The European Commission announced its approval of the acquisition and joint control of the German autonomous electric vehicle company Holon by the Public Investment Fund (PIF) and Austrian company Benteler. The Commission said in a statement that, under European Union merger law,...
UBS CEO Sergio Ermotti warned that Switzerland could lose its position as the world's wealth management center if policymakers overreact to the collapse of Credit Suisse. Ermotti, who was chosen once again as head of Switzerland's largest bank a few days after his former rival was rescued last ...
Saudi Arabia Railways (SAR) announced the success of the operational plan for Al Mashaaer Al Mugaddassah Train in the Hajj season of 1445 AH, completing the transport of more than 2.2 million passengers between Arafat, Muzdalifah and Mina stations by facilitating 2,206 trips. The train...
Minister of Commerce Majid Al-Qasabi said Saudi foreign trade has witnessed rapid progress in the goods and services sectors, backed by structural reforms under the Kingdom’s Vision 2030. The trade attachés around the world contributed to enabling access to exports by launching 660 export...
The UAE Ministry of Finance today announced the implementation of transformational projects that support the country’s efforts to transition towards the future and enhance its competitiveness, in line with the ‘We the UAE 2031’ vision and the UAE’s efforts to become the global hub for the...
The UAE Research Program for Rain Enhancement Science (UAEREP) hosted an international assembly of leading scientists, experts, and stakeholders to discuss strategic research thrust areas and outline short- and long-term roadmaps for its 6th Cycle. This cycle will offer grants to up to three...
Ras Al Khaimah Economic Zone (RAKEZ) has hosted the second session in its Growth Series 2024 edition, focusing on empowering entrepreneurs to kickstart their businesses with speed and efficiency. The event, titled ‘How to Start Up Fast and Succeed’, attracted a diverse group of budding...
In a bid to support Emirati publishers in exploring the trends of the Chinese publishing market and understanding the aspirations of readers in this ancient country, the Emirates Publishers Association (EPA) is participating in the Beijing International Book Fair 2024. This prestigious event, one...
Sun Siyam Pasikudah, part of the Sun Siyam Resorts group, proudly announces the launch of the CarePhant project, an initiative to foster the well-being of a young elephant named Kalo at the Elephant Transit Home (ETH) in Udawalawe, Sri Lanka.The CarePhant project, supported by Sun Siyam...
Scammers are attempting to steal Toncoins (TON) from Telegram users worldwide using a highly scalable scheme involving cryptocurrency boosters and friend referrals, Kaspersky researchers found. This scheme has been operating since at least November 2023. Its emergence amidst the rising popularity...