Iran top security body: Response to Israeli aggression based on Article 51 of UN Charter
Iran’s Supreme National Security Council (SNSC) says the Iranian armed forces’ attack on the Israeli regime was carried out based...
Geostrategy
Tehran, Baghdad to launch maritime passenger transport line
TEHRAN, IRAN – Iran and Iraq will launch the first maritime passenger transport line within the next two months, an...
Geostrategy
Ajman posts Dh931 million property deals
A total of 557 property deals worth Dh931 million were recorded in Ajman in April 2021 Dubai’s realty sector posted...
Traditional airports need to become ‘smart’
Smart counters reduce waiting time, queues, waiting time at passport control, security check, duty-free and other outlets Online check-in by...
UAE retail e-commerce market grew 53% to hit record $3.9 billion in 2020
This was a 53% year-over-year increase, driven by the digital shift accelerated by the Covid-19 pandemic E-commerce accounted for 8%...
Abu Dhabi-backed solar complex to power 158,000 facilities in Togo
ADFD reportedly provided a concessionary loan of $15 million (AED55 million) to finance the project The plant, located in Blitta...
Rising application in pharma sector to drive sodium bicarbonate market: FMI study
*China to be one of the dominant markets globally due to the presence of various end-use industries *US accounts for...
Saudi Arabia gives nod to set up digital banking in kingdom
Saudi cabinet authorizes finance minister to issue licenses Last year, the Saudi Central Bank (SAMA) licensed 16 financial technology companies...
Salla and Spotii partner to enable Buy Now, Pay Later service for Saudi consumers
*About 10,000 merchants likely to benefit from the service *Buy Now, Pay Later affords consumers a flexible installment payment option...
Qatari investor in Deutsche Bank feels European banks should merge
*Sheikh Hamad feels it is the only way to take on US and Chinese globally *He is one of the...
Half of adults in Saudi Arabia, UAE seek energy-efficient, futuristic internet
94 percent of adults each in both countries considering doing more activities virtually to reduce carbon footprint Over a third...
Gulf International Bank wins 2 honors in ‘Innovators 2021’Awards
*Award honors institutions that identify new paths and design new tools in finance *Selections made on the inputs of reporters...
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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
Iran top security body: Response to Israeli aggression based on Article 51 of UN Charter
Iran’s Supreme National Security Council (SNSC) says the Iranian armed forces’ attack on the Israeli regime was carried out based...
Geostrategy
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US wants war between Israel and Hamas contained: Pentagon official
Washington, United States - United States wants to see the war between Israel and Hamas contained to Gaza and not...
Geostrategy
Aramco produces first unconventional tight gas
Dhahran, Saudi Arabia - Aramco, one of the world’s leading integrated energy and chemicals companies, has successfully produced the first...
Business
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Business
UAE’s Tawazun Council signs deals worth $1.27bn at Dubai Airshow
Dubai, UAE - UAE's Tawazun Council, an independent government entity that works closely with the Ministry of Defense and security...
- Four contracts were signed by Tawazun Council on behalf of the Ministry of Defense with local companies, totaling AED 2.7 billion ($740m)
- A contract was signed with “Air Dynamics Solutions” to provide Technical Support and Purchase of Spare Parts and Repair of Aircrafts.
Geostrategy
Israel and Hamas nearing agreement to free hostages: report
Washington, United States - Israel and the Hamas are close to reaching agreements that will make possible to free the...
- The agreement can be announced within several days if the latest issues are resolved, according to the Washington Post op-ed
- According to preliminary agreements, Israeli women and children will be freed in groups simultaneously with Palestinian women and youth currently in Israeli prisons
Geostrategy
Iranian Army reveals advanced Kaman 19 drone
Tehran, Iran – The Army of the Islamic Republic of Iran has made its newest operational drone Kaman-19, a drone...
- Equipped with a specialized engine, the drone is optimized for high-altitude flights, primarily geared towards reconnaissance missions
- What sets the Kaman-19 apart is its prowess in electronic warfare, disrupting enemy radar and electronic systems