Saudi Arabia offers 6 mining opportunities for local, international investors
Riyadh, Saudi Arabia - The Saudi Ministry of Industry and Mineral Resources on Wednesday announced six new mining opportunities for...
Economy
Gross written premium rises by 12.7% in Q4 2023 to US$14bn, says CBUAE
ABU DHABI, UAE - The UAE insurance sector continued to grow in Q4 2023, as reflected by the increase in...
Economy
UAE Central Bank’s gold reserves swell to $3.1 billion in April
The bank in its latest figures released on Thursday showed steady growth in gold reserves The reserves shot up by...
Dh54.8 bn investments by UAE banks in various asset classes
The investments were made in held-to-maturity securities, debt securities, equities, other vehicles Other investment instruments valued Dh46.6 bn by end...
Saudi Chemical, GlaxoSmithKline enter into $27m manufacturing deal
New partnership would help create more jobs for Saudis in the Kingdom’s pharmaceuticals sector The partnership is in keeping with...
Commercial Bank of Qatar to buy 15% stake in National Bank of Oman
Qatari bank will pick up fifteen percent stake for $128 million Banks generally try to keep a majority stake in...
Nestle, LuLu join hands to promote use of reusable grocery bags
Some 100,000 bags to be provided to shoppers at LuLu Nestlé claims to be committed to improving packaging and reducing...
Luxembourg-UAE ties to expand beyond financial services: minister
At present, financial services form Luxembourg's biggest export to UAE Future economic ties to also focus on will space, fourth...
Iraq’s last gas bottle delivery crooner dreams of stardom
*Mountazar Abbas, the last gas bottle deliveryman, says the trade is tough and badly paid *The tradition of the singing...
UAE desires broader trade relations with Iraq
The ambassador of the UAE Al Zaabi made this statement during his visit to the Federation of Iraqi Chambers of...
GISEC 2021: Strategies for ‘guarding the digital vault’ discussed
GISEC 2021 is the Middle East’s most influential and connected cybersecurity event International chief information security officers (CISOs) map out...
ADX lists US$1 billion bonds issued by Abu Dhabi Ports
The 10-year bonds, with a primary listing on the London Stock Exchange, rated A+ (stable) by both S&P and Fitch ...
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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 6 mining opportunities for local, international investors
Riyadh, Saudi Arabia - The Saudi Ministry of Industry and Mineral Resources on Wednesday announced six new mining opportunities for...
Economy
Company News
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Kuwait City is the Middle East’s most polluted, Baghdad is next
Dubai, UAE - As New Delhi once again topped the list of the world’s most polluted cities, across the Middle...
US uses unarmed Pentagon assets to locate hostages in Gaza: US official
Washington, United States - The US is using unarmed assets of the Department of Defense to help locate hostages held...
Geostrategy
Saudi Arabian ministry issues 174 industrial licenses
RIYADH, SAUDI ARABIA – The Kingdom’s Ministry of Industry and Mineral Resources announced issuing 174 new industrial licenses in September,...
Business
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Geostrategy
Hamas ready to swap prisoners with Israel, says official
NEW YORK, US - Hamas is ready for a "complete compromise" deal on the issue of swapping hostages with Israel,...
- The Hamas representative said that the group wants to continue fighting against the occupation.
- The group said that it has the legal right to fight against the occupation under international law.
UAE president, rulers of Emirates celebrate flag day
Abu Dhabi, UAE -- The UAE President Sheikh Mohamed bin Zayed Al Nahyan and the Supreme Council Members, rulers of the Emirates,...
- The leaders expressed their utmost pride on this precious occasion, stressing that the celebration symbolizes their unity
- The Flag Day was first celebrated in 2013 to celebrate the accession of Sheikh Khalifa as President of the UAE in 2004
Geostrategy
Blinken’s visit to Israel to focus on minimizing civilian casualties
Washington, United States - US Secretary of State Antony Blinken who arrived in Israel today on a diplomatic visit will...
- Blinken also intends to focus on the future of Gaza post-Hamas, exploring avenues for humanitarian aid to reach the area and strategies to prevent the conflict from spreading
- The conflict in Gaza, which began when Hamas militants breached the border on October 7, has resulted in a significant loss of life and an escalating humanitarian crisis