Diverse business models needed for trade with China, say Union of Arab Chambers
BEIRUT, LEBANON – The secretary general of the Union of Arab Chambers has called for diversified business models to facilitate...
Geostrategy
IsDB to finance projects worth US$800m in member states
JEDDAH, SAUDI ARABIA - The Board of Executive Directors (BED) of the Islamic Development Bank (IsDB) approved to finance projects...
Geostrategy
Business
UAE reviews measures to counter money laundering
Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, chaired a meeting of the Higher Committee...
- The UAE has been working closely with the Financial Action Task Force (FATF) to ensure the UAE’s legal, regulatory and operational standards meet global standards
- The Committee also reviewed progress made by the UAE in recent months, set out in the UAE’s latest progress update to FATF
Business
Dubai introduces ‘electronic notary public’ after amending the law
Dubai has introduced an automated system that performs the duties of the notary public without human interference and does away...
- The automated notary public has been introduced as part of Dubai’s smart government transformation.
- Companies providing notary public services are now required to inform Dubai Courts about licensed individual notaries public working in the company.
Arts & Culture
A filmmaker who won hearts at Lebanese festival
Kuwaiti director Maysaa Al-Mumin received, Thursday, special mention for film, "J'ai Le Cafard" or Daughter of Wardan, in fifth edition...
- Director Al-Mumin told KUNA, that this movie was one of three short movies she made centering on the experience of womanhood
- The jury awarded the movie a special mention, commenting that it is a promising and well-balanced experience
Geostrategy
Saudi Arabia to allow expats of six countries direct entry from Dec. 1
Saudi Arabia will allow direct entry of fully vaccinated expatriates from Indonesia, Pakistan, Brazil, Vietnam, India and Egypt from December...
- People from Indonesia, Pakistan, Brazil, Vietnam, India and Egypt need not spend 14 days in transit outside their countries before entering the kingdom.
- They will have to spend a five-day quarantine regardless of their vaccination status.
Geostrategy
UAE general wins Interpol presidency for a 4-year term
Major General Ahmed Nasser al-Raisi of the United Arab Emirates has been elected as the new President of Interpol, according...
- He was elected by Interpol representatives (from its 140 member states) at a meeting in Turkey on Thursday
- The appointment makes him the first candidate from the Middle Eastern region to be elected into the position since the founding of Interpol
Geostrategy
Kuwait MP Hamad Al-Matar elected Inter-Parliamentary Union panel’s member
Kuwaiti MP Dr Hamad Al-Matar has been elected as a member of the Inter-Parliamentary Union (IPU)'s Committee on Sustainable Development,...
- Al-Matar would be one of 18 members of IPU's Committee on Sustainable Development from across the world.
- Arab parliamentarians elected Al-Matar at a meeting that discussed the Palestine question also.
Business
Dubai and Abu Dhabi to vie for Gulf Capital’s offering
Gulf Capital, a UAE-based financial institution, has added Abu Dhabi and Dubai to the list of potential markets for the...
- Gulf Capital bets on growth in Asia to outperform US and European markets
- The UAE-based institution manages more than $2.5 billion worth of assets
Business
Arrival of a ship carrying 1,200 passengers marks start of Dubai’s cruise season
The arrival of the 252-meter-long cruise ship, AIDAbella, at Dubai Harbour on Friday marked the start of the cruise season...
- The arrival of 252-meter-long cruise ship AIDAbella also marks the official debut of the region’s largest Dubai Harbour Cruise Terminal.
- Dubai’s 2021-2022 season, which commenced in October, is expected to welcome 126 ship calls and over 500,000 cruise visitors.
Science
UAE and Italy to scale up collaboration in bio-sciences
The UAE and Italy can join forces to lead the world through the "structural shift" underway in the biomedical sciences...
- "There is ample scope to work together in new areas, such as biomedical technology"
- UAE was able to respond to 80% of the global and regional demand for medical supplies and aid by distributing more than two billion doses of COVID-19 vaccines
Arts & Culture
Sharjah and France to boost cooperation in cultural tourism, creative industries
Sharjah and France have discussed ways to strengthen collaboration between Sharjah and French cities, particularly in cultural tourism and the...
- Sharjah keen on exploring potential opportunities with French cities, says Sheikh Fahim Al Qasimi, Chairman Sharjah’s DGR.
- France’s support for the development of art, literature and culture is exemplary, Al Qasimi said.
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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
Diverse business models needed for trade with China, say Union of Arab Chambers
BEIRUT, LEBANON – The secretary general of the Union of Arab Chambers has called for diversified business models to facilitate...
Geostrategy
Company News
Latest News
Flyadeal adds A320neo to fleet
Business
Jordan and Iraq set up electrical project on the border
The two prime ministers affirmed that Jordan and Iraq maintain historical and strategic ties and are committed to expanding bilateral...
Economy
TAQA to sell Netherlands business
TAQA Energy will sell upstream oil and gas business to Waldorf.
Business
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Business
UK in talks with Qatar and Norway to import energy
Amid crippling energy shortages, the British government is negotiating with Qatar and Norway to secure new long-term gas contract, according...
- Senior civil servants are more hesitant, with figures in the Treasury warning that Britain would be stuck with higher prices if the cost of gas more generally dips after the hike
- Truss told Sky News that no agreement had been signed as it stands, but that she was committed to providing long-term energy security for the UK
Business
Investopia partners discuss investment opportunities in ME region
The discussions took place during a business session held in collaboration with Abu Dhabi Department of Economic Development.
- The discussions took place during a business session held in collaboration with Abu Dhabi Department of Economic Development
- The global investment platform also announced its next annual conference on 1 and 2 March 2023 in Abu Dhabi
Business
Dubai Industrial City unveils plant to manufacture electric cars
The ceremony was attended by Dr. Majida Al Azazi, Chairman of the Board of Directors of M Glory Holding Group,...
- The new plant houses the temporary assembly line, which has a maximum production capacity of 10,000 cars per year
- The setting up of the factory, according to DIC, will enable regional manufacturers like M Glory to establish businesses and further the 'Make it in the Emirates’ initiative'