Once a crumbling relic of old Iran, brewery reborn as arts hub
Tehran, Iran - Hidden behind imposing brick walls in the heart of Tehran, a brewery that used to make Iranian...
Arts & Culture
Trump orders pause to Ukraine aid: White House official
President Donald Trump suspended military aid to Ukraine on Monday, a US official told AFP, sharply escalating pressure on Kyiv...
Geostrategy
Geostrategy
Defiant Netanyahu to face US Congress amid Biden’s withdrawal
US Secretary of State Antony Blinken, using an American football image, said Friday that negotiators were "inside the 10 yard...
- Israel's longest-serving premier will on Wednesday become the first foreign leader to address a joint meeting of the two chambers four times
- But analysts say the Gaza war since the October 7 Hamas attacks has created worrying tensions between Israel and the United States
Saudi Arabia constitutes center for promoting moderate Islam: North Macedonia Mufti
Skopje – Islamic Union President and Republic of North Macedonia Mufti Sheikh Hafiz Şakir Fetahu stressed that Saudi Arabia has...
- He expressed gratitude to Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud
- The president praised the Kingdom's government for its significant and extensive services to the Two Holy Mosques and their visitors, including pilgrims and Umrah performers
Business
Saudi Arabia’s tourist spending reaches $40bn: minister
Saudi Arabia’s Minister of Tourism Ahmed Al-Khateeb highlights the upcoming launch of a tourist visa aimed at drawing more international...
- Passenger air traffic in Saudi Arabia rose by 17 percent in the first half of 2024, reaching 62 million compared to 53 million in the same period last year
- This growth was aided by a 12 percent increase in flights, with 446,000 recorded compared to 399,000 in the first half of 2023
Business
Chinese company to build Saudi Arabia’s first ocean park
Riyadh, Saudi Arabia - Haichang Ocean Park Holdings, China's largest ocean theme park operator, announced plans on Thursday to build...
- Haichang, which has a history of marine-themed tourism spanning over two decades, has previously collaborated on tourism projects in Vietnam, the Philippines, and Indonesia
- Currently operating parks in cities such as Shanghai, Dalian, Zhengzhou, and Sanya, Haichang attracts more than 20 million visitors annually
Economy
Oregon leverages coastal adventures and diverse landscapes to expand its tourism market
Oregon's tourism strategy focuses on year-round visitation, sustainability, and regenerative travel, aiming to optimize economic impact while preserving natural beauty...
- Oregon is a destination where you can wander along stunning shorelines, trek volcanic peaks, and paddle serene lakes
- But it is not just natural beauty, the coastal gem also boasts some of the nation's finest breweries and restaurants
Business
‘Digital transformation levels the playing field for GCC small businesses’
Digitalization is revolutionizing GCC entrepreneurship, offering vast opportunities and challenges, and driving innovation and growth, Jigar Sagar, an influential figure...
- GCC entrepreneurs benefit from reduced operational costs and enhanced productivity through digital technologies like automation, AI, and data analytics, says Sagar
- Women entrepreneurs in the GCC face unique challenges but show remarkable resilience and determination to succeed in business, he adds
Business
UAE realty sector poised for growth as central bank forecasts 6.2% GDP growth in 2025
Factors such as increased foreign investment, ambitious urban projects, and favorable regulatory reforms are expected to propel the real estate...
- Factors such as increased foreign investment, ambitious urban projects, and favorable regulatory reforms are expected to propel the real estate market forward
- As the UAE continues to strengthen its economic diversification efforts, the real estate sector remains a cornerstone of stability and growth
Business
Aramco, Sempra ink Port Arthur LNG royalties deal
Aramco's 25% participation in Port Arthur LNG Phase 2 aims to expand its gas portfolio and meet the world's growing...
- Port Arthur LNG is a natural gas liquefaction and export terminal in southeast Texas with direct access to the Gulf of Mexico
- Sempra Infrastructure is actively advancing infrastructure projects within the Port Arthur Energy Hub, addressing the rising demand for lower-carbon fuels
Geostrategy
Telegraph report on Hizbollah weapons at Beirut airport sparks outrage
Dubai, UAE - An article in The Telegraph alleging that Hizbollah is stockpiling Iranian weapons at Beirut International Airport (BIA)...
- The Telegraph's report on June 23, 2024, cited unnamed "whistleblowers" who claimed that Hizbollah had amassed "huge quantities of Iranian weapons, missiles, and explosives" at BIA
- The absence of identifiable sources and the reliance on anonymous airport workers as the sole basis for such significant allegations have been points of contention
Economy
UAE ranks among the world’s most competitive economies in 2024, says Switzerland’s IMD ranking
The country has risen to the 7th spot in the IMD World Competitiveness Ranking, highlighting its robust economic growth, strategic...
- The assessment, based on comprehensive factors including GDP, productivity, political stability, social cohesion, and cultural impact, underscores the UAE's robust economic growth
- Over the past year, the UAE has made significant strides in bolstering its economic foundations, supported by proactive government policies and strategic investments
Once a crumbling relic of old Iran, brewery reborn as arts hub
Tehran, Iran - Hidden behind imposing brick walls in the heart of Tehran, a brewery that used to make Iranian...
Arts & Culture
Company News
Latest News
Ceasefire agreement between Israel and Hamas goes into effect, marking first steps toward peace
As the first phase of the ceasefire takes effect, the world watches to see whether this temporary reprieve will be...
Geostrategy
Joint Operations Room set up in Cairo to oversee Gaza ceasefire implementation
Cairo, Egypt - A joint operations room has been established in Cairo to oversee the implementation of the Gaza Strip...
Geostrategy
UAE leads solar energy growth with strategic projects
Abu Dhabi, UAE - A new report highlighted the UAE's leadership in the regional solar energy sector, driven by initiatives...
Most Read
Social media’s evolving role in GCC spotlighted at Doha conference
Doha, Qatar – The Qatar Investment and Innovation Conference, held on Wednesday, at Barahat Msheireb in Msheireb Downtown Doha, brought...
- The conference, co-hosted by Msheireb Properties and The Business Year, explored critical themes critical to the GCC’s position as a leading investment hub
- Julien Hawari, CEO of Million and Sirius Lab, highlighted key social media trends in the region, such as the rise of content driven by younger, tech-savvy demographics
Geostrategy
Israel, Hamas ceasefire begins Sunday, includes hostage deal, phased Israeli withdrawal, more aid for Gaza
The deal, brokered by the U.S., Egypt, and Qatar, includes Hamas releasing 33 hostages and Israel freeing hundreds of Palestinian...
- The deal includes release of 33 Israeli hostages, including women, children, and the elderly, and, in return, Israel will release hundreds of Palestinian captives
- The deal also allows for a dramatic increase in humanitarian aid to Gaza, with over 500 trucks of food, water, and medical supplies expected to enter the region daily
Business
Masdar targets 100 GW of clean energy by 2030
Abu Dhabi, UAE - Fatima Al Suwaidi, Head of Development & Investment (APAC) at Masdar, has affirmed the company's ambitious...
- Masdar has successfully implemented 31 GW of clean energy projects across 40+ countries, expanding its global footprint
- In 2024, Masdar doubled its clean energy production capacity, underscoring its leadership in the sector