Horizon Aircraft predicts urban air mobility to be operational by 2025
Most vertical takeoff and landing professionals believe first commercial urban air mobility passenger routes will be operational by 2025 Canada,...
Red Sea International appoints Khalid Fagih as MD and CEO
RSI banking on Khalid's 26-year track record to catapult its operations by developing products and services, improving performance Company had...
Approach tax authority to redress problem, UAE tells penalized defaulters
UAE tax authorities have assured penalized tax-law violators that they can apply to have the penalty reduced or exempted To...
Telal Gents Fashion achieves Guinness World Record for largest mobile clothing store
UAE-based Telal Gents Fashion has set a Guinness World Record for the largest mobile clothing store The company converted a...
Saudi King Abdullah Port names new CEO
Jay New is an industry veteran with a 20-year career in the ports and shipping He will oversee the day-to-day...
PwC, Microsoft join hands to boost cloud adoption in Qatar
PwC and Microsoft are extending their global collaboration to “accelerate digital transformation and cloud adoption in Qatar” The move that...
Helios to set up $1bn green ammonia plant in Abu Dhabi
The plant will produce 200,000 tonnes of green ammonia, expected to reduce CO2 emission by 600,000 tonnes annually An 800-megawatt...
UAE will only allow residents vaccinated against Covid-19 to attend functions
Residents have also to produce a negative Covid test within 48 hours The UAE has administered over 12 million doses...
Draft budget for 2022-2026 reviewed
The meeting explored the projections of federal cash flows for 2022 The fiscal policies governing financing of capital projects also...
Dubai foresees 49% recovery in air travel in 2nd half
Only 1.8 billion travelers took to the skies in 2020, as against 4.5 billion in 2019 Pandemic caused 50%...
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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
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UAE and Barbados look to deepen trade, energy ties
Bridgetown, Barbados-- The UAE and Barbados have discussed prospects for bolstering bilateral cooperation, particularly in climate action and renewable energy,...
Geostrategy
Old Doha Port signs many agreements during Monaco Yacht Show
Monaco, Monaco--The Old Doha Port has signed several agreements with professional global companies, specialized in yacht during its participation in...
Business
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Geostrategy
Iran proposes to Saudi Arabia to set up working group for visa cancellation
Riyadh, Saudi Arabia--Iran has proposed to Saudi Arabia to set up a working group to look into the idea of...
- The idea of visa cancellation was put forward by Iranian deputy tourism minister while visiting Saudi Arabia
- Iran and Saudi Arabia in March agreed to a Chinese-brokered deal to revive relations after years of hostility
Business
Saudi Fund for Development and Seychelles sign US$25m loan agreements
Riyadh, Saudi Arabia-- The Saudi Fund for Development (SFD) has signed two loan agreements with Seychelles to support the social...
- The SFD will contribute $25 million to support the social housing project in the Seychelles and the reconstruction of La Digue School project
- The fund has so far implemented 700 development projects and programs in more than 90 countries with a value surpassing $18.7 billion
Business
Qatar and Libya sign MoU to boost cooperation in civil aviation
Tripoli, Libya-- Qatar and Libya have signed a memorandum of understanding (MoU) to boost cooperation in the field of civil...
- The MoU is a component of joint efforts by the two countries to deepen bilateral relations in the aviation sector
- It is also designed to enhance ways of cooperation in the field of security and safety, and exchanging experiences