136 UN employees killed in Gaza War, says UN chief
NEW YORK, US - UN Secretary-General Antonio Guterres said on Sunday that 136 United Nations employees in Gaza Strip had...
Geostrategy
Sharjah’s ‘Mleiha’ and ‘Al Dhaid’ added to Islamic World Heritage
Sharjah, UAE - The Islamic World Heritage Committee of the Islamic World Educational, Scientific and Cultural Organization (ISESCO) added the...
Arts & Culture
Business
Dubai Expo draws to a scintillating close
Dubai ended Expo 2020 with a colorful closing ceremony punctuated by fireworks as the UAE leadership vows to 'continue to...
- Six months after the delayed opening of the $7 billion, purpose-built site, Christina Aguilera, Nora Jones and cellist Yo-Yo Ma performed at the LCD-lit Al Wasl Dome
- Expo, housed on a circular site twice the size of Monaco, has been a point of pride for Dubai's rulers and one of a number of projects aimed at grabbing world attention
Research
Soaring global urban tech market to benefit KSA: Mastercard report
The paper has shone a spotlight on how Saudi Arabia’s e-government, tourism, healthcare, and transit sectors stand to benefit from...
- The paper has shone a spotlight on how Saudi Arabia’s e-government, tourism, healthcare, and transit sectors stand to benefit from the smart city revolution in the Kingdom
- The paper highlights 5G, Wi-Fi 6, cloud computing, virtual reality and geospatial technology as focus areas for digital infrastructure to develop cities
Geostrategy
Mohamed bin Zayed, Zelensky discuss Ukraine crisis, negotiation progress
Zelensky expressed his thanks and appreciation to the UAE for being so welcoming to Ukrainian citizens.
- Zelensky expressed his thanks and appreciation to the UAE for being so welcoming to Ukrainian citizens
- Sheikh Mohamed stressed the importance of finding peaceful solutions through negotiation, dialogue and understanding
Economy
Unemployment rate in Saudi Arabia reduced to 11 percent in Q4 2021
The unemployment rate among Saudi citizens reduced to 11 percent in the fourth quarter of 2021. The General Authority for...
- The unemployment rate fell by 0.3 percentage points (pp) from Q3/2021.
- Also, it lowered by 1.6 pp when compared to a year ago in Q4/2020.
Business
German businesses urged to explore investment opportunities in Sharjah
The Sharjah Chamber of Commerce and Industry (SCCI) has called on German businessmen and investors to explore investment opportunities within...
- A German business delegation attended a forum organized by the Sharjah Chamber of Commerce and Industry.
- Gulf Cooperation Council (GCC) countries are the seventh-largest export destination for German industry outside Europe.
Business
Dubai Municipality to tap into Metaverse gains in pursuit of futuristic goals
Dubai Municipality will work with private sector companies and investors to create a futuristic, human-centered version of the city that...
- As the next big market opportunity, the metaverse could provide nearly US$800 billion in revenue by 2024, Bloomberg Intelligence estimates show.
- The city would provide simulated time travel to historic moments, or immersive tours of landmark destinations, Dubai Municipality said.
Economy
Tunisia facing major structural challenges, weak growth, social inequity: IMF
Tunisia is facing major structural challenges that result in deep macroeconomic disequilibria, a weak growth in spite of its strong...
- The impact of the pandemic and the war in Ukraine are now adding to these structural challenges, an IMF mission that visited the country said.
- Initiatives aimed at enhancing competition and the business climate are also critical to unlock the country’s potential growth and job creation, IMF said.
Business
UAE’s first crypto exchange BitOasis gets provisional nod from VARA
BitOasis, a UAE-based Virtual Asset Service Provider (VASP), said on Wednesday it has received provisional approval from Dubai’s Virtual Assets...
- In the meantime, the company said it will undertake the process of applying for a license in accordance with the VARA requirements.
- To date, the company has transacted over $4bn in virtual asset transactions on its platform, with approximately $1.7bn being transacted in 2021.
Business
$1.59 bn worth of deals signed on Day 3 of Global Entrepreneurship Conference
On the third day of the Global Entrepreneurship Congress (GEC) in Riyadh, SAR 6 billion ($1.59 bn) worth of agreements...
- The Small and Medium Enterprises Financing Guarantee Program “Kafalah" signed a number of agreements with a number of ministries as well as public and private sector institutions.
- Monsha'at) also signed various cooperation agreements and launched National Industrial Development and Logistics Program “Thousand Mile” Initiative.
Economy
‘Saudi Arabia spending on technology is globally the highest’
Digital Government Authority has launched the Digital Government Investment and Procurement Program (SADAF) initiative to accelerate digital procurement in government...
- Digital Government Authority has launched the Digital Government Investment and Procurement Program (SADAF) initiative to accelerate digital procurement in government agencies
- SADAF will be a gateway to digital investment for the public and private sectors, leading to a sustainable digital economy
136 UN employees killed in Gaza War, says UN chief
NEW YORK, US - UN Secretary-General Antonio Guterres said on Sunday that 136 United Nations employees in Gaza Strip had...
Geostrategy
Company News
ACWA Power to start Oman project
Business
NMDC records 40% profit jump
Business
Latest News
Dlala Holding to resume trading
Business
Abu Dhabi launches smart manufacturing index
ABU DHABI, UAE - The Abu Dhabi Department of Economic Development (ADDED) has launched the 'Abu Dhabi Smart Manufacturing Index',...
Economy
Mawani announces new freight service at King Abdulaziz Port
Riyadh, Saudi Arabia---Saudi Arabia’s General Authority for Ports (Mawani) Sunday announced a new freight service, at the King Abdulaziz Port...
Business
Sales of Al Rahmaniyah Commercial Lands begins
SHARJAH, UAE - ASAS Real Estate Company, the real estate arm of Sharjah Islamic Bank (SIB), announced the launch of...
Business
Most Read
Arts & Culture
FIFA World Cup Qatar will be the best, says Infantino
Regarding the rights of workers, it is unfair that the world does not see the great progress and clear development...
- The International Federation and Qatar want to present an exceptional tournament, which will make the world feel proud of football, says FIFA President Gianni Infantino
- Regarding the rights of workers, it is unfair that the world does not see the great progress and clear development that the State of Qatar has achieved in this field, he adds
Business
GAL-AMMROC, GMF ink pacts
The pact were inked during the B20 Summit in Bali, Indonesia.
- The pacts will allow AMMROC to expand its MRO capabilities and consolidate its status as a key enabler of a sustainable domestic defense sector in the UAE.
- The cooperation will further expand to the joint promotion of the N219 and NC212 aircraft in the Middle East and Africa markets.
Economy
Sharjah International Travel and Tourism Forum to begin Nov 24
SHARJAH, UAE - The 9th edition of the Sharjah International Travel and Tourism Forum (SITTF) is set to kick off...
- The forum will convene a host of government officials, local and international decision-makers, experts in global travel, tourism and aviation sector.
- Organized by Sharjah Commerce and Tourism Development Authority, the forum complements SCTDA's efforts to bolster Sharjah's position in global tourism.