Latifa bint Mohammed awards UK’s Simon Squibb with ‘One Billion Award’ at 1 Billion Followers Summit
Dubai, UAE - Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, presented the...
Business
Syria, Iran, Saudi Arabia, and Palestine test Washington’s strategy under Trump leadership
The Trump administration faces a Middle East shaped by shifting alliances, unresolved conflicts, and evolving regional priorities, demanding a measured...
Geostrategy
Kuwait’s court upholds dissolution of 2022 parliament
Kuwait - Kuwait's Constitutional Court has upheld a previous ruling that declared the September 2022 parliamentary election void, in which...
- The court rejected an appeal against this decision filed by members of the 2022 parliament
- As a result of the court's decision, legislative elections are set to proceed on June 6
Science
Saudi astronauts at ISS make amateur Radio Contact with students in kingdom
Riyadh, Saudi Arabia - Saudi astronauts Rayyanah Barnawi and Ali Al-Qarni have used the Amateur Radio on board the International...
- The call, made in coordination with the Saudi Space Commission (SSC), aimed at raising students’ awareness about space sciences and technology
- Barnawi and Al-Qarni answered students’ questions which were centred around life in space and the daily routine on board the ISS
Economy
Urgent global action needed on food security, climate change: UAE minister
New York, USA - Mariam bint Mohammed Almheiri, the UAE Minister of Climate Change and the Environment, has called for...
- Almheiri emphasised the rapidly escalating impact of climate change on food security and the need for increased international humanitarian law compliance
- She outlined the steps the UAE is taking to meet its domestic food security challenges stressing the nation's focus on sustainable, technology-enabled food supplies
Business
UAE: Total websites registered under .ae reaches 300,000
Abu Dhabi, UAE – The UAE Telecommunications and Digital Government Regulatory Authority (TDRA) announced on Wednesday the registration of more...
- The steady increase in the number of registrants in.ae reflects the importance of the UAE, as a major economic hub in the Middle East
- Examples of international companies that use the .ae domain include, but are not limited to, Amazon and Google
Business
Saudi Arabia’s logistics sector set to reach $15.3 bn by 2030
Riyadh, Saudi Arabia - The logistics sector in Saudi Arabia is poised for remarkable expansion, with its market size projected...
- The surge is an outcome of the efforts made by the Ministry of Transport & Logistics Services (MOTLS) to make the kingdom a global logistics hub and a leading industrial powerhouse
- Leveraging its unique geographical location, which connects Europe, Asia, and Africa, Saudi Arabia is primed to become a vital gateway for facilitating seamless trade
Business
Qatar Investment Authority to invest $12.4bn in UK economy: CEO
Doha, Qatar - Qatar Investment Authority (QIA) will invest up to GBP 10 billion ($12.4 billion) in the UK economy over...
- The pledge was made during a meeting with the UK Secretary of State for Business and Trade, Kemi Badenoch, on the first anniversary of the Qatar-UK Strategic Investment partnership
- Badenoch emphasized the shared commitment of the UK and Qatar to drive growth in key industries of the future, such as green technology, and cyber security
Business
India’s largest jeweller participates in Kuwait gold and jewellery show
Kuwait: Tanishq from the House of Tata is showcasing its range of gold and diamond jewellery at the Gold and...
- An important platform for designers, global jewellery retailers, wholesalers, and suppliers, the highly regarded annual event attracts industry stalwarts
- Tanishq which is participating for the first time will exhibit a range of gold and diamond jewellery including the brand’s most popular collections
Geostrategy
UK Business Secretary to visit Gulf countries to boost trade ties
LONDON, UK - British Business and Trade Secretary Kemi Badenoch will hold talks for a modern, comprehensive trade deal as...
- British Business and Trade Secretary said, "We already have a strong trade and investment relationship with the Gulf nations."
- She said, "The GCC represents an enormous opportunity for UK firms, whether it’s selling brilliant British food and drink products."
Geostrategy
Saudi Arabia, Bahrain begin joint security exercise ‘Haris’
Riyadh, Saudi Arabia - The Saudi Royal Guard and the Bahrain Royal Guard have started the joint security exercise “Haris”...
- The joint exercise is part of the continuous cooperation between the Saudi Royal Guard and the Bahrain Royal Guard.
- The exercise was inaugurated by Major General Mohammed bin Saeed Al-Omari, Chief of Operations Department
Business
EDGE acquires majority stake in MARS Robotics
Abu Dhabi, UAE - EDGE, a technology and defence group, on Tuesday announced the acquisition of an 80 percent stake...
- MARS Robotics will work closely with EDGE’s Advanced Concepts, which focuses on the rapid design, development, and deployment of advanced and innovative technologies
- Founded in 2013, MARS Robotics provides engineering solutions and services to Unmanned Aircraft Systems OEMs in hardware, peripherals, networks and software
Most Read
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
Latifa bint Mohammed awards UK’s Simon Squibb with ‘One Billion Award’ at 1 Billion Followers Summit
Dubai, UAE - Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, presented the...
Business
Company News
Latest News
KIPCO sells its stake in GIG
Business
ADNOC to buy stake in Fertiglobe
Business
Oman’s MSX-listed banks see 18.6 percent net profit growth in 2023
MUSCAT, OMAN - Omani banks listed on the Muscat Stock Exchange (MSX) recorded net profits of US$1.17 billion (RO453.5 million)...
Business
Expo City Dubai launches 10-day festival of Emirati light art and culture
DUBAI, UAE - Dhai Dubai, the first-ever Emirati-led light art festival, has launched its illuminating 10-day program at Expo City...
Arts & Culture
Saudi Arabia’s Red Sea Global deploys robot for Red Sea, Amaala beach cleanup
Riyadh, Saudi Arabia - Red Sea Global, a company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia,...
Business
Most Read
Iran, Turkiye ink contract to connect power grids
Ankara, Turkiye – Iran and Turkiye signed contract to connect their power grids during the visit of Iranian president Ibrahim...
- The Khoy-Van grid line is set to become operational as part of the agreement between the Iran Grid Management Company and the Turkish Electricity Transmission Company
- The contract signed by Iran’s Mehdi Moghimzadeh and Turkiye's Orhan Kaldirim clears the decks for connection of the 400-kilovolt BtB HVDC line between Khoy (Iran) and Van (Turkiye)
Saudi professor Manahel Thabet appointed Commonwealth’s envoy for science and technology
Riyadh, Saudi Arabia - Patricia Scotland, the Secretary-General of the Commonwealth of Nations, has named Saudi Professor Manahel Thabet as...
- In her role as special envoy, Professor Thabet will play a crucial part in connecting member states to achieve sustainable development goals
- She will be instrumental in enhancing economic cooperation, developing policies, creating legal frameworks to promote innovation
Arts & Culture
Riyadh Season 2023 on track to outshine previous edition with over 15m visitors
Riyadh, Saudi Arabia - Riyadh Season 2023 is poised to surpass the record set in 2021, with over 15 million...
- The accomplishment was announced on Wednesday, highlighting the success in achieving the target number of visitors before the conclusion of the event
- Comparatively, the first edition of Riyadh Season in 2019 attracted more than 9.6 million visitors, while the third edition in 2022 saw a turnout of over 13 million visitors