Boston: Tesla and SpaceXÂ CEO Elon Musk is now the third-richest person in the world. Musk passed Facebook Inc. co-founder Mark Zuckerberg Monday as shares of Tesla Inc. continued their unrelenting rally after undergoing a forward stock split. Musk is now worth $115.4 billion compared with $110.8 billion for Zuckerberg, according to the Bloomberg Billionaires Index. […]
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Sohar Ports and Freezone has recently announced impressive second quarter results, despite the impact of the pandemic. The Omani port handled a …
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The announcement came after suspected cases of Covid-19 virus were found among the employees who were examined.
US floats idea of early approval for eventual vaccine WASHINGTON: The head of the US Food and Drug Administration (FDA) raised the possibility in an interview published Sunday that a future vaccine against the coronavirus might be given emergency approval before the end of trials designed to ensure its safety and effectiveness. A request for […]
Saudi Arabia has delayed its annual Future Investment Initiative conference, which in the past has hosted corporate titans including Jamie Dimon and Larry Fink, because of the coronavirus. The event, hosted by the kingdom’s sovereign wealth fund and dubbed Davos in the Desert by participants due to the presence of world leaders and captains of […]
Abu Dhabi: Abu Dhabi Investment Office (ADIO) and Invest in Israel have opened to set out a plan for formal cooperation, with particular focus on innovation and technology. “As a leading centre for R&D in the region, home to a thriving tech industry and the Middle East’s first Advanced Technology Research Council, Abu Dhabi is […]