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HIGH INTERNET USAGE, LOW TAXES
Bahrain in top 50 for online business setup
When it comes to the best places for setting up an online business, Bahrain does pretty well considering the global completion; it ranks 38 out of 99 countries, according to a global survey.
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$3trn NEW PROJECTS
Saudi Arabia offers $6trn investment opportunities: MBS
Major investment opportunities worth $6 trillion will be available in Saudi Arabia over the next 10 years within the framework of the opportunities provided by the Kingdom's Vision 2030, HRH Prince Mohammed bin Salman bin Abdulaziz has said.
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10 REPUBLICANS SAY ‘YES’
President Trump impeached for historic second time
Donald Trump has become first president in US history to be impeached twice, as 10 of his fellow Republicans sided with Democrats in the US House of Representatives to charge him for "incitement of insurrection" at last week's Capitol riot.
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SPECIAL REPORT
Global spending on wearables to hit $81.5bn in 2021
Worldwide end-user spending on wearable devices will total $81.5 billion in 2021, an 18.1% increase from $69 billion in 2020, according to the latest forecast from leading research and advisory firm Gartner.
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ANALYSIS
Hindsight is 20/20. What we now need is foresight
What if we could see into the future, to understand what changes will stick around long past the pandemic? Leaders are letting data be their guide as they position their businesses for sustainable success, says a report.
Top Trade News
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Saudi Arabia issues over 3,000 residential plots in December
Saudi Arabia issued more than 3,000 new contracts for residential plots in December under its Sakani Housing programme. These plots are located in capital Riyadh, Makkah, Eastern Province, Qassim, Asir, Jazan and Najran regions of the kingdom.
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Huawei in deal to set up giant store in Riyadh
Chinese tech giant Huawei has announced the signing of a leasing contract with Saudi-based Kaden Investment that will see the establishment of its mega outlet in capital Riyadh. This will be the group's largest flagship store outside of China.
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Gulf unity to bring energy market stability: GECF
The Gas Exporting Countries Forum (GECF, Forum) has welcomed the Al-Ula Declaration on “solidarity and stability” issued at the 41st Summit of the Gulf Cooperation Council (GCC) in the Kingdom of Saudi Arabia, reaffirming the importance of the internation
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Saudi Arabia offers $6trn investment opportunities: MBS
Major investment opportunities worth $6 trillion will be available in Saudi Arabia over the next 10 years within the framework of the opportunities provided by the Kingdom's Vision 2030, HRH Prince Mohammed bin Salman bin Abdulaziz has said.
More…
Global spending on wearables to hit $81.5bn in 2021
Worldwide end-user spending on wearable devices will total $81.5 billion in 2021, an 18.1% increase from $69 billion in 2020, according to the latest forecast from leading research and advisory firm Gartner.
More…
UAE non-oil trade $281bn in first 9 months of 2020
UAE's non-oil trade reached AED1.033 trillion ($281.24 billion) during the first nine months of 2020, despite the global economic slowdown and Covid-triggered lockdowns, data released by the Federal Competitiveness and Statistics Centre showed.
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England introduces mandatory pre-departure Covid testing
Passengers arriving in England from all international destinations will be required to present a negative Covid-19 test result before departure to curb the spread of the new Covid-19 strains.
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ESET launches cloud-based endpoint security solution
ESET, a global leader in cybersecurity, has announced the launch of its new endpoint security management platform, ESET PROTECT, in selected countries.
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Revamp work on Bahrain's Muharraq Park 94pc completed
Bahrain authorities said the Muharraq Grand Park revamp work is progressing at a steady pace with 94 per cent of the project already completed. Located near Bahrain International Airport, the 90,692-sq-m park adds a new landmark to Muharraq Governorate.
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Volkswagen Saudi reports positive year-end sales
SAMACO Automotive Company, the exclusive distributor for Volkswagen cars in Saudi Arabia, announced a significant increase in car sales during 2020, with Volkswagen achieving a 28 per cent growth in new cars sales despite the Covid-19 lockdown.
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Second year of pandemic could be even tougher: WHO
The second year of the Covid-19 pandemic may be tougher than the first given how the new coronavirus is spreading, especially in the northern hemisphere as more infectious variants circulate.
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Top scientist to speak at Sohar International forum
Renowned scientist and mathematical physicist Dr Robbert Dijkgraaf will speak on the significant breakthroughs and the future of science and technology at the 5th virtual edition of Sohar International Chairman’s forum – Viewpoints.
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World's first graduate-level AI university welcomes first cohort
The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), the world's first graduate-level, research-based artificial intelligence university, has officially welcomed its first student cohort.
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Milrem Robotics rolls out its new Type-X RCV
The medium class Type-X Robotic Combat Vehicle by the European leading robotics and autonomous systems developer Milrem Robotics has passed its initial mobility tests.
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