Saudi Arabia to produce world’s lowest-cost electricity
The kingdom will soon develop a solar project that will produce electricity at the lowest cost per kilowatt...
Tag : Middle East
DP World to launch new shipping line in partnership with Marwani
The shipping line will connect the Port of Jebel Ali in Dubai with Egypt’s Port of Sokhna...
Qatar Airways to reshuffle fleet, retire 777 aircraft
According to the carrier, the decision is part of a strategy to cut emissions...
UAE sees surge in digital payments amid the pandemic: Study
A survey conducted by Visa revealed that 71% of consumers reported increased use of digital payments...
82% of MidEast banking customers are open to fintech solutions: Study
The study found that of the 18% unwilling to use fintech, 40% cited security and privacy as their biggest concerns...
Oman Logistics Center launches cloud-based technology initiative
Tawseel will empower startups and SMEs in Oman in the last mile delivery space...
Qatar Airways to defer aircraft delivery: CEO
The carrier will defer Airbus and Boeing aircraft deliveries due in 2020 and 2021...
DP World acquires 51% stake in TIS Container Terminal in Ukraine
The acquisition marks DP World’s second major partnership with TIS shareholders, the first being with P&O Maritime Ukraine...
Middle East energy investments to see sharp decline to $792 bn
Thee sector will see a $173 mn decline during the period between 2020 and 2024...
Egypt set to resume regular commercial flight operations
IATA estimates global airlines to lose $84.3 billion in 2020 and has projected a positive outlook for the industry in 2021...