The UAE (United Arab Emirates) Hope mission has sent its first image of Mars , the spacecraft entered in to an orbit around the Mars previous week making the UAE the first Arab nation in history to have a scientific presence in Mars. The probe was put in a wide orbit so it could study […]
The British multinational investment bank and financial services HSBC has reportedly rolled out virtual debit cards for UAE (United Arab Emirates) companies in a recent development that is considered to be a first in the Middle East banking sector. This banking sector development reinforces its commitment to pioneering digital enhancements to meet the raising demand […]
Roche, The Swiss multinational healthcare company produces arthritis drug named tocilizumab which cuts the risk of death among patients hospitalised with severe COVID-19 , It also shortens the recovery time and reduces the need for mechanical ventilation. Since March 2020 there has been a range of potential treatments for COVID-19, which could possibly clear up […]
The maritime Southeast Asian country Singapore, without the support measures by the government to squab the huge blow of COVID-19 pandemic, the economy would probably have contracted by twice. According to Ministry of Finance (MOF) The assessment of key COVID-19 budget measures found that the economy of Singapore could have depreciated by 12.4 per cent […]
Taiwan’s largest telecommunication service provider Chunghwa telecom and the cloud gaming solution Gamestream teams up together to launch iOS cloud gaming app. Chunghwa Telecom’s Hami iOS mobile gaming app is powered and developed by Gamestream, a leading B2B cloud gaming Technology Company headquartered in France. The company Chunghwa Telecom recently submitted the Hami 5G iOS app for an […]
The Saudi Arabian public petroleum and natural gas company Saudi Aramco plans for a finance package up to $10 billion that it could offer buyers of its pipeline business unit as the company seeks to extract value from its assets in an era of lower oil prices. The company is in talks with banks to […]
The German multinational investment bank and financial services company Deutsche bank , Sways to its small annual profit in the year 2020 since 2014, after the gains from its Investment banking division. The largest lender of Germany posted a full-year net profit of 113 million euros which is equivalent to $135.7 million, the analysts had […]
The government of Denmark has approved a plan to build the world’s first artificial energy island in the middle of North Sea which will be capable of producing and storing enough green energy to cover the electricity needs of three million European households. The artificial island will initially have an area of 120,000 sq meters […]
Banks in Europe exposed to small- and medium-sized businesses constitutes a major challenge when applying for a new European Union classification system on climate-friendly investments due to insufficient data. The report compiled by United Nations Environment Programme Finance Initiative and European Banking Federation studied the system’s impact on Twenty six of Europe’s largest banks. Checking […]
Bank Nizwa, One among Oman’s leading Islamic bank has profitably achieved its set targets of its maiden 5 year plan (2016-2020) and is now set on a new growth path. Since launching its operations in January 2013, the bank now provides a full range of banking solutions to individuals, small and medium size enterprises, corporations […]
The British multinational telecommunications company Vodafone and the Finnish electronics company Nokia has set a record of 100 gigabit per second (Gb/s) with passive optical network (PON) technology delivering network that is 10 times faster than any available network in a single wavelength. Bell Labs, Nokia’s renowned subsidiary has provided innovations for the trial, including […]
Jeff Bezos, The founder of e-commerce giant Amazon is to step down as Chief Executive Officer as the company reported its third consecutive record profit and quarterly sales of $100 billion for the first time. Brian Olsavsky, the cheif financial officer of Amazon said Jeff is not leaving he will become executive chairman, so that […]
