Mawani completes Red Sea Gateway Terminal at Jeddah Islamic Port
Riyadh, Saudi Arabia - The Saudi Ports Authority, Mawani, announced the completion of the Red Sea Gateway Terminal at Jeddah...Business Economy
Google AI research hub in Paris to host 300 experts
The new hub part of a trend for big tech firms to base teams in European centers.Company News Business
NEXT50 unveils platform for firms to maximize their business values
Abu Dhabi, UAE -- NEXT50 today launched PLATFORM50, a one-stop-shop solution for organizations to maximize business value and address tomorrow’s...PLATFORM50 is designed to support organizations as they accelerate the adoption of AI, advanced analytics-based solutions, and automation.
AI is set to contribute up to $15.7 trillion to the global economy in 2030 and $320 billion to the Middle East alone.
Saudi Aramco only behind Apple in market cap
The world's largest producer of oil and world's most profitable company marginally overtook Apple with a market capitalization in excess...Technology companies have dominated the top five, with four companies being from this sector in the past 10 years.
Though primarily owned by the state, the energy giant raised $29.4 billion in an Initial Public Offering in 2019.
Mohammed bin Rashid approves Dubai rural area development master plan
DUBAI, UAE - Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai has approved the...The Plan seeks to preserve the nature of areas including Lehbab, Margham, Al Marmoom, Al Lisaili, Al Faqaa and Al Aweer.
It also aims to offer a unique touristic experience and transform each area into a key tourist destination in the emirate.
Dubai plans to set up country-specific councils to boost non-oil foreign trade
Dubai, UAE---Dubai Chambers unveils plans to establish new country-specific business councils operating in the emirate and expand their roles to...The announcement was made by Abdul Aziz Al Ghurair, Chairman of Dubai Chambers at the Diplomatic Circle Dinner 2022.
More than 150 ambassadors, consul generals and commercial attachés were present at the Diplomatic Circle Dinner 2022.
Saudi Minister inaugurates Aquatic Animal Diseases Network
RIYADH, SAUDI ARABIA - Saudi Minister of Environment, Water and Agriculture, Engineer Abdul Rahman bin Abdul Mohsen Al-Fadhli inaugurated Sunday...The launch aims to strengthen the aquaculture industry, prevent aquatic diseases, support the production of aquatic organisms.
It also aims to meet the growing demand for aquaculture and its products, reduce the spread of diseases, train veterinarians and specialists in aquatic health.
SCCI, Moscow Chamber discuss trade, cooperation
SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) discussed business and investment opportunities in the UAE and...Sharjah has many strategic advantages for Russian companies which plan to expand in the region's markets.
Sharjah is an ideal environment for industrial companies in various sectors, especially startups.
DEWA commissions two new transmission substations
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has commissioned a new 132/11kV substations in Al Awir First with...DEWA inaugurated a new transmission 400/132kV substation in Jebel Ali First.
DEWA inaugurated an overhead cables with a conversion transmission of 2,000 MVA, at a total cost of US$92 million.
Qatar records ‘impressive’ 94% attendance in World Cup first round
Doha, Qatar— After the first round of FIFA World Cup group stage matches were completed, official figures show that the...The highest match attendance of the tournament was the game at Lusail Stadium on 24 November, with 88,103 there to see Brazil beat Serbia 2-0
For all other matches, a minimum 40,000-seater capacity is required, with the demountable Stadium 974 being the most compact of all Qatar 2022 venues (44,089)
Mexico coach Martino anticipates Saudi Arabia shoot-out
Doha, Qatar— Mexico coach Tata Martino said he was expecting a shoot-out with Saudi Arabia in their final World Cup Group...Lionel Messi and Enzo Fernandez's strikes helped the Albiceleste win 2-0 at the Lusail Stadium, leaving the Mexicans bottom of the group
Mexico will likely need to win by at least three goals against Saudi Arabia to qualify
Migrant workers watch Messi’s magic on the cheap
Beating their chest in delight, tens of thousands of migrant workers witness Messi's magic in a game that saw Argentina...A woman DJ entertains the overwhelmingly male and South Asian crowd before each match with Hindi pop songs and Bollywood videos
A few thousand 40 riyal ($10) World Cup tickets were put on sale and quickly snapped up
