The recent announcement of PIF, or Saudi Arabia’s Public Investment Fund, backing a new $5 billion rival to the NBA has sent shockwaves through the sports world. This strategic investment highlights the growing interest of PIF in diversifying its portfolio beyond traditional sectors and signifies a bold step toward transforming the landscape of professional basketball….
The recent awarding of contracts in Saudi Arabia marks a significant milestone in the country’s efforts to bolster its economy, especially in key sectors such as housing, infrastructure, and industry. Government entities have awarded contracts surpassing SAR6.5 billion (approximately $1.7 billion) in January alone, highlighting the commitment to drive economic growth. Notably, the construction sector…
In 2024, Emaar Development achieved unprecedented success by hitting record sales figures following the launch of 62 new projects. This remarkable accomplishment underscores the company’s robust strategy and the favorable market conditions fueling demand for their properties. The diverse offerings, spanning residential, commercial, and mixed-use developments, catered to a wide range of buyers, thereby enhancing…
GCC Power grid The recent agreement between Oman and the Qatar Development Fund marks a significant step forward for the nation’s energy sector. By securing a $100 million loan, Oman aims to enhance its energy infrastructure through integration into the Gulf Cooperation Council (GCC) power grid. This connection will not only bolster the country’s energy…
The recent arrival of DeepSeek has expanded the horizons for AI developers in the Middle East. With its innovative technologies and resources, DeepSeek is paving the way for a new era of artificial intelligence in the region. As AI continues to evolve, developers now have an exciting opportunity to leverage DeepSeek’s tools to enhance their…
The predicament surrounding Iran’s oil exports is becoming increasingly alarming, particularly with $1.75 billion worth of oil currently stuck in China. This situation stems from a complex mix of sanctions, trade policies, and geopolitical tensions, which have resulted in a backlog of Iranian crude that remains unprocessed. The financial implications for Iran’s oil industry, which…
In the modern landscape of artificial intelligence, DeepSeek and ChatGPT represent two powerful paradigms that exhibit technology’s potential for dominance in various sectors. Understanding how these technologies operate can give businesses a strategic advantage as they navigate the complexities of modern challenges. Both platforms utilize advanced algorithms and data processing skills to enhance user interaction…
The International Conference on Agricultural Machinery and Bioresource Engineering (ICAMBE-2025) kicked off at Bangladesh Agricultural University (BAU), marking a significant milestone in the realm of agricultural engineering. The primary aim of this event is to promote the innovation of modern agricultural technology and ensure that such advancements reach the hands of the farmers who need…
The teachings of Abdul Qadir Jilani offer deep insights into Islam that resonate with Muslims around the world today. His life exemplified piety, humility, and a profound connection with the Divine. One of the core principles found in his teachings is the emphasis on the importance of inner spirituality over mere outward rituals. Jilani taught…
In recent years, Bitcoin and other cryptocurrencies have gained significant traction, leading to discussions regarding their Shariah compliance. Central to these discussions is whether such digital assets adhere to Islamic principles, specifically concerning halal (permissible) and haram (forbidden) activities. The Shariah analysis of Bitcoin involves looking at the underlying technology of blockchain and its implications…