BYD Co. Ltd. is stepping up its Gulf expansion efforts with a plan to deploy 500 to 1,000 ultra-fast electric vehicle (EV) charging stations, Executive Vice President (VP) Stella Li said. Under this plan, BYD will offer one-megawatt units in Saudi Arabia and the UAE that can deliver a...
Farabi Petrochemicals Co. inaugurated on Sept. 22 its fourth integrated linear alkyl benzene (LAB) plant in Yanbu Industrial City, with total investments of SAR 3.6 billion ($950 million). The new facility represents a significant addition to its production capacity, boosting annual output by...
Dubai – Middle Eastern fashion is making a bold statement on the global stage. Fueled by a growing Muslim population and a rising demand for sustainable, ethical design, the region’s style is finding eager audiences worldwide. This August, Moscow Fashion Week kicked off its international...
Saudi Arabia has become a focus market for the software developer, with several projects already underway. Bringing 20+ years of trading software development expertise, Devexperts will be launching a week-long networking program in the region this Autumn, including attendance at two major industry...
Unique hands-on learning experience for teen innovators to be staged across GCC A Learning Lab, the regional teen career exploration platform, has announced the launch of a new transformational youth development program aimed at high school students in the GCC. The Innovation and...
Arabian Centres Co.’s (Cenomi Centers) shareholders approved contracts and transactions with related parties totaling approximately SAR 2.23 billion for the fiscal year ended Dec. 31, 2024.Details of contracts and transactions: Related PartyValue of Transactions in 2024(SAR...
Colorado Springs, Colorado, USA - TeKnowledge today announced the launch of its new AI-Ready Security Suite, a unique managed security offering built from the ground up to help enterprises secure the next wave of generative AI adoption. The suite is specially designed for large organizations that...
Abdullah bin Touq Al Marri, Minister of Economy and Tourism, affirmed that startups and entrepreneurs constitute a fundamental pillar in the UAE’s economic growth journey, noting that the country aims to increase the number of companies to more than two million by 2031. In statements to the...
The UAE Accountability Authority (UAEAA) signed two Memoranda of Understanding (MoUs) today, first with the Office of the Auditor General of the Republic of Seychelles, and the second with the Office of the Auditor General of the Republic of Uganda. According to a press release issued today,...
The Khalifa Fund for Enterprise Development announced that it has provided support exceeding AED1.4 billion to more than 1,200 companies since its establishment in 2007 until the end of last August. Mouza Obaid Al Nasri, CEO of the Khalifa Fund for Enterprise Development, said in statements to ...