Up to $1.7 trillion investment needed for green aviation goals
To meet the estimated energy demand from hydrogen and electric aircraft in 2050 would require the amount of energy produced...
Economy
Cementing ties: Iran invites Saudi Arabia’s king to visit Tehran
The two countries had severed ties seven years ago after Saudi Arabia executed a revered Saudi shia cleric Sheikh Nimr...
Geostrategy
On-campus workers must be vaccinated, say Google, Facebook
Spikes in infections due to a Delta variant of the virus have ramped up concerns in the United States, where...
Fast-track new govt, France to Tunisia
French foreign minister Le Drian said it was "necessary to preserve calm, and the rule of law, and to allow...
Muscat plans light rail metro network
The network, which will link the cities of Ruwi and Muttrah to the airport and Seeb, is part of the...
Mawani inks deal with UFC to build silos at key Saudi ports
Once the silos are built, the at Jazan and Ras Al Khair ports will have a total storage capacity of...
Mubadala invests $250 million in biosimulation firm Certara
The deal happened between Certara, Mubadala, and some existing shareholders of Certara, including a shareholder affiliated with EQT.
Yanbu Port in Saudi Arabia receives first cruise ship
One of Saudi Arabia’s oldest ports in the Red Sea, Yanbu usually sees traffic of cargo and passengers, and even...
Qatar Emiri Air Force adds four more Rafales
The four multirole combat aircraft from France’s Dassault Aviation include three single-seat Rafale EQ and a twin-seat Rafale DQ.
India, UAE agree on extending energy relations
India's new Minister for Petroleum and Natural Gas, Hardeep Singh Puri, makes courtesy calls to his counterparts in major oil...
Sharjah survey to measure sector-wise growth in emirate
Department of Statistics and Community Development said the impact of government policies on the economy is reflected in the survey...
16,000 more Palestinians to get work permits in Israel
Jobs in Israel offer higher wages but Palestinians complain they do not get paid as much as their Israeli counterparts...
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
Up to $1.7 trillion investment needed for green aviation goals
To meet the estimated energy demand from hydrogen and electric aircraft in 2050 would require the amount of energy produced...
Economy
Company News
Latest News
Jordan and Algeria agree to boost trade, investment ties
Many Jordanian industrial sectors have the necessary requirements to enter the Algerian market, especially the pharmaceutical components, clothing, chemical and...
Business
Aramco to complete $2.65bn buyout of Valvoline in 2023
Days after disclosing it had signed a $2.65 billion equity purchase agreement with Valvoline Global Products, Mohammed Y. Al-Qahtani, Aramco’s...
Business
Saudi Arabia advances in education competitiveness index
The Kingdom of Saudi Arabia has progressed in the education, research, and innovation indicators per the World Competitiveness Yearbook 2022...
Research
Most Read
Geostrategy
Two more grain ships leave Ukraine, says Turkey
Two more ships carrying grain have left Ukraine's Chornomorsk port, Turkey's Defense Ministry said on Saturday, bringing the number of...
- Ukraine's Sea Ports Authority said three seaports had begun loading food onto seven ships which would deliver 66,500 tonnes of wheat, corn and sunflower oil.
- The Authority said Ukrainian-origin food would be delivered to France, Sudan, Turkey and the Netherlands.
Market Report
ADX tops Arab region in market value increase, says AMF
The Abu Dhabi Securities Exchange was the leading Arab financial market in terms of performance last week, as its index...
- The AMF said that the market value of Arab stock exchanges rose by 2.5 percent, equivalent to some $110.64 billion at the end of trading last week
- The market value of the 13 Arab stock exchanges listed in the AMF’s database rose to $4.58 trillion at the end of last week
Business
Asia Cup 2022 trophy unveiled in Abu Dhabi
The Asian Cricket Council’s marquee event returns after a four-year interval with the 2022 edition of the Men’s Asia Cup.
- The Asian Cricket Council’s marquee event returns after a four-year interval with the 2022 edition of the Men’s Asia Cup
- Dubai International Cricket Stadium will host nine games including the final, while Sharjah Cricket Stadium will host four games