Offshore contractor Saipem is divesting its Saudi shallow-water drilling business as it sharpens its focus on higher-value offshore markets.
Cisco: Saudi firms must keep modernising networks to power the AI era
As AI, automation and smart infrastructure become mainstream, Cisco will continue to support Saudi Arabia with the secure connectivity, resilient infrastructure and digital skills needed to advance ...
Saudi Arabia’s Investment Appeal Lures Global Manufacturers
Saudi Arabia’s push to build a broader industrial base and attract global investment is turning the Kingdom into a strategic market for international manufacturers seeking stability and long-term ...
Iraq-Uzbekistan Joint Business Council to be Established
By John Lee. Iraq and Uzbekistan have signed a memorandum of understanding (MoU) to establish a joint economic and trade committee, marking the conclusion of a visit by Iraq's Minister of Trade, Dr ...
South Korea’s LG Chem bets $9.7 billion as it pivots to AI, robotics, others
South Korea’s largest chemical company LG Chem is looking to pivot from its petrochemical business toward AI-driven growth areas, citing slow profitability. In a town hall meeting Monday, LG Chem ...
How WhatsApp’s billion-dollar India business influenced Meta’s bet on Kunal Shah
A prolific angel investor known for conducting deals over WhatsApp, Shah has spent the past 15 years building products across digital payments, credit cards and lending-areas that increasingly overlap ...
UAE Ministry of Finance launches landmark sovereign investment initiative
The issuance size of the new programme will be $13m and the subscription period will run from June 24 to June 30.
UAE Ministry of Finance launches landmark sovereign investment initiative
The issuance size of the new programme will be $13m and the subscription period will run from June 24 to June 30.
Ministry of Finance announces opening of subscription and pricing for UAE’s inaugural Sovereign Retail T-Sukuk programme
Opening of subscriptions for the Sovereign Retail T-Sukuk Programme and the announcement of its pricing details mark a pivotal milestone in strengthening the UAE’s sovereign investment ecosystem.
U.S. DFC and OCIC Sign Letter of Intent for USD 100 Million Strategic Financing of Techo International Airport
The U.S. International Development Finance Corporation (DFC) and Overseas Cambodian Investment Corporation (OCIC) have signed a Letter of Intent outlining a USD 100 million strategic financing for ...