Apple’s latest iPad signals the company’s AI-powered future
San Francisco, United States - Apple on Tuesday announced a line of new iPad tablets revamped with a powerful AI chip...Business
30% productivity leap: Building the machinery of tomorrow
By embracing digital tools, AI, and sustainable practices, companies can optimize production, redefine their role, and propel themselves towards a...Business
Aramco Digital, Intel to join hands
The aim is to help develop of Open RAN technologies.The facility is expected to drive innovation, foster technological advancements and contribute to the digital transformation landscape in the Kingdom.
This collaboration aims to align with Saudi Arabia's Vision 2030, which focuses on technological advancements and economic diversification.
Stock markets: Germany drags Europe down, Tokyo rises again
In Asia, Tokyo rose for a sixth successive day to build on last week's advances, which saw the Nikkei break..."European stock markets were softer... as the week got off to a relatively quiet, risk-averse start," noted Neil Wilson, chief market analyst at Finalto trading group
In Asia, Tokyo rose for a sixth successive day to build on last week's advances, which saw the Nikkei break above 35,000 points for the first time since 1990
Saudi Arabia unveils 45,000-seat multi-use stadium in Qiddiya City
RIYADH, SAUDI ARABIA - The Board of Directors of the Qiddiya Investment Company (QIC) announced on Monday the launch of...Upon opening, the stadium is anticipated to host some of Saudi Arabia’s biggest sports, entertainment, and cultural events.
It aims to draw visitors from across the globe and revolutionize the traditional stadium experience with its immersive design.
IMF chief at Davos: AI holds risks, opportunity for global economy
Artificial intelligence poses risks to job security around the world but also offers a "tremendous opportunity" to boost flagging productivity..."We must focus on helping low-income countries in particular to move faster to be able to catch the opportunities that artificial intelligence will present," Georgieva told AFP.
Georgieva said 2024 is likely to be "a very tough year" for fiscal policy worldwide, as countries look to tackle debt burdens accumulated during the Covid-19 pandemic.
Ummahat Island unveils world’s first net-zero 5G network towers
Tabuk, Saudi Arabia -- Red Sea Global (RSG), Zain KSA, and the French Serge Ferrari Group have developed and installed...In addition to being 100% solar powered, these towers are designed in a way that allows air circulation to reduce cooling costs, and do not require high maintenance.
They are also aimed at preserving biodiversity and enabling tower sharing among all licensed telecom operators in KSA.
Mammoet, Aertssen sign agreement
The two firms will provide heavy-lifting solutions in Qatar.Mammoet said in a statement that the collaboration will "capitalize on the individual strengths and capabilities of both companies".
The solutions range from small mobile cranes for quick operations to complex engineered heavy lifting and transport projects.
Saudi Arabia, China ink MoU in accounting and auditing
RIYADH, SAUDI ARABIA – The Kingdom and the People’s Republic of China signed on Monday in Beijing a memorandum of...The MoU is similar to other agreements that GCA has reached with counterpart organizations in different countries.
These agreements underscore GCA's elevated professional standing, at both regional and international levels.
China Construction Bank lists $600m green bond in Nasdaq Dubai
DUBAI, UAE - Nasdaq Dubai has welcomed the listing of a US$600 million green bond by China Construction Bank (DIFC...The total value of bonds listed on Nasdaq Dubai by CCB, comprising the issuances by Hong Kong and Dubai branches, stands at $2.45 billion.
The cumulative value of outstanding debt from Chinese issuers on Nasdaq Dubai stands at US$11.95 billion through 22 issuances.
Qatar Chamber and CzechTrade look to boost trade cooperation
Doha, Qatar--Qatar and Czech Republic are looking to ramp up trade and investment cooperation between the two countries. In this...The two sides looked at ways to bolster cooperation between Qatari companies and their counterparts from Czech Republic
The trade volume between the two countries reached $183m in 2022, reflecting a 10% increase compared to the previous year
DEWA unveils new distribution substations
It commissioned 1,414 substations of 11kv in Dubai.The CEO of DEWA said the construction of the substations and related tasks resulted in a total of 996,648 man-hours
He said DEWA is planning to boost the transmission and distribution networks based on electricity demand forecast until 2030