Ajman Free Zone (AFZ) announced today that it has become an AWS Activate Provider. Startups affiliated with the AFZ, which are building or about to start building on Amazon Web Services (AWS), can now apply for the AWS Activate incentive program and receive free AWS credits, technical support, training, resources,...

Tesla chief offered $54.20 a share, which values the social media firm at $43.4 billion, in a filing dated April 13, with the Securities and Exchange Commission.

Sandooq Al Watan, the community initiative launched by Emirati businessmen to support the creation of a better future for forthcoming generations, announced that it has funded ‘Lune,’ a platform from an Emirati startup specializing in the field of financial data analysis, with an amount of AED250,000 ($68,000). Created by Lune...

The study calls for the stability of the business environment by reforming relevant laws.

France says Amazon’s seller contracts have ‘unbalanced’ clauses.

Company workers had gathered Sunday to urge the state to save the factory, local media said.

It has said a shot for multiple variants is coming by 2022-end.

The shopping behavior has changed a lot in the region in past two years as consumers are looking for promotions and offers especially in food, perishables, groceries and home appliances. Studies suggest that consumers are spending more on cross-border goods, particularly consumer packaged products, during Ramadan this year.

Businesses in the region are increasingly adopting cloud to protect their data, apps and infrastructure from fraudulent activities while supporting compliance and confidentiality.

Jordan and Turkey will jointly mine copper in Abu Khashaba Canyon and Ghor Fifa in Southern Jordan. Jordan’s Ministry of Energy and Mineral Resources and Turkey's "Solvest Trade and Industry Limited Company" on Wednesday signed a memorandum of understanding (MoU) regarding the same. The deal was signed by Energy Minister...

Dubai Next, the digital crowdfunding platform that has attracted many young innovators and start-up ideas, is anticipating an increase in fund-seekers and contributors.

Saudi Arabia and Kuwait have appealed to Iran to hold negotiations on demarcating the eastern boundary of the submerged Dorra natural gas field. Saudi Arabia and Kuwait affirmed their right to exploit the natural resources in the gas field.

The Paris contemporary art scene has partly got its mojo back thanks to a slew of new museums, including the Louis Vuitton Foundation and Bourse de Commerce.

The Abu Dhabi-based firm has an office in Cairo.

Iran is hoping to host visitors flocking to nearby Qatar for the 2022 World Cup finals, with officials boosting flights and readying hotels for an expected influx of football fans.

The Earnings per Share (EPS) amounted to QR 0.36.

UAE, Saudi Arabia and Kuwait are the three top performing GCC markets when it comes to appetite for high-end cars, Hamid Haqparwar, MD of BMW Group Middle East, tells TRENDS.

A business delegation of Czech Republic visited Bahrain to explore investment opportunities and expansion of economic projects between the two countries. The delegation expressed keenness on cooperating with Bahrain for investment in various private sectors. Industry, Commerce and Tourism Minister Zayed bin Rashid Al Zayani said that Bahrain welcomes all...

Oman has become the 100th country to ratify a 2006 treaty that protects the rights, pay and conditions of seafarers. The ratification means more than 96 per cent of the world’s gross shipping tonnage is now covered by the Maritime Labor Convention (MLC). It also applies to most countries that supply...

As Europe aims to wean itself off Russian fossil fuel because of the Ukraine invasion, Israel hopes to help fill the gap with gas from its offshore reserves. EU states remain divided on the time scale, but European Commission President Ursula von der Leyen has said the bloc hopes to...

ADQ, an Abu Dhabi-based investment and holding company, and Chimera Investments, an Abu Dhabi-based private investment firm, announced they have established ADC Acquisition Corporation (ADC), the UAE’s first Special Purpose Acquisition Company (SPAC). ADC plans to raise AED367 million through an Initial Public Offering (IPO) of 36.7 million shares at...

The two 175,000 cubic meter LNG vessels will join the company's fleet in 2025.

