Feeding fit: Saudi Arabia redefines the poultry sector
In February 2024, Saudi Arabia's poultry industry reached a milestone by producing 100 million kilograms of poultry, thereby setting new...
Business
Middle East leads way in global methane mitigation
The Middle East is emerging as an important region in the battle against methane emissions, crucial for curbing global warming....
Economy
British coronation: World leaders congratulate Charles III, Camilla
Leaders in the United States and Europe sent congratulations to Britain's King Charles III and Queen Camilla on their coronation...
- US President Joe Biden congratulates King Charles III and Queen Camilla on their coronation and praised the enduring friendship between the US and the UK
- China calls for cooperation and peace with the UK, urging a mutually beneficial ties, while EU hails coronation as testament to enduring strength of British monarchy
Science
Regional cooperation vital to address climate change
“The recent, intense weather events in Central and West Asia show that we need to take urgent, collective action. Countries...
- Urgent, collective action to address the severe impacts of climate change in Central and West Asia and its neighboring countries, says ADB Director General for the region
- Climate change may have severe impacts in the region, including greater water scarcity, expanded desertification, and more extreme weather events like floods and drought
Geostrategy
KSA, US confirm direct talks between Sudan factions
However, fighting continues in the Sudanese capital, where the conflict has already claimed around 700 lives and displaced nearly 450,000...
- However, fighting continues in the Sudanese capital, where the conflict has already claimed around 700 lives and displaced nearly 450,000 civilians, reports suggest.
- UNICEF warns that the violence has become fatal for a large number of children as aid workers struggle to access areas hit by violence, while both sides seek a military victory
UAE marks 47 years of unification of Armed Forces
The ongoing overall technological developments drive the UAE Armed Forces to increase their efforts to modernize in order to address...
- The ongoing overall technological developments drive the UAE Armed Forces to increase their efforts to modernize in order to address current regional and global challenges.
- The UAE Armed Forces have become one of the strongest in the region and the world, making a valuable contribution to international alliances, highlight UAE leaders
Economy
GCC considers unified visa system to boost tourism
Ministerial-level talks are underway among the GCC nations to achieve a single visa agreement, says Bahrain's Tourism Minister Fatima Al...
- Ministerial-level talks are underway among the GCC nations to achieve a single visa agreement, says Bahrain's Tourism Minister Fatima Al Sairafi during an event in Dubai
- The unified GCC visa strategy aims to boost tourism sector's contribution to GDP, create employment, enhance competitiveness and ensure sustainability of the industry
Economy
‘UAE deals with around 50,000 cyberattacks daily’
"These proactive efforts play a vital role in protecting the country's digital sphere and ensuring a secure environment for critical...
- The UAE Cyber Security Council collaborates with partners to deter over 50,000 cyberattacks daily targeting critical national sectors, says its head
- Banking, financial, health, oil, and gas sectors are frequently targeted, but attacks are efficiently countered to safeguard the UAE's digital sphere
GCC central banks align rates with US Fed Reserve
The regional apex banks -- including the CBUAE, SAMA, CBB, and QCB -- have raised rates by 25bps in response...
- The regional apex banks -- including the CBUAE, SAMA, CBB, and QCB -- have raised rates by 25bps in response to the US Fed's decision to increase its benchmark lending rate
- Saudi Arabia's SAMA has increased its Repo rate to 5.75% and Reverse Repo to 5.25%, while the CBUAE has raised its ODF from 4.90% to 5.15%, effective from May 4, 2023
Economy
MENA region’s growth may decelerate this year: IMF
Oil exporters are set to experience slower growth due to a shift from oil to nonhydrocarbon activities, says Jihad Azour,...
- Oil exporters are set to experience slower growth due to a shift from oil to nonhydrocarbon activities, says Jihad Azour, Director of IMF's Middle East and Central Asia Department
- Growth in the region's emerging markets is also expected to fall from 5.1% in 2022 to 3.4% in 2023 due to tighter monetary and fiscal policies, suggests the latest IMF report
Business
Book industry needs to focus more on sustainability
She was highlighting key industry challenges such as environmental pressures and rising costs, during the opening of the Sharjah International...
- Prominent booksellers, publishers, and experts from 69 countries participate in Sharjah International Booksellers Conference, which facilitates discussions on industry trends
- Sustainability, generative AI, industry transformation remain prime focus of the discussion as Sharjah emphasizes the importance of collaboration and effective communication
Business
Investors set to boost allocations to gold, miners
Rallying of gold prices and growing concern about a potential global banking crisis are seen as key reasons for the...
- Rallying of gold prices and growing concern about a potential global banking crisis are seen as key reasons for the increased allocations, says a latest global report
- Gold and gold mining stocks are likely to make up 6 percent or higher of core holdings, believe 60% investors, adds Tresor Gold, a data-driven gold mining company
Feeding fit: Saudi Arabia redefines the poultry sector
In February 2024, Saudi Arabia's poultry industry reached a milestone by producing 100 million kilograms of poultry, thereby setting new...
Business
Company News
Latest News
UNGA strongly endorses ceasefire in Gaza conflict
The UN General Assembly passes a resolution demanding an immediate ceasefire in Gaza, highlighting the Security Council's inaction and putting...
MSF demands immediate, sustained truce in Gaza as toll rises to 15,899
Doctors Without Borders (Médecins Sans Frontières, MSF) has urgently called for a ceasefire in Gaza amid escalating violence and rising...
Geostrategy
Presight AI, Samruk-Kazyna launch JV
The partnership aims to accelerate digital transformation in Kazakhstan.
Most Read
COP28 UAE
$656 million committed to Loss & Damage Fund so far
The fund will be housed in the World Bank for four years, a decision accepted by developing nations despite concerns...
- The fund signifies a pivotal moment in climate diplomacy, reflecting a growing acknowledgment of the need for tangible support for those most vulnerable to climate change.
- This initiative by the UAE and Germany at COP28 marks a new era of responsibility and cooperation among nations, setting a hopeful tone for the remainder of the conference.
Geostrategy
UAE President announces $30bn Global Climate Fund at COP28 meet
In a groundbreaking announcement at the World Climate Action Summit during the UN Climate Change Conference (COP28), UAE President Sheikh...
- The fund, designed to address the critical gap in climate financing, aims to enable affordable access to climate finance.
- The UAE President highlighted the global urgency of addressing climate change and its pervasive impacts on life.
Opinion
Act now as climate crisis has reached critical point
"Renewable energy is key to our planet's future. It's time to phase out fossil fuels and embrace sustainable solutions. The...
- Earth's vital signs are failing with record emissions and extreme weather events, signaling a climate emergency.
- UN makes an urgent call for global leaders to prevent a planetary catastrophe by meeting Paris Agreement goals.