Saudi Arabia’s Tabuk region produces over 28m roses annually
TABUK, SAUDI ARABIA - The Tabuk region's agricultural sector is making steady progress towards achieving the goals of Saudi Arabia's...
Business
Saudi Arabia, Pakistan ink pact on digital transformation, innovation
RIYADH, SAUDI ARABIA - The Kingdom of Saudi Arabia signed a memorandum of understanding (MoU) with Pakistan here on Sunday...
Geostrategy
Business
MYCRANE expands to India
The Dubai firm has appointed an exclusive pan-India franchisee.
- The franchise partnership agreement was between MYCRANE and Sahil Freight Express Pvt Ltd was signed at Expo 2020 Dubai
- The crane market in India is expected to grow strongly in the coming years due to the expansion of roads and metro railways
Business
Moro Hub breaks ground for largest solar data center in region
The center will offer digital products and services using Fourth Industrial Revolution technologies, such as cloud services, the Internet of...
- The data center will be implemented by Moro Hub, a subsidiary of Digital DEWA, the digital arm of DEWA
- The carbon-neutral green data center will use 100% renewable energy with a capacity exceeding 100 megawatts
Geostrategy
Iraq works with Belarus to drop fines on refugees stranded on border
The feat is said to have been achieved due to efforts from Iraq’s embassy in Moscow and ‘in coordination’ with...
- An evacuation flight returned to the country from Belarus on Friday carried 258 Iraqis
- Iraq has so far managed to bring back 3,817 of its citizens from Belarus over 10 trips
Economy
‘2022 Iraq budget depends on formation of new govt’
The Iraqi fiscal year ends on December 31, 2021, and the effective financial management law begins from the first day...
- The Iraqi fiscal year ends on December 31, 2021, and the effective financial management law begins from the first day of January 2022
- Iraq is in the process of forming a new government following the recent election in which the cleric Muqtada al-Sadr’s movement Saeroon won the most votes
Geostrategy
UN Secretary-General on state visit to Lebanon
The reports said that he will pay tribute to the victims of the Beirut Port blast, and also undertake field...
- UN Secretary-General will meet with Government officials including President Michel Aoun, Speaker Nabih Berri, and Prime Minister Najib Mikati
- Antonio Guterres will travel to southern Lebanon to visit the UN Interim Force in Lebanon and tour parts of the Blue Line
Economy
US$20bn Jeddah Central Project launched
The project envisions the creation of a world-class destination overlooking the Red Sea in the heart of Jeddah.
- The project envisions the creation of a world-class destination overlooking the Red Sea in the heart of Jeddah
- It is expected to achieve an estimated added value of SR47 billion riyals for the Kingdom's economy by 2030
Kuwait denies withdrawing driving permits of expats
The ministry said in a statement that the personnel were actually engaged in routine upgrade of the licenses' data system.
- The ministry said in a statement that the personnel were actually engaged in routine upgrade of the licenses' data system
- It warned that illegal permits will be withdrawn and the involved person would be subject to legal procedures
Economy
Arab forum discusses building capacity of cities to face climate change
The forum was held in conjunction with the 38th session of the high-level Arab Ministers of Housing and Construction.
- The forum was held in conjunction with the 38th session of the high-level Arab Ministers of Housing and Construction
- It also discussed new Arab vision towards urban development characterized by safety, justice, resilience and sustainability
Geostrategy
UAE and US discuss regional, defense issues at annual Joint Military Dialogue
Top UAE and US military officials discussed regional and defense issues in Washington as part of the annual Joint Military...
- Top military officials of the two countries also discussed counterterrorism and international maritime security.
- The discussion was part of the annual Joint Military Dialogue.
Business
Tributes pour in as UAE businessman Majid Al Futtaim passes away
Tributes pour in as the death of the leading Emirati businessman Majid Al Futtaim was announced on Friday. Al Futtaim,...
- Sheikh Mohammed bin Rashid Al Maktoum hailed him as 'one of Dubai's most important' business leaders
- In April 2021, Forbes’ 35th Annual World Billionaires named Majid Al Futtaim among the world's top 10 richest Arabs
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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
Saudi Arabia’s Tabuk region produces over 28m roses annually
TABUK, SAUDI ARABIA - The Tabuk region's agricultural sector is making steady progress towards achieving the goals of Saudi Arabia's...
Business
Company News
Ajlan signs deals worth $7bn
Business
Latest News
IMF, Egypt finalize work to reach staff-level agreement soon
Washington, US-- International Monetary Fund and Egyptian authorities have agreed to finalize their work to reach a Staff-Level Agreement very...
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....
Economy
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...
Geostrategy
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Geostrategy
Dubai records 65% decline in crime reports during Q3
Dubai, UAE—Dubai Police has recorded a 65 percent drop in the number of criminal reports during the third quarter of...
- The statistics were revealed during the quarterly appraisal meeting of the General Department of Criminal Investigations (CID)
- Lt. Gen. Al Marri, head of Dubai Police, commended the efforts made by the dedicated officers and employees of the CID to apprehend the perpetrators of crimes
Economy
WFP calls for action to avoid another year of record hunger
UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri said that the crises facing the world today...
- The UAE has launched the Agriculture Innovation Mission for Climate (AIM for Climate) in partnership with the US.
- The objective is to raise investments worth US$8 billion in sustainable and climate-smart agrifood systems based on modern technologies.
Market Report
Saudi TASI plummets, UAE indices show mixed trends over the week
The UAE stock market followed the trend of other markets worldwide and ended the week on a high note but...
- A 5.2 percent gain in Multiplay Group's share price, a 3.3 percent increase in Aldar Properties' share price pushed the Abu Dhabi index up 0.9 percent on Friday (October 14).
- The Dubai index rose 0.8 percent on Friday (October 14, 2022), led by the gains in the real estate and banking sectors.