Sheikh Hamdan issues resolution regulating single-use products in Dubai
DUBAI, UAE - Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive...
Geostrategy
Human Rights Monitor submits documents on Gaza executions to UN
GENEVA, SWITZERLAND - The Euro-Mediterranean Human Rights Monitor documented, in a preliminary file submitted to UN special rapporteurs and the...
Geostrategy
Business
Arabian Travel Market 2022 kicks off in Dubai
The Chairman of Dubai World Sheikh Ahmed bin Saeed Al Maktoum, inaugurated the 29th edition of the Middle East’s largest...
- ATM 2022 is part of Arabian Travel Week, a 10-day festival of travel and tourism events taking place in Dubai
- It provides a vital platform for tourism and travel industry leaders in the Middle East
Infographics
GCC central banks confront surging inflation
After the Fed Reserve raised interest rates to rein in the 40-year-high inflation, GCC members followed the suit as most...
- Qatar had the highest rate of inflation in the Gulf Cooperation Council region.
- At 2 percent, the region's largest economy, Saudi Arabia, had the lowest inflation rate.
Business
UN seeks $80m from donors to remove ship off Yemen coast
The UN will ask for $80 million in donations in order to remove nearly a million barrels of oil on...
- UN-backed engineers have been prevented from inspecting the 45-year-old ship by the Iran-backed Houthis
- A new scheme devised by UN Humanitarian Coordinator for Yemen David Gressly will see the UN attempt to raise $80 million from donors at a conference
Business
DEWA inches closer to finishing $72.42m water project
Dubai Electricity and Water Authority (DEWA) has completed 98.83% of its project to extend its water transmission network by 36...
- The project includes enhancement of water network including installation and commissioning of pipelines
- DEWA’s efforts have reduced the losses in water transmission and distribution networks from 42% in 1988 to 5.3% currently
Economy
Dubai establishes Debt Management Office for financing needs
Dubai has announced the establishment of a Debt Management Office that would be responsible for government's financing requirements, managing the...
- Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum appointed Rashid Ali bin Obood Al-Falasi as the Chief Executive Officer of the DMO.
- It will also be responsible for managing the sovereign debt portfolio and setting strategic objectives and policies.
Economy
Jury completes evaluation of ‘One Million Arab Coders’ entries
Dubai Future Foundation said Monday that the jury has finished evaluating the projects that qualified for the final stage of...
- The participants presented their innovative ideas based on programming techniques and applications, and compete for prizes totaling $1.35 million.
- A total of 20 projects made it to the final stage of the challenge, the best of which will receive the $1 million grand prize.
Arts & Culture
Jordan king, queen to receive Path to Peace Award in New York
The award will be presented by the Path to Peace Foundation affiliated with the Permanent Observer Mission of the Holy...
- The award will be presented by the Path to Peace Foundation affiliated with the Permanent Observer Mission of the Holy See to the United Nations
- It comes in appreciation of their role in promoting interfaith harmony and dialogue, as well as bolstering prospects for peace
Geostrategy
Qatar, Kuwait warn against Israeli settlement plans
Qatar has warned against the plans of the Israeli occupation authorities to approve about 4000 new settlement units in the...
- Qatar has warned against the plans of the Israeli occupation authorities to approve about 4000 new settlement units in the occupied West Bank
- Kuwait ministry of foreign affairs said that these settlement schemes, which blatantly violate international law and legitimacy; mainly the resolution 2334
Saudi King Salman to stay in hospital after colonoscopy
On Sunday afternoon doctors performed a colonoscopy “and the result was sound”, the Saudi Press Agency later said.
- On Sunday afternoon doctors performed a colonoscopy “and the result was sound”, the Saudi Press Agency later said
- The king underwent gallbladder surgery in 2020 and had the battery of his heart pacemaker replaced in March
Business
Aramco shares up 3 percent
Oil prices continue to spike, beefing up energy companies.
- The stock price slightly retreated to SR45.8 later in the day at 12:07 p.m. Saudi time.
- Saudi Aramco now holds the second largest market valuation globally of SR9.15 trillion.
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Sheikh Hamdan issues resolution regulating single-use products in Dubai
DUBAI, UAE - Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive...
Geostrategy
Company News
e& posts 1.9% jump in profit
Business
Latest News
Turkish, Egyptian ministers to meet to build ties: Erdogan
Erdogan and Egypt's President Abdel Fattah al-Sisi shook hands last week in Qatar, signalling a fresh beginning in their ties.
Geostrategy
Jordan makes two big seizures of captagon pills on Syrian border
Amman, Jordan— Jordan has seized a big haul of drugs being smuggled into the kingdom from Syria in two different...
Economy
AMF signs US$1bn agreement to shore up Yemeni government reforms
Riyadh, Saudi Arabia—The Arab Monetary Fund has signed a $1 billion agreement with the Yemeni government to shore up the...
Economy
Most Read
Business
Global Data Dialogue summit in Dubai to discuss AI, public policy, media
The summit will bring together data leaders, high-level government officials, entrepreneurs, technologists, scientists and journalists to engage in dialogue on...
- The summit will bring together data leaders, high-level government officials, technologists, scientists and journalists to engage in dialogue on making data a global good
- Participants will be provided opportunities to network, and participate in plenary sessions, flash talks and a fact-checking workshop
Economy
Egyptian LNG exports will exceed 8 million tonnes in 2022: Minister
Ninety percent of Egyptian LNG exports will be destined for European Union countries, El Molla said.
- Ninety percent of Egyptian LNG exports will be destined for European Union countries, El Molla said
- He said the companies will focus on reducing emissions from production operations while stepping up their activities
Economy
Rate cuts may help in avoiding chronic recession
It is logical for the FRB to halt the wave of escalation of interest rates on the dollar, which was...
- The Federal Reserve may reverse its policies and reduce interest rates to ensure preservation of the US and global economies, says an economist
- It is logical for the Fed Reserve to pursue it policy in halting the wave of escalation of interest rates on the dollar, Qatar-based Bashir Al Kahlout adds