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’s SCA registers 114 foreign investment funds in 2020
Number of investment funds registered with SCA fell to 46 in 2019
Green hydrogen production follow same path as solar power, wind power: DEWA CEO
 GCC region, whose biggest export has so far been oil, is turning towards sources of clean energy Mohammed bin Rashid...
ADFD allocates $100m towards 2 projects in Turkmenistan
AED275m towards the construction of an airport in Jebel and AED 92m for hybrid power plant
UN agencies concerned over looming famine in northern Ethiopia
The Food and Agriculture Organization of the United Nations (FAO), United Nations World Food Programme (WFP) and UNICEF call for...
Non-resident foreigners may finally be allowed to own property in Saudi Arabia
If the Real Estate General Authority pays heed to the Shoura Council, then non-resident foreigners may eventually get the right...
Saudi Arabia to give nod to digital banking in kingdom, service may start soon
Two digital banks are being set up, if all goes well with the regulatory agency
Goldman Sachs projects crude oil to touch $80 this summer
Goldman Sachs believes rollouts of more vaccination against Covid around the world could boost economic activity and demand for oil
Food insecurity looms in Middle East, Africa: WFP
WFP data say 41 million people faced hunger in 20201 Half a million food insecurity cases living in conditions akin...
Free online registration opened for 7th Middle East Hospitality Excellence Awards 2021
Arabian Ranches Golf Club venue partner for the outdoor award ceremony
Egypt to bank on $500 million Gaza rebuilding aid to shore up its clout
Egypt will use $500 million rebuilding aid for Gaza as a method of reestablishing its ties with countries it shunned...
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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
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Almarai profit rises 27% in H1
Business
Herald, SAIF Zone sign agreement
Business
Vietnam’s VNG files for US IPO
VNG operates music streaming, mobile payment and online games.
Business
Iran-China trade down 11 percent to $8.5 bn in seven months
Tehran, Iran -- The trade exchanges between Iran and China in the first seven months of the current year reached...
Business
Russia’s goal is to end war West unleashed in Ukraine: Putin
Johannesburg, South Africa -- Russia's special military operation pursues the goal of ending the war in Ukraine unleashed by a...
Geostrategy
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Business
GCC top export market for Dubai Chamber of Commerce members
Dubai, UAE -- The Gulf Cooperation Council countries were the top destinations for exports and re-exports of Dubai Chamber of...
- Saudi Arabia was named the top destination for members' exports, with the total value recording year-over-year growth of more than 15 percent to reach AED35 billion.
- Members' exports to Kuwait during H1 2023 were valued at AED12.8 billion, while exports to Qatar grew by 39.3 percent.
Business
Ajman H1 real estate transactions increase by 15 percent to $1.95bn
Ajman, UAE -- Ajman real estate market grew 15.6 percent year-on-year to AED 7.17 billion ($1.95 billion) in the first...
- Omar bin Omair Al Muhairi, Director-General of the Department of Lands and Real Estate Regulation, said a total of 5,310 real estate transactions were recorded during this period.
- May, in particular, emerged as a notable month, witnessing a peak value of real estate transactions totaling AED1.9 billion.
Business
Iran exports non-oil products worth $2.9bn to Iraq in four months
Tehran, Iran -- Iran exported $2.9 billion worth of non-oil products to Iraq in the first four months of the...
- Director General of the TPOIÂ for West Asian Affairs Farzad Piltan said Iran exported $541 million worth of products to Iraq in 2022.
- It is predicted that Iran’s export of non-oil products to Iraq will reach $10.5 billion by the end of the current year (March 20, 2024).