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US Blockades Iranian Ports After Islamabad Peace Talks Fail
The US military will blockade Iranian ports on Monday following failed peace talks. The blockade begins at 10:00 ET despite a temporary ceasefire. President Donald Trump ordered the action after weekend negotiations completely collapsed in
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US-Iran Ceasefire Talks Collapse As Trump Threatens Hormuz Blockade
US Vice President JD Vance left Pakistan on Sunday. Marathon ceasefire talks with Iran ended without an agreement. Negotiators debated for 21 hours in Islamabad. Vance said Iran refused American terms. He stated Iran must abandon its nuclear
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TotalEnergies and Masdar to form $2.2 billion Joint Venture to Accelerate Renewable Energy Growth in Asia
TotalEnergies, a global integrated multi‑energy company, and Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, have signed a binding agreement to establish a $2.2bn 50/50 joint venture (JV) that will merge their
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Saudi Fund for Development inaugurated new infrastructure projects in Djibouti worth US$ 137 million
The Saudi Fund for Development (SFD) has inaugurated two new development projects in the water and housing sector and laid the foundation stone for a
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Tiger Group Online Auction Features Wide Variety of Gear From Pacific Theatres
Tiger Group is liquidating equipment from well-known U.S. movie chain Pacific Theatres in an online auction that is expected to be of tremendous
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Resort, hotels and plots of land up for grabs in the awaited Jewels of Madina public auction
Real estate investors are eagerly waiting to grab the five real estate opportunities up for sale in Al Madina and Yanbu, at the Jewels of Al Madina
Read MoreAustralia-based Avass Group signs MoU with HRH Prince of Saudi Arabia to manufacture electric vehicles, lithium batteries
Australia-based Avass Group recently announced that they have signed an agreement with Saudi Arabia to jointly manufacture electric vehicles and lithium batteries. The Group have endorsed a Memorandum of Understanding (MoU) with HRH Prince
Read MoreEvent is One Stop on Mideast Tour to Establish Raiven Capital in the Region
Raiven Capital, a global early-stage technology venture fund, arrived in Riyadh to judge a $600,000 startup competition for LEAP, a 61,000 attendee, three-day tech conference that begins today. The inaugural conference involves more than 400
Read MoreSaudi Aramco, Cognite’s long-time digitalization partner in the Middle East, acquired a 7.4% stake in Cognite
Cognite, a global leader in industrial software innovation, announces today that Saudi Aramco, via its subsidiary Aramco Overseas Company B.V., has invested in Cognite by purchasing 100% of Aker BP's shares in the company. “Cognite has
Read MoreTime's 2021 Person of the Year is Elon Musk
Elon Musk has been declared "Person of the Year" by Time for the year 2021. Describing Elon Musk, Time magazine said: "The richest man in the world does not own a house and has recently been selling off his fortune". "He
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