Investment in Qatar free zones reaches US$1.3bn, says QFZ chairmanÂ
DOHA, QATAR - Minister of State and Chairman of Qatar Free Zones Authority (QFZ) Dr. Ahmad bin Mohammed Al Sayed...Business Economy Geostrategy
Mubadala invests in Manipal Health
Manipal Health offers multispecialty care through 30 hospitals.Company News Business
Amazon to unveil its $1bn bet with ‘Lord of the Rings’ prequel launch
It is hard to imagine what the great director would have made of Amazon's $1 billion gamble on "The Lord...It is central to Amazon's bid to stand out in the "streaming wars" with Netflix, Disney+ and HBO Max
Amazon has also put on glitzy premieres for "The Rings of Power" in Los Angeles, New York and Mumbai
Ajlan signs deals worth $7bn
Its collaboration with Malaysia will be in key sectors.The deals aim to develop effective programs to promote collaboration between the two countries to invest in key sectors: industrial manufacturing, healthcare, technology
Ajlan will partner with Malaysian companies such as SilTerra, Cybersecurity Malaysia, Aerodyne, NADI Corp., Malaysian Genomics Resource Centre Berhad, MYEVENTS International
Realty, banking blue chips continue to power UAE markets
Among other stocks, Emirates NBD, DEWA, and TECOM increased 0.74 percent, 0.77 percent and 1.25 percent respectively.Among other stocks, Emirates NBD, DEWA, and TECOM increased 0.74 percent, 0.77 percent and 1.25 percent respectively
Driven by Emaar, Dubai General Index (DFMGI) advanced 0.79 percent to 3,463.5927.16 pts, with the property blue chip closing higher at AED4.80
GCC hospitality looks at more sustainable practices
'Eco-friendly travelers' are gradually putting pressure on hospitality businesses in the Gulf region to incorporate green concepts and sustainability practices...'Eco-friendly travelers' are gradually putting pressure on hospitality businesses in the region to incorporate green concepts and sustainability practices into their services
The industry impacts environment through its considerable energy and water consumption and the waste it generates, especially organic waste and single-use disposables
Sharjah Chamber set to organise ‘Al Maleh and Fishing’ Festival
The Sharjah Chamber of Commerce and Industry (SCCI) has announced it will be organizing "Al Maleh and Fishing" Festival in...The SCCI added that all preparations are in place, and the festival is scheduled to begin on September 8, 2022, in Dibba Al Hisn City.
The four-day event will involve the participation of several government entities and private sector companies.
Saudi bank loans to public and private sectors grow 14% by July end
Riyadh, Saudi Arabia - Saudi bank loans granted to public and private sectors grew 14 percent by the end of...The total loan granted by Saudi banks amounted to SAR 2.324 trillion ($620bn) by July end.
Private-sector lending also increased by 14 percent year-on-year (YoY) to SAR 2.213 trillion ($590bn).
Amazon Web Services unveils the AWS Middle East (UAE) region
Abu Dhabi, UAE - Amazon Web Services (AWS) announced Tuesday the launch of its second Region in the Middle East,...AWS estimated its projected spending on the construction and operation of new Region will support an average of nearly 6,000 full-time jobs.
The AWS Middle East (UAE) Region will also add an estimated $11 billion over the next 15 years to the UAE’s gross domestic product (GDP).
UAE to allow multiple-entry visas for Qatar World Cup fans
The facility will be available for the holders of the "Hayya" card issued by FIFA World Cup Qatar 2022, which...Qatar has a population of 2.8 million and it tries to accommodate an expected 1.2 million. Saudi Arabia also has announced multiple-entry visas for fans.
This visa can be extended for another 90 days according to the conditions, procedures and the normal fees followed in the current visa system in the UAE.
DMCC welcomes 15 companies for training program
Dubai Multi Commodities Centre (DMCC), the Government of Dubai Authority on commodities trade and enterprise, has announced that 15 companies...The program will support the growth of impact-driven businesses that align with the United Nations Sustainable Development Goals.
The program is a part of the DMCC’s wider Environmental Social Governance strategy
Museum of the Future’s online store creates global connections
Dubai, UAE - The Museum of the Future has been connecting with people globally through its online store, offering memorabilia...The store offers memorabilia inspired by the museum’s design and exhibits, and gives a glimpse into its rich experiences.
The museum contains products designed in innovative, artistic ways that reflect the spirit of the museum and its values.
