GE Vernova and Saudi Electricity Company have announced the successful completion of the first gas turbine outage entirely planned and executed by its Saudi engineers. The project at SEC's 8th power plant in Riyadh boasts a 1,700MW production capacity.
Finstreet, a subsidiary of IHC Group through Sirius International Holding, has signed an agreement with Ninety One, a global active investment manager, to explore innovative collaborations in the development of structured and exchange-traded products.
Despite record clean energy investments, the companies tasked with delivering on the energy transition, cite financial constraints, shareholder hesitancy, and policy uncertainty as key obstacles - while optimism grows around AI and emerging technologies.
Dubai’s real estate - a global stage for architectural ambition - is moving into a new era with the rise of branded residences. Yet, as the market expands at a breakneck pace, a question lingers: has Dubai's appetite for branded homes reached its limit?
Dubai’s real estate is moving into a new era with the rise of branded residences. Yet, as the market expands at a breakneck pace, a question lingers: has the emirate's appetite for branded homes reached its limit?
European markets and US stock futures are trading lower, a key development largely attributed to President Donald Trump's 25% tariff plan on imported cars and light trucks. The automotive sector is at the forefront of investor concerns, said experts.
As uncertainty lingers over the transition from trade wars to trade deals with the US, global economic confidence remains shaken. However, UAE’s economy remains resilient thanks to stable investment climate and strong global ties.
Despite record-breaking global investments in clean energy last year, the leaders of the companies tasked with delivering on the transition have become less optimistic about when the world will achieve net-zero carbon emissions, according to a survey.
Over three-quarters of businesses (76%) across Asia, Europe, and the Middle East are focused on the potential of digital technologies, including AI and cloud computing, in driving sustainable development, according to a new study."
The tech landscape in the region continues to evolve rapidly, presenting both opportunities and challenges for startups. Building a business that not only survives but thrives on a global scale needs more than just an innovative idea, says an expert.
