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NATO @ 75 seeks US-Europe alliance as Russia threat, Trump looms
Brussels, Belgium - NATO chief Jens Stoltenberg urged the United States to stick together with Europe as the Western military alliance turned 75 on Thursday menaced by an aggressive Russia and the specter of Donald Trump's return to power. The Kremlin's full-scale invasion of Ukraine in 2022 re-invigorated NATO as it...
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Nissan, Honda in tie-up for EVs
The alliance will take on China's dominant EV makers. -
Federal Tax Authority, Etihad Credit Bureau tie up to boost tax compliance
Dubai, UAE--The Federal Tax Authority (FTA) has signed an agreement with Etihad Credit Bureau to enhance tax compliance in the UAE. The agreement aims to establish an electronic link between the two entities, enabling the Authority to directly access credit reports provided by the Bureau, using them to strengthen compliance... -
Aldar ties up with Yellow Door Energy
They will supply solar power to 45 properties in the UAE. -
UAE president and US senator discuss bilateral strategic alliance
Abu Dhabi, UAE--UAE President Sheikh Mohamed bin Zayed discussed how to deepen strategic alliance with the US in a meeting with US Senator Joni Ernst of Iowa in Abu Dhabi on Friday. During the meeting at Qasr Al Shati, the two sides exchanged views on a number of regional and... -
Renault, Nissan approve alliance
The carmakers said that they "rebalanced" their relationship. -
CST announces first Space Entrepreneurship Alliance in Saudi Arabia
RIYADH, SAUDI ARABIA - Saudi Arabia's Communications, Space & Technology Commission (CST) has announced the formation of a Space Entrepreneurship Alliance to achieve growth and sustainability in the sector and develop a solid foundation to support entrepreneurs in the Kingdom's space industry. The alliance was announced during the Commission's participation... -
OPEC+ to maintain current output level amid uncertainty
Major oil-producing countries led by Saudi Arabia and Russia agreed to maintain their current output levels. Representatives of 13 members of the Organization of the Petroleum Exporting Countries led by Riyadh, and their 10 allies headed by Moscow, decided to stick to a production cut of two million barrels per... -
Beyond Oil and Gas Alliance struggles to enlist new members
The alliance had committed to phasing out oil and gas production when it was launched at UN climate talks in Glasgow last year, hoping to inspire a global movement toward ending fossil fuels. A year later it has just signed up two countries as new friends but no large fossil... -
Ma’aden, Barrick Gold alliance get license to explore mining site in Saudi Arabia
Saudi Arabia's Ministry of Industry and Mineral Resources announced that Saudi Arabian Mining Company Ma'aden and Barrick Gold Ltd alliance have obtained a license to explore the mining site of Umm al-Damar. -
Aramco sets up digital industries
It has tied up with Cognite to bolster digitization in MENA. -
2,000 attend new Tunisia opposition alliance demonstration
A crowd estimated at more than 2,000, lower than expected, took part Sunday in the first demonstration of a new alliance to oppose a power grab by President Kais Saied. "We shall overcome," and "We are united, not divided," read banners of the National Salvation Front protesters gathered in front... -
Erdogan opposes NATO membership for Finland, Sweden
President Recep Tayyip Erdogan on Friday said Turkey did not have a “positive opinion” on Finland and Sweden joining NATO, throwing up a potential obstacle for the nations’ membership bid. Erdogan accused both countries of harboring “terrorist organizations” in his unfavorable assessment of the membership bids. -
OPEC+ sticks to modest oil output increase despite Western pressure
The 13 members of the Saudi-led OPEC and 10 countries spearheaded by Russia backed an increase of 432,000 barrels per day in May, marginally higher than in previous months. -
Auto alliance to invest $25 bn
The investment in electric vehicles spread over next 5 years. -
Qatar Fund for Development donates $10m for vaccination in poor countries
Qatar Fund for Development (QFFD) has signed a five-year agreement with Gavi, the Vaccine Alliance, and donated $10 million between 2021 and 2025 to support Gavi's efforts to enhance equitable and sustainable access to vaccines in low-income countries. Under the agreement, QFFD will support Gavi to enhance access to vaccines... -
MODON and Bin Laden Company to build industrial city
The Saudi Authority for Industrial Cities and Technology Zone (MODON), has teamed up with Mohammed Bin Laden Co. to develop an industrial city exceeding 5 million square meters. -
Adnoc Drilling eyes $86m rigs
Adnoc, Adnoc Drilling, and H&P have formed an alliance for this. -
Schneider Electric partners with Hewlett Packard in Egypt
The new alliance enables Schneider Electric to foray into new markets, sectors The alliance targets corporations and professionals in system integration, data centers and the technology sector Schneider Electric, a global leader in energy management and automation has entered into an alliance with Hewlett Packard Enterprise (HPE), with an...