Over 8,000 Palestinian fatalities, including 2,062 women, says UN report
UNITED NATIONS – More than 8,000 Palestinian fatalities were reported as of October 29, 2023, including 2,062 women, 3,324 children,...
Geostrategy
Geostrategy
UAE, Ethiopia discuss relations, latest regional developments
The discussions are said to have taken place at Qasr Al Watan, the presidential palace.
- The two countries reviewed the qualitative progress and opportunities in joint cooperation in various sectors
- They also noted that their bilateral relations witnessed significant development during the past years
Business
SACC picks board heads
It has also formed several panels that will function for three years.
- The SACC has said Mohammed Abdulaziz Al Sarhan, an independent member, has been appointed chairman of the Board of Directors
- It also announced the appointment of Raed Ibraheem Al Mudaiheem, another independent member, as the Vice-Chairman of the board
Business
Dubai sees weeklong real estate transactions worth $1.33bn
This was the result of a total of 1,724 transactions, according to figures released by the Dubai Land Department.
- A total of 139 plots were sold for AED784.14 million ($213.52 million) in Dubai
- In addition, 1,172 apartments and villas were sold for AED2.73 billion ($743.36 million)
Business
Jordan’s trade with US touches $1.384bn in 2021
Jordan was the first Arab country to sign a free trade agreement (FTA) with the United States in 2000.
- The President of the American Chamber of Commerce in Jordan (AmCham) Mohammad Batayneh said in a statement
- He added that Jordan's exports during the first 11 months of 2021 nearly reached $2.5 billion, compared to $1,120 billion in imports
Geostrategy
Tunisian FM says Kuwait is a key player in Arab world
Tunisian Foreign Minister Othman Jerandi has lauded Kuwait for its role in finding peaceful solutions to crisis plaguing the Arab...
- “The State of Kuwait plays a leading role in using its good offices in finding peaceful solutions to the crisis inside the Arab region and beyond," he affirmed
- Jerandi commended Kuwait's efforts to achieve rapprochement among the Gulf Cooperation Council (GCC) member countries
Business
DEWA to sponsor Dubai Award for Sustainable Transport
Dubai Electricity and Water Authority (DEWA) will be the strategic sponsor of the 12th Dubai Award for Sustainable Transport. The...
- Saeed Mohammed Al Tayer, MD & CEO of DEWA highlighted DEWA’s support for all efforts to enhance sustainable transport in the UAE and abroad
- This consolidates Dubai’s position as a global capital for a green economy and achieves sustainable development to ensure a brighter future
Economy
UNICEF: Lebanese crisis forcing youth out of learning
Lebanon’s crisis is increasingly forcing young people to drop out of learning and engage in ill-paid, irregular and informal work...
- The report – Searching for Hope – says that more than 4 in 10 youth in Lebanon reduced spending on education to buy basic food, medicine and other essential items
- Enrolment in educational institutions dropped from 60 percent in 2020-2021 to 43 percent in the current academic year
Business
Applebees, IHOP in UAE soon
The first location is scheduled to open in Dubai later this year.
- Dine Brands International is set to open multiple Applebee's Neighborhood Grill + Bar and IHOP restaurants in the UAE
- The first location will open in Dubai later this year through an agreement with established IHOP Franchisee
Business
Saudi Arabia looks to increase trade exchange with Iraq
The Saudi Export Development Authority organized a meeting of a group of Iraqi and Saudi businessmen to discuss opportunities for...
- The volume of exports of foodstuffs and construction constitutes about 60% of the total volume of the Saudi exports to Iraq
- Saudi Arabia imports aluminum scrap as well as iron scrap and some foodstuffs such as dates and rice from Iraq
Economy
Tunisia saves more than $40 million since 2011 with solar installations
The total power installed since 2011 has reached 126 megawatts peak (MWp), resulting in a reduction in CO2 emissions by...
- The total power installed since 2011 has reached 126 megawatts peak (MWp), resulting in a reduction in CO2 emissions by 394.5 ktonnes
- In 2021, about 11,395 individual PV installations were set up, compared to 8,370 a year earlier, which is up 36 percent
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
Company News
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IHC acquires stake in Burjeel
Business
Investment to tackle climate change falls in 2022, says UNCTAD
Cross-border investment in climate change mitigation and adaptation is projected to decline in 2022 against the backdrop of a global...
Geostrategy
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...
Business
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,...
Economy
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Business
Foreign firms can now get approval for dual listing on Tadawul
Riyadh, Saudi Arabia— Foreign companies will be able to obtain approval for dual listing on the Saudi market, according to...
- Mohammed Al-Rumaih told media that companies need finance to expand in particular industries, noting that the capital market aims to be the first partner to provide finance
- Tadawul Group witnessed its 39th listing of the year on Oct. 25, with 18 listing requests approved by the CMA through 2022
Business
Arab Broadcasting Festival set to begin in Riyadh, in November
Riyadh, Saudi Arabia—The stage is set for the Arab Broadcasting Festival to begin next month in Riyadh as preparations have...
- President of the Arab States Broadcasting Union (ASBU) and CEO of Saudi Broadcasting Authority, Mohammad bin Fahd Al-Harithi, announced the completion of the ongoing preparations
- Al-Harthi explained that the hosting comes from the authority’s role in the Kingdom’s Vision 2030, which aims to develop the production industry
Geostrategy
COP27: Time to move from negotiations and planning to implementation of promises and pledges
At COP26 countries agreed to deliver stronger commitments this year, including updated national plans with more ambitious targets. However, only...
- At COP27, the participant countries are expected to show how they are planning to implement the Glasgow pact call and review their climate plans
- The COP27 Presidency also expects nations to capture and assess their progress toward enhancing resilience and helping the most vulnerable communities