Oman year-on-year growth rate touches 15.4 percent
Muscat, Oman - Oman's achieved a 15.4% year-on-year sector growth, as reported by the National Center for Statistics and Information...Business Economy
TDRA inks pact with PCFC’s Dubai Maritime Authority
DUBAI, UAE - The Telecommunications and Digital Government Regulatory Authority (TDRA) has signed a Memorandum of Understanding (MoU) with the...Business Geostrategy
GCC airlines fly into losses amidst Covid-19
With $126 billion in losses, airline industry recently confirmed that 2020 was the worst year on record for the struggling...The pandemic has forced airlines to lay off staff and seek government bailouts
2020 was the worst year on record for the struggling sector
France takes to the skies to celebrate Expo 2020 National Day
DUBAI: France celebrated its 'Expo 2020 National Day' with celebrations in the skies and across ten locations, with the main activities...The official ceremony took place at Al Wasl Plaza in the presence of France Minister of Europe and Foreign Affairs Jean-Yves Le Drian.
The 'National Day' celebrations took place across ten locations.
UAE-Brazil trade defies Covid pandemic gloom, posts 33 percent growth in 2021
Trade between the United Arab Emirates and Brazil has grown 33 percent in the first eight months of 2021, defying..."This year we can see a strong increase in bilateral trade that reached US$1.8 billion in the first eight months [until August
the Brazil-UAE bilateral trade in 2018 stood at US$2.6 billion, which went up to US$2.81 billion in 2019
Shareholders of Jeddah’s International Medical Center to sell shares in an IPO
Fitaihi Holding Group, which owns part of IMC, has declared that it intends to sell the hospital’s shares in a...This follows a raft of other Saudi companies announcing a potential listing on the Saudi bourse
The firm, which owns 19.25 percent of the hospital, said it will take the necessary measures to “transform it into a public joint-stock company”
Dubai police and a firm join hands to educate people about crypto fraud risks
Dubai police and a cryptocurrency trading firm have joined hands to make investors and traders aware of the risk of...“We have been working with key policymakers to help them build regulation that will make crypto safe for investors”
She said there is a “string of scams happening on peer-to-peer platforms,” and the partnership with the police could help investors and traders steer clear of them
Hyperloop to become a reality in years, not decades: CEO DP World
Hyperloop, which is expected to transport passengers and freight at a speed of an airplane, could become a reality before...Sultan Ahmed bin Sulayem said India and Saudi Arabia might roll out the transport system first.
DP World has invested in Virgin Hyperloop, which tested human travel in a hyperloop pod for the first time in 2020.
Has Apple traded magic for profit?
The company under Cook has delighted Wall Street: the Apple brand was worth about $350 billion ten years ago and...The company under Cook has delighted Wall Street: the Apple brand was worth about $350 billion ten years ago -- and is worth $2.358 trillion today
The Californian behemoth has impacted hundreds of millions of lives since its 1976 founding in a garage
EU aims to cement cooperation with Gulf states, says bloc’s foreign policy chief
DUBAI: The EU aims to cooperate with the Gulf states on climate change, global access to vaccines and supporting the...Josep Borrell is on a visit to Riyadh, UAE and Qatar.
A cooperation agreement will be signed with Saudi Foreign Minister Prince Faisal bin Farhan.
Sharjah International Book Fair begins on Nov 3
Organised by the Sharjah Book Authority (SBA), the annual fair is one of the top three book fairs in the...Organised by the Sharjah Book Authority (SBA), the annual fair is one of the top three book fairs in the world.
Authors, publishers, creatives, and intellectuals from around the world will take part in the fair's activities over the 11-day period
Sharjah, Guatemala explore ways to boost trade, cultural ties
Sharjah and Guatemala have held discussions on enhancing trade exchange relations and joint investment opportunities in vital sectors like tourism,...Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, hosted a high-level Guatemalan delegation
Malouf, who is also the head of the Guatemalan delegation at the ongoing Expo 2020 Dubai, was accompanied by Lars Pira, Guatemala's Ambassador to the UAE
