Best chance for peace in Yemen in eight years, says UN envoy
Yemen faces its best chance to strike a peace deal since the country's civil war started over eight years ago,...
Geostrategy
UN commission pays $600 million to Kuwait oil firm for Iraq invasion losses
The UN Compensation Commission is to pay another $1.1 billion to the Kuwait Petroleum Company as compensation.
85 percent of Dubai documents electronically archived in 2021
DGW says electronic archiving part of its efforts to develop a centralized digital archive compliant with international standards
Saudi Central Bank has a plan to create 200,000 jobs
If the Saudi Central Bank’s (SAMA) plan to increase the number of locals working in the financial sector succeeds, it...
NATO chief calls for negotiated settlement with Taliban
Jens Stoltenberg said the situation in the country is deeply challenging amid UN's warning that more civilians could die
Two die from Covid-19 as UAE reports 1,539 new cases
The country's Health Ministry says it has conducted a total of 296,686 additional COVID-19 tests using state-of-the-art medical testing equipment...
Reschedule Palestinian polls soon, include East Jerusalem, say UN experts
Polls to be held in May and July were postponed by Palestinian President Mahmoud Abbas on April 29 amid concerns...
Gulf nations pledge to provide quality education
The Arab countries have vowed to continue to work for the achievement of the UN Sustainable Development Goal to ensure...
One of world’s largest carpet factories coming up in Dubai
The solar-powered facility will enable Standard Carpets to increase production capacity by 40 percent and produce and additional 400 tons...
Jordan’s revenue, spending shoot up in first half of 2021
Jordan’s revenues during the first five months of 2021 went up by JD848.9 million, registering an increase of 38 per...
Israeli Gaza bombing apparently amounts to war crimes: HRW
Unguided rockets and mortars fired by Palestinian groups towards Israel violate prohibition against targeting of civilians
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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
Best chance for peace in Yemen in eight years, says UN envoy
Yemen faces its best chance to strike a peace deal since the country's civil war started over eight years ago,...
Geostrategy
Company News
Sharjah, Hungary discuss cooperation in cultural field
Arts & Culture
Latest News
Arab Monetary Fund forecasts 4.4% GDP growth for Qatar in 2022
The fund said in a report released today that it expect inflation in Qatar will record about 4.3 percent during...
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...
Economy
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Business
SRC, Riyad Bank sign $133m deal
This is the second largest mortgage refinancing deal in the kingdom.
- Tareq Al-Sadhan, CEO of Riyad Bank, said the long-term partnership with SRC will provide housing finance solutions that fulfill the needs and requirements of Saudi families.
- Saudi Vision 2030 aims to raise the percentage of residential ownership of Saudi families from 47 percent to more than 60 percent within four years.
Business
Listed insurance firms’ in UAE net profits at $222m in H1 2022
The total premiums of insurance companies listed in local financial markets in the first half of 2022 increased by 7.64...
- The total premiums of insurance firms listed in local financial markets in H1 2022 increased by 7.64 percent year-on-year to $302 million
- The total net profits of insurance companies listed in local financial markets in H1 2022 totaled $222 million
Business
Weeklong real estate transactions in Dubai amount to $2.8bn
The real estate and properties transactions valued at $2.8 billion (AED10.3 billion) in total during the week ending 19 August...
- A total of 344 plots were sold for $694 million, 2,239 apartments and villas were sold for $1.07 billion
- The top two transactions were a land in Al Wasl sold for $108 million, followed by a land sold for $55 million in Hadaeq Sheikh Mohammed Bin Rashid