Aramco Digital, Intel to join hands
The aim is to help develop of Open RAN technologies.Company News Business Tech & Media
Mammoet, Aertssen sign agreement
The two firms will provide heavy-lifting solutions in Qatar.Company News Business
Stolen Maradona watch found in India
Indian police have recovered a stolen watch customized for star footballer Diego Maradona and arrested a suspect behind the alleged...Police said they detained Wazid Hussain in the northeastern state of Assam and recovered a Swiss-made Hublot watch
The 37-year-old had been working as a security guard since 2016 at a Dubai-based firm where memorabilia relating to the Argentinian footballer were stored
KNPC warns people not to fall for ‘dubious’ online ads
Kuwait National Petroleum Company (KNPC) has denied offering shares for trading, warning social media users not to believe in some...The company's Deputy CEO for Administrative and Commercial Affairs and Official Spokesman Ahed Al-Khrayef said unknown entities have recently posted ads
"These ads are totally divorced from reality, and the company has nothing to do whatsoever with these ads," he affirmed
Exports of ACI soar 16% in first 11 months of 2021
Exports of Amman Chamber of Industry (ACI) have soared 16% during the past 11 months of 2021, compared to the...Most industrial sectors recorded an increase in exports of their products during the January- November period of 2021
The United States of America, India, Saudi Arabia and Iraq accounted for the majority of ACI's exports during the past 11 months of 2021
African migrants fuel recycling in Turkey capital Istanbul
Afghans have joined Kurds, the Laz, Roma and other ethnic minorities and undocumented migrants in doing work others snub. For...Diving headfirst into dumpsters, these migrants dig up plastic bottles, glass, and other waste they then sort and sell in bulk
This is a self-organized, unregulated business that keeps the city clean, and these impoverished people fed
Saudi prince ends GCC tour with Kuwait
Saudi Arabia and Kuwait pledged to enhance bilateral cooperation and coordination in security, military, and economy.The two countries agreed to boost all means of cooperation on international climate policies
They are expected to do this by implementing the Green Middle East Initiative launched by the Saudi crown prince
UAE and Uzbekistan to ‘prepare government leaders’
The UAE and Uzbekistan have joined hands to launch a four-month ''Uzbek Government Leadership Program'' to prepare a generation of...The new program seeks to enable the participants to identify the best skills in specialized fields, through virtual workshops and dialogue sessions
It will further organize knowledge visits to a number of government departments
Qatar and ExxonMobil sign Cyprus gas deal despite Turkey opposition
US giant ExxonMobil and Qatar Energy signed a contract Friday for oil and gas exploration and production-sharing off the divided...It is the second gas exploration contract that the consortium has signed for Block 5 in the island's Exclusive Economic Zone.
In February 2019, the consortium discovered a huge natural gas reserve off Cyprus in Block 10, the island’s largest find to date.
Global Business Forum ASEAN ends, records 1,368 participants
A total of 1,368 delegates from 58 countries – including 250 virtual participants – attended the first edition of the...GBF ASEAN was held 8-9 December and organized by Dubai Chamber in partnership with Expo 2020 Dubai under the theme ‘The New Frontiers’.
The Forum is part of Dubai Chamber’s flagship Global Business Forum series, which was launched in 2013 to explore economic opportunities in Latin America and Africa.
Roborace, ADIO and Mubadala team up for innovation
Abu Dhabi Investment Office (ADIO), Mubadala, and Roborace have signed a Memorandum of Understanding (MoU) to drive innovation in the...Roborace will review the opportunity to establish its regional HQ in Abu Dhabi
ADIO, Mubadala and Roborace are active proponents of the 4th Industrial Revolution
Jahez to raise $428m through IPO
HSBC is the financial advisor of the Saudi online food delivery startup.It has set the price range for its IPO on Nomu Parallel Market between SR750 and SR850 per share
HSBC Saudi Arabia is the financial advisor, lead bookrunner, lead manager, and stabilization manager for the listing
