Saturday 27 July 2024
 
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Mideast workforce embrace upskilling to thrive in age of GenAI

Employees in the Middle East are showing a strong appetite for acquiring new skills driven by rapid technological advancements in the region and the urgent need to address the climate crisis.    In the Middle East, 63% of respondents believe that technologi

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Saint-Gobain unit boosts UAE presence with key acquisition

Saint-Gobain Construction Chemicals, through its Chryso subsidiary, has completed the acquisition of WinChem Middle East Chemical Industries, a manufacturer and supplier of concrete admixtures serving the construction industry in the UAE.   A unit of global sust

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Alstom opens its new regional headquarters in Riyadh

Alstom, the global leader in green and smart mobility solutions, has announced the opening of its regional headquarters in Saudi capital Riyadh.    This significant step underscores Alstom’s commitment to advancing sustainable mobility and its long-st

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Henkel launches beauty care production facility in Riyadh

Henkel, a global leader in industrial and consumer products, has opened its cutting-edge beauty care production facility in Riyadh.   The facility will produce a wide range of products under the well-known Pert brand, including shampoos, conditioners, and other

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Adopting sharia standard 62 may disrupt sukuk market, says S&P

The adoption of the new sharia standard 62 could disrupt the sukuk market as soon as next year, according to top ratings agency S&P Global.   The Accounting and Auditing Organization for Islamic Financial Institutions' sharia standard 62 could reduce iss

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Telal Al Qurm gets licence for Oman ITC development

Telal Al Qurum Real Estate has announced that it has secured a licence from Omani authorities for setting up an integrated tourist complex at Qurum area in the capital Muscat. It has already begun constructing a bridge to link the key development zone to the road network.  &

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Mubadala, QIA invests over $600m in American trailer lessor TEN

I Squared Capital, a leading independent global infrastructure investment manager, today (July 15) announced that it has raised more than $600 million from top regional investors including Abu Dhabi-based Mubadala Investment Company (Mubadala) and Qatar Investment Authority (QIA) for Transpor

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