UAE, South Korea ink MoU to enhance air transport relations
ABU DHABI, UAE - The United Arab Emirates, represented by the General Civil Aviation Authority (GCAA), has signed a Memorandum...
Geostrategy
Red Sea International Film Festival to showcase 14 short films
Jeddah, Saudi Arabia - The Red Sea International Film Festival (RSIFF) unveiled Monday the lineup of international short films participating...
Arts & Culture
Business
Alpha Dhabi acquires stake in Al Qudra
Deal part of ADH's $2.17 billion investment plan.
- Al Qudra Holding is an Abu Dhabi-based private joint-stock company, which has focused on sustainable development in the region.
- Last month, Al Qudra Holding completed the acquisition of Tamouh Investments from International Holding Company.
Arts & Culture
Emma Watson shows solidarity with the Palestinians
The 31-year-old Harry Potter star took to Instagram, and posted a photo from a solidarity protest with Palestine on May...
- The 31-year-old Harry Potter star took to Instagram, and posted a photo from a solidarity protest with Palestine on May 12, 2021, that said "solidarity is a verb.”
- “Solidarity does not assume that our struggles are the same struggles, or that our pain is the same pain, or that our hope is for the same future,” the actress said
Geostrategy
Raisi: Iran-Armenia cooperation will usher in security
Raisi called for continuous communication and dialogue between the two countries at different levels.
- Raisi called for continuous communication and dialogue between the two countries at different levels
- Pashinyan said that Armenia is determined to make the Joint Commission on Economic Cooperation with Iran more active than before
Infographics
Who tops inflation list of 10 Mideast countries?
Over time, inflation has come to be defined as how much a currency has lost value over a specific period.
- The two indicators often used to quantify the rate of inflation are Consumer Price Index (CPI) and Wholesale Price Index (WPI)
- However, CPI — the average change in prices over time that people pay for a selection of goods and services — is more commonly used
Business
Dubai approves 600 housing loans worth $163m
The loans are to be provided by the Mohammed bin Rashid Housing Establishment as part of housing projects announced last...
- The decision reflects the vision of the emirate’s ruler Sheikh Mohammed bin Rashid to provide the best living conditions for Emirati families
- It is said to be in line with the Dubai 2040 Urban Master Plan that lays out a roadmap for sustainable urban development in the emirate
Geostrategy
Saudi Arabia, Jordan talk bilateral, regional cooperation
Jordan and Saudi foreign ministers Monday held talks in Amman on increasing cooperation between Jordan and Saudi Arabia and coordination...
- The two said the solution to Palestinian-Israeli conflict should be based on the two-state solution
- They also discussed Iraq, Libya, the Syrian crisis and the developments in Afghanistan
Arts & Culture
UAE, Vietnam sign agreement for cooperation in arts, culture
The two countries will seek to protect intellectual property rights, and also agreed to host cultural events, facilitate public participation...
- The MoU would also foster cooperation between libraries and participation in cultural and artistic activities and events in the two countries
- The UAE Ministry of Culture and Youth signed the MoU with the Ministry of Culture, Sports and Tourism of the Socialist Republic of Vietnam
Ajman issues 41 percent more economic licenses in 2021
The economic licenses issued by the Department of Economic Development in Ajman (Ajman DED) during 2021 grew by 41 percent....
- The initiatives launched by the Ajman DED during the current year have resulted in a high growth rate of the Taziz Program to about 238 percent.
- The department signed 54 agreements during the current year, and the percentage of partners' satisfaction reached 85 percent.
Business
Emirates declared safest airline globally by Hamburg-based JACDEC
The Hamburg-based Jet Airliner Crash Data Evaluation Centre (JACDEC) has again named Emirates Airline as the world’s safest airline in...
- With a risk index of 95.05 per cent, Emirates beat its nearest rivals KLM (93.31 per cent), JetBlue (91.61), Delta (91.55) and easyJet (91.28) among the 25 airlines surveyed.
- In Europe, KLM (93.31) took first place, ahead of Finnair (93.16), Air Europa (93.12), Transavia (92.83), easyJet (91.28) and Norwegian (90.95).
Business
Syria to host three-day exhibition of Jordan’s trade and services
An exhibition of Jordan’s trade and services is scheduled to start next Tuesday in the Syrian capital, Damascus. The event...
- The event is jointly organized by the Jordan Chamber of Commerce (JCC) and the Federation of Syrian Chambers of Commerce (FSCC).
- Jordanian companies working in various sectors, particularly in trade, information and telecom technology will take part in the event.
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UAE, South Korea ink MoU to enhance air transport relations
ABU DHABI, UAE - The United Arab Emirates, represented by the General Civil Aviation Authority (GCAA), has signed a Memorandum...
Geostrategy
Company News
Latest News
King Abdulaziz University best in Arab world in QS World Rankings
QS World University Rankings is an annual publication of university rankings by Quacquarelli Symonds.
Arts & Culture
Saudi Center for Debt Management invites investors for bond repurchase
Riyadh, Saudi Arabia---Saudi Arabia’s National Center for Debt Management announced Wednesday that it has invited investors for the first partial...
Business
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Economy
Saudi crown prince unveils National Industrial Strategy
The strategy aims to diversify the kingdom's economy and increase GDP and non-oil exports by promoting industry and attracting investment.
- The strategy aims to diversify the kingdom's economy and increase GDP and non-oil exports by promoting industry and attracting investment
- The policy also intends to raise the number of factories in the kingdom from 10,640 at the moment to 36,000 by 2035
Business
Mubadala acquires stake in Skyborn
Skyborn Renewables is the world’s largest private offshore wind developer.
- The investment by Mubadala also includes the acquisition of a stake in GIP’s 50 percent interest in NY Bight Project called Bluepoint Wind.
- In April this year, Mubadala was part of a BlackRock Real Assets-led consortium which agreed to invest $525 million into the renewable energy arm of India’s Tata Power.
Business
Video: Transparency is hallmark of TOP CEO Awards as GCC winners get honored
From among a small pool of short-listed CEOs of listed firms, each winner was picked on the basis of growth,...
- For the process not only to be fair and trustworthy, but also to be seen as such, another layer of transparency and accountability was added by roping in iNseaD business school
- Global auditors were also brought in to ensure full transparency in the work