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...Business Geostrategy Tourism Sports
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...Business Banking & Finance Markets
Airbnb users send money to Ukraine through reservations
About 28,000 Airbnb hosts around the world, including 2,800 in France, are currently offering accommodation for refugees.About 28,000 Airbnb hosts around the world, including 2,800 in France, are currently offering accommodation for refugees
donations of more than $1.2 million have poured into its refugee fund, the company told AFP
McDonald’s, Coca-Cola join US firms halting Russia operations
Several of these companies, symbols of American cultural influence in the world, have been the subject of boycott calls on...Several of these companies, symbols of American cultural influence in the world, have been the subject of boycott calls on social media
Starbucks, Coca-Cola and PepsiCo announced their own decisions to halt or restrict business in quick succession, noting the growing human cost of the invasion
KSA, UAE lead GCC’s push for hydrogen economy
Striking partnerships with companies in the West have helped the two Gulf countries emerge as one of the major exporters...The business strategy stems from the belief that GCC has a plethora of renewable energy sources that can be tapped into to produce hydrogen
Both the UAE and Saudi Arabia have access to natural gas supplies for blue hydrogen and nuclear power for pink hydrogen
AHOY raises $20m in financing
AHOY, a UAE and Saudi operating logistics startup, has raised $20 million in financing from undisclosed investors.ÂAHOY uses tech-driven infrastructure to optimize mobility for enterprises, and will use its latest funding to expand its reach to African and Latin American markets
It has grown 25 times in terms of revenue, number of transactions, and tech deployment from 2020 to 2021
Number of educational firms in Ajman Free Zone grew by 17 percent in 2021
The number of registered educational companies within the Ajman Free Zone (AFZ) grew by 17 percent in 2021 compared to...Ajman Free Zone is home to more than 240 educational facilities in 2021.
AFZ attributed the growth to its strategic location, modern facilities and infrastructure, innovative and seamless services.
YPO Gender Equality Survey: Executives must prioritize mental health
Mental health is a priority for 99 percent of female and 92 percent of male executives, according to the Gender...The survey with 300 leaders, of all ages, across 57 countries, was aimed at raising awareness around gender equality.
Loneliness as a challenge within the workplace has decreased from 2021 and was referenced by fewer than 15 percent of the participants.
Yahsat and Al Seer Marine to test line-fitting unmanned vessels
Yahsat Government Solutions (YGS) and Al Seer Marine PJSC will test line-fitting unmanned vessels with advanced Comms-on-the-Move (COTM) satellite communications...The two entities signed an MoU regarding the same on Tuesday at World Defence Show in Riyadh according to a press release
The MoU will enable Al Seer Marine to build on Yahsat’s extensive experience in delivering highly secure satellite communications
Dubai real estate market posts sales worth $248m
Dubai’s real estate market recorded 368 sales transactions worth $247.66 million and mortgage deals of $48.27 million.Mortgage deals worth $48.27 million was also recorded in Dubai
This was in addition to 70 gift transactions amounting to $34.5 million
Morocco truckers observe strike to protest soaring fuel price
Moroccan truck drivers are observing a three-day strike in protest at spiraling fuel costs, a union said Tuesday, as oil...Around three quarters of drivers are observing the strike, said Mounir Benazouz of the SNPTR truckers' union
The government of Prime Minister Aziz Akhannouch has for weeks been facing growing unrest over mounting living costs
Oil restarts to flow in Libya as gunmen lift blockade
Libya's National Oil Corporation said Tuesday that an armed group blockading two major oil fields had lifted its siege and...The NOC had announced the suspension of production on Sunday at the vast Al-Sharara and Al-Fil fields after gunmen closed pipelines to the coast
Libya, which sits on Africa's largest crude reserves, has been rocked by 11 years of conflict since a NATO-backed revolt toppled and killed dictator Moamer Kadhafi
