Jordan exports pharmaceutical products worth US$874m in 2023
AMMAN, JORDAN – Products of the Kingdom’s pharmaceutical industries and medical supplies sector moved over the past quarter century to...
Business
Business
Innovative financing solutions attract firms to UAE
"Everybody sees this as an opportunity to bring their businesses here. Accessing capital can be challenging, but fortunately the government...
- Raja Al Mazrouei, CEO of Etihad Credit Insurance, asserts that financing solutions are driving manufacturing growth in the UAE and luring external entities
- The ECI CEO, however, acknowledges the challenges in capital access but praised the UAE government's provisions such as subsidies, financing, and guarantees
Economy
‘UAE rising as a key player in global hospitality’
“Cities such as Dubai and Abu Dhabi have rapidly established themselves as the hospitality destination of choice for business and...
- UAE's innovative adaptability attracts significant influx of international tourists, says Siegfried Nierhaus, Vice President Middle East, Deutsche Hospitality
- Dubai and Abu Dhabi have established themselves as top hospitality destinations for business and leisure. Hotel room occupancy may exceed expectations in 2023, he adds
Arts & Culture
‘UAE is laboratory of past, present and future’
"Aside from the obvious things - the construction of museums and large collections - it seems to me that the...
- La Biennale di Venezia president, Roberto Cicutto, commends the UAE's dedication to cultural development and youth education
- On UAE Pavilion's "Aridly Abundant" theme, he says it aligns with the Venice Biennale's focus on addressing environmental challenges
Science
Saudi astronaut concludes pioneering space research
The experiments by Barnawi, focused on understanding the behavior of immune cells in space, could lead to the prevention and...
- The experiments, focused on understanding the behavior of immune cells in space, could lead to the prevention and early treatment of certain diseases
- The latest initiatives reflect the Kingdom's commitment to space exploration and investment in STEM, aligning with Saudi Vision 2030
Economy
World needs tangible climate solutions: Al Mubarak
More than 1,000 private sector executives and members of the Dubai Chamber had joined the path towards reducing global emissions...
- Over 1,000 private sector executives and Dubai Chamber members commit to halving global emissions by 2030, aiming for zero emissions by 2050
- UAE continues to enhance its environmental prosperity, with an emphasis on protected areas, sustainable agriculture, and nature-based solutions
Business
OAPEC needs to align with global counterparts
The cooperation of all parties will achieve the best-desired results and goals for which it was established, he adds during...
- OAPEC Secretary General, Jamal Al-Loughani emphasizes the need for the organization to align with international counterparts
- He also warns of the impact of global developments on the oil sector growth, including rising inflation and Russia-Ukraine conflict
Economy
Safeguarding ‘digital public square’ is essential
States are struggling and “often failing” to protect online space for the common good, “swinging between a laissez-faire approach that...
- UN High Commissioner for Human Rights emphasizes the necessity of a safe online environment for a fully functioning society
- Volker Türk criticizes the laissez-faire approach and overbroad regulations hindering the proper protection of online space
Science
Saudi Arabia enters a new era of tech and innovation
“The Kingdom advanced 15 places in the Global Innovation Index in 2022. Winning prizes and top ranks in international competitions...
- The Kingdom advanced 15 ranks in the Global Innovation Index in 2022, a clear indicator of the emerging innovative era
- Saudi Arabia’s commitment to the innovation sector includes a 2.5% GDP investment by 2040, as announced by its Crown Prince
Science
Saudi astronauts carry out experiments aboard ISS
The mission of Saudi astronauts Rayyanah Barnawi and Ali AlQarni involves 14 pioneering experiments in microgravity to further space and...
- The space mission of Saudi astronauts Rayyanah Barnawi and Ali AlQarni involves 14 pioneering experiments in microgravity to further space and scientific research
- Their mission aligns with the goals of Saudi Vision 2030, aiming to prepare future Saudi astronauts and raise the Kingdom's stature in space research and development
Geostrategy
Japan deal expands UAE’s defense relations with Asia
The signing of the UAE-Japan defense cooperation agreement aims to promote transfer of technology, cooperative research, development, and production projects.
- The signing of the UAE-Japan defense cooperation agreement aims to promote transfer of technology, cooperative research, development, and production projects
- The strengthening of defense cooperation with Asian countries is part of a broader UAE's effort to diversify its security partnerships and decrease dependence on the US
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Digital rights of Palestinians, supporters widely violated: Report
“Those developments had a significant impact on the digital world, freedom of speech, privacy, and security, leading to a deterioration...
Geostrategy
Watch: Experts discuss how Arab world reshapes future
At the HUB Davos 2024 conference, UAE's Minister of Economy Abdulla Bin Touq Al Marri highlights the nation's commitment to...
Business
Global crises, AI key focuses of World Economic Forum
The upcoming Davos summit is set to become a melting pot of discussions on critical global issues, including the conflicts...
Geostrategy
Most Read
Business
Bahrain Steel raises $450m SLL
The company produces and supplies high-grade iron ore pellets.
- The proceeds from this loan will be directed towards CAPEX for constructing the world’s largest stockyard shed with rooftop solar panels.
- The SLL's framework incentivizes Bahrain Steel to exceed mandatory greenhouse gas (GHG) emissions reductions.
Business
Saudi insurance sector shows 14.6 percent growth in Q3 of 2023
RIYADH, SAUDI ARABIA- The Insurance Authority (IA) has issued its first report on the performance of the sector in the...
- The report has been issued to provide transparent and accurate information about the performance of the insurance sector.
- The report showed a 2.2 percent increase in the insurance sector’s penetration ratio to non-oil GDP in Q3 of 2023.
Business
ESG and sustainability redefine UAE financial markets
"The UAE's success in establishing a fully regulated carbon market, integrating carbon regulation to manage and trade emissions effectively, providing...
- Nadim Najjar of LSEG highlights UAE's commitment to net-zero emissions and sustainable practices.
- Strategic alliance between ADX and LSEG exemplifies a commitment to sustainability, he adds.