Friday, November 22, 2024
Today's News
Friday, November 22, 2024
Today's News

Tag: The Arabia Times

Egypt’s Flat6Labs launches $95m VC fund to support tech ecosystem in Africa

New fund intends to purchase greater than 160 onset tech startups over the next five years Cairo-based equity capital company Flat6Labs released a $95 million seed fund to enhance onset technology startups in Africa. Headquartered in Egypt, the Africa Seed Fund (ASF) will concentrate on…
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Investors in Bahrain expect economic stability during Q1

BCI has shown a total boost to accomplish 103.84 factors in Q1 of 2023 More than 94% of financiers in Bahrain expect the stability of service and financial setting during the first quarter of 2023, videotaping lower price by 1.66% compared to previous quarter, according…
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Saudi Aramco posts $161 billion profit

It was an oil firm yearly earnings call like any other, loaded with promises to minimize discharges, commitments to diversity, ESG as well as sustainable development. Other than this was no average oil company, because Saudi Aramco is no normal company-- oil or otherwise. The…
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UAE, Japan exploring fresh avenues of economic cooperation

The United Arab Emirates and also Japan the other day examined the leads of improving financial, profession as well as investment participation, and also discovered brand-new economic chances of usual rate of interest. This came at the Abu Dhabi Company Discussion Forum, which was organised…
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Saudi Arabia’s brand new airline, Riyadh Air, gets $50b war chest to take on rivals

When affordable service provider Bonza launched in Australia in 2015, it revealed it was buying four new Boeing 737 MAX eights. Saudi Arabia, house to the world's largest oil books, rolls differently. When the kingdom releases an airline company, it obtains moneyed to the tune…
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Qatar Airways to operate daily flights to Ras Al Khaimah from November 1

Solution to help emirate achieve its target of three million yearly site visitors by 2030 Ras Al Khaimah: Qatar Airways will certainly run everyday trips to Ras Al Khaimah beginning November 1, the emirate's tourist authority stated on Tuesday. The service will open new tourist…
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Mauritanian President receives Sahrawi Minister in charge of diplomatic affairs

The member of the National Secretariat, Minister in charge of polite events, Mr. Mohamed Salem Ould Salek, was obtained by the Mauritanian Head Of State Mr. Mohamed Ould Sheikh Al -Ghazwani at the Presidential Palace in the Mauritanian capital, Nouakchott. Minister in charge of polite…
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Saudi Crown Prince launches new national carrier Riyadh Air

RIYADH: Saudi Crown Royal prince Mohammed bin Salman on Sunday introduced the creation of a brand-new nationwide airline company "Riyadh Air," entirely owned by the Public Mutual Fund, the Saudi Press Agency reported. The airline seeks to allow Riyadh to become a portal to the…
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Central Bank of Oman hosts capacity-building workshop

Muscat: Ability - Structure workshop, conducted at the Central Bank of Oman (CBO) started on Monday as well as is anticipated to continue till Tuesday, the 14th of February. The workshop, arranged by Islamic Financial Services Board (ISFB) focuses majorly on 3 locations: 1. Standards…
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UAE’s ADNOC Gas shares surge 19% in $2.5b IPO

Shares in the United Arab Emirates' ADNOC Gas climbed 19 percent in their very first day of trading on Monday in a $2.5 billion initial public offering that intends to use expanding demand for the gas. ADNOC Gas, a subsidiary of state-owned power titan Abu…
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DUBAI: Argentine version Georgina Rodriguez, who now stays in Saudi Arabia, is the new worldwide…
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