UN chief calls for protection of biodiversity on International Mother Earth Day
NEW YORK, US - UN Secretary-General António Guterres issued a statement calling for urgent action to protect the environment and...
Science
UAE minister stresses G20 and COP28 collaboration at WBG meet
The members also exchanged views on progressing the implementation of Multilateral Convention to Implement Tax Treaty Related Measures to Prevent...
Economy
Ecuador revokes Wikileaks founder’s citizenship
Ecuadorian authorities say his naturalisation letter had multiple inconsistencies, different signatures, the possible alteration of documents and unpaid fees, among...
Rich-poor gap widening due to unequal vaccine access: IMF
Advanced nations have vaccinated nearly 40 percent of the population, compared to barely 11 percent in emerging markets and a...
Earth’s ‘vital signs’ worsening as humanity’s impact deepens
Of 31 "vital signs" - key metrics of planetary health that include greenhouse gas emissions, glacier thickness, sea-ice extent and...
Palestinian killed by Israeli forces in West Bank: Palestinian authorities
Shadi Omar Lotfi Salim, 41, was shot dead near the flashpoint Palestinian village of Beita, the Palestinian health ministry said
16000 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.
Three-year exit ban for Saudis breaking Covid-19 travel rules
Saudi Arabia has officially recorded more than 520,000 cases of coronavirus, of which 8,189 have resulted in deaths.
Saudi ICT infrastructure market set for 9% growth by 2030
The country’s ICT infrastructure market value stood at $1.54 billion in 2020, and is being fueled by several factors.
Saudi Arabia dairy market to grow at 5.66% CAGR
Valued at $5.72 billion in 2020, the market is expected to expand to $7.94 billion by 2026, said market intelligence...
Kuwait to lend Egypt more than $18 million to build two desalination plants
The two plants will be built in the new cities of Rafah and Bir al Abed in North Sinai.
Israel, Bahrain gear up for economic cooperation agreement
The agreement, after it comes into effect, is expected to lead to the establishment of a joint economic committee to...
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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
UN chief calls for protection of biodiversity on International Mother Earth Day
NEW YORK, US - UN Secretary-General António Guterres issued a statement calling for urgent action to protect the environment and...
Science
Company News
Incubeta buys Bruce Clay
Business
Vodafone signs deal with Whisbi
Business
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Sharjah, Hungary discuss cooperation in cultural field
Arts & Culture
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.
Business
Widam Food signs $27mn pact with Egypt’s Frigo
The company, in a statement, said it exported two meat shipments to Egypt in March and July.
Business
US names seasoned diplomat as new envoy to Kuwait
The White House said that Sasahara is a career member of the Senior Foreign Service with the rank of Minister-Counselor...
Geostrategy
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Business
QFB completes rights issue
It issued 420,000,000 shares in order to raise capital of $307m.
- Its net profit shot up 2.55 percent to $11.53 million in the first half of this year, compared to $11.23 million in the same period last year
- In 2019, the bank had reduced the capital by 65 percent from $549 million to $192 million to extinguish consolidated losses of $357 million
Economy
Qatar’s oil and gas revenues rise 67% in H1 of 2022
Data released from the Ministry of Finance showed that oil and gas revenues increased to $32 billion, compared to $19...
- Data released from the Ministry of Finance showed that oil and gas revenues increased to $32 billion, compared to $19 billion in the first half of 2021
- Total revenues achieved, during the first half of this year, reached $41 billion, with $23 billion coming in the second quarter
Business
GMC, Fix Network sign agreement
Twelve new service and collision repair centers will be set up in Saudi.
- The new partnership will launch with six collision centers and six quick service centers spread across KSA.
- The collision repair services will be known as Fix Auto Collision, while the mechanical service and repair centers will be called Fix Auto Service.