Watch: Experts discuss how Arab world reshapes future
At the HUB Davos 2024 conference, UAE's Minister of Economy Abdulla Bin Touq Al Marri highlights the nation's commitment to...Business
Google to slash ‘few hundred’ jobs
The internet giant will cut jobs from its global ad team.Company News Business
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
Saudi Arabia, UAE ripe for hydrogen investments
Green hydrogen has the potential to rapidly replace fossil fuels on a large scale, says Cranmore Managing Partner Yusuf Macun.Green hydrogen has a lot of potential particularly in heavy transport and heavy industries
Green hydrogen has the ability to rapidly replace fossil fuels while simultaneously enhancing electrification
ENOC plans Dubai compact stations
The first compact station opened at Dragon Mart 2 this month.After Dragon Mart and International City, the ENOC Group plans to open five more compact stations in Dubai
The remaining seven expected to be launched across additional locations by 2023
Governments helped arms firms avoid Covid-19 slump
Governments around the world passed measures to help their big weapons firms, according to the Stockholm International Peace Research Institute...Top 100 arms producers recorded rise in profits by 1.3 percent on 2019 to $531 billion
Of the top countries in the weapon industry, only France and Russia saw a fall in their firms' sales last year
