Dubai’s weeklong real estate transactions exceed US$2.5bn
DUBAI, UAE - A total of 1,445 real estate transactions worth over US$2.5 billion (AED 9.5 billion) were conducted during...
Business
DEWA commissions 200MW second unit in Al Maktoum Solar Park
Dubai, UAE - Dubai Electricity and Water Authority (DEWA) commissioned the 200MW second unit of the parabolic basin complex in...
Business
Geostrategy
Collapse of Afghanistan has regional, international repercussions: Saudi FM
Saudi Arabia has said the collapse of Afghanistan would lead to chaos that has regional and international ramifications, while stressing...
- Saudi Foreign Minister Prince Faisal bin Farhan denounces the Daesh terrorist attacks in Afghanistan, according to media reports.
- Saudi Arabia has begun providing humanitarian aid to Afghanistan for the first time after Taliban takeover.
Geostrategy
Iran sees possibility of exporting Covid-19 vaccines in a few months
Iran has said exporting vaccines manufactured by domestic producers was possible in a few months. Iran's deputy health minister for...
- Country's deputy health minister Younes Panahi says domestic producers have made good progress and mass production was possible in future.
- The country produces both attenuated and protein-based vaccines, Panahi said.
Economy
Tourism, retail to fuel Dubai economy growth in 2022
The insights from the Dubai Chamber study were released during a business seminar titled The Road Ahead: UAE and Dubai...
- In 2022, the UAE economy is projected to record an estimated annual GDP growth rate of 3.4 percent
- The entire UAE economy began to recover in 2021 by registering an estimated annual GDP growth rate of 3.1 percent
Business
UAE tax authority tour ensures readiness of tourist VAT recovery scheme
The Federal Tax Authority of the UAE has organized field tours to ensure the readiness of Self-Service Kiosks, which allow...
- Self-Service Kiosks, which allow tourists to recover VAT on their purchases, have been placed at all exit ports.
- The kiosks are also available at several commercial centers and hotels that are included in the tax refund scheme.
Economy
Jordan minister urges officials to expedite services for citizens, investors
Nayef Steitieh told field managers in his ministry and across governorates to also look to replace expatriate workers with those...
- Jordan’s Minister of Labor Nayef Steitieh on Saturday, December 19, called for investing in e-transformation
- The move is expected to save time and effort of beneficiaries from the ministry's directorates and governorates
Business
Omantel pushes for 5G adoption
The Oman-origin telecom firm has signed a deal with Optiva for this.
- Omantel’s agreement with Optiva will upgrade the latter’s Charging Engine to a cloud-native architecture on the former’s private cloud
- The upgrade is expected to support new business models for 5G monetization
Business
Saudi Arabia contributes to support date palm sector globally
In 2020, Saudi Arabia hosted the International Date Council meeting, under the chairmanship of the Minister of Environment, Water and...
- The Saudi National Center for Palms and Dates and the Ministry of Environment, Water and Agriculture worked on formulating and implementing initiatives
- Saudi Arabia has supported the idea of establishing the International Date Council to strengthen international cooperation in this field
Economy
Saudi Arabia advises citizens against foreign travel
The Saudi Public Health Authority has also announced new precautions for travelers entering the country.
- The Saudi Public Health Authority recommends that travelers coming from outside avoid social contact for at least five days
- Waqeya also advised people to take the Covid-19 PCR test in the event of respiratory symptoms or a temperature rise
Geostrategy
OIC says Afghanistan needs full support of member states
The OIC has said its members as well as non-members need to organize and implement an immediate humanitarian assistance plan...
- The OIC has said its members as well as non-members need to organize an immediate humanitarian assistance plan for Afghanistan
- The OIC humanitarian office in Kabul will assume the responsibility for the coordination of this aid
Business
Oman agriculture ministry signs 4 deals worth more than $31m
The deals are in sectors ranging from livestock-rearing to vegetables, rabbits, and even Omani thyme.
- The biggest of the projects is expected to produce 22,000 tons of meat and target the production of fodder and by-products
- This project, worth RO11,387,000 ($29.62 million), will be on an area of 574 feddan (around 596 acre)
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Dubai’s weeklong real estate transactions exceed US$2.5bn
DUBAI, UAE - A total of 1,445 real estate transactions worth over US$2.5 billion (AED 9.5 billion) were conducted during...
Business
Company News
Qatar’s Museum of Islamic Art to reopen on October 5
Arts & Culture
Latest News
Ajlan signs deals worth $7bn
Business
Abu Dhabi Foreign Experts Court examines 200 cases
The Foreign Experts Court of the Abu Dhabi Judicial Department (ADJD) has managed to maintain high adjudication rates in the...
Economy
Saudi to build world-class mining business in cooperation with South Africa
Riyadh, Saudi Arabia-- Saudi Arabia's Deputy Minister of Industry and Mineral Resources for Mining Affairs Khalid bin Saleh Al-Mudaifer said...
Business
UAE’s minister is new Chairman of WBG-IMF committee
During his two-year tenure, the minister will work with the committee that include ministers, and the Board of Governors of...
Economy
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Economy
Bahrain calls for adoption of new solutions to spur growth
Washington, US—Bahrain has called for adoption of innovative solutions to encourage economic growth and sustainable development goals for all countries....
- The country's Finance and National Economy Minister, Shaikh Salman bin Khalifa Al Khalifa, has stressed the importance of strengthening international cooperation
- The minister took part in the meeting of the World Bank Development Committee, within the annual meetings of the Board of Governors of the World Bank and the IMF in Washington
Geostrategy
Saudi Arabia and S. Africa to deepen ties in several fields
The agreement would result in partnership in encouraging direct investment, communications and information technology, exploring the establishment of a joint...
- An agreement was signed between the two countries during the presence of Saudi's Crown Prince & Prime Minister and South Africa's President
- The agreement contains cooperation and exchange of news between the Saudi Press Agency (SPA) and the state-run South African News Agency.
Economy
GCC and UK hold first round of talks on Free Trade Agreement
The British government said the Free Trade Agreement is a major economic opportunity and plays a key role in the...
- The two sides discussed Free Trade Agreement's goals and the exchange of technical information in 29 areas.
- More than 100 British negotiators representing different sides of the British government participated in the round.