Tesla to recall 1.6m EVs in China
China is a vital component in US-based Tesla's global layout.Company News Business
‘Saudi women entrepreneurs have it easier now’
Boundary-pushing journalist and entrepreneur Muna AbuSulayman tells TRENDS how things have changed for businesswomen in Saudi Arabia.Young entrepreneurs who have never worked before struggle severely, and their businesses fail early, says Muna AbuSulayman
Influencers should create important and meaningful content for this new world and the new generations, she adds
Evergrande to restructure debt
It also formed a risk committee before upcoming payment deadlines.The company's struggles to meet its commitments have fanned concerns about China's property sector
The sector forms a substantial part of the world's second-biggest economy
Saudi Arabia, Oman ink 13 business deals
The deals were inked by Oman Investment Authority firms with Saudi counterparts as Saudi Crown Prince Mohammed bin Salman visited.OQ signed three MoUs in the fields of petrochemicals, renewable energy and green hydrogen sector
In the field of dry dock and logistic services, Asyad signed an MoU with a Saudi shipping company
Israel brings new law on cyber exports after Pegasus scandal
An updated Israeli end user certificate issued Monday, to be signed by buyers, listed terrorism as including offences committed with...An agency for military exports liked to Israel’s defense ministry put out the law
It specified that a foreign state seeking a cyber or intelligence system must only use it to combat terrorism and ‘serious crimes’
DEWA launches EV Green User Dashboard
The EV Green Charger User Dashboard allows customers to manage multiple EV Green Charger cards, and pay their bills.The dashboard enables customers to track their charging and consumption data through DEWA’s website/smart app
DEWA provides its EV Green Charger service to all electric vehicle users in Dubai, including local and international visitors
Natixis of France to fund ACWA Power projects with $2bn
Natixis Corporate and Investment Banking of France has signed an agreement to finance ACWA Power projects over the next two...The MoU will allow both parties to “explore opportunities to develop new projects in the region,”
Natixis has previously underwritten some of the Saudi-listed firm’s high-profile renewable projects, including the Sakaka solar project
Time to decrypt internet speed in Arab world
This week's TRENDS infographic tries to find out where do Arab countries stand in terms of the speed of broadband...The internet connectivity is a cornerstone to business, education, financial literacy, access to employment and health care through telemedicine
This TRENDS infographic tries to find out where do Arab countries stand in the latest Speedtest index.
Tadawul shares set to trade, after huge investor interest
After evoking a huge interest in investors, shares of Tadawul group will begin trading on the main market on Wednesday,...The individual subscribers tranche of Tadawul’s initial public offering was 442.53 percent oversubscribed with a total demand of SR5.02 billion ($1.3 billion)
The stock exchange group was offering 10.8 million shares to individual investors, or 30 percent of the total offer shares at a final price of SR105
Curtain goes up on first Saudi film festival
Less than four years after lifting a ban on cinemas, Saudi Arabia is to host its first major film festival...Movie houses were barred for decades until April 2018, but over the next 10 days, actors and directors will tread the red carpet at Jeddah's Red Sea International Film Festival
It will showcase 138 long and short films from 67 countries in more than 30 languages
Jordan olive festival clocks sales of $4.23m
The sales of the 10-day festival included olive oil and various rural products, in addition to production kitchens.The festival was conducted in cooperation with the Ministry of Agriculture and several local and international partners
In all, 263,458 people visited the event this time
