Israelis raid Al-Aqsa, homes of Palestinians in Ramallah
RAMALLAH, PALESTINIAN TERRITORIES / JERUSALEM – Israeli forces carried out Sunday a series of raids in several towns in the...
Geostrategy
Economy
Quality education could add $2.54 trillion to global economy
A worldwide improvement in students’ capacity for problem-solving to the average level of today’s top 10 scoring countries could add...
- Children today need to find their way in an increasingly uncertain world – a post-pandemic world of climate change, automation and rapid digitisation, a WEF report said.
- The report suggested that investing in the workforce and supporting teachers to teach in new ways, using innovative teaching methods, is critical to unlock these skills.
Business
IHC completes $2bn Adani deal
IHC to provide capital to Adani firms for green energy projects.
- The deal represents 4.87 percent of the total trade between the UAE and India, which has reached $41 billion between 2020 and 2021.
- India's total electricity generating capacity is more than 390GW, and renewables exceed 100 GW.
Business
Women empowerment key focus as region eyes growth
Top executives, officials and experts explore ways to strengthen the role of women in regional business dynamics during the TOP...
- The first day of the conference is dedicated to women under the "Arab Women Forum," where conversations will be hosted to explore regional and global business dynamics
- The Top CEO Conference is an open discussion among thought leaders, executives, and senior government officials and its purpose is to bring global issues into a regional context
Business
‘We ensure aging CEOs stay at top of their game’
Mike Frayne, the CEO of Aviv Clinics Dubai, tells TRENDS that their medical program helps aging C-suite executives to get...
- 'Aviv’s unique medical program can reverse this decline. For a CEO or C-suite executive, this means that they can be at the top of their game for longer. '
- With growing investments in the healthy aging sector, we now can take control over the aging process and reverse some of the physical and cognitive declines '
Business
Emaar Properties Q1 profits up 241%
The firm's revenues stand at AED 6.63 billion in the first quarter of 2022.
- The firm sees robust property sales and significant improvement in the performance of recurring revenue businesses
- The property sales backlog amounted to AED 45.24 billion by the end of the first quarter this year.
Economy
Oil demand exceeded 2019 levels in March, production lags
New data from the Joint Organisations Data Initiative (JODI), a Riyadh-based international collaboration to improve the availability and reliability of...
- Oil demand in March was at 101 percent of 2019 levels, while crude production was only at 97 percent. Demand exceeded 2019 levels despite sharp declines in China
- Demand for gasoline, diesel, and LPG exceeded pre-COVID levels in March, but jet fuel demand was 25 percent lower than 2019 levels
Economy
UAE spent $10.89bn on development projects under Late Sheikh Khalifa
The UAE accomplished many achievements under the rule of the late Sheikh Khalifa bin Zayed Al Nahyan, including being ranked...
- His rule saw the establishment, completion and upgrading of more than 230 public schools, and the development of a world-class system of hospitals and 32 federal health facilities.
- He also supported fishermen by establishing more than 24 fishing ports.
Business
Dubai lures world investors with promise of big returns
Defying grim expectations of economic recession battering the world economy, Dubai has burnished itself by attracting a heavy dose of...
- The emirate has won over more than 600 FDI projects, including greenfield projects last year
- Dubai’s economy grew 6.3 percent in the first nine months of 2021
Business
e& buys stake in Vodafone
It bought a 9.8% stake for $4.4bn in the British firm.
- Formerly known as Etisalat, the company has acquired around 2,766 million shares in Vodafone Group
- The transaction comes in line with the telecom company’s efforts to become a global player in the field and increase its exposure to international markets
Science
Stay off social media to improve your mental health: Study
It’s no secret that too much social media can be bad for one’s mental health. Now, research suggests that taking...
- Staying off social media for a week meant, for some study participants, gaining about nine hours of free time, which improved their well-being, British researchers report.
- Those who took a break from social media had significant improvements in well-being, depression and anxiety, compared with those who continued to use social media, the study found.
Company News
Latest News
Marafiq IPO oversubscribed
Business
Aramco completes three transactions with Polish refiner and fuel retailer
As part of the transaction, first announced in January 2022, the company acquired equity stakes of 30% in a 210,000...
Business
AMEA Power completes $1.1bn deal to deploy 1GW of energy projects in Egypt
The landmark 500 MW wind and 500MW solar projects, represent US$1.1bn of investment into the Egyptian economy and takes the...
Business
Turkey’s economy to grow 5 percent in 2022: Poll
In 2021, Turkey's economy rebounded from the COVID-19 pandemic to grow 11.4 percent.
Economy
Most Read
Qatar Charity organizes events for its sponsored orphans around the world
The events aim to focus on the rights of the child and the duties of states and societies in order...
- The events aim to focus on the rights of the child and the duties of states and societies in order to protect and care for them
- Sponsored children, including children with disabilities, participated in several activities in Pakistan, Bosnia, Djibouti, Yemen, Somalia, Albania, Tunisia, Kosovo, and Turkey
Science
UAE moon rover launch put off, to run more ‘pre-flight checks’
Dubai, UAE— The UAE’s moon rover launch has been delayed by one day in order to run more pre-flight checks,...
- Rashid Rover, the Arab world’s first lunar mission, is now scheduled to launch at 8:37 a.m. (GMT) on Thursday, Dec.1, from Cape Canaveral in Florida, US
- The integrated spacecraft once launched will take a low-energy route to the moon rather than a direct approach
Economy
Saudi Arabia extends term of $5 billion deposit for Central Bank of Egypt
The Egyptian economy has been hard-hit by the coronavirus pandemic and the war in Ukraine.
- The Egyptian economy has been hard-hit by the coronavirus pandemic and the war in Ukraine
- The package would allow Egypt to open '‘new financing channels with regional and international organizations''