UAE defense conglomerate EDGE signed nearly $2bn in deals
Dubai, UAE -- UAE defense conglomerate EDGE Group has inked deals worth at least $1.8 billion during the Dubai Airshow,...
Business
AJEX, MODON sign partnership
AJEX will have rights to operate warehousing facilities at Modon.
Business
Saudi Aramco tops Forbes Middle East’s list of top 100 firms
Market value of the 100 companies stands at $3 trillion, 93 percent witness increase in their market value
UAE: Empower saves electricity worth $930 million in 2020
Empower is one of the key partners for UN Environment’s District Energy in Cities initiative and an active member of...
Dubai’s electricity capacity up tenfold since ’90s
Increased capacity attributed to state-of-the-art infrastructure, innovation and planning
Non-oil firms, banks play key role as UAE markets remain mixed
Banks remained in the first three positions on Dubai index in terms of market capitalization
UAE to support ‘stability, development’ in Libya
Sheikh Mohamed bin Zayed Al Nahyan meets visiting chairman of the Libyan Presidential Council Mohamed Younis Al-Manfe
Saudi AI authority, King Abdullah University sign MoU for research and innovation
The worldwide market for AI is expected to generate revenues to the tune of $554 billion by 2024
Insect pest eats into Lebanon’s ‘white gold’ pine nut trade
Western conifer seed bug is believed to have reached Turkey from Europe in 2010 before entering Lebanon
UAE submits draft of political declaration on corruption to UN
Law enforcement, criminalization, international cooperation, assets recovery focus of draft
UAE supports international efforts to combat corruption
The UAE in 2020 ranked 21 out of 180 countries across the world in Transparency International’s Corruption Perceptions Index, which...
UAE unveils three initiatives to mark World Environment Day
UAE’s Ministry of Climate Change and Environment has signed an MoU with idea innovator company Ideanco to collaborate in promoting...
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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
UAE defense conglomerate EDGE signed nearly $2bn in deals
Dubai, UAE -- UAE defense conglomerate EDGE Group has inked deals worth at least $1.8 billion during the Dubai Airshow,...
Business
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eXtra’s H1 2023 profit falls 35%
Business
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Engineering top course in Arab varsities
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Brazilian exports to Arab countries up 8% in seven months
Dubai, UAE -- The Arab Brazilian Chamber of Commerce (ABCC) recorded a surge of 8 percent in Brazilian exports to...
Business
Hungarian companies want to expand work in Russia, says PM Orban
BUDAPEST, HUNGARY – Hungarian Prime Minister Viktor Orban said that companies from his country plan to expand their activities in...
Geostrategy
EU well-prepared for winter as gas reserves hit 90% ahead of target
The speedy filling of storage facilities means the bloc is "in a much more stable position than it was this...
Geostrategy
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Geostrategy
Iran first Islamic country to have modern observatory, says official
TEHRAN, IRAN – Iran is the first Islamic country to possess a very modern observatory, the head of the Institute...
- The head of the Institute for Research in Fundamental Sciences said that Iran lacked the resources to build an observatory.
- He added that an observatory is like a living entity, and continuous work and progress are necessary for proper functioning.
Business
India cricket board earns nearly $300 million from 2022 IPL
New Delhi, India -- India's cricket board banked nearly $300 million from last year's iteration of its Indian Premier League,...
- The Board of Control for Cricket in India (BCCI) is one of the richest governing bodies in global sport, owing largely to the runaway success of the flagship Twenty20 tournament.
- The IPL has made millionaires of its top players and generated billions from media rights since its inception in 2008.
Geostrategy
Turkish officials discuss scenarios around stalled Russia grain deal
Turkey’s top diplomat Hakan Fidan is planning to discuss the results of these discussions with Russian Foreign Minister Sergey Lavrov...
- Under another scenario, unilateral actions will be taken to set up alternative routes based on bilateral agreements, particularly for Ukrainian agricultural supplies via the Danube
- The third, an only 'viable option', envisages a revival of the grain deal "as soon as certain Russian concerns are removed".