PIF Backs $5bn NBA Rival Basketball League

PIF Backs $5bn NBA Rival Basketball League

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….

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Saudi Arabia Awards Almost $2bn of Contracts in January

Saudi Arabia Awards Almost $2bn of Contracts in January

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…

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Emaar Hits Record Sales in 2024 After Launch of 62 Projects

Emaar Hits Record Sales in 2024 After Launch of 62 Projects

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…

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Oman Secures $100m Loan to Join GCC Power Grid

Oman Secures $100m Loan to Join GCC Power Grid

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…

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Iran in Trouble Over $1.75 Billion Worth of Oil Stuck in China

Iran in Trouble Over $1.75 Billion Worth of Oil Stuck in China

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…

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DeepSeek vs. ChatGPT: When Technology is a Tool for Dominance

DeepSeek vs. ChatGPT: When Technology is a Tool for Dominance

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…

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International Agricultural Engineering Conference and Technology Fair begins at Bangladesh Agricultural University

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…

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