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Press Dossier   By Date  19/06/2024
Saudi Arabia climbs to 16th place in World Competitiveness Index
RIYADH: Saudi Arabia’s ongoing economic diversification efforts have propelled the country to the 16th spot in the World Competitiveness Index 2024, up one place from the previous year.
MENA IT spending to reach $194bn in 2024
RIYADH: Information technology spending in the Middle East and North Africa region is set to reach $193.7 billion in 2024, a 5.2 percent increase from the previous 12 months, according to a new report.
Industries must make massive investments for net-zero by 2050
RIYADH: Global industries must halve emissions by the end of this decade to reach 2050 net-zero targets, according to a new analysis urging for increased clean energy infrastructure spending.
UAE: Brookfield-led consortium to invest in GEMS Education
A consortium led by Brookfield Asset Management has agreed to invest in Dubai-based international education provider GEMS Education, the companies said in a joint statement on Tuesday.
Ajman completes 169 real estate valuations worth over Dh729.5 million in May
The Department of Land and Real Estate Regulation in Ajman completed 169 real estate valuation processes during May 2024 with a total value exceeding Dh729.5 million, data showed.
Topsoe, ABB, Fluor alliance to design concept for SOEC factory
Topsoe, a global leader in carbon emission reduction technologies; ABB, a technology leader in electrification and automation; and Fluor, a leader in engineering, procurement and construction services, have formed an alliance to design a standardised concept for building Topsoe’s next Solid Oxide Electrolysis Cells (SOEC) factory.
Dubai Chamber explores opportunities to drive economic growth
Dubai Chamber of Commerce’s second quarterly roundtable meeting of Business Groups and Councils for 2024 created a valuable platform to highlight prospects for economic growth and explore the promising opportunities.
NBE signs $1bn Senior Unsecured Syndicated Term Loan Facility
The National Bank of Egypt (NBE) has announced the successful signing of a $1 billion Senior Unsecured Syndicated Term Loan Facility, which will be used for general corporate funding purposes and trade finance requirements of NBE.
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