- Affirma is in talks with Moelis & Co. on the sale of its minority stake in the company, sources told...
Affirma is in talks with Moelis & Co. on the sale of its minority stake in the company, sources told the agency
The Middle East is becoming increasingly attractive to private equity players thanks to strong post-pandemic economic growth
- The ADGM Arbitration Centre has launched the world’s-first service that hosts mediation in the metaverse. Interestingly, it was one of...
The ADGM Arbitration Centre has launched the world’s-first service that hosts mediation in the metaverse. Interestingly, it was one of the focuses of Dubai event held in May
ADGM’s “mediation in the metaverse” service will provide a more immersive experience, enhancing virtual mediation by allowing the participants to access a 3D office space.
- Apple and Google "have an effective duopoly on mobile ecosystems that allows them to exercise a stranglehold over operating systems,...
An overwhelming 97 percent of all mobile internet browsing in Britain took place using Apple or Google technology in 2021
Many UK companies and web developers argue that the status quo is harming their businesses, holding back innovation and adding costs
- In a dry country where access to water is already far below the 1,700 cubic meters per resident per year...
Used in moisturizing and anti-ageing products, the oil is a much-needed cash cow in a region where one third of people live in poverty
The success of the prickly pear in Zelfen has prompted farmers in other regions such as Nabeul and Kairouan to take an interest
- Abu Dhabi, UAE—Masdar will develop a 100 megawatt solar plant in Turkmenistan, the company's first such project in the country....
In this regard, Masdar signed a joint development agreement (JDA) with Turkmenenergo State Power Corporation of the Ministry of Energy of Turkmenistan (Turkmenenergo)
Turkmenistan is looking to modernise its energy infrastructure and reduce its dependence on hydrocarbons
- Dhahran, Saudi Arabia-- Saudi Aramco Tuesday signed 59 corporate procurement agreements (CPAs) valued at $11 billion with 51 local and...
Valued at $11 bn, the agreements were signed with 51 local and global manufacturers, with potential to create 5,000 new jobs in the kingdom over the next decade.
They cover multiple strategic commodities, such as drilling chemicals, wellheads, switchgears, vibration monitoring systems, pipes and compressors.
- Dubai, the world's busiest airport for international passengers before the Covid-19 pandemic, had 18,455,938 visitors in the three months to...
Passenger forecasts have now been raised to 64.3 million for 2022 with "the prospects of a stronger surge in the offing" in the final quarter
The airport had 46.3 million passengers from January to September, up 167.6 percent year-on-year
- ADIB Securities is a Shari'a-compliant brokerage firm in the UAE.
The Abu Dhabi-based brokerage reported a 149 percent increase in its Digital Trading platform utilization compared to the same period last year.
The growth was largely driven by a strong increase in the number of transactions routed through the company's digital channels.
- The $3.2bn plant will make batteries for electric vehicles.
LG Chem said the plant will be capable of producing 120,000 tonnes of cathodes a year by 2027, enough to power 1.2 million pure electric vehicles
Cathode, a key component in rechargeable batteries, is made up of nickel, lithium and other materials, and comprises around 40 percent of the cost of electric vehicle batteries
- Kuwait City, Kuwait— Encouraging Kuwaiti entrepreneurs to make investments in the UK, Penny Mordaunt, Leader of the House of Common,...
She said that she discussed with the prime minister the partnership that has existed for long years at the defense and cyber security levels
Mordaunt added that her talks with the Kuwaiti officials during her visit addressed prospects of increasing cooperation in investments and the Kuwaiti businesses in her nation





















