GCC’s cybersecurity dynamics: The two sides of AI
In the GCC's evolving cybersecurity realm, AI integration is crucial, driving economic growth and transforming defense strategies against complex cyber...Business
Several MoUs signed at Future Minerals Forum in Saudi Arabia
RIYADH, SAUDI ARABIA – The third edition of the Future Minerals Forum (FMF), organized by the Kingdom’s Ministry of Industry...Business Economy
ADNOC to invest $127bn in 2022-2026
The company announces a significant rise in oil and gas reserves.ADNOC plans to bring $43 billion back into UAE economy through ICV program.
ADNOC's ICV program has driven AED105 billion back into the UAE economy and created over 3,000 jobs for UAE nationals.
Man Utd’s Glazer buys T20 franchise in new UAE league
Manchester United co-chairman Avram Glazer has acquired a franchise for a new T20 professional cricket league in the United Arab...The news comes after the Glazer family were outbid in their attempt to buy one of the two new franchises in the Indian Premier League
"I am very excited to be a part of UAE T20 at its formation," Avram Glazer said
‘Physical currency won’t disappear anytime soon’
Ralf Wintergerst, Group CEO of 170-year-old German firm Giesecke+Devrient (G+D), said physical currency is a resilient form of payment and...Ralf Wintergerst said digital currency is a central bank-issued digital form of physical money and that it was different from cryptocurrency.
In Germany and the Middle East there are a lot of opportunities for moving things like government services to people directly with digital solutions.
dnata named Ground Support Services Provider of the Year for eleventh time
For the 11th time, dnata has been named Ground Support Services Provider of the Year at the 2021 Aviation Business...The company offers ground handling and cargo services at over 90 airports in 15 countries.
As part of infrastructure growth, dnata broke ground on the second phase of the dnata City East project at London Heathrow.
GACA, Cisco sign MoU
The MoU will enhance the scope of digital transformation.The memorandum will enhance the scope of cooperation in technology and digital transformation in the civil aviation sector
The GACA is keen to collaborate with international companies specializing in advanced technological fields to keep pace with the latest developments
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
