From the first video game consoles of the 1970s to the Nintendo Switch 2 due out on Thursday, hundreds of...
- Washington, United States - Billionaire Elon Musk on Wednesday announced he was leaving his role in US government, intended to...
Riyadh, Saudi Arabia -- Saudi Arabia’s imports from Gulf Cooperation Council countries fell 15 percent year-on-year to SAR 5.6 billion...Compared with March 2023, the Kingdom's imports from GCC dropped by 21 percent, or SAR 1.52 million.
The Kingdom's merchandise imports rose 1 percent year-on-year to almost SAR 57.9 billion in April.
Firm will deliver a complete end-to-end managed service.Aquaterra Energy will work closely alongside in-country partners to manufacture and transport the project equipment.
This will provide thousands of hours of local employment for the region, as well as opportunities for upskilling and knowledge sharing.
Dubai, UAE -- Dubai's real estate market has recorded its highest semi-annual sales figures ever, with 61,000 deals worth AED...The growth rate in terms of sales value amounted to 57 percent on an annual basis during the first six months of 2023.
During June 2023, a total of 10,405 real estate sales deals with total value of AED 30.3 billion, which is the highest number ever for the month of June.
Doha, Qatar--The increasing availability of government sukuk and Islamic liquidity management tools by the Qatar Central Bank supports liquidity management...The ratings agency expects the market share to increase overall in 2023 because of high public demand and strong retail networks
Fitch believes the launch of treasury sukuk in 2022 is a structural improvement as it adds to Islamic banks' short-term liquidity tools
Abu Dhabi, UAE-- Prominent Abu Dhabi companies are taking part in Impower Fund Forum, the largest asset and wealth management...Set to take place in Monte Carlo, Monaco, it is considered to be the largest asset and wealth managment conference in Europe
The forum will be an opportune platform for Abu Dhabi companies to showcase their accomplishments and engage with industy players
- Dubai, UAE - National banks in the UAE have increased their credit financing to the business and industrial sectors by...
The data reveals that the UAE banks provided a total of $201 billion to the business and industrial sectors by April 2023
Traditional banks were the primary source of credit financing for these sectors, providing $184 billion or 82.5 percent of the total
PARIS, FRANCE- Common standards unveiled on Monday for companies to report their greenhouse gas emissions could curb misleading climate claims in...Currently, most large companies report how many tons of carbon they emit into the atmosphere each year, but the data is often not reliable.
The poor quality of data and lack of common standards allows companies to overstate their climate credentials - the practice of "greenwashing".
- SPARK Logistics Company will meet the needs of investors.
SPARK is the world's largest energy hub, spanning 50 square kilometers in the Eastern Province of Saudi Arabia.
Under the agreement, SPARK Logistics Company has been granted concession rights to provide logistics services.
Abu Dhabi, UAE -- Institutional investors bought more local stocks than they sold in the Abu Dhabi Securities Exchange (ADX)...Net purchases by institutional investors totaled AED 5.6 billion ($1.52 billion), after buying stocks worth AED165.4 billion and selling AED159.7 billion in stocks.
Institutional investments accounted for some 78 percent of the total trading volume, both buying and selling, in both markets since the start of the current year.
- Lucid Group to help make Aston Martin's luxury 'green' cars.
California-based Lucid will supply technology, including battery systems, for cash and shares worth about $232 million.
News of the tie-up, subject to shareholder approval, sent Aston's stock ten percent higher to 360 pence on the rising London stock market.
