Saudi Arabia leads GCC in project awards this year
The 2024 outlook for the MENA region's project market is exceptional, with an anticipated surpassing of $270 billion in value,...Business
World’s first ‘experiential food & bar hall’ officially open
A 20,000 ft space, the experiential, urban food and bar hall spans across the UAE’s iconic waterfront destination The Pointe.A 20,000 ft space, the experiential, urban food and bar hall spans across the UAE’s iconic waterfront destination The Pointe
The venue, which seats 600 guests, and 1200 guests at full capacity, offers consumers an exceptional multi-sensory dining experience unlike any other
RAK International Airport is ops base for ActionFlight
The overall deal is expected to help support Ras Al Khaimah’s strategic plans to expand its travel and tourism landscape.The collaboration is expected to see RKT become a hub for aerial experiences such as aerobatic flights, skydiving, and hot-air ballooning
The agreement also means the airport will act as a base for Vertical, ActionFlight’s advanced pilot training program
Dubai saw real-estate deals worth $1.23bn this week
During the week ending January 14, the transactions numbered 1,559, according to the Dubai Land Department.A total of 219 plots were sold for AED1.12 billion (around $305 million) in Dubai
Meanwhile, 1,022 apartments and villas were sold for AED2.25 billion ($612.66 million)
‘Google, Facebook OK’d pact’
Suit says Big Tech giants hold online monopoliesThe records, part of an anti-trust lawsuit by a coalition of US states targeting Google, make serious allegations against Big Tech giants long accused of holding monopolies
According to the states' accusations, the online search colossus sought to oust competition by manipulating ad auctions
Saudi Arabia seeks to be regional mining force
Saudi authorities seek to promote mining investments and increase its contribution to the GDP to meet the Saudi Vision 2030...Saudi Arabia aims to achieve 75 percent localization in the energy sector by 2030
Saudi mineral wealth value is more than $1.3 trillion, including phosphate and bauxite minerals
Google buys $1bn London office
It is buying the Central St Giles office site, where it is a tenant.Google, however, stressed it remained committed to new hybrid working patterns in the wake of Covid-19
It said it would give the site a multi-million-pound overhaul for flexible working patterns, including outdoor work spaces
Way paved for launch of first Mideast Steigenberger Porsche Design Hotel
Saudi Arabia's Tourism Development Fund has signed an MoU with Deutsche Hospitality, the umbrella brand of the German hotel company...Saudi Arabia's Tourism Development Fund has signed an MoU with Deutsche Hospitality, the umbrella brand of the German hotel company Steigenberger Hotels AG.
Tourism Development Fund provides support to small, medium, and large enterprises and solutions tailored to suit the needs of investors.
Tibbiyah of Saudi Arabia to offer 5m shares through IPO
Tibbiyah of Saudi Arabia that also goes by the name of the Arabian International Healthcare Holding will offer 5 million...The company’s capital is divided into 20 million shares
The offer price will be determined before the subscription period, which will begin on Tuesday February 15 and will end on Thursday February 17
Indonesian student’s selfies fetch $1m in NFT sales
Sultan Al Ghozali, a computer science student at a university, has taken a picture of himself sitting in front of...He intended to use the collection of nearly 1,000 selfies to create a timelapse video for his graduation day.
After learning about blockchain technology, the 22-year-old decided to upload the photos to NFT trading platform OpenSea under the title "Ghozali Everyday"
Bahraini imports increase by 18 percent in Q4 2021
The value of Bahraini imports increased by 18 percent in the fourth quarter of 2021, reaching BD1.406 billion, the Information...The top 10 countries accounted for 71 percent of the value of imports, with the remaining countries accounting for 29 percent, Bahraini media reports said.
The value of exports of national origin increased by 99 percent to BD1.192 billion during the fourth quarter of 2021.
