• Global football stars choose Red Sea destination for holiday

    TABUK, SAUDI ARABIA – A few days ago, the Red Sea destination hosted several international football stars from Saudi Pro League teams. Accompanied by their families, the players stayed in the resorts of this distinguished destination, indulging in its charming turquoise waters and vast desert dunes. They also engaged in...
  • Attack on Gaza’s Rafah inevitable, says Israeli PM

    Israeli Prime Minister Benjamin Netanyahu vowed to send ground forces into Gaza's southern Rafah city. The right-wing premier, whose security and war cabinets were also due to discuss latest international efforts towards a truce deal, stressed that "no amount of international pressure will stop us from realizing all the goals...
  • Saudi king calls for end to ‘heinous crimes’ in Gaza

    In his Ramadan message, King Salman while giving thanks for the blessings bestowed upon the kingdom said the war in Gaza would cast a shadow during the holy month. He said "our hearts are heavy with sorrow for the ongoing suffering of our Palestinian brothers facing relentless aggression."
  • Passenger traffic could exceed earlier figures, says Dubai Airports’ CEO

    DUBAI, UAE – The airport here has "every chance" of breaking its record for passenger traffic this year after surpassing pre-pandemic levels in 2023, Dubai Airports' CEO told AFP on Monday. Dubai International, the world's busiest airport for international passengers for nearly a decade, hit 87 million visits in 2023, beating...
  • DMCC witnesses 10 percent rise in US companies in 2023

    DUBAI, UAE – DMCC successfully concluded its most recent Made for Trade Live tour of the US, hosting events in New York, Brooklyn and Washington DC as it continues to build on growing bilateral trade and investments between the two countries. In 2023, DMCC saw a rise of over 10...
  • Saudi Arabia signs MoUs with four countries for development in mining industry

    RIYADH, SAUDI ARABIA – The Ministry of Industry and Mineral Resources has signed four Memorandums of Understanding (MoUs) with the Democratic Republic of Congo (DRC), Egypt, Morocco, and Russia. One of the aims of these MoUs is to foster international cooperation in minerals between Saudi Arabia and these countries. According...
  • Global air travel reaches 99% of 2019 levels: IATA

    IATA’s Director-General Willie Walsh said that international travel is 5.5% below pre-pandemic levels, but that gap is narrowing fast. "And domestic markets have been above their pre-pandemic levels continuously since April." According to Walsh, international travel is moving ever closer to surpassing the 2019 peak year.
  • Iran slams UN for its failure to stop Israel-Hamas war in Gaza

    Iranian President Ebrahim Raisi slammed the "inefficacy" of international bodies to halt fighting between Israel and Palestinian group Hamas which has ravaged the Gaza Strip. Raisi's remarks came a day after the United Nations Security Council approved a much-delayed resolution demanding aid be allowed into the besieged Hamas-run territory "at...
  • Dubai to host corporate governance experts at ICGN-Hawkamah Conference

    Dubai, UAE--Dubai will host a gathering of international corporate governance experts at the upcoming ICGN-Hawkamah Conference, themed 'Capital, Companies, and COP28.' Taking place over two days starting November 28th at the Dusit Thani Hotel, the conference will serve as a prominent platform for governance leaders, experts, and industry luminaries to...
  • Bahrain EDB attracts $295m in IT sector as part of total investments worth $1.4bn

    Manama, Bahrain--Bahrain Economic Development Board (Bahrain EDB) has attracted $295 million in direct investments within the Information and Communications Technology (ICT) sector as part of a total projected direct investment worth $1.4 billion, during the first nine months of 2023. Stemming from 14 local and international projects, the direct investments...
  • UAE to launch digital-response platform to aid disaster-hit countries

    New York, US--The UAE has announced the launch of a new digital response platform that will support disaster-affected countries to quickly and efficiently communicate their humanitarian needs to the international community.The UAE made the announcement during a United Nations Security Council open debate titled “Maintenance of international peace and security:...
  • RAKEZ witnesses 35 percent growth in holding company registrations

    RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) reported a remarkable surge in the registration of holding companies since introducing this company structure in 2020. The consistent rise in registrations highlights the growing appeal of this innovative investment vehicle, as the total number of holding companies rose...
  • Saudia raises seat capacity by 10%

