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
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...
Iran ups non-oil exports by 50% in Q1
Iran’s non-oil exports rose by 50% in the first quarter of the current Iranian year, its Minister of Industry, Mines...
Covid-19 variant: Saudi suspends UAE flights
The move comes seven weeks after the oil-rich kingdom permitted fully immunised citizens to travel abroad The UAE is a...
Beirut blast: Families of victims mark 11 months since disaster
The August 4, 2020 blast at the Beirut port killed more than 200 people, injured thousands and destroyed swathes of...
UAE launches work permits for Golden Residency holders
Golden Residency visa was created last year for professionals, specialized degree holders HR ministry lays down criteria for work permits...
DP World acquires US logistics firm sycreon for $1.2b
Deal expected to close in the second half of 2021 World says it continues to make progress on its capital...
Turkey withdraws from treaty to prevent violence against women
Ankara's withdrawal has triggered condemnation from both the United States and the European Union The Istanbul Convention signed in 2011,...
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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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UAE’s FANR grants operating license for unit 4 of Barakah Nuclear Power Plant
Dubai, UAE - The Federal Authority for Nuclear Regulation (FANR), serving as the UAE's independent nuclear regulatory body, has officially...
‘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
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Business
UAE awards EDGE $65m contract to supply unmanned aerial systems
Abu Dhabi, UAE – ADASI, the EDGE Group entity, a regional leader in autonomous systems and services, said on Thursday...
- Aimed at further advancing air operations, GARMOOSHA is an unmanned aircraft designed to carry payloads of 120kg with a range of 150km
- With a low-consumption fuel engine, its sensor capabilities make it a versatile system capable of solving some of the most difficult challenges
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