Showing results for "ray hanania"

Chevrolet Corvette E-Ray arrives in Middle East

  • Chevrolet Middle East has announced the opportunity to pre-order the first-ever electrified Corvette, the 2024 E-Ray, with all-wheel drive, in limited volumes in the Middle East. In 2023, Chevrolet announced the introduction of the first-ever electrified Corvette E-Ray, which was met with muc...
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ACWA Power’s Shuaa Energy 3 granted commercial operation certificate for 300MW solar project

  • RIYADH: The third stage of a Dubai-based 900-megawatt solar project being developed by Shuaa Energy 3 is ready to begin commercial operations, it has been announced. Saudi energy firm ACWA Power — which owns a 24 percent stake in the company behind the facility — revealed in&nb...
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Alistithmar Capital, Ezdihar Real Estate partner to launch $293m property development fund

  • RIYADH: Saudi Arabia’s Alistithmar Capital is teaming up with Ezdihar Real Estate Development Co. to create an SR1.1 billion ($293 million) property fund in a move that will benefit Riyadh’s commercial and office landscape. In a statement, Alistithmar Capital, the investment subsidiary o...
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China plans new rules on market access, says Premier Li

  • BEIJING: China will carefully study issues of market access and cross-border data flows and will soon issue new regulations in these areas, Premier Li Qiang told an audience of global CEOs and Chinese policymakers on Sunday. “We cordially welcome companies from all countries to invest in Chin...
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Honor launches flagship phone ‘Magic6 Pro’ at LEAP

  • Global technology brand Honor announced its first regional launch of its flagship phone Magic6 Pro at LEAP 2024 in Riyadh. Ray Guo, CMO of Honor Device Co., Ltd., delivered a keynote speech on the main stage of one of the world’s foremost technology events to introduce the smartphone with platf...
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Saudi Arabia startups close February with $16.3m in funding 

  • RIYADH: Saudi Arabia emerged as a significant player in the startup ecosystem this February, raising $16.3 million, making it the second-highest amount secured by any country across the Middle East and North Africa. According to Wamda’s monthly investments report for the region, the King...
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Regional venture capitals refuel their funds

  • CAIRO: Venture capitals focused on the Middle East and North Africa region have successfully refueled their tanks with multiple firms attracting new investments.  Female-led Lebanon-based Globivest announced its first closing for an undisclosed sum in its venture capital firm. ...
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UAE announces $500m investment in AI, research platform

  • LONDON: The UAE has unveiled a $500 million program to accelerate research and development into artificial intelligence and other emerging technologies. The announcement was made by the Advanced Technology Research Council on the sidelines of the World Governments Summit in Dubai. The inves...
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PIF-backed Dussur, Baker Hughes open chemicals and industrial materials facility in Jubail

  • RIYADH: The Saudi Arabian Industrial Investments Co., known as Dussur, in collaboration with Bakers Hughes, launched an oilfield services and industrial chemicals factory in Jubail on Sunday. The Saudi Petrolite Chemicals factory aims to increase the Kingdom’s supply base of raw materials suc...
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Saudi Arabia commits $2.5m for global cancer treatment advancement 

  • RIYADH: Low- and middle-income countries are set to benefit from increased accessibility to radiotherapy as Saudi Arabia has committed to providing financial support to advance global cancer treatment.  The Saudi Energy Ministry signed a memorandum of understanding with the International...
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