    The number of domestic, international flights will rise.
  • Over 6,500 arrests after cracking crime chat network, says Europol

    PARIS, FRANCE -  More than 6,500 people have been arrested following the 2020 dismantling of EncroChat, an encrypted communications tool used by organized crime, Europol said on Tuesday. Close to 200 of the arrests were of "high-value targets", said the organization that assists EU members in international investigations, adding that nearly...
  • Oman seizes 6 million captagon pills, arrests members of smuggling network

    MUSCAT, OMAN - Oman announced the seizure of over six million captagon pills during a bust aided by Saudi Arabia that resulted in the arrest of a smuggling network. "In cooperation with Saudi authorities", police in the sultanate tracked and ambushed an "international network that was smuggling large quantities of drugs...
  • FANR highlights cybersecurity framework of Barakah nuclear plant in meeting

    VIENNA, AUSTRIA - The Federal Authority for Nuclear Regulation (FANR) is taking part in an international conference organized by the International Atomic Energy Agency (IAEA) here. In the five-day event, which will conclude on Friday, over 500 participants from 94 countries and seven international organizations are gathering to discuss effective...
  • Arada’s US$500m Sukuk lists in Nasdaq Dubai

    DUBAI, UAE -  Arada's US$500 million Sukuk was listed in Nasdaq Dubai. The Sukuk is the first issuance by Arada on the region’s international financial exchange, further solidifying Dubai’s position as one of the largest Sukuk listing venues globally, with a total value of US$77 billion. To celebrate the successful...
  • Dubai International Chamber opens Europe’s first representative office in UK

    DUBAI, UAE - Dubai International Chamber (DIC), one of the three chambers operating under Dubai Chambers, inaugurated on Friday a new international representative office in London, UK. The launch of the new office, which is DIC’s first representative office in Europe and 20th globally, marks a significant step in the...
  • Saudi Arabia announces international conference on Sudan aid

    Saudi Arabia announced that it would jointly lead a conference on the humanitarian response to the war in Sudan next week. The pledging conference will be held on June 19, the official Saudi Press Agency said, citing the foreign ministry, adding it would be jointly led with Qatar, Egypt, Germany,...
  • France issues arrest warrant for Lebanese central bank chief

    A French investigating magistrate issued an international arrest warrant for Lebanon's central bank chief Riad Salameh, a source close to the case said. Salameh earlier failed to appear for questioning by French investigators who want to know how he amassed sizeable assets across Europe, his lawyer said.
  • Masdar, IRENA ink pact on tripling global renewable energy capacity by 2030

    ABU DHABI, UAE - Masdar has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a major international knowledge project setting out the means to triple global renewable energy capacity by 2030. During the UAE Climate Tech Forum in Abu Dhabi, Mohamed Jameel Al Ramahi, CEO...
  • 7 killed in Israeli strikes on Syria; Aleppo airport damaged

    Israeli strikes on north Syria's Aleppo province killed four Syrian officers and three Iran-backed fighters, putting the area's international airport out of service, a war monitor reported. In over a decade of war in Syria, Israel has launched hundreds of air strikes on its territory, targeting Iran-backed forces, Lebanese Hezbollah...
  • SCCA’s revised arbitration rules come into effect in Saudi Arabia

    Riyadh, Saudi Arabia-- The Saudi Center for Commercial Arbitration (SCCA) has published the 2023 revised SCCA arbitration rules with effect from May 1. The final text was endorsed after extensive review by the SCCA’s board of directors. The SCCA, in a statement, said the new rules will apply to all...
  • American Q1 profit at $10m

    The airline's revenues were $12.2 billion, up 37 percent.
  • World food prices fall for 12 consecutive months, says UN

    World food prices are still high but have fallen by a fifth compared to a year ago when prices soared to a monthly record high after Russia invaded agricultural powerhouse Ukraine, UN data showed. Prices have fallen 20.5 percent since March 2022 after a 12th straight monthly drop, the Food...
  • WTO sees 2023 global trade growth at 1.7 percent

