Author: Arabian Media staff
Image: Supplied US President Donald Trump’s official visit to Saudi Arabia has ended, but the most significant work is just getting started. Tucked within a sweeping $600bn package of deals was a lesser-discussed but an essential and strategic agreement: a memorandum of cooperation between the US Department of Energy and Saudi Arabia’s Ministry of Industry and Mineral Resources to collaborate on mining and critical minerals. It’s an important move — one that acknowledges a basic reality: the US cannot meet its mineral needs from domestic sources alone. In a world where China controls over 75 per cent of global mineral…
The initiative is part of a strategic partnership between the two entities designed to empower women in the retail sector, both locally and internationally. The partnership, which commenced a year ago, has successfully launched 18 homegrown brands to date in three batches, offering Emirati women entrepreneurs a platform to enter the competitive retail space. Showcasing their unique products at the ETHER store in Yas Mall, Abu Dhabi, helps these entrepreneurs to reach broader audiences and cement their presence in key commercial markets across the UAE, the Council said. Nema F. Al Aghbari, Marketing & Membership Manager at the Abu Dhabi…
Food is not just a commodity; it’s also a pillar of national security. Source link
Image: Getty Images Qualcomm Technologies announced plans to launch a global engineering centre in Abu Dhabi focused on advanced technology development, with a particular emphasis on artificial intelligence (AI), industrial internet of things (IoT), and data center solutions. The new Qualcomm Engineering Center will become a key part of the company’s global network of engineering hubs, supporting the development of high-performance connectivity and power-efficient computing. The facility is expected to address rising local and international demand for intelligent, scalable technology solutions. The Abu Dhabi center will also collaborate with regional and global companies to support strategic initiatives in the UAE.…
LinkedIn has announced the best new companies in Saudi Arabia in its annual Top Startups list. The ranking lists the top 10 new companies based in Saudi Arabia that have established themselves as workplaces that attract top talent. As Saudi Arabia tops venture capital funding in the MENA region with SR1.5bn ($399m) deployed in the first half of 2024, the startups featured in this list are keeping pace, making an impact in their respective industries and exhibiting innovation that propelled their growth trajectory. Top 10 Saudi startups LinkedIn’s Top Startups list is published annually and is designed to be a…
The chipmaker wants to attract top AI talent in China as it faces tightening U.S. restrictions and challenges from homegrown chipmakers Source link
If retirement feels out of reach for you, you’re not alone. Recent surveys show that 68% of Americans aren’t sure they’ll ever be able to retire, and 79% of Americans say the country is facing a retirement crisis. A majority of Americans say today’s financial environment makes long-term planning feel out of reach, as economic uncertainty reigns. Unfortunately, these fears reflect reality. Nearly 27% of people ages 65 to 74 were still in the workforce in 2023, up from 21.4% in 2003. That participation rate is expected to grow to 30.4% by 2033. In fact, people ages 75 and older…
Green Vision Consultants, a Dubai-based design and environmental consulting firm, has reported a tenfold increase in revenue since its founding in 2020, crediting support from the Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME) as a key driver of its rapid expansion. “Establishing our company in Dubai has been a quick and easy process, thanks to the support and guidance provided by the Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME). A key incentive offered to our business was financial support, which played a crucial role in streamlining business procedures and driving…
Retirement may be a time to relax and enjoy life without job commitments. However, it’s not the time to put your investments on auto-pilot. You’ll want to stay on top of your investment strategy to ensure you don’t run out of money in retirement. Key Takeaways Staying invested in the market during retirement can help you generate income, grow your wealth, preserve capital, and manage risk.Investing in index funds can be smart during retirement; active trading may be too risky.Rebalance your retirement portfolio at least once a year to keep your investments aligned with your financial goals. Define Your Retirement…
The US data and intelligence platform said the Middle East and North Africa (MENA) startup scene saw a total of $328.3m raised across 60 startups in September 2024. The funding was secured through investments from 36 different investors, signalling growing confidence in the region’s innovative ventures and entrepreneurial talent. Saudi and UAE lead September startup funding Saudi Arabia led the way, attracting $165.34m in funding that comprises more than half of the total capital raised across 13 startups in MENA. This surge in investment reflects the Kingdom’s ongoing efforts to diversify its economy under its Vision 2030 strategy, which prioritises…