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
Upcoming Jewels of Emirates Show set to be largest in its history
Sharjah, UAE - The upcoming fourth edition of the Jewels of Emirates Show, the UAE’s first of its kind showcasing...
Business
Business
Between the Holocaust and Israel: the Jews jailed on Cyprus
Between August 1946 and February 1949, more than 52,000 Jews taken off 39 boats were detained in a dozen camps...
- Between August 1946 and February 1949, more than 52,000 Jews taken off 39 boats were detained in a dozen camps in Cyprus
- The British wanted the cramped camps to be a "deterrent" aimed at "breaking the power of the 'Hebrew resistance movement' in Palestine"
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.
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
Company News
Arabian Plastic to list on Nomu
Business
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Schneider, ADH sign MoU
Business
Pakistan Prime Minister Shehbaz to visit UAE next month
This would be Shehbaz Sharif’s second visit to the UAE, but the first official visit since he assumed office.
Geostrategy
UAE stock markets post gains of $2.26 billion on Friday
Dubai General Index (DFMGI) advanced 0.007 percent to 3,462.890 pts as blue-chip developer Emaar properties continued to hike, closing higher...
Business
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Economy
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...
- The program aims at applying the best international practices related to agricultural genetic research.
- It aims to develop local spices of plant, animal and fish, to improve agricultural production and address the emirate's climatic and environmental challenges.
Business
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...
- DEWA has a clear strategy and specific goals to increase the share of clean and renewable energy in Dubai’s energy mix
- The company has launched pioneering projects and initiatives to diversify clean energy sources
Business
South Korea wins $2.2bn order in Egypt’s first nuclear plant
The Korea Hydro & Nuclear Power Co. won a contract with Russia’s state-owned Rosatom in the project. The state-owned Korean...
- El Dabaa plant, with a capacity of 4,800 MW, is Egypt’s first nuclear plant and would be constructed at an estimated cost of $28.75 billion.
- The contract stipulates that Rosatom will not only build the plant, but will also supply Russian nuclear fuel for its entire life cycle.