Debt, trade barriers drag Asian economies in 2024, says World Bank report
BANGKOK, THAILAND – Asian economies are not doing as well as they could and growth in the region is forecast...
Economy
Digital transformation fuels GCC banks’ growth
The banking sector across the GCC has demonstrated formidable growth and profitability, with Qatar leading in several key performance indicators,...
Business
UAE, Israel sign tax treaty to boost economic ties
The signing of the treaty came after the normalization of ties between them The treaty is based primarily on the...
UAE tells firms to disclose identity of owners or face action
The companies must come clean by next month The ultimatum was delivered by Safia Al-Safi, the director of the Anti-Money...
New version of Khaleeji Mobile App launched
The new App version offers an integrated range of banking services, financial solutions KHCB is a leading Islamic bank that ...
UAE: AXA offers AXA Life Protect
The plan provides coverage against the loss of life due to accident or sickness Be it household expenses, servicing personal...
Huawei bats for ‘all-flash’ data centre in ‘the intelligent age’
The amount of data to be stored will rise from 32 ZB in 2018 to 180 ZB by 2025 Building...
Etihad Airways issues guidance for travellers after green list update
Italy lifts quarantine on arrival Bahrain, Greece and Seychelles welcome fully vaccinated travellers Now, passengers arriving from Germany, Spain and...
Sharjah industry body to send trade mission to Russia in September
The delegation will look to strengthen economic ties, develop industries, improve trade exchanges with their Russian counterparts The center is...
Nichole Miranda is SOCIATE’s Communications Strategist
SOCIATE is a communications agency headquartered in Dubai Miranda heads the SOCIATE UK office from London Copywriting specialist, Nichole...
UNWTO’s first regional office opens in Riyadh
Office will serve as a coordinating hub across 13 countries in the Middle East Best Tourism Villages of the World...
Foreign assets up to bn $106 bn: UAE Central Bank
Abu Dhabi’s quarterly average Financial Market Index rose by 17% in Q1 Dubai’s quarterly average Financial Market Index showed a...
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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
Debt, trade barriers drag Asian economies in 2024, says World Bank report
BANGKOK, THAILAND – Asian economies are not doing as well as they could and growth in the region is forecast...
Economy
Company News
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Rani R Raad is new CEO of IMI
Business
Americana Restaurants reports $1,897m revenue
The company's adjusted EBITDA reaching $446.5 million.
Saudi defense minister meets Blinken, Lloyd over Gaza war
Washington, United States - Saudi Minister of Defense, Prince Khalid bin Salman bin Abdulaziz met the US Secretary of State...
Geostrategy
No-oil trade between UAE, Jordan reached $4.5 bn in 2022
Abu Dhabi, UAE - The non-oil trade volume between the UAE and Jordan has reached AED16.5 billion ($4.5 billion) in...
Economy
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Geostrategy
Around 420 children killed or injured in Gaza daily: UNICEF
Rabat, Morocco - On average, around 420 children are killed or injured every day in Israel’s attacks on the Gaza...
- Reportedly more than 3,450 children killed; staggeringly this rises significantly every day, UNICEF spokesperson said.
- Women and children constitute about 70% of those killed in the Gaza Strip, UNRWA official Philippe Lazzarini said
Geostrategy
The ‘Pax Americana,’ the ‘American world’ with a single hegemon is crumbling: Putin
Novo-Ogaryovo, Russia: The United States and its satellites are benefiting from conflicts in the Middle East and other parts of...
- The US as a global superpower is becoming weaker, losing its positions, and everyone sees it, understands it, Russian president said
- The United States ruling elites and their satellites are the major beneficiaries of the global instability, Putin said about conflict in Gaza
Geostrategy
Biblical-scale catastrophe unfolding in Gaza Strip: Russia’s UN envoy
United Nations, New York - A humanitarian catastrophe on a biblical scale is unfolding in the Gaza Strip, Russia’s Permanent...
- The number of fatalities in the enclave has surpassed 8,000 people, half of whom are women and children, the envoy pointed out
- Over 2,000 people remain under the rubble, more than 21,000 sustained wounds while internally displaced people number 1.6 million, he added