The Arab countries are experiencing a significant surge in the adoption of electric vehicles (EVs), particularly favoring premium models, says...
- A tech-savvy population sees cryptocurrencies a safe investment option as governments adopt progressive regulatory frameworks, offering innovation and investor protection.
Saudi Arabia's Public Investment Company (PIF) has established a new company in Egypt to drive investment in the north African...The new company will look at sectors as wide as infrastructure, real estate development, and health care to make investments
PIF and its portfolio companies, along with the Saudi private sector, will have access to a variety of investment opportunities in Egypt
The court battle between Elon Musk and Twitter heats up as the billionaire Tesla boss accuses it of fraud, alleging...Musk has argued in the filing to a court that the number of users actually shown advertising on the platform is about 65 million lower than the firm's 238 million figure
Twitter in turn has accused Musk of fabricating a story to escape a merger agreement that he no longer found attractive
Recent strategic Saudi-French partnership deal becomes crucial as Paris, with its expertise in key sectors, may help the Kingdom in...Recent strategic Saudi-French partnership deal becomes crucial as Paris, with its expertise in key sectors, may help the Kingdom in achieving the goals set under Vision 2030
Saudi Arabia is a new El Dorado for business with projects such as Neom, Al Ula, Read Sea and others, says Bertrand Besancenot, former French ambassador in Riyadh
Jordan Senate's Finance and Economic Committee hosted an expert in economic affairs at the National Democratic Institute (NDI), to look...Jordan Senate's Finance and Economic Committee examines the draft law regulating the investment environment in the country.
Investment-related laws should streamline business procedures, economic activities, spur investment and enhance competitiveness of the economy
According to a report by the UAE's Ministry of Economy, during the past decade from 2012 to 2021, FDIs in...FDI in the UAE witnessed significant growth, from $9.5billion in 2012 to $20.6 billion in 2021
The UAE was ranked 19th globally in the list of top 20 countries that attract FDIs
In Dubai, the real estate and properties transactions valued at $1.4 billion in total during the week ending 05 August...In Dubai, 255 plots were sold for $337 million, 1,510 apartments and villas for $759 million
During the week, the total number of transactions was 2,247
- Saudi Arabia’s Ministry of Investment has signed a memorandum of understanding with Alstom, which specializes in the sustainable and smart...
The MoU aimed exploring investment opportunities in the transport sector and localize the manufacture and maintenance of trains.
The MoU also entails Alstom to establish its regional headquarters in the kingdom.
- Global air cargo demand rose by 2.2 percent in H1 2022 as compared to pre-COVID levels (H1 2019), according to...
IATA figures indicate a healthy and stable performance across global air cargo markets showing.
Global demand sunk by 6.4 percent compared to June 2021 levels (-6.6 percent for international operations).
The travel services provider’s latest contract win cements its position as the leading ground services provider in Brazil.The travel services provider’s latest contract win cements its position as the leading ground services provider in Brazil
The company offers ground handling, cargo, travel, catering and retail services in 37 countries across six continents
The company will hire eight jack-up offshore rigs.The contracts, valued at $1.5 billion (AED 5.6 billion) and $1.9 billion (AED 7 billion), awarded by ADNOC Offshore.
These will support the expansion of ADNOC’s crude oil production capacity to 5 million barrels per day by 2030 and enable gas self-sufficiency for the UAE.
