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SIX DEVELOPMENT ZONES
Soudah Peaks luxury mountain destination plans launched
The masterplan to develop Saudi Arabia's Soudah and parts of Rijal Almaa into Soudah Peaks – a luxury mountain tourism destination set 3,015 m above sea level was launched on Monday by HRH Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud.
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DRIVING NEW INITIATIVES
Benefit acquires Bahrain Fintech Bay
Benefit, Bahrain's leading company in Fintech and electronic financial transactions services, has signed an agreement to acquire Bahrain FinTech Bay (BFB), a leading fintech hub in the region that incubates impactful and scalable initiatives.
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GHANDOUR TO RETAIN ROLE
Alpha Dhabi takes majority stake in Metito Holdings
Alpha Dhabi Holding, a leading investment company in the UAE, has acquired a majority stake in Metito Holdings, a global leader in the water and wastewater industry. This transaction marks Alpha Dhabi’s entry into the water and wastewater domain.
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INSIGHT
Offshore wind industry needs ‘responsible development’
The offshore wind industry is poised for growth, but economic pressures and technological innovation need to be managed, says Allianz Commercial in its new report.
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INSIGHT
Sustainable tourism journey: Much more to be done
Bain & Company recently launched a report highlighting the increasing demand for sustainable tourism among leisure travellers across the globe. However, it says the travel and tourism sector must make more efforts to protect the environment.
Top Trade News
 | Industry Sectors |
Acciona energises Jubail 3B desalination plant
Acciona, a global leader in renewable energy and water, along with its consortium partner Sepco 3, has started up the Jubail 3B desalination plant, energising the facility by switching on the power transformers and its downstream switchgears.
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LG steps launches Inverter Single Package in Qatar
LG Electronics recently announced that its Inverter Single Package solution, the 25RT heat pump, will officially be available in Qatar, as a part of the brand’s regional expansion strategy.
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Leaders to address fast-tracking energy transition at Adipec 2023
Adipec 2023 will bring together over 40 ministers and 120 global energy industry executives to showcase progress, share strategies, and develop innovative solutions for decarbonisation and the energy transition.
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Benefit acquires Bahrain Fintech Bay
Benefit, Bahrain's leading company in Fintech and electronic financial transactions services, has signed an agreement to acquire Bahrain FinTech Bay (BFB), a leading fintech hub in the region that incubates impactful and scalable initiatives.
More…
Young Arabs will boycott brands that damage environment: survey
More than half of Arab youth are ready to support calls to boycott brands that damage the environment, rising to about two-thirds of youth in the GCC states followed by North Africa and the Levantine nations.
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72pc of Mena SMEs eye similar or increased revenue in 2023
Small and medium enterprises (SMEs) in the Middle East and North Africa (Mena) are optimistic about 2023 revenue projections with 72% of SMEs projecting similar or increased revenue in the next 12 months.
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Soudah Peaks luxury mountain destination plans launched
The masterplan to develop Saudi Arabia's Soudah and parts of Rijal Almaa into Soudah Peaks – a luxury mountain tourism destination set 3,015 m above sea level was launched on Monday by HRH Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud.
More…
YK Almoayyed & Sons to support Reboot01 coding institute
In a move to bolster Bahrain's tech ecosystem, YK Almoayyed & Sons, one of the kingdom's esteemed business conglomerates, has announced a two-year corporate alliance with Reboot01, the first-of-its-kind on-campus coding institute in the kingdom.
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Genesis drives past one million global vehicle sales
Genesis has surpassed its one-millionth vehicle sold, a landmark achievement in global cumulative sales.
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Genesis drives past one million global vehicle sales
Genesis has surpassed its one-millionth vehicle sold, a landmark achievement in global cumulative sales.
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Young Arabs will boycott brands that damage environment: survey
More than half of Arab youth are ready to support calls to boycott brands that damage the environment, rising to about two-thirds of youth in the GCC states followed by North Africa and the Levantine nations.
More…
blinx Digital Media Hub launched to empower Mideast youth
blinx, the new digital media hub in the Middle East, has been launched empowering Middle Eastern youth with the finest in digital storytelling and news stories.
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YK Almoayyed & Sons to support Reboot01 coding institute
In a move to bolster Bahrain's tech ecosystem, YK Almoayyed & Sons, one of the kingdom's esteemed business conglomerates, has announced a two-year corporate alliance with Reboot01, the first-of-its-kind on-campus coding institute in the kingdom.
More…
Want to be a minister? Sheikh Mohammed offers a chance
His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE and the Ruler of Dubai, has surprised everyone by extending a unique opportunity for a young leader to become a minister in the UAE Cabinet.
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