Saudi Metrology Organization, Enterprise Singapore ink MoU on standardization
RIYADH, SAUDI ARABIA – The Saudi Standards, Metrology and Quality Organization (SASO) and Enterprise Singapore signed an MoU here, focusing...
Business
Red Sea Global builds largest off-grid EV charging network in Saudi Arabia
RIYADH, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, Amaala...
Business
RewirEd Summit concluded at Expo 2020 Dubai
The RewirEd Summit sponsored by Etihad Airways and Hettich in Expo 2020 Dubai concluded yesterday with a series of major...
- The RewirEd Declaration launched by UNESCO and Dubai Cares on Connectivity for Education was the key announcement of this summit
- The UAE was praised by all the five presidents along with 45 ministers in the summit for delivering quality education
Business
ADNOC announces big onshore oil and gas find in Abu Dhabi
ADNOC announced on Wednesday "significant conventional oil, condensate and gas discoveries" of up to 1 billion barrels of oil equivalent...
- Conventional oil, condensate and gas discoveries of up to 1 bn barrels reported from an exploration well in Abu Dhabi’s Onshore Block 4 Concession.
- The oil giant said the next step is to appraise and further quantify these resources as well as to explore the potential in and around Onshore Block 4.
Economy
UAE taps Harvard lab to help build its economy
The new partnership between Harvard university’s Growth lab and the UAE’s Ministry of Economy is in line with the government’s...
- The UAE signed agreement with Harvard’s Growth Lab, specialized in theoretical and empirical research on determinants of growth
- The two-year program under the agreement will see academic experts conduct evidence-based economic analyses and research
Business
Automechnika Dubai exhibits technological changes in auto sector
The 18th edition of the show, organised by Messe Frankfurt Middle East, has exhibitors from 47 countries and 12 national...
- The 18th edition of the show, organised by Messe Frankfurt Middle East, has exhibitors from 47 countries and 12 national pavilions
- Industry analysts forecast the GCC’s automotive parts retail revenue will grow at a compound annual growth rate of 5.8 percent to US$6.84 billion in 2025
Science
UAE names newly EAO-discovered stars after Sheikh Zayed
The stars were photographed using an Astronomical Observatory with a diameter of 0.6 meters, using a specialized astronomical camera at...
- The discovery was made by EAO engineer Nezar Sallam in conjunction with the World Space Week
- These stars were monitored by the EAO and their data was analyzed using software and mathematical algorithms
Business
Abu Dhabi Islamic Bank provides $270m in UK real estate finance
Over the last three years, ADIB has catered to the growing demand for commercial property investments in London as well...
- The bank closed two deals in the UK in the month of November alone, taking its UK portfolio to around AED2.5 billion.
- ADIB also provided AED36 million to the Al Rajhi Legacy Fund on their acquisition of Olympus House in England.
Business
Oman’s economic city Khazaen signs two pacts to carry out vital projects
Khazaen, Oman's fully integrated economic city, has signed two agreements worth more than Omani Riyal 1.5 million ($3.8 million) with...
- One of the agreements signed with an Omani company named Western Door Trading to set up a multipurpose logistics center.
- The second agreement provides for the setting up of a processing unit and a warehouse with a capacity 20 tons a day.
Geostrategy
No presence of American combat forces in Iraq, says the White House
The remaining coalition forces in Iraq will be present at the invitation of the government only to provide advice, assistance...
- The Assistant to the President Brett McGurk says coalition forces will be present at the invitation of the government for various purposes.
- Iraq's NSA Qassim Al-Araji said that relationship with the international coalition will continue in the field of training, advice and empowerment
Geostrategy
Qatar Red Crescent Society and Jordan to treat Syrian refugees, underprivileged
Hammadi talked about Boosting joint efforts in terms of mobilizing resources and support in Qatar to contribute to the treatment...
- Princess Ghida thanked Qatar and expressed her appreciation for the QRCS for its belief in KHCF and KHCC's missions
- Sheikh Saud bin Nasser bin Jassim Al Thani, said this cooperation between both the parties reflects a humanitarian duty
Business
12 Ajman banks sign pact with Department of Finance for easy payment plan
The Ajman’s Department of Finance has signed agreements with 12 local banks to offer an "easy payment plan", which allows...
- The plan allows payments for government service fees through installments through Ajman Pay platform.
- Conditions and steps to apply for easy payment plan are defined by the participating banks.
Saudi Metrology Organization, Enterprise Singapore ink MoU on standardization
RIYADH, SAUDI ARABIA – The Saudi Standards, Metrology and Quality Organization (SASO) and Enterprise Singapore signed an MoU here, focusing...
Business
Company News
Ajlan signs deals worth $7bn
Business
Latest News
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...
Business
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...
Geostrategy
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Economy
Dubai Customs issues authorization certificates to free zone companies
Dubai Customs provides the services and facilities to licensed companies in the free zones of the Emirate to boost investments...
- Dubai Customs facilitates procedures to determine the value of the goods imported by the free zone companies.
- It provides services and facilities to licensed companies in free zones to boost investments and attract more investors.
Economy
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...
- The Foreign Experts Court has achieved a 90 percent disposition rate out of a total number of about 200 commercial cases.
- The panel of the Foreign Experts Court consists of a single judge and two foreign experts.
Business
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...
- Saudi Arabia expects its mineral wealth to exceed $1.3 trillion as it plans to triple spending on exploration of metals over the next three years.
- Saudi deputy minister Khalid bin Saleh says the two countries will focus on quality of the projects.