China Eastern Airlines to operate three weekly fights between Shanghai and Riyadh
Riyadh, Saudi Arabia - The Saudi Air Connectivity Program (ACP) and China Eastern Airlines have entered into a strategic partnership...Business
Lufthansa cabin crews to go on strike
The announcement came after the airline's record profits.Business
UAE looks to strengthen economic ties with Central Asian states
Dubai, UAE-- The UAE is keen to strengthen economic ties with the Central Asian states, which offer many investment opportunities.This...Dr. Thani bin Ahmed Al Zeyoudi said that the UAE was always exploring new markets, and the KazanForum provided a platform to meet with representatives of Central Asian nations
He held bilateral talks with several government ministers and officials, focusing on the current economic landscape, areas of mutual interest and opportunities for investment
Digital banking services use in UAE is now 100%: Bank federation chief
Dubai, UAE – UAE Banks Federation (UBF), the representative of UAE banks, revealed on Friday that the rate of digital...UAE ranks second globally in terms of customer confidence in banks at 84% in 2022, according to the annual index of the UAE Banks Federation
UAE leadership in digital banking is underpinned by the adoption of the Digital Transformation Strategy by the Central Bank of the UAE in 2022
GCC IT spending to hit $35.3bn despite economic woes
Global supply chain constraints and escalating inflation are unlikely to affect IT spending in the Middle East, Turkiye, and Africa...Global supply chain constraints and escalating inflation are unlikely to affect IT spending in the Middle East, Turkiye, and Africa region, which is set to reach US$233.8bn
Adoption of AI and blockchain in GCC is faster than in other regions as firms in the bloc transition from early stages of digital transformation to managing 'digital businesses'
MoFAIC, Burjeel Holdings ink MoU on healthcare services
ABU DHABI, UAE - UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) and Burjeel Holdings have signed a Memorandum...MoFAIC said that it seeks to enhance the quality of life via comprehensive and proactive health and therapeutic services.
Burjeel Holdings said their healthcare professionals are committed to ensuring the well-being of MoFAIC's employees.
Ajman Chamber, Belgium Embassy discuss trade opportunities
AJMAN, UAE - Chairman of the Ajman Chamber of Commerce and Industry (ACCI) Abdullah Al Muwaiji discussed trade and investment...The meeting aimed to strengthen economic ties and promote Ajman as an attractive investment destination.
The discussions focused on bilateral economic, trade investment relations, tourism, industry, trade, education, health.
$36m plot of land among $2.47bn Dubai weekly realty deals
Dubai, UAE -- A total of 3,105 real estate transactions worth AED9.1 billion ($2.47 billion) were conducted in Dubai during...The DLD report showed that 191 plots were sold for AED1.14 billion, and 2,284 apartments and villas were sold for AED6.03 billion.
Al Hebiah Fifth recorded the top transactions for this week with 54 sales worth AED185.13 million, followed by MADINAT HIND 4 with 34 sales worth AED50.26 million.
Masdar to develop 2GW of clean energy projects in Uzbekistan
Abu Dhabi, UAE -- Abu Dhabi Future Energy Company (Masdar) has signed an agreement with Uzbekistan’s Ministry of Energy (MoE)...Besides 2 gigawatts of solar and wind projects, 500 megawatt-hours of battery energy storage at multiple sites across the Central Asian country would also be developed.
Uzbekistan plans to achieve 7GW of solar and 5GW of wind capacity by the end of the decade. Masdar’s portfolio in Uzbekistan includes the largest wind farm in Central Asia.
Gaza beekeeper tends hives by restive border
With 45 percent unemployment in Gaza, according to the International Monetary Fund, Khoudair's bees provide her with a job.Despite the dangers, the frontier's farmland offers some of the only areas in Gaza's densely-populated urban environment suitable for beekeeping
With 45 percent unemployment in Gaza, according to the International Monetary Fund, Khoudair's bees provide her with a job
Foreign, joint investments in Saudi industrial sector reach $144bn
The investments this year account for 37 percent of the sector's total, and 17 percent of the total existing factories,...A spokesman of the ministry said in a statement that foreign investors had 930 factories in the kingdom, or 9 percent of the total with over SAR 71 billion investments.
The number of factories totaled 10,910 with over SAR 1.46 trillion in investments in the five-month period this year.
Elon Musk says Microsoft broke its rules for developers
Twitter called on Microsoft to identify all Twitter content that has been in its control during the past two years;...Microsoft stopped accessing Twitter data in April, opting not to pay fees Musk demanded developers pay for APIs that engage with the platform, according to the letter
Elon Musk, the billionaire boss of Twitter last month fired off a Tweet accusing Microsoft of illegally using Twitter data to train artificial intelligence, writing "lawsuit time"
