Business & Money | Friday 6 December, 2024 4:13 pm

Saudi Arabia aims to become global mineral production hub: Almudaifer

Khalid Almudaifer, Vice Minister for Mining Affairs, said local demand for minerals in Saudi Arabia is witnessing a significant increase due to various factors, including mega-projects under Vision 2030. This is in addition to the initiatives outlined in the National Industrial Strategy, which ...

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Business & Money | Friday 6 December, 2024 4:08 pm

du and AIHostingHub announce the launch of first NVIDIA supercluster in the GCC

du, the leading telecom and digital services provider, in partnership with AIHostingHub “AIH Hub for Cloud Service & Datacentres Providers”, announced the successful deployment of the first-ever NVIDIA supercluster within the GCC. Located in Dubai Silicon Oasis (DSO), the project marks a...

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Business & Money | Friday 6 December, 2024 4:06 pm

NWC celebrates planting of 5.2 million trees at COP16

Riyadh, the capital of the Kingdom of Saudi Arabia, is located on the Najd Plateau and is the third largest city in the Arab world and the fifth largest metropolis in the Middle East. Riyadh was and still is the scene of many political, economic, and cultural events. This December, Riyadh hosts the ...

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Business & Money | Friday 6 December, 2024 3:58 pm

Dell Technologies and Ras Al Khaimah Economic Zone Collaborate to Drive Innovation and New Growth Opportunities

Dell Technologies and Ras Al Khaimah Economic Zone (RAKEZ) signed a Memorandum of Understanding (MoU) to provide enhanced security, flexibility, and scalability to the companies in the economic zone’s thriving business ecosystem. The MoU, signed by Walid Yehia, Managing Director - Gulf, Dell ...

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Business & Money | Friday 6 December, 2024 10:25 am

Korean CAST Project Captivates the Middle East and Taiwan, Showcasing the Global Appeal of K-Culture

The Korean CAST initiative made a strong debut in the Middle East, captivating audiences at Dubai’s Gifts & Lifestyle Middle East Expo. Simultaneously, it continued to build momentum in Taiwan with a standout presence at POP UP ASIA and the launch of a month-long pop-up store. Seoul —...

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Business & Money | Friday 6 December, 2024 9:24 am

How Elul Transforms the Digital Presence of Restaurants in Saudi Arabia

In 2025 and beyond, diners will turn to their smartphones before choosing their next meal, having a robust online presence is non-negotiable for restaurants. This is where a specialized digital marketing agency for restaurants becomes invaluable. For restaurants in Saudi Arabia looking to stand...

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Business & Money | Thursday 5 December, 2024 9:54 am

NEOM green hydrogen facility to come online in December 2026: CEO

Neom Green Hydrogen Co.’s (NGHC) completed 60% of its preparatory work, with majority of heavy equipment, solar panels and windmills already delivered and additional shipments expected, CEO Wesam Alghamdi said. In an interview with Asharq Business on the sidelines of the Saudi Green...

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Business & Money | Thursday 5 December, 2024 9:52 am

Abu Dhabi Business Week attracts over 10,000 participants

The inaugural Abu Dhabi Business Week (ADBW) concluded its first day with several key announcements and discussions taking place. The event attracted more than 10,000 policymakers, officials, and international business executives in its first day, which included the Abu Dhabi Business Summit,...

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Business & Money | Thursday 5 December, 2024 9:50 am

Mubadala announces strategic investment in Zelis

Mubadala Investment Company, the Abu Dhabi-based investment company, announced its agreement to purchase a minority stake in Zelis, a leading provider of healthcare technology solutions in the United States. Mubadala Investment Company is the lead investor, alongside a group of investors...

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Business & Money | Thursday 5 December, 2024 9:48 am

Ministry of Economy signs MoU with ADNOC to integrate data, enhance digital transformation of National Economic Register

As part of its efforts to enhance the digital transformation of the National Economic Registry (‘Growth’ platform) and to broaden its partner base, the Ministry of Economy signed a memorandum of understanding (MoU) with ADNOC. The partnership will facilitate the integration of data and...

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