solutions by stc, Devoteam ink MoU
The aim is to foster avenues for collaboration in technology.Company News Business Tech & Media
Toyota’s Daihatsu resumes domestic production
It will make the Probox van and Mazda-branded Familia van.Business
Google looks to develop AI in one thousand languages
As progress is made on the project, which is estimated to take several years, Google plans to integrate its advances...The company wants to mine data in new languages not only from texts available on the internet but also from videos, images and speech
Meta earlier this year announced a similar plan called No Language Left Behind designed to create translation systems to cover hundreds of world languages
Brewed in Palestine, Taybeh beer comes to the UAE
The beer will not offend religious sensibilities in UAE as it is aimed at foreigners and also because it produces...The West Bank's beverage last week passed past an army roadblock on its way to the Israeli port of Ashdod from where it is exported to the UAE
Selling in the UAE market has both financial and symbolic value for Taybeh, which was launched in 1994 as the first microbrewery in the Middle East
Restoring banned Twitter accounts may take some weeks: Elon Musk
Twitter users have been watching closely to see whether Musk will reinstate Trump, banned for inciting last year's attack on...Since Musk takeover on Twitter, Trump has suggested that he would be sticking with his own Truth Social messaging platform rather than going back to Twitter.
The new Twitter boss said he had talked to civil society leaders about how Twitter will continue to combat hate and harassment and enforce its election integrity policies.
ADNOC and Siemens Energy to develop low-carbon energy certificates
Abu Dhabi, UAE---Abu Dhabi National Oil Company (ADNOC) and Siemens Energy AG today announced plans to pilot blockchain technology to...The the pilot will show how much CO2 was used to make products such as Murban crude, ammonia, and aviation fuels.
This information will be automatically recorded onto a decentralized blockchain ledger.
Americana to sell 30% stake in IPO
The company will list on ADX and Saudi Tadawul by Dec. 6.The company said it will sell 2.5 billion of its existing shares in the IPO, which expected to run from 14-21 Nov. for retail investors in the UAE and Saudi.
The final offering prices will be determined after the book-building process.
ADNOC Drilling awards $1.6 bn agreement
The award is aimed at upping lower-carbon-intensive production capacity.The award covers ADNOC’s onshore and offshore fields and will see an additional $750 million above guidance added to Oilfield Services (OFS) revenue, or $150 million per year.
The contract award brings the total value of awards confirmed by ADNOC Drilling in 2022 to $8.85 billion.
Saudi Arabia, Egypt discuss renewable energy cooperation
The two ministers also talked about the progress in the electrical interconnection efforts.The two ministers also talked about the progress in the electrical interconnection efforts
They also discussed ways to improve cooperation between their specialized businesses
Saudi Arabia and Finland to start air services and increase trade
Helsinki, Finland— Saudi Arabia and Finland have signed an agreement to regulate air transport and start air services between the...The memorandum aims to boost trade and raise the level of economic partnership between the two nations
The agreement includes the organizational clauses related to transport rights, the plurality of designating national carriers, determining the number of regular flights
e& posts 1.9% jump in profit
The telecom company's net profit vaulted to $680.5m in Q3.The telecom company said that its revenues surged to hit $3.54 billion
Its subscribers in the UAE reached 13.3 million in Q3 2022, representing an increase of 11 percent over the same period last year
40 Saudi, German companies discuss investment opportunities
The German delegation comprised companies working in the areas of water, training, education, infrastructure, industries, constructions and innovation.The German delegation comprised companies working in the areas of water, training, education, infrastructure, industries, constructions and innovation
The two countries have an institutional base for their economic ties represented by the Saudi-German Joint Committee and the Saudi-German Business Council
