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Las Vegas’s Wynn announces UAE resort with gaming facilities
Las Vegas hotel operator Wynn Resorts has announced plans to open a multi-billion-dollar resort in Ras Al-Khaimah, the UAE, in 2026.
The huge complex will have 1,000 rooms, at least 10 restaurants and a convention center on the man-made…
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Lamborghini dedicates $1.7bn in move to electric models
Italian luxury sports cars and SUVs manufacturer, Lamborghini has devoted 1.5 billion euros ($1.7 billion) to shift its lineup from pure combustion vehicles to plug-in hybrids as of 2023, Bloomberg reported.
The sports car manufacturer…
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Oil prices rise on supply fears amid tensions in Eastern Europe, Middle East
Oil prices rose on Monday on worries about supply disruption amid rising tensions in Eastern Europe and the Middle East, which could make an already tight market even tighter, while OPEC and its allies continued to struggle to raise output.…
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“Amazon” opens its first “non-virtual” clothing store… with highly…
Today, Thursday, the American company "Amazon" announced the opening of its first-ever real clothing store, which carries a high-tech shopping experience.
The store is called "Amazon Style", and it won't force customers to manually search…
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Microsoft acquires a video game company for about $ 70 billion in a deal that is the most expensive
The American technology giant Microsoft announced today, Tuesday, its intention to acquire the video game company, Activision Blizzard, for $ 68.7 billion, in a deal that is the most expensive of its kind in this sector.
Microsoft's bid,…
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Gulf electricity interconnection project saves members $3bn
Gulf countries have saved $3 billion since the establishment of the Gulf Cooperation Council Interconnection Authority in 2019, it said.
Savings have come from a reduced need for new generation plants, thus lower operating and…
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Lebanon’s 2022 draft budget forecasts 20.8% deficit amid financial crisis
Lebanon’s debt-ridden government expects a 20.8 percent deficit for the coming year, according to a draft budget released on Jan 21.
The plan, seen by Reuters, will see ministers put forward a long-term treasury advance to Electricité du…
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Twitter offers NFT profile pics; Bitcoin falls below $40,000
Twitter’s premium users can display non-fungible tokens in new hexagonal profile pictures, as the social media giant embraces the growing craze of digital collectibles known as NFTs.
Currently, the feature is only available to Twitter…
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World’s first hydrogen tanker to ship test cargo to Japan from Australia
A Japanese-Australian venture producing hydrogen from brown coal is set to start loading its maiden cargo on the world’s first liquid hydrogen carrier on Friday, in a test delayed by nearly a year because of the COVID-19 pandemic.
The…
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Singapore suspends crypto ATMs despite investor appetite: Crypto Moves
Bitcoin, the leading cryptocurrency internationally, traded lower on Wednesday, falling by 0.46 percent to $41,515 at 12:07 p.m. Riyadh time.
Ether, the second most traded cryptocurrency, was priced at $3,074, down by 2.60 percent,…
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