$15m paid in compensation to passengers in 2021-22 in Saudi Arabia, says GACA
RIYADH, SAUDI ARABIA - The General Authority of Civil Aviation (GACA) said that national airlines in the Kingdom have issued...
Geostrategy
Emirates NBD Group invests in sustainability startup Erguvan
Dubai, UAE - Emirates NBD made an investment in Erguvan, a climate and financial technology venture aimed at providing financial...
Business
The Archives
The union is advantageous: Sheikh Zayed
The union amongst Emirates is just fine despite being a new experience for us. We did not adopt our neighbors’...
- The union has produced welfare that no soul can ever deny, the Founding Father of the UAE had said.
- We must work hard to upgrade our achievements, fill gaps, complete deficiencies to overcome errors and achieve a stronger union, he had highlighted
Business
GACA, Cisco sign MoU
The MoU will enhance the scope of digital transformation.
- The memorandum will enhance the scope of cooperation in technology and digital transformation in the civil aviation sector
- The GACA is keen to collaborate with international companies specializing in advanced technological fields to keep pace with the latest developments
Business
Emirates, Al Jazeera among 44 GCC brands to win World Branding Awards 2021-2022
A total of 44 GCC brands, which include Emirates, Aljazeera, and ADNOC Distribution, figure in the 2021-2022 World Branding Awards....
- From the GCC region, Saudi Arabian brands win the maximum number of awards, followed by Bahrain.
- Al Jazeera and Ooredoo among the six winning brands from Qatar.
Economy
ATRC awards $10 million in research funding to 53 R&D projects
Abu Dhabi’s Advanced Technology Research Council (ATRC) on Tuesday announced that it has awarded AED40 million ($10 million) in research...
- Grant funding is allocated to entities in eight key sectors such as aerospace and energy.
- The awardees were picked from 370 proposals in ASPIRE Award for Research Excellence and ASPIRE Young Investigator Award.
Business
Egypt to levy 10% customs tax on import of mobile phones
Egypt has decided to levy a ten percent customs tax on the import of mobile phones in order to promote...
- Egypt’s Minister of Finance explained that the amendments aim to encourage investment, maximize production facilities
- The amendment of some categories of customer tariffs comes in light of the conclusions reached by the Higher Council of Customs Tariffs in Egypt
Geostrategy
UAE vows to ease suffering of victims of human trafficking
The UAE has affirmed its commitment to assist in the efforts to ease the suffering of victims of human trafficking,...
- Gargash highlighted the importance of similar regional and international forums that focus on the keenness of countries working together to eliminate this crime
- He also thanked Saudi Arabia for hosting the forum, as well as Bahrain for performing the duties of its standing secretariat-general
Economy
Bahrain launches investment platform allowing access to strategic projects
The Economic Development Board (EDB), Bahrain's investment promotion agency, on Tuesday announced the launch of the investment platform (invest.bh) that...
- Bahrain's Economic Recovery Plan has seen the announcement of strategic projects worth more than $30 billion.
- Investable projects include Bilaj Al Jazayer Tourist City, Bahrain Metro, USA Trade Zone, Aluminium downstream zone and Sports City.
Business
Qatar affirms its commitment to WTO agreements
Qatar has affirmed its commitment to the principles and agreements of the World Trade Organization (WTO), and praised the body's...
- During the meeting in Geneva the two sides discussed ways to enhance bilateral cooperation and support the ongoing negotiations within the framework of the organization
- The minister stressed Qatar's commitment to the principles and conventions of the World Intellectual Property Organization
Geostrategy
Turkey jails opposition party politician: reports
A well-known Turkish defense analyst and founder of the opposition Democracy and Progress Party (DEVA), Metin Gurcan, has been jailed...
- Turkish police detained him on Friday
- Gurcan was then jailed on Monday, according to the private NTV broadcaster
Business
UAE Cabinet approves laws for housing loans, medicines
The UAE cabinet has also approved policies to boost the creative sector, and even rehabilitate convicts and juvenile delinquents.
- The UAE Cabinet has approved the requirements and conditions to clear housing loans for Emiratis
- It has also approved the UAE National Medicine Policy, which aims to achieve equitable availability and affordability of essential medicines
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
$15m paid in compensation to passengers in 2021-22 in Saudi Arabia, says GACA
RIYADH, SAUDI ARABIA - The General Authority of Civil Aviation (GACA) said that national airlines in the Kingdom have issued...
Geostrategy
Company News
EGA H1 2022 profit $1.61bn
Business
Latest News
ESG acquires stake in two firms
Business
Egypt records rush in arrival of tourists from Europe and US
Cairo, Egypt— Egypt has recorded a huge jump in arrival of tourists from many European countries and the US, as...
Business
Kuwait puts off first parliament session until mid-October
Kuwait City, Kuwait— Kuwait has decided to postpone the convening of the first parliament session after elections to Oct. 18,...
Geostrategy
Most Read
Economy
Sharjah tourism body to highlight AI, technology in tourism
Sharjah Commerce and Tourism Development Authority (SCTDA) has confirmed its participation at the 42nd GITEX Technology Week, to be held...
- The authority will showcase new projects and emerging prospects in Artificial Intelligence and Metaverse.
- SCDTA will highlight the innovative use of technologies and their impact on hospitality, tourism and commerce.
Business
Opportunities await Qatari investors in Kazakhstan’s Zhambyl region
Doha--- Qatar Chamber and Kazakhstan's Social-Entrepreneurial Business Corporations have discussed economic and commercial relations besides investment climate and opportunities in...
- Qatar Chamber and Kazakhstan's Social-Entrepreneurial Business Corporations discussed economic and commercial relations.
- Zhambyl Region which is considered a gateway for several international markets such as the Chinese and Russian markets.
Science
DEWA invites proposals for work on sixth phase of solar park
Dubai Electricity and Water Authority (DEWA) has invited international developers to send their Expressions of Interest (EOI) to implement the...
- The 900 MW sixth phase of the Solar Park will be implemented using photovoltaic solar panels.
- The production capacity of clean energy has reached about 12.1 percent of Dubai’s total energy mix.