Doha Bank bond issue oversubscribed four times
Doha, Qatar - Doha Bank has successfully issued $500 million in international bonds, garnering a total order book of $2...Business
Will sponsor Emirates Labor Market Award, Â says Abu Dhabi Chamber
ABU DHABI, UAE - The Abu Dhabi Chamber of Commerce and Industry (ADCCI) announced its sponsorship of the Emirates Labor...The award aims to recognize the efforts of leading private sector entities and outstanding individuals and highlight successful practices in the labor market.
The Chamber plays a leading role in supporting national projects and supports increasing the labor market's productivity, efficiency and competitiveness.
Iran jails eight for asking workers to strike at gas site
TEHRAN, IRAN - Iranian authorities have arrested eight people for "leading" a workers' strike at a key gas site in the...An official said intelligence services arrested eight main leaders of the workers' strike at a gas site in Iran's south.
The gas site is also knows as having the world's largest reserve and employs around 40,000 people.
Dubai top Greenfield FDI destination for second time in a row
The emirate achieved an 89.5 percent year-on-year growth in 2022 and Foreign Direct Investment capital inflows of $12.79 billion. The...These exceptional achievements support the strategic vision outlined by the Dubai Economic Agenda D33, Sheikh Hamdan said.
Dubai ranked first globally in attracting greenfield FDI projects in 2021, up from the third spot in 2020. It had attracted 418 freenfield FDI projects.
India Jewelry Exposition Center launches in Dubai
DUBAI, UAE - The Gem and Jewelry Export Promotion Council (GJEPC) has launched a first-of-its-kind India Jewelry Exposition Center (IJEX)...India Jewelry Exposition Center will provide a platform for the country's MSMEs to showcase their products to the Middle East market.
The move is a reflection of the Middle East's importance to India's gem and jewelry sector which accounts for 30 percent of its exports.
WEF meet to shed light on global economic transformation
Geneva, Switzerland - The 14th World Economic Forum (WEF) Annual Meeting of the New Champions is scheduled to take place...The meeting will tackle key issues concerning global companies and create and strengthen partnerships focusing on generating a positive impact.
More than 1,500 leaders from business, government, and other global firms, along with innovators and academics, are expected to participate.
Three new beaches for night swimming open in Dubai
Dubai, UAE - Dubai has given a boost to its beach tourism by opening three new beaches for night swimming...The 800-metre-long night-swimming beaches feature lighting systems, which enable residents and tourists to swim around the clock.
The emirate’s wide diversity of beaches provide people the opportunity to enjoy vibrant seaside dining and diverse activities, WAM reported.
Saudi Arabia strengthens ties with Estonia, Denmark in digital government
Riyadh, Saudi Arabia -- Saudi Arabia will be enhancing partnerships in the digital sector with Estonia and Denmark, according to...Despite its small size, the 21-year-old digital transformation in Estonia has made it a model for other nations looking to digitalize their economies and governmental institutions.
Governor of DGA Ahmed Mohammed Al-Suwayan led a delegation of Saudi officials who held several meetings with their counterparts in Estonia and Denmark.
Iranians take up homegrown apps as Western apps are banned
Iranians are accustomed to using virtual private networks, or VPNs, to evade restrictions and access prohibited websites or apps, including...As many as 89 million people have signed up to Iranian messaging apps including Bale, Ita, Rubika and Soroush, the government says, but not everyone is keen on making the switch
At the height of the deadly Amini protests in October, the Iranian government cited security concerns as it moved to restrict internet access and blacklisted Instagram and WhatsApp
Qatar Chamber chairman calls for ‘unified’ Gulf policy on purchase of food, medicine
Muscat, Oman--Qatar Chamber (QC) Chairman Sheikh Khalifa bin Jassim Al-Thani has called for a unified policy for purchase of food...The chairman was speaking at a meeting between GCC ministers of commerce and heads of unions and chambers of commerce and industry in Muscat
He said the region has been coping with a number of challenges posed by the Covid-19 pandemic and the ongoing war between Russia and Ukraine
Audio book narrators feel heat as AI begins to chip away at business
AI has the ability to create human-sounding recordings -- at assembly-line speed -- while bypassing at least part of the...There is no label identifying AI-assisted recordings as such, but professionals say thousands of audio books currently in circulation use "voices" generated from a databank
Early this year, Apple announced it was moving into AI-narrated audio books, a move it said would make the "creation of audio books more accessible to all"
