Business & Money | Wednesday 13 November, 2019 12:48 pm

Saudi Arabia’s Flagship Misk Foundation signs MoU with Hub71 for Cross-Market Access into the UAE and KSA

During the three-day Misk Global Forum in Riyadh, the Misk Foundation signed a Memorandum of Understanding (MoU) with Hub71, Abu Dhabi’s global tech ecosystem, that outlined steps towards creating a more dynamic market for startups between the Kingdom of Saudi Arabia and the United Arab...

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Environment & Energy | Wednesday 13 November, 2019 11:45 am

Baker Hughes to Expand Chemicals Manufacturing Capabilities with New Facility in Saudi Arabia

Baker Hughes (NYSE: BKR) broke ground on its first chemicals manufacturing facility in Saudi Arabia, designed to help customers improve production, reduce costs, and maximize the value of their assets across the chemicals value chain.    The company held a ground-breaking ceremony...

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Tourism & Hospitality | Wednesday 13 November, 2019 11:29 am

RAKTDA and Ras Al Khaimah TOURISM DEVELOPMENT AUTHORITY CONTINUES TO PROGRESS ITS TOURISM

Ras Al Khaimah Tourism Development authority (RAKTDA), Ras Al Khaimah Waste Management (WMA) and Ras Al Khaimah Public Services Department (PSD), came together recently to unveil the latest developments and significant milestones related to the sustainable tourism and waste management vision for...

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Business & Money | Wednesday 13 November, 2019 10:31 am

ADNOC Forms Joint Venture with Abu Dhabi’s Group 42 to Develop and Commercialize AI Products for the Oil and Gas Industry

The Abu Dhabi National Oil Company (ADNOC) announced today it has signed an agreement with Group 42 (G42), an Abu Dhabi based artificial intelligence (AI), cloud and supercomputing company, to establish a joint venture to develop and commercialize market-leading AI products for the oil and gas...

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Business & Money | Wednesday 13 November, 2019 10:08 am

DAMAC Properties reports revenue of AED 2.8 billion and sales of AED 2.4 billion in the first nine months of 2019

DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for the nine months of 2019, reporting a total revenue of AED 2.8 billion, with booked sales reported at AED 2.4 billion.   Gross profits for the same period stood...

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Business & Money | Wednesday 13 November, 2019 9:57 am

ADNOC Distribution partners with ADCB for Virtual Accounts

Abu Dhabi Commercial Bank (ADCB) and ADNOC Distribution have recently entered into an agreement for ADCB’s digital banking solution, Virtual Accounts. The Virtual Accounts solution is enabling ADNOC Distribution, one of the region’s largest and most innovative petroleum companies, to...

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Tourism & Hospitality | Wednesday 13 November, 2019 9:54 am

Middle East remains key market for European apple trade

  Interfel, the French fresh fruit and vegetable interprofessional organisation responsible for promoting the consumption of apples in the Middle East together with the European Union, are hosting an exclusive event for top local buyers and key importers, at The Renaissance Hotel in Dubai...

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Tourism & Hospitality | Wednesday 13 November, 2019 5:46 am

Peter Pan Musical Delights Families During Riyadh Season

The musical ‘Peter Pan’ continues its successful run at the Red Hall Theatre in Princess Nourah Bint Abdul Rahman University during #Riyadh_Season, with performances taking place until 23 November 2019.   Designed for all ages, the elaborate musical production features 16...

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Technology & IT | Wednesday 13 November, 2019 4:27 am

OPPO and Ericsson Launch 5G Joint Lab to Strengthen Collaboration

OPPO, the leading global smartphone brand, has announced the launch of a 5G joint laboratory with Ericsson, a leading information and communication technology provider, which will serve to deepen the two companies’ collaboration in the area of 5G. Through the new lab, OPPO and Ericsson will...

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Cars & Autos | Wednesday 13 November, 2019 3:51 am

GMC sets benchmark with a strong 2020 line-up at Dubai International Motor Show

Today, GMC revealed its boldest line up to date at the 2019 Dubai International Motor Show. Featuring greater versatility, connectivity and the latest accessories and personalization offerings, the new GMC 2020 line-up proved to be real show-stoppers for visitors at the...

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