AMMAN, JORDAN – Rising remittances from the Kingdom’s citizens working abroad has contributed to increasing demand for Jordanian dinar. Exchange...
Riyadh, Saudi Arabia - Saudi Arabia is considering transferring ownership of its national carrier, Saudia, to the sovereign wealth fund,...
Prince Alwaleed is one of the wealthiest businessmen in the Middle East, but Elon Musk is the richest person in...Last week, KHC Chairman and Twitter shareholder Prince Alwaleed rejected Elon Musk's bid to acquire Twitter Inc for $54.20 per share
Alwaleed had stated that the deal proposed by Musk did not ‘come close to the intrinsic value’ of the popular social media platform
- The 30 MW plant will displace almost 450,000 tonnes of CO2 emissions a year and preserve the equivalent of 45...
The 30 MW plant will displace almost 450,000 tonnes of CO2 emissions a year and preserve the equivalent of 45 million m3 of natural gas
BEEAH and Masdar have begun exploring opportunities for the Emirates Waste to Energy company to open similar plants across the UAE and the wider region
Modi said a total of $4.97 billion private investment is on its way to Jammu and Kashmir.Modi said a total of $4.97 billion private investment is on its way to Jammu and Kashmir
In August 2019, New Delhi revoked Article 370 of India’s constitution that lent the then state its autonomous status within the Indian Union
The agreement is expected to reinforce the ABCC’s operations in the cultural area and allow for it to get closer...The cooperation agreement apparently provides for a collaboration in research, studies, and academic activities in areas of common interest
These include bilateral relations and diplomatic history, trade, investment, science, technology and innovation, sustainable development, and energy
- Higher-than-expected credit losses and inflation are to blame.
Tuesday's results of London-based HSBC were published against the backdrop of Russia’s invasion of Ukraine
The bank said the war was exacerbating inflationary pressures and contributing to higher ECL charges
- From pre-owned cars to electric vehicles, a number of trends are driving the growth of the automobile sector in countries...
Saudi imports of cars grew from 544,000 in 2020 to over 546,000 in 2021
Around 28% of those polled in the UAE said they prefer to buy a used car online
Buying Twitter is just the latest conquest for Musk, who has revolutionized the car industry, sent his own rocket to...Musk, 50, last year became the world's richest person taking the title from Amazon's Jeff Bezos
His new guise as a social media overlord will fuel controversy over his political views, business methods and outsized personality
"Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to...The sale was a dramatic shift for the board, which had originally maneuvered to block Musk from taking the social media network private
Musk had taken a major stake in the firm earlier this month before lining up last week some $46.5 billion in financing to push forward with the purchase
- Traditional carmakers are in a race to make more electric vehicles.
GM has set a goal of overtaking Tesla in terms of sales of electric vehicles
To achieve that, it plans to invest $35 billion in electric and autonomous vehicles by 2025
Etihad Credit Insurance (ECI), the UAE Federal export credit company, and its Indonesian counterpart PT Reasuransi Indonesia Utama (Persero) or...The two agencies also agreed to expand their collaborative initiatives across the globe by fostering sustainable and inclusive economic development and corporation.
Etihad and Persero will help domestic companies of the respective countries grow overseas by making it easier for these companies to access liquidity.
