American spaceship lands on moon, images expected soon
The first American spaceship on the Moon since Apollo is "alive and well" following a drama-packed touchdown, the firm that...Business Geostrategy Global Science
Adani shares tank again as Indian opposition stages protests
The group owned by tycoon Gautam Adani has lost around $120 billion in value since the claims were levelled by...Trading in Adani Total Gas and in Adani Power was again suspended after the stocks fell five percent
Shares in flagship Adani Enterprises were down 2.0 percent, having been off almost 10 percent in volatile early trade
Invictus 2022 net profit $123.62m
The profit increased by 62 percent compared to 2021.The company's revenue grew by 103 percent from AED 2.94 billion in 2021 to AED 5.98 billion in 2022.
In a bourse disclosure, the company said the rise in revenue and net profit was driven by volume growth and entry into new markets and categories.
Burjeel signs MoU with Leejam
The two will run wellness centres in Saudi Arabia.The two will operate a network of more than 60 physiotherapy, rehabilitation and wellness centres in Leejam clubs across the kingdom
The joint venture is supported by the Saudi ministry of sport, as it continues to promote initiatives aimed at improving and developing the sports environment in the kingdom
Renault, Nissan approve alliance
The carmakers said that they "rebalanced" their relationship.The agreement includes Nissan taking a stake of up to 15 percent in Renault's new electric vehicle venture Ampere
The Renault board approved the deal on Sunday while Nissan signed off on it on Monday, a week after the agreement was announced
DP World handled 79mn TEU across its container terminals in 2022
The company’s growth was driven by Asia Pacific, the Americas and Australia region, the Group Chairman and CEO Sultan Ahmed...The company’s growth was driven by Asia Pacific, the Americas and Australia region, the Group Chairman and CEO Sultan Ahmed Bin Sulayem
Jebel Ali’s high-margin origin and destination cargo grew by 8.6 percent, with overall volume growth steady at 1.7 percent for the year, the top executive said
Middle East talent hunt pits UAE against Saudi Arabia
The two biggest economies of the region are leaving no stone unturned to hire the most talented professionals in order...Corporate groups are enticing chief executives from corporations in the West with an array of choices, including large joining bonuses and buying out extended notice periods
Recruiters hiring for Saudi Arabia have a harder time though to convince professionals to relocate to the kingdom than do headhunters recruiting for the UAE
Dubai’s government, private sector to discuss future at Innovation Talks
DUBAI, UAE - The Innovation Talks series will bring together heads and representatives of Dubai government departments, and experts from...The three-day Innovation Talks series will include keynote sessions and knowledge seminars.
The series emphasizes the importance of innovation, especially in providing services and increasing the effectiveness of procedures.
By 2022 end, Saudi mining complexes in 13 provinces reach 377
Riyadh, Saudi Arabia---Saudi Arabia's Ministry of Industry and Mineral Resources said Sunday that the number of mining complexes in the...The Makkah region had the highest number (76) complexes, followed by the Riyadh region with 60 complexes.
More than 20 different minerals, including gravel, gold, iron, copper, granite and marble, are found in these complexes.
Qatar’s Hamad International Airport aims to beat passenger record
The airport recorded 39.5 million passengers in 2019 before the coronavirus pandemic struck, and last week announced that with the...Tourism minister and Qatar Airways chief executive Akbar Al-Baker said capacity restrictions at the airport held back numbers last year.
The wealthy Gulf state is spending billions of dollars expanding capacity at Hamad airport to 70 million people a year and increasing Qatar Airways routes.
Dubai Customs, Dubai Chambers discuss support for private sector
DUBAI, UAE - Dubai Customs and Dubai Chambers discussed supporting businesses and the private sector and enhance the emirate’s competitiveness...Dubai Customs, Dubai Chambers discussed their shared plans and strategies, including the electronic integration of services.
They also discussed the development of new services to consolidate Dubai’s position as a major global economic hub in the next 10 years.
