Israel police claim Hamas was not aware of a music festival on October 7
DUBAI - An investigation carried out by Israeli police has concluded that Hamas, involved in the October 7 attack, had...
Geostrategy
Infographics
PCR testing is a business success in the region
A large number of kits of the PCR test has been manufactured and used across the world in general and...
- The WHO has said the PCR test is one of the most efficient to detect a Covid-19 infection, but also costlier than other methods
- The organization describes has said the test needs to be run at a molecular laboratory, which contributes to the higher cost
Geostrategy
Jordan king meets with US CENTCOM commander
The meeting, attended by Crown Prince Al Hussein bin Abdullah II, discussed enhancing the strategic partnership between Jordan and the...
- The meeting, attended by Crown Prince Al Hussein bin Abdullah II, discussed enhancing the strategic partnership between Jordan and the United States
- Discussions also addressed regional and international efforts to fight terrorism, within a holistic approach
Videos
Is GCC inflation getting out of control?
Central bank action and risks to financial stability must be carefully monitored and managed as loose monetary policy is unwound....
- The possibility of emergence of new Covid-19 variant sparks fear of more disruptions in the supply chain, which may add to the inflation woes in the GCC.
- The anticipated global monetary tightening is likely to have an impact on the GCC growth outlook. Supply-driven inflationary risks are also imminent.
Business
Dubai records realty transactions worth more than $430m on Monday
Dubai’s real-estate market on Monday recorded a total of 301 transactions with a total value of AED1.59 billion ($433.22 million).
- In all, there were 294 sales transactions worth AED666.33 million ($181.44 million) throughout the day
- According to the data, Dubai also saw mortgage deals that amounted to AED915.77 million ($249.36 million) on Monday
Infographics
Look: How Gulf inflation evolves in 25 years
GCC countries, like other nations across the world, are exposed to many economic challenges and risks such as higher prices...
- GCC countries, like other nations across the world, are exposed to many economic challenges and risks such as higher prices of basic products and services
- To reduce consumer prices, GCC governments are more focused on supporting the local manufacturing rather than depending on imports
Economy
Explained: Inflation and its impact on GCC
It's time to review how inflation, which measures the overall increase in prices or the increase in the cost of...
- It's time to review how inflation, which measures the overall increase in prices or the increase in the cost of living in a country, is affecting the region?
- Inflation represents how much more expensive the relevant set of goods and/or services has become over a certain time period
Business
Nadec appoints new CEO
The Riyadh-based firm has appointed Solaiman Abdulaziz Altwaijri as its CEO
- Hadsbjerg resigned for "personal reasons", and also left the company's board, according to a bourse statement
- The National Agricultural Development Company is one of the biggest agricultural and food-processing share stock companies in the MENA region
Business
Amiantit appoints new CEO
Feras Bin Ghassab Al-Harbi has held several leadership positions.
- The company took the decision after resignation of its previous CEO.
- The new CEO is already working with Amiantit Co. as the Group CFO.
Business
Bangladesh to partner with UAE to boost trade in Middle East
The Federation of Bangladesh Chambers of Commerce and Industries, or FBCCI, will launch a UAE-Bangladesh Business Council next month to...
- Bangladesh’s Prime Minister Sheikh Hasina is likely to launch the business council
- The business council is expected to strengthening the trade relations with the UAE
Business
Bahrain eyes cooperation with Germany in aviation, tourism
Bahrain's Minister said the private sector plays a key role in strengthening bilateral relations, as it boosts the volume of...
- Bahrain's Minister stressed the importance of attracting more expertise and investments.
- He also highlighted the incentive packages provided by Bahrain for overseas investors.
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
Israel police claim Hamas was not aware of a music festival on October 7
DUBAI - An investigation carried out by Israeli police has concluded that Hamas, involved in the October 7 attack, had...
Geostrategy
Company News
Arada awards two contracts
Business
Anaam to raise US$42m
Business
Latest News
AIIB, GEAPP partner to fund the energy transition in Asia and beyond
The partnership will address the energy transition challenges around the world through the identification of co-financing opportunities for projects.
Economy
Video: TOP CEO Conference discusses fake news in May, months later social media giants take action
Facebook, Instagram, Twitter and other social media platforms have reportedly blocked campaigns aimed at influencing opinion in Central Asia and...
Videos
Jordan sets up program to protect witnesses, whistleblowers
Amman, Jordan— Funded by the Canada Fund for Local Initiatives (CFLI), Jordan has launched a program aimed at better protecting...
Geostrategy
Most Read
Business
Saudi signs agreements with Oman, Egypt to boost energy ties
Sharm el-Sheikh, Egypt—Saudi Arabia has signed two separate agreements with Oman and Egypt to boost ties in the energy field....
- The MoU between Saudi Arabia and Oman also includes cooperation on hydrogen as well as enhancing digital transformation in the energy field
- The Saudi-Egypt deal aims to enhance cooperation in the production and export of electricity from renewable energy, transport of clean hydrogen, and electrical interconnection
Business
UAE, Jordan and Israel advance Project Prosperity
The three nations vow to advance clean energy and sustainable water desalination projects announced last year, while UAE, Indonesia unveil...
- The three nations vow to advance clean energy and sustainable water desalination projects announced last year, while UAE, Indonesia unveil Mangrove Alliance for Climate at COP27
- Led by the UAE and Indonesia, the MAC initiative seeks to scale up and accelerate the conservation and restoration of mangrove ecosystems for the benefit of communities worldwide
Arts & Culture
UAE views creativity through the lens of openness
"While living in Dubai, and through my performances in the UAE, I found that the culture of tolerance here is...
- The UAE’s far-sighted and rhythmic alignment with others has a great impact on the intercultural convergence it has made possible across creative sectors
- The country threw up a new model to catalyze creative growth in the music scene, through its ‘jazzy’ venture to provide a conducive environment