UAE, Morocco discuss ways to strengthen trade relations
Rabat, Morocco - The UAE is keen to strengthen economic and trade relations with Morocco, in a way that enhances...
Business
DET to highlight Dubai’s tourism in Arabian Travel Market
DUBAI, UAE - Dubai’s Department of Economy and Tourism (DET) is likely to display the diversity of the Emirate's destination,...
Business
Bahrain to let restaurants, sports centers open Friday, July 23
Bahrain has announced that it will allow cafes, restaurants, sports centers and more to open for all on Friday
Windward launches tool to track containers worldwide
Israel-headquartered firm Windward has launched a system that provides live-screening and tracking of containers
Haifa Group taps KBR for expansion of 2 nitric acid plant in Israel
Haifa Group has contracted KBR to expand the capacity of two nitric acid plants in Israel by 35%
Iran opens oil terminal in Gulf of Oman to bypass Strait of Hormuz
Iran has started exporting crude through its first terminal in the Gulf of Oman, bypassing the Strait of Hormuz to...
UAE is using drones to zap clouds and create rain
The UAE is making rainfall using drone technology to hit clouds with electricity to combat high temperatures
Aramco confirms data breach that entails $50m ‘ransom’ demand
Aramco has acknowledged that it had seen a data breach that has a potential $50-million “ransom” demand attached to it.
NASA rover preparing to take first Mars rock samples
Analyzing samples will reveal whether they were formed by volcanoes or are sedimentary in origin
Great Barrier Reef’s World Heritage status at risk
Visible from space, The Great Barrier Reef was added to the list in 1981 UNESCO World Heritage sites
Monthly rent in Kuwait can eat up 38 percent of your income
Average monthly rent for a three-bedroom apartment in Kuwait is about 475 KD ($1579), according to a survey by a...
Majority of employees worldwide want flexible working to continue: WEF
30 percent of 12,500 employes in 29 countries say they would look for another job if forced to go back...
UAE, Morocco discuss ways to strengthen trade relations
Rabat, Morocco - The UAE is keen to strengthen economic and trade relations with Morocco, in a way that enhances...
Business
Company News
Tecom lists 12.5% shares on DFM
Business
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Saudi, Uzbekistan sign cooperation pact in several energy sectors
Saudi Arabia and Uzbekistan have signed an agreement to develop cooperation and exchange information and experiences in all fields of...
Business
OPEC revises oil demand projection to 3.1mn barrels a day
The recent drop in oil prices reflects global concern over an economic slowdown and “masks physical market fundamentals," says OPEC...
Business
Israel planning renewable energy projects in MENA region
The companies are also developing projects in Morocco, the UAE and Bahrain, along with Egypt and Jordan.
Geostrategy
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Business
‘RAK aims to increase number of hotel rooms in 5 years’
CEO of the Ras Al Khaimah Tourism Development Authority (RAKTDA) Raki Phillips said that the emirate’s tourism sector aims to...
- Ras Al Khaimah plans to increase the number of hotel rooms in the emirate over the next five years to 12,747 rooms
- The rooms would be provided by over 50 hotels and resorts that offer the highest levels of service to visitors
Economy
UAE announces new incentives to support emirati SMEs
The new incentives include classifying up to five enterprises under Tier 1 category per owner, instead of two enterprises, and...
- The enterprises that will benefit from the new incentives have to be members of accredited funds and programs that support SMEs in the UAE.
- Empowering SMEs is a strategic priority within the nation’s continuous efforts to develop the business sector in the UAE, said Khalil Al Khoori, an HR official.
Business
Ajman Chamber discuss economic ties with Mexican envoy
Director-General of the Ajman Chamber of Commerce and Industry (ACCI) Salem Al-Suwaidi received Ambassador of Mexico to the UAE Luis...
- The meeting between DG of Ajman Chamber and Mexican ambassador took place as part of the Chamber's efforts to diversify its external partnerships
- The two sides discussed economic cooperation and explored trade and investment opportunities between the two countries