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
UAE suspends coordination of humanitarian aid with Israel
Dubai, UAE - The United Arab Emirates (UAE) has decided to halt its coordination of humanitarian aid with Israel following...
Geostrategy
Abu Dhabi announces updated list of ‘green’ destinations
*Passengers from Green List destinations only need PCR testing upon arrival at Abu Dhabi Airport *Green List countries will be...
Upbeat sentiments driving UAE stocks
A total of Dh1.235 bn in deals were conducted in ADX while DFM saw Dh212 million in deals Emaar Properties...
Tunisia ‘trailblazer’ in Mediterranean seaweed farming
Red seaweed or algae is used for gelling, thickening and texturing agents FAO aquaculture expert Hamza said seaweed farming presented...
Subex, Spire Solutions partner to address cyberattacks in Middle East
The volume of inbound cyberattacks grew by 67 percent in the first 4 months of 2021 Subex's latest threat landscape...
Israelis taste the future with lab-grown meat
Developers said they are working to provide more ethical and sustainable ways to create cruelty- and slaughter-free meat Global meat...
4 French executives charged with spying on opposition Libya, Egypt figures
The former chief of Amesys, Philippe Vannier, was charged in Paris last week with "complicity in acts of torture" Olivier...
Cruises set to return to Abu Dhabi
In 2019, around 500,000 cruise visitors had arrived in the Emirate’s ports, marking a 46 percent increase compared to 2018...
Mubadala’s satellite unit IPO on the cards in Abu Dhabi
Mubadala will follow it up with its aluminum venture It is intended to strengthen Abu Dhabi bourse The initial public...
Trella closes US$42m funding round
Proceeds will be used by Trella to invest in tech capacity and product development to fuel growth Trella connects shippers...
Women’s economic empowerment SheTrades initiative launched in Egypt
SheTrades aims to connect 3 million women, entrepreneurs, to markets by the end of 2021 The Egyptian chapter of the...
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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
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
Company News
Latest News
Salman Khan’s ‘Tiger 3’ faces ban in Kuwait, Oman and Qatar
Dubai, UAE - The much-anticipated Hindi-language action film Tiger 3, starring Salman Khan and Katrina Kaif, has reportedly been banned...
Business
Emiratization: CBUAE to provide financial sector job opportunities
Abu Dhabi, UAE - The CBUAE will provide UAE nationals with job opportunities across various banking and insurance specializations in...
Economy
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Geostrategy
Israeli bombing leaves Gaza with no safe zones, says Russia to UN
New York, USA - There are no safe zones left in Gaza amid Israeli strikes, Russian Permanent Representative to the...
- "(Israel’s) deliberate strikes on civilian facilities are a blatant violation of international humanitarian law," said Russian envoy to the UN.
- The Israel Defense Forces (IDF) meanwhile reported that the Israeli military has taken control of 11 military posts of the Palestinian group Hamas.
Economy
Oil prices edge up on Iraq’s backing for OPEC+ output cuts
New York, United States - Oil prices saw a modest 2% increase on Friday, boosted by Iraq's expressed support for...
- The market witnessed substantial short covering as the week unfolded, partly fueled by Iraq's commitment to OPEC+'s production level agreements
- Looking ahead, OPEC+ is scheduled to meet on November 26, where discussions on production levels and potential supply adjustments will take center stage
Business
Saudi EXIM Bank signs deals with African banks and institutions worth $185m
Riyadh, Saudi Arabia - Saudi EXIM Bank has signed multiple agreements and memoranda of understanding (MoUs) with African banks and...
- Saad Al-Khalb, the CEO of the Saudi EXIM Bank, signed Line of Credit agreements worth $185 million to finance Saudi exports of goods and services
- The agreements aim to support African economies, enhance trade and economic exchange between Saudi Arabia and African countries