UAE firms face AI-driven data management hurdles
In a rapidly evolving digital landscape, 91% UAE business leaders are facing critical challenges in aligning data strategies with their...Business
Akasa Air orders 150 Boeing planes
Akasa Air will buy 737 MAX planes, which no Indian airline uses.Company News Business
Over 1m medical tourists visit Iran in a year
Most patients come from neighboring countries including Iraq and Afghanistan, Head of the tourism office at Iran’s Ministry of Health...Most patients come from neighboring countries including Iraq and Afghanistan, Head of the tourism office at Iran’s Ministry of Health Mohammad Reza Tarjoman said
Tarjoman said there are 200 medical centers that have permission to accept foreign patients underlining that Iran is ranked 46 worldwide in the area of health tourism
Why few brands lag behind in sustainability game?
The best brands take a cross-functional approach, embedding sustainability within divisions and business units while linking incentives to sustainability targets....Winning brands decide which specific sustainability topics they want to use to actively engage with consumers
To bring sustainability messages authentically to consumers, the best brands develop a sensitive consumer-engagement strategy
Tunisia tourism revenues climb 48% to $200m by April 10
The country’s external debt services went up 5 percent, from nearly TND2 billion ($666.69 million) to about TND2.1 billion ($700.02...Cumulative labor income saw a 15.3-percent rise to TND1.9 billion ($633.71 million) on April 10
This was against the TND1.6 billion ($533.42 million) on the same day in 2021
Dubai saw weeklong real-estate transactions worth $2.12bn
The total number of real-estate transactions that took place was 1,968, according to data from the Dubai Land Department.The Land Department data showed the sale of 246 plots worth AED1.49 billion ($405.72 million) last week
Meanwhile, 1,312 apartments and villas were sold for a total value of AED 2.96 billion ($805.99 million)
Elon Musk’s move to buy Twitter faces roadblocks
Even for the richest person on the planet, buying Twitter was always going to be a challenge –- a highly...Even with a moderate and inflexible proposal, which could help the board argue for rejection, itthat could end in lawsuits from just about everyone involved
Musk has the option of sidestepping the board and trying to buy shares directly from shareholders on the market
Twitter throttles Musk bid
It is to ensure that he doesn’t get a controlling stake in Twitter.Elon Musk's proposed buyout faces several hazards, including possible rejection and the challenge of assembling the money
Musk buying Twitter could have significant impacts on the globally-used social media platform if the deal is consummated
Masdar and Kyrgyzstan to explore renewable energy projects
Masdar, one of the world’s leading renewable energy companies, has signed an agreement with Kyrgyzstan to explore the development of...Masdar will explore the development of investment in a range of renewable energy projects, including ground-mounted solar photovoltaic (PV), floating solar PV and hydropower
Kyrgyzstan is targeting reducing greenhouse gas emissions by as much as 44 percent by 2030, and achieving carbon neutrality by 2050
Saudi ports throughput tonnage rise by 7.18 percent during Q1
The throughput tonnage at Saudi ports increased by 7.18 percent during the first quarter of 2022, reaching a total of...The number of transshipment containers increased by 5.91 percent, with a total of 1.3 million TEUs.
Saudi ports have recorded a fall in container throughput which declined by 1.27 percent with a total of 2.5 million containers.
KSA reports surge in digital payments in 2021, touching $34bn
Digital payments made through a mobile device accounted for 35 percent of all near-field communication transactions in Saudi Arabia in 2021,...The share of payment transactions made using a mobile device in all NFC payments grew from 22 percent in 2020
The number of payment transactions using a mobile device in 2021 exceeded 1.8 billion, with the value exceeding SR128 billion
France urges cooperation with Algeria after Russia-Ukraine crisis
France and Algeria have been attempting to improve their ties after a diplomatic crisis.Algeria is a major exporter of natural gas, which covers over 11 percent of Europe's needs, compared to the 47 percent from Russia
European countries have been trying to ramp up Algerian exports to reduce their reliance on Russia after it invades Ukraine