Abu Dhabi-based global investment company announces merger
Abu Dhabi's IHC (International Holding Company) has announced plans to merge three of its companies into a single investment valued...
Business
Saudi Arabia and India hold talks over petrochemicals
A bilateral meeting was held between Saudi Arabia and India in a bid to boost cooperation in the chemicals and...
Alibaba’s Cloud launches second data centre in Dubai Â
Chinese e-commerce company Alibaba’s cloud business launched its second data centre in Dubai on October 14, reports Reuters. In a...
HP opens new manufacturing facility in Saudi Arabia
Information technology company HP has opened its new manufacturing facility in Riyadh, Saudi Arabia, and confirmed an AI R&D Center...
Saudi Aramco acquires additional stake in Petro Rabigh
Saudi Aramco has completed the acquisition of a 22.5 per cent stake in its refining and petrochemicals joint venture Petro...
Contract awarded for 1.5 gigawatt solar plant in UAE
Emirates Water and Electricity Company (EWEC) has awarded Abu Dhabi’s renewables developer, Masdar, and France’s Engie a development contract to...
Turkish Airlines enters cooperation agreement with Algerian Airlines
Turkish Airlines, and Algeria’s national airline, Air Algérie, have signed a memorandum of understanding (MoU), according to the Anadolu Agency...
Libya and UAE eye resumption of direct flights
The United Arab Emirates and Libya have been in talks to revive direct flights between the two countries, according to...
UAE’s PureHealth acquires 60% of Greek healthcare group
Abu Dhabi-based PureHealth has completed the acquisition of its majority stake in Hellenic Healthcare Group (HHG), according to the Financial...
World Bank raises growth outlook for MENA region
The World Bank has increased the Middle East and North Africa’s 2025 economic growth forecast to average 2.8%, up from...
Burkina Faso: Country removes visa costs for African citizens
President Ibrahim Traore's government in Burkina Faso has announced a new scheme to lift all visa costs on tourist and...
Oman unveils new visa scheme to boost investment
Oman announced that it will kickstart new schemes aimed at strengthening investment, such as a residency programme and digital registration...
Syria’s central bank governor pledges to enhance bank independence
Syria’s central bank governor, Maysaa Sabreen, has said she wants to boost the institution’s independence for monetary policy decisions since...
Palestinian businessman founds clothing workshop from rubble
A Palestinian businessman — in an effort to aid the enclave’s economy after nine months of Israeli bombardment — has...
Apple staff petitions severance from pro-Israel organisations
Employees and shareholders at Apple published an open letter on June 12th urging the company to stop an alleged scheme...
