Washington, United States -- US President Donald Trump on Friday threatened Apple with a 25 percent tariff if the iPhones...
San Francisco, United States -- As Google races to lead in artificial intelligence, it faces the challenge of making sure...
DUBAI, UAE - Dubai International Chamber (DIC), one of the three chambers operating under Dubai Chambers, inaugurated on Friday a...The new office will focus its efforts on strengthening relationships with key public and private sector stakeholders.
The office will support UK firms seeking to relocate to expand in Dubai and grow their business through the emirate.
Saudi Arabia's Capital Market Authority (CMA) has revealed a staggering 4275 percent surge in the value of compensation for individuals...In 2022 alone, the compensation value amounted to 1.75 billion riyals, compared to 40 million riyals in 2019, 93 million riyals in 2020, and 367 million riyals in 2021.
The number of compensators has also witnessed a significant rise, with a total of 2,352 individuals seeking compensation in the past four years.
RIYADH, SAUDI ARABIA - Saudi Venture Capital (SVC) announced its investment of US$30 million in Bedaya Fund II, which is...SVC is a government investment company and is a subsidiary of the SME Bank, one of the development banks affiliated to the National Development Fund.
SVC aims to stimulate and sustain financing for startups and SMEs from pre-Seed to pre-IPO by investing $1.6 billion in funds and co-financing in startups.
Despite this pessimistic view, however, 61 percent of the surveyed graduates expressed interest in joining the private sector, said PwC's...Despite this pessimistic view, however, 61 percent of the surveyed graduates expressed interest in joining the private sector, said PwC's Emiratization Survey 2023.
The survey sheds light on the efforts made by the UAE to enhance Emirati participation in the private-sector workforce, in line with the country’s national vision mandate.
After talking to Macron, Musk will appear before an audience of thousands at VivaTech for what is billed as an...Macron confirmed during a visit to France's technology trade fair VivaTech earlier this week that he would meet the businessman to "tout the attractiveness of France and Europe"
After talking to Macron, Musk will appear before an audience of thousands at VivaTech for what is billed as an hour-long "conversation" with the event's French founder Maurice Levy
Dubai, UAE - Dubai witnessed 604 sales transactions totaling AED2.1 billion ($567.8 million) on Thursday in addition to 106 mortgage...The sales transactions consisted of 557 villas and apartments worth $449.6 million and 47 land plots worth $117.7 million
As for the mortgage deals, 94 villas and apartments were involved, with a value of $67.8 million, along with 12 land plots valued at $23.7 million
Driven by expats and national development programs, the UAE and Saudi Arabia are expected to experience growth in consumer and...Driven by expats and national development programs, the UAE and Saudi Arabia are expected to experience growth in consumer and enterprise segments, say experts
Telecom operators in the region are diversifying into fintech, gaming, healthcare, cybersecurity, cloud, IoT, and emerging tech, driving digital transformations across sectors
BERLIN, GERMANY - German industrial giant Siemens said on Thursday it would build a new high-tech factory in Singapore and expand...Details on further investments in Europe and the United States across the globe are expected to follow, said Siemens.
The group's announcement came after the German government published its first National Security Strategy that took aim at China for acting against Berlin's interests.
COLOMBO, SRI LANKA - Crisis-hit Sri Lanka's economy shrank by 11.5 percent in the first quarter just before an IMF bailout...The contraction in the first three months compared with shrinkage of 0.5 percent in the corresponding period of 2022.
A currency crisis from late 2021 led to severe shortages of food, fuel and medicines and triggered months of protests.
DUBAI, UAE : In the first five months of 2023, Audi Middle East achieved a 33 percent growth compared to...This success is bolstered by Audi's strategic partnerships and investments in electric vehicle infrastructure across the Middle East.
Audi's EV portfolio now features an extensive range of models, spanning sports cars, sedans, hatchbacks, and the SUVs.
