Putin has upper hand in Trump talks on elusive Ukraine peace: analysts
Paris, France - Vladimir Putin scored a coup by discussing with Donald Trump in highly anticipated phone talks everything from improving...
Geostrategy
Arab leaders meet to hash out Gaza plan as Hamas urges against displacement under Trump plan
A draft version of the Egyptian plan seen by AFP lays out a five-year roadmap with a price tag of...
Geostrategy
565 companies involved in ‘fake Emiratisation’ cases: UAE ministry
Dubai, UAE - The Ministry of Human Resources and Emiratisation (MoHRE) revealed that 565 companies were proven to have hired...
- The private sector now employs over 81,000 nationals, representing the highest level of Emiratization in the country's history
- The ministry has ceased Nafis payments from nationals proven to have been involved in fake Emiratisation and recovered previous financial support
Science
Saudi hospital installs world’s first automated medication dispensing machine
Tabuk, Saudi Arabia -- King Salman Hospital in Saudi Arabia’s northwestern region has installed the world's first automated medication dispensing...
- With a storage capacity ranging from 102 to 700 medical prescriptions, the machine can fill prescriptions containing multiple medications
- The beneficiaries submit requests to get their prescriptions filled by scanning the barcode attached to the prescription
Economy
Iran’s mineral reserves valued at over $15bn, says official
Tehran, Iran - Iran's in-situ and proven mineral reserves are now worth more than $15 billion, the director general of...
- The reserves encompass six different minerals comprising iron ore, lead and zinc, gold, copper, antimony, and coal
- Discoveries include 100 million tons of iron ore concentrate, 79 million tons of gold concentrate, and 1.32 billion tons of copper concentrate
Science
Australian doctors find live parasitic worm in woman’s brain
It was an eight-centimetre (three-inch) roundworm, called Ophidascaris robertsi, which researchers said was a common parasite in kangaroos and carpet...
- Baffled doctors performed an MRI scan on the 64-year-old Australian woman after she began suffering memory lapses, noticing an "atypical lesion" at the front of her brain
- Researchers believe the woman was infected after foraging for edible shrubs near her house, which were likely contaminated with parasitic larvae shed in snake faeces
Economy
Riyadh to host Expo Expo, held for first time outside of US
Riyadh, Saudi Arabia - Riyadh is set to host the exhibition and conference industry show Expo Expo MENA on September...
- Expo Expo MENA will feature over 100 exhibitors specializing in the field of presentations and conferences from various countries around the world
- With its first Middle Eastern edition, the event offers the opportunity for international decision-makers in the industry to convene in Riyadh
Business
Q Properties awards $470bn contract for Reem Hills Phase 1 Villas construction
Abu Dhabi, UAE – Q Properties, a real estate developer and subsidiary of Q Holding, announced on Tuesday the award...
- Trojan will be responsible for constructing the fully sold out 218 luxury villas ranging from 4 to 7BR and developing 3 million sqft of built-up area
- Situated at the heart of the capital, Reem Hills stands as the sole gated community on Abu Dhabi's prestigious Al Reem Island
Geostrategy
There are no frozen assets abroad, says Iranian President
TEHRAN, IRAN – Iran President Ebrahim Raisi on Tuesday said that the country’s money is only blocked in South Korea...
- Iran has forged strong relations with Islamic and other like-minded countries.
- The country is keen on membership in regional and extra-regional alliances.
Business
Ryanair inks pact with Joramco
The airline is likely to carry 300m passengers a year by 2034.
- Ryanair will now utilize six heavy maintenance lines at the new facility in Amman- Jordan where Joramco is set to conduct 41 checks
- The 110,000sq meter facility will facilitate the heavy maintenance of Ryanair’s aircraft as the airline grows its fleet to 800 aircraft.
Business
DP World, Evyap Group ink pact
The partnership aims at enhancing trade infrastructure.
- Following the completion of the transaction, the firm DP World will own 58 percent of Evyap Port.
- Evyap Group will own 42 percent of DP World Yarimca, the entity will be named DP World Evyap Port.
China, Arab nations establish centre to solve desertification, land degradation
Beijing, China - China and Arab nations have agreed to establish China-Arab International Research Centre for Drought, Desertification, and Land...
- China is one of the leading countries in desertification control and the country also has technologies that can be exemplars for Mongolia and the rest of the world
- Government representatives in attendance at the meeting signed the MoU on building the centre and launched the first batch of collaborative projects
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
Putin has upper hand in Trump talks on elusive Ukraine peace: analysts
Paris, France - Vladimir Putin scored a coup by discussing with Donald Trump in highly anticipated phone talks everything from improving...
Geostrategy
Company News
Latest News
QatarEnergy, Mitsui ink pact
Business
Doha Bank bond issue oversubscribed four times
Doha, Qatar - Doha Bank has successfully issued $500 million in international bonds, garnering a total order book of $2...
Business
UAE elected Vice Chair of UNESCO’s committee for promotion of cultural diversity
Abu Dhabi, UAE - The UAE has been elected the Vice Chair of the UNESCO's Intergovernmental Committee (IGC) for the...
Arts & Culture
Saudi Arabia to expand customs duty exemption for some industrial products from April 1
Riyadh, Saudi Arabia - The Saudi Ministry of Industry and Mineral Resources has unveiled plans to broaden the range of...
Economy
Most Read
Business
ADCB approves cash dividends worth US$1.1bn
ABU DHABI, UAE – Abu Dhabi Commercial Bank (ADCB) has approved the Board of Directors proposal to distribute a cash...
- ADCB’s physical-cum-virtual 40th Annual General Assembly meeting approved the decision.
- The Board of Director’s proposal means distributing cash dividend of $0.15 (AED0.56) per share.
Business
Fraud and volatility fears persist as bitcoin barrels on
Specialized companies such as Grayscale and Wall Street giants such as asset manager BlackRock are among those investing in the...
- On Tuesday, bitcoin - the most widely used cryptocurrency - reached its all-time high, topping $69,191, surpassing its previous high set in November 2021
- The launch of a new investment vehicle - bitcoin-indexed exchange traded funds (ETFs) in the US last January - has further spurred prices.
Arts & Culture
1200 year old ebony wood poles discovered at Jeddah’s Othman bin Affan Mosque site
Jeddah, Saudi Arabia - The Jeddah Historic District Program has announced the discovery of the two ebony wood poles at ...
- The two masts are classified as among the oldest artifacts discovered at the site so far
- The number of architectural phases discovered at the Othman bin Affan Mosque so far has reached seven