Global football stars choose Red Sea destination for holiday
TABUK, SAUDI ARABIA – A few days ago, the Red Sea destination hosted several international football stars from Saudi Pro...
Business
Abu Dhabi Chamber sets up working group to support startups, SMEs
ABU DHABI, UAE – The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has formed a working group specifically for...
Business
UAE to curb terror financing, money laundering in gold trading businesses
The companies were asked to speed up the amendment of their conditions to avoid penalties stipulated by the Federal Law...
Saudi Arabia clamps down on anti-vaxxers
The country of 34 million has already administered 12 million doses Over 7,200 people have died of coronavirus in the...
Qatar backs Libya’s UN-backed political process
Libya has experienced a decade of conflict and foreign interference Several countries have reopened embassies since Libya's new government took...
UAE offers to mediate between Israel, Palestine
Egypt has been instrumental in a recent Israel-Palestine ceasefire in the region The UAE has said the "Abraham Accords" would...
Morocco bristles as Spain fetes Western-Saharan independence movement leader
Ghali has been receiving treatment for Covid-19 in northern Spain since April Morocco said the 75-year-old had entered Spain with...
Creditors appoint financial advisers to oppose Emirates REIT $400 million exchange offer
Rothschild, Clifford Chance to challenge Emirates REIT’s $400 million exchange bid Creditors likely to make a better counter offer A...
No jurisdiction to decide Suez Canal claims: Egyptian court
The court refers the dispute between the Suez Canal Authority and Ever Given to a lower court The ship company...
Bashar al-Assad likely to emerge winner, in a poll seen as mere ritual
Assad has cast himself as the sole architect of a reconstruction phase for the war-ravaged country Having overseen total destruction...
Cairn case: Indian state-owned banks not to withdraw overseas funds
Vested parties have orchestrated such reports, Indian Ministry of Finance said Cairn dispute relates to transfer of shares by Cairn...
Emirates to resume flights to Venice from July
The airline will also increase its flights to Milan Travelers must also take a Rapid Antigen swab test on arrival...
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
Global football stars choose Red Sea destination for holiday
TABUK, SAUDI ARABIA – A few days ago, the Red Sea destination hosted several international football stars from Saudi Pro...
Business
Company News
Saudi Arabia to register 50,000 urban heritage assets
Arts & Culture
Latest News
SABIC Agri-Nutrients profit falls
SABIC Agri-Nutrients Q3 net profit fell 55% to $280 million.
Business
Saudi Fund for Development signs $100m loan pact to support the water sector in Argentina
Riyadh, Saudi Arabia - Saudi Fund for Development (SFD) on Sunday signed a $100 million loan agreement to support the...
Economy
Russian ambassador summoned by Israeli over Hamas visit to Moscow
Moscow, Russia - Israeli authorities have summoned the Russian Ambassador to Israel, Anatoly Viktotov, in response to a recent visit...
Geostrategy
Most Read
Business
Mubadala issues its first-ever Green Bond for $750m
Abu Dhabi, UAE - Mubadala has issued its first-ever Green Bond for US$750 million with a tenor of 10.5 years,...
- The order books peaked at more than $6 billion with robust demand from local, European, Asian, and American accounts
- The transaction further diversified Mubadala’s debt investors base by bringing in new investors, as a large proportion of demand came from new investors
Business
Oil prices surge 3 percent amid Middle East tensions
New York, United States - Oil prices experienced a 3% surge on Friday, reaching a one-week high, driven by escalating...
- Brent crude futures increased by $2.55, or 2.9%, settling at $90.48 a barrel, while US West Texas Intermediate (WTI) crude saw a rise of $2.33, or 2.8%, closing at $85.54
- The widening gap between Brent and WTI prices, reaching its highest level since March, is making it more enticing for energy firms to export crude from the U.S.
Arts & Culture
Two falcons sold for $41,067 at Saudi Falcons Club Auction
Riyadh, Saudi Arabia - Two falcons were sold for 154,000 Saudi Riyals ($41,067) amid a large turnout of falcon enthusiasts...
- The auction is held as part of the Saudi effort to promote the falconry heritage and support falcon breeders and enthusiasts in the Kingdom
- The auction also seeks to support falconry investment, develop falcon auctions, and regulate the buying and selling of falcons