Mawani, SGP ink US$266m pact
The aim is to establish multiple logistics zones in the Kingdom.
Business
Saudi Metrology Organization, Enterprise Singapore ink MoU on standardization
RIYADH, SAUDI ARABIA – The Saudi Standards, Metrology and Quality Organization (SASO) and Enterprise Singapore signed an MoU here, focusing...
Business
Business
UAE, European Union discuss ways to boost bilateral cooperation
The UAE and the European Union discussed ways of boosting bilateral cooperation between them to achieve mutual benefit across various...
- The Minister of State for Financial Affairs Mohamed Hadi Al Hussaini met on Tuesday with Johannes Hahn, European Commissioner for Budget and Administration.
- This discussion is a part of the UAE’s Finance Ministry efforts to strengthen its relations with various countries and regional and international financial institutions.
Business
Dana Gas, Crescent Petroleum report record sales gas production
Dana Gas and its partner Crescent Petroleum have reported record sales gas production from their operations in the Kurdistan Region...
- Dana Gas and Crescent Petroleum jointly operate the Khor Mor and Chemchemal gas fields on behalf of the Pearl Petroleum consortium.
- The production milestone is the culmination of numerous process improvements at the Khor Mor gas plant, including a bypass project.
Business
Saudi Arabia and Tunisia sign energy agreement
The MoU encourages holding joint seminars and training courses on renewable energy, energy efficiency and conservation.
- The MoU covers the fields of renewable energy, energy efficiency and conservation, and includes cooperation on management of renewable energy
- The MoU aims at exchanging information and expertise between the two countries in these areas through related research and studies as well
Business
Saudi-Emirati Council meets to discuss economic ties
The UAE hosted a meeting of the Finance and Investment Committee of the Saudi-Emirati Coordination Council to discuss financial and...
- From the UAE, Younis Haji Al Khoori, Under-Secretary of Ministry of Finance, chaired the meeting alongside senior officials from MoF
- From Saudi Arabia, Abdulaziz Al Rasheed, Assistant Minister of Finance for International Financial Affairs and Macro-Fiscal Policies chaired the meeting
Geostrategy
DEWA officials visit US to strengthen ‘joint relations’
Led by Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), a group of DEWA...
- Al Tayer’s delegation included Waleed bin Salman, Executive Vice President of Business Development and Excellence, Marwan bin Haidar, Executive Vice President of Innovation
- The delegation visited the Kennedy Space Center, which is operated by the National Aeronautics and Space Administration (NASA)
Business
Saudi Aramco and Hungary’s MOL to buy Polish oil assets
Poland's state-owned refiner PKN Orlen announced Wednesday plans to sell oil assets to Saudi Aramco and Hungary's MOL in order...
- PKN Orlen to sell oil assets to Saudi Aramco and Hungary's MOL in order to meet EU conditions for its merger with domestic rival Grupa Lotos.
- Saudi Aramco will buy a stake in Lotos's refinery and MOL will purchase several hundred Lotos petrol stations to fulfil the conditions.
Business
Mining third pillar of Saudi economy, ripe with opportunities: PIF governor
The mining sector is the third pillar of Saudi Arabia's economy and the kingdom has enormous natural resources and offers...
- PIF considers mining one of the main strategic sectors to realize the Saudi Vision 2030 goals, says Yasir bin Othman Al Rumayyan.
- Saudi Arabian Mining Company (Ma'aden) has doubled its revenues to become a world-class operator, he said.
Business
Abu Dhabi University earns 5 star rating for online learning
Abu Dhabi University (ADU) has earned the highest rating of 5 stars by Quacquarelli Symonds - QS Stars Rating for...
- The ADU has achieved an overall score of 95 percent in the Online Learning category
- The university integrated modern technologies into its curricula, including virtual reality (VR), augmented reality (AR) and 3D technology
Business
UAE Ministry of Economy receives 2,428 patent applications in 2021
The UAE's Ministry of Economy has received 2,428 patent applications in 2021, an increase of 26.7 percent from 2020 when...
- There was an increase of 26.7 percent from 2020 when 1,917 applications were received.
- Machinery and construction (23 percent) and chemical engineering (24 percent) accounted for bulk of the applications.
Mohammed bin Rashid oversees swearing-in of judges
Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai and Vice President and Prime Minister of the UAE, has presided...
- The ceremony saw five first instance court judges and judicial inspectors taking the oath
- Also attending were Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, Sheikh Ahmed bin Saeed Al Maktoum, Chairman ofCivil Aviation
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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
Mawani, SGP ink US$266m pact
The aim is to establish multiple logistics zones in the Kingdom.
Business
Company News
Siemens bags Egypt project
Business
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DEWA plans cash dividend for H1
Business
Kuwaiti Camel Racing Club sports season 2022-23 begins
Arts & Culture
Qatar throws open new hotels, resorts to host football fans
Doha, Qatar— Qatar Tourism has thrown open more than 20 hotels, resorts and new tourist destinations in the country ahead...
Business
Qatar’s General Tax Authority launches digital tax stamp
The authority said that digital tax stamps are distinctive marks in the form of a physical label or digital code...
Economy
Arab League welcomes UN report on Israeli conduct in Palestinian territories
Welcoming the report brought out by the UN Independent International Commission of Inquiry, the Arab League has praised the efforts...
Geostrategy
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Interview
Private sector plays key role in FIFA Cup projects
There is a need for concerted efforts by citizens and residents to make this global event a success, Sheikh Khalifa...
- Qatar has become a leading global investment destination, says Qatar Chamber Chairman Sheikh Khalifa bin Jassim bin Mohammed Al-Thani
- The World Cup Qatar 2022 will leave a unique imprint in the history of the FIFA World Cup, he says, adding that Qatari economy is expected to grow by 4.9%
Geostrategy
DTC Abu Dhabi-UNESCO study on pandemic impact ‘useful’ in plugging gaps
Abu Dhabi, UAE - The Culture Summit Abu Dhabi began in the UAE capital with discussions on the impact of...
- Noura bint Mohammed Al Kaabi, Minister of Culture and Youth, said, “If an issue happens in Brazil or Iraq or Syria, it affects us as well."
- The Culture Summit brings together the public, private, government and academic sector to find such practical policies on the ground.
Economy
UAE Minister highlights youth’s role in sustainable food systems
DUBAI, UAE - UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the World Food...
- The Minister held meetings with several high-level FAO officials on the UAE’s contribution in tackling global food and nutrition insecurity.
- The event drew governments, youth champions, global influencers and non-profit organizations to support youth-led transformation of agrifood systems.