The generator, known as a range extender, is connected to the cars' batteries and feeds them only when needed. Since...
10 of these being acquired for its flydaeal low-cost airline
Abu Dhabi, UAE -- Abu Dhabi Future Energy Company (Masdar) has signed an agreement with Uzbekistan’s Ministry of Energy (MoE)...Besides 2 gigawatts of solar and wind projects, 500 megawatt-hours of battery energy storage at multiple sites across the Central Asian country would also be developed.
Uzbekistan plans to achieve 7GW of solar and 5GW of wind capacity by the end of the decade. Masdar’s portfolio in Uzbekistan includes the largest wind farm in Central Asia.
With 45 percent unemployment in Gaza, according to the International Monetary Fund, Khoudair's bees provide her with a job.Despite the dangers, the frontier's farmland offers some of the only areas in Gaza's densely-populated urban environment suitable for beekeeping
With 45 percent unemployment in Gaza, according to the International Monetary Fund, Khoudair's bees provide her with a job
The investments this year account for 37 percent of the sector's total, and 17 percent of the total existing factories,...A spokesman of the ministry said in a statement that foreign investors had 930 factories in the kingdom, or 9 percent of the total with over SAR 71 billion investments.
The number of factories totaled 10,910 with over SAR 1.46 trillion in investments in the five-month period this year.
Twitter called on Microsoft to identify all Twitter content that has been in its control during the past two years;...Microsoft stopped accessing Twitter data in April, opting not to pay fees Musk demanded developers pay for APIs that engage with the platform, according to the letter
Elon Musk, the billionaire boss of Twitter last month fired off a Tweet accusing Microsoft of illegally using Twitter data to train artificial intelligence, writing "lawsuit time"
- Riyadh, Saudi Arabia - Saudi Arabia’s Tourism Development Fund (TDF) has announced the signing of a Memorandum of Understanding with...
The destinations may include beach and urban hotels, as well as mountain, desert and farm retreats
They will be developed under Hyatt’s existing trademarks, such as Alila Resorts, Park Hyatt, Grand Hyatt etc
A pragmatic framework for cooperation has been established between the two entities, fostering an ongoing exchange of views on mutual...OPEC Secretary-General Haitham Al Ghais emphasizes the importance of the dialogue partnership with China, with a plan to reinforce and strengthen it
A balanced framework for cooperation between OPEC and China has been established, facilitating an ongoing exchange of views on mutual energy issues, he says
- Abu Dhabi, UAE - Bank investments in the UAE hit $147 billion by the end of February, the highest level...
Held-to-maturity securities accounted for 42.5 percent of the total investments, reaching $52.4 billion
The bank stock investments reached $3.3 billion in February, a rise of approximately 1.7 percent
Saudi Arabia emerges as an appealing market for foreign corporations interested in M&A deals due to rising global crude oil...Saudi Arabia emerges as an appealing market for foreign corporations interested in M&A deals due to rising global crude oil demand, Vision 2030, and private sector development
Digital transformation and ESG considerations are shaping businesses, leading to an upward trend in 'green' related acquisitions in the Gulf as investors get more eco-friendly
- SAMARKAND, UZBEKISTAN - The UAE, represented by the Ministry of Finance (MoF), participated in the 2023 Annual Meeting of the...
Representatives of member states, private sector, the Board of Directors and the bank's management attended the meeting.
The UAE said focus should be on enhancing regional, global integration, to facilitate trade, investment and closer economic cooperation.
Dubai, UAE -- Dubai real estate market recorded deals worth more than AED 1.7 billion (on Thursday, Dubai Land Department...The deals include 451 sales transactions worth AED1.48 billion, in addition to 110 mortgage deals of AED245.8 million.
April 2023 was the best month in a decade for Dubai's real estate market, both in terms of the number of transactions and the value of these deals.
