AI to contribute in enhancing low-emissions development
BONN, GERMANY - Artificial intelligence (AI) can make substantial contributions to climate-resilient and low-emissions development. UN Climate Change’s Initiative on...
Science
Al Ansari Financial Services okays dividend
The first proposed interim dividend is of $81 million.
Business
Business
Lebanon women get FAO grants to fund their businesses
Four women groups from the South, the North, Mount Lebanon, and the Bekaa received grants.
- The grants were disbursed under the project Support to Women’s Cooperatives and Associations in the Agri-food Sector of Lebanon
- Funded by Canada, the project is implemented by the FAO and Lebanon’s Ministry of Agriculture and the General Directorate of Cooperatives
Geostrategy
Amman, Doha discuss creating job opportunities for Jordanians
The meeting was participated by the ministers of education, higher education, tourism, interior, health, digital economy, investment etc.
- The meeting was participated by the ministers of education, higher education, tourism, interior, health, digital economy, investment etc
- It covered the linking of the Qatar platform with the Sajil platform in Jordan to hire thousands of Jordanians on the initiative of Emir of Qatar Sheikh Tamim bin Hamad Al Thani
Geostrategy
Task Force explores options to ban trade with illegal Israeli settlements
The Brussels-based European Coordination of Committees and Associations for Palestine (ECCP) is an “Inter-Parliamentary Task Force to Promote Palestinian Human...
- The Task Force heard from several speakers who have been leaders in pushing for legislative initiatives to limit or prohibit trade with illegal colonial settlements
- The international community opposes annexation and considers illegal settlements to be an obstacle to international peace and stability
Business
Saudi Telecom Company signs over 15 pacts at LEAP22
The Saudi Telecom Company (STC) has signed fifteen agreements with major international companies, including Microsoft, Huawei, Ericsson, and Cisco, in...
- The company has already announced an initiative to establish a $1billion main digital center “MEAN Hub” for the Middle East and North Africa
- The company also announced an initiative to establish a factory to localize data centers in the Kingdom, in partnership with Huawei
Geostrategy
GCC leaders witness KSA’s debut in Winter Olympics
Key regional leaders were present as Saudi Arabia on Friday made its first appearance at the Winter Olympics after alpine...
- Saudi Arabia makes its first appearance at the Winter Olympics after alpine skier Fayik Abdi qualified to compete in Beijing 2022
- Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed attended the event
Business
Aldar Properties of Abu Dhabi put on sale 182 boutique flats
Aldar Properties has announced that all 182 apartments at the second tower of its boutique Reflection project are now available...
- Reflection II is located at the heart of Reem Island, overlooking Abu Dhabi's mangroves, and with all units ready to move in during Q2 2022
- The second tower is being brought to the market to cater to specific demand from both home buyers and investors for high quality
Business
UAE lifts curbs on travel to 12 African countries
The United Arab Emirates has lifted curbs on travel to twelve African countries for citizens fully vaccinated and who have...
- It is okay now to travel to Kenya, Tanzania, Ethiopia, Nigeria, Republic of Congo, South Africa, Botswana, Eswatini, Lesotho, Mozambique, Namibia and Zimbabwe
- The authorities specified the categories of citizens who are allowed to travel to these countries
Business
Dubai South attracts 700 new companies by end of 2021
The total number of companies operating out of Dubai South reached 4,600, attracting more than 700 new companies by the...
- The total number of people working out of Dubai South was expected to reach 20,848 individuals by the end of 2021.
- Dubai South Properties handed over almost all its units at The Pulse, an urban mixed-use development comprising 1,400 apartments and 240 townhouses.
Business
Emaar EC reschedules SR976m loan with SABB
Emaar EC has signed a rescheduling agreement with the Saudi British Bank revising the terms of SR976.25 million Shariah-compliant outstanding...
- The amended terms of the facility also include a grace period up to June 2023 and a repayment starting from June 2023 until December 2029
- Before rescheduling, the financing period was from September 2014 until September 2021
Geostrategy
Bahrain makes second booster jab available for people aged 60 and above
Bahrain has made a second Covid-19 booster shot available by choice for adults aged 60 years and above and frontline...
- Health authorities say an individual may receive any vaccine as a second booster shot, three months after receiving the first booster shot.
- Eligible individuals need not book an appointment but can head straight to designated vaccine centers.
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AI to contribute in enhancing low-emissions development
BONN, GERMANY - Artificial intelligence (AI) can make substantial contributions to climate-resilient and low-emissions development. UN Climate Change’s Initiative on...
Science
Company News
Saudi Steel lands contract
Business
Raydan to cut capital by 53%
Business
Latest News
World economy projected to more than double in size by 2045: OPEC
The global primary energy demand is forecast to continue growing in the medium and long-term, increasing by a significant 23%...
Economy
Egypt’s Sovereign Fund accumulates assets worth $621m
Riyadh, Saudi Arabia— Egypt's Sovereign Fund has accumulated assets worth $621-660 million as it seeks to double it by the...
Business
WB expects UAE’s real GDP to grow by 5.9% in 2022
The global financial institution said higher oil receipts supplemented with a gradual non-oil recovery in the Emirates will bolster fiscal...
Economy
Most Read
Infographics
Major Saudi Arabian cities witness strong demand for residential, office real estate
Saudi government policies like 15 percent VAT exemption on real estate deals and affordable housing programs are boosting residential real...
- Rents and prices for residential real estate in Riyadh and other major cities such as Jeddah is growing, according to JLL.
- The Saudi real estate market is expected to register a CAGR of more than 9.74 percent during 2022 - 2027, according to Mordor Intelligence.
Geostrategy
UAE, Kyrgyz Presidents review bilateral relations
ABU DHABI, UAE - President Sheikh Mohamed bin Zayed Al Nahyan Monday received President of the Kyrgyz Republic Sadyr Japarov,...
- UAE and Kyrgyzstan affirmed their common interest in enhancing bilateral relations.
- The meeting explored various opportunities of the UAE- Kyrgyz friendship and affirmed to further cooperation in economy, trade.
Business
DEWA adds 600MW of clean energy production capacity
DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority Saeed Mohammed Al Tayer said DEWA had added...
- Mohammed bin Rashid Al Maktoum Solar Park will have a production capacity of 5,000 megawatts (MW) by 2030.
- The fifth phase is currently underway, with a total capacity of 900MW and investments estimated at $560 million.