    The World Trade Organization said 2023 global trade growth would be slightly better than feared, but would remain "subpar", weighed down by the Ukraine war and stubbornly high inflation. Presenting their annual trade forecast, WTO economists said they expected to see the volume of global merchandise trade slow to 1.7...
  • Accountability in Libya needed as war crimes probe ends, says UN

    The UN rights chief called for Libyan authorities and the international community to step up accountability efforts in the conflict-ravaged country, as a probe into war crimes wrapped up. "Libyan authorities, armed groups, smugglers and human traffickers should not assume that the eyes of the international community have now left...
  • Algeria dismantles Syria-Europe international trafficking network

    In a crackdown on organized crime, Algeria has dismantled an international network specializing in trafficking people through Algeria to Europe, according to local media reports. The agency tasked with fighting crime arrested nine Syrians and six Algerians suspected of belonging to the group which trafficked Syrians and Lebanese.
  • Reform of multilateral financial institutions must for climate action, says Dr Al Jaber

    PARIS, FRANCE  -  COP28 President-Designate Dr. Sultan Al Jaber met French President Emmanuel Macron and outlined his vision on the need to reform multilateral financial institutions to unlock capital for clean technologies and adaptation efforts. During his meeting with Macron, Dr. Al Jaber emphasized the need for ambitious reforms across...
  • Al-Jarman heads UAE delegation to 52nd session of Human Rights meet in Geneva

    GENEVA, SWITZERLAND -  The United Arab Emirates is participating in the 52nd session of the Human Rights Council in Geneva, Switzerland  which started Monday and will continue until April 4. The head of the UAE delegation Ahmed Abdul Rahman Al-Jarman, Permanent Representative of the UAE to the United Nations and...
  • Mawani sanctions five new services, links up 43 international ports

    Riyadh, Saudi Arabia--The Saudi Ports Authority, also known as Mawani, has sanctioned five new shipping services that will link up the Kingdom with 43 international ports.  The five new services are projected to support commercial traffic, strengthen the national imports and exports system, as well as provide alternatives for importers, exporters, and shipping agents. In...
  • Expo Center Sharjah wraps up successful Paper One Show

    SHARJAH, UAE - Expo Center Sharjah (ECS) wrapped up the eighth edition of Paper One Show on a high note. The exhibition managed to cement its leading position as one of the key regional events specialized in the paper industry. The event's eighth edition which was organized by Al-Furat Fair...
  • Dubai Chambers adds 56,000 new members during 2022

    Dubai, UAE--Dubai Chambers' membership increased by 20 percent in 2022 to 347,600, adding 56,000 new members during the year. In a statement, the Chambers said the exports and re-exports of its members grew by 20 percent in 2022, totaling AED272.7 billion. Dubai International Chamber opened four new international offices in...
  • Arab Parliament ratifies Jordan’s idea on center for food security

    Cairo, Egypt--The Arab Parliament on Saturday endorsed a proposal submitted by Jordan's Lower House Speaker Ahmad Safadi, stipulating the establishment of a regional center for food security in Jordan, Speaking at the Arab Parliament fifth conference on Saturday, Safadi said Jordan can facilitate and coordinate Arab and international action, and...
  • SEDD discusses cooperation with Matajer

    SHARJAH, UAE - Sharjah Economic Development Department (SEDD) received a delegation from Matajer - one of the most important commercial shopping groups affiliated with Sharjah Holding Company - established under a partnership between Majid Al Futtaim Properties and Sharjah Asset Management. This comes within SEDD’s interest to strengthen partnerships with...
  • UAE, France foreign ministers discuss strategic partnership

    ABU DHABI, UAE - UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan received French Minister of Europe and Foreign Affairs Catherine Colonna. During the meeting, which took place in Abu Dhabi, the two sides discussed bilateral relations and available opportunities for widening their cooperation,...
  • UAE, UK sign agreement to cooperate in the energy sector

    ABU DHABI,  UAE - UAE Ministry of Energy and Infrastructure signed a Memorandum of Understanding (MoU) with UK Department for Business, Energy & Industrial Strategy. The memorandum aims to exchange information, knowledge, expertise and studies in the field of energy and promote it for the vital role it plays in...
  • Abu Dhabi deploys drones to plant a million mangrove seeds

