After positive trial data from Pfizer and BioNTech on Vaccine, US banks are in line for windfall that widened the gap between long and short-term bond yields. Apart from big pharma, US banks are also reaping a windfall due to the news on the COVID-19 vaccine. Pfizer and BioNtech’s promise on releasing vaccine has not […]
After receiving amazing results in a large patient trial, Pfizer and BioNTech has partnered together to supply the Coronavirus vaccine, Europe and the USA are first in line to get the Experimental Coronavirus Vaccine. The vaccine supply for the European Union would be produced by BioNTech’s manufacturing site in Germany and Pfizer’s manufacturing site in […]
Crude oil prices increased rapidly on Monday on hopes of vaccine against COVID-19 and joint actions by OPEC+ allies to keep grip on supply of oil. The global bench mark Brent Crude oil price hopped 9 percent to more than $43 a barrel and the stock market around the world hop in middle of an […]
Microsoft has announced a partnership with Adobe Inc and a Private startup C3.ai to provide customer relationship management (CRM) software solutions utilizing Artificial Intelligence (AI). Microsoft is taking on CRM market leader Salesforce.com via a partnership with Adobe and AI startup C3.ai. Tom Siebel, CRM pioneer founder of Siebel Systems, is the CEO of C3.ai. […]
Alpha Vector is looking forward to sell its bikes in overseas market with e-bicycle segment by 2025. Alpha Vector entered the e-bicycle segment in the last week in the country with its Meraki brand launch. In India, e-bicycle segment accounts only 2-3 percent of its total bicycle market. According to Alpha Vector, both domestic and […]
Johnson Controls the global leader for smart and sustainable buildings announces the launch of a new flexible service suite to its customers in Middle East and Africa. The new flexible service has more than twenty customizable options, to serve the rising remote building management needs in Middle East and Africa. OpenBlue digital technology which will […]
South Africa is to set about an ambitious economic reform agenda that has similarities with Saudi Arabia’s efforts to stimulate investments. South Africa President Cyril Ramaphosa last month revealed a plan that aims in helping the country recover from corona’s impact. This plan includes fast tracking projects and boost infrastructure spending. Like Saudi Arabia, South […]
Joe Biden, Democratic presidential candidate, expressed confidence that he will win the election. Joe Biden has enough states to win the election and reach the magic number of 270 electoral votes. Joe Biden expressed this statement when he was projected to win critical battleground states of Michigan and Wisconsin. Joe Biden holds low leads in […]
Plastic pipe manufacturer Wavin has launched stormForce – a single-source solution to stormwater management. Wavin will handle the entire design, installation and supply of stormwater tanks and their associated infrastructure, from capture and attenuation to dispersal. The company Wavin aims to increase efficiencies, simplify project management and minimize risk for developers, contractors and civil engineers […]
As Europe is again stumbling under a huge spike in number of Coronavirus infections, European countries France, Germany and UK goes under lockdown. Now, with a huge spike in COVID positive numbers, 2020 is definitely turning out to be disappointing for both travelers as well as the industry stakeholders. The number of Coronavirus infections has […]
Wusool, a program for women, in the Kingdom to benefit more working women in their transportation has been updated. It is to help Saudi Arabia women in the private sector with transport cost. Wusool is backed by Saudi Human Resources Development Fund with the aim to cut cost of transportation for working women on their […]
Sweden and Finland are working jointly to develop and design a new generation of Icebreakers. The motive of the project is to select the design of a new vessel that will meet the challenges of the shipping industry while also responding to environmental concerns. The design project, which is valued around $3.5 and $4.5 million, […]
Women participation in workforce and Saudi economy, and having women in leader position in one of the key objective of Kingdom’s Vision 2030 reform strategy. Saudi Industrial Development Fund, SIDF has made promoting women to senior positions and achieving gender parity a top priority. Among Saudi government entities, SIDF has boosted proportion of Women staff […]
Denmark has got the approval from European Energy (EE) to develop a large solar field with a capacity of 300MW. The municipality of Aabernraa, Southern Jutland region will get the largest solar field in Northern Europe. European energy has announced US$158 million to develop the solar field. The solar Field is to be installed in […]
King Abdullah University of Science and Technology, KAUST has announced Saudi Arabia’s first university engagement program. This program is specifically to improve and develop small and medium-sized enterprises, SMEs in the Kingdom. It is designed to provide access to KAUST ecosystem. KAUST SMEs innovation services help SMEs to make their customer base strong and increase […]
