TelecomOman Tower Company sings agreement to rollout infra in Port of DuqmPritam BordoloiSeptember 10, 2020 by Pritam BordoloiSeptember 10, 2020 The agreement will allow OTC to accommodate all service operators with different technologies on its towers in an open access... Read more
TechnologyHuawei and TPay Mobile to help developers in MENA to monetise their appPritam BordoloiSeptember 9, 2020September 9, 2020 by Pritam BordoloiSeptember 9, 2020September 9, 2020 The first phase of the agreement will offer DCB services in 10 countries... Read more
AviationAirports in the Middle East to lose $8 bn in revenue in 2020Pritam BordoloiSeptember 9, 2020September 9, 2020 by Pritam BordoloiSeptember 9, 2020September 9, 2020 The airports will also lose 250 mn passenger traffic this year... Read more
Shipping and PortsDP World subsidiary buys three business units of Transworld GroupWebAdminSeptember 8, 2020 by WebAdminSeptember 8, 2020 The acquisition is made through DP World subsidiary Unifeeder... Read more
EconomySaudi Arabia’s GDP fell by 13% year-on-year during Q2Pritam BordoloiSeptember 8, 2020 by Pritam BordoloiSeptember 8, 2020 The Saudi economy contracted by 1% in Q1... Read more
AviationWizz Air Abu Dhabi receives its first new Airbus A321neo aircraftPritam BordoloiSeptember 7, 2020 by Pritam BordoloiSeptember 7, 2020 Wizz Air Abu Dhabi is a JV between ADQ and Wizz Air Holdings... Read more
FintechEmirates Digital Wallet digital cash platform enters final round of testingPritam BordoloiSeptember 3, 2020 by Pritam BordoloiSeptember 3, 2020 The initiative is jointly set up by 15 of the UAE’s leading national banks... Read more
EnergyAramco delays mega petro projects to save cash and preserve dividendsPritam BordoloiSeptember 3, 2020 by Pritam BordoloiSeptember 3, 2020 Reportedly, Aramco is putting its plan to construct a $20 billion crude-to-chemicals plant at Yanbu on hold... Read more
LogisticsDubai-based logistics company Fetchr secures $15 mn fundingPritam BordoloiSeptember 2, 2020 by Pritam BordoloiSeptember 2, 2020 The funding will help the company expand to China, the US, the UK and the EU region... Read more
EnergySaudi Electricity signs $2.4 bn financing agreement with 7 major banksPritam BordoloiSeptember 1, 2020September 1, 2020 by Pritam BordoloiSeptember 1, 2020September 1, 2020 The seven banks include the National Commercial Bank, Bank Albilad and Al-Rajhi Bank... Read more