Kuwait Airport expects 13% rise in passenger numbers, says DGCA
KUWAIT CITY, KUWAIT - Kuwait's Director General of Civil Aviation (DGCA) expected that the total passenger traffic to and from...
Business
Currencies in Middle East resilient from Covid period till date
RIYADH, SAUDI ARABIA - As the world grapples with the economic aftermath of the COVID-19 pandemic, Middle Eastern countries, particularly...
Economy
Business
39% of Sub-Saharan Africa firms lack anti-bribery controls: survey
The report surveyed risk and compliance professionals and business leaders across 47 countries in SSA.
- The report surveyed risk and compliance professionals and business leaders across 47 countries in SSA
- More than 23 percent of the organisations have fallen victim to bribery and corruption over the past five years
Geostrategy
Kuwaiti government resigns to end deadlock, dissidents pardoned
Several opposition MPs have demanded to question the premier on a variety of issues but a motion passed in March...
- Several opposition MPs have demanded to question the premier on a variety of issues but a motion passed in March had given him immunity from questioning until the end of 2022
- The feud has paralyzed legislative work and made it harder to boost state finances and enact measures like the debt law needed to tap global markets
Economy
RAK Finance Deptt signs Joint Strategic Charter with counterparts in other emirates
The charter aims to significantly enhance institutional and financial performance by setting frameworks for cooperation and boosting financial and institutional...
- The charter aims to significantly enhance institutional and financial performance by setting frameworks for cooperation and boosting financial and institutional performance
- The charter will strengthen mechanisms for monitoring trends in the development of financial performance by designing a unified scorecard to track a set of indicators and standards
Arts & Culture
Global Town festival showcases diverse cultures
The festival dispensed cultural knowledge through visual experiences and services.
- The Ethiopian Corner depicted the country’s ancient culture, the origin and distinct aroma of the Ethiopian coffee
- It also showed and how it is extracted and made, even as visitors tasted it and witnessed the making process
Economy
Dubai’s transport infrastructure projects saved AED220 billion: RTA
This was revealed by the Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA)...
- In contrast, the total investment in the improvement of roads and transport was AED140 billion
- The UAE has been ranked No. 1 in Road Quality Worldwide for 5 years in a row
Geostrategy
Iran, Oman discuss ways to promote private sector and medical tourism
Oman and Iran have discussed ways to promote trade relations between the private sector in the two countries as well...
- The talks were held on the sidelines of the 5th International Conference on Health in Islamic Countries, in Tehran.
- Iran-Oman Virtual Expo launched in late September by the Iran-Oman Joint Chamber of Commerce 'has been well received'.
Geostrategy
Shoukry and Blinken open Egypt-US Strategic Dialogue
Egyptian Foreign Minister Sameh Shoukry and US Secretary of State Antony J. Blinken opened the U.S.-Egypt Strategic Dialogue, the first...
- The two welcomed the opportunity to deepen the strong partnership between the United States and Egypt
- Secretary Blinken also expressed appreciation for Egypt’s role in supporting regional stability, including its continued work to de-escalate tensions in Gaza
Geostrategy
Hosting Expo 2030 in Riyadh opportunity to learn from Saudi experience: OIC
The Organisation of Islamic Cooperation (OIC) has supported Saudi Arabia's bid to host Expo 2030 in Riyadh. The OIC is...
- OIC General Secretary Expo in Saudi will be akin to the 'coronation' of the kingdom's transformative efforts.
- Saudi Arabia has proposed “The Era of Change: Leading the Planet to a Foresighted Tomorrow” as the theme for the event.
Geostrategy
Lebanon keen to restore relations with Arabs: President Aoun
Lebanese President Michel Aoun has said that his country is keen to establish good relations with the Arab countries, especially...
- The President stressed the necessity of separating stances of the Lebanese state from what was issued by individuals or groups
- He assured that what recently happened between Lebanon and Saudi Arabia must be addressed "through sincere dialogue based on the foundations of Arab brotherhood
Geostrategy
UAE’s Zayed University and Israel’s Haifa University sign cooperation pact
Zayed University of UAE and Haifa University of Israel have signed an MoU for cooperation on projects promoting research, education,...
- The varsities agreed to have joint-research projects besides organizing mutually beneficial events, colloquia, seminars and conferences.
- The pact is in line with UAE's strategy to develop partnerships between academic institutions.
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
Kuwait Airport expects 13% rise in passenger numbers, says DGCA
KUWAIT CITY, KUWAIT - Kuwait's Director General of Civil Aviation (DGCA) expected that the total passenger traffic to and from...
Business
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GIG H1 net profit $48.9 million
Business
Four new Saudi fintech firms to work under legislative pilot environment
Riyadh, Saudi Arabia---The Central Bank of Saudi Arabia has authorized four new financial technology companies to work under the umbrella...
Business
UAE, Tanzania sign pact to avoid double taxation
UAE and Tanzania have signed an agreement for avoiding double taxation and preventing tax evasion.
Geostrategy
First international shipment arrives at Mugharraq Port
Abu Dhabi, UAE--- AD Ports Group Thursday announced the arrival of the first international shipment at Mugharraq Port, one of...
Business
Most Read
Business
DMCC holds events in Miami and New York to attract US companies
Dubai, UAE--- Dubai Multi Commodities Centre (DMCC) said Thursday it has concluded Made For Trade Live events in Miami and...
- DMCC said it sees significant opportunities for growth in the UAE–US trade corridor, which was worth US$23 billion in 2021.
- The Centre home to more than a third of the approximately 1,500 US businesses in the UAE.
Economy
UAE to develop international maritime network
The Ministry of Energy and Infrastructure (MoEI) announced the launch of the "UAE Maritime Network".
- The initiative supports the Ministry of Energy and Infrastructure efforts to enhance the position of the UAE’s maritime sector globally.
- The maritime network will be a knowledge hub for global stakeholders on investment opportunities in the UAE’s maritime industry.
Saudi Crown Prince meets minister of defense, commanders
Prince Mohammed bin Salman bin Abdulaziz expressed his appreciation for the progress achieved in the implementation of the ministry's development...
- Prince Mohammed bin Salman bin Abdulaziz expressed his appreciation for the progress achieved in the implementation of the ministry's development program
- Defence minister Prince Khalid bin Salman bin Abdulaziz affirmed the ministry will continue to implement the development programs drawn up by the Crown Prince