Tech 2022 trends: Meatless meat, Web 3.0, Big Tech battles
Meat alternatives have become common in an increasing number of US households, thanks in part to Beyond Meat and Impossible...Meat alternatives have become common in an increasing number of US households, thanks in part to Beyond Meat and Impossible Food plant-based products
In web 3.0, "users, creators and developers would have stakes and votes" in a platform in much the way a cooperative works
Emirates, Al Jazeera among 44 GCC brands to win World Branding Awards 2021-2022
A total of 44 GCC brands, which include Emirates, Aljazeera, and ADNOC Distribution, figure in the 2021-2022 World Branding Awards....From the GCC region, Saudi Arabian brands win the maximum number of awards, followed by Bahrain.
Al Jazeera and Ooredoo among the six winning brands from Qatar.
Egypt to levy 10% customs tax on import of mobile phones
Egypt has decided to levy a ten percent customs tax on the import of mobile phones in order to promote...Egypt’s Minister of Finance explained that the amendments aim to encourage investment, maximize production facilities
The amendment of some categories of customer tariffs comes in light of the conclusions reached by the Higher Council of Customs Tariffs in Egypt
Multiply Group to list on ADX
Listing opportunity for investors to invest in disruptive technologies.Multiply Group will become the eighth IHC subsidiary to list on the ADX in less than a year.
The group has Multiply has assets of AED8.16 billion ($2.2 billion) and 3,240 employees.
Qatar affirms its commitment to WTO agreements
Qatar has affirmed its commitment to the principles and agreements of the World Trade Organization (WTO), and praised the body's...During the meeting in Geneva the two sides discussed ways to enhance bilateral cooperation and support the ongoing negotiations within the framework of the organization
The minister stressed Qatar's commitment to the principles and conventions of the World Intellectual Property Organization
Pfizer already working on Covid vaccine targeting Omicron: CEO
Bourla likened the situation to the scenario earlier this year when Pfizer and its German partner BioNTech developed a vaccine...Bourla likened the situation to the scenario earlier this year when Pfizer and its German partner BioNTech developed a vaccine in 95 days against Delta which was not used
On Monday, the World Health Organization warned the new Covid-19 Omicron variant poses a "very high" risk globally
Twitter gets new CEO
Parag Agrawal named to the post as Jack Dorsey resigns.Twitter's chief technology officer Parag Agrawal has replaced Jack Dorsey as CEO
Dorsey has said he would remain a member of the board until around May next year to help with the transition
Marka Group’s bankruptcy a lesson for GCC firms?
Barry Greenberg, Of Counsel at BSA Ahmad Bin Hezeem & Associated, breaks down what a landmark bankruptcy ruling means for...The Marka Group ruling has brought into sharp focus the bankruptcy laws prevalent in the GCC countries in general and the UAE in particular
They have also spurred calls for reform in the local bankruptcy laws, so that investors or the company don’t lose value
Multiply Group to list on ADX
Multiply Group has assets of AED 8.16 billion and 3,240 employeeThe group’s listing on ADX will offer investors the opportunity to invest in the field of disruptive digital technology and other key industries
The company’s combined portfolio strikes a balance between companies that generate recurring income and high-growth businesses
Saudi motorsports chief says F1 debut is ‘signal’ to the world’
The newly built venue in Jeddah is all but completed ahead of Sunday's night race just over a year after...The newly built venue in Jeddah is all but completed ahead of Sunday's night race just over a year after Saudi Arabia was announced as the wealthy Gulf region's latest F1 host
Formula One is part of a campaign to show a friendlier face as the world's top oil exporter tries to attract foreign businesses and diversify its economy
ADQ, Orion to establish JV
The partners commit to deploying $1.2bn in the next four years.
Alpha Dhabi acquires interest in NCTH
The deal increases NCTH's portfolio to 8 hotels with 1,500 keys.
Meraas awards construction contract
The $272m contract has been awarded for Bluewaters Bay.
SIB’s 2024 profit $272m
The profit surpassed AED 1 billion for the first time in bank's history.
AD Ports to invest in Kazakh port
Under the deal, AD Ports Group owns 51% stake.
