Government, financial sectors top cyberattack targets
The Middle East's oil and gas sector also stays on hit list of of cyberattackers, Trellix CEO Bryan Palma tells...Business
Aramco injects $4 billion into its global venture capital arm
Dhahran, Saudi Arabia -- Aramco has allocated an additional $4 billion to its global venture capital arm Aramco Ventures, more...Business
Players with disabilities score in the video game world
Hardware accessories are rare for players who have limited use of their hands.Mortal Kombat-maker NetherRealm Studios added audio to help blind gamers identify objects in the game
Visual or audio features added in the recent release of Last of Us Part II and Marvel's Guardians of the Galaxy help players with disabilities
UAQ signs agreements to support blue economy strategy
The emirate of Umm Al Quwain has signed a series of agreements to enhance cooperation and partnership to achieve its...In 2017, the World Bank defined blue economy as the ‘sustainable use of ocean resources for economic growth, improved livelihoods, and jobs’
The aim of UAQ’s Sustainable Blue Economy Strategy is to enhance investment attractiveness while developing the natural, cultural, and human wealth
Jordan saw its GDP grow 2.2% in 2021 as compared to 2020
The numbers come from a quarterly statistical report released on Sunday by the Department of Statistics.The country’s GDP inched up by 2.6 percent in the fourth quarter of last year compared to the same period in 2020
The construction sector expanded 6.1 percent in the reporting period, followed by the extractive industries at 5.6 percent
Empowering women with brands, drama therapy
Women from different countries across the Arab world face different challenges based on their situations, Kuwaiti Princess Sheikha Intisar tells...Kuwaiti Princess Sheikha Intisar Salem Al Ali Al Sabah remains optimistic about the road ahead for the Arab world
She gives a royal touch to philanthropic and entrepreneurial initiatives to promote education, women empowerment and human rights in the region
Saudi Venture Capital and Flat6Labs launch $40m seed fund
Saudi Venture Capital and Flat6Labs have teamed up to launch a $40 million startup seed fund.During the next three years, the fund aims to back startups with growth potential, and provide over 20 startups each year with seed capital
The fund’s size, which is around SR150 million ($40 million), will be utilized in the investment of early-stage startups operating in the technology and innovation sectors within S
France donates $5.5m to Jordan for a development project
The Jordan Education for Employment (JEFE) organization and the French Development Agency on Saturday signed a grant agreement worth 5...The refugees will be provided training and financial services as per the agreement
Both parties on Saturday signed a grant agreement worth 5 million euros to launch the project
Emirates Development Bank to facilitate $8.16 bn in lending by 2025
Emirates Development Bank (EDB) has said it will facilitate direct and indirect lending totaling AED30 billion ($8.16 billion) by 2025,...At its first Board meeting of 2022, the bank said it made AED1.91 billion contribution to the UAE’s GDP growth.
The bank launched a new Credit Guarantee platform, which was able to mobilize more than AED332 million of capital to SMEs.
Suez Canal posts 20% jump in revenue in Q1 of 2022
Suez Canal posted twenty percent increase in revenue in the first quarter of 2022 despite the Russian-Ukraine war disturbing the...The Suez Canal Authority recorded $1.7 billion revenue in the first quarter up from $1.4 billion a year earlier
The number of ships transiting the canal from January to March this year increased by 15.8 percent, to reach 5,303 ships, up from 4,581 ships during the same period last year
Petra records highest number of visitors since Covid pandemic
The ancient city of Petra in Jordan has registered the highest number of visitors since the start of the coronavirus...The city's visitors in March were: 43,533 of foreign nationalities, 3,859 from Arab countries and 6,504 Jordanians.
Only 4,656 visitors of all nationalities, most of whom were Jordanians and Arabs, made it to Jordan's main tourism attraction during the month of March 2021.
Tadawul bars three firms from trading in shares
Tadawul, the Saudi stock exchange, has barred three companies from trading in shares over their failure to issue financial statements...The exchange suspended Saudi Cable Co. shares from the main market
It also suspended Obeikan Glass Co. and Advance International Company for Communication and Information Technology from the Nomu parallel market
