Recent Posts

Saudi Arabia, Pakistan to bolster economic, trade ties

JEDDAH / WAM Saudi Arabia and Pakistan have underscored the importance of expanding and intensifying aspects of bilateral cooperation and coordination and enhancing them in various fields. This came during a meeting between His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defense, and Prime Minister of Pakistan Imran Khan, ...

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Oil gains on expectations for stronger summer demand

Bloomberg Oil posted a gain this week as expectations for growing economic activity in nations from the US to Europe fueled optimism around stronger summer demand. Futures in New York advanced 2.1% this week in the first back-to-back weekly increase since early March. Fuel sales in the UK rise to the highest since the pandemic again, and in the US, ...

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Moro Hub, Huawei to build solar-powered data centre

Dubai / WAM Moro Hub (Data Hub Integrated Solutions LLC), a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (Dewa), has signed an agreement with Huawei to build the largest solar-powered Uptime TIER III-Certified Data Centre in the Middle East and Africa at the Mohammed bin Rashid Al Maktoum Solar Park. The new sustainable, carbon-neutral ...

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