Food dispatch app Uber Eats launches robot deliveries in Tokyo
Uber Eats' boxy robots have square headlights for eyes and three wheels on each side to navigate kerbs as they...
Middle East commercial aircraft services market to grow to US$28bn
Abu Dhabi, UAE--The MENA region's commercial aircraft services market will more than double in value by 2042, according to Airbus’...
Business
Business
Bahrain announces ban on single-use plastic bags from Sept. 19
Bahrain has announced a ban, effective from September 19, on selling, manufacturing, circulating and importing single-use plastic bags, which are...
- The ministry said the ban would apply on selling, manufacturing, circulating and importing single-use plastic bags, which are less than 35 microns in thickness.
- Industry minister Al Zayani said that the ministry held stakeholder engagement sessions especially with the private sector through the Bahrain Chamber of Commerce and Industry.
Business
Qatar Development Bank investments in SMEs exceed $27 million
For the first time, direct investments supervised by Qatar Development Bank in SMEs has exceeded QR 100 million ($27 million)....
- The total amount of direct and indirect investments in the bank’s portfolio has reached QR 220 million.
- The Bank held the 4th edition of the Investment Forum, in which it launched the first investment platform of its kind in the State of Qatar.
Business
Saudi Arabia to host Global Cybersecurity Forum in November
The National Cybersecurity Authority is organizing the annual event under the theme Rethinking the Global Cyber Order.
- Over two days, experts from around the world are expected to gather to address the most pressing issues facing the cyberspace
- These include the evolving international order in cyberspace, the state of cybersecurity threats, and the solutions to threats
‘Bleed us dry’: Why tech platforms are facing rebellions
Tech platforms create walled gardens where buyers and sellers are protected from cybercriminals and fraudsters, and standards of quality are...
- Etsy, Uber, and food-delivery outfits operated 'highly ambiguous' systems that allowed 'complete ownership and surveillance power over their clients'
- In one case of pushback, 10,000 sellers on Etsy closed their online shops for a week from April 11, in what was effectively a strike
Yemen capital’s first commercial flight since 2016 postponed
Hours before the flight, the airline said on its Facebook page that "it has not yet received operating permits," and...
- The airport in Yemen was hoping to receive the commercial aircraft on Sunday morning after seven years of war
- The halt on Yemen's commercial flights prevented sick civilians from seeking urgent medical treatment in foreign countries
Analysis
Should you invest in Metaverse real estate?
The economic opportunities and jobs created by the Metaverse will revolutionize how we work, socialize, play, and earn, says Sebastien...
- Revenues from the Metaverse are estimated to grow to $800 billion in 2024
- Metaverse plot prices rose from $100 in January 2021 to $15,000 in December 2021
Business
Fintech giant Stripe allows Twitter stars earn cryptocurrency
Online payments giant Stripe on Friday said it will start letting Twitter stars get paid in a dollar-pegged form of...
- Stripe said in a blog post that it is eager to expand the option to other online platforms
- The company will do the behind-the-scenes work to enable a "select group" of popular Twitter figures to get paid
Business
UAE and KSA stock markets remain flat this week
Against the backdrop of mounting concerns about the supply of crude oil, the stock markets in Saudi Arabia and the...
- The Saudi Tadawul stock exchange ended the week with a loss, after a three-week period of considerable gains in the month of April
- Aramex's stock helped the Dubai index end the week with high results, while crude oil prices dragged down the gains in Abu Dhabi
Business
EU to bring in law requiring Big Tech to remove harmful content
The European Union early Saturday finalized new legislation to require Big Tech to remove harmful content, the bloc's latest move...
- The Digital Services Act (DSA) aims to ensure tougher consequences for platforms and websites that host a long list of banned content ranging from hate speech to disinformation
- EU officials and parliamentarians finally reached agreement at talks in Brussels early Saturday on the legislation
Business
Tanker that sank off Tunisia was empty: Ministry
The Equatorial Guinea-flagged Xelo was thought to have been carrying 750 tons of diesel when it went down en route...
- The Equatorial Guinea-flagged Xelo was thought to have been carrying 750 tons of diesel when it went down en route between Egypt and Malta on Saturday
- The ship’s seven crew members were banned from leaving the country for two weeks, pending the outcome of the probe
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Food dispatch app Uber Eats launches robot deliveries in Tokyo
Uber Eats' boxy robots have square headlights for eyes and three wheels on each side to navigate kerbs as they...
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Almarai profit rises 27% in H1
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Herald, SAIF Zone sign agreement
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Morocco looks to become key player in green hydrogen
According to the country's economy minister, around 1.5 million acres of public land -- nearly the size of Kuwait --...
Economy
Iran to sign long-term contract with India on Chabahar Port
Tehran, Iran-- Iran will sign a long-term contract with India to develop Chabahar Port, according to the Islamic republic's minister...
Business
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Business
Alibaba plans to list subsidiary in IPO
It did not give a timetable for the move or how much it hoped to raise.
- Alibaba announced in March it was dividing itself into six entities, with the goal of listing them separately, along with the replacement of CEO Daniel Zhang.
- Zhang, who was initially supposed to take charge of the firm's new cloud computing branch in September after stepping down, left just as he was supposed to take up his new post.
Business
UAE explores partnership with China in labor and human resources
Dubai, UAE - UAE and China explored opportunities for the two countries to cooperate and exchange experiences in areas related...
- They also discussed the role that joint efforts play in promoting growth and encouraging entrepreneurship.
- The two sides presented their respective plans for developing priority business sectors.
Business
QatarEnergy inks pact with Marubeni
QatarEnergy will supply naphtha to Marubeni for 10 years.
- This pact builds on the five-year Naphtha sales agreement signed in 2018 between QatarEnergy and Marubeni Corporation.
- Japan-based Marubeni Corporation is the largest petrochemical feedstock trading entity and aggregator in Asia.