Industry
The move will direct funds to Europe’s biggest carmaker to foot the staggering cost of electrification and software development
This investment is part of the recently launched Investcorp Saudi Pre-IPO Growth Fund LP, targeting equity growth capital investments across a range of companies primarily based in Saudi Arabia
Online sales reached $29m, accounting for 3 per cent of total sales from January through August
Oil has made a weak start to September, extending a run of three monthly losses
The largest digital token has shed more than 6 per cent so far this week
The Al Wakrah and Al Wukair STW project, valued at QAR5.4bn, is in line with Qatar’s 2030 Vision to streamline water consumption and the use of unconventional water resources
The recent visit resulted in the signing of three agreements covering fintech, data protection and privacy, and cybersecurity
Operating in teams and groups and improving cultural tolerance can be key character-building factors
According to Dubai’s Road and Transport Authority, 78,000 vehicles were registered in the first half of the year
Saudi Arabia: Real estate and infrastructure projects’ value tops $1.1tn since launch of Vision 2030
Global real estate consultancy Knight Frank said it’s tracking 15 giga projects in various phases of construction around the kingdom, many of which are new stand-alone super-cities
Sophisticated mathematical tools that mimic how the brain works, enabling us to better structure the logic capability inbuilt in future AI, are crucial
Mubadala Energy will expand across the gas value chain, while exploring investment opportunities in new energy sectors such as blue hydrogen and carbon capture
Constructed by KIZAD, the facility is set for completion in the fourth quarter of 2022
The event will take place on September 28 and 29 at the Museum of the Future
Located on the Creekside of Al Jaddaf area, the district will offer conference rooms, training grounds, research labs, seminar rooms, business incubators and other attractions
The new milestone surpassed the previous record set in June 2022 by 11,031 TEUs
The establishment of a regional headquarters in Dubai will support the further expansion throughout the MENA region
After the completion of the sale, the share of renewables in Sembcorp’s total energy capacity will rise to 51 per cent from 43 per cent
Tabby works with multiple brands including Lacoste, L’azurde, Faces, In Your Shoe, Kai Collections, Ariika, Marcqa, Dresscode and Floward
The world’s plastics market is forecast to reach $45.6bn by 2025
The new advanced visa system will come into effect starting October 3
West Texas Intermediate traded near $89 a barrel in early Asian trade, 2.4 per cent higher than Friday’s close
The contract will increase Lower Zakum field’s gas production capacity from 430 million to 700 million standard cubic feet per day
Nigeria is targetting digital technology as a means to help diversify the economy away from crude oil
In September of last year, Truss was appointed secretary of state for foreign, commonwealth and development affairs
Global sukuk issuance in the first half of 2022 raised $100.9bn, marginally lower than $104.2bn in H1 2021
Growth in the Saudi non-oil economy reached a 10-month high in August
Saudia will serve Red Sea Farms’ produce, such as snack tomatoes, cucumbers and peppers to passengers, to meet customer demand and its own sustainability goals
The agreement will allow for automation of governance, risk management and compliance tasks, helping the government and private entities to become more secure
The first Spinneys store to introduce the concept will be announced soon with a rollout to follow across the UAE