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
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.
Economy
Iran’s steel production sees 4.1% growth in first 7 months of 2023
Tehran, Iran - The World Steel Association (WSA) has reported a significant 4.1% increase in Iran's steel production during the...
- In July 2023, Iran's crude steel production slightly decreased by 1.5% compared to the same month in the previous year
- China remains the top global steel producer, contributing 626.5 million tons, followed by India, Japan, the United States, and Russia
Economy
Saudi Arabia and Germany discuss cooperation in industrial, mining sectors
Riyadh, Saudi Arabia - Saudi Arabia and Germany have decided to strengthen cooperation in the industrial and mining sectors. A...
- Both parties explored opportunities to collaborate with the University of Munich for Applied Sciences
- The focus was on reviewing the university's educational curricula and academic programs in various fields related to industries and mining
Peace between Saudi Arabia and Israel not imminent: White House advisor
Washington, United States - The US National Security Advisor Jake Sullivan on Tuesday said that the prospect of a peace...
- Asked if a deal would be announced soon, Sullivan said "There are still ways to travel... but peace between Israel and Saudi Arabia will be a big deal."
- The White House's efforts to foster a reconciliation between Saudi Arabia and Israel stem from its belief that such an outcome would be in US national security interests
UAE stands ready to host COP28: Almheiri at the start of 100 day countdown
Abu Dhabi, UAE - The UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri, affirmed on Tuesday...
- Almheiri underscored the UAE's pivotal role in advancing global climate initiatives and safeguarding natural environment and earth
- She said that in the context of the UAE’s 'Year of Sustainability' in 2023, the 100 days before COP28 will see the launch of myriad of initiatives
Geostrategy
Dubai Customs foils two attempts to smuggle 171,600 pills
DUBAI, UAE - The Customs Intelligence Management within Dubai Customs has successfully thwarted two separate attempts to smuggle controlled drugs...
- In the first operation, a shipment consisting of three parcels concealed 96,600 pills of the controlled medication Cipralex, weighing 57 kg.
- The second operation revealed 75,000 capsules of the prohibited drug Pregabalin, weighing 64 kg and distributed across three parcels.
Economy
UAE, KSA optimistic as BRICS leaders weigh expansion
South Africa has revealed potential BRICS expansion plans at the Johannesburg summit, with keen interest shown by Middle Eastern nations,...
- South Africa revealed potential BRICS expansion plans at the Johannesburg summit, with keen interest shown by Middle Eastern nations, notably UAE and Saudi Arabia
- Analysts suggest that BRICS' potential expansion could strain relations with major powers, highlight the bloc's diverse appeal, but also raise concerns about diluted influence
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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
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
Saudi Arabia unveils its man shaped AI robot Mohammad
Riyadh, Saudi Arabia - Saudi Arabia unveiled its first male humanoid robot ‘Muhammad’ during the second edition of DeepFast in...
Science
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
Most Read
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...
- The report emphasizes the robust expansion of the F&B sector, forecasting a compound annual growth rate (CAGR) of 17.09%
- Fine dining is experiencing substantial growth with annual increases of almost 20% in Dubai and 33% in Abu Dhabi
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.