Qatar real-estate trading volume in January stands at US$521m
Doha, Qatar--The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry...
Business
Science
Environment Agency – Abu Dhabi issues marine water quality policy
ABU DHABI, Â UAE - The Environment Agency - Abu Dhabi (EAD) has issued a policy on sustaining marine water quality...
- The policy is part of EAD's efforts to maintain and sustain Abu Dhabi's marine waters and limit practices that can cause marine pollution.
- The policy aims to develop relevant legislative and regulatory frameworks and halt discharges that may have adverse impacts on the marine environment
Business
Burjeel signs MoU with Leejam
The two will run wellness centres in Saudi Arabia.
- The two will operate a network of more than 60 physiotherapy, rehabilitation and wellness centres in Leejam clubs across the kingdom
- The joint venture is supported by the Saudi ministry of sport, as it continues to promote initiatives aimed at improving and developing the sports environment in the kingdom
Geostrategy
Qatar pledges to support Afghan people in search for rights
Kabul, Afghanistan-- Qatar has renewed its pledge to Afghanistan to help the war-ravaged country in fields of education, development, politics,...
- The visiting dignitary met with Minister of Foreign Affairs Amir Khan Muttaqi, Minister of Interior Sirajuddin Haqqani, Minister of Education Habibullah Agha
- The envoy reiterated Qatar's position supporting all segments of the Afghan people to obtain all their rights, particularly the right to education, especially for girls
Business
Qatar receives more than 600,000 visitors in December
Doha, Qatar-- Qatar has received more than 614,000 visitors during the month of December 2022, a monthly increase of 3.7...
- The highest number of visitors were from the Gulf Cooperation Council at 40 percent
- The total deposits and credit facilities of commercial banks rose at a monthly rate of 4.3 percent and 2.7 percent
Business
Jordanians look to replace gas-guzzling cars with electric versions
Amman, Jordan--Jordanians are increasingly adopting electric cars in a push towards abandoning the fuel-guzzling cars that have become so hard...
- Head of the Jordan Free Zones Investors Association, Mohammad Bastanji, said that the local market is witnessing a growing demand for electric vehicles
- President of the National Society for Consumer Protection Mohammad Obeidat stressed the importance of "keeping up with the times" and owning an eco-friendly electric car
Science
DEWA begins receiving research papers for MENA Solar Conference
Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has started receiving requests from researchers and scientists to submit their research papers...
- Saeed Mohammed Al Tayer, MD and CEO of DEWA, said that the conference is the first scientific and technical conference of its kind in the region
- He said the conference will be held in conjunction with the Water, Energy, Technology, and Environment Exhibition (WETEX) and the Dubai Solar Show (DSS) 2023
Economy
Dubai Marathon to be held on February 12 at Expo City
Dubai, UAE-- The 2023 edition of Dubai Marathon will be held at Expo City Dubai on 12th February, 2023, according...
- The committee organizing the event said the city was chosen as the venue of the marathon because it represents Dubai’s vision of serving as a bridge between cultures
- It will bring together elite athletes from around the world after a break of two years due to the pandemic
Economy
UAE, Saudi, Bahrain up rates after Fed’s hike; Qatar keeps status quo
Hours after the US Federal Reserve upped its target interest rate by a quarter of a percentage point, many central...
- The UAE central bank has decided to raise the base rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points
- The US central bank said in a statement that Inflation has eased somewhat but remains elevated
Geostrategy
King Abdullah of Jordan and US President Joe Biden to hold talks
Washington, US-- Jordan’s King Abdullah and US President Joe Biden will hold talks at the White House on Thursday, as...
- Talks between the two leaders will cover means to bolster the strategic partnership between Jordan and the United States through expanding cooperation across various sectors
- The king is in Washington and met with US House of Representatives Speaker Kevin McCarthy at the Capitol earlier on Tuesday
Business
Dubai sees entry of 10,500 wooden dhows in 2002, boosting trade
Dubai, UAE--The Marine Agency for Wooden Dhows has facilitated the entry of more than 10,500 wooden dhows during 2022, reflecting...
- The wooden dhows ferried 1.7 million metric tonnes of merchandise from countries across the MENA region and beyond
- The Marine Agency is aiming to boost trade with neighbouring countries further and contribute to the objectives of the Dubai Economic Agenda D33
Qatar real-estate trading volume in January stands at US$521m
Doha, Qatar--The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry...
Business
Company News
Adnoc and Occidental sign deal
Business
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Adnoc Gas awards contract
Business
Google warns against downloading its AI model from external sources
Washington, US--Google has warned users against trying to obtain its Cold generative artificial intelligence (AI) model from external sources currently...
Business
UAE non-oil activities to continue to see robust growth in 2024: OPEC
Vienna, Austria--The UAE's non-oil economic activities continued to see robust performance and are expected to extend healthy development into 2024,...
Economy
Jet fuel sales to reach over billion gallons by end of 2023: ENOC
Dubai, UAE--ENOC Group will reach more than one billion gallons of jet fuel sales at the end of this year...
Business
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Economy
GCC keen to strengthen economic cooperation with Turkey: Albudaiwi
Istanbul, Turkey-- The Gulf Cooperation Council (GCC) is keen to enhance economic cooperation with Turkey, according to its Secretary General...
- Albudaiwi said the GCC Ministerial Council has restarted the strategic dialogue with Turkey and adopted the Joint-Action Plan 2023-2027
- He made the remarks at the GCC-Turkish Economic Forum in Istanbul with top officials and business owners from both sides in attendance
Geostrategy
Turkey halts joint-energy projects with Israel over Gaza war
Dubai, UAE-- Turkey has suspended joint-energy projects with Israel over the latter's invasion and bombardment of the Gaza Strip, according...
- The Turkish energy minister said that it would be "inappropriate" to talk about the implementation of projects with Israel under such conditions
- Israel has blocked access to water, food, and electricity in Gaza, plunging the coastal area into a humanitarian crisis as the death toll crosses 11,000
Economy
Saudi Arabia boosts ‘investment relations’ with African countries
Riyadh, Saudi Arabia-- Saudi Arabia's Ministry of Investment has held a number of roundtable meetings with several African countries on...
- Saudi Arabia signed a memorandum of understanding with Mauritania to encourage investment flows between the two countries
- The kingdom also took steps to enhance economic ties with Chad and Somalia, enabling the private sector to benefit from opportunities