Urgent need for ‘global approach’ on AI regulation: UN tech chief
Geneva, Switzerland -- The world urgently needs to find a global approach on regulating artificial intelligence, the United Nations' top...
Geostrategy
8 killed in overnight strikes on Israel, Iran’s defense headquarters hit
In the central region, at least four people, including a 10-year-old boy, were killed and around 100 others wounded in...
Geostrategy
Economy
Oman issues Treasury Bills worth US$181m this week
MUSCAT, OMAN – The Central Bank of Oman (CBO) has announced that the total issuance of Treasury Bills amounted to...
- The value of the allotted Treasury Bills amounts to US$12.9 million for a maturity period of 28 days.
- The value of the allotted Treasury Bills amounts to US$74 million for a maturity period of 91 days.
Business
Saudi EXIM bank surpasses 2023 credit goals by 33%
Riyadh, Saudi Arabia -- The Saudi EXIM Bank has given credit facilities amounting to SAR16.5 billion ($4.455 billion), surpassing the...
- One significant achievement was a credit facility agreement valued at $503.9 million with Trafigura Company, a major international export house
- The agreement aims to facilitate Saudi non-oil exports to over 150 countries, contributing to the objectives of the Kingdom's Vision 2030
Business
Shipping service connecting India, South East Asia with Saudi Arabia comes up
RIYADH, SAUDI ARABIA – VASI Shipping Pte Ltd has introduced a new shipping service IMS at King Abdulaziz Port in...
- This service aims to enhance its strategic partnerships with major international shipping lines, support the maritime sector.
- This initiative represents a significant step in bolstering the role of King Abdulaziz Port in Dammam in enhancing the maritime transport sector.
Al-Azhar Ash-Sharif celebrates 1084th anniversary
Cairo, Egypt - Historic al-Azhar Mosque marked its 1084th anniversary of its founding on March 17, celebrated by al-Azhar ash-Sharif...
- The event, held annually on the seventh day of Ramadan, features various activities highlighting the mosque's rich history
- The history of the establishment of the Al-Azhar Mosque dates back to the year 970 by the Fatimid Caliph Al-Muizz Li-Din Allah
Arts & Culture
Riyadh set to debut historic Saudi opera ‘Zarqa Al-Yamama’ on April 25
Riyadh, Saudi Arabia - The capital city of Riyadh is abuzz with excitement as preparations are underway for the premiere...
- The opera is poised to make history as the first grand opera produced in the Kingdom and the largest Arabic grand opera ever staged
- The opera revolves around the legendary figure of Zarqa al-Yamama, a woman from the Geddes tribe known for her foresight and sharp intuition
Geostrategy
Passports officers to ease travel for Ramadan at Dammam airport and causeway
DAMMAM, SAUDI ARABIA – With the increase in passenger traffic during Ramadan, the General Directorate of Passports is ramping up...
- The directorate's officers in Dammam are utilizing modern technology to expedite procedures and ensure smooth and efficient traveler traffic.
- The directorate's officers at both locations are working tirelessly, welcoming travelers and providing services professionally.
Science
Gemini’s inaccurate AI racial images warn of tech titans’ power
AUSTIN, US – For people at the trend-setting tech festival here, the scandal that erupted after Google's Gemini chatbot cranked out...
- Gaffes such as the images of ethnically diverse Nazi troops forced Google to temporarily stop users from creating pictures of people.
- Social media users mocked and criticized Google for historically inaccurate images, like those showing a female black US senator from the 1800s.
Geostrategy
Noura Al Kaabi leads UAE’s delegation to UN Commission on the Status of Women
NEW YORK, US – Minister of State Noura Al Kaabi led the United Arab Emirates’ delegation to the 68th session...
- Delivering the UAE’s national statement in the CSW68 General Debate, Al Kaabi emphasised the need to protect Palestinian women and girls.
- She participated in a ministerial roundtable on mobilizing financing for gender equality and the empowerment of all women and girls
Business
Saudi Arabia takes part in global mineral and mining meet in Canada
RIYADH, SAUDI ARABIA – A delegation comprising several entities from the Kingdom’s industry and mineral resources' system participated in PDAC...
- The Saudi delegation held meetings with teams from Canada, the Czech Republic and Ecuador.
- These are part of the 85 meetings they will hold with officials of countries and global firms participating in the event.
Middle East poised to lead global crypto surge as Bitcoin eyes $100,000
Geneva, Switzerland - A major new study released by The Lancet Neurology shows that, in 2021, more than 3 billion people worldwide...
- Neurological conditions are now the leading cause of ill health and disability worldwide
- The overall amount of illness and premature death caused by neurological conditions has risen by 18% since 1990
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
Urgent need for ‘global approach’ on AI regulation: UN tech chief
Geneva, Switzerland -- The world urgently needs to find a global approach on regulating artificial intelligence, the United Nations' top...
Geostrategy
Company News
Latest News
Loyalty Lost: How brands need to adapt to the modern traveler
Dubai, UAE: As 2025 unfolds, travel brands are facing a significant challenge: customer loyalty. Traditional rewards programmes, often based on points systems,...
Business
Gen Z travellers in UAE seek purposeful, tech-enabled journeys: Wyndham study
Dubai, UAE - Gen Z travellers in the UAE are reshaping the future of tourism, prioritizing cultural immersion, sustainability, and...
The game of ‘chicken’ being played with the world economy can be brought to a cooperative end
A meaningful “G3” accord between the US, Europe, and China must include coordinated fiscal, monetary, development, and trade policies. From...
Economy
Most Read
Geostrategy
Israel PM accuses security chief of investigating minister without his consent
Prime Minister Benjamin Netanyahu on Monday accused Israel's internal security chief, whose dismissal was blocked by the supreme court, of...
- "The claim that the prime minister authorised Shin Bet chief Ronen Bar to gather evidence against Minister Ben Gvir is yet another exposed lie," Netanyahu said
- He was responding to a report that Bar's agency had spent months investigating far-right infiltration of the police and its links to Ben Gvir
Geostrategy
Israel presses ground offensive in Gaza, encircles part of Rafah city
Israel's military pressed ground operations across the Gaza Strip on Sunday, encircling part of Rafah city near Egypt almost a...
- Israeli troops on Sunday encircled Tal al-Sultan in Rafah, the military said in a statement, adding its objective was to dismantle terrorist infrastructure
- Three weeks ago Israel blocked the entry of humanitarian aid into Gaza and cut electricity in a bid to force Hamas to accept the Israeli terms for an extension of the truce
Business
Layali Diriyah: Blending scents of history, culture, global flavors
Riyadh, Saudi Arabia - Surrounded by the natural emblem of palm trees, Layali Diriyah during Ramadan radiates a distinctive ambiance,...
- The ambiance merges ancient heritage with modern luxury, creating a memorable atmosphere for visitors
- Guests enjoy a fusion of authentic traditions and contemporary elements, complemented by diverse international cuisines