Saudi Arabia offers 50% discount on accumulated traffic fines before April 18
Riyadh, Saudi Arabia - The Saudi Ministry of Interior has announced a significant measure aimed at reducing the burden of...
Economy
flynas receives 50th jetliner out of 120 Airbus A320neo ordered
RIYADH, SAUDI ARABIA – flynas, the Saudi air carrier and the leading low-cost airline in the Middle East and the...
Business
Tesla to accept bitcoin again when greener
Bitcoin are produced by powerful computers that consume huge amounts of electricity in the process Tesla has said it invested...
Algeria cancels France 24’s operating license
Authorities had given the channel a final warning on March 13, over its "coverage of Friday marches" Reporters Without Borders...
ACCA members eligible to apply for UAE Chartered Accountant tag
ACCA members can apply for UAE Chartered Accountant designation AAA and ACCA will agree to share information with technical knowledge...
Abu Dhabi most liveable city in Middle East
The Economist Intelligence Unit's Global Liveability Index ranks 140 most liveable cities in the world Abu Dhabi's top rank attributed...
Hotels in Riyadh earn best rates in three months as travelers fill up rooms
Arab News quoted the research company on Monday that Occupancy stood at 42.8% The growth is due to easing of...
Fashion e-commerce grows in UAE, Saudi
The growth in the sector is mainly attributed to the ongoing Covid-19 pandemic Ounass, a luxury online store, launched in...
SecuLetter webinar to introduce Korea’s cyber-security tech in Mideast
SecuLetter, a company specializing in detecting and blocking malicious code, will highlight various strategies SecuLetter's Middle East Partner, Best IT...
Saudi economy is 30% of $2.39 trillion Arab economy
The kingdom is almost twice the size of the region’s second-largest economy, Egypt The UAE is the third largest Arab...
Ooredoo Kuwait selects Ericsson Charging to improve customer experience
Ericsson platform will support 5G architecture and interfaces Ooredoo Kuwait set to benefit from a leading charging system that provides...
Jabs for votes: Lebanon’s oligarchs turn to Covid bribery
Vaccine-for-vote system draws on practices that have seen leaders buy their way into the office Of the 900,000 people who...
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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
Saudi Arabia offers 50% discount on accumulated traffic fines before April 18
Riyadh, Saudi Arabia - The Saudi Ministry of Interior has announced a significant measure aimed at reducing the burden of...
Economy
Company News
Latest News
Jordan signs two deals worth $140m for water sector development
Amman, Jordan - Jordan's government has signed two deals with the German KfW Development Bank to secure a financial package...
Economy
SEC reports $1.55bn Q3 profit
The company attributes the growth to surge in demand.
18 hospitals forced to close their doors in Gaza: report
Dubai, UAE - Eighteen hospitals in the Gaza Strip were forced to end their work in the Gaza Strip amid...
Geostrategy
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Economy
Marafy: Saudi Arabia unveils another ambitious megacity project
Riyadh, Saudi Arabia - Saudi Arabia has revealed plans for a remarkable megacity project named Marafy, following in the footsteps...
- Marafy is set to become an urban center located to the north of Jeddah, offering a stunning waterfront reminiscent of London's iconic landscape
- The city will follow the ongoing construction of Neom on the Red Sea coast, spearheaded by Crown Prince Mohammed bin Salman
Business
Batelco launches mobile peering service in MENA region
Manama, Bahrain - Batelco, part of the Beyon Group, announces its latest service “Mobile Peering” for members of the platform....
- The many benefits of this service include enhanced network efficiency and reduced latency by establishing direct connections between mobile providers
- Exchanging mobile traffic directly with other mobile networks results in a better roaming experience for the mobile operators’ end users
Economy
Dubai approves $67bn budget to stimulate economic recovery
Dubai, UAE - Dubai government's general budget for the fiscal cycle of 2024-2026 includes total expenditures of $67.16 billion (AED...
- A total of 34% of total government expenditures of the 2024 budget goes to the social development sector in the areas of health, education, and scientific research
- Spending on infrastructure, including roads, tunnels, bridges, transportation, sewage stations, parks, and renewable energy sources accounts for 42% of total spending