Middle East conflict alters regional energy dynamics
Chevron's Tamar gas field halt, rising global oil prices, and jeopardized gas supplies to Egypt and Jordan underscore the impact...
Business
Business
Abu Dhabi Maritime to control ferry services functioning in Emirates
The organization is integrating the Ferry Operations Branch of the Integrated Transport Center under the scope of its services.
- The move will see Abu Dhabi Maritime manage and oversee the daily operation of the emirate’s two major ferry lines
- The organization will also drive the development of several key business areas associated with ferry operations
Geostrategy
UAE deputy PM attends ‘Arab Gulf Security 3’ exercise in KSA
Deputy Prime Minister and Minister of the Interior of the UAE Lt. General Sheikh Saif bin Zayed Al Nahyan attended...
- Participants in the exercise implemented security scenarios in detail, which has proven the success of this joint GCC mobilization
- Increasing the level of coordination, readiness, and preparedness among security forces were also discussed in the exercise
Dubai Academic Health Corporation embarks on four-pronged future plan
The Dubai Academic Health Corporation has agreed on four bases as a part of its strategic plans and future goals....
- The four bases of the strategy are Care, Learning, Discovery, and Giving and Stewardship.
- The strategy was discussed at the fourth Board of Directors meeting of the Dubai Academic Health Corporation.
Geostrategy
GCC for Arab States hails security exercise as ‘message of determination’
Dr. Nayef Falah Mubarak Al-Hajraf, Secretary-General of the Gulf Cooperation Council (GCC) for Arab States, has affirmed that the security...
- Arab Gulf Security 3 helps GCC countries address including combating terrorism, organized crime, drugs, border security and cybersecurity, says Al-Hajraf.
- Al-Hajraf, Secretary-General of the Gulf Cooperation Council (GCC) for Arab States, hailed security cooperation among the Gulf states.
Geostrategy
Arab League calls for end to daily Israeli aggression on Palestinians
Marking the Solidarity Day with the Palestinian People inside the 1948 borders, the League issued a statement calling upon the...
- The League stressed on the need to compel Israeli forces to stop settlement operations, confiscation, Judaization, desecration of Islamic and Christian sanctities.
- The rights of the Palestinian people inside 1948 and for their struggle and continuous defense of their land, rights and living were reaffirmed by the League.
Business
UAE and Australia discuss ways to strengthen bilateral relations
The deliberations were held during a meeting between Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International...
- Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with David Hurley, the Governor-General of Australia, at Expo 2020 Dubai.
- The two sides reviewed Australia's participation in Expo 2020 Dubai and the role played by this international event.
Business
Jazeera airways to buy 28 Airbus aircraft for $3.4bn
Jazeera Airways of Kuwait has placed an order for 28 Airbus aircraft worth $3.4 billion, according to media reports.
- The airline also signed another agreement to purchase two aircraft engines with an accumulated worth of $32.3 million to aid the firm’s operations
- The airline said that while there is no current financial impact on its operations, both agreements are anticipated to bring about a positive impact on the corporation
Business
Spend a night under stars in these trendy Dubai destinations
Overnight camping is one of the popular activities people indulge in during winters in Dubai. The city has several unique...
- Glamping or glamorous camping at the Damani Lodges or Sedr Trailers are exquisite options for a mountain escape, with barbecues and starry skies.
- Expo 2020 Lake is a must-visit destination for those looking for a camping adventure in the middle of the desert.
Economy
DEWA spends $16.33 million to extend water transmission pipeline
Dubai Electricity and Water Authority (DEWA) has completed 54.23 percent of the extension of several key water transmission pipelines in...
- The network spans over 22 kilometers and the diameter of pipes is 1200mm.
- The project location runs from Al Quoz Industrial Fourth to Al Thanyah Fifth, alongside Al Khail Road in Dubai.
Economy
Tunisia, Algeria, Morocco must support their local agriculture: OTE
The rise in international raw material prices has increased subsidy spending in Tunisia, Algeria, and Morocco.
- The Tunisian Observatory of Economy has recommended that Tunisia, Algeria, and Morocco support local agriculture, especially cereal cultivation
- This step, it said, would help the three countries avoid being at the mercy of price volatility on a global scale, and recover their food sovereignty
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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
Middle East conflict alters regional energy dynamics
Chevron's Tamar gas field halt, rising global oil prices, and jeopardized gas supplies to Egypt and Jordan underscore the impact...
Business
Company News
QIB partners with Loop
Business
Latest News
QLM profits fall by 33 percent in first nine months of 2022
The company had reported a net profit of $12.27mn for H1.
Business
Sheikh Khaled bin Mohamed bin Zayed meets CEOs of INPEX, BP
Energy security, enhancing partnerships were discussed.
Business
DEWA commissions 389 11kV substations in Q3 of 2022
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has commissioned 389 11kV substations in Dubai in the third quarter...
Business
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Business
Ma’aden, Barrick Gold alliance get license to explore mining site in Saudi Arabia
Saudi Arabia's Ministry of Industry and Mineral Resources announced that Saudi Arabian Mining Company Ma'aden and Barrick Gold Ltd alliance...
- The site attracted the interest of more than 20 local and international mining companies for an exploration license.
- Ma'aden and Baric alliance have committed on spending over US$12 million to accelerate exploration at the Umm Al-Damar site.
Economy
Indonesia needs 17 million technologically literate workers: Minister
Jakarta, Indonesia--- Indonesia would need 17 million technologically literate workers, or workers who are able to use and manage technology,...
- State-Owned Enterprises (SOEs) Minister Erick Thohir said Indonesia's digital economy will grow to Rp4,500 trillion by 2030.
- The SOEs are committed to supporting the development of the digital ecosystem, he said.
Business
Sharjah Taxi to scale up its fleet of hybrid cars by 65 percent
Sharjah, UAE— Sharjah Taxi intends to increase the number of its hybrid cars running on both fuel and electricity. The...
- The decision is in line with the Emirate’s vision to rationalize the use of energy, in accordance with its development goals and agenda
- Sharjah Taxi had previously completed hybrid vehicle conversions towards 65% of its vehicle fleet in the Eastern Region, which now enjoys environmentally-friendly hybrid vehicles