuses on initiating trade missions and investment forums to help Indian businesses understand what RAKEZ offers.
The agreement promises customized business services for Indian companies that are tailored to their aspiration of expanding into the MENA region.
Abu Dhabi, UAE - The UAE Ministry of Economy has announced that Zencargo, a UK-based company with expertise in digital...The company plans to establish operations in the Emirates with a view to integrating into the UAE’s technology, trade and logistics ecosystem
Zencargo’s presence in the UAE follows the UAE’s Trade Tech initiative, which was launched in partnership with the World Economic Forum
DOHA, QATAR - The volume of real estate trading in non-residential sales contracts at the Department of Real Estate Registration...The total sales contracts for residential units in the Real Estate Bulletin during August 27-31 reached US$75 million.
The real estate trading in sales contracts in the non-residential category during August 27-31 reached US$ 68 million.
It accuses Google of breaching competition law by shutting out mobile search competition and using its market dominance to increase...The claim, filed with the UK Competition Appeal Tribunal, is seeking around £7 billion ($8.7 billion) in damages on behalf of effectively every consumer in the country
The lawsuit argues that Google abused its dominant position by tying its Search with other apps and services such as requiring smartphone manufacturers to pre-install Google Search
The pact was signed through ENOC partner CKW Enterprises.The agreement grants Kawasaki access to ENOC Group’s advanced lubricants from top-tier mineral oils for regular bikes to fully synthetic oils designed for high-end bikes.
ENOC said the new products meet an array of standards including, API SP and JASO T903: 2023 MA-2, guaranteeing best-in-class oil thickening and wear protection.
DUBAI, UAE – Saudi Arabian Crown Prince Mohammed bin Salman in a telephonic conversation with Russian President Vladimir Putin has...The Russian president and the Saudi crown prince discussed the outlook for BRICS expansion.
The two leaders reviewed cooperation between the two countries within the OPEC+ agreement framework.
The aim is to speed up clean energy transition in Africa.Masdar brings its technical expertise and extensive experience in emerging markets and will work with Africa50 to bridge the infrastructure funding gap.
Africa50 brings its skill in developing projects in the continent and which, combined with Masdar, can help unlock clean energy potential.
Abu Dhabi, UAE -- Abu Dhabi National Energy Company (TAQA's) dual-tranche $1.5 billion bonds were listed on Abu Dhabi Securities...The five-year $500 million notes, maturing in 2029, were issued as conventional bonds with a 4.3 percent coupon.
The 10-year $1 billion tranche, maturing in 2033, was priced with a 4.6 percent coupon – with coupon payments being made to bondholders on a semi-annual basis.
