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Mideast workforce embrace upskilling to thrive in age of GenAIEmployees 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 More… |
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Saint-Gobain unit boosts UAE presence with key acquisitionSaint-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 More… |
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Alstom opens its new regional headquarters in RiyadhAlstom, 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 More… |
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Henkel launches beauty care production facility in RiyadhHenkel, 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 More… |
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Adopting sharia standard 62 may disrupt sukuk market, says S&PThe 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 More… |
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Telal Al Qurm gets licence for Oman ITC developmentTelal 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. & More… |
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Mubadala, QIA invests over $600m in American trailer lessor TENI 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 More… |