Madinah on list of top five regions for e-commerce records
Madinah, Saudi Arabia -- The number of existing electronic-commerce records in Madinah reached 1,834 during the 4th quarter of 2023,...Business
Global maritime trade sails into geopolitical storm
Most large international shipping companies have decided to reroute trading to avoid the Red Sea and Suez Canal through which...Business Economy
UAE Central Bank to issue commemorative Expo 2020 silver coins
DUBAI: The Central Bank of the UAE (CBUAE) has announced it will issue silver coins that feature Expo 2020’s official...All issued commemorative coins will be available for sale via the Expo 2020 official stores as well as the New Zealand Mint’s website.
Costing coins will be available for sale via the Expo 2020 official stores and New Zealand Mint’s website.
Al-Rajhi Capital predicts Saudi oil revenues to touch $145.3bn at the end of 2021
Al-Rajhi Capital believes that Saudi oil revenues will touch $145.3 billion at the end of 2021, while total state revenues...The bank's estimate for non-oil revenue is at $101bln
The assessment was made on the Saudi budget forecast released on Thursday
Jordan, Lebanon discuss cooperation
Jordanian Prime Minister Bishr Khasawneh met his Lebanese counterpart Najib Mikati to discuss cooperation and help Lebanon.Jordanian Prime Minister Bishr Khasawneh underlined his country’s support for Lebanon to overcome ongoing challenges
He also pointed to the relations that bind the two countries and peoples, highlighting Jordan's commitment to enhancing joint cooperation
Saudi Arabia to strengthen trade ties with Austria
The Saudi delegation of the trade system was headed by Minister of Commerce Majid Al-Qasabi.During the meeting, the countries discussed opportunities to enhance and develop commercial relations
They also talked of ways to upgrade the level of trade exchange and cooperation between the two countries
Dubai Expo 2020 to attract 25 million business, tourist visits
The full expo site has opened its doors to exhibitors from almost 200 countries.The full expo site has opened its doors to exhibitors from almost 200 countries
The event was chosen eight years ago to follow the 2015 Expo in Milan, Italy, and cost around $6.8 billion
ADNOC Distribution will pay $350 million H1 interim dividend to shareholders
DUBAI: ADNOC Distribution has announced AED1.285 billion ($350 million) as an interim dividend payment to shareholders for the first six...This is the first payment in what is expected to be a full-year 2021 dividend payment of AED 2.57 billion.
The company has set a minimum of AED2.57 billion dividend for 2022.
Oman looks to tap Brunei for cooperation
Oman’s Foreign Minister Sayyid Badr Hamad Al Busaidi and Brunei Darussalam’s Second Foreign Minister Dato Seri Setia Haji Erywan bin...During the meeting, the ministers stressed on their keenness in promoting cooperation in various fields, especially in areas of joint investments
They also exchanged views on regional and international matters of common interest
Facebook grilled over mental health fears
Facebook study warned of the harm Instagram can do to girls' well-beingFacebook study warned of the harm Instagram can do to girls' well-being
A Facebook whistleblower is set to testify before senators on Tuesday
Seamless Middle East 2021 held in Dubai
The event, sponsored by the Arab League and organised by Terrapinn, was held at the Dubai World Trade Centre.The event, sponsored by the Arab League and organised by Terrapinn, was held at the Dubai World Trade Centre
Participants in the event included a number of international institutions and organisations, such as Harvard University, the UN and the World Bank
US Pavilion to inspire ‘spirit of freedom’: Commissioner General
Robert Clark praised the UAE for transforming “the sands of the desert into a thriving World’s Fair site, complete with...Robert Clark praised the UAE for transforming “the sands of the desert into a thriving World’s Fair site, complete with spaces for 192 nations to connect
Clark added that the USA Pavilion will welcome millions in-person and online