UAE archaeological finds reveal new human history insights
Discoveries spanning prehistoric settlements, Bronze Age tombs and heritage sites are deepening understanding of ancient communities and their regional connections.
Arts & Culture
Hormuz ship crossings halve as Iran war disrupts energy flows
No very large crude carriers or liquefied natural gas tankers were among the vessels recorded. One very large gas carrier...
Geostrategy
Business
Flynas launches its new operations base at Madinah airport
Riyadh, Saudi Arabia: Flynas, the national airline and the leading low-cost carrier in the Middle East and the world, announced...
- These additions will bring the total number of routes operated by flynas from Madinah to 11 so far.
- The operations from our new operations base will start with two aircraft as a first stage,
Geostrategy
Impressive turnout on main day of UAE’s parliamentary polls
ABU DHABI, UAE - Emiratis are casting their votes on Saturday, the main day of the Federal National Council elections,...
- Voting started at 8am and ended at 8pm, amid impressive turnout from members of electoral colleges to cast their votes.
- The election was a landmark event in the country's history, as it saw the highest voter turnout in any previous election.
Economy
FAO raises its forecast for global cereal production in 2023
ROME, ITALY - The Food and Agriculture Organization of the United Nations (FAO) raised its forecast for global cereal production...
- The higher forecast is almost entirely based on recent and more positive yield estimates for the Russian Federation and Ukraine.
- There will be increased wheat consumption while global rice utilization is forecast at 520.5 million tons.
Business
ADNOC awards two contracts for Hail and Ghasha Offshore Development project
ABU DHABI, UAE – ADNOC on Thursday announced the final investment decision (FID) and award of contracts for the Hail...
- The first contract for the offshore facilities has been awarded to a joint venture between National Petroleum Construction Company and Saipem.
- The second contract will deliver the onshore scope, including carbon dioxide and sulphur recovery and handling and has been awarded to Tecnimont.
Business
Najm inks pact with iot squared
The aim is to advance insurance services in the Kingdom.
- iot squared is a joint entity between the Public Investment Fund (PIF) and STC Group and it provides leading IOT solutions in the logistics service field.
- Najm for Insurance Services was set up in 2007 due to cooperation between insurance firms, Saudi Central Bank and the General Department of Traffic.
Business
SVC inks pact with IMPACT46
SVC is a government investment firm established in 2018.
- IMPACT46's Fund III will invest in Saudi growth-stage companies and up to pre-IPO stage businesses.
- The fund will allocate capital to seed-stage startups and promising startups from the broader Middle East region.
Geostrategy
1bn tons of food wasted every year while 783m people face hunger: FAO
Rome, Italy - The UN Food and Agriculture Organization (FAO) and the UN Environment Program (UNEP) said one billion tons...
- The agencies said that stopping food loss and waste boosts food security, saves resources and helps reduce our carbon footprint.
- Both the bodies called for urgent action from the public and private sector as well as consumers to save and preserve food
Business
QatarEnergy inks pact with Marubeni
QatarEnergy will supply naphtha to Marubeni for 10 years.
- This pact builds on the five-year Naphtha sales agreement signed in 2018 between QatarEnergy and Marubeni Corporation.
- Japan-based Marubeni Corporation is the largest petrochemical feedstock trading entity and aggregator in Asia.
Geostrategy
RAKEZ team wraps up roadshow to boost trade in China’s Guangdong province
RAS AL KHAIMAH, UAE - A delegation from Ras Al Khaimah Economic Zone (RAKEZ), led by Group CEO Ramy Jallad,...
- The RAKEZ delegation aims to foster deeper ties with local enterprises, prominent trade associations and key government entities.
- The delegation hosted business forums across Guangzhou, Shenzhen and Dongguan cities, highlighting the prospects of the Middle East market.
Business
EIH buys stake in Al Ain Pharmacy
Move aligns with EIH's aim to diversify sources of investment.
- The acquisition is vital for EIH as it seeks to strengthen its investment in healthcare through its subsidiary Health Plus Holding.
- The move will help provide additional and sustainable value to investors and achieve the maximum return on investment.
UAE archaeological finds reveal new human history insights
Discoveries spanning prehistoric settlements, Bronze Age tombs and heritage sites are deepening understanding of ancient communities and their regional connections.
Arts & Culture
Company News
Latest News
Vance hails ‘historic’ US-Iran talks as Trump warns Tehran over Lebanon ‘proxies’
US and Iranian negotiators opened talks in Switzerland amid renewed tensions over Lebanon, with both sides linking progress to regional...
Geostrategy
Saudi tourist arrivals rise to 122.6 million in 2025, spending hits $81 billion
The growth was driven primarily by domestic travel, which reached 93.3 million tourists, up 8.3% from 2024, while inbound visitor...
Business
Trump threatens Hormuz tolls as Iran keeps strait closed ahead of Switzerland talks
The developments came ahead of technical talks between U.S. and Iranian officials expected in Switzerland as both sides seek to...
Geostrategy
Most Read
Business
AD Ports launches UAE-Iraq integrated logistics service
Dubai, UAE -- AD Ports Group has launched an integrated logistics service linking the UAE's Khalifa Port with Iraq's Umm...
- Weekly shipping link targets growing container and Ro-Ro traffic moving between Iraq, the UAE and neighbouring markets.
- Enhanced logistics capabilities at both ports aim to improve cargo handling efficiency and long-term supply chain resilience.
Geostrategy
Lebanon violence tests US-Iran accord as Israeli ministers harden rhetoric
Lebanon's Health Ministry said at least 21 people were killed and 39 wounded in overnight strikes across southern Lebanon.
- "For every tear of an Israeli mother, a thousand Lebanese mothers must weep," Israeli minister Itamar Ben-Gvir wrote on social media.
- Iranian Foreign Minister Abbas Araghchi condemned the remarks, saying they reflected Israel's desire for "permanent war".
Geostrategy
Vance rebukes Israeli critics of Trump-Iran deal, says US remains Israel’s only ally
Vance said that if he were serving in Israel's cabinet, he would not be "attacking the only powerful ally that...
- Israeli leaders insist they retain freedom to confront Hezbollah and Iran regardless of terms in the U.S.-Iran accord.
- Vance earlier this week that the accord would make both Israel and the wider region safer and expressed confidence that Israel would eventually support it.