US-Iran framework centers on investment fund, sanctions waiver and nuclear talks
At the center of the memorandum of understanding is a proposed $300 billion private investment vehicle, known as the Reconstruction...
Geostrategy
Emaar to pay $2.39bn dividend
Business
Aramco acquires stake in BHIG
Business
ADNOC L&S okays $273m dividend
Business
Etihad enters largest summer season with more than 300 daily flights
Dubai, UAE -- Etihad Airways is entering its largest summer season on record, operating more than 300 flights a day...
Business
Arts & Culture
Desert jewel: Saudi Arabia’s oldest nature reserve Hurra Al-Hurra
Turaif, Saudi Arabia - Hurra Al-Hurra Reserve is one of the first protected areas in Saudi Arabia, located in the...
- Located in the Northern Border and Al-Jawf regions, it lies within the boundaries of the King Salman bin Abdulaziz Royal Reserve in the northwest of Saudi Arabia.
- Hurra Al-Hurra and its surrounding areas feature a diverse landscape, with depressions, watersheds, valleys and an abundance of springs scattered throughout the area.
Geostrategy
Under fire Harvard University president to stay after anti-Semitism row
CAMBRIDGE, US - Harvard University's president, under fire over testimony she gave about anti-Semitism on campus, will remain in her job...
- Claudine Gay has been facing criticism after she declined to unequivocally say whether calling for genocide of Jews violated Harvard's code of conduct.
- Over 70 lawmakers including two Democrats called for her resignation even as several high-profile Harvard alumni and donors have called for her departure.
Geostrategy
Digitalization has high environmental costs, says UNCTAD meet
DUBAI, UAE - With global attention on the COP28 climate summit, UNCTAD’s eWeek 2023 highlighted digitalization’s potential to accelerate climate...
- Data-driven technologies like the Internet of Things, robotics and artificial intelligence can enhance climate change monitoring.
- The digital transformation has left its mark on the planet through raw material depletion, energy and water use, pollution and waste.
Geostrategy
Antique stoves make a comeback in Gaza as the only way to cook during war
With a squeeze of pliers, a new wick, and a refill of homemade fuel, a flash of fire miraculously begins...
- Hundreds of thousands of civilians have fled northern Gaza due to relentless bombardment and a ground invasion by Israel, leaving their belongings behind.
- The civilians hoped to be safer in the south, but the Israeli military has progressively extended its strikes across the tiny coastal territory in its war aiming to destroy Hamas
Geostrategy
Battles continue across Gaza as UN holds vote on ceasefire
Israeli forces maintained a relentless bombardment and ground invasion across Gaza two months after Hamas's deadly attack sparked a war...
- Israel has vowed to destroy Hamas over its unprecedented attack on October 7.
- Fighters broke through Gaza's militarized border to kill around 1,200 people and seize hostages,
Geostrategy
KSA, Russia plan fertilizer JV, deepen OPEC+ ties
Russian President Vladimir Putin's visit to Riyadh underscores the deepening economic and diplomatic relations between the two countries.
- Russian President Vladimir Putin's visit to Riyadh underscores the deepening economic and diplomatic relations between the two countries.
- Putin's extended one-on-one dialogue with the Saudi Crown Prince Mohammed bin Salman covers bilateral and regional topics.
Geostrategy
Russia, UAE boost energy relations, explore new JVs
The two countries strengthen their partnership, discussing the use of Russian equipment in UAE's energy projects during Putin's significant visit...
- Russia and UAE strengthen their partnership, discussing the use of Russian equipment in UAE's energy projects during Putin's significant visit to Abu Dhabi.
- The Russian President praises the UAE's successful hosting of COP28 and the strengthening of cultural and humanitarian connections.
Geostrategy
Masdar City to construct region’s first net-zero energy mosque
Abu Dhabi, UAE - Masdar City, an Abu Dhabi, UAE-based sustainability and innovation hub dedicated to making all cities a...
- The mosque’s total energy requirements were reduced by 35 percent compared to international baselines using passive design
- Low-flow water fixtures, drought-resistant landscaping, and the use of recycled water for irrigation will reduce water use by 55 percent
Geostrategy
UAE President attends Group of 77 and China meeting at COP28
DUBAI, UAE – At the UN Climate Change Conference (COP28) here, UAE President Sheikh Mohamed bin Zayed Al Nahyan attended...
- The UAE President expressed the country's commitment to enhancing global cooperation to achieve the ambitious goals set for COP28.
- These include accelerating the shift to a sustainable, low-carbon and economically robust model to deal with climate change.
Business
Eve Air Mobility, flynas ink MoU
The firms will explore starting eVTOL services in Saudi Arabia.
- The agreement will contribute to Saudi Arabia’s aviation industry by building the ecosystem for electric flights.
- flynas operates over 1,500 weekly flights to over 70 domestic and international destinations.
Most Read
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
US-Iran framework centers on investment fund, sanctions waiver and nuclear talks
At the center of the memorandum of understanding is a proposed $300 billion private investment vehicle, known as the Reconstruction...
Geostrategy
Company News
Emaar to pay $2.39bn dividend
Business
Aramco acquires stake in BHIG
Business
ADNOC L&S okays $273m dividend
Business
Latest News
Dar Alarkan 2024 profit up 32%
Business
Dubai targets $87 trillion wealth pool as investors rethink portfolios
Dubai, UAE -- Dubai is positioning itself as a global hub for private wealth as high-net-worth individuals rethink where and...
Business
UAE launches first 7-year Islamic Treasury Sukuk worth $150 million
Abu Dhabi, UAE -- The UAE Ministry of Finance said on Sunday it had launched its first-ever seven-year tranche of...
Business
Most Read
Geostrategy
US–Iran tensions escalate toward war as Gulf military buildup and Israeli preparations intensify
Indirect talks in Geneva have yielded what officials call “guiding principles” for a possible agreement, but the framework remains skeletal...
- Israel is intensifying emergency preparedness across its healthcare system, armed forces and civilian infrastructure as tensions with Iran escalate
- Prime Minister Benjamin Netanyahu issued a blunt warning to Tehran, saying any attack would draw an “unimaginable” response
Geostrategy
Trump signals second carrier deployment as US-Iran prepare to resume talks
In interviews with Israeli media, Trump warned of consequences if negotiations fail. “Either we reach a deal or we'll have...
- In interviews with Israeli media, Trump warned of consequences if negotiations fail. “Either we reach a deal or we'll have to do something very tough.”
- ranian President Masoud Pezeshkian has said Tehran will demand the lifting of financial sanctions and uphold its nuclear rights, including enrichment
Opinion
Embed AI in workflows so deep that it becomes invisible: Matt Cloke
Becoming AI-native starts with a shift in mindset. To harness its full potential, we need to see AI not as...
- To truly unlock AI’s potential, organizations need to modernize from within.
- Becoming AI-native demands more than innovation; it calls for a cultural shift where people, processes, and platforms work in harmony.