Saudi Arabia set to leap into space tourism by 2026
Madrid-based Halo Space Company has selected Saudi Arabia as its launch site for space tourism, offering tours at $164,000 per...
Economy
UAE rises to seventh rank globally in UN gender balance index
Dubai, UAE -- The UAE advanced to the seventh rank globally in the Gender Inequality Index 2024, issued by the...
Geostrategy
Arts & Culture
Bolder action, more effective partnerships to protect endangered animals and plants across the world
“And we need much bolder actions now to cut emissions, accelerate renewables, and build climate resilience,” he adds. “Throughout, we...
- Leaders across the United Nations system call for bolder action and more effective partnerships to protect endangered animals and plants
- This year’s commemoration of the World Wildlife Day marks 50th anniversary of Convention on International Trade in Endangered Species
Geostrategy
Hungary unsure of shifting Israeli embassy to Jerusalem
"I also read news in the press,” the Hungarian President Novak said. “In Hungary, a decision so far has not...
- The Times of Israel reported Friday the decision by Hungary is an act of support for Israel by Prime Minister Orban
- If Hungary shifts its capital to Jerusalem, it would become the first European Union country to do so
Economy
Trade leadership helps UAE emerge as a soft power
“Trade has had an indelible impact on our soft power. Located at a strategic global crossroads, the UAE is one...
- The UAE is a global gateway that believes in collaboration, cooperation and knowledge exchange as the main factors for economic and social growth, says a key minister
- The Gulf country continues to advocate for open, rules-based trade as a means of catalysing inclusive and broad-based growth, adds Dr Thani bin Ahmed Al Zeyoudi
Business
Chip industry transformations enable Qatar, other GCC countries to diversify their economies, say experts
The Gulf countries are also able to attract highly qualified and scientific expertise and skilled workers, and they possess the...
- There is an opportunity for emerging economies, especially the Gulf countries, including Qatar, to move towards the electronic chip and semiconductor industry
- The region has the financial capacity to handle the electronic chip and semiconductor industry that requires investments worth tens of billions of dollars
Business
Madbouly invites Qatari businesses to invest in Egypt
Egypt is focused on rebuilding the state and infrastructure. The country has dropped unemployment levels from 18 percent to 7.2...
- Qatar businesses are invited to invest in the Egyptian economy and benefit from the opportunities, says the Egypt’s Prime Minister Dr Mostafa Kamal Madbouly
- Egypt's infrastructure projects have contributed to creating economic dynamism and provided the appropriate framework to stimulate the private sector, he adds
Economy
Qatar’s Social Insurance Law serve retirees, widows
The Social Insurance Law approved a number of amendments in the shares of those who are entitled, which resulted in...
- Qatar has witnessed an increase in the retirement pensions and widow's shares to 100 percent, says the country’s Director of the Retirement Department at GRSIA
- The Social Insurance Law approved a number of amendments in the shares of those who are entitled, which resulted in an increase in the shares due, for the widows
Arts & Culture
Regulate digital platforms to curb disinformation
“If the regulatory initiatives are developed in isolation, with each country working in their own corner, they are doomed to...
- There is an urgent need for common global guidelines to improve the reliability of information while protecting human rights, say experts
- UNESCO urges the world to join its efforts to transform the internet into a tool which is truly at the service of the public
Business
Masdar unveils 200MW Solar Park in Jordan
Amman, Jordan - The Baynouna Solar Energy Company (BSCE), a joint venture between the UAE’s world-leading renewable energy company, Masdar,...
- The Baynouna Solar Park produces over 560 gigawatt-hours (GWh) of energy annually – enough to power 160,000 homes
- The plant also displaces 360,000 tons of carbon dioxide per year, equivalent to taking nearly 80,000 cars off the road.
Economy
Barakah’s Unit 3 enhances UAE’s bid to cut emissions
"We utilise all forms of clean energy to cut carbon emissions and mitigate the worst impacts of climate change. The...
- The start of commercial operations for Unit 3 of the Barakah Nuclear Energy Plant marks another accomplishment in generating abundant clean electricity to the national grid
- The plant will also prevent millions of tons of carbon emissions annually, said Mariam bint Mohammed Almheiri, the UAE’s Minister of Climate Change and Environment
Economy
Qatar’s 2022 budget records surplus of US$24.45bn
At the time of the approval, the budget was estimated to hit a deficit of QAR 8.3 billion. "The deficit...
- Qatar's budget surplus for Q4 of 2022 (October to December) was QAR11.6 billion, compared to a deficit of QAR3.3 billion in the same quarter of 2021
- Total revenues for the quarter came in at QAR 65.1 billion, compared to QAR51.5 billion in the same period of last year
Saudi Arabia set to leap into space tourism by 2026
Madrid-based Halo Space Company has selected Saudi Arabia as its launch site for space tourism, offering tours at $164,000 per...
Economy
Company News
Latest News
Is Israel’s ongoing assault on Gaza a genocide or not?
Some world leaders like Ramaphosa and Erdogan use the term genocide to describe Israeli actions in Gaza. Israel has also...
Infographics
85 animals set free at Prince Mohammed bin Salman Royal Reserve
RIYADH, SAUDI ARABIA - The National Center for Wildlife, in cooperation with the Prince Mohammed bin Salman Royal Reserve released...
Geostrategy
GCC leads in climate action despite fossil fuel reliance
The UAE, Saudi Arabia, and Qatar outperform 17 other countries in key areas of green investment, sustainable infrastructure, and energy...
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Geostrategy
Saudi-African Summit calls for peace in Middle East
The Summit held in Riyadh emphasizes resolving the Palestinian-Israeli conflict, urging international pressure on Israel for peace and addressing Gaza's...
- The Summit in Riyadh emphasizes resolving the Palestinian-Israeli conflict, urging international pressure on Israel for peace and addressing Gaza's humanitarian crisis.
- Marking a significant step in Saudi-African relations, Riyadh Declaration vows to enhance cooperation across defense, economic, cultural, and environmental sectors.
Geostrategy
Sharjah looks to boost economic, investment ties with Uganda and Kenya
Sharjah, UAE-- In a groundbreaking move to strengthen ties with burgeoning markets in Africa, the Sharjah Exports Development Centre (SEDC)...
- In order to boost trade with Uganda and Kenya, the Sharjah Chamber of Commerce and Industry (SCCI) will dispatch a trade mission to the African countries
- The trade mission will explore ways to enhance development and foster stronger ties as part of the chamber's commitment to supporting the local business community
Crisis escalates in Gaza as medical supplies dwindle
The humanitarian situation in Gaza reaches a critical point as medical supplies run low and the Al-Awda Hospital faces closure...
- The humanitarian situation in Gaza reaches a critical point as medical supplies run low and the Al-Awda Hospital faces closure due to a severe fuel shortage.
- With the international community's eyes upon them, urgent calls for aid and intervention are being made amidst the ongoing Israeli-Palestinian conflict.