The company warned of "uncertainty" due to Houthi attacks.
Dubai, UAE -- The Dubai Land Department (DLD) records an all-time high of 1.6 million transactions worth AED 634 billion...
Abu Dhabi-based AD Ports Group has inked an initial agreement with Bahrain-based real-estate firms Diyar Al Muharraq and the Eagle...Bahrain is tipped to become the fourth high-performing cruise destination in the Arabian Gulf
It witnessed an increase in annual arrivals in recent years, observing a record high of 130,778 passengers in 2019
Hong Kong listing is seen as a hedge against removal from US exchangesListing in Hong Kong is seen as a hedge against the risk of being removed from US exchanges
China also has been encouraging its big tech players to list either in Hong Kong or Shanghai
International tourist arrivals will this year remain 70-75 percent below the 1.5 billion arrivals recorded in 2019, before the pandemic...In addition to virus-related travel restrictions, the tourism sector is also grappling with the economic strain caused by the pandemic
The spike in oils prices and the disruption of supply chains are also complicating matters
The KUEC will aim to encourage technology investors and entrepreneurs to partner with the University to commercialize its growing patent...The KUEC will include ‘Innovation Acceleration and Startups’ and ‘KU Ventures’, which will support establishing and operating non-IP technology companies
KUEC also includes the Endowment Fund that will allocate funding for investments and operations
It wants half its sales to be electric or hybrid vehicles by 2030.The move follows in the footsteps of other major global automakers, which have increasingly signalled a move towards electric and hybrid vehicles
Unveiling its new long-term plan, Nissan said it will launch 23 new models, including 15 new electric vehicles, in a bid to reach the 2030 goal
- Morocco can attract big Indian investment due to its talented human resources and an impressive investment climate, said Ashwath Narayan,...
Morocco has launched a roadshow in India to promote the initiative "Morocco Now".
High technology, biotechnology, engineering and automotive sectors should be focus of investments, said the minister.
Two leading Iranian banks have welcomed a decision by a Hague-based tribunal to order Bahrain to pay them more than...Iran's state-owned Bank Melli and Bank Saderat sought arbitration in the case in 2017
Hague based tribunal found that that Bahrain's motives had been primarily political
Abu Dhabi will host a new Amazon fulfillment center, expected to be the most technologically advanced in the region. It...E-commerce giant says the centre will speed up delivery times and support a range of sellers
The new centre is part of collaboration between Amazon and Abu Dhabi Investment Office’s program to attract investment and create job opportunities
Emirates Global Aluminium (EGA) and GE Gas Power have signed an agreement to reduce greenhouse gas emissions from EGA’s existing...EGA and GE Gas Power have signed an agreement and together they will work out a roadmap for decarbonization efforts.
EGA has 33 GE natural gas turbines at Jebel Ali and Al Taweelah, with a total power generation capacity of 5,200 megawatts.
GreenDome Investments has bought out Elite Co. from Prama Holdings, in a deal representing one of the region’s largest acquisitions...Elite Co., a leading fully integrated land freight and courier solutions providers in the Middle East, has state-of-the-art operations and assets across Oman, Bahrain, Qatar
GreenDome Investments aims to build an integrated end-to-end logistics services powerhouse to tap into the Middle East
