Tokyo’s Nikkei climbs to its highest level since Mar 1990
Tokyo, Japan - Tokyo stocks closed higher on Tuesday on the back of gains in US tech stocks, pushing the Nikkei...Business
SEC, Emaar Economic City sign agreements
RIYADH, SAUDI ARABIA - The Saudi Electricity Company (SEC) and its subsidiary National Electricity Transmission (NET) have signed here two...Business Energy
DP World and Indonesia Investment Authority plan $7.5bn long-term investment
DP World and the Indonesia Investment Authority (INA) have signed an agreement to form a consortium and working team to...The investments would include inland terminals, cargo parks, feeder network systems, landside transport and industrial zones.
They will also explore collaboration with the Indonesia Port Corporations (Pelindo).
Demand for films in Saudi Arabia grows, above 1,000 released in 3 years
There is a great demand from distributors for films in Saudi Arabia, which is borne by the fact that more...CEO of the General Commission for Audiovisual Media holds meet with Warner Bros EMEA head.
The participants say the film industry in the kingdom will witness a 'qualitative renaissance'.
DEWA to be listed on Dubai Financial Market in coming months
The listing is part of the Securities and Exchange Higher Commission’s strategy to increase the size of the stock market...The listing is part of the Securities and Exchange Higher Commission’s strategy to increase the size of the stock market in the Emirate to AED3 trillion
The move is likely to raise the competitiveness of bourses and encourage more initial public offerings
SHUAA’s insurance assets grow to $136m
The firm expects the assets to reach $500m within three years.SHUAA has managed the equity and debt portfolios of five major insurance firms.
The company is focused on strategically growing its insurance assets under management, said MD SHUAA.
Pfizer lifts 2021 forecasts, sees $36bn in Covid vaccine sales
Pfizer again lifted its 2021 profit and revenue outlook on Tuesday, bolstered by the latest surge in Covid-19 vaccinations, including...The drug maker now expects 2.3 billion dosage deliveries of the Covid-19 vaccine in 2021
Pfizer said higher forecast 2021 results reflects the boost from the Covid-19 vaccine, as well as the performance of Pfizer's broader business
50 Dutch companies arrive in UAE: Water, food, energy on agenda
Representatives of 50 Dutch companies, led by the Dutch Minister for Foreign Trade and Development Cooperation Tom de Bruijn, arrived...More than 350 companies operate in the UAE and use the Emirates as a base for the Gulf region.
More than 350 companies operate in the UAE and use the Emirates as a base for the Gulf region.
Theft of data worries UAE and Saudi residents, says study
Ding launched the second Ding Global Prepaid Index (GPI)in the United Arab Emirates and Saudi Arabia.45% of UAE respondents fear data being collected, 37% in KSA
75% of UAE respondents say they have low trust in social media platforms
Sharjah Chamber and Kazakhstan to explore investment opportunities
The Sharjah Chamber of Commerce and Industry (SCCI) and Kazakhstan have discussed ways of benefiting from promising investment opportunities in...The chamber recently participated in the "Nur-Sultan Investment and Tourism Forum" organized by Invest in Nur-Sultan Office at Expo.
Chamber's participation in the forum shows its keenness to explore business avenues abroad, said Abdullah Sultan Al Owais, Chairman of the SCCI.
Experts weigh in on Facebook rebranding to Meta
Facebook is currently facing a lot of flak for accusations of bias, and leaked internal documents back them up.Facebook has a long history of criticism about users' privacy the content it views
Today's scandals differ from past instances in the papers leaked from within the corporation
UAE’s ADNOC reinstates full oil supplies in Dec
It will be the first time since the oil price crash in the second quarter of last year when the...It will be the first time since the oil price crash in the second quarter of last year due to the COVID-19 pandemic that ADNOC has not implemented any supply cuts
Brent crude futures gained nearly 60% since the beginning of the year to hit a near three-year high on Monday
