UAE announces reduction in fuel prices for January
ABU DHABI, UAE - The prices of petrol and diesel are set to decrease in the country in January following...Business Economy Energy Geostrategy
Saudi AZM gets independent director
Omar bin Fahd Al-Sunaidi's term will extend until Jun 2026.Business
UAE investors behind Bahrain’s $492m tourism investment
Investments from UAE-based property developers helped Bahrain’s tourism sector remain buoyant during the pandemic.Capital investment into MEA last year decreased 82 percent from 2019, dropping to $1.6 billion.
Bahrain ranked first in MENA for the number of tourism jobs created in 2020 and second for the number of tourism FDI projects.
Air Arabia resumes flights to Saudi Arabia
Flights between Sharjah and Riyadh, Jeddah and Dammam to start from Sep 14Customers can now book their direct flights between Sharjah and Riyadh, Jeddah and Dammam by visiting Air Arabia's website
All passengers traveling to the kingdom are required to download "Tawakkalna" mobile app
‘Third mass exodus’ feared in Lebanon as crisis worsens
Based on a survey done last year, 77 percent of Lebanese youth said they think about emigrating and seek it,...Based on a survey done last year, 77 percent of Lebanese youth said they think about emigrating and seek it, and this percentage is the highest among all Arab countries
Many professionals, including doctors, academics, entrepreneurs, and designers, have left or are planning to go
Knight Frank strengthens UAE team
The company hires two members for Industrial and Logistics.Company credits Maxim Talmatchi, who was hired as manager and co-head of Industrial and Logistics, with 300 successful transactions.
Dumitru Mamaliga, hired as industrial surveyor, has focused in the industrial and logistics sector in the UAE since 2017.
Pageants, races drive camel cloning demand
Cloning is in demand not only for beauty pageants and races but also for reproducing camels that produce large amounts...Some clients will pay between $54,500-$109,000 to duplicate a "beauty queen".
Dubai claimed the world's first cloned camel, Injaz (achievement in Arabic), on April 8, 2009.
Kuwait Airways to resume New York flight
The destination is in high demand from business travelers, tourists.Two kinds of aircraft will be operated for the route.
The airways has resumed operations from various destinations.
RTA announces special buses for Expo 2020 Dubai
The RTA will operate 126 buses within Dubai, and 77 buses between Dubai and the other emirates, all so that...Dubai’s RTA will deploy 126 public buses for Expo 2020 Dubai visitors
Called Expo Rider, they will be free for visitors, and available from nine locations across Dubai
Saudi Arabia eyes investment opportunities from Germany
The Saudi Vision 2030 has unlocked investment opportunities worth SAR12 trillion (€2.7 trillion or $3.2 trillion).Germany is a key trade and investment partner for Saudi Arabia
It was the fourth-largest source of imports to the kingdom in 2020
DGCX, Zimbabwe exchange ink pact
DGCX will extend technical support and skills to VFEX.The aim of the agreement is to establish an international commodities exchange in Zimbabwe.
The one-year agreement was signed during the visit of a high-level Zimbabwean ministerial delegation.
Dubai Chamber members’ exports, re-exports reach $40 bn
Surge in trade activity in Dubai has lifted the value of exports, re-exports.58,154 certificates of origin issued by Dubai Chamber in August 2021.
Outside of the GCC, Egypt was the largest export market as member exports to the country.
