UAE Launches Arab World’s First Nuclear Power Plant
On Thursday, the United Arab Emirates (UAE) celebrated a milestone with the completion of the Arab world’s first nuclear power plant, marking a significant achievement in its energy sector. The…
Middle East Carriers Report 14.7% Surge in Air Cargo Demand Amid Maritime Tensions and E-commerce Boom: IATA
Middle East carriers experienced a significant 14.7% year-on-year increase in air cargo demand for July, driven by ongoing maritime disruptions and the continued growth of e-commerce, according to the International…
Dubai Firms Invest $1.4 Billion in China Over Eight Years, Highlights Strong Bilateral Ties
Dubai-based Emirati companies have invested $1.4 billion in China from 2015 to 2023, underscoring the deepening trade and economic ties between the two nations, according to a senior official. Mohammad…
Saudi Maritime Sector Investments Surpass $6.7 Billion Amid Strategic Collaborations
Investments in Saudi Arabia’s maritime sector have exceeded SR25 billion ($6.66 billion) due to successful partnerships between the Saudi Ports Authority (Mawani) and private sector entities. This milestone was highlighted…
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Emaar’s Revenue Soars 17% Amid Dubai Real Estate Boom
Emaar Properties, Dubai’s largest real estate developer, reported a net profit of AED5.3 billion ($1.4 billion) attributable to equity holders in the first half of 2024, marking an 8% increase…
Dubai Discloses $8.7 trillion Economic Strategy for Next Decade
Dubai has unveiled an ambitious $8.7 trillion economic strategy for the next decade, with a focus on enhancing trade, attracting foreign investment, and solidifying its status as a global hub.…
US Fintech Company MoneyHash Explores Opportunities in Saudi Arabia’s Growing Market
With the objective of becoming a financial hub in the area, Saudi Arabia has extended an enticing invitation to businesses globally. MoneyHash, a US-based business, is interested in the Kingdom's…
Saudi-UK partnerships Fuel Trade Growth with 60+ Initiatives Spanning 13 Sectors
Partnerships between Saudi Arabia and the UK have expanded significantly, encompassing over 60 initiatives across 13 sectors. This has led to a one-third increase in trade since 2018, totaling over…
Meeting EV Transition Goals is Impossible without Extracting more Copper than Ever before, According to the International Energy Forum
Echoing a new study's findings, a resounding call emerges: the world must delve deeper into the earth's veins to unearth more than double the sum of copper ever gleaned in…
Experts Assert that Artificial Intelligence will Reshape Healthcare in Saudi Arabia and the UK
Saudi and British experts underscored the pivotal role of artificial intelligence (AI) and technology in advancing healthcare. At the GREAT Futures Conference in Riyadh, luminaries from both countries illuminated the…
