OIC to hold extraordinary meeting on Israeli aggression on March 5
Jeddah, Saudi Arabia - The Organization of Islamic Cooperation (OIC) will hold an extraordinary meeting of its Council of Foreign...
Geostrategy
Geostrategy
Iraq seeks to boost relations with Algeria in multiple sectors
Prime Minister Mustafa Al-Kadhimi affirmed Saturday Iraq aspires to strengthen the relations with Algeria in various fields. "PM Al-Kadhimi received...
- The Algerian Foreign Minister noted his country's desire to enhance communication with Iraq.
- Both the countries are looking to face common challenging issues like energy and food security.
Geostrategy
Sharjah Education Council reveals new educational strategy
The Sharjah Education Council launched its 2023-2025 strategy at a meeting held at its headquarters in Sharjah, in cooperation with...
- The strategy was prepared after considering various aspects of stages of the council’s strategic plan.
- Sharjah Education Council said the council's strategy is a result of changing educational standards.
Arts & Culture
Iraq receives 125 antiquities borrowed from Germany
Iraq has received 125 antiquities borrowed from Germany, Foreign Ministry spokesman Ahmed Al-Sahaf announced Sunday. "The Embassy of the Republic...
- Iraqi ambassador to Germany Luqman Abdel Rahim Al-Faili praised the efforts of the Institute of Archeology.
- Al-Faili wished continued cooperation with the German side in the cultural field and archaeological excavations.
Economy
Dubai most expensive city in Arab world
Mercer’s 2022 Cost of Living City Ranking ranks the emirate the 31st most expensive city in the world.
- Mercer survey is aimed at providing employers data to help them navigate compensation strategies for their mobile employees in the world.
- Urkaine conflict, rising inflation and volatility of markets has affected the cost of living for most of the people in the world.
Economy
Dubai to provide 2,000 residential plots at Umm Nahad Fourth
The Higher Committee for Development and Citizens Affairs, chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince...
- The Higher Committee for Development and Citizens Affairs approved immediate allocation of 2,000 residential plots at Umm Nahad Fourth area
- The step comes as part of the Housing Program for Dubai Citizens to meet the requirements and needs of Emirati families
Business
Center to combat financial fraud inaugurated in Saudi Arabia
A Joint Operations Center for Saudi Banks tasked with following up and monitoring cases of financial fraud that bank customers...
- The center brings together all Saudi banks under one roof to improve the customer experience and tackle confirmed cases of financial fraud.
- The Center’s establishment came from from the Saudi Central Bank’s support for the stability of the banking sector, said SAMA governor.
Arts & Culture
Nearly 30 percent of Saudi residents exercise for 150 minutes a week
About 30 percent of Saudi residents practiced a physical activity for at least 150 minutes per week in 2021, compared...
- Only 20 percent of residents exercised in 2019, according to the General Authority for Statistics (GASTAT).
- 48.2 percent of the resident population practice activity for at least 30 minutes per week, an increase of 3.2 points compared to 2019 (45 percent).
Economy
DEWA says 287 11kV substations commissioned in H1 2022
Dubai Electricity and Water Authority (DEWA) has commissioned 287 11kV substations in Dubai in the first half of 2022. This...
- These 287 11kV substations are primarily in Al Merkad, Jabal Ali First, Saih Shuaib 2, Al Jadaf and Burj Khalifa areas
- Building these substations included 177,875 working hours as per the highest quality, efficiency and safety standard
Business
Ataa acquires Saudi firm Naba’a
The acquisition made through Ataa subsidiary.
- The financial impact will be visible on the financial results for the year ending on July 31, 2022.
- In January 2021, Ataa inked a partnership agreement to acquire 52Â percent of Riyadh-based Al Wasat National Schools for Training and Education Company.
Business
Salama Coop Insurance to cut capital
The company’s shares will also reduce from 25 million to 10 million.
- Salama Cooperative Insurance Company's capital will stand at SAR 100 million
- The Saudi company’s shares will now reduce from 25 million to 10 million.
Company News
Latest News
Mohamed bin Zayed issues law to establish Abu Dhabi Transport Company
ABU DHABI, UAE - In his capacity as the Ruler of Abu Dhabi, President Sheikh Mohamed bin Zayed Al Nahyan...
Business
Saudi Arabia meet discusses upcoming GCC-UK free trade negotiations
Riyadh, Saudi Arabia -- A meeting was held in Riyadh Thursday to prepare for holding the third round of free...
Business
Saudi Arabia’s Film AlUla launches platform for women in cinema, fashion
The launch is part of a year-round program that will allow women filmmakers to collaborate with leading industry professionals and...
Arts & Culture
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Geostrategy
Qatar Emir announces $60 million for Doha Program of Action
Doha, Qatar - Qatar Emir Sheikh Tamim ibn Hamad Al Thani announced Sunday a $60 million financial contribution to Doha...
- Held every 10 years, the UN Conference on the Least Developed Countries comes in the wake of numerous challenges facing the poor nations.
- The summit aims to mobilize international community's commitments towards the implementation of the Doha Program of Action for the LDCs (2022-2031).
Arts & Culture
Sharjah Consultative Council approves  heritage policy
SHARJAH, UAE -Â The Sharjah Consultative Council (SCC) approved recommendations regarding the policy of the Sharjah Institute for Heritage (SIH),...
- The Sharjah Consultative Council said that a database of craftsmen should be prepared.
- The SCC said craftsmen should be granted licenses to practice their crafts.
Geostrategy
UAE, Italy enhance bilateral relations to Strategic Partnership level
ABU DHABI, UAE - The United Arab Emirates and Italy on Saturday announced the enhancement of their  bilateral relations to...
- A pact for cooperation on energy projects and sustainability initiatives between Abu Dhabi National Oil Company and the Italian energy group Eni was signed.
- The MoU aims to strengthen cooperation in the field of emissions reduction, new energy technologies and low-carbon solutions.