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...
Geostrategy
Israel deepens Gaza offensive, shuts key routes, and orders evacuations amid heavy civilian casualties
US President Donald Trump "fully supports" Israel's renewed Gaza operations, White House Press Secretary Karoline Leavitt told reporters when asked...
Geostrategy
Geostrategy
Saudi crown prince says ready for economic partnership with BRICS
DUBAI, UAE – Saudi Arabian Crown Prince Mohammed bin Salman in a telephonic conversation with Russian President Vladimir Putin has...
- The Russian president and the Saudi crown prince discussed the outlook for BRICS expansion.
- The two leaders reviewed cooperation between the two countries within the OPEC+ agreement framework.
Business
Masdar, Africa50 sign MoU
The aim is to speed up clean energy transition in Africa.
- Masdar brings its technical expertise and extensive experience in emerging markets and will work with Africa50 to bridge the infrastructure funding gap.
- Africa50 brings its skill in developing projects in the continent and which, combined with Masdar, can help unlock clean energy potential.
Economy
$341bn in non-oil trade between UAE, G20 countries: UAE Minister
New Delhi, India - The non-oil trade between the UAE and G20 countries in 2022 hit $341 billion, which is...
- G20 countries are the UAE's largest trading partners, accounting for 43% of its non-oil exports, 39% of e-exports, and 67% of imports, the minister said
- He noted that the UAE's non-oil trade with the G20 countries grew significantly in 2022, up 56% from 2020 and 34% from 2019
Gulf countries witness alarming increase in early-onset cancer cases
A recent study in BMJ Oncology 2023 has highlighted an alarming increase in early onset of cancer cases in the...
- UAE, Qatar, and Saudi Arabia see significant rise in early-onset cancer cases from 1990 to 2019
- The cases in UAE record an increase of 1127.6%, Qatar sees 1089.5% rise and Saudi Arabia 896%
Geostrategy
Turkiye and EU to modernize the customs union agreement
Ankara, Turkey - Turkiye and European Union (EU) on Wednesday discussed the resumption of talks to modernize the customs union...
- Turkish Trade Minister Omer Bolat said that he discussed with the European officials the resumption of talks to modernize the customs union agreement
- The two sides also discussed the green transformation and cooperation in financing, stressing the continuation of the positive agenda between both sides
Science
Lab-grown human ’embryos’ offer new research hope
The research and other recent work shows "that models of human embryos are getting more sophisticated and closer to events...
- Earlier this year, several labs around the world released pre-print studies that had not been peer-reviewed, describing their development of early human embryo-like structures
- The research was welcomed by some scientists as an "impressive" advance that could help unlock secrets about the precarious early stages of pregnancies, when failure is most common
Business
Rani R Raad is new CEO of IMI
International Media Investments owns and operates a portfolio of media outlets.
- The company said Raad "has been brought in to steer IMI and its operating assets to their next stage of development
- IMI owns and operates a portfolio of media outlets, including The National, CNN Business Arabic, Al Ain News
UAE to host faith leaders for climate crisis summit prior to COP28
Abu Dhabi, UAE - A global summit for faith leaders from around the world will take place in Abu Dhabi...
- Faith leaders representing the world’s major religions will discuss the ethical responsibilities of faith leaders in addressing the climate crisis
- The meeting will also address the collaboration between faith and science to bridge the gap between empirical evidence and spiritual teachings
Business
India tops list of new Dubai Chamber of Commerce members during H1 2023
Dubai, UAE - Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has...
- A total of 6,717 new Indian-owned companies signed up for membership in H1 2023, compared to 4,845 in H1 2022
- In total, Indian companies accounted for 22.3% of the 30,146 new companies that joined the chamber in H1 2023
Economy
China’s digital economy surged by $4 trillion from 2016 to 2022
Tianjin, China - The digital economy in China surged by $4.1 trillion from 2016 to 2022, which works out as...
- By 2022, the scale of China's digital economy had reached an impressive $6.99 trillion, constituting a substantial 41.5% of the nation's GDP
- China has established over 1,700 digital workshops and smart factories and more than 240 industrial internet platforms
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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
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...
Geostrategy
Company News
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ESG 2023 net profit at US$187m
Business
Ajman records real estate transactions worth US$195m in February
AJMAN, UAE – Director-General of Ajman’s Department of Land and Real Estate Regulation Eng. Omar bin Omair Al Muhairi said...
Business
Saudi families utilize henna art to encourage kids in fasting
Arar, Saudi Arabia -- In a unique and creative initiative, families in Saudi Arabia's Northern Borders Region are using henna body...
MENA region could gain $385bn from women reentering workforce: survey
Doha, Qatar - The women returning to the workforce following a career break have the potential to contribute nearly US$385bn...
Economy
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Business
Over 70% report revenue surge in UAE from digital payments, Visa finds
Dubai, UAE - More than 70% of surveyed retailers in the UAE have experienced increased revenue and higher customer footfall since...
- The study focused on two groups of merchants - those accepting digital payments for 1-4 years and those exclusively dealing in cash transactions
- 95% of digital payment-accepting merchants believe that the value derived from digital payment acceptance are on par with or exceed the associated costs
Business
Parkin to give more shares to retail investors in its IPO
Dubai, UAE - Parkin Company on Tuesday announced an increase in the number of shares offered in the UAE Retail...
- The UAE Retail Offer has been increased to 89,964,000 ordinary shares from 74,970,000 ordinary shares
- Parkin is expected to commence trading on the DFM on March 21, 2024, under the symbol “PARKIN”
Geostrategy
Israeli forces kill Jordanian in West Bank, says Palestinian ministry
A Jordanian citizen has died after being shot by Israeli forces in the West Bank, Palestinian authorities said, with the...
- The Israeli military said Hussein was suspected of being an accomplice of a Palestinian fighter Muhammad Jabar.
- Jabar was preparing to carry out a suicide attack in Israel, according to the military.