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In "BUSINESS"
January 15, 2023
Dallah Hospital - AL Nakheel successfully operated on 70-year-old patient with spinal osteoporosis
For a country enshrined in political controversy and uncertainty, the economic outlook for the future of Iraq looks optimistic, according to Rabee Securities Founder and Chairperson Shwan Ibrahim Taha. He said: “Under the circumstances, the Iraq markets and economy have managed to stand firm, which is what is required in a such difficult political standstill and tense geopolitical situations”. Iraq has entered a legislative vacuum with the government in Baghdad acting as a caretaker cabinet without the executive authority to deal with the broader matters of the state, having only limited authority to conduct regular business related to security, health, education, and social services.Despite this, interim progress has been made as the new President, and the PM immediately began forming...
January 13, 2023
A bright future for Iraq economy
ABU DHABI — Microsoft for Startups Middle East, in partnership with the Abu Dhabi Investment Office (ADIO), today graduated the latest cohort of tech startups from its GrowthX Accelerator program. The conclusion of the cohort was celebrated during a Demo Day event, hosted at Abu Dhabi’s financial centre, Abu Dhabi Global Market (ADGM), with attendees including startup founders, government officials, investors, business leaders and stakeholders from the regional entrepreneurship ecosystem.Run as part of a strategic partnership between ADIO and Microsoft for Startups, GrowthX is specifically designed to empower growth-stage B2B startups ranging primarily from Seed to Series A stages to grow and scale in Abu Dhabi. The program features weekly sessions from Microsoft experts, as well as...
January 12, 2023
Microsoft for Startups graduates third cohort of B2B tech startups from GrowthX Accelerator program
January 12, 2023
Collapsed crypto giant FTX recovers over $5bn of assets
January 11, 2023
PIF, Ma’aden sign agreement to establish company to invest in mining assets globally
January 11, 2023
Great Wall Motor launched its first regional parts distribution Center for the Middle East
January 10, 2023
King Abdulaziz Port launches container terminal development project
January 09, 2023
Successful, but not happy?
January 05, 2023
Dallah Al Nakheel wins Best Center of Excellence in Orthopedic Surgery in Saudi Arabia 2022
By Ahmed BoshnakThe economy of Saudi Arabia is undergoing a major cross-sector transformation, with many sectors expected to experience a major boom in the coming years. Tourism, healthcare, hospitality, retail, energy, and manufacturing, to name a few, have attracted large investments, and are set to thrive and expand during the coming period.Take, for instance, the Saudi healthcare sector. In July 2022, Saudi healthcare operator Almeswak took a remarkable step and concluded a $530 million deal with UAE-based Gulf Islamic Investments (GII). Similarly, the Kingdom’s Tourism Development Fund (TDF) announced the setting up of a $400 million hospitality investment fund in collaboration with the UK-based developer Ennismore and Al Rajhi Capital. Meanwhile, huge infrastructure projects are...
January 04, 2023
Bain & Company accelerates its growth in the Saudi market