DMCC to open office in Mumbai for Indian firms to expand through Dubai
Leveraging DMCC’s strong regulatory framework and reputation within Indian business circles, the office will provide a one-stop solution for Indian...
Business
UN says over 700,000 displaced within Sudan since beginning of conflict
Heavy fighting in Sudan has displaced 700,000 people within the country since the middle of April, the United Nations said,...
Geostrategy
Muammar Gaddafi’s son suggests he may run for president in Libya
He spoke in a rare interview, given to the New York Times at an opulent two-storey villa inside a gated...
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...
DMCC to open office in Mumbai for Indian firms to expand through Dubai
Leveraging DMCC’s strong regulatory framework and reputation within Indian business circles, the office will provide a one-stop solution for Indian...
Business
Company News
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Most Gulf nations stare at slow population growth
Except for the UAE and Bahrain, all GCC countries witnessed a steep decline in population. During the pandemic, the region...
Infographics
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...
Business
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...
Economy
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Business
Raya CX, Zain Saudi sign pact
Raya CX will provide outsourcing services to Zain Saudi Arabia.
- RAYA CX operates through three branches in Bahrain, Saudi Arabia, and the United Arab Emirates.
- The partnership reinforces Zain commitment to providing best customer experience, said Sultan bin Abdulaziz Al-Daghthir, CEO of Zain Saudi Arabia.
Business
Saudi Re GWP hits $245 mn
The growth was propelled by a 166% growth in H1 2022.
- The systemic volatility caused by increased interest rates and foreign currency fluctuations, affected the bottom line
- Saudi Re maintained a strong financial position with a A3 financial strength rating by Moody’s
Business
ALEC Energy, Stantec sign deal
They will enable firms to achieve UAE Energy Strategy goals.
- Under the agreement, the two companies will jointly work on projects to establish best practices in buildings design, systems and services.
- Both companies will also jointly share knowledge with the industry and sponsor events, training programs and workshops with industry stakeholders.