Tata Group retains IPL sponsorship rights for record $300m
New Delhi, India - Corporate behemoth Tata Group has again been awarded title sponsorship rights of the Indian Premier League for...Business Global Sports
Qatar real estate trading volume reaches US$91m between January 7-11
DOHA, QATAR - The volume of real estate trading in sales contracts at the Department of Real Estate Registration at...Business
Germany mulling Israeli anti-missile shield purchase
An Arrow 3 would be sent in space if a rocket attack is uncovered, to intercept and to destroy the...Germany need anti-missile shield to protect it against the Russian threat, parliament of the country said in a an official statement
Israeli Arrow 3 system costs $2.2 billion could be operational from 2025 in Germany
Qatar, France look to enhance cooperation in labor
The deal was signed on Sunday, March 27, in cooperation with the International Labor Organization.The memorandum comes within the framework of the cooperation strategy implemented by Qatar with various governments and global organizations
It reportedly aims to enhance cooperation between the Ministry of Labor and the French government in cooperation with the ILO in the fields of labor
Poultry available in quantity during Ramadan, assures Jordan minister
The announcement came after the minister met members of the Jordanian Poultry Producers Association on Sunday.Jordan’s Minister of Agriculture Khaled Hneifat has said his ministry is keen on providing poultry to meet citizens' needs throughout the holy month
For their part, the Jordanian Poultry Producers Association’s representatives said they would continue to cooperate with the ministry to provide poultry
Social Development Bank extends $2.93bn support to Saudi entrepreneurs
The bank announced this while participating in the Global Entrepreneurship Congress (GEC) in Riyadh.The pledge is said to be part of the bank’s efforts to empower Saudi youth and promote comprehensive national development
The SDB is also said to have signed, on the sidelines of the GEC, several agreements with various strategic bodies
Where does fisheries stand in UAE economy?
The fisheries sector in the UAE has changed quite a bit over the past two decades, with a pointed move...The UAE has been striving to achieve food security through several of its initiatives
It has also been looking to achieve a degree of sustainability in the fisheries sector
How can UAE firms adapt to corporate tax?
Now entities that typically have strong brand equity, control over distribution, and very few competitors, have a competitive edge that...Generally, businesses react negatively to any tax announcement, like the UAE’s corporate tax
However, companies within the UAE might themselves benefit the most from such a tax
Metaverse set to transform banking in GCC
Regional players eye big share as Metaverse is expected to become a US$800 billion market. Some analysts believe it will...Metaverse is expected to become a US$800 billion market -although some analysts think it will reach $30 trillion
The use of Metaverse in banking may lead to the emergence of fully digital bank branches, reducing or even eliminating the need for physical ones
AD Ports, Kuwait GAC sign MoU
The port operator will develop a virtual trade corridor between the two countries.AD Ports Group’s digital arm, Maqta Gateway, will develop the new virtual trade corridor based upon its Advanced Trade & Logistics Platform.
The MoU will also provide for accelerated procedures for expediting shipments of perishable goods, reducing dwell time at borders.
Saudi Arabia shows interest to develop nuclear reactors
Saudi Arabia has evinced interest to develop small modular nuclear reactors in order to generate electricity for remote areas of...The kingdom's Minister of Energy, Prince Abdulaziz bin Salman, said that Saudi Arabia isn’t looking for funding from any country to help it with its energy transition plan
“The future of the world and society lies not in us waiting for someone else to build the things we should use, but for us to build them ourselves,” he added
Saudi Arabia supports SMEs with $80bn cash injection
In order to protect SMEs from economic recession, Saudi Arabia provided more than $80 billion in support to the businesses,...Saleh Al-Rahseed, speaking at GEC 2022 in Riyadh, said the Kingdom gave confidence to entrepreneurs and innovative companies not only by giving them cash but all kind of support
“It wasn’t just cash injection that helped Saudi SME’s during the pandemic” he said
