World must understand AI, curb its risk, says UK Deputy PM
NEW YORK, US - The United Kingdom will be holding a summit on artificial intelligence (AI) so that nations can...
Science
Israel accounts for 46 percent of global Jewish population
TEL AVIV, ISRAEL – The total global Jewish population rose to 15.7 million over the last year, while the number...
Geostrategy
Business
Mubadala signs two deals to facilitate investments in France
Mubadala Investment Company (Mubadala) has revealed that it signed two agreements to facilitate investments in sectors of mutual priority and...
- The agreements are part of economic deals valued at more than €15 billion signed between Emirati and French companies
- The first agreement between Mubadala and Bpifrance will see the co-investment partnerships between the two companies extended by an additional €4 billion
Economy
Jordan woos Russia for local investment
Russian representatives from three provinces met with commissioner general of the Jordan Pavilion at Expo 2020 Dubai.
- Jordan has invited investment from an industrial and economic delegation from Russia
- The Russian delegation represented three Russian provinces
Business
BNET gets new CEO
Al Khalifa is an Engineer with 14 years of experience
- Sheikh Ebrahim Al Khalifa is an Engineer with over 14 years of experience in information systems, customer care systems, business processes, and consultancy
- BNET is the Kingdom of Bahrain’s national broadband network responsible for the design, construction and operation of Fiber infrastructure.
Economy
Morocco Employers’ Association, IMF discuss economic recovery
The president of the CGEM, Chakib Alj, highlighted 15.2 percent growth in the Moroccan economy in the second quarter of...
- The president of the CGEM, Chakib Alj, highlighted 15.2 percent growth in the Moroccan economy in the second quarter of 2021
- The kingdom also recorded a 22.1 percent increase in exports between September 2020 and September 2021
Geostrategy
UAE discusses bilateral cooperation with Greece and Ukraine
Sheikh Mohamed has talked to Greece and Ukraine to enhance his country’s bilateral ties with them.
- With the Greek prime minister, he explored the path of further strengthening the existing strategic partnership between the two countries
- With Ukraine's president, Sheikh Mohamed reviewed the prospects of enhancing their cooperation
Geostrategy
Lebanon stresses regional ties as Kordahi resigns
Kordahi had been in the eye of the storm for criticizing the Saudi-led military intervention in Yemen during an interview...
- Announcing his resignation, Kordahi said he had taken the decision because ‘Lebanon is more important’ than his position
- President Michel Aoun expressed hope that this move ‘would put an end to the imbalance in Lebanese-Gulf relations’
Business
WTO deal saves businesses $150bn a year
The deal with members including the US, EU, and Saudi Arabia agreeing to new ways to help businesses.
- The agreement is said to have called for members countries and groupings to create domestic regulation for services
- Such regulations would ‘improve the business climate, lower trade costs, and cut red tape so as to facilitate services trade worldwide’
Geostrategy
UAE, France sign MoUs, $18bn Rafale deal
The agreements will boost the strategic partnership between the two countries to serve their mutual interests.
- The agreements will boost the strategic partnership between the two countries to serve their mutual interests
- The signing was attended by Crown Prince Sheikh Mohamed bin Zayed Al Nahyan and President of France Emmanuel Macron
Geostrategy
HRW urges Lebanon to extend school registration deadline for Syrian kids
Lebanon's Education Ministry should extend the December 4, 2021, school registration deadline for Syrian children and end policies that are...
- The rights body also asked the government to end policies that block refugee children's access to education.
- Lebanon hosts 660,000 school-age Syrian refugee children, but 30 percent – 200,000 – have never been to school
Business
Samsung bags Aramco project
Samsung Engineering has bagged a $1.23 billion contract from Aramco to develop Jafurah Gas Process Package 1, a major project...
- It is part of the Jafurah shale gas field development located 400 km east of capital Riyadh and is expected to be completed in 2025
- The goal of the project is to produce shale gas, natural gas liquids (NGL), ethane, sulphur and stabilized condensate
Most Read
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
World must understand AI, curb its risk, says UK Deputy PM
NEW YORK, US - The United Kingdom will be holding a summit on artificial intelligence (AI) so that nations can...
Science
Company News
Latest News
E-marketing reduce prices of poultry products by up to 20% in Saudi
Riyadh, Saudi Arabia--Saudi Poultry Producers Committee has said that use of some applications in marketing has helped consumers obtain products...
Business
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Business
e& forays into the metaverse
The move marks a significant achievement for the Group
- The move marks a significant achievement in the Group’s transformation journey to a global technology and investment conglomerate
- Metaverse technology is in the early incubation stages, given that it needs high-bandwidth and low-latency communications to work at scale
Business
French energy giant offers pay talks in bid to end fuel strike
Vehicle owners have faced increasingly long waits to fill up after two weeks of strikes by workers demanding higher wages...
- It runs a network of around 3,500 filling stations in France, nearly a third of the total, and most of them are low on fuel or even empty for some types.
- Currently three of Total's refineries are blocked, including its largest, in Normandy, as well as a fuel depot near Flandres in the north.
Geostrategy
Germany investigates ‘sabotage’ on its rail framework
Rail operator Deutsche Bahn blamed the travel disruptions on "sabotage", while Transport Minister Volker Wissing spoke of "a targeted and...
- Important communications cables were cut at two sites on Saturday, forcing rail services in the north to be halted for three hours.
- Police have said the investigation into Saturday's incident is still wide open and they have not publicly mentioned any suspects.