HRH Crown Prince Mohammed bin Salman bin Abdulaziz, Chairman of the Council of Economic and Development Affairs and Chairman of the Public Investment Fund (PIF), has inaugurated the infrastructure works and unveiled the master plan for the Rua Al Madinah Project in the area east of the Prophet’s Mosque. The project is being developed and implemented by Rua Al Madinah Holding Company, a PIF company that specializes in development, operation, and real estate investment in Madinah. A part of PIF’s efforts to develop and enable promising sectors, the project is in line with Saudi Arabia’s Vision 2030.

Dubai Chamber of Digital Economy, one of three chambers operating under the umbrella of Dubai Chambers, has announced the formation of the Dubai Digital Assets Business Group (D2A2), which aims to strengthen the digital asset industry’s role in the economic development of the UAE and the wider Middle East region, enhance digital business infrastructure and support the growth of digital companies in Dubai.

GE Gas Power (NYSE: GE) welcomed a delegation from the US Embassy in Kuwait, led by Chargé d'Affaires James Holtsnider, to its GE Kuwait Technology Center (GEKTC). A first-of-its-kind facility in Kuwait, GEKTC serves power sector customers in the country and abroad, and includes centers for training, tooling, and research & development (R&D).

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