WEF meet to shed light on global economic transformation
Geneva, Switzerland - The 14th World Economic Forum (WEF) Annual Meeting of the New Champions is scheduled to take place...
Economy
‘World’s most efficient AC’
Business
SARCO, Christof Global sign MoUs
Business
Alpha Dhabi ups stake in Aldar
Business
ADFD finances US$30m sustainable water project in Mauritania
ABU DHABI, UAE - Abu Dhabi Fund for Development (ADFD) has signed an agreement with the government of Mauritania to...
Geostrategy
Business
First West African case of deadly Marburg virus detected: WHO
The virus, which is carried by bats and has a fatality rate of up to 88 percent, was found in...
- The virus, which is carried by bats and has a fatality rate of up to 88 percent, was found in samples taken from a patient who died on August 2 in southern Gueckedou prefecture
- The discovery comes just two months after the WHO declared an end to Guinea's second outbreak of Ebola
Business
US announces extra $165 mln in Yemen aid
Yemen's conflict flared in 2014 when Iran-backed Huthi rebels seized the capital Sanaa
- Yemen's conflict flared in 2014 when Iran-backed Huthi rebels seized the capital Sanaa
- The fighting has killed tens of thousands, displaced millions and left some 80 percent of Yemenis dependent on aid
Business
Raisi tells Macron nuclear talks must guarantee Tehran’s ‘rights’
It was the ultraconservative Raisi's first reported call with a Western leader since taking office last week
- It was the ultraconservative Raisi's first reported call with a Western leader since taking office last week
- Both Raisi and Macron also stressed the need to strengthen bilateral relations, the statements said
Business
Dubai Chamber launches online tool to fill $10b export gaps
The launch of the tool is in line with the emirate’s new target to boost its foreign trade from around...
- The tool is focused at 30 promising markets across the MENA region, Asia, Africa, and Europe
- They added that Dubai Chamber’s online tool has 26 major commodities listed on it
Business
Pact signed to measure Abu Dhabi workers’ quality of life
The aim of the cooperation is to activate the role of DCD and SCAD within a set of future programs...
- The agreement will help policymakers, decision-makers to support labor force in Emirati capital.
- Need felt for collection of accurate statistics and data related to work environments and workers’ quality of life.
Business
Riyadh leads Q2 Saudi Arabia residential market boom
Latest review by global property consultant Knight Frank says apartment values in Saudi capital grew by 7.6 percent year on...
- Latest review by global property consultant Knight Frank says apartment values in Saudi capital grew by 7.6 percent year on year.
- Riyadh and Jeddah likely to witness a 25 percent and 36 percent increase in total office supply in the next three years.
Business
Iran helps Syria build power plant in Latakia
The new plant is expected to help bring back energy to those in Syria who lost access to it over...
- Iran-based Mapna Group has been tasked with implementing the project
- Iranian experts are aiding in this construction in an effort to assist the war-torn country in rebuilding itself
Business
Lebanon fuel scarcity leads to brawls that kill three
The fatalities have taken place in two different incidents in the country where fuel is scarce due to an ongoing...
- In one case, two people were killed in a brawl in the Lebanese city of Tripoli
- In the second instance, a youngster was shot dead at a gas station in a village
Business
ADNIC H1 net up 31.1 percent to $67m
Gross written premiums for the H1 of 2021 rise by 4.2 percent to AED 2.67 billion.
- Gross written premiums for the first half of 2021 increase by 4.2 percent to AED 2.67 billion.
- ADNIC’s net investment and other income increased by 58.3 percent to AED87.3 million for the six-month period.
Science
Bombshell UN climate change report shows global warming accelerating
Years in the making, the sobering United Nations report approved by 195 nations shines a harsh spotlight on governments dithering...
- The report shines a harsh spotlight on governments dithering in the face of mounting evidence that climate change is an existential threat
- Scientists are observing changes in the Earth’s climate in every region & across the whole climate system
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
WEF meet to shed light on global economic transformation
Geneva, Switzerland - The 14th World Economic Forum (WEF) Annual Meeting of the New Champions is scheduled to take place...
Economy
Company News
‘World’s most efficient AC’
Business
SARCO, Christof Global sign MoUs
Business
Alpha Dhabi ups stake in Aldar
Business
Latest News
ENEC hosts top performing students from Al Dhafra region
The Emirates Nuclear Energy Corporation (ENEC) has hosted a recognition ceremony at the Barakah plant for top-performing students from the...
Economy
Dubai real estate market’s July performance best in decade
Dubai real estate market recorded a total of 7,092 transactions in July 2022, which is its best performance in the...
Business
Most Read
Emirates NBD joins fight against illegal wildlife trade
The banking group is supporting efforts to combat global wildlife trafficking by joining the United for Wildlife financial task force.
- The banking group is supporting efforts to combat global wildlife trafficking by joining the United for Wildlife financial task force
- NBD will work with its peers to promote the welfare and safety of wild animals, Group Chief Compliance Officer Victor Matafonov said
Business
Assets of UAE national firms climbs 10% to $116bn in H1
A total of 74 listed companies listed in the Abu Dhabi Securities Exchange (ADX) accounted for 59.8 percent of total...
- According to the disclosures made by 118 listed companies, their assets increased to $1.289 trillion at the end of June
- The banking sector was the leading contributor, with 17 banks accounting for 69 percent of total assets, valued at $891 billion at the end of June 2022
Geostrategy
Jordan’s power supply to West Bank doubles after Jordan Valley plant’s upgrade
Jordan's Prime Minister emphasized that the project reflects Jordanian commitment to assist in laying the foundation for an independent Palestinian...
- Jordan's Prime Minister emphasized that the project reflects Jordanian commitment to assist in laying the foundation for an independent Palestinian state
- He added that Jordan is doing everything possible to safeguard the historical and legal status of Al-Aqsa Mosque and Al-Haram Al-Sharif