NEOM announces Aquellum as futuristic lifestyle community
NEOM, SAUDI ARABIA - The Board of Directors of NEOM has announced Aquellum, a luxury and experiential space embedded within...Business Economy Geostrategy Tourism
ACWA Power-led consortium signs deal for wind energy project
Cairo, Egypt -- The Egyptian government signed an agreement yesterday with a consortium led by the Saudi company ACWA Power...Business
Red Sea signs $19.49m deal
It is a seven-year extension contract with Schlumberger.As part of the deal, RSI is expected to provide facility management services for its specialized modular camps
This will reportedly support Schlumberger's oil drilling operations in the Eastern region of the country
Iraqi Airways receives its first A220-300 aircraft
A220-300 features a modern and highly comfortable dual-class cabin that seats 132 passengers; 12 in business class and 120 in...A220-300 features a modern and highly comfortable dual-class cabin that seats 132 passengers; 12 in business class and 120 in economy class
As of the end of November 2021, over 180 A220s had been delivered to 13 operators, from Asia, North America, Europe, Africa and the Middle East
Saudi index varies while UAE stock market starts low
A new year saw quite some ups and downs in the top stock markets in the region, even as the...TASI dropped by 0.2 percent at the end of 2022 first week, as the Saudi National Bank and Aramco shares fell 1.3 and 0.8 percent, respectively
It was a week of losses for the Abu Dhabi index, which ended with a 0.2 percent drop on Friday, as First Abu Dhabi Bank shares fell 1.1 percent
CES show highlights: Robo-dogs, self-sailing boat, brain tech
The CES tech show in Las Vegas closed its 2022 edition on Friday, after pushing ahead with a significantly downsized...French startup Wisear is working on technology that detects the signals that zip between the brain and certain muscles, in order to use them to operate connected devices
The Boston Dynamics robot dogs -- the ones compared to the killer four-legged bot in a dystopian "Black Mirror" episode -- are back and this time they are going to the metaverse
Tesla raises full self driving software price to $12,000 in US
Earlier in 2020, Tesla had raised the Full Self-Driving (FSD) price to $10,000 from $8,000.Earlier in 2020, Tesla had raised the Full Self-Driving (FSD) price to $10,000 from $8,000
Tesla has been updating its FSD software, which provides driving-assistance features such as automatically changing lanes and making turns
Tik Tok likely to help regional businesses this year
Powered by a highly personalized content recommendation system TikTok can help brands connect with a qualified, engaged audience, the Talkwalker...Powered by a highly personalized content recommendation system TikTok can help brands connect with a qualified, engaged audience, the Talkwalker and Hubspot research says.
In 2022, posting and sharing videos will be fundamental for any marketing campaign that wants to succeed, the research adds
As health concerns rise around the world, car gadgets proliferate
The Italian startup Filo launched a Bluetooth-based alarm system for children's car seats to prevent kids from being left in...The auto industry is on the hunt for new gadgets and accessories to make the car cockpit feel safer
Air purifiers, car seat alarms, and intelligent sun visors were displayed at this year's Consumer Electronics Show
UAE tops list of safest travel destinations in 2022
After the progress and setbacks to travel and tourism in 2021, enthusiasts are looking to make the best of 2022.Travelers will seek for destinations that prioritize safety again in 2022
The UAE is only a few countries to receive first-class travel advisories
Dubai Integrated Economic Zones Authority appoints new leadership team
Dubai Integrated Economic Zones (DIEZ) Authority has appointed a new leadership team to drive its free zones and central divisions....Amna Lootah was appointed as a Director General DAFZ to lead and implement strategic plans according to the approved structure.
Dr. Juma Al Matrooshi was appointed as Director-General of Dubai Silicon Oasis (DSO) to supervise the implementation of its strategy according to the new organizational structure.
Gulf Navigation of Dubai to raise $40m via bonds
Gulf Navigation Holding of Dubai intends to raise $40.8 million through convertible bonds, in order to restructure existing sukuks and...According to a company disclosure on Friday the issuance of mandatory convertible bonds will begin on March 9, 2022
The plan to issue bonds will be taken up during the company’s general assembly meeting on Monday, January 31, 2022
