The first Intersolar Middle East in Dubai took place in a historical year. In 2016, Dubai set a new record for the cost of solar power of about 3 US cents per kW/h. During Intersolar Middle East, an extremely low price of 2.42 US cents per kw/h for solar energy was bid during an auction for a solar ...
Under the patronage and presence of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, the second edition of the Sharjah FDI Forum is set to raise the curtains for its 2nd edition tomorrow. Organised by the Sharjah Investment and Development...
With lingering low oil prices creating uncertainty in GCC economies, Saudi Aramco and the GCC Board Directors Institute (BDI) are bringing together high profile chairmen from across the GCC and expert panellists to exchange views on the current issues facing leadership and best practice under the...
Saudi International Petroleum Company “Sipchem” was awarded the Most Improved IR Corporate Large Cap at the 2016 Middle East Investor Relations Association (MEIRA) Conference.
"Sipchem" achieved this award after gaining the majority of financial analysts and fund...
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today disbursed AED 1 million to Dubai Charity Association from its Zakat fund. The contribution will fund the association’s various charitable activities, such as helping the poor and needy and individuals in...
Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, Wife of His Highness the Ruler of Sharjah, and Chairperson of the NAMA Women Advancement Establishment (NAMA), recently launched the ‘NAMA International Women Fund’ (NAMA Fund) and seed funded it with AED 10 million. The NAMA Fund...
The influence of lines of business (LoBs) over enterprise IT spending in the Middle East and Africa (MEA) continues to grow, according to the latest insights from International Data Corporation (IDC). The firm's recently published 'Worldwide Semiannual IT Spending Guide: Line of...
According to a new report by The Boston Consulting Group (BCG), FinTech companies in the GCC now account for 7% of all FinTech business in the Middle East and Africa region. Taking on the successful business models of the United States of America (USA), payment solutions account for...
Siemens celebrated the arrival of the company’s 1000th gas turbine produced at its Berlin factory to the Umm Al Houl combined cycle power plant in Qatar. After journeying thousands of miles from Berlin, the fifth of six 11-meter-long SGT5-4000F turbines has made it to the plant that will...
More than 100 leading Saudi organizations agree real-time insights are key for driving government digital transformation and Saudi Vision 2030.
Part of Saudi Vision 2030, the National Transformation Program 2020 supports government digital transformation and economic growth through five common...