Saudi Arabia’s Energy Minister Warns Speculators Ahead of OPEC+ Meeting.
In April, Saudi Arabia, along with other OPEC+ producers, surprised the market by announcing voluntary production cuts.
Vernost Group introduces VePay.
Vernost Group, a prominent technology solutions provider, has unveiled its latest innovation, VePay Payments Acquiring and Orchestration technology.
EDGE Secures Controlling Interest in MARS Robotics
The company has successfully acquired a majority stake in MARS Robotics, a distinguished leader in autonomous robotic solutions based in Jordan.
NEOM Company Ventures into New Territory to Actualize World’s Largest Green Hydrogen Plant, CEO Reveals
NEOM Green Hydrogen Co., an initiative aimed at supporting Saudi Arabia’s sustainability goals, is set to embark on an ambitious venture to operationalize the world’s largest green hydrogen plant by 2026. This groundbreaking project is expected to play a significant role in revolutionizing the ongoing global energy transition journey. In an interview with Arab News, […]
Novus Aviation Capital Launches SAF One
Novus Aviation Capital, a prominent player in the aviation industry, has recently unveiled SAF One Energy Management Limited, a pioneering platform dedicated to the advancement of sustainable aviation fuel (SAF).
Dubai witnessed a groundbreaking sale as an exquisitely lavish penthouse achieved a record-breaking transaction of Dh420 million.
Luxhabitat Sotheby’s International, which revealed the sale of the most expensive penthouse in Marsa Al Arab for a staggering Dh420 million.
Dh42,000 fine: Penalty elucidated for UAE companies failing to achieve Emiratisation objectives.
Private sector companies in the United Arab Emirates (UAE) have been given a deadline of slightly over a month to achieve their semi-annual Emiratisation targets.
New UAE VAT Rule Requires E-commerce Businesses to Specify Emirate of Delivery.
From July 1, e-commerce businesses in the UAE will need to make one key change in the way they book sales. This change relates to the compliance requirements under the Value Added Tax (VAT) system.
DP World has successfully concluded a Dh954 million expansion project at the Port of Vancouver, just in time for the port’s 100th anniversary.
DP World, headquartered in Dubai, has successfully completed the Dh954 million Centerm Expansion Project in Vancouver.
Investments from foreign and joint ventures in Saudi Arabia’s industrial sector have soared to a staggering $144 billion.
Saudi Arabia is experiencing a remarkable expansion in its industrial sector, driven by substantial foreign and joint investments amounting to over SR542 billion ($144 billion)