AI in the Middle East: From potential to profit
The region is making significant strides in integrating AI into various sectors, promising substantial productivity gains and innovation, a latest...Business
ATO partners with ISM to boost tourism in the Middle East
Jeddah, UAE--The Arab Tourism Organization (ATO) has signed a partnership agreement with the International Strategic Management (ISM) company to achieve...Business Tourism
Architect seeks pro-climate construction change
The industry accounts for almost 40 percent of global greenhouse gas emissions, according to the UN. Lina recommends refurbishing and...Ghotmeh used more than 500,000 bricks made from local dirt for a new Hermes building in France, expected to open early next year.
The bricks also regulate the building's temperature and reduce energy needs. The building will produce as much energy as it consumes.
Saudi would back bids for Man Utd, Liverpool, says sports minister
Saudi Arabia would back private bids for Manchester United or Liverpool, its sports minister said, adding the kingdom was keen...Saudi Arabia last year snapped up England's perennial under-achievers Newcastle - at is now third in the Premier League.
Saudi Arabia's chances of bidding for the World Cup would increase if it wins hosting rights for the 2026 and 2027 women's and men's Asian Cups.
DEWA to hold second General Assembly in December
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA), which is listed on the Dubai Financial Market (DFM), has announced...The assembly will vote on the recommendation of the Board of Directors to distribute a special one-time cash dividend of US$552 million to its shareholders.
For the year 2022, DEWA intends to pay its shareholders a total dividend of $2.24 billion.
Poland opens Representative Office in UAE to boost trade relations
Abu Dhabi, UAE---Poland has opened a representative office in UAE capital Abu Dhabi to fuel the growth of bilateral trade...The announcement of the launch was made at the Poland Business Forum, which started on Friday to discuss investment and trade cooperation between UAE and Poland.
The forum was organized by the Abu Dhabi Department of Economic Development (ADDED), the Government of Silesia, and the Embassy of the Republic of Poland in the UAE.
Abu Dhabi to host Annual Investment Meeting in May 2023
The AIM Global 2023 is supported by the Ministry of Industry and Advanced Technologies, with the ADDED as a lead...The AIM Global 2023 is supported by the Ministry of Industry and Advanced Technologies, with the ADDED as a lead partner
The meeting will be attended by decision-makers, investors, experts, and academic figures from all over the world
UAE takes part in IORA meetings in Bangladesh
DHAKA, BANGLADESH - The UAE participated in the Indian Ocean Rim Association's (IORA) 22nd Council of Ministers (COM) meeting and...The UAE affirmed its commitment to promoting inclusive growth and prosperity within the Indian Ocean region.
The launch of the Sheikh Zayed IORA Scholarship for Humanitarian Action and Development was officially announced.
EIC calls UAE as the leader in renewable energy sector
London, UK --The Energy Industries Council (EIC), one of the world’s largest energy trade associations, has released a report on...An EIC report titled “UAE: EIC Country Report – November 2022”, highlights the UAE’s Hydrogen developments in the sector.
“The UAE could be a key player and deliver 25 percent of the production of the global low-carbon hydrogen market by 2030,” the report said
Nestle pours $1.8 bn in S Arabia
Firm said this will help bolster its presence in kingdom.Nestle's announcement is likely to be a major boost to Saudi Arabia as the kingdom pushes to attract greater foreign investment.
Nestle will build a new factory, due to open in 2025 that will produce infant nutrition products and ready-to-drink coffee.
ADFD to finance building, upgrade of water projects in Argentina
Abu Dhabi, UAE---Abu Dhabi Fund for Development (ADFD) will finance a water project in Cordoba province of Argentina under an...Costing, $28.8 million, the project will see building of modern water plants and expanding existing water stations in 26 villages of Cordoba province.
The project will involve the laying of about 255-kilometer supply lines and establishing 14 new pumping stations and purification plants.
Jordan Minister calls for MENA-Europe electric connection project
AMMAN, JORDAN - Jordan's Minister of Energy Saleh Kharabsheh stressed on the importance of conducting an electrical interconnection project to...Jordan's Minister said electric connection with Europe achieves integration by supplying the continent with relatively low-cost energy.
He said that Jordan seeks to turn its electric power grid into a smart one.
