Iran agricultural, food exports hit US$4.8bn in 10 months
TEHRAN, IRAN – The country has exported more than 6.7 million tons of agricultural and food products worth US$4.8 billion...Business Economy Geostrategy
Sharjah Chamber posts growth in membership in 2023
SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) has announced a series of significant achievements of the...Business Economy
Iran’s oldest tyre factory shuts down
Company workers had gathered Sunday to urge the state to save the factory, local media said.The "largest producer of off-road tires in Iran" has been closed due to "financial problems and difficulties in the supply of raw materials"
An American-Iranian company, Kian Tire was established in 1958 was popular for making "military vehicles and large trucks" in Iran
Pfizer plans new Covid jab
It has said a shot for multiple variants is coming by 2022-end.Chairman Albert Bourla said Pfizer was also working on a vaccine that could provide good protection for a whole year
This means people would come back annually for boosters, as with influenza shots currently given out in the US
Inspiring people is ‘a good legacy’: Sheikha Lubna
Sheikha Lubna Bint Khalid Al Qasimi, the first woman to be an Emirati cabinet minister, opens up to TRENDS about...In the UAE, every generation witnesses significant changes, but one constant is the government’s support towards and confidence in youth, said the Sheikha
Empowering women and giving them the right opportunities is not new; it had already started since the foundation of the UAE, she added
Resilience in PE market may open new opportunities
Despite the uncertainty, many PE firms are adapting and keen to point to their funders’ patience and understanding in what...The global private equity market is now worth over $4 trillion, says a latest report
Private equity needs to negotiate the current COVID-19-induced economic crisis.
Saudi, Kuwait to develop gas field despite Iran complaint
Saudi Arabia and Kuwait will develop a disputed gas field despite Iranian objections, while urging Tehran to engage in negotiations,...The two countries also issued a new invitation for Iran to negotiate over the boundary of the gas field
Tehran had earlier said that the deal contravened "previously held negotiations", adding that it "reserves its right to exploit" the field
Covid, digital transformation push GCC cloud growth
Businesses in the region are increasingly adopting cloud to protect their data, apps and infrastructure from fraudulent activities while supporting...Cloud computing can generate $202 billion from various sectors in Saudi Arabia by 2030
Rapid cloud adoption can generate up to $600 bn in recurring value in the MENA region
Jordan and Turkey’s Solvest company sign MoU to mine copper
Jordan and Turkey will jointly mine copper in Abu Khashaba Canyon and Ghor Fifa in Southern Jordan. Jordan’s Ministry of...The mining project will be implemented on a 20-km² plot of land after studies had shown large and concentrated quantities of copper ore.
During the MoU's one-year period, the company will conduct several mining and exploration studies to evaluate copper underground repositories.
Dubai Next expects increase in ‘fund seekers’
Dubai Next, the digital crowdfunding platform that has attracted many young innovators and start-up ideas, is anticipating an increase in...This follows the country approving a federal system for such platforms recently
Between the first three months and now, the campaigns have increased by 50 percent
Expo 2020 was a ‘truly remarkable World Expo’: Dimitri S Kerkentzes
Terming the hosting of Expo 2020 Dubai as a 'truly remarkable World Expo, Dimitri S Kerkentzes, Secretary-General of the Bureau...Secretary-General said "Expo 2020 Dubai became a beacon of unity and hope, one that reminded us of the importance of human solidarity and international cooperation"
He added: "It has shown that by connecting the world, we can explore the realm of infinite possibilities for the benefit of humanity"
KSA and Kuwait call on Iran to hold talks on divided gas field
Saudi Arabia and Kuwait have appealed to Iran to hold negotiations on demarcating the eastern boundary of the submerged Dorra...Both countries have previously invited Iran for negotiations, but there was no response from Iran
The field is expected to produce 1 billion cubic feet of natural gas per day with 84,000 barrels of condensate daily
