It posted an 8% jump in net profit to US$337m for last year.
RIYADH, SAUDI ARABIA - The Saudi Authority for Industrial Cities and Technology Zones (MODON) has attracted new investments worth US$34...
Hackers seized data of more than 515,000 extremely vulnerable people.The International Committee of the Red Cross said the hackers targeted an external company in Switzerland that it contracts to store data
There was no evidence so far that the compromised information had been leaked or put in the public domain
The selected creators will be able to sell subscriptions.Social media users whose posts draw large audiences help platforms from Twitch and YouTube to TikTok and Instagram generate revenue
The selected creators will be able to sell subscriptions for access to exclusive content, including live streams
- On Tuesday, both AT&T and Verizon agreed to scale back the launch of 5G near airports following an outcry from...
A handful of international carriers removed flights to the United States from their schedules Wednesday
However, there were no mass cancelations and some of those companies said they planned to resume service on Thursday
A young population, increased user spending, robust govt backing for games and e-sports and new players are poised to push...Around half of the Middle East's population is reported to be under the age of 25, and electronic games constitute an integral component of their entertainment.
Saudi Arabia, the UAE, and Egypt attained a total gaming revenue of US$1.76 billion in 2021.
The project is also part of DEWA’s initiative to develop the area to meet its social, economic, and environmental needs.The plant’s production capacity is set to reach 250 megawatts (MW) with a storage capacity of 1,500 megawatt-hours and a lifespan of up to 80 years
This is the first of its kind in the Gulf region, with investments of around AED1.421 billion ($0.39billion)
The Islamic Development Bank (IsDB) affirmed that it would work together with all Multilateral Development Banks, International Finance Institutes, and...IsDB Group actively pursues counter-cyclical financing to its 57 member countries when they need it most, said its President Muhammad Al Jasser.
To boost the economy and recovery of the member countries, the Bank has approved development programs and projects amounting to $1.6 billion.
- Masdar Green Real Estate Investment Trust (REIT) has signed a financing commitment to the tune of $200 million with First...
The announcement was made during an official signing ceremony held at the 4th Abu Dhabi Sustainable Finance Forum during Abu Dhabi Sustainability Week
In 2018, Masdar signed the first green revolving credit facility in the Middle East, helping to support its investments in global clean technology
Qatar World Cup ticket sales were launched at reduced prices on Wednesday with residents and migrant workers able to attend...Authorities have not yet announced how many fans will be allowed into stadiums for the first World Cup in an Arab country
Football's world governing body FIFA opened a draw which offers individual match tickets for as little as $69 for international fans
Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, POSCO and Samsung C&T signed here today a tripartite memorandum of...PIF, POSCO and Samsung C&T have signed an MoU on the sidelines of the Saudi-Korean Investment Forum.
The MoU included the implementation of feasibility studies to develop a green hydrogen production project in Saudi Arabia for export purposes.
In order to explore solutions for water, food, and energy challenges, the UAE, Jordan, and the Netherlands wrapped up the...The UAE, Jordan, and the Netherlands issued a trilateral declaration affirming their commitment to supporting a nexus approach that optimizes resource use
The joint statement encouraged governments to incorporate practical solutions to water, food, and energy challenges into policy-making
