‘Authenticity, experiences, culture, generational and solo travel to lead tourism trends’
Visit Saudi, experience the warmth, generosity and hospitality of the people, Jerry Inzerillo tells TRENDS in an exclusive interview.
Business
Lithium-sulfur batteries will transform energy storage, says Lyten’s Horvath
Lyten, a Silicon Valley-based company, is revolutionizing the energy storage market with its groundbreaking lithium-sulfur battery technology. These batteries offer...
World Economic Forum
Business
Expo Center Sharjah wraps up successful Paper One Show
SHARJAH, UAE - Expo Center Sharjah (ECS) wrapped up the eighth edition of Paper One Show on a high note....
- The exhibition managed to cement Sharjah's leading position as one of the key regional events specialized in the paper industry.
- There was an increase of 60 percent in the exhibition over the previous edition in the number of participating companies.
Business
Non-oil trade between UAE and Kuwait up 87 percent in 10 years
Abu Dhabi, UAE--- Non-oil foreign trade between the UAE and Kuwait has grown 87 percent over the past ten years...
- The total trade between the two countries during 2013-2022 amounted to AED316.2 billion,
- Non-oil trade between the UAE and Kuwait grew 13 percent, worth AED5 billion last year, to reach AED43.5 billion, compared to AED38.5 billion in 2021.
Science
Abu Dhabi DoH names winners of Healthcare Research and Innovation Grant
ABU DHABI, UAE - The Department of Health – Abu Dhabi (DoH), which regulates the healthcare sector in the emirate,...
- The grant, launched in September 2022, received over 70 complete submissions, and the top eight were awarded a monetary prize.
- The winners will have the opportunity to conduct clinical trials and commercialize their ideas.
Business
1,400 MW more nuclear power added to UAE national grid
Abu Dhabi, UAE--The commercial operations of the Unit 3 of Barakah Nuclear Energy Plant in the Al Dhafra Region of...
- Total production from Units 1, 2 and 3 of Barakah now produce 4,200MW of clean electricity for the UAE national grid.
- Unit 3 of the Barakah Plant has completed the process from Fuel Load to Commercial Operations more than four months faster than Unit 2 and more than five months faster than Unit 1.
Geostrategy
UAE, Algerian ministers discuss enhancing bilateral cooperation
ABU DHABI, UAE - UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan and Algerian...
- UAE, Algerian ministers reviewed ways to advance cooperation in areas that contribute to sustainable economic growth.
- The two ministers discussed UAE's hosting of the 28th session of the Conference of the Parties (COP 28) this year.
Business
IAG flies back into annual profit
Net profit came in at $457m, compared to 2.9bn euros loss in 2021.
- IAG announced Thursday the acquisition of Air Europa for 500 million euros from the Spanish company Globalia.
- IAG said it recruited 7,400 colleagues last year after axing about 10,000 on Covid fallout.
Business
Bayanat, Yahsat partner to develop space programme for earth observation capabilities
The MoU brings together Bayanat’s expertise in remote sensing capabilities and data analytics, and Yahsat’s proven capabilities spanning satellite space...
- The MoU brings together Bayanat’s expertise in remote sensing capabilities and data analytics, and Yahsat’s proven capabilities spanning satellite space technology
- The strategic partnership was announced at IDEX 2023 and is aimed at establishing and operating strategic earth observation partnership within the UAE
Facebook, Instagram roll out paid subscription in Australia, New Zealand
Facing a drop in advertising revenues, parent company Meta is piloting a subscription in Australia and New Zealand before it...
- The subscription service of Meta will cost US$11.99 on the web and US$14.99 on the iOS and Android mobile platforms
- From Friday, subscribers Down Under who provide government-issued IDs can start applying for a verified badge
Canadian privacy regulators launch TikTok probe
The Chinese-owned platform is under growing Western scrutiny, and Canada's move came just hours after the European Commission banned the...
- Canada's Office of the Privacy Commissioner said it had launched a joint probe into TikTok alongside provincial privacy regulators from Quebec, British Columbia and Alberta
- The massively popular video-sharing platform has come under increasing scrutiny from the West over concerns that Beijing could access user data from around the world
Boeing halts deliveries of 787 again on fuselage issue
Boeing's difficulties with the 787 have come as the company tried to reset its relationship with the FAA following the...
- Boeing said it "discovered an analysis error" by its supplier related to the 787 forward pressure bulkhead during a review
- Air India unveiled a record series of orders earlier this month from Airbus and Boeing, including for 20 Dreamliner planes, with options for 20 more
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
‘Authenticity, experiences, culture, generational and solo travel to lead tourism trends’
Visit Saudi, experience the warmth, generosity and hospitality of the people, Jerry Inzerillo tells TRENDS in an exclusive interview.
Business
Company News
ADNOC Drilling, Alpha Dhabi set up JV
Geostrategy
Latest News
Maersk halts ships’ transit via Red Sea strait for 48 hours
COPENHAGEN, DENMARK - Shipping giant Maersk said on Sunday it was suspending the passage of vessels through a key Red Sea...
Geostrategy
Saudi AZM gets independent director
Omar bin Fahd Al-Sunaidi's term will extend until Jun 2026.
Business
13 million merchandise tons shipped via special corridor, says Ukraine
The corridor was created in August to link Ukraine's ports to the Bosphorus Straits, several weeks after Moscow refused to...
Business
Most Read
Business
Bahrain kicks off roadshow in China to boost tourism sector
Manama, Bahrain--The Bahrain Tourism and Exhibitions Authority (BETA) began a roadshow in Shanghai and Guangzhou, China, involving prominent travel, tourism,...
- The roadshow n China looks to promote Bahrain as a prominent tourist destination in regional and global markets
- BETA tied up with the private sector to create distinctive tourism products that contribute to boosting the economy
Geostrategy
ACC holds workshop in Jordan on dangers of human trafficking
AMMAN, JORDAN - Amman Chamber of Commerce (ACC), in cooperation with Ministry of Justice and Jordan Judicial Council (JJC), organized...
- The workshop aims to introduce human trafficking crime in Jordanian law and global pacts and the measures taken at the national level to help victims.
- The workshop reflects the "important" role played by national institutions in combating human trafficking and raise awareness of its dangers.
Business
Excel Astra to build facility in KEZAD
The fabrication unit will cost the firm US$5.44m.
- The new installation will benefit from the collective expertise of KEZAD and ASTRA to accelerate growth in the industry sector while creating jobs and providing products
- The business facility is expected to source $21.78 million worth of goods and services from the local market annually, thereby strengthening the local economy