UAE exports to reach $544bn by 2030, says Standard Chartered report
DUBAI, UAE - The UAE is poised to play a pivotal role in global trade with its exports projected to...
Economy
Sharjah group to discuss trade boost with India in five-day trip
SHARJAH, UAE- The Sharjah Chamber of Commerce and Industry (SCCI) will embark on a trade mission to India on Monday...
Business
Geostrategy
UK, US interferences threaten regional stability: Iran
Iran’s Supreme National Security Council Secretary Ali Shamkhani reportedly issued this warning in a meeting with Iraqi Foreign Minister Fuad...
- A top Iranian security official accused the UK and the US of continued “meddling” in the internal affairs of the regional countries
- He added that countries in the region are able to ensure their security without external interference
Science
Israel requires Covid tests for children
Israel already requires children aged 12 and over to be tested for Covid in order to enter many public places
- Israel already requires children aged 12 and over to be tested for Covid in order to enter many public places
- Israel is also considering lowering the age limit for its campaign of booster vaccinations
Lincoln Middle East H1 sales rise 54%
Lincoln is the luxury-vehicle arm of US carmaker Ford.
- Sales of the Lincoln Corsair small SUV increased 98 percent compared to the previous year
- Meanwhile, sales of the mid-size Lincoln Aviator SUV grew 108 percent
Geostrategy
Emiratis in 18-24 age group 61 percent of Expo 2020 volunteers
The Expo Volunteers Program is an opportunity to gain lifelong skills and build connections, say Expo statement.
- Volunteers drawn from all segments of society will manage the 182-day event's vast array of activities, events.
- The Expo Volunteers Program is an opportunity to gain lifelong skills and build connections, says Expo statement.
Mulk JV to launch Alubond in US
The JV will launch Mulk’s Alubond brand of façade materials in the US.
- Mulk Holdings has joined hands with Park International Investments and Silver Heights Real Estate in the JV
- Alubond USA, the JV, has already secured supply contracts worth over $100 million involving five projects in the US
Geostrategy
US urges OPEC+ to pump more oil
US national security adviser Jake Sullivan has criticized the world's major oil producers over their production speed.
- The US believes lower oil prices resulting from slower pumping would be detrimental to a global economic recovery
- As such, it has said it is engaging with ‘relevant OPEC+ members’ to urge them to extract more oil
Arts & Culture
Dubai Tourism launches new trailer
This is the second instalment of the Dubai Presents campaign, and like the first one highlights some of Dubai’s most...
- This trailer comes just days after the Dubai Presents campaign was launched with the spy-action genre
- This one-minute-six-second trailer is titled Dubai: A Romance to Remember
Geostrategy
Afghan general takes Taliban fight to social media
36-year-old Sadat commands 20,000 men and remains optimistic of a win against Taliban.
- 36-year-old Sadat commands 20,000 men and remains optimistic of a win against Taliban.
- He has received military training in Germany, Britain, Poland and the United States, and also served in Afghanistan’s spy agency.
Arts & Culture
Park featuring world’s largest aquarium 64 percent complete
The aquarium will be home to 68,000 marine animals including, sharks, schools of fish, manta rays and sea turtles.
- The aquarium will be home to 68,000 marine animals including, sharks, schools of fish, manta rays and sea turtles.
- Yas SeaWorld Research and Rescue Center to become first of its kind in UAE, focusing on indigenous Gulf and marine life ecosystems.
Business
Dubai hotels may work full capacity
Under new Covid-19 directions for tourism sector, the number of participants in community events has been increased to 2,500 for...
- The number of participants in community events increased to 2,500 for indoor activities and 5,000 for outdoor functions with no mandatory vaccination.
- Recreational and entertainment destinations such as museums, cinemas, exhibitions and tourism spots may increase their capacity to 80 percent.
UAE exports to reach $544bn by 2030, says Standard Chartered report
DUBAI, UAE - The UAE is poised to play a pivotal role in global trade with its exports projected to...
Economy
Company News
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Women take lead in UAE, invest $9.42bn in 8 months at ADX
Some $9.42 billion have been invested in the financial markets by Emirati women during the last eight months of the...
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...
Business
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...
Economy
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Business
NBK Bahrain H1 net profit $145m
The profit in the same period last year was $159m
- As of end of June 2022, NBK-Bahrain’s total assets stood at BHD 7.05 billion compared with BHD 7.13 billion for the same period in 2021.
- customer deposits increased by 68 percent y-o-y to BHD 3.080 billion compared with BHD 1.829 billion for the same period of previous year.
Arts & Culture
Dubai to host international museums conference in 2025
Dubai has officially begun its journey as the host of the 27th International Council of Museums (ICOM) General Conference 2025...
- Dubai’s hosting of the largest international gathering for museums in 2025 is set to strengthen the city’s position as a hub for creativity.
- Chairperson of Dubai Culture and Arts Authority (Dubai Culture) said the global platform is an opportunity to discuss the future of museums.
Videos
Top tourist destinations in Dubai
Dubai tourism recovered fast after the easing of Covid-19 restrictions, registering a 203 percent increase in the number of visitors...
- The increased flow of tourists helped improve hotel occupancy across the emirate, which reached 76 per cent during the period, the highest globally in Q1.
- Dubai was rated the third safest city to travel for solo female travelers.