Saudi Arabia’s Tabuk region produces over 28m roses annually
TABUK, SAUDI ARABIA - The Tabuk region's agricultural sector is making steady progress towards achieving the goals of Saudi Arabia's...
Business
Saudi Arabia, Pakistan ink pact on digital transformation, innovation
RIYADH, SAUDI ARABIA - The Kingdom of Saudi Arabia signed a memorandum of understanding (MoU) with Pakistan here on Sunday...
Geostrategy
Science
UAE gets its first driverless autonomous vehicle
Khalifa University has thus become the first university in the UAE to deploy an Autonomous Vehicle (AV) on campus that...
- The driverless and 100 percent electric shuttle is the first-ever autonomous vehicles to be deployed in the UAE in a mixed traffic mode
- The Khalifa University AV can detect and avoid potential obstacles thanks to the onboard sensors, Light Detection and Ranging, cameras, GPS etc
Geostrategy
Netherlands to help Unesco fund Lebanon media to cover polls
The Netherlands will provide support to the Lebanese media to ensure access to and delivery of reliable information for voters.
- The project is expected to support “free, plural, and fair elections in Lebanon”
- The funds are expected to be allocated by Unesco over the next few months
Economy
Iran, Turkmenistan, Kazakhstan sign MoU on railway cooperation
The rail cooperation document was signed between the three countries on the sidelines of the summit of ECO member-states.
- The rail cooperation document was signed between the three countries on the sidelines of the summit of ECO member-states
- The MoU stipulates that a joint working group be formed to oversee the growth of cargo passing through the transit route
Economy
Iran-ECO trade grows over 48% in 7 months year on year
The volume of trade with the ECO countries - Turkey, Afghanistan, the Republic of Azerbaijan, Kyrgyzstan, Kazakhstan, Pakistan, Tajikistan, Turkmenistan,...
- Major Iranian export destinations were Turkey ($3.397 billion), Afghanistan ($1.125 billion), Pakistan ($655.154 million), and Azerbaijan ($272.958 million)
- Iran’s export to ECO members increased by 58 percent and 60 percent compared to the figures for the previous year in terms of weight and value, respectively
Geostrategy
Iraq, Turkey discuss financial and banking relations
Governor of Central Bank of Iraq called on his Turkish counterpart, to "provide facilities to Iraqi banks in a way...
- Governor of Central Bank of Iraq called on his Turkish counterpart to facilitate the settlement of the trade balance between the two countries
- His Turkish counterpart said that the Central Bank of Turkey was "ready to open the doors of cooperation and facilitate banking operations between the two countries."
Business
GCC region at the heart of the future of esports: GMIS
Hosted by the Global Esports Federation (GEF), the event was part of the GMIS Week that runs from 22 to...
- Hosted by the Global Esports Federation (GEF), the event was part of the GMIS Week that runs from 22 to 27 November at Expo 2020’s Dubai Exhibition Centre
- Dr Khizer Kaderi, Member of the GEF Health & Wellness Commission, defined the metaverse as a confluence of physical and digital worlds
Science
B.1.1.529 is ‘variant of concern,’ as WHO names it Omicron
WHO says the new variant ‘has a large number of mutations, some of which are concerning.’
- WHO said the Omicron strain was first reported officially by South Africa on November 24
- However, the first known confirmed B.1.1.529 infection was from a specimen collected on November 9
Business
Masdar to build Armenia’s largest solar plant on DFBOO basis
Masdar, a renewable energy company and a subsidiary of Mubadala Investment Company, will build a 200-megawatt solar photovoltaic (PV) plant...
- The plant will span over 500 hectares and will create a large number of direct and indirect jobs.
- The project company will be 85 percent owned by Masdar and the rest by the Armenian National Interests Fund.
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.
Saudi Arabia’s Tabuk region produces over 28m roses annually
TABUK, SAUDI ARABIA - The Tabuk region's agricultural sector is making steady progress towards achieving the goals of Saudi Arabia's...
Business
Company News
ESG acquires stake in two firms
Business
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Sumou signs $144m deal
Business
Dubai Airport Free Zone non-oil trade up 36 percent in 2021
Dubai, UAE--- Non-oil trade of Dubai Airport Free Zone (DAFZ), part of the Dubai Integrated Economic Zones Authority (DIEZ), rose...
Business
Qatar to hike Jordanian food imports during World Cup
Qatar plans to hike its imports of Jordanian food products during FIFA World Cup Qatar 2022 as demand is expected...
Geostrategy
Asia green business market to hit $5 trillion by 2030
More than 15 countries and 670 companies in Asia have set (or are committed to setting) emission-reduction targets, thereby creating...
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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...
- Tourists from Spain and France are leading an increase in visitors to Egypt from a number of European countries
- Tourism toward Luxor and Aswan is predicted to be healthy from the second half of this month, with Japan, South Korea and India starting to operate flights to Luxor
Business
ADNEC, MICCO sign agreement
Logistics solutions will be developed for ADNEC events.
- The agreement will focus on the development of integrated services including, shipping, transport and other logistics operations.
- MICCO Logistics, which is part of AD Ports Group’s Logistics Cluster, claims a fleet of more than 400 vehicles and specialised storage facilities.
Geostrategy
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,...
- The Gulf state’s crown prince re-appointed Sheikh Ahmed Nawaf Al-Sabah as prime minister on Wednesday and later approved a new Cabinet following legislative polls
- The government has not taken the constitutional oath because of the objection of more than 40 members of parliament