- The Riyadh Chamber hosted a meeting in which 23 Russian companies and representatives of the Saudi Arabian business sector participated.
The meeting stressed the importance of commercial relations between Saudi Arabia and Russia.
Businesses can benefit from investment opportunities and partnerships in the two countries.
- Riyadh, Saudi Arabia--Saudi Arabia's General Authority of Ports (Mawani) has signed a contract with Globe Group, a marine services company,...
The integrated logistics zone and a re-export zone in Jeddah Islamic Port will be constructed on an area of 135,000 square meters.
Mawani said the logistics zone will enhance the port’s competitive advantage and support national companies specialized in the logistics sector.
- Germany pushed back against critics of a 200-billion-euro ($198-billion) energy fund, as Berlin faces fresh accusations it is going it...
France and key members of the European Commission are asking for EU-wide solutions to the energy crunch aggravated by the Ukraine war.
They fear that European countries with high debts cannot afford the largesse demonstrated by Germany, the EU's biggest economy.
- The visas currently under process, even those in the last stages of completion, will also be valid for two years...
The decision comes into effect from October 3, 2022. Earlier, the residence visas were valid for three years.
The UAQ Free Zone says that all residence visas or Emirates IDs issued for three years will be valid until renewal.
- Asian and European stocks rallied and the dollar dipped as weak US data sparked hopes the Federal Reserve could ease...
Monetary tightening by Federal Reserve and other central banks has raised fears that it could plunge countries into recession.
Eurozone manufacturing survey data showed a contraction on the back of the region's ongoing energy crisis.
- Firm aims to expand its utilities, energy investments.
Multiply Group had recently invested US$2.7 billion in a 7.3 percent stake in the Abu Dhabi National Energy Company.
Other investments include 100 percent ownership of PAL Cooling Holding, one of the top players in the UAE’s district cooling industry.
- The long-awaited feature to edit tweets is being rolled out to those subscribing to Twitter's Blue service in Australia, Canada...
The tool will let users edit a tweet up to five times within 30 minutes of initially posting, Twitter said
An aim of the tweak is that "Tweeting will feel more approachable and less stressful," Twitter said while testing the feature
- Under the $123m project, nine apartment blocks will be built.
Consisting of 740 homes in total, the buildings include the five Sokoon blocks, two new apartment blocks located close to Aljada’s museum and the two Gate buildings.
Valued at AED377 million, the contract to build the five Sokoon apartment buildings and the two apartment blocks located next to the museum was won by Airolink Building.
- The capital will be raised through a rights issue.
According to a bourse filing, the capital increase is aimed at boosting the working capital, lowering the loan rates, and supporting the business growth of the company
The capital hike is subject to the approval of the relevant official authorities and the company’s shareholders
- Regulators have begun to pay attention, with US Securities and Exchange Commission Chairman Gary Gensler suggesting proof-of-stake looked like a...
De Vries, whose Digiconomist website models the energy use of Bitcoin and Ethereum, said consumption had indeed plummeted by more than 99 percent on Ethereum
Cryptocurrencies were envisaged as a decentralized alternative to the banks, corporations, and governments that failed so spectacularly during the global crash of 2008





















