Cisco identifies major AI trends for 2024
DUBAI, UAE – Developments in Artificial intelligence (AI) have been impacting businesses, governments and economies across the world. Advancements in...
Business
Alef Group announces US$84m sales transaction at ACRES 2024
SHARJAH, UAE - Alef Group concluded its participation in the ACRES Real Estate Exhibition 2024 with resounding success, generating significant...
Business
Economy
SALIC gets Saudi Grains Organization contract to supply wheat
The amount awarded represents 20 percent of the total allocated to investors abroad, Governor of SAGO, Ahmad Al-Fare said.
- The SALIC, owned by the Public Investment Fund, was established in 2011 to secure food supplies for the Kingdom
- The amount awarded represents 20 percent of the total allocated to investors abroad, Governor of SAGO, Ahmad Al-Fare said
Economy
Egypt to sign wheat-for-goods swap deal with India to fight shortage
Moses Elhy met with the Indian ambassador to Egypt on Wednesday to discuss the potential swap agreement for 500,000 tons...
- Moses Elhy met with the Indian ambassador to Egypt on Wednesday to discuss the potential swap agreement for 500,000 tons of wheat
- The Egyptian government has also in talks with the UAE, the US and western Europe in a bid to ease potential shortages
Economy
Govt says 200 Qatari nationals got jobs in private firms in May
The Labor Ministry has made a lot of efforts to ensure that Qatari nationals get employment in private sector companies...
- 10 companies and institutions had cooperated with Labor Ministry to employ Qatari nationals in May
- Since January 729 Qatari nationals have been employed in private sector companies and institutions
Business
Jordan’s exports to US rise by six percent in first quarter
Jordan's trade balance with the United States registered a surplus of JD105 million ($147.85 million) in the first quarter of...
- Garments and textiles are key exports to the US market, followed by engineering industries, foodstuff, Dead Sea cosmetics, and jewellery.
- The trade balance recorded a surplus of $147 million in Q1.
Business
OIFL to pay GMTN interest
The Ooredoo subsidiary said it will pay $9.3 million on June 22.
- Ooredoo Group reported a revenue of QR 30 billion ($8.23 billion) for the full year ended 31 December 2021.
- Group net profit attributable to shareholders stood at QR47m.
Economy
Jordan’s wholesale price index up 5.6 percent as fuel, mineral prices surge
Jordan’s wholesale price index in Q1 2022 increased by 5.66 percent, reaching 102.64 points against 97.14 during the same period...
- The wholesale price index in the first quarter of 2022 went up by 2.08 percent compared to the fourth quarter of 2021.
- The boost in price of machine trade and their supplies by 5.33 percent or 0.49 points played a role in the index increase.
Business
Jordan’s energy ministry signs two MoUs for copper, gold exploration
The Ministry of Energy and Mineral Resources on Sunday inked an MoU with a local company to explore for copper...
- The Jordan Integrated Mining and Exploration Company will conduct a 16-month copper exploration of a 78-square-kilometre area.
- The Turkish "Solvest Trade and Industry Limited Company" will conduct a 14-month gold exploration in the Abu Khashiba Valley.
Videos
What Gulf netizens searched for in 2021?
Google's yearly report of top trending searches reveals the most popular keywords and topics across different categories, such as 'How...
- In 2021, the three top 'How to' searches were "How to help Afghan refugees", "How to help Texas" and "How to help India COVID".
- “TikTok pasta”, “Bacon jam” and “Birria tacos” were the three most searched recipes in 2021.
Economy
Kuwait backs Turkish-Arab foray into job-oriented philanthropy
Kuwait's Ambassador to Turkey and several Kuwaiti organizations have supported the concept of Core Istanbul
- Kuwait Islamic Charity Organization backs Core Istanbul for its initiative to help young people get jobs
- The concept of Core Istanbul is called as a more business-oriented approach towards philanthropy
Economy
Interior Ministry launches Makkah Route Initiative in 5 countries
Makkah Route Initiative aims to complete procedures in pilgrims countries with ease including issuing visa electronically, taking biometrics, completion of...
- Makkah Route Initiative launched as part of Pilgrim Experience Program under the Saudi Vision 2030
- The Initiative has been launched in Pakistan, Malaysia, Indonesia, Morocco and Bangladesh
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Cisco identifies major AI trends for 2024
DUBAI, UAE – Developments in Artificial intelligence (AI) have been impacting businesses, governments and economies across the world. Advancements in...
Business
Company News
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FTX goes bankrupt in US
Business
UAE, UK experts discuss science, tech help in net-zero agenda
ABU DHABI, UAE - Experts from UK and the UAE participated in a Sci-Tech Virtual Tour of the Emirates science...
Geostrategy
Dubai Health Authority wins International Data Corporation award
DUBAI, UAE - The Dubai Health Authority recently won the 'Best in Future of Operations' category at the International Data...
Economy
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Geostrategy
UAE President visits Qatar in sign of improving ties
Ending a yearslong estrangement between the two countries, the UAE President Sheikh Mohamed bin Zayed will arrive in Doha today...
- According to WAM, the visit comes in response to an invitation from the Emir of Qatar Sheikh Tamim bin Hamad Al-Thani, and builds on the existing relations between the two nations
- The two leaders are expected to discuss bilateral ties and ways to enhance cooperation between the two Gulf states
Jordan PM launches women empowerment strategy
This strategy aims to eliminate all forms of gender-based discrimination.
- This strategy aims to eliminate all forms of gender-based discrimination
- It also aims to enhance women's participation in the labor market
Geostrategy
Jordan and Algeria renew pledge to boost economic ties
Algiers, Algeria— Jordan's King Abdullah and Algeria President Abdelmadjid Tebboune have stressed the importance of bolstering ties between the two...
- The leaders stressed the importance of bolstering cooperation between Jordan and Algeria, especially in the political, economic, trade, investment, and defense fields
- The king emphasised Jordan’s support for Algeria in its efforts to make the outcomes of the recent Arab Summit a success