The collaboration is expected to boost private sector in Qatar.
Stung by the struggles of cryptocurrency and other faded Silicon Valley fads of recent years, venture capitalists have quickly doubled...
The money will go in producing aviation fuel from waste.The Lighthouse Green Fuel project generates more than 180 million liters of sustainable aviation fuel annually in the UK
This amount of sustainable aviation fuel is sufficient to power 15,000 flights per year, reducing harmful carbon emissions from conventional fuels by over 700,000 tons annually
Emirati entrepreneurs and national enterprises in Dubai won contracts worth AED 921.6 million ($250 million) from various local and federal...Since 2002, GPP has facilitated contracts worth over AED 8.4 billion for Dubai SME members from 69 supporting entities across the government, semi-government and private sectors.
Expo 2020 Dubai topped the list of local government support agencies of GPP last year with contracts worth AED 161.7 million.
Egypt hosted the Israeli and UAE leaders for unprecedented three-way talks Tuesday as the Ukraine war rocks energy and food...The meeting, which took place in the Red Sea resort of Sharm el-Sheikh, included discussions on "energy, market stability, and food security"
The first three-way summit of its kind comes at a crucial time for the Middle East after Russia's invasion of Ukraine sparked concerns about stability and sent commodity prices up
Vietnam has signed economic, trade and scientific-technological cooperation agreements with five GCC countries.Vietnam has mostly traded with six member nations of the Gulf Cooperation Council in the Middle East region.
Trade between Vietnam and the GCC countries has surged from US$2.7 billion in 2012 to US$12.5 billion in 2021.
The payout will be in the form of cash and bonus shares.The firm said the shareholders will get a cash dividend of six fils per share and a bonus of one share for every 40 shares held, which is equivalent to 12 fils per share.
Last year, group revenue increased by 12 percent to 1.95 billion dirhams ($530 million), while net income grew 6.3 percent to 585 million dirhams.
Libyan authorities reopened the war-torn country's skies for domestic flights on Tuesday, an aviation official said, two weeks after they...Flights between Mitiga and other Libyan airports had been suspended since March 7, after the country's eastern-based parliament appointed a rival government
The United Nations and Western officials had called repeatedly for the airspace to be reopened
Elon Musk to hand over first 'made in Germany' Model Y car.The electric car maker will inaugurate its new "gigafactory" near Berlin an arduous two-year approval and construction process.
Tesla aims to eventually employ some 12,000 workers at the site who will churn out around 500,000 Model Y cars annually.
Warner Music Group has bought out Qanawat Music, the Middle East and North Africa’s leading music distributor, for an undisclosed...This comes as part of the multinational entertainment and record label conglomerate's plans
Qanawat Music will act as WMG's key domestic distributor and source of upstreaming opportunities
- Abu Dhabi National Oil Company (ADNOC) has entered into a partnership with German counterparts to speed up collaboration in clean...
The agreements were announced during the visit of Dr. Robert Habeck, German Federal Minister for Economic Affairs and Climate Action, to the UAE
As part of its ambitious decarbonisation drive, the German government’s National Hydrogen Strategy expects clean hydrogen demand of up to 3 million tonnes per annum (Mtpa) by 2030
Six currencies account for 90 percent of transactions in the Arab world, said Dr. Abdulrahman bin Abdullah Al Hamidy, Director-General...The currencies are the Emirati Dirham, the Saudi Riyal, the Egyptian Pound, the Jordanian Dinar, the US Dollar and the Euro.
Buna Payment Platform is the first regional cross-border and multi-currency payment system that supports Arab transactions in investment: AMF
