Iran and Turkey to set up free trade zone at border in Khoy city
Tehran, Iran--Iran and Turkey will join hands to set up a free trade zone at the border crossing in Khoy...
Business
NPCC bags $744 million contract for Abu Dhabi offshore project
The contract to the UAE-based company was awarded by Al Yasat Petroleum Operations Company The company will engage in the...
Emirates notches up “Best Airline Worldwide’ award, eighth in a row
It also bags ‘airline with the best first class’ and “the best economy class” awards too To maintain its industry...
Innovation hub to make Dubai economy future-ready
The hub is an integral part of the roadmap for an innovation-driven growth in Dubai The facility, a part of...
Fresh call for proactive bid to revive aviation industry at Dubai Airport Show
New technologies recommended to reassure passengers of lasting safety There is talk of issuing a Vaccine Passport to boost global...
ADNOC Distribution’s 375 million shares will be up for sale soon
ADNOC has announced it will offer up approximately 375 million shares of ADNOC Distribution The shares are being offered at...
Cummins Arabia starts its service in Kuwait
Cummins aspires to reinforce its capabilities to bring best-in-class engineering solutions The company, with its storied 100-year history, has a...
UAE residents willing to adopt augmented reality for retail shopping
The pandemic has changed shopping behaviour, shifting many shoppers online Online retail is the preferred channel for items such as...
Amazon Warehouse launches in the UAE, delivers up to 60% discounts
All Amazon Warehouse products are backed by a 15-day return policy Prime members in the UAE can get their Amazon...
S&P forecast: GCC funding needs will fall to 5 percent of GDP in 2021
60 percent of the deficit relates to the region's largest economy, Saudi Arabia S&P predicts central government deficits will reach...
Energy deals top list as Bahrain issues $1.6bn tenders in Q1 2021
Majority of tenders issued are part of Bahrain’s $32 billion infrastructure development plans Oil and gas $767m, aviation $382m, construction...
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ADX profits vault to $11.70bn
Business
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...
Geostrategy
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...
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...
Business
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Arts & Culture
Producer Baz Luhrmann to be head of jury at Red Sea International Film Festival 2023
JEDDAH, SAUDI ARABIA - The Red Sea International Film Festival has said that internationally renowned writer, director and producer Baz...
- The festival's third edition will take place from November 30 to December 9 in Jeddah.
- The event will showcase movies from filmmakers from the Arab region, Asia and Africa.
Business
Red Sea Global teams up with Bear Grylls Survival Academy
Riyadh, Saudi Arabia--Red Sea Global (RSG) will become the exclusive agent for Bear Grylls Survival Academy (BGSA) bringing the world-famous...
- The collaboration between the two promises to offer outdoor enthusiasts the opportunity to learn key team building, wilderness education and survival skills
- Red Sea Global looks to recurit and train local outdoor enthusiasts in the art of survival and expedition leadership, creating hundreds of jobs for Saudis
Business
Iran exports goods worth US$9.1bn to BRICS nations from March to August
Tehran, Iran--Iran has exported 27.7 million tons of goods worth $9.1 billion to BRICS member countries from March 21-August 21,...
- Some 70.3 million tons of non-oil goods worth $43.5 billion were traded between Iran and the rest of the world during the same period
- The top five export destinations for Iran's non-oil goods were China ($5.6bn), the UAE ($2.3bn), India ($845m), Russia (361m) and S. Africa ($51.5m)