Dubai: Diehard fans of Apple products often go into a frenzy when a new product from the tech giant hits shelves. The 4am queues in front of Apple showrooms, in the UAE and globally, when a new iPhone hit the shelves is proof of the brand’s massive popularity. But how many people remember the first … Read more
Gender equality and digital development are inextricably linked. Yet globally, men are 21 per cent more likely to be online than women, a figure that rises to 52 per cent in low-income countries. The Web Foundation estimates that barriers that keep women and girls offline, high device and data costs, lower digital skills, and restrictive … Read more
RIYADH: Sanabil Investments, wholly owned by the Public Investment Fund, and 500 Global, a leading global venture capital firm has unveiled 11 startups in the second batch of the Sanabil 500 MENA Seed Accelerator Programme 2021, Arab News reported. Female founders lead a third of the batch, signaling 500 Global’s commitment to continue supporting diversity. The program … Read more
RIYADH: Saudi Arabia’s holdings of US Treasuries fell to the lowest level in about four years in October, Arab News reported. The kingdom’s stocks of US government debt fell by $8 billion, the most in a year, to $116.5 billion, the lowest level in four years, according to US Treasury Department data. Saudi Arabia was the biggest … Read more
BEIJING: Pakistan is one of the most exciting technology ecosystems globally right now, attracting more capital at a faster pace than many other emerging markets. This was stated by Ben Harburg, managing partner of MSA Capital, while addressing a seminar titled “China-Pakistan: The Way Forward” hosted by the Center for China and Globalisation (CCG), a … Read more
RIYADH: The Opec+ group is likely to take a cautious stance when deciding next week whether to go ahead with the planned production increases; following the discovery of a new Covid-19 variant, Arab News quoted Geneva-based oil trader Vitol Group, as saying. The new variant, named Omicron, has rattled the oil market globally, pushing prices down to … Read more
RIYADH: Spending on international travel is set to rise by 9.3 per cent in 2021 and by a massive 93.8 per cent in 2022, Arab News quoted a new report forecast. The positive projections follow the slump the sector experienced last year – a 69.4 per cent decline in 2020, according to the World Travel and Tourism … Read more
