Iran-EU trade surpasses US$5bn in 2023, says Eurostat
TEHRAN, IRAN - The Statistical Office of the European Union (Eurostat) reported that Iran and the 27 European Union member...
Business
Qatar real-estate trading volume in January stands at US$521m
Doha, Qatar--The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry...
Business
Jordan to set up phosphate washing plant costing $85 million
JPMC recently set a new record for exports totaling 554,762 tons in June, the highest since the opening of the...
ADIO signs new partnership deals under $545m Innovation Program
The Abu Dhabi Investment Office (ADIO) will provide technology companies Callsign, Lyve and RIZEK financial and non-financial incentives, including rebates...
Aldrees to expand into Egypt, plans to set up 60 fuel stations
The company owns nearly 600 fuel stations in Saudi Arabia, and it is now looking to expand beyond the kingdom...
Fewer foreign workers leave Saudi job market in Q1 2021
The highest (237,000) number of foreigners left their jobs between the second and third quarters of 2020
Beneficial Owner data: Dubai Economy to fine violators
Beneficial Owner refers to individuals and entities that benefit from owning a registered business in UAE. Data required include  nationality,...
Fee for setting up business in Abu Dhabi cut by 94 percent
The reduced fee includes six activities within the business license and covers all fees for several government entities
Dubai realty sales worth $4.02 bn recorded in June
Mohammed Bin Rashid City, Dubai Hills Estate, Dubai Land, Green Community and Town Square top top areas of interest for...
UAE leads MENA region in crowdsourcing industry
Depending on the diversity of the information provided, crowdsourcing becomes a tool for growth and advancement in today’s modern era,...
Hub71 to evaluate, endorse applications for Entrepreneur Golden Visa
Applications endorsed by Hub71 will be finalized by Abu Dhabi Residents Office and the Federal Authority For Identity and CitizenshipÂ
Remote monitoring, AI: New additions to RTA’s toolkit
RTA has collaborated with Alibaba Cloud to start trial of ‘City Brain’, which analyzes big data and can eventually improve...
Iran-EU trade surpasses US$5bn in 2023, says Eurostat
TEHRAN, IRAN - The Statistical Office of the European Union (Eurostat) reported that Iran and the 27 European Union member...
Business
Company News
Latest News
DIB Q1 profit up
Business
FAB second quarter net profit $1.14bn
The rise attributed to increase in net interest and non-interest income.
Business
Tech titans promise watermarks to expose AI creations
Representatives from Amazon, Anthropic, Google, Inflection, Meta, Microsoft, and OpenAI were to join US President Joe Biden later Friday to...
Saudi Arabia’s PIF sets up Sawani Company for camel dairy industry
RIYADH, SAUDI ARABIA - The Public Investment Fund (PIF) announced the establishment of Sawani Company to enable the growth of...
Business
Most Read
Geostrategy
Security, trust: Tech titans promise watermarks on AI creations
Representatives from Amazon, Anthropic, Google, Inflection, Meta, Microsoft, and OpenAI were to join US President Joe Biden later Friday to...
- Worry that imagery or audio created by AI will be used for fraud and misinformation has ramped up as the technology improves and the 2024 US presidential election gets closer.
- Commitments by the companies include independent testing of AI systems for risks when it comes to biosecurity, cybersecurity, or "societal effects," according to the White House.
Business
Dates exports from Saudi Arabia hit $342m in 2022, marking a 5.4% surge
Riyadh, Saudi Arabia - Saudi Arabia exported 321,000 tons of dates in 2022 worth 1.28 billion Saudi Riyals ($342 million),...
- The upward trajectory continued with Saudi dates exports rising by 2.5 percent year on year in the first quarter of 2023
- In 2022, the Kingdom's dates exports surged by a remarkable 121 percent compared to 2016
Business
G42, Cerebras unveil world’s largest supercomputer for AI training, deal worth $100m
Sunnyvale, CA: G42, the UAE-based technology group and Cerebras Systems, the company specializing in accelerating generative AIÂ on Thursday announced...

