Etihad Airways becomes first airline to accept Jaywan payments
Etihad Airways has become the first airline to accept Jaywan, the UAE’s national domestic card scheme, for flight bookings on...
Business
Trump says no Iran talks as Israeli strikes on Syria draw condemnation
Iranian Foreign Minister Abbas Araghchi said Iran was seeking an end to the war and rejected the idea of a...
Geostrategy
Business
ADNOC, TAQA award $2.4bn project for sustainable water supply
Dubai, UAE -- ADNOC and Abu Dhabi National Energy Company (TAQA) Wednesday announced the award of a strategic investment project...
- A centralized seawater treatment facility and transportation network for operations at the Bab and Bu Hasa fields in Abu Dhabi are a part of the project.
- It will replace the current high-salinity, deep aquifer water systems at the fields, reducing water injection-related energy consumption by up to 30 percent.
Business
Sharjah event discusses anti-money laundering practices
SHARJAH, UAE - Sharjah Economic Development Department (SEDD) organized multiple workshops for legal purposes and a number of investors and...
- In the workshops , the legislative frameworks for real beneficiary and combating money laundering were reviewed.
- The purpose of the event is to form an ideal investment climate which supports business continuity, said an official.
Business
UAE Investors Council, EECB sign MoU to boost partnerships
Cairo, Egypt - The UAE International Investors Council (UAEIIC) and Egyptian-Emirati Business Council (EEBC) will work together to enhance the...
- The two councils would work together to score investment opportunities in multiple areas including technology.
- Both the parties are likely to seek partnerships between the business communities and companies of private sector.
Science
Soaring success: First Saudi astronauts reach space
A SpaceX capsule carrying two Saudi astronauts docked with the International Space Station on Monday, as part of a private...
- Rayyanah Barnawi, a breast cancer researcher, becomes first Saudi woman in space, joined by Ali Al-Qarni, a Saudi fighter pilot as Axiom Mission 2 begins
- The space team -- which includes former NASA astronaut Peggy Whitson and businessman John Shoffner -- will carry out 20 experiments on the ISS
Geostrategy
Dubai Customs seizes over 200 samples of endangered animal, plant species since 2020
DUBAI, UAE - Dubai Customs (DC) successfully seized, over the past three years, nearly 330 tons and over 200 samples...
- Dubai Customs plays a vital role in combating attempts to smuggle prohibited materials.
- It conducts public awareness campaigns on protecting endangered animals and plants.
Geostrategy
Sharjah Chamber to send India bound trade group on 29 May
SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) announced it will be sending a trade mission to...
- The initiative aims to bolster economic and trade cooperation, foster mutual investment, and establish promising partnerships between Sharjah and India.
- The upcoming trade mission is expected to support the chamber's strategic goals of driving foreign expansion and exploring new markets.
Business
Abu Dhabi launches program for sustainable beekeeping, honey production
ABU DHABI, UAE - The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has launched an ambitious program to develop...
- The program is based on scientific studies and research to develop the best methods and practices suitable for the UAE environment.
- A vital aspect of the program is the breeding of queen bees capable of adapting to the country's unique environment and climate.
Business
IFZA, Zoho ink deal to enhance digital use in tax returns
DUBAI, UAE- IFZA Dubai signed an agreement with Zoho to provide the members of the IFZA Free Zone community with...
- Zoho One is a cloud-based platform that enables businesses to perform all their functions on a single interface, accessible from anywhere.
- It is a part of IFZA’s commitment to support its Free Zone community in their compliance to the upcoming implementation of the Corporate Tax.
Business
Dubai aviation authority inks deals on use of Web Service technology
Dubai, UAE - The Dubai Civil Aviation Authority (DCAA) signed two deals with Dubai Aviation City Corporation (DACC) and Dubai...
- These agreements aim to foster enhanced cooperation and integrated link using ‘Web Service’ technology.
- The deal outlined establishing an integrated system for paperless governmental operations in Dubai.
Business
Dubai Supreme Council reviews progress in clean energy projects
DUBAI, UAE - Chairman of the Dubai Supreme Council of Energy Sheikh Ahmed bin Saeed Al Maktoum chaired the 76th...
- The meeting discussed the progress of the Hatta hydroelectric power plant, which DEWA is building and is 70 percent complete.
- The meeting also discussed the operation of the region’s first green hydrogen production facility to support diversifying energy sources.
Etihad Airways becomes first airline to accept Jaywan payments
Etihad Airways has become the first airline to accept Jaywan, the UAE’s national domestic card scheme, for flight bookings on...
Business
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Israeli strikes on Lebanon kill dozens
Geostrategy
Forbes lists Emirates Auction CEO among top CMOs
Dubai, UAE -- Omar Matar Al Mannaei, chief executive officer and chief marketing officer of Emirates Auction, has been named...
Business
GCC youth population tops 23.5m as workforce presence expands
Dubai, UAE -- More than 23.5 million people aged between 15 and 34 lived across the Gulf Cooperation Council countries...
Geostrategy
US and Iran agree to ‘immediate’ end to military operations, will sign MoU in Switzerland
The content of the agreement, which follows weeks of fraught negotiations and periodic threats from Trump of fresh hostilities unless...
Geostrategy
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Geostrategy
Trump predicts Iran accord to be signed soon, Hormuz to open
Mediators voiced growing optimism that weeks of negotiations were nearing completion, while competing narratives from Washington and Tehran underscored lingering...
- Iran's Foreign Ministry spokesman Esmaeil Baqaei said a signing date had not yet been determined and indicated an accord would not be signed on Sunday.
- Pakistan Prime Minister Shehbaz Sharif said on X that the agreement was closer “than ever before” and expected to be finalised within 24 hours.
Geostrategy
Iran says draft accord to end the war could be signed within days
Iranian Foreign Minister Abbas Araghchi said the proposed framework would address issues including the U.S. naval blockade and the future...
- Araghchi said Tehran wanted any agreement to allow Iran to charge ships transiting the Strait of Hormuz for what he described as services provided during passage.
- Iran introduced a toll system during the conflict, a move the United States and several other countries have argued violates international law.
Business
China’s LNG ambitions take shape
The 344-meters-long QC-Max vessel, being built by Hudong-Zhonghua Shipbuilding, is designed for a major Qatari LNG expansion project.
- It will carry substantially more cargo than conventional LNG carriers while reducing losses during transport.
- Compared with standard 174,000-cubic-metre LNG carriers, the new design offers around 57% more cargo capacity.