The aim is to foster avenues for collaboration in technology.
It will make the Probox van and Mazda-branded Familia van.
The investment is in Wisk, which looks to make autonomous air taxis.Boeing has added $450 million to a venture that aims to commercialize autonomous electric air taxis
Wisk envisions some 14 million annual flights serving more than 40 million people in five years
- Here is a comparison between the top equity markets in the Middle East, and how they stack up against a...
Saudi Arabia has Tadawul, or the Saudi stock exchange, whose benchmark index is known as TASI
The UAE has the Dubai Financial Market (DFM) as well as the Abu Dhabi Exchange (ADX)
FUCCI Chairman Abdullah Mohamed Al Mazrouei signed the MoU with Marisa Xuereb, President of the Malta Chamber.The MoU is expected to help both parties expand economic, trade, and industrial cooperation
It is also expected to encourage Emirati and Maltese businesses to form new partnerships
The device is up to 20 times faster than Facebook’s current systems.Meta said the machine, known as AI Research SuperCluster, was already in the top five fastest supercomputers
It would apparently become the fastest AI machine in the world when fully built in the next few months
Fitch Solutions has upgraded the Saudi Electricity Company's credit rating from A- to A with a stable outlook, an upgrade...The international agency emphasized that the new classification was driven by the result of the improvement of the company's independent credit record.
The agency said that the company's independent credit rating reflects its large revenues and strong market status in the electricity generation.
Saudi Arabia's finance minister, Mohammed bin Abdullah Al-Jadaan, has stressed the need for the promotion of the joint Gulf action,...During the meeting, the ministers reviewed the progress made on issues related to strengthening the financial and economic cooperation among the GCC states
The meeting was chaired by the Minister of Finance, Chairman of the current session, Mohammed bin Abdullah Al-Jadaan
- Europe's busiest airport shut down in Istanbul while schools and vaccination centers closed in Athens as a rare snowstorm blanketed...
The closure of Istanbul Airport affected flights stretching from the Middle East and Africa to Europe and Asia
it dealt a major headache for the 16 million residents of Turkey's largest city, which ground to an effective halt
- Dubai Land Department (DLD) has signed memoranda of understanding (MoUs) with three companies that specialize in providing smart and advanced...
The department sigs MoUs with Bayut, DXBinteract.com, and Property Finder.
Data will be provided according to real estate construction, including the regional buying and selling prices.
The money will fund Aljada mixed-use project in Sharjah.While AED37m will finance a villa complex within the Aljada community, AED115m will fund the construction of the final phase of the SABIS International School.
Founded in 2017, Arada has since launched three communities in Sharjah. Its first project, Nasma Residences, became Sharjah’s fastest-selling community.
The Federal Tax Authority (FTA) has called on tax registrants to benefit from the Cabinet Decision to extend the grace...The FTA reaffirmed that the Cabinet Decision provided an opportunity for the business sector to benefit from the reduction of the administrative penalties
It said it continues to review and audit the records of tax registrants who have fulfilled the requirements prescribed in the law
