Egypt leads Arab world in population with 113m citizens
DUBAI, UAE – Egypt stands as the most populous Arab country with 113 million people, marking it the 14th largest...
Geostrategy
UN General Assembly approves US$3.59bn budget for 2024
NEW YORK, US - The United Nations General Assembly (UNGA) approved a US$3.59 billion budget for 2024, including establishing a...
Geostrategy
Business
Oman natural gas production sees slight increase
The country’s National Center for Statistics and Information has announced that the country’s production of natural gas at the end...
- The consumption of natural gas in industrial areas rose 13.9 percent in March this year, compared to the same period in 2021
- Gas consumption witnessed a decrease in oil fields by 7 percent and in power plants by 3.3 percent at the end of last March
Business
Jeddah Yacht Club Marina Zone all set for Jeddah Season 2022
Jeddah Yacht Club Marina zone will receive on Sunday the visitors to the Jeddah Season 2022 with a variety of...
- The Marina Yacht Club zone is known for its magnificent sea view
- The club contains a marina for ships and boats up to 135 meters in height
Geostrategy
We oppose expansion of settlements in West Bank: State Dept
The US has said that it opposed Israel’s plans to build new settlements in occupied Palestinian territories after Israeli officials...
- The State Department’s deputy spokesperson, Jalina Porter, said that the US was aware of Israel’s decision to advance new West Bank settlements to May 12
- Israeli officials told Biden administration officials that if no new building was approved in the settlements, the government could collapse
Business
Saudi Arabia okays six tourism projects worth $400 million
Saudi Arabia has okayed six tourism projects to the tune of $400 million in the first quarter of 2022.
- Saudi Arabia’s Tourism Development Fund, on its official Twitter account, stated that it launched three main programs
- The fund also concluded partnerships and agreements with the Ministry of Culture, the Cultural Development Fund, Radisson Blu and Deutsche Hospitality
Business
Sharjah Ramadan Festival concludes with over AED250m in sales
The event drew a huge number of shoppers and visitors of different nationalities driven by the great deals, promotions and...
- The event drew a huge number of shoppers and visitors of different nationalities driven by the great deals, promotions and discounts that met their needs
- Over 2,000 shops participated in the festival, offering a wide range of products in all cities and regions of Sharjah with discounts of up to 75 percent on the most popular fashion
Geostrategy
Lebanon explores defense ties with Qatar
C1, geostrategy, Lebanon, gratitude, Qatar, support, the Lebanese Army, Minister of National Defense, Maurice Sleem, Qatari Ambassador to Lebanon, Ibrahim...
- Minister of National Defense, Maurice Sleem, on Friday welcomed Qatari Ambassador to Lebanon, Ibrahim bin Abdulaziz Al-Sahlawi
- Sleem thanked Qatar for its "permanent support for Lebanon and the Lebanese Army, which reflects the depth of the brotherly relationship that unites Lebanon and Qatar."
Economy
Lebanon expat voters’ turnout in Arab countries and Iran reaches 36.43%
The election is expected to be a referendum on the country’s ruling class, which is widely blamed for the economic...
- A total of 11,268 Lebanese in Arab countries and Iran voted in the election of the country on Friday
- This raised the overall turnout of expatriates in the country’s presidential poll to 36.43 percent
Business
Saudi Arabia to attract $32bn investment in mining sector
The investment is expected to be made in nine new projects across the country.
- The projects are aimed at supporting supplies of mineral products to local and international markets
- The ministry is currently studying 145 applications for exploration licenses from foreign companies
Geostrategy
Jordan king meets US military officials in Tampa
The meetings covered means of enhancing military and defense cooperation between Jordan and the United States.
- The meetings covered means of enhancing military and defense cooperation between Jordan and the United States
- Discussions also addressed regional and international efforts to fight terrorism within a holistic approach
Jordan’s central bank raises interest rate ‘to curb inflationary pressures’
The Central Bank of Jordan (CBJ) on Thursday decided to increase the interest rate on its various monetary policy instruments...
- The bank also decided to extend the bank’s refinancing program that targets 10 sectors of economy.
- It decided to keep the refinancing programs’ interest rates unchanged to stand at 1 per cent for projects located in Amman and 0.5 per cent for projects in other governorates.
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Egypt leads Arab world in population with 113m citizens
DUBAI, UAE – Egypt stands as the most populous Arab country with 113 million people, marking it the 14th largest...
Geostrategy
Company News
JAHEZIYA, Enekom ink pact
Business
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du revenues vault 10.5%
Business
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...
Economy
Global economic crisis takes fizz out of MENA startups
MENA startups had begun the year with a deluge of funding from investors, but toward the year end a dark...
Business
NEXT50 unveils platform for firms to maximize their business values
Abu Dhabi, UAE -- NEXT50 today launched PLATFORM50, a one-stop-shop solution for organizations to maximize business value and address tomorrow’s...
Business
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Videos
Saudi Aramco only behind Apple in market cap
The world's largest producer of oil and world's most profitable company marginally overtook Apple with a market capitalization in excess...
- Technology companies have dominated the top five, with four companies being from this sector in the past 10 years.
- Though primarily owned by the state, the energy giant raised $29.4 billion in an Initial Public Offering in 2019.
Economy
Mohammed bin Rashid approves Dubai rural area development master plan
DUBAI, UAE - Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai has approved the...
- The Plan seeks to preserve the nature of areas including Lehbab, Margham, Al Marmoom, Al Lisaili, Al Faqaa and Al Aweer.
- It also aims to offer a unique touristic experience and transform each area into a key tourist destination in the emirate.
Business
Dubai plans to set up country-specific councils to boost non-oil foreign trade
Dubai, UAE---Dubai Chambers unveils plans to establish new country-specific business councils operating in the emirate and expand their roles to...
- The announcement was made by Abdul Aziz Al Ghurair, Chairman of Dubai Chambers at the Diplomatic Circle Dinner 2022.
- More than 150 ambassadors, consul generals and commercial attachés were present at the Diplomatic Circle Dinner 2022.