Staff Reporter

Kingdom Holding Among Investors in xAI

Posted by Staff Reporter - May 29, 2024

Saudi Arabia’s Prince Alwaleed Bin Talal and Kingdom Holding Company (KHC) have doubled down on Elon Musk, emerging as backers of the tech billionaire’s start-up, xAI. In a blog post…

Toyota Unveils New Generation Compact Engines

Posted by Staff Reporter - May 29, 2024

Toyota Motor has showcased next-generation engines that can be used in cars as varied as hybrids and those running on biofuel, as it targets tougher emissions standards and doubles down…

Chinese Programme Returns in Africa Post Covid

Posted by Staff Reporter - May 29, 2024

China’s flagship economic cooperation programme is bouncing back after a lull during the global pandemic, with Africa a primary focus, according to lending, investment and trade data. Chinese leaders have…

Luna Systems Launches Camera for Bike Safety

Posted by Staff Reporter - May 28, 2024

Luna Systems, a specialist in AI-powered safety solutions for micromobility, has announced a crowdfunding campaign for what it claims is a groundbreaking product. Launching on June 5, Luna Oculus consists…

Oil Demand Expected to Rise Until 2034

Posted by Staff Reporter - May 28, 2024

Goldman Sachs has raised its global oil demand forecast for 2030 and expects consumption to peak by 2034 on a potential slowdown in electric vehicle (EV) adoption, keeping refineries running…

China Forms Third Fund to Prop Semiconductor Sector

Posted by Staff Reporter - May 28, 2024

China has set up its third planned state-backed investment fund to boost its semiconductor industry, with a registered capital of 344 billion yuan ($47.5 billion), according to a filing with…

KSA Eyes Over $3Trillion Investments by 2030

Posted by Staff Reporter - May 27, 2024

Saudi Minister of Investment Khalid Al-Falih has underscored a plan to draw investments and financial flows exceeding $3 trillion by 2030. Saudi Arabia, recently participating in the first Sino-Gulf Cooperation…

Renowned French Brand Launches Anti-aging Serum

Posted by Staff Reporter - May 27, 2024

In a display of innovation and commitment to excellence and well-being, Château Berger Cosmetiques, the renowned French skincare brand, recently hosted a prestigious French Beauty Night, marked by the launch…

Farnek Reduces Over 80 Tonnes of Carbon Emissions

Posted by Staff Reporter - May 24, 2024

Leading UAE-based smart and green facilities management (FM) company Farnek, has received an award from Neutral Fuels for a significant reduction in the amount of carbon emissions generated by its…

Kuwait Looks at Tourism for Development

Posted by Staff Reporter - May 24, 2024

Kuwaiti Minister of Information and Culture Abdulrahman Al-Mutairi has affirmed Kuwait’s interest in supporting the UN World Tourism Organization (UNWTO) to promote and develop tourism to contribute to sustainable economic…

Author: Staff Reporter

Kingdom Holding Among Investors in xAI

Toyota Unveils New Generation Compact Engines

Chinese Programme Returns in Africa Post Covid

Luna Systems Launches Camera for Bike Safety

Oil Demand Expected to Rise Until 2034

China Forms Third Fund to Prop Semiconductor Sector

KSA Eyes Over $3Trillion Investments by 2030

Renowned French Brand Launches Anti-aging Serum

Farnek Reduces Over 80 Tonnes of Carbon Emissions

Kuwait Looks at Tourism for Development

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