US and European stock markets mostly rose while Asian equities fell as investors also kept tabs on the AI investment...
Dubai, UAE: With capabilities of AI advancing every year, its potential to address challenges once thought unsolvable is rapidly expanding,...
In February 2024, Saudi Arabia's poultry industry reached a milestone by producing 100 million kilograms of poultry, thereby setting new...In February 2024, Saudi Arabia's poultry industry reached a milestone by producing 100 million kilograms of poultry, thereby setting new benchmarks in the global market.
This underscores the Kingdom's strategic push towards agricultural innovation, economic diversification, and food security, aligning with the ambitious Vision 2030.
RIYADH, SAUDI ARABIA – The Board of Directors of the Qiddiya Investment Company (QIC) revealed on Sunday the launch of...Nestled within Qiddiya City, just 40 minutes from Riyadh, this never-seen-before anime theme park is set to become a spectacle.
Inspired by the seven legendary Dragon Balls, visitors can navigate seven distinctively themed zones within the park.
ABU DHABI, UAE – Minister of Economy and Chairman of Investopia Abdullah bin Touq Al Marri attended the unveiling of...The fund's primary goal is to promote the development of TradeTech solutions and support the expansion of startups.
The announcement aligns with Investopia's vision to inspire entrepreneurs to expand into new economic sectors.
BRUSSELS, BELGIUM – In the fourth quarter of 2023, the EU imported US$120.5 billion (€111.3 billion) worth of energy products...Compared with the same period in 2022, imports decreased both in value (-34.2 percent) and in net mass (-11.7 percent).
Comparing 2023 with 2022, the value of energy products dropped by 35 percent, while the volume dropped by 9.4 percent.
- MONTREAL, CANADA – In the first quarter of 2024, the International Civil Aviation Organization (ICAO) projected that passenger air traffic...
ICAO’s latest analysis also reveals new insights into aviation industry for the year 2023.
It said that air traffic on most routes had reached or surpassed pre-pandemic levels by end of 2023.
German newspapers reported that the American sports equipment giant overcame their rival's home advantage with a bid of around 100...Nike scored their biggest upset this week when they persuaded the DFB to drop Adidas after four World Cup wins and 70 years
The Adidas contract with the German Football Federation will end after the 2026 World Cup in the United States, Canada and Mexico
- BRUSSELS, BELGIUM – The EU will put more pressure on the most popular online platforms, like X and TikTok, to tackle...
The European Commission, the EU's executive arm, is expected to adopt new guidelines.
They will come under the EU's mammoth content moderation law, the Digital Services Act.
MOSCOW, RUSSIA – US will no longer be able to dictate oil prices in the Middle East, Director of the...The US cannot dictate prices, although they would like to as the world is becoming a multipolar one, a Russian official said.
"This multipolarity is expressed in particular in the existence of the group of countries known as OPEC+," he added.
Riyadh, Saudi Arabia - Saudi Arabia's aviation sector soared to new heights in 2023, with a significant increase in both...Passenger numbers saw 26% jump, reaching 112 million compared to the previous year's 88 million, surpassing pre-pandemic levels
Currently, Saudi Arabia boasts connections to 148 destinations with at least 52 daily flights to and from the country
Its net profit spiked to US$3.7 billion in 2023.Enel said that before exceptional items, profit rose 21 percent to $7.04 billion, in line with the company's objectives
The company's revenue fell 32 percent to $103.62bn as prices declined as part of a "normalization of the energy sector"
