In stabilization bid, Syria’s new ruler declares all weapons under state control, including Kurdish arms
Ahmed al-Sharaa announced all weapons, including those held by Kurdish-led forces, will come under state control, emphasizing unity and coexistence...
Saudi-US higher education partnerships forum launched
Riyadh, Saudi Arabia - Minister of Education Yousef bin Abdullah Al-Benyan alongside U.S. Ambassador to Saudi Arabia Michael Ratney, on...
Science
Two Saudi astronauts, one of whom a woman, will launch into space on May 9
Barnawi and fellow astronaut Ali Al-Qarni will blast off from Florida on a private mission to the ISS, the officials...
- Rayyanah Barnawi and Ali Al-Qarni will blast off from Florida on a private mission to the International Space Station
- Woman astronaut Barnawi's trip to space is being seen as Saudi Arabia’s latest bid to revamp its ultra-conservative image
Economy
Industrial sector contributes 20% to Ajman’s GDP
Ajman, UAE – The industrial sector contributes approximately 20 percent to Ajman's GDP and is one of the sectors that...
- This was revealed at a session in Ajman conducted in partnership with the UAE Ministry of Industry and Advanced Technology
- The session discussed the launch of the "Make in the UAE" initiative such as the Industrial Technology Transformation programme and others
Geostrategy
Children to be vaccinated in quake-hit northwest Syria
CAIRO/AMMAN, EGYPT/JORDAN - Measles and polio vaccination campaign will be launched on Saturday across northwest Syria to protect some 800,000...
- The vaccination drive is supported by WHO, the Vaccine Alliance, UNICEF, in partnership with local NGOs and the Syria Immunization Group.
- Raising immunization levels among children is a priority in an area where the earthquakes partially or totally destroyed 67 health facilities.
Business
Al Ansari lists on DFM
The group raised $210m through the sale of 750 million shares.
- The group successfully raised $210 million)through the sale of 750 million shares for AED1.03
- The IPO was met with strong demand from investors, with the offering oversubscribed 22 times
Geostrategy
Classified US-NATO Ukraine war plans wind up on social media
Senior officials from the Biden administration have confirmed the authenticity of the documents, which have been posted on Twitter and...
- The leaked documents could provide valuable information to Russian war planners
- The Pentagon is currently investigating who may have been behind the leak
Business
Salik approves H2 2022 dividend
The company reported a net profit of $144m for the period.
- Salik reported a net profit of $144 million for the second half of 2022
- Salik’s revenue increased 11.8 percent Year on Year to $515 million
Business
DEWA, Siemens Energy discuss enhancing cooperation
DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer discussed enhancing cooperation...
- DEWA is implementing clean and renewable energy and water desalination projects.
- The firm attaches great importance to research in sustainable and renewable energy.
Economy
Qatar Financial Centre, ILO collaborate to promote ‘decent labor standards’
Doha, Qatar - The Qatar Financial Centre (QFC), a leading onshore financial and business center in the region, has partnered...
- The ILO-Qatar is cooperating with the Ministry of Labor to enhance the implementation of the labor law across industries in the country
- Speaking about the event, senior QFC official Luigia Ingianni said that promoting decent work for all is one of the core values of the QFC
Business
QatarEnergy to participate in Iraq’s mega natural gas project
Doha, Qatar - QatarEnergy has agreed to hold a 25 percent share in the Gas Growth Integrated Project (GGIP) -...
- The consortium will be composed of Basra Oil Company (30 percent), TotalEnergies (45 percent), and QatarEnergy (25 percent)
- Signed in September 2021, the key strategic project involves investing nearly $10 billion to design and construct facilities
Economy
Saving behavior in the UAE jumps as National Bonds hit 15% growth in 2022
Dubai, UAE - National Bonds, the UAE’s Shari’a-compliant savings and investment company, saw another strong year soaring to an investment...
- The strong growth in 2022 was attributed to several pioneering ideas and solutions, such as the Golden Pension Plan, Global Savings Club, and Sukuk Al Waqf
- The Golden Pension Plan leverages the financial solutions provided by National Bonds to residents, to meet the demand from both employers and employees
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In stabilization bid, Syria’s new ruler declares all weapons under state control, including Kurdish arms
Ahmed al-Sharaa announced all weapons, including those held by Kurdish-led forces, will come under state control, emphasizing unity and coexistence...
Company News
Naufar partners with MEEZA
Business
EDGE signs MoU with MBRSC
Business
Latest News
WEF 2024 aims to bridge trust gaps amid global discord
Geneva, Switzerland - The World Economic Forum Annual Meeting 2024 is set to gather over 2,800 global leaders in Davos-Klosters,...
Economy
Middle East air cargo volumes up 13.5% in November
Dubai, UAE - Middle Eastern carriers recorded a 13.5% year-on-year increase in cargo volumes, strongest performance in the world. In November...
Business
Bitcoin surpasses $47,000, first time since March 30, 2022
Abu Dhabi, UAE - Bitcoin surged above $47,000 on January 9, marking its highest value since March 30, 2022, as...
Business
Most Read
China says foreign consulting agency head spied for Britain
China, which has a broad definition of state secrets, has publicized several other alleged spying cases in recent months. In...
- China and Britain have traded barbs in recent months over allegations of perceived espionage and its resulting impact on national security
- Britain's government has warned that Chinese spies are increasingly targeting officials, allegations that Beijing has denied
Science
UAE announces its participation in Nasa’s Lunar Gateway Station
Abu Dhabi, UAE - The UAE has announced its participation in developing a module on Nasa’s Lunar Gateway Station alongside...
- The UAE will be responsible for developing the lunar space station's Crew and Science Airlock, a critical component for maintaining a safe environment for astronauts
- This unit will act as a portal of the station, serving as the entry and exit point for missions and astronauts travelling to the Moon’s surface from the Lunar Gateway Station
Economy
Saudi Exchange launches TASI50 Index tracking top 50 companies by market capitalization
Riyadh, Saudi Arabia – The Saudi Exchange has announced the launch of the TASI50 Index, which tracks the top 50 companies...
- The companies have a minimum annual traded value ratio (ATVR) of 5%, ensuring that the index tracks the largest companies in the market
- The index is an important tool for both individual and institutional investors, providing an overview of market performance in real time