Saudi Arabia to convert 40 colleges into applied colleges
The Saudi Council of Universities Affairs, headed by Minister of Education Dr. Hamad Al-Sheikh, has taken a decision to convert...
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Equinor raises extraordinary dividend as Q2 profit beats forecast
After its second-quarter profit beat market expectations, Equinor raised its extraordinary dividend and boosted share buybacks. The strong performance was...
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Hotel rates in the UAE see 20 percent increase in anticipation of FIFA World Cup 2022 in Qatar
In a build-up to the FIFA World Cup to be held in Qatar, hotels and other accommodation providers, including homestays...
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India elects new President, 1st from a tribal community
Federal and State lawmakers voted to elect Droupadi Murmu as India’s first President from a tribal community, making her India's...
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Vodacom to retain 100 percent stake in new South African tower subsidiary
In a recent announcement, Vodacom Group has announced that it will retain 100 percent ownership of a new subsidiary poised...
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New Henley Passport Index ranks UAE passport among world’s most powerful; occupies 15th spot
According to the latest Henley Passport Index, the UAE continues to hold the strongest passport in the MENA region, and...
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China’s massive mortgage boycott by homebuyers affects over 200 projects
Cash-starved property developers in China are facing the heat from homebuyers, who have threatened to halt mortgage payments on hundreds...
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New Dubai Metaverse Assembly to be launched in September 2022
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Board of Trustees...
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Egypt’s Infinity Group and Africa Finance Corporation agree to buy 100 percent of Lekela Power
Infinity Group Egypt and Africa Finance Corporation have finalised an agreement to purchase Lekela Power in what promises to be...
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MAGRABi launches biggest lens manufacturing facility in the Middle East with investment of AED54 million
Leading Middle East optical retailer MAGRABi has launched a Lens Innovation Centre (LIC), which is slated to be the Middle...
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