The company's revenue increased by 29 percent to $3.54 billion.
Political and tech industry leaders were set to descend on Paris Monday for a two-day summit on artificial intelligence, hoping...
There is a rise in the interest of foreign investors in the MENA startup ecosystem as their share increased from...There is a rise in the interest of foreign investors in the MENA startup ecosystem as their share increased from 20 percent in 2021 to 47 percent in 2022, reports suggest.
A staggering 61 percent of all daring loans were invested in financial technology between 2018 and 2022, reflecting the rising tide of risky spending across the region
The farms will have a capacity of 1.1m kg of crops per year.The agreement aims to optimize natural resources through indoor vertical farming, which requires no arable land.
The partnership will allow for sustainable, local sourcing of high-quality crops all year round, grown with AeroFarms' AgTech platform.
It was signed with Integrated Telecom Company and TAWAL.The 15-year design, build and operate contract covers open-access services for visitors, tenants, and residents of Diriyah.
In addition, more than 80 telecommunication towers are expected to be erected over the next three years.
- Ismailia, Egypt--A ship on Wednesday became stuck in Egypt's Suez Canal but traffic through the vital waterway was unaffected, a source...
Connecting the Red Sea and the Mediterranean, the Suez Canal accounts for roughly 10 percent of global maritime trade and the majority of oil transported by sea.
In recent months, two vessels briefly ran aground in the canal, sparking fears of a repeat of a 2021 incident when container ship Ever Given became diagonally wedged in the canal.
The majority of the EU's response involves repackaging already existing funds, a stop-gap measure that has earned much criticism. German...The measures are a response to a landmark US spending bill last year that funnels $370 billion into subsidies for America's energy transition.
While countries like France support state aid expansion, others argue that would help only richer member states and fragment the single market.
Dubai, UAE– Dubai witnessed a 5.5 percent increase in energy demand in 2002, from 50,402 GWh to 53,180 GWh, said...DEWA provides electricity and water services to 3.514 million people living in Dubai and the Emirate’s active daytime population of over 4.7 million.
These numbers are expected to grow to 5.8 million and 7.8 million, respectively by 2040.
Geneva, Switzerland---Eight humanoid robots will be the star attractions when the United Nations hosts its first summit since the start of...The AI for Good Global Summit, first held in 2017, will return to Geneva on July 6 and 7 after a three-year Covid-imposed break.
The event will aim to showcase how artificial intelligence and other new technologies can help reach the UN's so-called sustainable development goals.f
- SHARJAH, UAE -- Arada announced on Tuesday that it has completed the first set of homes in East Village as...
Under the project, which features 2,000 units, , a total of 1,621 apartments have been finished across 14 buildings
Each apartment block has communal areas, with additional space set aside for local facilities, including small shops and cafes
- Paris, France-- The electrification of the auto industry is gathering pace, particularly in Europe, where the sale of new cars running...
US is giving its electric car industry a major boost with the passage of a $370 billion green energy bill that includes tax cuts for US-made electric cars and batteries
Tesla has announced price cuts on electric cars of up to 20 percent in Europe and the United States in early January, quickly followed by a similar move from Ford
- The oil company's profits during Q4 stood at $12.8bn.
Profits rose 43.7 percent to $12.8 billion in the fourth quarter, thanks to higher oil and natural gas prices and better refining margins compared with the year-ago period.
The company's revenues from October through December rose 12.3 percent to $95.4 billion
