Geostrategy
370 Iraqis flown home from Belarus border
Baghdad last week announced a suspension of flights to Belarus to stem the flow and protect its citizens who have...
- Baghdad last week announced a suspension of flights to Belarus to stem the flow and “protect Iraqi citizens who have been victims of smuggling networks.”
- Lithuania accuses Belarusian authorities of funneling migrants to its border in retaliation for EU sanctions.
New Instagram tools to reduce abuse
Instagram's latest move comes after racist abuses during the Euro 2020 final.
- Instagram's latest attempt to curb hate speech came after racist abuse directed at UK footballers after the Euro 2020 final
- The Facebook-owned platform said it would start using "stronger warnings" when people post potentially offensive comments
Market Report
Gulf International Bank net up to $9.8m
For the first half of 2021, GIB reported a net profit of $17.7million.
- For the first half of 2021, GIB reported a net profit of $17.7 million attributable to the shareholders of the bank compared to a loss of $85.4 million in the prior year period
- The second quarter provision charge was $12.1 million, compared to a $49.6 million in the second quarter of 2020
Geostrategy
Murder of city official fuels anger over Iraq impunity
Abir Salim, the director of municipal services in the city which houses the mausoleums of two of Shiite Islam's most...
- Abir Salim, the director of municipal services in the city which houses the mausoleums of two of Shiite Islam's most revered figures, was shot dead
- He was on foot supervising a survey of unauthorised construction in Karbala when his killer pulled out a gun and shot him at close range
Business
Jazeera Airways posts 138% growth in passenger traffic in Q2
The operational performance shows positive signs that travel will recover at a fast pace after eased restrictions come to effect...
- The operational performance shows positive signs that travel will recover at a fast pace after eased restrictions come to effect by the middle of Q3 2020
- The airline registered a net loss of KD6.5 million for Q2 on account of the higher costs due to increased operations and higher fuel prices
Geostrategy
Iran’s Khamenei says halting Covid ‘urgent’ priority
The Islamic republic's Covid cases and fatalities have surged in recent weeks, in what officials have said is a "fifth...
- The Islamic republic's Covid cases and fatalities have surged in recent weeks, in what officials have said is a "fifth wave" caused by the highly infectious Delta variant
- Khamenei said the record number of casualties was "truly painful," and demanded greater efforts to boost vaccine "imports and domestic production"
Geostrategy
Israeli foreign minister arrives in Morocco
Foreign Minister Yair Lapid is expected to meet on Wednesday with his Moroccan counterpart, Nasser Bourita, and open a diplomatic...
- Yair Lapid is expected to meet with his Moroccan counterpart, Nasser Bourita
- Israel and Morocco normalized ties last year after then US president Donald Trump recognized Morocco’s contested sovereignty in Western Sahara
Business
Sky Abu Dhabi to invest around $1bn in Egypt in two years
Sky Abu Dhabi Development will invest nearly a billion dollars in Egypt during the next two years in the North...
- Sky, a subsidiary of United Arab Emirates-based Diamond Group, set up in Egypt in February 2021 and launched its first project in March
- Sky's project in the new capital comprises 1,000 housing units and 15,000 square meters of commercial and office space
DP World to help SMEs with trade finance
This is part of its strategy to become a global trade enabler.
- DP World will connect companies needing trade finance solutions with financial institutions on its Cargoes Finance platform
- The platform will disseminate trade data to financial institutions, so they can assess credit and compliance risks
Science
Facebook removes accounts linked to smear campaign against Pfizer, AstraZeneca
The Fazze network offered to pay the influencers for reposting misleading content
- A network consisting of 65 Facebook and 243 Instagram accounts have been traced back to Fazze, an advertising agency working in Russia for an unknown client
- The Fazze network offered to pay the influencers for reposting misleading content
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
Company News
Arabian Plastic to list on Nomu
Business
Latest News
Macron calls for ‘new pact’ with Algeria in reconciliation visit
The trip follows months of tensions between Paris and the North African country, which earlier this year marked six decades...
Geostrategy
Agreement signed to implement Abu Dhabi Agri Genome Program
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) signed a collaboration agreement with the Khalifa Centre for Genetic Engineering...
Economy
DEWA organizes virtual seminar, 90 Turkish firms participate
Dubai Electricity and Water Authority (DEWA) has organized a virtual seminar with 90 leading Turkish companies in the energy and...
Business
Most Read
Economy
Egypt’s central bank cancels maximum cash deposit limit in banks
During the COVID-19 crisis, the bank set a maximum limit of cash deposits as part of measures to face its...
- During the COVID-19 crisis, the bank set a maximum limit of cash deposits as part of measures to face its global economic impact
- The bank decided to increase the maximum limit of cash withdrawals in banks from $2605 to to $7,814
Geostrategy
OIC calls on international community to stand firm with Rohingyas
The organization has also called for ensuring favourable conditions for the safe, voluntary, dignified, and sustainable return of all Rohingya...
- The organization has also called for ensuring favourable conditions for the safe, voluntary, dignified, and sustainable return of all Rohingya refugees to their homeland
- The OIC paid tribute to the Government and people of Bangladesh for their relentless efforts to provide protection, hospitality, and necessary assistance to Rohingya refugees
Economy
Jordan approves Public Sector Modernization roadmap
Addressing the Cabinet session, Prime Minister Dr Khasawneh affirmed the government's commitment to achieving the desired outcomes from the modernization...
- Addressing the Cabinet session, Prime Minister Dr Khasawneh affirmed the government's commitment to achieving the desired outcomes from the modernization roadmap
- The PM also stressed that the roadmap is "vigorous, flexible and capable" of realizing modernization and development, and is open to any positive improvements