Form Saudi Arabia to the UAE, Qatar to Kuwait, governments of the region compete to jumpstart an industrial sector. But...
The firm posted a year-on-year net profit rise of 316 percent.
Full details will be revealed at the sales launch, scheduled to take place in the third quarter of 2022.Design work on Arada’s mixed-use project on Palm Jumeirah has begun and will contain residential, leisure and F&B components
Arada’s projects include Aljada, Sharjah’s largest ever mixed-use megaproject where 5,000 units are currently under construction
The Innovative Startups and SMEs Fund (ISSF) will invest $1.5 million in Global VenturesGlobal Ventures is a Dubai-based growth-driven venture capital firm focused on investing in growth-stage technology.
Investing in progressive funds such as Global Ventures supports ambitious SMEs to expand their businesses, ISSF said.
The official export credit agencies of the UAE and South Korea have signed an MoU to boost investments in sustainable...Etihad Credit Insurance and K-SURE will work to facilitate support for various collaborative projects, especially hydrogen economy and renewable energy.
They will also join forces to support the exporters operating in diverse industries to enter the global market.
The assets of Jordan's Social Security Investment Fund (SSIF), the investment arm of the Social Security Corporation (SSC), jumped by...The fund’s overall returns on investment (ROI) amounted to JD575 million in 2021 against JD509 million in 2020.
Bonds account for 57 percent of the SSIF’s investment portfolio, followed by stocks 16.6 percent.
The world's largest known cut diamond went on public display for the first time Monday ahead of its sale, when...The Enigma, the name of the rare black carbanado diamond, was put on display in Dubai, in the United Arab Emirates
The diamond is believed to have been created when a meteorite or an asteroid hit the Earth more than 2.6 billion years ago
Sahar Al Rasti, the first Emirati female ship captain, said that working behind the rudders of ships for long days,...Her journey began in 2015 while working in the ports of Abu Dhabi as an administrative assistant
The captain explained that she is very passionate about her job and craves to learn new things like discovering the secrets of maritime navigation
The bonds were 1.8 times oversubscribed.The bonds, one of TAQA’s first forays into green financing, will refinance existing debt facilities of SPPC.
TAQA is one of the largest listed integrated utility companies in the Europe, the Middle East and Africa.
Emirates Central Cooling Systems Corporation (Empower) has started operating the first phase of its new District Cooling plant in Za’abeel,...The total cooling capacity of the plant will be 50,000 RT upon completion
It will be interconnected with the company’s existing district cooling plant in Dubai International Financial Centre (DIFC) to deliver total cooling energy of 112,000 RT
- MoU aimed at enhancing cyber skills training in UAE schools.
HP and the Cyber Security Council will launch various initiatives nationwide and expect to work with more than 500 students a year.
The partnership with the Cyber Security Council has three separate elements that support schoolchildren, university students, and graduates.
Unilever has revealed ongoing interest in a consumer healthcare unit owned by GlaxoSmithKline and Pfizer after a bid of £50...GSK said it had received three unsolicited offers from Unilever for GSK Consumer Healthcare, but they were rejected for being too low
The unit's products include Sensodyne toothpaste, pain-relief drug Panadol, and cold treatment Theraflu
