Jewels of Emirates Show begins in Sharjah
SHARJAH, UAE - The fourth edition of the Jewels of Emirates Show, the first Emirati exhibition dedicated to diamond jewelry,...
Business
DFM launches futures contract on General Index
Dubai, UAE - The Dubai Financial Market (DFM) on Monday announced the offering of futures contracts on its General Index...
Business
Saudi Arabia to penalize artificial lakes in farms
The country has said it will take legal action against the construction of manmade or artificial lakes in farms for...
- The Ministry of Environment, Water, and Agriculture said any such construction would be deemed ‘a violation of the water bylaws and the relevant executive regulations’
- The laws and regulations it pointed to are aimed at preserving water resources, ensuring their sustainability, rationalizing water consumption, and preventing its misuse
Geostrategy
Clashes in Syria’s Daraa: What is the fighting about?
Daraa, which borders Jordan and is close to the Israeli-occupied Golan Heights, is widely seen as the cradle of the...
- Nearly half of the population of Daraa has fled heavy shelling and ground battles.
- Civilians were suffering from acute shortages of food, fuel, water and medicines, says UN Special Envoy.
Business
Dubai records $1.2 billion realty deals
AED 2 billion worth of properties were mortgaged, the highest being a plot of land in Al Hebiah First, mortgaged...
- The highest number (21) of sales worth AED 59.14 million were recorded in Nad Al Shiba Third.
- AED 2 billion wroth of properties were mortgaged, the highest being a plot of land in Al Hebiah First, mortgaged for AED 333 million.
Science
Speed up Covid-19 origin studies: WHO
Locating origins of the pandemic began important for establishing the origins of all future animal-human spillover events, WHO said.
- Locating origins of the pandemic began important for establishing the origins of all future animal-human spillover events, WHO said.
- Advises against blame game or politicizing the pandemic situation.
Business
Popular Buraidah dates daily sales worth $400k
About 400 refrigerated trucks transport hundreds of tons of 45 varieties of dates to specialized factories in big cities.
- The region has the highest number of date palm trees among all the kingdom’s regions.
- About 400 refrigerated trucks transport hundreds of tons of 45 varieties of dates to specialized factories in big cities.
Business
Bank ABC Islamic H1 gains hit $19.2m
The profit absorbed a one-off fraud-related impairment in 2020.
- The profit reflects the bank's success in returning to normal performance after absorbing the one-off exceptional fraud related impairment in 2020
- Other key highlights include the total operating income of US$21.5 million which is 8.1% lower than the same period last year
Turkey’s flash floods: Death toll is 9
Heavy rains produced flash floods that turned streets into running rivers and sparked mudslides that buckled roads
- Heavy rains produced flash floods that turned streets into running rivers and sparked mudslides that buckled roads
- Images on television and social media showed water rising to the level of street signs in some towns
Economy
Lebanon leaders, central bank lock horns over fuel subsidies
In a country suffering from one of the worst economic crises in the world, this could effectively raise prices for...
- The central bank on Wednesday ended subsidies on imported fuel, and instead offered importers a line of credit
- Caretaker Prime Minister Hassan Diab said the move ‘contravenes the law’
TikTok is most downloaded app
The Chinese-owned video app has surged in popularity
- The Chinese-owned video app surged in popularity despite efforts by former president Donald Trump to ban it or force a sale to US-based investors
- The app is believed to have one billion users worldwide including more than 100 million in the United States
Science
‘Eruptions can’t lessen climate change’
Scientists at the University of Cambridge and the UK Met Office examined how rising temperatures are likely to affect the...
- Scientists at the University of Cambridge and the UK Met Office examined how rising temperatures are likely to affect the ash and gases shot into the atmosphere by volcanoes
- The emerging "feedback loops" between the changing climate and eruptions were not accounted for in this week's landmark scientific report by the IPCC
Jewels of Emirates Show begins in Sharjah
SHARJAH, UAE - The fourth edition of the Jewels of Emirates Show, the first Emirati exhibition dedicated to diamond jewelry,...
Business
Company News
Jeddah Season 2022 concludes, 6m visitors attend events
Arts & Culture
Latest News
Beckham to promote Qatar attractions in tourism push ahead of FIFA World Cup
As part of the campaign, Beckham tours the country with several local personalities, exploring spice markets and street art in...
Economy
Ruwad supports 957 projects totalling $9 million
Sharjah acquired 67 percent of the new projects, while eastern region got 21 percent and the central region 12 percent
Economy
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Business
Ancient Iranian rug tradition gets makeover as sales sink
Changing tastes and increased competition from Asia have forced some in the trade to redesign and resize a tradition dating...
- Rugs traditionally woven in the Islamic republic are known for dense, curving floral designs in rich colours
- Their beauty and quality have long been recognised worldwide, yet sales have collapsed over the past 30 years
Economy
Saudi central bank’s assets climb to $535 billion in July
For the first time in more than five years, assets of Saudi Arabia's central bank have shot up to $535...
- This translates to a month-on-month growth of 1 percent from the $528 billion in June
- The central bank’s net foreign assets fell by $2.48 billion during July to $445 billion
Economy
Jordan approves 33 articles of new investment law so far
The Lower House held an evening session on Sunday, chaired by Speaker Abdul Karim Dughmi.
- The Lower House held an evening session on Sunday, chaired by Speaker Abdul Karim Dughmi
- The drafty law has 52 articles, as referred to by the House Economy and Investment Committee