Economic forum in Amman to enhance trade ties between Iraq, Jordan
AMMAN, JORDAN - The Iraqi Business Council, in collaboration with the Jordanian and Amman Chambers of Industry, is set to...
Business
Ghitha Holding buys stake in MNG Airlines
The acquisition of 44% stake is valued at US$211.20 million.
Business
Sharjah explores new avenues of cooperation with Guatemala
The focus of the discussions was particularly on renewable energy, culture, and tourism They also explored the opportunities available...
Saudi Arabia and Indonesia set up a task force to look at investment opportunities
Indonesia invited Saudi Arabia to invest in Bank Sharia Indonesia, the nation's largest sharia compliant bank It could also...
Qatar could make $20 billion from hosting soccer World Cup next year
The figure of $20 billion represented 11 percent of the country’s gross domestic product in 2019 The construction and...
Palestinians cancel deal to trade vaccine doses with Israel
The Palestinian Authority said it cancelled the deal as the doses were "about to expire" Palestinian spokesman Melhem said they...
Chinese jab added hurdle for some African visitors to EU
Travelers to Europe must be inoculated with the AstraZeneca, Johnson & Johnson, Pfizer/BioNTech and Moderna vaccines The Chinese vaccines...
Lebanon seizes drugs from a shipping container headed for Saudi Arabia
The consignment of millions of amphetamine pills was hidden in a shipping container Saudi Arabia had banned imports of fruit...
Bahrain’s Batelco looks to dual list on Tadawul, could be first to do so
Bahrain’s biggest telecommunications firm has hired the investment arm of Samba Tadawul has been trying to encourage Middle Eastern...
Arab countries vie with each other in $200 billion green hydrogen race
With its abundant sunlight and wind resources, the Middle East could be the hub of renewable energy The...
Abu Dhabi Police warns against fraud, scam calls requesting bank data
The police have warned people not to fall for small text messages that simulate government institutions Fraudsters obtain information...
US cutting forces, missile batteries in Middle East
The move comes as President Joe Biden's administration seeks to ease tensions with Iran The US military is rapidly...
Economic forum in Amman to enhance trade ties between Iraq, Jordan
AMMAN, JORDAN - The Iraqi Business Council, in collaboration with the Jordanian and Amman Chambers of Industry, is set to...
Business
Company News
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Gulf Bank to up paid-up capital
Business
Alantra sets up base in DIFC
Business
Egypt sells MENA’s first ‘sustainable panda bonds’ in US$500m issue
Cairo, Egypt--Egypt has issued the first sustainable Panda bonds in the Middle East and North Africa worth $500 million with...
Business
Global CEOs rank political uncertainty as biggest risk to business
Dubai, UAE-- CEOs from around the world consider geopolitics and political uncertainty as the greatest risk to the growth of...
Economy
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Economy
GCC states post 7.3 percent GDP growth in 2022: Albudaiwi
Marrakech, Morocco-- In spite of economic disruptions, policymakers in the GCC countries have successfully alleviated the economic ramifications of the...
- The secretary general was speaking at the Arab governors' meeting with the President of the World Bank Group, Ajay Banga, in Morocco
- He warned that economic challenges present a risk to the mutual objective of a poverty-free world characterised by sustainable development
Geostrategy
MSNBC takes top three Muslim presenters off air
Dubai, UAE--American cable channel MSNBC has quietly taken three prominent Muslim journalists “out of the anchor’s chair” since the onset...
- MSNBC quietly took Mehdi Hasan, Ayman Mohyeldin, and Ali Velshi “out of the anchor’s chair” after the war broke out on October 7
- The channel did not broadcast its scheduled Thursday night episode of The Mehdi Hasan Show on the streaming platform Peacock
Business
Phoenix set for IPO on ADX
It is the first crypto entity to be listed on a Middle East bourse.
- The firm specialises in a range of services, from high-performance computing to crypto and cloud mining, data centre hosting, crypto trading, and crypto mining products
- The IPO on Abu Dhabi Securities Exchange would be the first privately owned crypto and blockchain entity to be listed on a Middle East stock market

