Saudi Arabia aims to build ties with Canada in scientific and research fields
Riyadh, Saudi Arabia-- Saudi Arabia is exploring investment opportunities in education and aiming to attract investments to the kingdom from...Business
Abu Dhabi Judicial Department’s Auction App generated $925m in property sales
Abu Dhabi, UAE - Since its launch in June 2022 through mid-February 2024, the Abu Dhabi Judicial Department's (ADJD) Auction...Business
AMEA Power awarded $100m
Under the agreement, a 100MW solar plant will be built in Tunisia.In December 2019, a consortium formed by AMEA Power and TBEA Xinjiang New Energy was awarded the 100MW solar power plant located in Kairouan in Tunisia.
The solar power plant construction is expected to begin by the end of this year.
SEWA links up Al-Arqoub with its power grid
The Sharjah Electricity Water and Gas Authority (SEWA) will start to provide electricity to the Al-Arqoub area, aiming to meet...Work is ongoing to strengthen the network and light the leading and internal roads to the area with approximately 700 lighting poles
Dr. Hassan Al Zarooni, Director of the Electricity Services Department, lauded the Authority's strategy in providing services to all regions
SFD postpones Pakistan debts for development projects
The projects that the SFD contributes to financing through loans and grants in Pakistan amount to around SAR5 billion ($1.33...The fund signed an agreement with Pakistan’s Undersecretary of the Ministry of Economic Affairs Mian Asad Hayauddin in this regard
The signing took place in the presence of Saudi Ambassador to Pakistan Nawaf bin Saeed Al-Maliki and senior officials from both sides
Google Maps and Tripadvisor nix war news in reviews
Both services face a campaign by activists to use online reviews of businesses such as restaurants to get news of...Both services face a campaign by activists to use online reviews of businesses such as restaurants to get news of the war to Russians being fed information from the government.
Safeguards included temporarily blocking new reviews, photos, or videos from being added to Maps for locations in Belarus, Russia, and Ukraine
Saudi Crown Prince opens up on every little thing
Saudi Arabia’s Crown Prince Mohammed bin Salman has created quite a few ripples with his views on all things important...The crown prince said he was leaning towards taking Saudi Arabia towards the ‘real teachings’ of Islam
He also said the country was working towards codifying Islamic law as had been handed down directly by the Prophet
Russia sanctions pile on helium industry woes
Helium is used in the manufacturing of semiconductors, and its shortage is expected to exacerbate the paucity of computer chips.Russia is expected to eventually produce the equivalent of a third of the world's current helium production
However, with Western sanctions over the Ukraine invasion, experts worry that gas won't reach the global market
QOIC profits drop 25%
It will distribute cash dividends of QAR0.01 per share.QOIC saw a net profit of QAR4.99 million ($1.84 million) in the period ending December 31, 2021
In comparison, its net profit was QAR6.7 million ($1.37 million) for the previous year
Saudi fintech cashes in on startups, investments
Saudi Arabia witnesses a 37 percent rise in the number of fintech startups and a $181 million increase in venture...Saudi Arabia witnesses a 37 percent increase in the number of fintech startups entering the market
Saudi fintech sector is mostly driven by young entrepreneurs who compete with the country's top financial institutions
Dubai leads region in innovation, fintech
The emirate, which boasts a thriving community of startup incubators and accelerators, tops the list for foreign direct investment and...Dubai is developing an environment that encourages firms from all industries to innovate.
The city has been able to leverage its strengths as a world-class city to attract global blockchain entrepreneurs.
The UAE-India trade to touch $100bn by 2030
The economic ties between the UAE and India have been reinforced by growing trade between the two countries that stood...According to the UAE Embassy in India, the cumulative bilateral FDI stands at $67 billion
The Indian Embassy in the UAE estimates that the UAE’s investments in India are about $17-18 billion, of which over $11 billion is in the form of FDI (2000-June 2021)
