SABIC, a global leader in diversified chemicals, has announced a net profit of SAR246 million ($65.58 million) for the first quarter of 2024, compared to a SAR1.73 billion loss in Q4 2023.
UAE-based Azizi Developments has signed up leading British engineering firm Arup to provide spatial planning services for the opera house coming up within its AED30-billion ($8.2 billion) mixed-use development Azizi Venice located in Dubai South.
The municipality of Flen in central Sweden has been chosen by Swedish manufacturer Midsummer as the location for its new 200 MW mega factory for the production of thin film solar cells for the European market.
Recent data from global research companies indicates a bright future for the GCC hospitality industry, with insights from Deloitte and STR demonstrating sustained growth as tourism continues to be a key priority for regional governments.
Emirates Development Bank (EDB), Sharjah Entrepreneurship Centre (Sheraa) and Sharjah Chamber of Commerce and Industry (SCCI) have launched the Sheraa’s Centre of Excellence (CoE).