Dubai, UAE - The UAE's online shopping market is gearing up for unprecedented growth, with revenue projections hitting $9 billion...
AMMAN, JORDAN – Data released by the Amman Stock Exchange reveals that non-Jordanian investors bought shares worth US$12.5 million (JD8.9...
The Public Transport Authority announced the launch of two new Saudi-flagged marine tankers: "Sara" and "Hessa". Both were recently registered...The new giant ships of the Saudi naval fleet bring the tally of national ships carrying the Saudi flag to 426.
The marine tankers named "Sara" and "Hessa" were registered at King Abdulaziz Port in Dammam.
Dubai Future Foundation (DFF) has announced the launch of a new, first-of-its-kind initiative in the region to encourage and support...The challenge is to utilize the latest technologies and innovations and contribute to the development of a quality and innovative experience for luxury brand customers.
The challenge is part of the Future of Luxury Retail start-up incubation program, organized by Dubai Future Accelerators, an initiative by the DFF.
They will explore charter agreements, engineering and maintenance activities.Texel Air is a Bahraini registered airline and maintenance repair organization (MRO) formed in 2013.
It is dedicated to providing third party cargo charter operations to a wide range of customers with diverse requirements.
The International Data Corp. has predicted Saudi spending on information and communications technology to touch $33 billion in 2022, a...The Saudi technology sector expanded 8 percent between 2019 and 2021, to reach a value of $32.1 billion
The global market intelligence provider has also described the Saudi ICT sector as one of the most rapidly growing markets in the region
ACWA Power of Saudi Arabia and its partners have begun work on a big green hydrogen project in NEOM.The partners announced a $900 million contract for the engineering, procurement and construction of the project
In July 2020, Air Products, together with ACWA Power and NEOM, announced an agreement for a $5 billion world-scale green hydrogen-based ammonia production facility
The $125m deal includes engineering works for PAHW.The contract was signed ALARGAN National General Trading and Contracting Company to execute a project in Jaber Al-Ahmad City.
CGC was established in 1965 in Kuwait and was listed on the Kuwait stock exchange in 2006.
The firm will buy controlling stake for $158 million.the Saudi company will buy 89.49 percent of Giza Systems from Inergia Technologies for Information Systems, in addition to 34 of Giza Arabia, a subsidiary of Giza Systems
It's subject to approval from the authorities in Saudi Arabia and Egypt, the company added
The Saudi firm says it seeks to capitalize on opportunities through innovative and sustainable solutions, focusing on petrochemical products in...The Saudi firm seeks to capitalize on opportunities through innovative and sustainable solutions, focusing on petrochemical products.
Gulf Coast Growth Ventures, SABIC's joint venture with ExxonMobil in southeast Texas, is also likely to begin operation in 2022.
India's largest private bank will merge with its largest mortgage lender to form a $237 billion financial giant, both companies...HDFC Bank will absorb its parent company, the Housing Development Finance Corporation (HDFC), in what will be one of the country's biggest-ever merger deals
The twin firms together manage assets worth 25.61 trillion rupees ($339 billion) and had a combined balance sheet of 17.87 trillion rupees at the end of last year
- The UAE has announced a prize of up to $2 million for startups that can offer technology innovations to transform...
The FoodTech Challenge is organized by the UAE Ministry of Climate Change and Environment and Tamkeen.
It is targeted at early-stage start-ups, ranging from international university-based research teams to individual entrepreneurs and small firms.
