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WRC 2025 unveils future trends of embodied intelligent robotsThe 2025 World Robot Conference (WRC) unveiled future development trends of embodied intelligent robots, focusing on fields such as cognition, decision-making and safety, Xinhua news agency reported. The details were shared by Qiao Hong, President of the World More… |
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Food Price Index edges up in July, says UN reportThe FAO Food Price Index, a benchmark for world food commodity prices, averaged 130.1 points in July, up 1.6% from its previous month, driven primarily by rising international prices of meat and vegetable oils, according to the United Nations' Food and Agriculture Organisation (FAO). More… |
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Kamco Invest Saudi relocates to King Abdullah Financial DistrictKamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, announced today (August 9) the relocation of its Saudi office to King Abdullah Financial District (KAFD), an iconic architectural landmark in the heart of capital Riyadh and the prime busines More… |
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Marcura expands footprint in cruise sector with Brightwell unit buyMarcura, a leading maritime technology provider based in Dubai, has announced that it has acquired Brightwell Navigator, the maritime crew payroll and payment services division of Brightwell, an Atlanta-based financial technology company. Marcura, a leading ma More… |
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Aramex H1 revenue steady at $833m despite drop in international expressDubai-based logistics firm Aramex has reported stable group revenues of AED3.06 billion ($833 million) for the first half of 2025, as growth in domestic and regional logistics offset a decline in international express volumes. It revenues rose 1% supported by increased demand for local and re More… |
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Saudi Maaden H1 profit up 73% on higher sales; revenue hits $4.8bnSaudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly driven by higher consolidated sales volumes and stronger commodity prices. More… |
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Q Mobility to develop parking solutions in KezadKhalifa Economic Zones Abu Dhabi – Kezad Group, one of the largest operators of integrated and purpose-built economic zones in the region, and Q Mobility, a subsidiary of ADQ, that manages and operates parking and toll solutions in Abu Dhabi, have announced an agreement to develop a tru More… |
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Eversheds Sutherland advises SPPC on $8.2bn Saudi renewable energy dealGlobal law firm Eversheds Sutherland said its cross-practice, multi-office team has advised Saudi Power Procurement Company (SPPC) on a landmark portfolio of seven renewable energy projects in Saudi Arabia, comprising five solar PV and two wind developments. W More… |
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Bahrain Development Bank wins big at Asian Banking Awards 2025Bahrain Development Bank (BDB) has snapped up two prestigious accolades at the Asian Banking & Finance Awards 2025 held in Singapore. A leading financial entity, BDB was established by the Government of Bahrain to promote investments in the country. More… |
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India's Rana Group to set up Smart manufacturing hub in Ras Al KhaimahRas Al Khaimah Economic Zone (Rakez) has entered into a landmark partnership with Indian construction giant Rana Group to establish Erisha Smart Manufacturing Hub, which aims to boost the region’s industrial and sustainability sectors. The collaboration More… |