    Abu Dhabi, UAE--The Environment Agency of Abu Dhabi (EAD) has planted one million mangrove seeds using drones as part of the first phase of a drone mangrove plantation project. The Abu Dhabi Mangrove Initiative was announced in February 2021 during Prince William's visit to the UAE. This initiative, which is...
  • Abu Dhabi Chamber enhances digital Effortless Certificate of Origin service

    ABU DHABI, UAE - Abu Dhabi Chamber of Commerce and Industry (ADCCI) has launched the updated version of its Effortless Certificate of Origin service, which aims to enhance customers’ experience and reduces the time taken for acquiring the service. This comes as part of its participation in the Abu Dhabi...
  • Saudi Arabia gets first female international football referee

    RIYADH, SAUDI ARABIA - Saudi Arabia's first female international referee was appointed by FIFA on Thursday, less than a year after the conservative kingdom's national women's team made their debut. Anoud Al-Asmari's international badge is the latest in a series of steps in football by the Saudis, who have got 37-year-old...
  • US trade subsidies create unlevel playing field with Europe, says Macron

    French President Emmanuel Macron repeated his frustration with US subsidies, saying they were hurting European companies by providing an unfair advantage to their American competitors. International trade has bubbled into a point of contention this week as Macron becomes the first foreign leader hosted by President Joe Biden during an...
  • UNWTO says investments key to transform tourism

    Marrakesh, Morocco—The UN World Tourism Organization (UNWTO) convened its 117th Executive Council in Marrakesh, Morocco, as the sector’s recovery continues to gather pace. According to UNWTO data released this week, international arrivals are on track to reach 65% of pre-pandemic levels by the end of the year. However, building on...
  • ADFD takes part in foreign investors meet in Uzbekistan

    ABU DHABI, UAE - Abu Dhabi Fund for Development (ADFD) participated in the first plenary session of the Council of Foreign Investors in Uzbekistan. The session was held under the chairmanship of President of Uzbekistan Shavkat Mirziyoyev. The discussions focused on fostering economic development in Uzbekistan by facilitating investment in...
  • UAE, Indonesian Presidents to enhance bilateral relations

    SOLO, INDONESIA - President Sheikh Mohamed bin Zayed Al Nahyan and President Joko Widodo of Indonesia held talks aimed at further strengthening relations between the two countries. Their meeting came as part of the UAE President's working visit to Indonesia to participate in the G20 Leaders' Summit at the invitation...
  • UAE, Jordan ministers discuss global, regional issues

    Jordan's Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Safadi met with UAE Minister of Foreign Affairs and International Cooperation, Sheikh Abdullah bin Zayed Al Nahyan.
  • Morocco impounds two million captagon pills at northern port

    Scuttling an "international trafficking attempt" to West Africa, Morocco has made a large seizure of more than two million amphetamine-type captagon pills on the kingdom's northern coast. The drugs were hidden inside a goods container onboard a maritime transport ship headed from Lebanon to West Africa.
  • 21 Saudi Universities figure in Times Higher Education list

    RIYADH, SAUDI ARABIA - The number of Saudi universities in the Times Classification of Specializations increased to 21 Saudi universities, compared to six universities in 2019, as per the latest edition of the ranking for the year 2023. Saudi universities are distinguished in 10 major disciplines out of the 11...
  • Egypt, IMF reach agreement on EFF arrangement

    Egypt and International Monetary Fund have reached a staff-level agreement on the economic policies to be supported by a 46-month arrangement under the Extended Fund Facility, IMF Mission Chief for Egypt Ivanna Vladkova Hollar said.
  • UAE, Egypt discuss cooperation in defense industries

    A high-level UAE delegation, on a visit to Egypt, met with senior officials of the Egyptian Ministry of Defense.
  • ‘Standardization key to enhancing quality of local products’

    UAE Minister of Industry and Advanced Technology (MoIAT) Dr. Sultan bin Ahmed Al Jaber said that hosting the International Organization for Standardization (ISO) Annual Meeting 2022 in Abu Dhabi aligns with the government's desire to benefit from global expertise.
  • South Korea to enhance ties with hi-tech firms in Middle East

    South Korea wants to strengthen its relations with the Middle East with a focus on high-tech industries, according to Seoul’s top diplomat.