Washington, United States -- After delaying an earlier attempt due to bad weather, Amazon is preparing to launch its first...
- Even if they don't all acknowledge it so openly, firms in many different sectors are stockpiling their products in the United...
UAE minister said that the emirates will continue its efforts to build partnerships with strategic global markets under the country’s...The trade and investment exchanges between the two countries continue to grow as the non-oil trade reached $58.7 million in 2022
The UAE’s investments in Costa Rica span sectors such as IT, tourism, retail, advertising, media, real estate, renewable energy, air transport, and logistics.
Each will be managed by its own CEO and board of directors.The restructuring is likely to enable each separate business to pursue its own fundraising and public listing plans.
Hangzhou-based Alibaba said the moves were intended to "unlock shareholder value and foster market competitiveness".
Berlin, Germany - Germany's anti-cartel watchdog said Tuesday it was examining if it needed to place US giant Microsoft under close...The Federal Cartel Office said it was taking a first step to see if Microsoft is of "paramount significance across markets".
Big tech companies have been facing increasing scrutiny around the globe over their dominant positions as well as their tax practices.
The UAE is likely to remain the top e-commerce market in the GCC in 2023 but Saudi represents the largest...E-commerce in the GCC, according to a recent research report, has expanded by 22 percent over the previous two years.
Over 46 percent of online buyers in Saudi Arabia and the UAE planning to continue relying on online retail stores rather than visiting shopping malls.
- The kingdom witnessed 6.2 percent non-oil real GDP growth, the highest since 2012 and higher than the 5 percent annual...
The kingdom also reported a drop in deficit to GDP to -1.1 percent, a drop in debt to GDP to 100 percent and a primary surplus of 3.3 percent.
The Economic Recovery Plan is one of Bahrain’s biggest programs, with over $30 billion catalyzed for investment and reforms made to improve ease of doing business.
- The participation of Emirati firm ADNOC is the latest sign of the quickening normalisation of relations between Israel and the...
NewMed, which holds 45% of Israel's Leviathan offshore gas field, said the offer was received on Monday, noting it had appointed an audit committee to examine the deal
BP said that together with ADNOC, it has made offer to take NewMed through an acquisition of the free float and a partial acquisition of its holding company Delek
- Moscow, Russia--Russian oil sales to India surged more than twentyfold last year as European buyers turned to other markets following the...
When EU nations began ending thier reliance on Russian energy supplies, Moscow shifted its oil exports to India and China
Compared to last year, Russia's oil-export revenue dropped by almost half in February, according to the International Energy Agency
Abu Dhabi, UAE -- Borouge is supplying sustainable “Made in UAE” polyethylene materials worth AED120 million ($32 million) that are...Borouge’s contribution to these mega projects is driven by collaboration with the local manufacturing companies.
The pipes used in these projects were made from various grades of Borouge BorSafe™ PE100 polyethylene materials.
- Doha, Qatar--Qatar's bourse intends to open a new derivatives market that will allow investors to trade options and futures on...
The country's financial regulator has issued a new regulatory framework for listed derivatives after a long consultation with investors and market participants
Qatar is now focused on building its equities market by opening it up to a wider investor base and introducing more listings
Abu Dhabi, UAE - Mansour Ibrahim Al Mansouri, Mansour Ibrahim Al Mansouri, Chairman of the Board of Directors of Presight,...Al Mansouri said that Presight has a plan for regional and international expansion and the provision of solutions to customers in big data and artificial intelligence
Group 42 (also known as G42) is an artificial intelligence and cloud computing company that was founded in Abu Dhabi, United Arab Emirates in 2018
