Saudi Arabia and International Telecommunication Union sign MoU to support AI for sustainable development efforts
RIYADH, SAUDI ARABIA: Saudi Arabia, represented by the Saudi Data and AI Authority (SDAIA), and the International Telecommunication Union (ITU) announced a memorandum of understanding...
SHUAA Capital successfully prices $150 million bond issuance
DUBAI: SHUAA Capital, the leading asset management and investment banking platform in the region, announces that it has successfully priced a USD 150 million bond...
Pioneer Natural Resources agrees to $4.5 billion acquisition of Parsley Energy
AUSTIN: Pioneer Natural Resources Company and Parsley Energy Inc. have entered into a definitive agreement under which Pioneer will acquire all of the outstanding shares...
BASF and GO Pakistan sign MoU for research-based collaboration for the automotive industry
KARACHI: BASF has entered a partnership with Gas and Oil (GO) Pakistan to help vehicles improve fuel efficiency and reduce their environmental impact, a news...
Emirates NBD posts net profit of AED 5.6 billion
DUBAI: Emirates NBD, a leading banking group in the region, delivered a net profit of AED 5.6 billion in the first nine months of 2020,...
Ahli United Bank launches Bahrain Trade under its AUB Trader Platform
BAHRAIN: Ahli United Bank Bahrain (AUB), has announced the launch of Bahrain Trade under its AUB Trader Platform by adding Bahrain Bourse under the list...
Amanat Holdings invests $5.0 million in US-based EdTech company BEGiN
DUBAI: Amanat Holdings PJSC has made an AED 18.4 million (USD 5 million) investment in BEGiN, a US-based leading education technology company behind the proven...
SHUAA Capital appointed Advisor to 500 Startups’ Falcons 1 Fund
DUBAI: SHUAA Capital has been appointed by 500 Startups, the most active early stage venture capital firm globally, as Advisor to its Falcon 1 fund...
PIA announces flights to London, Manchester from October 30
KARACHI: Pakistan International Airlines (PIA) has announced that it would operate flights to London and Manchester from 30 October 2020. PIA will operate state of...
Pan-Beibu Gulf Economic Cooperation Forum & Beibu Gulf International Gateway Port Cooperation Summit held
NANNING: The 11th Pan-Beibu Gulf Economic Cooperation Forum & 2020 Beibu Gulf International Gateway Port Cooperation Summit, with Guangxi China-ASEAN Panorama Magazine Agency Co., Ltd...
Facebook hosts Hello Pakistan with Pakistan’s authorized sales partner Dial Zero
KARACHI: Facebook hosted a virtual launch event to introduce Dial Zero, their Authorized Sales Partner for Pakistan, to the local market. Both companies discussed this...
Dubai’s leading street food restaurant opens first branch in Pakistan
DUBAI: Dubai based group Alif Investments, which is the leader in Shariah Investments and the Financial Services Industry, has decided to bring another established food...