San Francisco, United States - Netflix on Thursday said it added more than five million subscribers in the recently ended quarter...
- OpenAI has finalized a deal to receive US$6.6 billion in new funding from investors who valued the company at US$157...
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.
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.
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.
ABU DHABI, UAE - Insurance shares distributed among beneficiaries is one of the most essential privileges in the Federal Law...The authority said that shares are distributed to the daughter, sister or mother if they are widowed or divorced and to the son or brother if they are disabled.
Pension shares are distributed to the heirs once the pensioner is deceased, given that those heirs do not earn a salary or receive their own pension.
ABU DHABI, UAE - The Abu Dhabi Department of Economic Development (ADDED) has completed the e-link project with four freezones...The e-link with freezones helps in providing info and data of the beneficial owner of economic establishments in line with laws and regulations in the UAE.
They will enhance the country status in following highest level of international standards of transparency and governance.
BRUSSELS, BELGIUM - EU energy ministers met Thursday to debate measures to mitigate the energy crunch in Europe but were...They were to discuss a proposal by the European Commission, unveiled just two days earlier, that would set a cap on gas prices at 275 euros per megawatt hour.
Many members complained that the plan comes with such conditions attached that it was designed never to be used.
Wednesday's much-anticipated minutes showed most US central bank chiefs felt smaller increases would "likely soon be appropriate" as the economy...Bets were growing on officials announcing a 50-basis-point lift at their December gathering, down from four straight 75-point hikes
Investors are keeping a close watch on China after it announced new Covid cases on Thursday as authorities worked to curb the spread with snap lockdowns
Journalists have been tied to the platform for announcements by politicians and celebrities -- most famously the dreaded late-night and...There has been fevered talk of the platform's imminent demise since billionaire Elon Musk took over last month and began firing vast numbers of staff
End of the Twitter could spur a return to "more traditional ways of researching and reporting", said Mathew Ingram, digital media specialist at the Columbia Journalism Review
The 252,000 square metre fulfilment centre facility is being designed and developed by KEZAD Group under a Build-to-Suit agreement.The 252,000 square metre fulfilment centre facility is being designed and developed by KEZAD Group under a Build-to-Suit agreement
KEZAD Group is the integrated trade, logistics, and industrial hub of Abu Dhabi and a fully-owned subsidiary of AD Ports Group
- It will now trade on Boursa Kuwait under KPROJ.
KIPCO's authorized, issued and paid-up capital now stands at $1.55 billion distributed over 5.048 billion shares
KIPCO's market capitalization is now over $1.94 billion, it said, adding that the combined portfolio would further diversify revenue streams
