Business - TRENDS MENA

Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023...

On Friday, US President Joe Biden extended his country's measures against Russia to include sanctions on President Vladimir Putin and...
The first tranche will hit four Russian banks, cut off more than half of Russia's technology imports, and target several oligarchs
Energy giant Gazprom and 12 other major companies will be barred from raising capital in Western financial markets
More than 400 cities are impacted by the urban heat island effect and increasing energy consumption that makes cities less...
Cooling cities will save energy, enhance road durability and improve human health, says Abu Dhabi-based FortyGuard
The urban heat island effect increases energy consumption in more than 400 cities, adds the clean-tech startup
DP World’s purpose-built maritime hub, Dubai Maritime City (DMC), has launched an infrastructure project at a cost of AED140 million...
The infrastructure project includes developing networks for deep sewage, stormwater, fire, irrigation, potable water, telecommunication, and roads.
The new infrastructure will integrate DMC with the Mina Rashid area that includes the QE2 Hotel, P&O Marinas and Marina Cubes.
Dubai Electricity and Water Authority (DEWA) announced that the number of electricity accounts reached 1.06 million by the end of...
The number of electricity accounts reached 1,061,476 by the end of 2021 compared to 752,505 at the end of 2016.
DEWA’s total capacity increased to 13,417MW of electricity, said Saeed Mohammed Al Tayer, MD & CEO of DEWA.
The World Bank and MSMEDA is eager to review and develop the needs of startups.
The World Bank is supporting the operation of the program, aimed at tech-based startups
The fund was announced by Egypt's Minister of Trade and Industry, Nevine Gamea
The Ras Al Khaimah Department of Economic Development (RAK-DED) offered AED 7 million ($1.9 million) in economic stimulus package to...
The package was provided to support the local economy and ensure business continuity during the COVID-19 pandemic.
RAK said the package included licenses registered with RAK-DED and affected by the pandemic such as infrastructure projects and SMEs.
The Federation of Saudi Chambers of Commerce signed an agreement to host the local network of the United Nations Global...
This pact affirms Federation's role in realizing the importance of corporate sustainability in implementing the programs and initiatives of Saudi Vision 2030.
It also covers the sustainable development goals of the UN through the Saudi private sector.
The 27th edition of the Dubai International Pharmaceutical & Technologies Conference and Exhibition (DUPHAT 2022) has generated direct and indirect...
The largest of its kind in the region, DUPHAT 2022 was held at the Dubai World Trade Centre and featured the participation of a number of doctors and pharmacists.
The event attracted more than 22,000 visitors and participants from 82 countries and featured 140 speakers who shared their insights at 112 scientific sessions.
Real estate transactions worth AED7.1 billion ($1.9 billion) were recorded by the Dubai Land Department during the week ending 25...
The total number of transactions was 2,064, which included 300 plots of land that were sold for AED2.58 billion and 1,382 apartments and villas sold for AED2.88 billion.
The top transactions were a plot of land in Marsa Dubai that sold for AED535.92 million, followed by a plot that was sold for AED476.81 million in Marsa Dubai.
Aramco is inching closer to dislodging Apple as the world's most valuable company when the former's shares rose up, taking...
The Saudi oil giant surpassed Microsoft, claiming its position as the second-largest valued company worldwide
As of 11.04 a.m. Saudi time, shares stood at SR42 ($11.2) after the oil giant closed a $15.5 billion pipeline deal