First internationally recognized renewable ammonia shipment made
Dubai, UAE -- Abu Dhabi-based Fertiglobe, a strategic partnership between ADNOC and OCI Global, has completed the maiden shipment of...
Business
France probes Lebanese central bank chief’s wealth
Findings could shed light onto the origins of the 70-year-old former Merrill Lynch banker's wealth
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...
Company News
eXtra’s H1 2023 profit falls 35%
Business
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Engineering top course in Arab varsities
Infographics
25 teams attending Afro-Arab Esports League 2023 in Saudi Arabia
Riyadh, Saudi Arabia -- The Afro-Arab Esports League, which opened Saturday in Saudi Arabia, will see participation from over 25...
Arts & Culture
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

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Business
Dubai records $2.83bn billion in weekly real estate transactions
Dubai, UAE -- Real estate transactions valued at more than AED 10.4 billion ($2.83 billion) were recorded in Dubai during...
- Of the total 3,571 transactions,120 plots were that sold for AED1.2 billion and 2,782 apartments and villas were that went for AED6.86 billion.
- A total of 109 properties were granted between first-degree relatives worth AED438 million.
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.

