Ajman seeks strategic alliances at Arabian Travel Market 2024
Ajman, UAE - The Arabian Travel Market 2024 (ATM) kicks off in Ajman from May 6 to May 9, celebrating...
Business
4 charged with plot to kidnap New York-based Iranian journalist
Four Iranian nationals were indicted Tuesday on charges of plotting to abduct a journalist in New York, the Justice Department...
Virus-hit Tunisia brings Covid care home
When Covid-19 hit Tunisia hard last September, the germ of an idea was born. Too many patients were overwhelming the...
Foreign envoys in Lebanon seek reforms for bailout cash, get no response
Donors want the establishment of a new government to enact urgently needed reforms Foreign donors have over the past year...
Jordan’s ex-officials get 15-year jail term over ‘coup plot’
A Jordanian court on Monday sentenced two former officials to 15 years in jail over a palace coup attempt that...
At least 52 dead in Iraq Covid ward fire
At least 52 people died and 22 were wounded when a massive fire engulfed the coronavirus isolation ward of an...
Barred Iran director’s son follows his footsteps to Cannes
You might think the family business did not seem so inviting to young Iranian filmmaker Panah Panahi, given that his...
Celebrations and celebrities mark Branson’s space flight
Drinks flowed, guests cheer and Grammy-nominated singer Khalid debuted a new single: British billionaire Richard Branson threw himself a party...
Verdict day in Jordan ‘coup plot’ trial
Former royal court chief have been charged with conspiring with Prince Hamzah to have him replace his half-brother, King Abdullah...
Arab countries pledge help as Tunisia faces Covid surge
President Kais Saied has said that Saudi Arabia, Libya, Kuwait, Turkey and Algeria have also pledged to help Tunisia is...
Saudi Arabia’s non-oil economy to grow 4.3%
The investments by the Public Investment Fund contributed to the economic recovery Last year, Saudi's economy suffered a double whammy...
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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
Ajman seeks strategic alliances at Arabian Travel Market 2024
Ajman, UAE - The Arabian Travel Market 2024 (ATM) kicks off in Ajman from May 6 to May 9, celebrating...
Business
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Israel designates Lashkar-e-Taiba as terror outfit
Israel marks the 15th anniversary of the 26/11 Mumbai attacks by designating Lashkar-e-Taiba (LeT), a Pakistan based militant group, as...
Geostrategy
COP28 turns attention to potent methane emissions
Methane -- which is potent but relatively short-lived -- is a key target for countries wanting to slash emissions quickly...
L&T energy hydrocarbon unit clinches mega deal in the Middle East
New Delhi, India - The L&T Energy Hydrocarbon (LTEH), hydrocarbon business unit of Larsen & Toubro (L&T), said on Monday...
Business
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Business
PureHealth to list on ADX
The company is expected to start trading on ADX in December 2023.
- Subject to obtaining regulatory approvals and other relevant considerations the company is expected that trading on ADX will commence in December 2023
- In May 2023, PureHealth completed its acquisition of Ardent Health Services, which is USA’s fourth largest private healthcare group
Economy
Foreign investors’ ownership in Saudi market surges 300%
Riyadh, Saudi Arabia - The Saudi capital market has witnessed a surge in foreign investments, with the value soaring by...
- This exponential growth accounts for 14.2% of the total value of free float in the main market, compared to SAR 86.86 billion ($23.48 billion) in 2018
- Since allowing direct foreign investment in 2015, the Saudi Capital Market has evolved into a hub where foreign investors actively engage in daily trading
Business
OpenAI faces leadership crisis as staff threaten to follow Altman to Microsoft
This mass discontent follows the unexpected dismissal of OpenAI co-founder Sam Altman, whose leadership in AI advancements like ChatGPT has...
- This mass discontent follows the unexpected dismissal of OpenAI co-founder Sam Altman, whose leadership in AI advancements like ChatGPT has been crucial.
- Reports had also been circulating that Altman is planning to launch a new AI venture and announcement was expected as soon as this weekend