Rising threat: DDoS attacks demand proactive defense
"Threat actors can employ artificial intelligence (AI) and machine learning (ML) algorithms to identify vulnerabilities and adapt their tactics in...
SNIC Insurance outsources health insurance to Health 360°
SNIC Insurance will outsource the management of its health insurance to Health 360 due to its international and regional partners...
Iran mired in economic pain as presidential vote nears
Iran's 83 million people are suffering as jobs are scarce, prices are rising Economic crisis brought on by crippling sanctions...
Airline ‘travel pass’ app to go live in Mideast in weeks
Around 60,000 people have been registered to test the system Emirates, Etihad Airways and Qatar Airways among the first to...
China in talks with Abu Dhabi National Energy to buy 10% stake
The negotiations are ongoing and there is no certainty about reaching an agreement Based on its current share price, the...
Most Emiratis believe opening live events only to vaccinated people will help curb Covid
After vaccination, residents most comfortable visiting beaches, parks Fewer people would like to attend weddings, live concerts or travel abroad...
Zain KSA launches campaign to protect children from harmful online practices
Internet Monsters campaign portrays villains from classic fairy tales as evil digital characters The campaign is an extension of the...
Africa Finance Corporation tops 30 member states
Burkina Faso, DRC and Morocco are the latest to join More than half of African nations are now members of...
Emirates Development Bank’s $750 million bond issue subscribed 4 times
EDB rated ‘AA-’ by S&P Global Ratings and Fitch with Outlook Stable The bond issue was subscribed 4 times, resulting...
US, UAE hold economic policy dialogue, resolve to expand engagement
The UAE maintains its position as the US' largest trading partner in the MENA region for the 12th year in...
Middle East Policy Council invites nomination for 40 Under 40 Awards
Nominations can be submitted in eight categories — government, education, academia/think tank, non-profit, journalism, arts and culture, and business The...
Most Read
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
Company News
Latest News
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
Fertiglobe Q3 revenue of $525m
The firm recently launched steps to optimize its cost structure.
Business
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...
Economy
Most Read
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
Geostrategy
Jordan keeps options open in response to Gaza conflict
Amman, Jordan - Jordan has stated that it is considering "all options" in response to what it perceives as Israel's...
- The kingdom refrained from specifying the measures Jordan might take, but the statement comes after the country recalled its ambassador from Israel
- In a significant move, Jordan also declared Israel's ambassador persona non grata, effectively preventing his return to Amman
Business
EDGE acquires 52% of ANAVIA
ANAVIA focuses on developing unmanned helicopters.
- ANAVIA is a Switzerland-based company that specialises in versatile vertical take-off and landing systems of up to 750 kilograms.
- ANAVIA’s unmanned helicopters can be adapted to EDGE's cross-complementary portfolio of air, land and maritime capabilities.