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
Business
Tibbiyah of Saudi Arabia to offer 5m shares through IPO
Tibbiyah of Saudi Arabia that also goes by the name of the Arabian International Healthcare Holding will offer 5 million...
- The company’s capital is divided into 20 million shares
- The offer price will be determined before the subscription period, which will begin on Tuesday February 15 and will end on Thursday February 17
Economy
UAE cabinet endorses labor and industrial laws
Chaired by Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai and Vice President, Prime Minister of the UAE, the...
- The Cabinet approved as well, a decision to establish the Executive Office for Control and Non-Proliferation
- The cabinet also approved the executive regulations of the Federal Law regarding the regulation and protection of industrial property rights
Business
Bahraini imports increase by 18 percent in Q4 2021
The value of Bahraini imports increased by 18 percent in the fourth quarter of 2021, reaching BD1.406 billion, the Information...
- The top 10 countries accounted for 71 percent of the value of imports, with the remaining countries accounting for 29 percent, Bahraini media reports said.
- The value of exports of national origin increased by 99 percent to BD1.192 billion during the fourth quarter of 2021.
Business
ADDED lays down strict rules on ‘hazardous materials’
ADDED has directed commercial and industrial facilities in the Emirate to license warehouses of hazardous materials away from their headquarters...
- ADDED has directed commercial and industrial facilities in the Emirate to license warehouses of hazardous materials away from their headquarters
- Special requirements, in line with criteria and stipulations of regulatory government entities were introduced
Business
Saudi energy minister says OPEC+ is independent
Prince Abdulaziz bin Salman, Saudi energy minister, has remarked that the OPEC+ group is independent and against any external interference...
- Prince Abdulaziz pointed out that the OPEC+ policy has succeeded in providing the oil market with the supplies it needs at all times
- Its decisions have come against a backdrop of pressure from countries such as the US, which want oil production drastically increased to tackle rising prices
Geostrategy
UAE and Brazil aim to boost strategic alliance
The UAE and Brazil have reiterated their resolve to boost bilateral relations in the light of the strategic partnership between...
- Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Brazil's Minister of Foreign Affairs Carlos Franca reviewed the relations
- The two discussed the situation in the region in addition to issues of interest, including ways of supporting the international efforts to address the impact of COVID-19 pandemic
Arts & Culture
Sarandon, Ruffalo, García Bernal back Emma Watson’s Palestine solidarity post
Last week, Watson shared a post with the words ‘solidarity is a verb’ over an image that featured Palestinian flags.
- Last week, Watson shared a post with the words ‘solidarity is a verb’ over an image that featured Palestinian flags
- Widely praised, this message of solidarity also provoked the fury of Israeli officials
Economy
Jordan Dana Reserve featured on NY Times’ 2022 travel wish-list
The newspaper highlighted the Dana Reserve as a site worth visiting, which combines a deeply rooted history, unique environmental components...
- The newspaper highlighted the Dana Reserve as a site worth visiting, which combines a deeply rooted history, unique environmental components and breathtaking natural beauty
- The Dana Biosphere Reserve is the first national reserve to be listed on the United Nations Educational, Cultural and Scientific Organization's Man and the Biosphere Program
Business
Moody’s ranks QIIB ‘stable’
It has also has assigned the Qatari bank an A2 rating.
- Moody's said the rating reflects the bank’s position as one of Qatar's leading Islamic financial institutions
- It added that the financial institution has solid asset quality, profitability, liquidity, and capitalization
Geostrategy
China wants greater GCC role in global, regional affairs
GCC Secretary-General Naif Falah Al-Hajraf and Chinese State Advisor and Minister of Foreign Affairs, Wang Yi, also agreed on a...
- In a joint statement, the Chinese side is said to have praised the GCC’s achievements since its inception 40 years ago
- The two sides concurred on the completing negotiations on the free trade agreement between the GCC and China as soon as possible
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
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
Company News
Latest News
SALIC, Minerva Foods buy Australian Lamb Company
ALC is one of the largest meat producers in Australia.
Business
Saudi Arabia key place for solutions to global supply chain issues, says investment minister Khalid Al Falih
Saudi Investment Minister was speaking at the Sixth Edition of the Future Investment Initiative, hailed as 'Davos in the Desert',...
Geostrategy
GCC, S. Korea begin sixth round of talks on free trade agreement
SEOUL, SOUTH KOREA - The sixth round of revived negotiations between the Riyadh-based Gulf Cooperation Council (GCC) and the Republic...
Geostrategy
Most Read
Economy
Qatar urges separating politics from the oil and gas trade
Qatar energy minister also called on governments and multilateral institutions to condemn sabotage and military attacks on energy infrastructure or...
- Qatar energy minister also called on governments and multilateral institutions to condemn sabotage and military attacks on energy infrastructure or electricity networks
- He also sought transition to low-carbon energy through a realistic mix of energy sources, including hydrocarbons, renewable energy, biofuels, nuclear power and hydrogen
Business
IHC scales up IT business, makes deals worth US$272m
International Holding Company (IHC) has scaled up its IT business, making deals to the tune of $272 million in the...
- It is part of the company's long-term strategy to grow its capacity in the tech industry across different sectors
- Technology mergers and acquisitions in 2021 increased by 71 percent from 2020 levels, with dealmaking totalling US$1.1 trillion
Business
DEWA to pay one-time cash dividend
It received a dividend of $553m from its subsidiary, EMPOWER.
- DEWA intends to seek approval to make a one-time special dividend payment to its shareholders
- Its CEO said that the company will continue to look for ways to optimize total returns for our shareholders