Russia ready to discuss Turkey’s idea about guarantors for Israel, Palestine, says Lavrov
PYONGYANG, NORTH KOREA - Russia is ready to discuss and consider Turkey’s initiative to establish a guarantor system in the...
Geostrategy
Archer to launch its all-electric air taxi service across UAE
ABU DHABI, UAE - Archer Aviation on Tuesday announced that it has entered into an agreement with Abu Dhabi Investment...
Business
Economy
Jordan to engage private sector in enacting investment laws
Jordan’s Investment Minister, Khairy Amro, said the investment law, which the government is currently working on, will cope with the...
- Jordan’s Investment Minister, Khairy Amro, said the investment law, which the government is currently working on, will cope with the most developed international laws in this field
- To facilitate transactions, Amro said, the ministry seeks to be the core reference for investment and the sole authority to follow up on investor issues
Economy
Saudi Arabia among five countries bidding for World Expo 2030
King Mohammad bin Salman bin Abdulaziz recently announced that the kingdom would bid for the expo.
- King Mohammad bin Salman bin Abdulaziz recently announced that the kingdom would bid for the expo
- The other four countries competing to hold the event are South Korea; Italy; Ukraine and Russia
Business
QA arm expands Gulfstream fleet
Qatar Executive is a business-jet subsidiary of Qatar Airways.
- Qatar Executive is a business-jet subsidiary of Qatar Airways
- It now has a total of 11 Gulfstream G650ER aircraft in its fleet
Business
ADQ establishes office in Cairo to boost its investment in Egypt
Abu Dhabi Development Holding Company (ADQ) has established a new office in Egypt to build on its commitment to investing...
- The opening of ADQ’s new office complements the $20 billion strategic investment platform launched in 2019 between ADQ and TSFE.
- The platform aims to help advance Egypt’s economic development through joint strategic investment projects, specialized funds and investment tools.
Geostrategy
Emirates and IAEA discuss nuclear program, Expo’s role in fostering ties
Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with Rafael Mariano Grossi, Director-General of...
- The two sides reviewed the role of Expo 2020 Dubai in promoting international cooperation and building effective and fruitful partnerships
- The IAEA Director-General highlighted the importance of the constructive cooperation between the UAE and the International Atomic Energy Agency
Business
RAKEZ to partner with CBD for easy access to bank’s services
Ras Al Khaimah Economic Zone (RAKEZ) has entered into a strategic alliance with the Commercial Bank of Dubai (CBD) to...
- An MoU was signed by RAKEZ Group CEO Ramy Jallad and CBD CEO Dr. Bernd van Linder.
- The agreement makes it convenient for RAKEZ clients to business bank accounts.
Geostrategy
UAE keen to foster cooperation with ASEAN, says Foreign Affairs Minister
Reports say that Sheikh Abdullah bin Zayed praised the outstanding relations between the UAE and the ASEAN countries.
- The two sides hailed the distinguished relations between the UAE and the ASEAN group in a meeting held at Dubai Expo 2020
- The two parties reviewed the role of Expo 2020 Dubai in reinforcing the cooperation between the UAE and the ASEAN group
Geostrategy
Saudi Arabia stresses need for international cooperation to fight corruption
Combating corruption requires cooperation from every person in all societies at all levels in all its forms and manifestations, said...
- Mazen bin Ibrahim Al-Kahmous, President of Saudi Arabia's Oversight and Anti-Corruption Authority. was speaking at UN Convention against Corruption.
- Saudi Arabia's "Riyadh Initiative" aimed at establishing a global operation network of anti-corruption law enforcement authorities.
Economy
Syria approves $5bn budget for 2022 as economic crisis hits finances
Syrian lawmakers have approved a draft budget for 2022 of $5.3 billion, down from $6.8 billion this year, as a...
- A decade of war, Western sanctions and the coronavirus pandemic have devastated the Syrian economy, pushing most of the population into poverty.
- Government spending has been cut by more than 40 percent over the past two years, with cuts threatening a critical social support program.
Geostrategy
Naif Arab University and Tunisia’s justice ministry sign exchange pact
Naif Arab University for Security Sciences has signed a cooperation agreement with the Tunisian Ministry of Justice on the sidelines...
- The two sides will exchange expertise in academics, research and training programs, symposiums, forums, conferences and workshops
- NAUSS specializes in advanced security-related studies at the postgraduate level in the form of diplomas, master’s degrees and doctorate programs.
Russia ready to discuss Turkey’s idea about guarantors for Israel, Palestine, says Lavrov
PYONGYANG, NORTH KOREA - Russia is ready to discuss and consider Turkey’s initiative to establish a guarantor system in the...
Geostrategy
Company News
Qatar’s Museum of Islamic Art to reopen on October 5
Arts & Culture
Latest News
Ajlan signs deals worth $7bn
Business
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
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.
Business
Reliable Engineering opens plant
The production unit was inaugurated at Hamriyah Free Zone in Sharjah.
- The new facility, which covers an area of more than 150,000 sq feet, caters to the needs of the oil and gas, marine, and oil and wind farming sectors.
- The production lines manufacture up to 500 metric tons of steel per month, by more than 160 employees and specialized technicians.