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Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

First wind turbines reach Saudi green hydrogen plant, says CEO

RIYADH, SAUDI ARABIA - The first wind turbines have arrived at what Saudi officials bill as the world's biggest green hydrogen...
  • Around 30 turbines are expected to be delivered by the end of the year along with the project's first solar panels.
  • The $8.4 billion NEOM green hydrogen plant is expected to reach full production by the end of 2026.

Fusion energy will be game-changing viable energy source

Private sector partners can leverage the scientific work done in public laboratories to develop the technology needed for fusion power...
  • Private sector partners can leverage the scientific work done in public laboratories to develop the technology needed for fusion power plant applications, says top US physicist
  • The recent discovery in inertial confinement fusion marks a significant milestone in the development of fusion energy as a viable energy source, highlights Kimberly Budil

‘KSA bets big on technology and AI, makes global supply chain excellent’

Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef highlighted his ministry’s role in the country’s development in...
  • Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef highlighted his ministry’s role in the country’s development in a interview with TRENDS at DAVOS 2023
  • ‘As for our industry, we have certain programs to train young people and make our new investments more and more technology-based,’ says the Saudi minister AlKhorayef

Rise and fall of luxury-loving former Malaysia first lady

Rosmah Mansor, who was sentenced to 10 years in prison and given a US$216 million fine for graft, has been...
  • Born on December 10, 1951, Rosmah was the only child of a Malay school headmaster and his teacher wife in southern Negeri Sembilan state.
  • Rosmah has reportedly accumulated an enormous collection of luxury handbags, and is said to shop at Harrods in London, Chanel in Hawaii, Saks Fifth Avenue in New York.

Qatar Economic Forum highlights country’s role

The forum reflects the strategic position of Qatar as an influential economic player and as a bridge for communication and...
  • Qatar Economic Forum reflects the country's status as an influential economic player
  • The forum reflects Qatar's keenness to enhance international cooperation to achieve a just economic recovery

‘UAE’s new labor law is a game-changer’

Legal and business leaders tell TRENDS that the new legislation is in line with the industrial modernization roadmap that the...
  • The changes in the new labor law are fairly substantial and necessitate amendments to existing employment contracts
  • They also call for modifications to policies and procedures concerning future agreements with new employees

Musk’s world and we just live in it

Buying Twitter is just the latest conquest for Musk, who has revolutionized the car industry, sent his own rocket to...
  • Musk, 50, last year became the world's richest person taking the title from Amazon's Jeff Bezos
  • His new guise as a social media overlord will fuel controversy over his political views, business methods and outsized personality

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

GCC FMCG market faces headwinds

Certain FMCG companies benefited from the pandemic since people spent more time at home baking and spending time together. As...
  • Rising worldwide raw material and transportation costs have put pressure on FMCG profits
  • The current global issues caused by rising oil prices is also impacting consumers and prices

Abu Dhabi to trade carbon credits like assets

Carbon credits can be traded on legal carbon markets, such as the Emissions Trading System of the European Union. They...
  • Expected to launch in Q3 2022, ACX will be established as a recognized investment exchange regulated by ADGM
  • The GCC's broader plan to achieve net-zero was one of the main factors in establishing a carbon market in Abu Dhabi

UAE’s steady economic rise fertile ground for growth of facilities management

A steady stream of development projects and year-round tourism in the country propel demand for tech-enabled facilities management, says Adnan...

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‘KSA bets big on technology and AI, makes global supply chain excellent’

Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef highlighted his ministry’s role in the country’s development in...

Rise and fall of luxury-loving former Malaysia first lady

Rosmah Mansor, who was sentenced to 10 years in prison and given a US$216 million fine for graft, has been...

Qatar Economic Forum highlights country’s role

The forum reflects the strategic position of Qatar as an influential economic player and as a bridge for communication and...

Most Read

Musk’s world and we just live in it

Buying Twitter is just the latest conquest for Musk, who has revolutionized the car industry, sent his own rocket to...
  • Musk, 50, last year became the world's richest person taking the title from Amazon's Jeff Bezos
  • His new guise as a social media overlord will fuel controversy over his political views, business methods and outsized personality

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

GCC FMCG market faces headwinds

Certain FMCG companies benefited from the pandemic since people spent more time at home baking and spending time together. As...
  • Rising worldwide raw material and transportation costs have put pressure on FMCG profits
  • The current global issues caused by rising oil prices is also impacting consumers and prices