UAE invests $36bn in renewable energy projects in 2022, says ADDED chairman
ABU DHABI, UAE - Chairman of the Abu Dhabi Department of Economic Development (ADDED) Ahmed Jasim Al Zaabi has said...
Economy
PIF sets up Tasaru Mobility Investments
The firm will drive strategic investments and partnerships
Business
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)
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
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UAE invests $36bn in renewable energy projects in 2022, says ADDED chairman
ABU DHABI, UAE - Chairman of the Abu Dhabi Department of Economic Development (ADDED) Ahmed Jasim Al Zaabi has said...
Economy
Company News
Latest News
Qatar’s Museum of Islamic Art to reopen on October 5
Arts & Culture
Kuwait chooses new ministers for oil and foreign affairs
Kuwait City, Kuwait— Kuwait has brought in a new oil minister in a new cabinet reshuffle after the September elections....
Geostrategy
Saudi Arabia to host 3rd edition of Gulf Entrepreneurs Forum
The forum targets GCC entrepreneurs and business incubators and accelerators and financing institutions in GCC.
Business
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Business
Bayanat AI to list shares on ADX
About 77% shareholding will be held by Group 42 Holding.
- About 77 percent shareholding will be held by Group 42 Holding Ltd. on the listing date, provided that the offering shares are fully subscribed
- Bayanat leverages its artificial intelligence and its developmental capabilities to offer differentiated geospatial AI solutions
Business
Sharjah Chamber joins Egyptian Chamber’s centenary event
The Sharjah Chamber of Commerce and Industry participated in the international conference to mark the 100th anniversary of the Egyptian...
- The Chairman of Sharjah Chambers Chairman met a number of officials from various Chambers of Commerce and Industry.
- He also met with representatives of ministries and bodies concerned with economic affairs, unions, and economic organizations from different countries.
Geostrategy
Finance Ministers of UAE, India discuss trade, economic ties
UAE Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini met with India's Minister of Finance Nirmala Sitharaman...
- The meeting sought to discuss means of boosting mutual cooperation between UAE and India in areas of common interest.
- The meeting deliberated the priorities set by India in its upcoming G20 presidency and the ways the UAE can support them.