Geostrategy
Washington to remain fully engaged in Middle East, says Biden
US President Joe Biden told Arab leaders on Saturday that Washington would remain fully engaged in the Middle East and...
- The summit, the final stop of Biden's Middle East tour, brought together the six members of the GCC as well as Egypt, Jordan and Iraq
- Bahrain's King Hamad bin Isa Al Khalifa urged the leaders attending the Summit to join hands to find solutions to Palestinian and Yemeni crises
Economy
Abu Dhabi EAD launches environmental labeling program
The Environment Agency - Abu Dhabi (EAD) launched the 'Green Industries' environmental labeling program. The program is based on best...
- The 'Green Industries' environmental labeling program is based on best international practices in the field of eco-labeling
- The program aims to build mutually supportive partnerships to enhance the contribution of industrial facilities to environmental protection.
Geostrategy
Saudi citizens’ US visitor visas validity raised to 10 years
The United States Mission to Saudi Arabia has announced that Saudi citizens visitor visas (B1/B2) validity has been increased from...
- The visitor visas (B1/B2) validity has been increased from five to 10 years and will be applicable from August 1, 2022
- The decision on the visas has been taken in cooperation with the Saudi government on a reciprocal basis
Geostrategy
GCC nationals can now visit Bahrain with just ID cards
Bahrain will permit nationals of the Gulf Cooperation Council to enter into the kingdom with just an identity card or...
- The move follows the decision of GCC countries to resume the procedure of allowing ID cards as a travel document
- This decision is in line with the facilities provided for GCC nationals in order to ease travel procedures for them and ensure their interests and those of their families
Economy
Saudi inflation inches up to 2.3%, driven by high food prices
Inflation in Saudi Arabia jumped to 2.3 percent, in June, from 2.2 percent in May, driven by a rise in...
- While the annual growth in the transport index slowed to 2.47 percent in June from 4.05 percent in May, the growth rate in the housing and utilities group doubled to 1.02 percent
- The food and beverages category’s contribution to headline inflation changed less in June compared to May at around 36 percent
Geostrategy
Biden vows to defend KSA, halt Iran’s nuclear bid
A joint communiqué, issued after US president's meetings with King Salman and Crown Prince Mohammed bin Salman, outlines the strategic...
- The two countries reaffirmed their commitment to a stable global energy market, particularly in light of the current crisis in Ukraine and its consequences
- Regarding the ongoing war in Ukraine, the two sides underscored the need for maintaining a rules-based international order
Business
Saudi Arabia, US sign 18 agreements in key sectors
The agreements -- covering space, investment, energy, communications and health -- aim to strengthen bilateral relations between the two countries.
- The agreements -- covering space, investment, energy, communications and health -- aim to strengthen bilateral relations between the two countries.
- The deals include 13 agreements made with the Ministry of Investment, the Royal Commission for Jubail and Yanbu and numerous private sector firms
Business
Dubai records weeklong real estate transactions worth $1.49 billion
A total of 1,614 transactions were recorded, including 186 plots that were sold for AED 594.72 million and 1,004 apartments...
- Al Hebiah Fifth recorded the most transactions for this week by 105 sales transactions worth AED 262.43 million.
- A total of 80 properties were granted between first-degree relatives worth AED 479 million.
Geostrategy
Jordan’s minister holds series of meetings with UN officials
Jordan's Minister of Planning and International Cooperation Nasser Shraideh held a series of meetings at the High Level Political Forum...
- The Jordanian minister met with several senior UN officials and presented the country's 2nd Voluntary National Review
- The minister briefed the UN officials on social and economic challenges facing the Kingdom
Economy
Chairman, CEO of Expo City Dubai Authority appointed
Vice President and Prime Minister of the UAE Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as the Ruler...
- Expo City Dubai Authority seeks to reinforce Dubai's position as a leading destination for global exhibitions
- The Authority will facilitate sharing of knowledge and experiences related to the management and organization of major events
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Company News
Latest News
KIPCO merges with QPIC
Business
Dubai conference explore ways to nullify environment challenges
This is especially important with the ongoing preparations for the UAE to host the 28th Conference of the Parties by...
Science
GCC’s digital economy forging ahead rapidly, says Oman IT minister
Muscat, Oman - Saeed bin Hamoud Al Maawali, Omani Minister of Transport, Communications and Information Technology, has said that the...
Business
UAE, Morocco discuss ways to boost cooperation in energy, industry
Rabat, Morocco - UAE and Morocco discussed ways of boosting their cooperation and investment opportunities in industry, economy, investments, culture,...
Business
Most Read
Arts & Culture
DEWA wins top award by UK based institute
Dubai, UAE - Dubai Electricity and Water Authority (DEWA) won the Best Creative Electricity and Water Solutions Brand by Global...
- Saeed Mohammed Al Tayer, MD and CEO of DEWA, expressed his happiness with the award
- DEWA received many accolades in excellence in 2021, including winning the Sheikh Khalifa Excellence Award (SKEA) in the Elite Category.
Business
AD Ports signs pacts with Kyrgyzstan to promote trade with Central Asia
Abu Dhabi, UAE--- AD Ports Group has signed two major agreements with the Government of Kyrgyzstan to promote trade and...
- Under the first pact, 300,000 sqm land within KEZAD will be secured to develop and operate a logistics hub and customs area.
- Under the second agreement, Maqta Gateway will initiate a strategy for the Ministry of Finance for developing a customs and border management solutions.
Business
Saudi fund launches program to assist real estate finance companies
Riyadh, Saudi Arabia---Saudi Arabia’s Real Estate Development Fund has launched a program to provide short and medium term financial facilities...
- The kingdom aims to raise the percentage of home ownership to 70 percent by 2030 under its Vision 2030 program.
- The financing program is also aimed at stimulating the mortgage market in line with the requirements of the Saudi Refinancing Company.