Iran offers no response to Israeli strike, if US-secures Gaza truce: report
The Damascus airstrike targeted the Iranian consulate, resulting in the death of IRGC commander Mohammad Reza Zahedi and several other...
Geostrategy
Jordanian industrialists call for export diversification
AMMAN, JORDAN – Jordanian industrialists have emphasized the imperative of strategic planning to bolster export diversification, underlining key measures such...
Business
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...
Public schools in UAE set to welcome back students on August 29
UAE public schools will reopen for physical learning on August 29 for the academic year 2021-22 The announcement was made...
Post-merger Saudi fund to rival world’s biggest
The merger would reduce costs and help increase investment returns The merged entity now boasts of assets worth $250 billion...
Saudi traders can now receive payment from patrons with a smartphone
“Tap to phone” solution uses near-field communication technology The move is in line with Saudi Arabia’s goal to modernize its...
Saudi Arabia’s Bank Aljazira taps into debt market
Saudi Arabia’s Bank Aljazira will issue US-denominated capital certificates that could reach up to $500 million, the Saudi bank said...
Qatar most peaceful country in MENA region
Qatar ranked the 29th most peaceful country by the Global Peace Index, two places higher than last year's ranking Violence...
UAE Microsoft Cloud centers have a positive impact on economic growth
A study has shown Cloud ecosystem will generate $27 billion in the next four years Microsoft and its partner ecosystem...
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Iran offers no response to Israeli strike, if US-secures Gaza truce: report
The Damascus airstrike targeted the Iranian consulate, resulting in the death of IRGC commander Mohammad Reza Zahedi and several other...
Geostrategy
Company News
Latest News
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...
Geostrategy
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
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Business
Dubai Land Department calls for engaging accredited valuation offices
DUBAI, UAE – The Dubai Land Department (DLD) is committed to providing property owners with easily accessible resources to reinforce...
- The list of accredited valuation offices is available on DLD’s official website and the Dubai REST app.
- This will help ensure a fair and transparent approach concerning real estate assets and liabilities.
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