Abu Dhabi, UAE -- Real estate transactions across five emirates in the UAE surged to over AED 239 billion ($65...
Beijing, China -- The United States has taken aim at China's Huawei over the cutting-edge chips powering artificial intelligence (AI),...
The company posted a 23% increase in revenue.The capital expenditure rose materially by 606 percent with a total spending of SAR 1.7 billion.
The company said the "strong cash position" achieved in 2022 was driven by the proceeds generated from the IPO of SAR 872 million
- BELGRADE, SERBIA - UAE Minister of State for Public Education and Advanced Technology Sarah Al Amiri discussed cooperation in research...
The UAE minister discussed ways to enhance cooperation between the two nations in her visit to Serbia.
She also discussed ways and means to strengthen the education system and vocational schools.
Dubai, UAE -- AD Ports Group said Sunday it has signed a concession agreement to develop and operate a multi-purpose...These agreements are aimed at enabling a major expansion of the AD Ports’ activities into Egypt, the Group said in a statement.
Safaga terminal will be developed over an approximate area of 810,000 square meters and is set to be operational in Q2 2025.
Doha, Qatar--In a sign of growing business ties between Qatar and France, trade between the two countries has increased by...Qatar Chamber took part in the Arab French Economic Summit 2023 in Paris run under the theme "a partnership that must be forged in a world in crisis"
Khalifa bin Jassim Al-Thani, Chairman of Qatar Chamber, affirmed his keenness to enhance cooperation between the Qatari and French private sectors
- Doha, Qatar-- Qatar’s Communications Regulatory Authority (CRA) released the National Blockchain Blueprint prepared in partnership with Hamad Bin Khalifa University...
The initiative is designed to build a legislative basis for blockchain, establishing a strong foundation for the government’s strategy in this sector
The blueprint outlines critical blockchain prerequisites and offers suggestions for attaining the intended goals
- Riyadh, Saudi Arabia-- The market capitalization of Tadawul, the Saudi stock exchange, has shot up 477 percent to $2.6 trillion...
Yazid Al-Dumaiji disclosed that there are almost 80 applications under review for initial public offering (IPOs)
He said Tadawul witnessed a rise of 388% in foreign investments to reach a historical level of US$93 billion in 2022
- Saudi Arabia and US tech firms have numerous partnerships and investments, with the PIF investing over US$7bn in American companies...
Saudi Arabia and US technology firms have numerous partnerships and investments, with the PIF investing over US$7bn in American companies and banks, with key focus on tech sector
Middle East startups, however, have become resilient and resistant to setbacks, with a well-established network of startup incubators in Dubai, Abu Dhabi, Riyadh, Manama, and Doha
Turkey announced the extension of a deal that has allowed exports of Ukrainian grain to resume following Russia's invasion, but...Turkey and the United Nations did not specify the duration of the grain deal.
A deal brokered by Turkey and the United Nations in July 2022 - and signed by Kyiv and Moscow - had allowed for the safe passage og grain supplies.
- AMMAN, Â JORDAN - Â Vice President of the Jordan Chamber of Commerce (JCC) Jamal Rifai discussed with Hungarian Ambassador to Jordan...
The joint Jordanian-Hungarian committee aims to present investment opportunities in the two countries.
In 2022, Jordan's exports to Hungary was worth US$1.15 million and imports were US$34 million, as per official data.
Riyadh, Saudi Arabia -- The global credit rating agency S&P Global Ratings updated its credit report for Saudi Arabia, raising...The agency highlighted the kingdom's strong real GDP growth of 8.7 percent in 2022, the highest among the G-20 economies
It forecasts the non-oil sector to remain strong through 2026 due to service sector growth supported by the ongoing social reforms
