Business - TRENDS MENA

Saudi Arabia is looking to enhance wheat storage capacity in the kingdom by building new silos. Once it is done...
At present, Saudi Arabia’s wheat storage capacity amounts to 3.5 million tons, distributed across 14 branches in the kingdom
A project to construct silos in NEOM city has also been awarded to enhance the kingdom’s storage capacity.
The $2bn worth Saudi steel giant will list on Tadawul.
The value of the company is estimated at over $2 billion
A deal with the financial adviser to manage the company’s initial public offering is expected soon
The free zone is home to 703 Chinese businesses, representing nearly 12 percent of the Chinese companies in the UAE.
The free zone is home to 703 Chinese businesses, representing nearly 12 percent of the Chinese companies in the UAE
DMCC has created an integrated infrastructure including the establishment of the Yingtian Chinese Business Centre that caters to the Chinese business community
A once market leader that everyone looked up to, OSN is now a paler version of its former glory. It...
Moody's warned in 2020 that there was "slow progress achieved in turning around Orbit Showtime Network’s performance since November 2018, which remains unprofitable"
Aside from its financial troubles, OSN’s top management has been in a state of flux, with three CEOs changed during the last five years
Toxicity and false claims are a "significant threat" at TikTok, which is becoming a go-to online venue for young people...
NewsGuard in September analyzed the top 20 results from 27 TikTok searches on news topics, finding that 19.5 percent of the videos suggested contained false claims
Researchers said that they compared TikTok and Google results from searches for information about school shootings, abortion, Covid-19, US elections and Ukraine war
The General Court, however, reduced the fine to $4.1bn.
The court "confirms European Commission's decision that Google imposed unlawful restrictions on manufacturers of Android mobile devices" in order to benefit its search engine.
The levy remains the EU's biggest ever despite Google's arguments that the commission's case was unfounded and falsely relied on accusations.
The German government sold its last shares in the company.
To save Lufthansa from bankruptcy during Covid, Germany took a 20-percent stake in the group under a nine-billion-euro (dollar) state aid package.
Germany agreed to sell the stake by 2023, but with Lufthansa's finances stabilizing, Berlin was able to start selling its holdings by November last year.
Riyadh, Saudi Arabia - Saudi Arabia plans to establish more than 200 smart cities, Majed Al Hogail, Minister of Municipal,...
The cities will use AI systems in numerous fields, including inspection, waste management, parking, and spatial planning.
The minister explained that cities will depend on their interconnectedness and interaction to improve services quality.
Dubai, UAE-- Jebel Ali Free Zone (Jafza), part of DP World Group, has facilitated over 1.2 million metric tons (MT)...
This is equivalent to $12.4 billion, more than a third of the total trade worth $31.3 billion.
Dubai hosts the region’s biggest automotive trading hub and the largest used car market.
The purpose of the event is to highlight the most significant advancements in the digital transformation and adoption of cutting-edge...
The purpose of the event is to highlight the most significant advancements in the digital transformation and adoption of cutting-edge technological solutions in the sector
This edition is the first to be organised in person after the pandemic and the recovery of global economies from its unprecedented effects on the supply chain