Maaden raises $1.25bn in sukuk offering
The Sukuk were offered in a five-year and a 10-year tranche.Company News Business
DAE net profit up 36.2%
Revenues grew by 9 percent to $1.42bn from $1.31bn in 2023.Company News Business
Davos25: Qatar, Saudi, UAE to lead GCC transformation, says Cytomate COO
DAVOS, Switzerland -- Bilel Al Souaied is an entrepreneur and venture capitalist. He is the COO of Cytomate, a leading...Since the discovery of hydrocarbons, GCC has been experiencing several economic models. Some of them proved to be working, some not.
"We do have one of the most advanced educational ecosystems. Qatar is leading the way in terms of that," Bilel said.
Davos25: Kyrgyzstan beckons with lax tax regime, says CEO of country’s tech hub
Davos, Switzerland -- Aziz Abakirov, the CEO of the High Technology Park of the Kyrgyz Republic, represents a unique initiative...Companies in Kyrgyzstan High Technology Park enjoy 1% tax on turnover and zero tax on certain activities, including crypto.
Our main focus is to attract partners who value skilled talent and are looking to collaborate with us, Abakirov said.
US$1.5 billion Amazon protection plan launched in Davos
A carbon markets investor backed by Swiss-trading house Mercuria said on Wednesday it had joined with two non-profits to raise...The Amazon closer to the point where it becomes a net emitter of carbon emissions
EU's 27-nation bloc will stick to the landmark Paris climate accord
Social media’s evolving role in GCC spotlighted at Doha conference
Doha, Qatar – The Qatar Investment and Innovation Conference, held on Wednesday, at Barahat Msheireb in Msheireb Downtown Doha, brought...The conference, co-hosted by Msheireb Properties and The Business Year, explored critical themes critical to the GCC’s position as a leading investment hub
Julien Hawari, CEO of Million and Sirius Lab, highlighted key social media trends in the region, such as the rise of content driven by younger, tech-savvy demographics
Masdar targets 100 GW of clean energy by 2030
Abu Dhabi, UAE - Fatima Al Suwaidi, Head of Development & Investment (APAC) at Masdar, has affirmed the company's ambitious...Masdar has successfully implemented 31 GW of clean energy projects across 40+ countries, expanding its global footprint
In 2024, Masdar doubled its clean energy production capacity, underscoring its leadership in the sector
Creators HQ, X announce strategic partnership to produce authentic, meaningful content
Dubai, UAE - Creators HQ in the UAE, the world’s first international hub for the content economy’s creators and entrepreneurs,...The collaboration aims to create purposeful, credible and quality global content that reinforces the UAE’s status as a leading hub for the creative economy
This initiative coincides with the 1 Billion Followers Summit, the world’s largest summit dedicated to the content creator economy,
Latifa bint Mohammed awards UK’s Simon Squibb with ‘One Billion Award’ at 1 Billion Followers Summit
Dubai, UAE - Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, presented the...The award ceremony was held during the third edition of the 1 Billion Followers Summit, the world’s largest gathering dedicated to the content creator economy
Valued at US$1 million, the award stands as the world’s largest and most significant recognition for impactful content creators
1 Billion Followers Summit: AI’s transformative role in content creation highlighted by YouTube, Meta, Duolingo
Dubai, UAE - The 1 Billion Followers Summit, the world’s largest event dedicated to the content creator economy, brought together...YouTube's Regional Director for the Middle East, Africa, and Turkey, shared insights on the pivotal role of ultra-short videos in reshaping digital content
Fares Akkad, Regional Director for the Middle East and North Africa at Meta, revealed the company’s vision for AI and emerging technologies in content creation
Content creation key to awareness, culture, human development: Dubai ruler
Dubai, UAE -- Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, attended part of...The three day 1 Billion Followers Summit is being held in the UAE at Emirates Towers, the Dubai International Financial Centre, and the Museum of the Future in Dubai,
For the first time globally, leading platforms including Snapchat, X, YouTube, TikTok, LinkedIn, and Meta (Facebook, Instagram, WhatsApp) have come together in one place
Over 300 keynotes, panels, main sessions at 1 Billion Followers Summit’s third edition
Dubai, UAE - The third edition of the 1 Billion Followers Summit, the world’s first and largest event dedicated to...The Summit, organized by the UAE Government Media Office, will be hosted in the UAE from 11th to 13th January 2025
Participants will discuss strategies for expanding the creative industry and enhancing its contribution to development plans, both regionally and globally
