Putin talks to Raisi, expresses hope for restraint in Middle East
Moscow, Russia - Russian President Vladimir Putin and his Iranian counterpart, Ebrahim Raisi, discussed the latest escalation in the Middle...
Geostrategy
UAE cements position as a top global investment hub in 2024
UAE ascends to 8th on Kearney's 2024 Foreign Direct Investment Confidence Index, affirming its appeal as a prime investment haven,...
Economy
Saudi Arabia to create 40,000 jobs for its nationals
Job creation is part of Saudi strategy to help residents obtain high-quality jobs The strategy seeks to push more Saudi...
Saudi philanthropist Alwaleed to continue as chairman of Kingdom Holding
The company posted a net profit of $24.2 million for the quarter ending March 31, 2021 Its portfolio includes CitiGroup,...
Tunisians hope calmer Libya could stimulate economic growth
Libyan crisis led to 2 percent loss in Tunisia's GDP TunisAir was the first foreign carrier to resume flights to...
Nobles Properties in deal to acquire Jordan real-estate project
Nobles Properties said one of its subsidiaries will acquire a residential development from Jordan-based Manaseer Investment Group Nobles’ subsidiary Shahd...
Iraqi tribe threatens to shut down French consulate in Nasiriyah
An Iraqi tribe based in Nasiriyah has threatened shut down the French Consulate in the Southeastern city The al-Husseinat Tribe’s...
Saudi Arabia to support small Egyptian businesses with $17.25m
The funding to Egyptian businesses is expected to boost job creation The funding will also go towards purchasing factory machinery...
Bahrain clinical trials unit beckons pharma manufacturers
Manufacturers can carry out trials at a fraction of cost in Europe, US National Health Regulatory Authority responsive to safe,...
Roma loans Turkey midfielder Cengiz Under to Marseille for $9.9 million
A transfer fee of 8.4 million euros ($9.9 million) has been set with the Italian club receiving 20 percent of...
Ship that blocked Suez to be released
The 200,000-tonne MV Ever Given got stuck diagonally across the canal during a sandstorm on March 23 Egypt retained the...
Iran’s only nuclear power plant back online
The plant was off-grid for two weeks, leading to power cuts in the country Officials blamed 'a technical fault' for...
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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
Putin talks to Raisi, expresses hope for restraint in Middle East
Moscow, Russia - Russian President Vladimir Putin and his Iranian counterpart, Ebrahim Raisi, discussed the latest escalation in the Middle...
Geostrategy
Company News
Latest News
‘X’ new update includes job search feature, now live on the web
Washington, United States - The X platform has launched a new update that includes the job search feature, which provides...
Business
Palestinian issue has only two-state solution: Erdogan
Ahead of his trip to Germany, Erdogan ramped up his verbal attacks against Israel, calling it a "terror state" and...
Geostrategy
Google launches new AI features for organizing photos
Washington, United States - Google said on Thursday that Google Photos now groups together similar photos and organizes screenshots and...
Business
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UAE to build 3 desalination plants to supply Gaza with water
Abu Dhabi, UAE - The UAE is building three desalination plants in Rafah to supply Gaza with water as part...
- The production capacity of each plant is 200,000 gallons per day with a total of 600,000 gallons, benefiting 300,000 people per day.
- The initiative also provides volunteering opportunities for doctors registered with the Ministry of Health and Prevention and the Department of Health Abu Dhabi
Economy
Fitch maintains ‘A+’ rating of Saudi Arabia’s PIF, outlook stable
Riyadh, Saudi Arabia - Global credit agency Fitch Ratings has reaffirmed Saudi Arabia’s Public Investment Fund's (PIF) long-term foreign- and...
- The agency highlighted the PIF’s robust financial autonomy and its critical role in bolstering Saudi Arabia’s non-oil gross domestic product
- Fitch notably expressed the far-reaching consequences of a potential PIF default, foreseeing adverse effects on Saudi Arabia's Vision 2030 goals
Science
Bayanat, Yahsat, ICEYE increase Middle East satellite fleet to 7
Abu Dhabi, UAE – Bayanat, a leading provider of AI-powered geospatial solutions, and Al Yah Satellite Communications Company (Yahsat), the...
- The expansion of the constellation means that orbiting satellites will revisit the Middle East more frequently
- Using radar signals rather than light, the SAR satellite images deliver persistent monitoring of specific locations on the Earth’s surface