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Dubai’s Flood in 2024: Historic Rainfall Brings City to Its Knees

Ayesha Ahmed -
Dubai, the vibrant desert metropolis renowned for its lavishness and cutting-edge architecture, was unexpectedly thrust into turmoil by an unprecedented natural phenomenon: relentless downpours...
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A Closer Look: Major Gulf Market Rebound After Recent Losses

Ayesha Ahmed -
In the ever-evolving realm of global finance, the Gulf market rebound has consistently played a pivotal role. Recent fluctuations in these markets have stirred...
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Mysterious merger? Abu Dhabi’s TAQA is in Talks to Acquire Spain’s Energy Company, Naturgy

Ayesha Ahmed -
Abu Dhabi's TAQA, formally known as the Abu Dhabi National Energy Company, has recently initiated discussions concerning a potential acquisition of Naturgy, a leading...
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Market Meltdown: Drop in Gulf Market After Iran’s Attack on Israel

Ayesha Ahmed -
The Gulf markets experienced a sudden dip as geopolitical tensions soared in the wake of Iran's retaliatory strike on Israel, leading to a drop...
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The automobile industry of Qatar recorded over 7,000 New Vehicle Registrations

Ayesha Ahmed -
In recent times, the automobile industry of Qatar has witnessed a notable surge in new vehicle registrations, signaling a buoyant economy and a burgeoning...
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Saudi Bank’s IPO Fireworks: Riyad Bank’s Board Considers IPO for Investment Banking Unit

Ayesha Ahmed -
In Saudi Arabian finance, the Riyad Bank's Board emerges as a formidable force, intricately woven into the fabric of the Kingdom's financial landscape. As...
Funding News

Lucid Motors Secures $1 Billion Investment from Saudi Arabia’s PIF Affiliate

Ayesha Ahmed -
In recent headlines, Lucid Motors, an electric vehicle (EV) manufacturer, has been making waves in the financial world. Lucid Motors secures a $1 billion...
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What is the biggest surprise in series production? Volkswagen’s partnership with Mobileye

Ayesha Ahmed -
In a strategic move to revolutionize the automotive industry, the Volkswagen Group has intensified its collaboration with Mobileye, a global leader in advanced driver...
Funding News

Beyond oil: Saudi Arabia’s $40 Billion Investment in AI

Ayesha Ahmed -
In a groundbreaking move, the government has unveiled plans to create a massive Saudi Arabia's $40 billion investment in AI. This strategic initiative aims...
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Saudi Arabia’s Almarai Dairy Firm to Splash $4.8 Billion

Ayesha Ahmed -
Saudi Arabia's Almarai Dairy, the largest food and beverage manufacturer, has recently unveiled an ambitious plan to invest over 18 billion riyals ($4.8 billion)...
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