Dubai, UAE -- Saudi Ports Authority (Mawani) signed seven agreements worth 1 billion riyals ($266.6 million) to establish logistics centres...
Dubai, UAE -- OpenAI, the owner of the ChatGPT chatbot, lost Wednesday its appeal against the EU's refusal to register...
Geopolitical tensions sent oil prices climbing and weighed on equities as investors also continued to worry about prospects for interest...Moscow has escalated its aerial attacks on Kyiv, targeting key infrastructure in the wake of Ukrainian attacks on Russian oil facilities.
Russia is a key producer of oil, while the Gaza-Israel war has given rise to worries about Middle Eastern crude supplies.
AL-DHAHRAN, SAUDI ARABIA – Aramco President and CEO Amin Nasser outlined the potential for stronger collaboration with Chinese partners in...The CEO acknowledged China's economic growth in recent decades, and expressed admiration for the country’s ability to overcome challenges.
He underscored the possibility of fostering broader economic globalization by strengthening ties with Chinese partners.
The two firms will explore opportunities in various areas.The two parties will focus on validating and deploying Hyundai Motor Group's eco-friendly mobility solutions.
They will explore future mobility solutions, such as autonomous vehicles, Advanced Air Mobility and maritime vessels.
ESA will consolidate operations under a single ERP solutionESA will benefit from a streamlined and integrated system, improving visibility and control over all of its operations.
ESA will be using an integrated supply chain model that eliminates process silos, predicts disruptions.
- The automaker will slash production costs by 30 percent.
By 2030, Nissan aims to make electric models at the same price as traditional combustion engine cars, the firm said as it announced a new mid-term strategy
Japanese auto giant Nissan said Monday it aims to launch 30 new models over the next three years, 16 of which would be "electrified"
Sharjah, UAE--The Sharjah Chamber of Commerce and Industry and Thailand have explored ways to boost trade and economic cooperation. In...The two sides discussed the potential establishment of a Thai Business Council, under the auspices of the Sharjah Chamber, to stimulate joint investments
The Thai delegation during its meeting with the SCCI underlined their desire to facilitate the Emirati jewellery designers’ participation in the Bangkok Fair
- In February 2024, Saudi Arabia's poultry industry reached a milestone by producing 100 million kilograms of poultry, thereby setting new...
In February 2024, Saudi Arabia's poultry industry reached a milestone by producing 100 million kilograms of poultry, thereby setting new benchmarks in the global market.
This underscores the Kingdom's strategic push towards agricultural innovation, economic diversification, and food security, aligning with the ambitious Vision 2030.
RIYADH, SAUDI ARABIA – The Board of Directors of the Qiddiya Investment Company (QIC) revealed on Sunday the launch of...Nestled within Qiddiya City, just 40 minutes from Riyadh, this never-seen-before anime theme park is set to become a spectacle.
Inspired by the seven legendary Dragon Balls, visitors can navigate seven distinctively themed zones within the park.
ABU DHABI, UAE – Minister of Economy and Chairman of Investopia Abdullah bin Touq Al Marri attended the unveiling of...The fund's primary goal is to promote the development of TradeTech solutions and support the expansion of startups.
The announcement aligns with Investopia's vision to inspire entrepreneurs to expand into new economic sectors.
BRUSSELS, BELGIUM – In the fourth quarter of 2023, the EU imported US$120.5 billion (€111.3 billion) worth of energy products...Compared with the same period in 2022, imports decreased both in value (-34.2 percent) and in net mass (-11.7 percent).
Comparing 2023 with 2022, the value of energy products dropped by 35 percent, while the volume dropped by 9.4 percent.
