UK announces Europe’s first high-tech uranium fuel plant
HALEU fuel is needed to power many of the next generation of advanced nuclear reactors, including so-called small modular versions...Economy Energy
UAE market cap soars as top 16 companies hit $734bn
Abu Dhabi, UAE - The aggregate market capitalization of the top 16 national companies listed on local exchanges stood at...Economy
Tech giants clamp down on Russia state-linked news
Facebook's parent Meta said it would be restricting access in the European Union to RT and Sputnik.Facebook's parent Meta said it would be restricting access in the European Union to RT and Sputnik
Twitter and Facebook have both been hit with access restrictions in Russia since the invasion of Ukraine
Explained: Inflation and its impact on GCC
It's time to review how inflation, which measures the overall increase in prices or the increase in the cost of...It's time to review how inflation, which measures the overall increase in prices or the increase in the cost of living in a country, is affecting the region?
Inflation represents how much more expensive the relevant set of goods and/or services has become over a certain time period
Saudi job market to stay upbeat in 2022
During the past four years, the kingdom has created 555,000 new jobs as part of its plan to develop $1...Slump in other job markets makes candidates open to moving the kingdom for employment.
Working on infrastructure projects underway in the kingdom will demonstrate future companies' capacity to work within different cultures and adapt to different cultures.
Bangladesh to partner with UAE to boost trade in Middle East
The Federation of Bangladesh Chambers of Commerce and Industries, or FBCCI, will launch a UAE-Bangladesh Business Council next month to...Bangladesh’s Prime Minister Sheikh Hasina is likely to launch the business council
The business council is expected to strengthening the trade relations with the UAE
Bahrain eyes cooperation with Germany in aviation, tourism
Bahrain's Minister said the private sector plays a key role in strengthening bilateral relations, as it boosts the volume of...Bahrain's Minister stressed the importance of attracting more expertise and investments.
He also highlighted the incentive packages provided by Bahrain for overseas investors.
Shurooq to invest in GCC, Arab countries, Australia, says its Executive Chairman
Shurooq is currently considering in several Arab and Gulf Cooperation Council (GCC) countries, including Egypt, Saudi Arabia, Oman and Qatar,...Shurooq has received a proposal to establish similar entities to Sharjah Sustainable City in Australia and the US.
It is now engaged in tourism, environment, transport and project management sectors and will soon invest in health, education and robotics.
DEWA completes Smart Grid Strategy short-term goals, installs 2m smart meters
Dubai Electricity and Water Authority (DEWA) has said it completed all short-term goals of its Smart Grid Strategy 2014-2035 as,...Between 2015 and 2020, it replaced all electricity and water meters with smart meters, a deployment of over two million smart meters.
Between 2015 and 2017, DEWA fully automated its transmission network connected to the 400kV and 132 kV substations.
Oligarchs in the crosshairs as West targets Putin
Metals tycoon Oleg Deripaska from Russia has called for peace talks over Ukraine crisis "as soon as possible" between Russia...US, European G7 allies will set up a "transatlantic task force" to "identify and freeze" assets belonging to Russian officials and elites close to the Russian government
One of Russia's richest billionaire, Mikhail Fridman has called the war in Ukraine a “tragedy” and called for the “bloodshed” to end
Makkah governor launches $4bn projects in the region
The new initiatives are expected to support environmental and water sustainability in accordance with the Saudi Vision 2030.The total cost of the 72 projects is said to be more than SAR15 billion ($4 billion)
They are said to spread across several sectors, including water and the environment
Oil and safe havens rally, ruble sinks on Russia sanctions
Oil prices and safe havens surged Monday while the ruble plunged after world powers imposed fresh sanctions on Russia over...Oil prices and safe havens surged Monday while the ruble plunged after world powers imposed fresh sanctions on Russia over its invasion of Ukraine
Russian President Vladimir Putin's decision to send troops across the border last week has sent shivers through trading floors as investors fret over a protracted war
