Dubai Customs thwarts smuggling at airport, seize drugs
DUBAI, UAE –The Dubai Customs apprehended a traveler arriving from a European country who was trying to smuggle various small...
Geostrategy
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
Geostrategy
UAE bans use of drones, light sports aircraft after Houthi attack
The UAE has banned the use of drones and light sports aircraft from Saturday, days after Yemen’s Houthis carried out...
- Anyone performing these activities during that period and disregarding guidelines will be subject to legal liabilities, the Ministry of Interior said.
- Those who rely on drones for work can seek permission from the authorities concerned.
Business
World needs smarter policies for carbon transition to succeed: Crescent Petroleum
Carbon transition policy must be tailored to each country’s needs and dynamics, Majid Jafar, the CEO of Crescent Petroleum, said.
- Carbon transition policy must be tailored to each country’s needs and dynamics, Majid Jafar, the CEO of Crescent Petroleum, said
- Crescent Petroleum became one of the first companies in the industry to achieve carbon neutrality across its operations in 2021
Geostrategy
Kuwaiti minister visits Beirut in first Gulf trip since rift last year
Kuwait's foreign minister Sheikh Ahmad Nasser Al-Mohammad Al-Sabah visited Beirut on Saturday, on his first trip since a diplomatic rift...
- Sheikh Ahmad said the ties with Beirut had not been severed, and they were now in a phase of confidence-building measures
- The minister delivered confidence-building steps to Mikati and the Lebanese foreign minister and urged them to study them and determine how to proceed
Arts & Culture
Jordan has historical sites which deserve to be on world heritage list: Minister
Jordan is full of historical sites that the government is working to present to the World Heritage List, culture minister...
- Jordan is full of historical sites that the government is working to present to the World Heritage List, culture minister Haifa Najjar said
- Najjar added that Jerash Festival for Culture and Arts is seen as a springboard for intercultural dialogue
Economy
Plan to transform Amman into smart city completed: Mayor
Amman Municipality’s plan to transform Amman into a “smart city” looked at other countries’ experiences in this field.
- Amman Municipality’s plan to transform Amman into a “smart city” looked at other countries’ experiences in this field
- Amman also figured among Bloomberg’s winning cities in 2021-2022 mayors’ challenge
Science
Iraq Forum for Clean Energy 2022 kicks off on Sunday
The ministry of oil endeavors to support all initiatives and efforts to gradually shift from traditional to clean and renewable...
- The companies include South Gas, Basra Gas, Shell and Siemens Energy, Schlumberger, Baker Hughes
- The forum will be used for discussing the programs for developing the renewable energy sectors in Iraq
Business
Two Iraqi banks to open in Saudi Arabia
The Saudi Central Bank has announced the opening of two branches of two Iraqi banks in Riyadh, and confirmed the...
- The bank also indicated the allocation of more than one billion Riyals ($270 million) to the Sports City.
- In 2021, the second training program for employees of the Central Bank of Iraq was started
Business
Qatar and US talk gas supplies as Russia threatens Ukraine
Qatar is in talks with the US and other gas exporters to prepare a contingency plan for a possible disruption...
- The talks with Qatar and some EU nations have focused on new ways to secure alternative seaborne liquefied natural gas cargoes
- Officials are concerned that Europe could face widespread chaos, with blackouts and industrial disruption, if Russian gas exports fall sharply following an invasion
Business
Interconnection Authority enables Middle East save $3bn
The setting up of the Gulf Cooperation Council Interconnection Authority in 2019 has enabled countries in the Middle East to...
- Savings have come from a reduced need for new generation plants, thus lower operating and maintenance expenses, and reduced carbon emissions
- In a two-day meeting, the parties agreed on preparing a business case to explain the benefits of electrical connection and to complete the required procedures
Business
UAE and Singapore explore ways to boost trade
The UAE and Singapore will explore ways to enhance bilateral relations in light of the agreement signed between the two...
- The ideas to boost ties were discussed in a meeting between Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Teo Chee Hean, Singapore’s Senior Minister
- They also discussed various issues of mutual interest including global efforts to speed up recovery to reach pre-pandemic levels
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
Dubai Customs thwarts smuggling at airport, seize drugs
DUBAI, UAE –The Dubai Customs apprehended a traveler arriving from a European country who was trying to smuggle various small...
Geostrategy
Company News
Latest News
UAE makes amendments to value added tax rules
Abu Dhabi, UAE— The UAE Ministry of Finance announced amendments to some provisions of the Federal Decree-Law No. 8 of...
Economy
Reviewed: Strategies to promote wellbeing in the UAE
She was attending the Government Network Meeting of Happiness and Well-being CEOs, which seeks to align the efforts, initiatives and...
Economy
DFSA signs agreement with Bangladesh SEC
DUBAI, UAE - The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with the Bangladesh Securities...
Business
Most Read
Business
QGIRCO posts Q3 net profit of US$1.1m
Firm's Q3, 2022 profit fell compared to Q3 in 2021.
- The company's data indicated that the earnings per share amounted to $.01 in the third quarter of this year,
- The company's earnings per share was $.02 for the same period last year.
Business
Amanat Holdings buys 60% stake in HDC for US$58m
HDC provides special education and care services in S Arabia.
- HDC has a presence across six provinces of Saudi Arabia and caters to over 3,000 beneficiaries.
- It has a network of nine schools, 22 daycare centers and specialized rehabilitation medical clinics.
Arts & Culture
Saudi culture ministry provides training in UNESCO program
Under its recently announced Experts Program, the Saudi Ministry of Culture has provided an intensive leadership training course for Man...
- MAB is an intergovernmental scientific program that seeks to enhance the relationship between people and their environments through natural and social sciences.
- Delivered in partnership with the UNESCO Regional Bureau for Science in the Arab States, the course brought together 17 local and international participants.