ATM 2024 in Dubai to host 2,300 exhibitors from 165 countries
Dubai, UAE - The 31st edition of Arabian Travel Mart, 2024, taking place from May 6 to May 9, is...
Business
Iran top security body: Response to Israeli aggression based on Article 51 of UN Charter
Iran’s Supreme National Security Council (SNSC) says the Iranian armed forces’ attack on the Israeli regime was carried out based...
Geostrategy
Business
OpenAI faces leadership crisis as staff threaten to follow Altman to Microsoft
This mass discontent follows the unexpected dismissal of OpenAI co-founder Sam Altman, whose leadership in AI advancements like ChatGPT has...
- This mass discontent follows the unexpected dismissal of OpenAI co-founder Sam Altman, whose leadership in AI advancements like ChatGPT has been crucial.
- Reports had also been circulating that Altman is planning to launch a new AI venture and announcement was expected as soon as this weekend
Geostrategy
Manama Dialogue helps in addressing political, security challenges, says GCC
MANAMA, BAHRAIN – Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi has said that the hosting of...
- The conference brings together global senior officials and experts to exchange ideas and theories about common challenges.
- It will help in understanding and analyzing issues, promoting security, peace, prosperity and supporting sustainable development.
UAE’s FANR grants operating license for unit 4 of Barakah Nuclear Power Plant
Dubai, UAE - The Federal Authority for Nuclear Regulation (FANR), serving as the UAE's independent nuclear regulatory body, has officially...
- The UAE Nuclear Programme will play a key role in providing 25% of clean energy
- UAE adheres to international conventions and agreements on nuclear transparency
Business
‘X’ new update includes job search feature, now live on the web
Washington, United States - The X platform has launched a new update that includes the job search feature, which provides...
- A job search tool similar to the LinkedIn platform is now available on X's website
- X reported back in September that “hundreds” of companies had listed open roles in the app
Geostrategy
Palestinian issue has only two-state solution: Erdogan
Ahead of his trip to Germany, Erdogan ramped up his verbal attacks against Israel, calling it a "terror state" and...
- Erdogan was speaking about the recognition of the sovereignty of the states of Israel and Palestine, with the latter having East Jerusalem as its capital
- Erdogan is on a highly controversial visit to staunch Israel defender Germany, made more tricky by his recent accusations directed at Israel
Business
Google launches new AI features for organizing photos
Washington, United States - Google said on Thursday that Google Photos now groups together similar photos and organizes screenshots and...
- Google Photos will automatically identify and group similar photos that were taken close together into Photo Stacks
- The company is also applying the technology to screen shots and important documents stored on a user's phone
Business
UAE awards EDGE $65m contract to supply unmanned aerial systems
Abu Dhabi, UAE – ADASI, the EDGE Group entity, a regional leader in autonomous systems and services, said on Thursday...
- Aimed at further advancing air operations, GARMOOSHA is an unmanned aircraft designed to carry payloads of 120kg with a range of 150km
- With a low-consumption fuel engine, its sensor capabilities make it a versatile system capable of solving some of the most difficult challenges
UAE to build 3 desalination plants to supply Gaza with water
Abu Dhabi, UAE - The UAE is building three desalination plants in Rafah to supply Gaza with water as part...
- The production capacity of each plant is 200,000 gallons per day with a total of 600,000 gallons, benefiting 300,000 people per day.
- The initiative also provides volunteering opportunities for doctors registered with the Ministry of Health and Prevention and the Department of Health Abu Dhabi
Economy
Fitch maintains ‘A+’ rating of Saudi Arabia’s PIF, outlook stable
Riyadh, Saudi Arabia - Global credit agency Fitch Ratings has reaffirmed Saudi Arabia’s Public Investment Fund's (PIF) long-term foreign- and...
- The agency highlighted the PIF’s robust financial autonomy and its critical role in bolstering Saudi Arabia’s non-oil gross domestic product
- Fitch notably expressed the far-reaching consequences of a potential PIF default, foreseeing adverse effects on Saudi Arabia's Vision 2030 goals
Science
Bayanat, Yahsat, ICEYE increase Middle East satellite fleet to 7
Abu Dhabi, UAE – Bayanat, a leading provider of AI-powered geospatial solutions, and Al Yah Satellite Communications Company (Yahsat), the...
- The expansion of the constellation means that orbiting satellites will revisit the Middle East more frequently
- Using radar signals rather than light, the SAR satellite images deliver persistent monitoring of specific locations on the Earth’s surface
ATM 2024 in Dubai to host 2,300 exhibitors from 165 countries
Dubai, UAE - The 31st edition of Arabian Travel Mart, 2024, taking place from May 6 to May 9, is...
Business
Company News
Latest News
Time to recognize the State of Palestine: Saudi foreign minister at OIC session
Jeddah, Saudi Arabia — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan has emphasized the unanimous rejection of the...
Geostrategy
UAE F&B sector set to soar, projected to reach $20bn in 2024
Dubai, UAE - The UAE’s foodservice market is poised to reach $19.98 billion in 2024, with further projections indicating a substantial...
Saudi Arabia takes the lead in global road connectivity rankings: minister
Riyadh, Saudi Arabia - Saudi Arabia has earned the distinction of being the world's most connected country in terms of...
Economy
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Business
Dubai International Boat Show helps in marine business
DUBAI, UAE – Dubai International Boat Show has wrapped up following a hugely successful week of high-value boat sales, important...
- The exhibition is recognized as one of the most influential boat shows in the world.
- The exhibition has wrapped up following a hugely successful week of boat sales.
Business
Middle East emerges as a major player in global CEO appointments: report
Dubai, UAE - The Middle East has emerged as a prominent player in global CEO appointments, securing 68 out of a...
- Companies in the region boasting the highest global percentage of CEOs with prior C-suite experience, standing at an impressive 90 percent
- Surprisingly, the Middle East also leads globally in terms of CEO age, boasting the youngest average CEO age at 54.5 years
Business
89% of Saudi CEOs hopeful of kingdom’s economic growth over next 12 months
Riyadh, Saudi Arabia - About 89% of CEOs in Saudi Arabia are optimistic about the country's economic growth over the...
- A remarkable 71% of Saudi CEOs have observed a 5% or more increase in market share over the past three years, surpassing the global average of 49%
- The Vision 2030 initiative, with its focus on reducing oil dependency, has propelled Saudi Arabia to the 17th largest global economy by GDP size in 2022