Ground operation likely in Gaza Strip, says Israeli envoy to Russia
MOSCOW, RUSSIA - The probability that the Israel Defense Forces (IDF) will launch a ground operation against Palestinian group Hamas...
Geostrategy
Grankraft to invest in Hamriyah
Grankraft has leased 323,000 sq ft of land in the free zone.
- The MoU was signed by Hamriyah Free Zone Authority Director Saud Salim Al Mazrouei and Grankraft Director J George
- George said his company was always looking for new ways to develop its services and build landmarks
Geostrategy
Arab League chief urges cooperation to achieve successful Libya elections
Aboul Ghaith pointed to the dangerous juncture that Libya is going through, and said that everyone should join hands and...
- In a statement, Aboul Gheit urged the concerned parties to adopt dialogue as the only means to resolve the dispute
- Gheit stressed on the importance of a national consensus on the legal and procedural rules for the elections
Economy
Iraq owes no more than $5bn to World Bank and IMF: Official
The economy of Iraq depends upon oil as it constitutes 45 percent of the GDP and affects about 80 percent...
- The World Bank loans in particular are long-term and have grace periods of about six years, extending up to 14 years
- The World Bank Loans are 'similar to the interest of the London markets on dollar lending transactions'
Geostrategy
UAE, Canada discuss cooperation for women’s empowerment
During the meeting, the Canadian ambassador was briefed about the initiatives launched by the UAE to strengthen women's rights.
- The meeting discussed the UAE's experience in empowering women since the country was established and the key role women played to support the country
- Grossman emphasized Canada’s keenness to boost cooperation in women’s empowerment and take advantage of the country’s experience in Gender balance
Business
An old Greek Cargo Ship attracts tourists in Saudi Arabia
The ship was loaded with foodstuffs and sailed in 1978 from a Greek port towards the Aqaba port in Jordan,...
- Georgios-G was built in the UK with a length of 71.6 meters, a width of 11 meters, and a height of 4.9 meters
- Currently, the ship is resting in the same place with more than two-thirds of its structure submerged in water
Economy
UNRWA calls for long-term funds to help refugees in Palestine
UNRWA Commissioner-General Philippe Lazzarini has acknowledged that stagnating donor funding for close to a decade remained below the amount needed...
- As of now, more than 5 million Palestinians have registered with UNRWA as refugees
- They are spread across the West Bank, including East Jerusalem, the Gaza Strip, Lebanon, Syria, and Jordan
Business
ADQ taps Etihad for services
The terms of the transaction were not disclosed.
- As part of the transaction, several of Etihad airline-support businesses will become part of a new ADQ aviation firm
- The move is expected to support the ongoing transformation of Etihad and the growth of civil aviation in Abu Dhabi
Economy
Jordan forms committee to modernise public sector
The committee will be chaired by the Prime Minister and number of ministers, specialized officials, experts who have experience and...
- The committee will be chaired by the Prime Minister and number of ministers, specialized officials, experts who have experience and expertise in public administration
- The Prime Minister said that modernising the public sector has become a necessity as a major lever for economic reform related to modernising the political system
Business
Abu Dhabi Airport traffic likely to surge 400% over holiday season
From the period running December 22 to January 2, Abu Dhabi Airports estimates an average of 32,000 passengers and 102...
- From the period running December 22 to January 2, Abu Dhabi Airports estimates an average of 32,000 passengers and 102 flights per day
- Passenger traffic (59,000 per day) and flight numbers (149 per day) still remain down from the same period in 2019
Science
UAE suspends entry for travelers from Kenya, Tanzania, Ethiopia, Nigeria
UAE citizens are barred from traveling to the four African countries except for the country's emergency treatment cases, official delegations,...
- This includes suspending the entry of travellers who were in the four countries 14 days before coming to the UAE
- The UAE nationals, their relatives, diplomatic missions, official delegations between UAE and these countries and Golden residence holders are excluded from this decision
Company News
Pure Health to invest US$500m
Business
Latest News
ADX partners with FTSE Russell
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,...
Business
Aramex acquires eCommerce enabler MyUS
The acquisition integrates MyUS into Aramex’s business.
Business
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Economy
UAE to provide Ukraine with $100m in humanitarian aid
Minister of State for International Cooperation Reem bint Ebrahim Al Hashimy said the UAE's continued efforts to mitigate the humanitarian...
- Minister of State for International Cooperation Reem bint Ebrahim Al Hashimy said the UAE's continued efforts to mitigate the humanitarian impact of the Ukraine crisis
- Al Hashimy added that the UAE has provided similar aid in recent months to Ukrainian refugees in Poland and Moldova
Geostrategy
Abu Dhabi, Bangladesh to enhance trade, economic ties
The Abu Dhabi Department of Economic Development (ADDED), and Bangladesh Embassy in Abu Dhabi, have organized the Economic Cooperation Forum...
- Abu Dhabi and Bangladesh bilateral trade and mutual investments are on the rise.
- The Emirate and Bangladesh have organized the Economic Cooperation Forum to enhance mutual investment opportunities.
Business
Aldar, Abu Dhabi Residents Office to enhance Golden Visa services, offerings
Abu Dhabi, UAE-- The Abu Dhabi Residents Office, part of Abu Dhabi Department of Economic Development (ADDED), has signed a...
- They are working on developing a joint strategy to promote Abu Dhabi and its real estate projects besides identifying opportunities to support investors and talent.
- The Office will support clients of Aldar when applying for a Golden Visa upon purchasing a property valued at more than AED 2 million ($544, 506) from Aldar’s projects.