The project will capture and store between 25,000 and 30,000 tonnes of carbon dioxide per year
Nuwa Capital, Shorooq Partners, and 4DX Ventures co-led the round, which comprised investors from all across the world
With a growing startup ecosystem and tech-driven individuals, the Middle East region is on the verge of becoming a global fintech leader, says Jeetu Kataria, co-founder and CEO at DIFX
The IMF loan will be disbursed over four years in return for the phased implementation of an economic recovery plan
Saudi Arabia will also provide $1bn for the purchase of oil products and to support of development projects
Micro-mobility is playing a significant role in decarbonising transportation across the world, says Amir Melad, GM-Middle East at Tier Mobility
The company’s total revenue in 2021 reached $99.9bn, and generated a net profit of $17.8bn
Regional and global M&A activity witnessed strong growth last year
KPMG’s latest Pulse of Fintech report shows investment in fintech companies in Europe, Middle East and Africa touched $77.4bn across 1,859 deals in 2021
Power sector investments in the MENA region are also expected to continue to thrive, with an accelerating shift towards renewables
The Bored Falcon initiative has been created and fuelled by a collective of artists across Dubai, Manama, Beirut, and Damascus
The region’s M&A deal volumes for FY 2021 were up 58 per cent from 2020
The technology provider aims to address the key delivery challenges in the Middle East such as inaccurate addressing and package tracking
In Egypt, we closed three accelerated equity offerings, out of which one was the first dual listing of a London listed company on EGX
Sun & Sand Sports, a GMG brand and the Middle East’s sports retailer, is already slated to open at the City Centre Almaza as well as Mall of Egypt
Although the pandemic has affected the air travel industry, new technologies and contactless systems can eliminate the bottlenecks, says Osama Nawayseh, Middle East sales manager at Vision-Box
It will be the first facility to be developed by AD Ports Group in the Hashemite kingdom of Jordan and its first cruise facility outside of the UAE
The coalition later said that it carried out airstrikes on “legitimate military targets” in Sana’a
Invesco’s client-centric approach has enabled its EMEA business to grow in assets under management
As core infrastructure like 5G grows across the region, optimising ICT infrastructure with a focus on sustainability is critical to building a flourishing digital economy, says Steven Yi, president, Huawei Middle East
The government initiative ‘Jordan Source’ will facilitate and ease new investments into Jordan’s digital outsourcing economy and create more jobs for its digital talents
The interception resulted in scattered debris over some residential areas, with no damages reported
The organisations plan to integrate their technological solutions to boost the growth of the education industry
The Abha International Airport has faced several drone attacks in recent months
The Abha International Airport has faced numerous drone attacks in recent months
The threat landscape is unpredictable, with many moving parts as well as social and economic changes affecting it all of the time says Alain Penel, regional VP – Middle East at Fortinet
Prior to the acquisition, Xylem held 46 per cent shares of Anadolu Flygt
The cloud division aims to provide the best public cloud services in the region including optimal latency and ultimate experience
Those injured included passengers as well as airport staff
The coalition said falling debris from the drone – which was intercepted and destroyed – injured four workers at the airport