IMF approves $5bn under flexible credit line for Morocco
Washington, USA - International Monetary Fund (IMF) approved SDR 3.7262 billion ($5 billion) on a two-year arrangement for Morocco under...
Economy
Dubai Chamber reviews software development, Artificial Intelligence sector
DUBAI, UAE - Dubai Chamber of Digital Economy highlighted software development and artificial intelligence (AI) industry in its 10th session...
Science
Dubai hosts MENA’s first Green Hydrogen project
It is an important milestone of the energy transformation, says Siemens official The project is a collaboration between Siemens, Dubai...
Walls, floor, ceiling can store power to light up your home and office
Concrete can possibly be a source of energy, says researchers Cement has potential to produce enough power to meet energy...
Bahrain imposes new curbs on entry to malls, restaurants
*Only the fully vaccinated people or those who have recovered from infection can only enter cinemas, service centers *Arrivals from...
UNHCR asks countries to share refugee burden, not externalize it
On the 70th anniversary of the 1951 Refugee Convention, UNHCR has urged bigger economies against passing the refugee burden down...
UAE to allow 100% foreign ownership of companies
The move is geared to attract more foreign direct investment to the UAE Cap on shares a company can float...
Egypt, Algeria seek to establish business councils for small enterprises
Councils will facilitate exchange visits of small enterprises owners in both countries Youth-driven growth of small enterprises thrust of Algeria-Egypt...
Turkey bans plastic imports after Greenpeace alarm
Greenpeace investigation finds "shocking" images of waste dumped along beaches across Adana city Turkey has been importing more plastic waste...
Gulf tourists await possible easing of EU travel rules
Under the current restrictions, people from only 7 countries, including Australia, Israel, Singapore, can enter the EUÂ Gulf residents are...
Sudan takes first steps to economic recovery with help from Saudi Arabia, others
Out from nearly 30-year-long international isolation, Sudan finds the crushing burden of debt being eased with help from Saudi Arabia,...
New distribution company to help Sharjah publishers reach global markets
New publishing company under the Emirates Publishers Association being set up The company will operate from the EPA headquarters near...
IMF approves $5bn under flexible credit line for Morocco
Washington, USA - International Monetary Fund (IMF) approved SDR 3.7262 billion ($5 billion) on a two-year arrangement for Morocco under...
Economy
Company News
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Tadawul posts 23% fall in profit
The profit fell to $74 million in H1 in a year of record listings.
Business
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Economy
Jordan industries’ use 24m cubic feet gas daily in 2021
The average natural gas consumption for Jordan's industries amounted to 24 million cubic feet (CF) per day during 2021, according...
- Gas production from Risha Field, eastern Jordan, reached about 6,510 million cubic feet during 2021 at a daily rate of 17.8 million cubic feet
- The capacity of Risha Field has been raised to about 32 million cubic feet per day, as Risha Wells 53, 51, 50 have entered production in 2021
Arts & Culture
Dubai Opera all set to celebrate its sixth anniversary
Dubai Opera, a destination for performing arts in Dubai, will celebrate its sixth anniversary on 31st August 2022.
- Resembling a traditional sailing vessel--Dhow--Dubai Opera has so far welcomed one million visitors since it was opened on 31st August 2016.
- Emaar Properties developed the 2000 seat arts center to host multiple performances and events including theatre, opera, ballet, and concerts,
Geostrategy
Jordan, Morocco to launch hospitality training facility
A Jordanian-Moroccan hospitality and tourism training project will be launched in the Hashemite Kingdom as part of the strategic partnership...
- The Moroccan ambassador stressed on Jordan's pivotal role in joint Arab efforts and regional issues.
- The envoy stressed on the partnerships between Jordan and Morocco in tourism, agriculture, renewable energy