DEWA shares soared 19% in the first minutes of trading on Tuesday.

The automaker is switching all sales away from traditional fuel cars.

Prices of crude oil have skyrocketed across the world, thanks to the Russian invasion of Ukraine and the subsequent sanctions placed on Moscow.

Meta, the parent company of Facebook and Instagram, will give content creators the opportunity to sell virtual items to users in Horizon Worlds, its main platform in the metaverse, the company said Monday. "For example, someone could make and sell attachable accessories for a fashion world or offer paid access...

The Dubai real-estate market recorded transactions amounting to more than AED1.53 billion ($417.72 million) on Monday, April 11.

The Saudi Arabian Oil Company has outlined a clear strategy to continue to invest in both upstream and downstream segments, says Rehan Akbar, Senior Vice-President at Moody’s.

dnata, Dubai-based air and travel services provider, has unveiled a new 10,500 sqm cargo center at London Heathrow airport.

Italian Prime Minister Mario Draghi arrived in gas powerhouse Algeria on Monday as Rome steps up efforts to reduce its heavy reliance on Russian energy imports. Italy buys the vast majority of its natural gas from overseas, with over 40 percent of those imports coming from Russia. But the war...

The growth in Dubai cooling network occurred between 2018 and 2021.

SIIG, also known as Saudi Industrial Investment Group, has obtained the approval to buy all shares of Petrochem.

Swedish firm said it was suspending its operations.

Saudi Arabia’s Eastern Province has launched 11 investment projects in Dammam metropolis. The Undersecretary for Investments and Revenue Development, Eng. Hamdan Al-Aradi, said the launch of these investment sites is part of the objective of 40 investment projects with an area of ​​3 million square meters. The objective itself, he...

A leading magazine recently published Top 10 Richest Arab billionaires list and was criticized for ignoring many nationalities and known wealthy businessmen.

Asian stocks posted losses on Monday as unease lingered over tightening monetary policy by the Fed and rising prices in China.

Lucky Gas is the company's first Very Large Gas Carrier.

The new company, jointly owned by QIC and QInvest, will be a Sharia'a compliant entity, regulated by Qatar Financial Centre Regulatory Authority.

The PCK refinery in Germany has been processing crude oil from Russia since before reunification, but a looming ban on Russian oil has put its future in doubt.

Parag Agarwal announced on Tuesday that Musk was joining the board.

Forbes recently published Top 10 Richest Arab billionaires list and was criticized for ignoring many nationalities and known wealthy businessmen.

Dubai has issued 24,662 new business licenses in Q1 2022, a report by the Department of Economy and Tourism (DET) said. This marked a growth of 58 percent from Q1 2021, when 15,580 licenses were issued. DET Business Registration and Licensing (BRL) issued its first-quarter 2022 report on the business...

The luxury hotel chain is planning 15 new hotels in the next 10 years, which include at least 5 new properties in Dubai and a new hotel in Makkah

President of the Jordan and Amman Chambers of Industry Fathi Jaghbir said Saturday that the National trade window to facilitate investments and improve the business environment is a key reform leap.

The total real estate trading volume in Jordan by the end of March reached JD 1.414 billion ($1.6 billion). The real estate trade volume in the North of Amman Land Registration Directorate amounted to JD272 million at the end of the first quarter of this year, ranking first among the...

The Saudi dairy company recorded 9% jump in net profit.

Abu Dhabi has allowed Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, to operate as a broker-dealer in virtual assets in the emirate. Abu Dhabi Global Market (ADGM) introduced the world’s first comprehensive and robust virtual asset regulatory framework in 2018.

Axiom sees the voyages as the first steps of a grander goal: to build its own private space station. The first module is due to launch in 2024.

Countries like the UAE, Saudi Arabia, and Oman appear on track to take giant strides in diversifying their portfolios when it comes to power generation.

He also called out users who are highly followed but rarely post.