Bybit partners with Sharjah varsity to boost crypto adoption in UAE
Sharjah, UAE - Bybit, the world’s third most visited crypto exchange, will contribute AED 1 million ($272,257) via a partnership...
Business
MoIAT inks MoU with MEXT to implement industrial transformation Index
ABU DHABI, UAE - The Ministry of Industry and Advanced Technology (MoIAT) and MEXT signed a memorandum of understanding (MoU)...
Business
Geostrategy
Egypt ties up with Sudan to map geothermal energy potential
The two countries will also expand the installation of fixed and mobile seismic stations.
- With the world moving away from fossil fuels, countries across the world are turning to alternate sources of energy
- This cooperation could help Sudan along those lines, as it looks to power more and more industries and households
Geostrategy
US sanctions hamper medicine purchase, says Iran
Iran is currently experiencing its worst wave of new Covid-19 infections, in what is the third wave of the pandemic...
- According to official figures, the seven-day average of new cases in the country was almost 40,000 on Tuesday
- Till date, Iran has seen more than 4.5 million cases of Covid-19 infections, with more than 99,000 deaths so far
Research
Turbulent economy under Taliban
Ahmady explained that the Taliban would have access to only 0.1-0.2 percent of the country’s foreign reserves of $9 billion,...
- Ahmady explained that the currency may depreciate, something that already happened over the weekend the Taliban took Kabul
- He also predicted that food prices would rise, hurting the poorest the most
Business
Dubai real estate rally: transactions worth $192 million recorded on Aug18
A recent report by real estate firm Chestertons said value of residential transactions increased by nearly 50 percent during the...
- Mortgage deals worth AED104.87 million and 12 gift transactions amounting to AED22.86 million also recorded.
- Completed property sales accounted for 71 percent of total transaction value and 59 percent of volume in Q2.
Business
Flyadeal ropes in Airbus to support its A320 fleet
The Saudi low fares airline, flyadeal, has signed a long-term Flight Hour Services (FHS) agreement with Airbus to support its...
- The carrier will benefit from integrated material services including spare pool access
- The agreement includes the 1,000th aircraft supported by Airbus Flight Hour Services
Business
Bahrain-origin exports up by 62 percent in July
Saudi Arabia ranked first for Bahrain-origin exports and re-exports. Portable digital automatic data processing machines were the top product re-exported...
- Unwrought aluminum and agglomerated iron ore and concentrates top two exports.
- Brazil, China and UAE top three importers for Bahrain.
Analysis
Saudi pupils ready to be back at school
Confined to homes for more than 18 months by the coronavirus pandemic, Saudi pupils are all set to be back...
- Students are packing face masks along with books as they prepare to return to the classroom
- "I’m trying to remember how life was before the pandemic, and I am looking forward to seeing my teachers and classmates again"
Arts & Culture
Expo 2020: Syria pavilion to display world’s first alphabet
The war-ravaged nation has themed its participation ‘We Will Rise Together’, inspired by its rich cultural past and future aspirations.
- Visitors can learn about the development of early writing systems and alphabets across the nation.
- An interactive recital of humankind’s oldest musical notation will be held at the pavilion.
Business
Prices of Dubai villas go through roof
Prices of villas and apartments have leaped up in Dubai by as much as 27 percent in the second quarter...
- Property management company Asteco says gradual recovery continues in Q2, with price surges in some areas
- Jumeirah Park saw the highest rise in sales price increase - 27 percent from Q1 to Q2 2021
Business
Portal to connect engineers with clients in Saudi Arabia launched
Details of the providers of services such as surveying consultancy, design contracts, boundary supervision and turnkey contracts will be available...
- It will have details of registered businesses that can provide the required services in specific areas.
- Saudi Council of Engineers expects the portal to enhance competition, transparency.
Bybit partners with Sharjah varsity to boost crypto adoption in UAE
Sharjah, UAE - Bybit, the world’s third most visited crypto exchange, will contribute AED 1 million ($272,257) via a partnership...
Business
Company News
High commodity prices to keep inflation up
Infographics
Latest News
Emrill appoints new director
Business
UAE offers low-risk business climate
Unstable political conditions in several Arab countries make them high- or extreme-risk places for businesses.
Infographics
DEWA ranks as 3rd most valuable utility brand in Middle East
Dubai Electricity and Water Authority (DEWA) has been ranked the third most valuable utility brand in the Middle East and...
Business
Hub71 picks latest cohort of tech startups from nine countries
Hub71, Abu Dhabi's global tech ecosystem, has selected its latest cohort of tech startups from a large number of applicants...
Business
Most Read
Science
UN says half of world’s health facilities lack basic hygiene
Sketching a dire picture of the world’s healthcare facilities, the United Nations has said that nearly four billion people are...
- The report said the newly established global estimate, based on data from 40 countries, presents an "alarming picture" of the state of hygiene in health facilities
- Facilities in sub-Saharan Africa were lagging, with only 37 percent having handwashing facilities with soap and water at toilets
Business
Tibbiyah buys stake in rival firm
It bought 51% stake in Innovative Care for $57 million.
- Innovative Care, the Riyadh-based medical firm, operates New You Medical Center
- New You, set up in 2016, is a center specializing in cosmetic and reconstructive surgeries, supported by its pharmacy services provider iPharma
Economy
UAE operates air bridge to provide relief to flood victims in Pakistan
The relief aid includes shelter materials, humanitarian needs, food and medical parcels for those affected by torrential rains and floods
- The relief aid includes shelter materials, humanitarian needs, food and medical parcels for those affected by torrential rains and floods
- The move follows the order of the UAE president Sheikh Mohamed bin Zayed Al Nahyan to provide all forms of support to Pakistan