GCC ministers hold discussion on food security in the region
Riyadh, Saudi Arabia--Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), held a virtual meeting with ministers from...
Economy
Ultraconservative cleric Ebrahim Raisi ahead in partial results from Iran’s presidential election
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New weekly container ship service to connect Cochin, Chennai ports with MENA
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Richard Leopold is new Bentley Regional Director for UK, Middle East, Africa, India
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UAE engages onshore, offshore financial institutions to combat money laundering, terrorist financing
Top financial authorities in the UAE brought together public and private firms to help firm up the country’s anti-money-laundering policies...
To give fillip to key sectors, UAE Central Bank doles out $12 billion in credit in 2020
The credit is intended to give a boost to sectors critical to the overall economy of the United Arab...
RAW Coffee, the UAE-owned brand, comes to Saudi Arabia to tap into demand for beverage
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Two Saudi entrepreneurs have a diet plan to fight off obesity in the kingdom
The rate of obesity in the kingdom totals 35.6 percent in 2020 The duo offer customized diet plan to...
Proserv buys Dron Dickson Abu Dhabi business
Entire DDEC business and inventory will be fully integrated and absorbed into Proserv’s Middle East-based service operation Proserv has multiple...
Morocco aims to be a major green hydrogen producer in the region
Morocco to transition to renewable source of energy The country will team up with the Abu Dhabi-based International Renewable...
Easing of restrictions triggers strong rebound in Middle East economies: ICAEW
ICAEW-commissioned report finds business confidence in the region has strengthened Higher oil revenues give Middle East governments more scope...
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Phoenix set for IPO on ADX
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UAE allots US$200m to boost growth in low-income countries
Marrakech, Morocco-- The UAE has allotted $200 million to the Poverty Reduction and Growth Trust (PRGT) to expand concessional financing...
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Kuwait Fund and Central American Bank sign MoU
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Economy
GCC keen to address economic problems: Albudaiwi
Marrakesh, Morocco-- The Gulf Cooperation Council (GCC) attaches great importance to finding solutions to economic problems such as the eradication...
- He made the remarks while taking part in the annual meetings of the World Bank and the IMF in the city of Marrakesh, Morocco
- The GCC chief underscored the collective responsibility in eliminating poverty by supporting developing and impoverished nations
Business
Red Sea Global launches Saudi’s first seaplane company
TABUK, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations -...
- Fly Red Sea aims to transport guests to various resorts scattered among the islands of Red Sea Destination.
- These resorts include St. Regis Red Sea Resort and Nujuma, Ritz Carlton Reserve, which would be inaugurated later in 2023
Business
Edge signs deal with Saha Istanbul
It will deepen cooperation between the UAE and Turkey.
- The event being held at the Ankara Congress Centre will also facilitate several introductory and exploratory meetings between Edge and Turkish companies
- Chairman of Edge said that the alliance with Saha Istanbul and its member firms will enable Edge to tap into Turkey's rich ecosystem and robust supply chain
