Khalifa Fund partners with Wio Bank
Wio will offer Khalifa members full digital account onboarding.
Business
Masdar, IRENA ink pact on tripling global renewable energy capacity by 2030
ABU DHABI, UAE - Masdar has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a...
Science
35-day-long date festival to begin on Sunday in Saudi Arabia
More than 4,000 young men and women will take part in the festival, which will run for 35 days and...
Saad Toma new GM of IBM Middle East and Africa
Toma succeeds Takreem El-Tohamy, who has been appointed GM, Global Strategic Sales.
UAE to set up waste-to-energy plants to get rid of trash
The United Arab Emirates is looking to construct a set of waste incinerators around the country in order to burn...
Saudi minister on a visit to Bosnia preaches coexistence
Saudi Islamic minister urges people to disseminate moderation, promote a culture of tolerance and coexistence, in accordance with Islamic values.
Israel blames Iran for deadly attack on oil tanker off Oman
The Islamic Republic "is not only Israel's problem, but it is the world's problem. Its behaviour threatens the freedom of...
CEOs of listed Saudi firms resign in unusual numbers
At least 26 CEOs have resigned from the listed companies of Saudi Arabia in just last six months as the...
Two dead in attack on Israel-linked oil tanker off Oman
Analysts said the attack bore all the hallmarks of tit-for-tat exchanges in the "shadow war" between Israel and Iran
Over 250 Palestinian injured in West Bank clashes
The heaviest clashes were in Beita village near Nablus in the northern West Bank where residents have held regular demonstrations...
Delta variant causes more severe disease, US documents sound alarm
CDC director Rochelle Walenksy cited the presentation this week to justify a return to masks for vaccinated people in high-risk...
WHO urges action to suppress Covid before deadlier variants emerge
The highly-transmissible variant, first detected in India, has now surfaced in 132 territories and is partly to blame for an...
Khalifa Fund partners with Wio Bank
Wio will offer Khalifa members full digital account onboarding.
Business
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Saudi Fisheries posts losses
The news of the loss of $6.4m in H1 led to a slide in firm's stock.
Business
Oman producer prices increase by 40.7 percent in Q2
Producer prices in Oman increased by 40.7 percent during the second quarter of 2022 The producer price index in the...
Economy
Foreign investors in Arab exchanges buy $119.6bn in 2021
The Arab Monetary Fund (AMF) said that the Abu Dhabi Securities Exchange (ADX) was ranked first in the Arab region...
Market Report
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Business
Hydrogen policy will help UAE in generating clean energy
Abu Dhabi Department of Energy (DoE) Monday announced that the development of its hydrogen policy and regulatory framework aims to...
- The development of hydrogen policy and regulatory framework aims to accelerate the UAE's global leadership in low-carbon and clean hydrogen.
- For the policy, the DoE is working with key Abu Dhabi government and private sector stakeholders.
Economy
UAE’s H1 non-oil trade billion dirhams for first time in its history
The UAE has proven to the world the recovery of international trade after the most difficult pandemic that humanity has...
- The contribution of imports from the UAE’s non-oil trade has decreased to 55 percent, while the share of non-oil exports was 17 percent.
- Imports were AED580 billion during the first half of 2022, for the first time in its history as well. It recorded a growth of 19 percent compared to the same period in 2021.
Business
Abu Dhabi’s Al Bateen Executive Airport reopens after upgrade
Al Bateen Executive Airport has reopened following the successful completion of a major refurbishment project which will allow the airport...
- Al Bateen Executive Airport has reopened after the completion of a major refurbishment project.
- The work, completed in under 90 days, involved resurfacing and widening the 3.2km runway to accommodate wide-body aircrafts, among others.