AI key to global opportunities, practical solutions
"Projections indicate that AI solutions are set to contribute an estimated $13 trillion to the global GDP by 2030, optimizing...
UAE energy ministry awards DEWA for research, innovation
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has been awarded first place in UAE Ministry of Energy and...
Business
Rights organisations demand Bahrain release opposition figure on hunger strike
Sixteen organisations -- including Amnesty and BIRD -- called on Bahraini authorities to release Abduljalil al-Singace, who is serving a...
Israel’s Rafael ties up with Lockheed Martin to make new laser weapon
Lockheed Martin has said that the two companies would also explore opportunities to market this system — meant for Israel...
Egypt court gives death penalty to 24 Muslim Brotherhood members
The verdicts, in two different cases involving the killing of policemen, came on Thursday, with eight of the 24 tried...
Bahrain court six jails bank officials for in $1.3-billion money laundering case
The court convicted not just these six Future Bank employees but the bank itself, the Central Bank of Iran, and...
Nine dead, hundreds arrested in Iran water protest crackdown
The authorities should immediately release peaceful protesters, provide information about deaths, and allow an independent international investigation, says Human Rights...
Abu Dhabi’s 5G speed rates among three fastest in world
Abu Dhabi has been rated as one of the three capitals with the fastest 5G speed, with the fastest median...
Beirut blast aftermath: 564,000 children ‘struggling to survive’ in city
Global non-profit Save The Children has said the collapsing Lebanese economy has pushed more than half a million children in...
Four dead as forest fires rage in Lebanon, Syria, Turkey
The fire in Syria spread from Lebanon, while Turkey saw a separate series of blazes; in all, four people have...
Demand for UAE gold jewellery spikes as buyers splurge
Demand for UAE gold jewellery has vaulted 461 percent to 7.3 metric tons in the second quarter as compared to...
Dubai realty sales: Apartment in Marsa sold for $110m
88 plots of land sold for AED 620.22 million, and 1,135 apartments and villas were sold for AED 2.27 billion.
- 88 plots of land sold for AED 620.22 million, and 1,135 apartments and villas were sold for AED 2.27 billion
- The highest number of sales worth AED 66.09 million were recorded in Nad Al Shiba
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
AI key to global opportunities, practical solutions
"Projections indicate that AI solutions are set to contribute an estimated $13 trillion to the global GDP by 2030, optimizing...
Company News
Latest News
Al Seer acquires 2 VLCCs
Business
Dubai Media Inc affiliated to Dubai Media Council
In his capacity as the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, has...
Business
UAE Ambassador to Iran will soon resumes duties
In line with UAE efforts to strengthen relations with the Islamic Republic of Iran, the Ministry of Foreign Affairs and...
Geostrategy
Saudi business tax payers asked to submit July declaration
The Zakat, Tax and Customs Authority has called on taxpayers from the business sector subject to value added tax (VAT)...
Business
Most Read
Business
Telecom Egypt and Orange Jordan’s CAB System to connect Iraq to Europe
Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, and Orange...
- The Cairo Amman Baghdad System will be ready for service in the third quarter of 2022.
- Once launched, it will be the most advanced, scalable gateway and express route connecting Iraq to Europe using the companies’ networks, the companies said in a statement.
Business
Cross-currency payments face challenges
Cross-currency payments cut the need for foreign transaction fees for customers, encourage customer loyalty and reduce cart abandonment but they...
- Cross-border payments are not always hugely inclusive to individuals, according to ManagedLEI, a Registration Agent of Legal Entity Identifiers.
- In countries where access to a bank account is low, for example, not everyone will be able to make cross-border transactions.
Geostrategy
UAE, Egyptian leaders review fraternal relations in Al Alamein City
President Sheikh Mohamed bin Zayed Al Nahyan arrived in Al Alamein City on a visit to the Arab Republic of...
- President Sheikh Mohamed bin Zayed Al Nahyan has arrived in Al Alamein City on a visit to the Arab Republic of Egypt.
- President of Egypt, Abdel Fattah el-Sisi received UAE President Sheikh Mohamed at the airport where the leaders discussed cooperation between the two countries.