Muslim nations meet in Jeddah to unite against Trump’s controversial Gaza takeover proposal.
Trump's plan has already united Arab countries in opposition, with Saudi Arabia also hosting Arab leaders two weeks ago to...
Geostrategy
Israel blocks humanitarian aid to Gaza as ceasefire’s first phase ends, sparking global outrage
Truce mediators Egypt and Qatar accused Israel of blatantly violating the ceasefire deal by halting the aid, a move left trucks...
Geostrategy
Economy
Iraq and Turkmenistan reach preliminary agreement on gas import
Baghdad, Iraq - Iraq has signed a preliminary agreement with Turkmenistan to import gas. The agreement signed by the undersecretary...
- Turkmenistan is known for its status as a key gas producer regionally and globally
- The country’s natural gas reserves are estimated at 50 trillion cubic meters
Business
$73 bn in saving deposits held by UAE banks during H1 2023
Dubai, UAE - Savings deposits held by UAE banks, excluding interbank deposits, totaled approximately $73.01 billion (AED268.6 billion) by the...
- The saving deposits experienced a monthly growth rate of 5.8%, equivalent to an increase of around $4.02 billion
- The UAE Dirham accounted for the largest portion, constituting about 81.6% of the total, which is approximately $178.71 billion
Trump arrested in election case, mug shot released
Trump was given the inmate number "PO1135809" by the Fulton County Jail, which listed his height as six foot three...
- In the photograph released by the sheriff's office, he scowled at the camera while dressed in a dark blue suit, white shirt and red tie
- Speaking to reporters after his arrest, Trump, the frontrunner for the 2024 Republican presidential nomination, said it was a "very sad day for America."
Geostrategy
Iran’s BRICS membership to strengthen group, says XI
TEHRAN/ JOHANNESBURG, IRAN/ SOUTH AFRICA - The Iranian and Chinese presidents stressed the need to bolster bilateral cooperation and the...
- The BRICS heads of state held their 15th annual summit in Johannesburg.
- The heads of state called for the use of local currencies to facilitate trade.
Business
Dubai Chambers saves water, works on sustainability agenda
DUBAI, UAE - Dubai Chambers has contributed to the emirate’s drive for sustainability by saving a total of 72,239 litres...
- The savings were achieved as part of the chambers’ participation in Dubai Can, a sustainability initiative launched by the Crown Prince of Dubai.
- Dubai Can is aimed at educating and mobilising all segments of society to reduce waste and protect the environment.
Business
AI chips revenue to reach $53bn in 2023: study
Dubai, UAE – The global semiconductor industry is set to witness a significant revenue boost in the coming year, with...
- Industries spanning the spectrum and IT organizations are expected to incorporate AI chips into their systems
- Gartner analysts foresee a substantial rise in the value of AI-enabled application processors within consumer electronics
Science
UAE astronaut Sultan AlNeyadi studies cardiorespiratory impact in space
Dubai, UAE - The UAE astronaut Sultan AlNeyadi on Wednesday participated in a cardiovascular study to examine cardiorespiratory impact in...
- The experiment is a critical analysis of the impact of microgravity on cardiovascular and respiratory functions
- Through the experiment, astronauts aboard the ISS monitor their heart rate, blood pressure,, and ECG using a bio-monitor shirt
Geostrategy
Algeria begins mediation to resolve Niger crisis
Algiers, Algeria - Algeria has initiated a diplomatic effort aimed at finding a political solution to the ongoing crisis in...
- The crisis in Niger follows the military overthrow of President Mohamed Bazoum on July 26
- Algeria's diplomatic efforts stem from a belief that dialogue and negotiation can provide a viable solution
Business
DIEZ reports 5% rise in revenue
The company logged a 34% surge in EBITDA.
- The organization also achieved a 10% growth in revenue from leasing operations, a 36% growth in revenue from government services
- DIEZ’s three economic zones, the Dubai Airport Free Zone DAFZ, Dubai Silicon Oasis and Dubai CommerCity achieved a combined 17% growth
Geostrategy
Erdogan and Putin likely to discuss Africa flour supply deal: Report
Istanbul, Turkey - Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin are likely to discuss a deal on...
- "Both leaders spoke earlier about plans to process Russian grain into flour in Turkey and sending it to the poor nations of Africa," a diplomatic source told TASS.
- A spokesman for Turkey’s grain association said in turn that Turkish producers were ready to start implementing the project.
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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
Muslim nations meet in Jeddah to unite against Trump’s controversial Gaza takeover proposal.
Trump's plan has already united Arab countries in opposition, with Saudi Arabia also hosting Arab leaders two weeks ago to...
Geostrategy
Company News
Latest News
UAE astronauts AlMatrooshi and AlMulla graduate in space program at NASA
Dubai, UAE - The Mohammed Bin Rashid Space Centre (MBRSC) on Tuesday announced the graduation of Emirati astronauts Nora AlMatrooshi...
Science
BRICS to create blockchain-based payment system: Kremlin aide
Moscow, Russia – BRICS will work to create an independent payment system based on digital currencies and blockchain, Kremlin aide...
Geostrategy
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
Most Read
Economy
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...
- Al-Jasser highlighted a remarkable decrease of over 50 percent in serious accidents, deaths, and injuries in recent years
- The ongoing campaign, now in its fourth year, seeks to enhance the efficiency and safety of the extensive road network, the minister added
Business
EDGE Group, Indra form JV
It will make next-generation radar systems in UAE.
- The new business entity will be granted prime rights for current and future non-NATO and non-EU orders awarded to Indra.
- The JV will place a strategic focus on the continued development of sophisticated technologies, innovation and global market.
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.