Author: Arabian Media staff
Image: Getty Images Qatari Diar, the real estate arm of Doha’s sovereign wealth fund, will enter into a partnership deal to develop a project on Egypt’s Mediterranean coast with investments worth $29.7bn, a source with direct knowledge told Reuters on Wednesday. The agreement with Egypt’s New Urban Communities Authority includes a payment of $3.5bn for the land and an in-kind investment of $26.2bn to build the project that will cover an area of 4,900 acres along a 7.2 km stretch of coastline. Source link
Image: Supplied Hala, the UAE’s e-hailing taxi service and a joint venture between Careem and Dubai’s Roads and Transport Authority (RTA), has announced its official expansion into Fujairah, marking its entry into a third emirate. The move reinforces Hala’s mission to create a connected, technology-enabled mobility network across the UAE. The expansion is being carried out in partnership with the Fujairah Transport Corporation (FTC) and underscores a shared commitment to advancing safe, affordable, and reliable mobility across the emirate. The collaboration highlights the importance of working closely with local regulators to ensure operational excellence and long-term service success. Combining FTC’s…
Space42, the UAE-based AI-powered SpaceTech company with global reach, has announced two major milestones that reinforce its position as a global leader in advanced satellite communications and Earth observation. The company confirmed the global availability of its next-generation mobile communications satellite, Thuraya-4 (T4-NGS), alongside the successful launch of three new Synthetic Aperture Radar (SAR) satellites—Foresight-3, Foresight-4, and Foresight-5—as part of its expanding Foresight Earth Observation (EO) Constellation. Together, these achievements mark a pivotal step in Space42’s mission to combine connectivity with intelligence, delivering an integrated ecosystem of mobile satellite communications, geospatial insights, and AI-powered data solutions to governments, enterprises, and…
Image: Supplied The Saudi Film Commission (SFC), one of 11 sector-specific bodies under the Saudi Ministry of Culture, has unveiled a cutting-edge virtual production soundstage at JAX Film Studios — the Kingdom’s newest flagship production complex in Riyadh. Designed by Oscar-winning visual effects studio Pixomondo and powered by Sony’s latest VERONA LED technology, the facility represents a major leap in Saudi Arabia’s efforts to build a world-class film production ecosystem. The new custom-built virtual production volume within JAX Studios is now fully operational and equipped to accommodate the most demanding global film and television productions. The stage features: 2,720 Sony…
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Image credit: WhatsApp/Website Meta-owned WhatsApp has announced two major updates aimed at expanding its reach and strengthening user security. The company is introducing an all-new WhatsApp app for Apple Watch, while also making it easier for users to secure their chat backups with passkey encryption. Together, these updates reflect WhatsApp’s broader effort to deliver seamless communication experiences while maintaining strong privacy protections. Read more-WhatsApp rolls out new features for businesses: How to benefit from them In what it calls a “big upgrade for your wrist,” WhatsApp has officially launched its Apple Watch app. The new experience lets users stay connected…
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Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldCompanies across the world are reshaping their US investment plans and reconfiguring their supply chains, as they deal with the impact of Donald Trump’s campaign to shake up the global trading order. Since returning to the White House this year, the US president has announced an array of new tariffs on almost all global trading partners, ratcheting up tensions between Washington and foreign capitals.The moves have pushed the US tariffs on foreign goods to the highest levels since before the…
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Image: Supplied Sharjah National Oil Corporation (SNOC) and Siemens Energy have announced a collaboration with Decahydron, a natural hydrogen and carbon mineralisation company, to explore the feasibility of using natural hydrogen for power generation and other industrial applications in the northern Emirates. The initiative builds on ongoing technical studies conducted by Decahydron and SNOC at an existing exploration well in Sharjah, which aim to assess the Emirate’s natural hydrogen potential. Preliminary findings have been promising, with plans to conduct further drilling in 2026 to collect detailed resource data and measure flow rates. The project will evaluate the direct use of…