South Korea presses for enhanced ties with UAE in high tech and AI
Dubai, UAE--South Korea has pressed for boosting cooperation with the UAE in the field of advanced technology and artificial intelligence...
Economy
Bahrain to host ‘smart cities summit 2024’ in March
Manama, Bahrain--Bahrain will hold the seventh edition of the "Bahrain Smart Cities Summit 2024" from March 5 to 6 under...
Economy
Spike in fuel prices not to make food costlier: Cairo Chamber
The flow of goods, the price of bread, and other food commodities will remain immune from the increase in fuel...
Al Dhafra festival to begin in October in Abu Dhabi, prize money to be AED110m
This year the festival will include camel beauty contest The 15th edition of the festival will coincide with the...
Dubai Customs, DP World to launch automation at Jebel Ali Port
The new system will speed up the refund process as customers can now submit refund claims immediately after loading vessels’...
Mohammed bin Rashid confirms board and advisory council of Dubai International Chamber
It is part of a recent government restructuring to drive a comprehensive economic development in Dubai It also...
Mohammed bin Rashid sets up Dubai Academic Health Corporation
The new set-up will advance health services in Dubai through a new academic system It will integrate healthcare, medical education,...
Sisi talks tough with Ethiopia, warns Egypt’s water share is a ‘red line’
Egypt fears that plans to fill the Grand Renaissance Dam will allow Ethiopia to control the flow...
Partial lockdown in Abu Dhabi on July 19 to carry out sanitation program
The lockdown will come into effect at midnight and will go on until 5 am The movement of traffic and...
Saudi Arabia to remain stable as oil prices boost economy: Fitch
Thanks to a boost it received from higher oil prices, Fitch has revised its outlook for Saudi Arabia from negative...
Official reiterates Saudi resolve to protect rights after meeting US, EU envoys
Saudi Arabia's Human Rights Commission (HRC) chief Awwad bin Saleh Al-Awwad in a meeting with US and EU diplomats has...
High cost of food, fuel lifts inflation in Saudi Arabia to 6.2%
Accelerated mostly by the cost of food and fuel, inflation in Saudi Arabia has surged to 6.2 percent in June,...
South Korea presses for enhanced ties with UAE in high tech and AI
Dubai, UAE--South Korea has pressed for boosting cooperation with the UAE in the field of advanced technology and artificial intelligence...
Economy
Company News
Latest News
Kuwait calls for turning Middle East into nuclear-free region
New York, US-- Kuwait's permanent envoy to the UN, Tareq Al-Bannai, has affirmed Kuwait's continuous efforts to make the Middle...
Geostrategy
UAE hosts seventh edition of Interpol’s strategic dialogue
Abu Dhabi, UAE--The UAE's Ministry of Interior and the Gulf Police Service hosted the seventh edition of the strategic dialogue...
Geostrategy
Most Read
Business
Investcorp to float IPO
The listing of shares on ADX is set for November 17.
- According to the company, the subscription will be open from November 2 to November 9, 2023
- It plans to offer 321,500,000 new shares while 321,500,000 shares will be sold by selling shareholder, Investcorp S.A
Business
UAE-Zimbabwe trade touches US$2bn, poised to expand more
Abu Dhabi, UAE-- Trade between the UAE and Zimbabwe touched $2 billion last year as the bilateral relations between the...
- The UAE is Zimbabwe's second-largest trading partner and the relations between the two countries are poised to grow further
- Zimbabwe's ambassador to the UAE said that both countries are working to develop a number of sectors, like mining, and energy
Business
NMDC posts bumper profits
Its revenues for the first nine months stood at US$3bn.
- The company's net profits increased 115 percent to $411 million in the first nine months of 2023
- It attributed growth in revenues and net profits to progress of the major projects underway