- The grants were approved at the 179th session of OFID’s Governing Board in Vienna.
The projects will reportedly, among other things, support economic recovery, help bring up new infrastructure, and boost food security
Overall, they are expected to benefit public-sector projects and promote sustainable development around the world
- The online giant closed the deal for $8.45 billion.
Amazon's dominance in online retailing has drawn anti-monopoly scrutiny, but this buyout won approval from EU authorities
The deal bolsters Amazon Prime Video with some 4,000 films and 17,000 television episodes as it faces off with the likes of Netflix and Disney in a booming market
- The ads were for schemes apparently hailed by prominent figures.
Australia's consumer protection commission said it had started legal proceedings against Meta platforms for breach of consumer or securities laws
Meta vowed to defend itself, saying in a statement that it sought to stop scam ads by using technology to detect and block them
- The privatization move will also help the regional governments in maintaining better economic growth, increasing private participation and attracting foreign...
Planning, executing, and concluding are the three primary stages of privatization
The privatization process in Kuwait will expand to 38 government institutions and activities
- DP World-owned P&O Ferries on Thursday suspended its passenger and freight ships but denied the group was heading into bankruptcy....
P&O Ferries operates four routes serving Britain, France, Ireland and the Netherlands.
The company is badly hit by fallout from COVID-19 lockdowns and travel restrictions over the last two years.
- The firm's capacity is enough to meet the domestic market's demand.
The countries where Emirates Steel exports its products increased to 56 in 2021 in comparison to just 38 in 2019.
Emirate Steel's expansion strategy is aligned with the National Strategy for Industry and Advanced Technology' Operation 300bn.
- The commercial exchange between Saudi Arabia and Austria has grown from around SAR 1.8 billion ($479 million) in 2005 to...
The commercial exchange between Saudi Arabia and Austria has grown from around SAR 1.8 billion ($479 million) in 2005 to almost SAR 3.3 billion in 2020.
An Austrian delegation of companies specialized in various economic, industrial, agricultural, tourist and other sectors visited the Asharqia Chamber.
- The retail electronics sector has proliferated in GCC countries, with demand rising not only due to the urge to own...
In 2020, the global consumer electronics market was expected to generate revenues of $1.4 bn, with a CAGR of 4.6%
The retail electronics market reached over $1 bn globally in 2022, and is expected to grow by 1.82% annually
- Under the Virtual Asset Regulatory Authority (VARA) initial regulatory phase, Binance will be permitted to extend limited exchange products and...
Under the Virtual Asset Regulatory Authority (VARA) initial regulatory phase, Binance will be permitted to extend limited exchange products and services to pre-qualified investors
The VARA issued Virtual Asset Exchange License ensures Binance will be able to operate its regional business from Dubai in the newly announced regulatory ecosystem





















