Trump to close deal-making Gulf tour in UAE, announces big Boeing order for Qatar Airways
US President Donald Trump on Thursday closes a Middle East tour in the United Arab Emirates as he focuses squarely...
Geostrategy
Geostrategy
Keir Starmer, former human rights lawyer, may be Britain’s next prime minister
Labour heads into its annual conference in Liverpool, northwest England, this weekend enjoying double-digit leads in opinion polls ahead of...
- When Starmer took charge of the party three years ago after the disastrous reign of socialist Jeremy Corbyn, he vowed to unite it and get it back on a path to power
- The 61-year-old has moved the main opposition back to the centre ground, quietened dissent among the left, and rooted out anti-Semitism within its ranks
Geostrategy
Iraqi Prime Minister to visit Moscow for talks with Russian president
Baghdad, Iraq - Iraqi Prime Minister Mohammed Shia Al-Sudani is scheduled to embark on a two-day visit to Moscow from...
- Prime Minister Al-Sudani is set to leave Iraq on October 9, with a planned meeting between him and President Putin on October 10
- Iraqi state media previously reported that the trip would serve as an opportunity to strengthen ties and foster collaboration between the two nations
Geostrategy
Israeli minister’s historic address in Saudi Arabia marks diplomatic turning point
Riyadh, Saudi Arabia - In a historic diplomatic event, Israeli Communications Minister Shlomo Karhi delivered a speech in Saudi Arabia...
- Karhi, dressed in a blue suit and a crocheted skullcap, addressed the audience in English from his seat, holding a handheld microphone
- US Secretary of State Antony Blinken is reportedly scheduled to visit Israel and the West Bank, indicating the continued commitment to the diplomatic process
Economy
UAE Vice President forms Board of Investment Corporation of Dubai
Dubai, UAE - Vice President and Prime Minister of the United Arab Emirates Sheikh Mohammed bin Rashid Al Maktoum has...
- The board will be chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai
- Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, will serve as a Vice Chairman of the Board
Business
flynas adds 5 Airbus A320neo, total fleet now 56
Riyadh, Saudi Arabia – Saudi “flynas” airline announced the delivery of five A320neo aircraft to increase its all-Airbus fleet to...
- The latest deliveries come as part of the expansion plan launched under the title "We connect the world with the Kingdom."
- flynas connects more than 70 domestic and international destinations with more than 1,500 weekly flights
Al-Hilal of Saudi Arabia beats Iran’s Nassaji with hat-trick in AFC Champions League
Riyadh, Saudi Arabia - Saudi Arabia's Al-Hilal FC achieved an important victory over its Iranian host, Nasaji Mazandaran, with three...
- Serbian Aleksandar Mitrovic scored the first goal for Al-Hilal in the 18th minute, and Brazilian star Neymar Jr. netted in the 58th minute
- With this result, Al-Hilal raised its standing to share the top spot in Group 4 with Uzbekistan's Navbakhor, with four points each
Business
Miss Universe Bahrain and Pakistan promote halal and wellness tourism in Philippines
Dubai, UAE - : Recently crowned Miss Universe Queens Miss Universe Bahrain 2023 Lujane Yacoub and Miss Universe Pakistan 2023...
- The two Miss Universe queens arrived in Manila this weekend to collaborate with the Philippine Department of Tourism in promoting its ‘Halal and Wellness Tourism’ campaign
- With the Muslim travel market forecast to reach $225 billion by 2028, the Philippines’ government is trying to attract visitors from Muslim-majority countries
Geostrategy
Jazan City for Primary and Downstream Industries exports first shipment to US
JAZAN, SAUDI ARABIA - The Jazan City for Primary and Downstream Industries has marked a significant milestone with the departure...
- The ship is laden with 37,000 tons of iron steel foundry product, representing the first-ever production of this commodity within the Kingdom.
- The city's port has extensive capabilities and advanced logistical transportation services, making it a hub for trade exchanges in Saudi Arabia.
Business
Global energy demand to rise 25% by 2045: OPEC chief
Abu Dhabi, UAE - Global demand for all forms of energy is forecast to rise by 25% through 2045, according...
- No single energy source can meet the world's growing needs as the economy expands and the population increases, Al Ghais said
- He added that despite some setbacks, global growth continues, and he was optimistic about future oil demand
Business
Masdar enters Tajikistan market with plans to explore 500MW clean energy projects
Abu Dhabi, UAE - UAE’s clean energy powerhouse Masdar expands Central Asian presence with agreement to explore ground-mounted solar, onshore...
- MW Energy, a joint venture between Abu Dhabi Future Energy Company – Masdar and W Solar Investment, has signed an agreement with Tajikistan’s Ministry of Energy
- The collaboration will focus on the development of solar photovoltaic (PV), wind, and hydropower projects through a Public-Private Partnership (PPP)
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Trump to close deal-making Gulf tour in UAE, announces big Boeing order for Qatar Airways
US President Donald Trump on Thursday closes a Middle East tour in the United Arab Emirates as he focuses squarely...
Geostrategy
Company News
Latest News
ADNOC buys 25% stake in OMV
Business
QFC signs two MoUs
Business
Beyonce album highlights the Black women changing country music
Nashville, United States - "Twenty-three in Music City / With dreams and high-heeled boots / Singin' for a crowd of blue...
Arts & Culture
Visa-free policies make Middle East preferred destination for Chinese travelers
Dubai, UAE - As China's outbound tourism steadily rebounds from the pandemic's impact, the Middle East is emerging as a...
Economy
Saudi RCU begins rock excavation for Sharaan Resort in AlUla
ALULA, SAUDI ARABIA – The Royal Commission for AlUla (RCU) has marked a significant milestone in the development of the...
Arts & Culture
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Business
Aramco CEO highlights collaboration with Beijing at forum in China
AL-DHAHRAN, SAUDI ARABIA – Aramco President and CEO Amin Nasser outlined the potential for stronger collaboration with Chinese partners in...
- The CEO acknowledged China's economic growth in recent decades, and expressed admiration for the country’s ability to overcome challenges.
- He underscored the possibility of fostering broader economic globalization by strengthening ties with Chinese partners.
Economy
UAE’s overseas investments surpass $2.5trn mark
Dubai, UAE - The UAE's total assets abroad, encompassing both governmental and private investments, have reached $2.5 trillion as of...
- United States remained the prime destination, attracting substantial investments in bonds and direct ventures
- Egypt closely follows with significant investments, along with the United Kingdom, India, and Morocco
Business
IOTA Foundation launches US$10m investment fund at Investopia 2024
ABU DHABI, UAE – Minister of Economy and Chairman of Investopia Abdullah bin Touq Al Marri attended the unveiling of...
- The fund's primary goal is to promote the development of TradeTech solutions and support the expansion of startups.
- The announcement aligns with Investopia's vision to inspire entrepreneurs to expand into new economic sectors.