Author: UPPERNEWS TEAM (UPPERNEWS TEAM)

Saudi Arabia Approves Starlink for Aviation and Maritime Use
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Saudi Arabia Approves Starlink for Aviation and Maritime Use

Elon Musk, the billionaire tech entrepreneur and CEO of SpaceX, announced on Tuesday that Saudi Arabia has approved the use of his satellite internet service, Starlink, for aviation and maritime sectors. He expressed gratitude to the Kingdom for this approval during the Saudi-US Investment Forum, which coincided with a visit led by the White House....

UAE’s FoodTech Challenge Announces 42 Semifinalists Focused on Transforming Global Food Systems
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UAE’s FoodTech Challenge Announces 42 Semifinalists Focused on Transforming Global Food Systems

The FoodTech Challenge (FTC) has announced 42 innovative early-stage startups as semifinalists for their technology-driven solutions aimed at transforming global food systems. This year’s competition is organized by the International Affairs Office at the UAE Presidential Court and Tamkeen, in partnership with the Gates Foundation, ne’ma (the UAE’s Food Loss and Waste Initiative), and Silal,...

Woodside Energy and Saudi Aramco Explore Potential Stake in Louisiana LNG Project
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Woodside Energy and Saudi Aramco Explore Potential Stake in Louisiana LNG Project

Australia’s Woodside Energy announced on Wednesday that it is exploring opportunities for collaboration with Saudi Aramco, which may acquire a stake in its $17.5 billion liquefied natural gas (LNG) project in Louisiana. Following the announcement, shares in Woodside, the country’s top gas producer, surged nearly 4%. The agreement could also enable Aramco to secure LNG...

Uber to Introduce Self-Driving Vehicles in Saudi Arabia This Year
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Uber to Introduce Self-Driving Vehicles in Saudi Arabia This Year

Uber CEO Dara Khosrowshahi announced on Tuesday that the company plans to launch self-driving vehicles in Saudi Arabia this year. He indicated that Uber is in discussions with partners in the autonomous driving sector and several ministries in the Kingdom to bring this technology to the local market. During a panel discussion at the Saudi-US...

Philippines and UAE Sign First Bilateral Security Agreement to Combat Transnational Crimes
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Philippines and UAE Sign First Bilateral Security Agreement to Combat Transnational Crimes

The Philippines and the United Arab Emirates (UAE) have formalized their first bilateral security agreement aimed at combating transnational crimes. This significant agreement was announced by the Department of the Interior and Local Government (DILG) on Tuesday. During a high-level meeting in Abu Dhabi last week, Interior Secretary Jonvic Remulla and UAE’s Deputy Prime Minister...

Hassana and Franklin Templeton Sign $150 Million MoU to Enhance Saudi Private Credit Market
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Hassana and Franklin Templeton Sign $150 Million MoU to Enhance Saudi Private Credit Market

Hassana Investment Company has signed a Memorandum of Understanding (MoU) with Franklin Templeton, amounting to $150 million, aimed at boosting the private credit market in Saudi Arabia. This agreement is particularly significant as it seeks to expand access to alternative financing for mid-sized companies, which constitute almost half of the country’s employment yet receive less...

UAE President Reviews Youth Empowerment Initiatives
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UAE President Reviews Youth Empowerment Initiatives

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has reviewed the latest initiatives and flagship programs launched by the Federal Youth Authority, which are designed to support young Emirati talent. This review occurred during a meeting with a delegation from the Authority, alongside members of local youth councils and the Emirates Youth Council. During...