Intel to Invest US $ 7 B in New Plant in Malaysia
Intel Corp will invest more than $7 billion to build a new chip-packaging and testing factory in Malaysia. Expanding production in the country following a global shortage of semiconductors.The new advanced packaging facility in Malaysia is expected to begin production in 2024 and create more than 90
Bank of England Raises Interest Rate to 0.25%
The Bank of England raised its main interest rate to 0.25% on Thursday as inflation pressures mounted in Britain.Most economists polled by Reuters had expected the BoE to keep Bank Rate at 0.1% due to a new surge in coronavirus cases.
Intercontinental Jordan Wins at Horeca 2021
InterContinental Jordan has participated in Horeca 2021, which resumed after a one year forced break due to the Covid-19 pandemic. The globally renowned hospitality event and exhibition brought together all hotels and brands passionate about hospitality and excellent guest experience. During the eve
A Unique Campaign for Private Motors by Vision Insurance
Vision Insurance recently launched an attractive Motor Third Party Insurance campaign for private vehicles under the slogan of: “More than Third Party insurance!”. The campaign is an initiative to show the company’s commitment toward the corporate social responsibility programs in
CBD the First to Establish a Digital Lab at the DIFC Innovation Hub
Commercial Bank of Dubai, one of the leading banks in the UAE, announced the opening of its Digital Lab at the Dubai International Financial Centre (DIFC) Innovation Hub, the region’s largest innovation ecosystem. The CBD Digital Lab was inaugurated by CBD Chairman, H.E. Humaid Alqutami, CBD Vice
Elon Musk named Time’s 2021 Person of the Year
Elon Musk has been named Time magazine’s “Person of the Year,” capping a run during which he solidified his standing as the world’s richest person and turned Tesla into a $1 trillion company. “Few individuals have had more influence than Musk on life on Earth, and potentially life off Eart
Apple Closes in on US $ 3 Trillion Market Value
Apple’s market value hovered just shy of the $3 trillion mark on Monday, following a stunning run over the past decade that has turned it into the world’s most valuable company.The company’s shares fell just over 2% on Monday to close at $175.74, reversing earlier gains that saw them appro
Bank Muscat wins Bank of the Year award from The Banker
Bank Muscat, the leading financial services provider in the Sultanate of Oman, has won the Bank of the Year (Oman) award from The Banker. The award was presented to the bank after a thorough evaluation by the judges based on a number of different criteria including the product mix, financial perform