Jeddah Program named cultural destination of FIFA Club World Cup
Riyadh, Saudi Arabia -- The Historic Jeddah Program has secured sponsorship rights as the official cultural destination and main supporter...
Arts & Culture
Gaza health situation a ‘perfect storm for tragedy’: UN
Around 160 children are killed every day in Gaza and UNICEF has warned that the number could skyrocket. More than...
Business
UAE plans launch of new food safety standards system
The new standards will ensure the quality of food imported or manufactured within the country The ministry is cooperating with...
DEWA to add additional 600MW of clean energy capacity to Dubai’s energy mix in 2021
The technologies fueling this expansion are photovoltaic solar panels and concentrated solar power or CSP The move will increase DEWA’s...
Dubai Economy, Dubai Business Women Council highlight incentives for businesswomen
Speakers share insights on how female entrepreneurs can address Covid-19 challenges The webinar was part of Dubai Economy’s monthly ‘Market...
Bayt poll: MENA professionals stress importance of teamwork
When looking for a job, nearly 7 in 10 respondents say they prefer positions that require teamwork 78 percent of...
Knesset to vote on new govt, Netanyahu’s rule set to end
The departure of Netanyahu, 71, has left the country bitterly divided The new government’s policies likely to be hampered by...
Q1 2021 China-Dubai trade grows to $12 billion
In 2020, the value of trade with China fell by 5.3 percent to Dh142 billion The UAE is also home...
Abu Dhabi Chamber discusses boosting cooperation with Polish entrepreneurs
Poland’s Deputy Foreign Minister Pavel Jablonsk highlights the advantages of investing in his country Deputy director Helal Al Hameli highlighted...
South Sudan: New WB funding to address food insecurity, locust crisis
Two new projects totaling $116 million aim to restore livelihoods, food security The country faces increasing levels of food insecurity...
Real Madrid star praises UAE’s healthcare system
Vieria was speaking to media at Burjeel Hospital for Advanced Surgery, Dubai The hospital exclusively caters to sports medicine and...
Nutanix, Hewlett Packard expand partnership
Cloud service enables customers to deploy applications and databases in minutes Customers using Nutanix Era reported a positive experience in...
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Jeddah Program named cultural destination of FIFA Club World Cup
Riyadh, Saudi Arabia -- The Historic Jeddah Program has secured sponsorship rights as the official cultural destination and main supporter...
Arts & Culture
Company News
ADIA acquires hotel portfolio
Business
Riyad Bank H1 profit up 27%
Business
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Lebanon central bank declines to address nation’s deficit through lending
Beirut, Lebanon -- Acting Lebanese Central Bank Governor Wassim Mansouri has said the bank will not be providing government lending...
Economy
Mawani and Rotterdam Port partner to develop smart ports
Jeddah, Saudi Arabia-- The Saudi Ports Authority (Mawani) has reached a partnership deal with Port of Rotterdam to collaborate in...
Business
Saudi industry ministry and German firms to develop human resources
Berlin, Germany -- A delegation of Saudi Ministry of Industry and Mineral Resources, which visited Germany, discussed enhancing cooperation to...
Business
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Arts & Culture
Most expensive American falcon sold for $146,000 at Saudi auction
Riyadh, Saudi Arabia -- An American pure ultra-white falcon cherrug sold for SAR550,00 ($146,000) at the third edition of the...
- The most expensive falcon, known locally as a Hur, belongs to the American MGE farm. It measures 18 inches in length and 18.5 inches in width and weighs 1.4kg.
- The bidding for the falcon started at SAR200,000 before being sold for SAR550,000 ($146,000).
Business
HR ministry and Bayt.com sign MoU to boost talent retention in UAE
Abu Dhabi, UAE -- The Ministry of Human Resources and Emiratization (MoHRE) of the UAE and job search and recruitment...
- The MoU was signed by Khalil Al Khoori, Undersecretary of MoHRE for Human Resources Affairs, and Rabea Ataya, CEO of Bayt.com.
- The UAE was ranked second globally across five indices within the World Competitiveness Yearbook 2022 such as the percentage of expatriate workforce.
Business
Vietnam’s VNG files for US IPO
VNG operates music streaming, mobile payment and online games.
- Its Zalo is one of the most popular messaging platforms in the country, with 75 million monthly active users.
- VNG plans to sell nearly 22 million shares in the IPO, according to a US Securities and Exchange Commission filing, with the proposed price range not yet set.