PIF LAUNCHES FIVE-YEAR STRATEGY INCLUDING VISION REALIZATION PROGRAM 2021-2025
The Public Investment Fund (PIF) today announced the launch of its five-year strategy, including its Vision...
Bahrain-GCC trade hit $5.7bn in 2020 despite COVID-19 restrictions
Bahrain-GCC trade reached $5.7 billion in 2020, accounting for 25 per cent of Bahrain’s global bilateral...
Future proofing the workforce of tomorrow with technology
It is no surprise that COVID-19 has drastically transformed the way we work, learn and communicate....
Spain looks at UAE’s offshore expertise for green hydrogen production: Spanish Deputy PM
Spain is interested in exploring the UAE’s expertise in the production of offshore green hydrogen, which...
Dubai suspends live entertainment in hotels and restaurants until further notice
All hotels and restaurants operating in Dubai are to suspend entertainment activities with immediate effect, the...
Volkswagen expects ‘substantial growth’ in China this year
German carmaker Volkswagen expects "substantial growth" in China this year, the firm's head of operations in...
Masdar helps Abu Dhabi’s green hydrogen economy plan
Masdar announced on Monday that it is joining forces with the Abu Dhabi Department of Energy,...
European airlines to face more turbulence before vaccine relief
For a year expected to mark a turning point for pandemic-stricken European airlines, 2021 is off...
Investcorp acquires SaaS based e-commerce solutions provider, Unilog
Investcorp, a Bahrain-based asset manager that counts Mubadala Investment Company as its biggest shareholder, announced that...
Dubai Economy records 132% increase in DED Trader licences
The DED Trader licence, launched by the Business Registration & Licensing (BRL) sector of Dubai Economy...
Dubai Customs completes 16 million transactions in 2020
Customs transactions recorded by Dubai Customs (DC) saw a significant rise of 23 per cent to...
Global stock markets tumble as $1.9tr US stimulus buzz fades
Global shares stumbled on Friday as hopes of a fiscal boost from a $1.9 trillion US...
Tesla enters Indian market, opens office in Bengaluru
Tesla CEO Elon Musk is on a roll. Shares of his company spiralled by as much...
App Parler booted off internet over ties to siege
The conservative-friendly social network Parler was booted off the internet over ties to last week’s siege...
South Korea to invest $114 billion in AI chips
South Korea's ICT ministry said Tuesday it will invest 125.3 billion won ($114.1 million) this year...
Visa, Plaid call off $5.3 billion deal
Visa and financial technology company Plaid said on Tuesday that they would terminate their $5.3 billion...
European, Asian stocks gain on hope for large US stimulus
European stocks rose on Tuesday on positive brokerage recommendations and gains in economically sensitive sectors due...
Oil prices decline as coronavirus cases surge in China
Oil prices slipped on Monday due to worries about global fuel demand as coronavirus restrictions across...
UAE stocks gain AED5.4 bn in market cap
Driven by banking and realty blue chips, the UAE stock markets continued their upward streak Sunday,...
Elon Musk dethrones Jeff Bezos to become world’s wealthiest person
Elon Musk, the outspoken and envelope-pushing chief executive of Tesla, overtook Amazon boss Jeff Bezos to...
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