Saudi Arabia aims to build ties with Canada in scientific and research fields
Riyadh, Saudi Arabia-- Saudi Arabia is exploring investment opportunities in education and aiming to attract investments to the kingdom from...Business
GPSSA clarifies conditions of insured individuals
ABU DHABI, UAE - The General Pension and Social Security Authority (GPSSA) said that the registration of insured individuals in...Emirati nationals should not be less than 18 years old nor over 60.
Entities operating in the field of tourism and hotels, including in the free zones, who employ Emiratis are all subject to the provisions of the law.
HUB71 startup community raises $1bn in venture capital
The milestone was achieved in a year which has seen Hub71 onboard 53 high growth technology companies.The milestone was achieved in a year which has seen Hub71 onboard 53 high growth technology companies
Hub71 has built a diverse capital ecosystem of active investment partners ranging from Mubadala Investment Company to over 30 VC firms to family offices
Masar signs $1.86 bn pact for construction of seven hotels in Makkah
Makkah, Saudi Arabia---Umm Al-Qura for Development and Construction Company, owner and developer of Masar Destination, an integrated urban destination in...Baytur Construction Company appointed main contractor and Al Dar to supervise the implementation.
The agreement boasts the famous hospitality brand Kempinski and the international Taj chain for the first time in Makkah.
ECB mulls rate hike slowdown on ‘peak inflation’ hopes
As part of its monetary policy tightening, the ECB will on Thursday outline the next steps in its efforts to...Following two consecutive interest rate hikes of 75 basis points, markets are on tenterhooks to see whether the ECB will keep up the aggressive pace or downshift to 50 basis points
This week's meeting of the ECB's 25-member governing council in Frankfurt will be the final one of 2022, a year that will be remembered for unprecedented consumer price shocks
Elon Musk targets US Covid response lead Fauci in viral tweet
Musk also posted a meme showing Fauci telling US President Joe Biden, "Just one more lockdown, my king..." -- in...Musk posted a meme showing Fauci telling US President, "Just one more lockdown, my king..." -- in apparent criticism of the Covid mitigation measure
Vaccine scientist Peter Hotez called on Musk to delete the tweet, saying, "200,000 Americans needlessly lost their lives from covid due to such misinformation
Algeria’s Sonatrach starts production in new gas field
The company announced the completion of production of the Tinrhert gas field at the end of November 2022.The company announced the completion of production of the Tinrhert gas field at the end of November 2022
Algeria has signed many energy agreements with European countries during the current year
ACWA Power signs deal with China
The $1.5bn deal will herald a new energy transition phase.The strategic partners from China include Industrial and Commercial Bank of China, Bank of China, SPIC Huanghe Hydropower Development Co, and China Southern Power Grid
The deals will lay the ground for financing, investment and construction of ACWA Power’s global clean and renewable energy projects in Saudi Arabia and BRI countries
Saudi Arabia and Kuwait to jointly develop Al-Durra gas field
Riyadh, Saudi Arabia—Saudi Arabia has signed a memorandum of understanding (MoU) with Kuwait on Sunday to develop Al-Durra gas field...In March the two countries had agreed to develop the Al-Durra submerged gas field
The development of the field comes in implementation of the MoU signed by Saudi Arabia and Kuwait in 2019, which included the joint work to develop and utilize Al-Durra field
Turkey’s auto sector grows 6% from Jan-Nov 2022
The sector witnessed the manufacturing of 1,210,331 cars in the period.The sector witnessed the manufacturing of 1,210,331 cars in the period
The automotive exports grew by 5 percent over the past eleven months
UN says right environment policies can generate 20 million jobs
“It is critical that as we scale up the use of Nature-based Solutions (NbS) we make sure we do not...Nature-based solutions aim to protect, restore, and sustainably manage waters and marine ecosystems.
New Green Jobs for Youth Pact, launched by ILO and UNEP at COP27, aims to create one million new green jobs.
