Roadmap out for environmental education, sustainable development at WEEC2024
ABU DHABI, UAE - The Abu Dhabi Roadmap, a high-level plan outlining global recommendations to bolster Environmental Education (EE) and...
solutions by stc, Devoteam ink MoU
The aim is to foster avenues for collaboration in technology.
Business
Economy
Saudi Arabia lifts travel ban on Turkey, India, Ethiopia, Vietnam
The decision was based on the findings of the competent health authorities about the epidemiological situation in these countries.
- The decision was based on the findings of the competent health authorities about the epidemiological situation in these countries
- Earlier this month, the kingdom lifted measures intended to prevent the spread of the virus, such as the requirement to wear face masks indoors
Infographics
GCC countries likely to issue less debt this year
The Gulf region seems to have a better fiscal positions thanks to high oil prices and the recovery of the...
- The region seems to have a better fiscal positions thanks to high oil prices and the recovery of the economies from the Covid-19 related woes.
- Analysts last year were especially concerned about Bahrain and Oman whose government debt ratios had risen sharply in recent years.
Business
Al Seer acquires 2 VLCCs
Each carrier has a carrying capacity of 320,000 deadweight tonnage.
- The VLCCs allow for crude oil cargo, provisions, lubricant and fuel.
- Under current market conditions, these newly acquired tankers are expected to provide estimated returns of more than 20 percent.
Business
Abu Dhabi-based Al Roeya newspaper closed down
The CEO of IMI Nart Bouran reportedly visited Al Roeya's Dubai office to announce that the management has decided to...
- More than 100 journalists, editors and others lost their jobs as the Arabic newspaper Al Roeya shuts down
- The last edition of the business newspaper will be printed on Tuesday
Economy
UAE joins global clean energy partnership body
The partnership will enable access to a global hydrogen knowledge database and encourage cooperation with related initiatives and concerned entities.
- Joining the global initiative will support the UAE's long-term policies related to energy and hydrogen
- It will boost the UAE's stature as a leading contributor to the development of international policies related to hydrogen
Business
EDB to showcase its financing solutions at ‘Make it in Emirates Forum’
Emirates Development Bank (EDB) will participate in the first "Make it in the Emirates Forum" to be held on 21-22...
- The forum is organized by the Ministry of Industry and Advanced Technology.
- EDB is a key partner in the Ministry’s efforts to empower the industrial sector.
Geostrategy
‘Autonomous universities offer advantages for Saudi Arabia’
A publication aims to explore trends and critical factors for future success in an autonomous higher education system in Saudi...
- University leaders in Saudi Arabia will be held accountable for adopting new policies and regulations
- A publication illustrates the issues from supply to demand-led, digital ways of working, age of the learner as a customer.
Business
Expo City Dubai to open on 1 Oct, will house HQ of DP World
Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum said the Expo site will be transformed into Expo City Dubai, which...
- The new city will continue to host the pavilions of Saudi Arabia, Morocco, Egypt and will be the first WELL-certified community in the region.
- Three of Expo 2020’s most visited attractions-- Al Wasl Plaza, the Garden in the Sky observation tower and the Surreal water feature--will remain.
Business
CNN, IMI partner to launch CNN Business Arabic
The news channel will combine the digital first knowledge within the IMI group with the brand recognition and newsgathering capabilities...
- The news channel will combine the digital first knowledge within the IMI group with the brand recognition and newsgathering capabilities of CNN
- The channel will join a network of ten existing CNN-branded partners which operate under license in countries around the world
Business
DP World, Saudi Ports Authority to establish Jeddah Logistics Park
The port-centric park will boost Jeddah Islamic Port’s re-export activities and reduce the time and cost of logistics for importers...
- The port-centric park will boost Jeddah Islamic Port’s re-export activities and reduce the time and cost of logistics for importers and exporters
- It will also offer processing, labelling, fulfilment, consolidation, de-consolidation, and temperature-controlled storage for cargo
Roadmap out for environmental education, sustainable development at WEEC2024
ABU DHABI, UAE - The Abu Dhabi Roadmap, a high-level plan outlining global recommendations to bolster Environmental Education (EE) and...
Company News
Latest News
Mubadala acquires stake in ACX
Business
Global government spending on clean energy transitions rises to $1.2 trillion
The increase brings total amount of investment support that governments have allocated to clean energy to $1. 215 billion.
Economy
US climate envoy commends decision to hold COP28 in UAE
Washington, US— The US has commended the decision to hold next year’s 28th UN climate change conference in the UAE....
Economy
Jordan minister opens Grotto of the Nativity in Dead Sea
The Grotto of the Nativity, the largest in Jordan, is a model that represents the birth of Jesus Christ, the...
Economy
Most Read
Geostrategy
Saudi Crown Prince: ‘Arabs will race for progress and renaissance once again. We will prove that every day’
China has established comprehensive strategic partnership relations with 12 Arab countries separately, says Xi Jinping during Arab-China Summit in Riyadh.
- China has established comprehensive strategic partnership relations with 12 Arab countries separately, says Xi Jinping during Arab-China Summit in Riyadh
- The summit vowed to confront the food, energy and climate crisis, and find political solutions to thorny issues and working to maintain peace and security in the region
Business
Dubai records weeklong real estate transactions worth $2.48 billion
Dubai, UAE --Dubai recorded a total of 3,186 real estate transactions worth over AED 9.1 billion ($2.48bn) during the week...
- The DLD report said that 419 plots were sold for AED 2.24 billion, while 2,233 apartments and villas were purchased for AED 4.64 billion.
- The top three transfers for apartments and villas were apartments for AED 54 million, AED 50 million and AED 37 million.
Economy
Tourists, cruises, flights to Aqaba on the rise in December
AQABA, JORDAN - The southern city of Aqaba is welcoming an increasing number of local visitors and foreign tourists of...
- The ports of Aqaba are expected to receive eight giant cruise ships carrying about 2,700 tourists each.
- King Hussein International Airport in Aqaba has received 18 flights from abroad in since the beginning of December.