Abu Dhabi Judicial Department’s Auction App generated $925m in property sales
Abu Dhabi, UAE - Since its launch in June 2022 through mid-February 2024, the Abu Dhabi Judicial Department's (ADJD) Auction...Business
Mawani completes Red Sea Gateway Terminal at Jeddah Islamic Port
Riyadh, Saudi Arabia - The Saudi Ports Authority, Mawani, announced the completion of the Red Sea Gateway Terminal at Jeddah...Business Economy
UAE 51st National Day: Central Bank launches new 1000 dirham note
Abu Dhabi, UAE---The Central Bank of the UAE launched an AED-1000 denomination note as part of the country's 51st anniversary...Made of polymer and using innovative designs and advanced security features, the note is the fourth in the Third Issuance of the National Currency Project.
The new banknote will be available in Central Bank branches and ATMs in the first half of 2023.
Jazeera Airways expands to Tajikistan
A direct flight from Kuwait to Dushanbe will be operated.The route launches on December 29 and will be operated on Thursdays and Saturdays. Flights land at the Dushanbe International Airport.
The new route that connects pilgrims to Saudi Arabia besides offering a new travel destination for nature and adventurous culture seekers.
TotalEnergies cuts UK investment
Move comes UK imposes windfall tax on energy firms.Total will cut its North Sea investment by US$123 million in 2023 over windfall tax.
The move of windfall tax in last month's budget was aimed at helping fund support for British consumers hit by rocketing energy bills.
EU gives US$131 million to WHO Universal Health Coverage Partnership
GENEVA, SWITZERLAND - The World Health Organization (WHO) and the European Commission agreed on reinforcing a decade-long collaboration to accelerate...EU contribution will focus on strengthening health systems to make them more resilient and responsive to natural, climate or human-made disasters.
The partnership with WHO is a key deliverable of the new EU Global Health Strategy adopted by the European Commission.
OPEC set to stick or cut more amid plan to cap Russian oil price
LONDON, UNITED KINGDOM - Major oil producers are expected to stick to their current output strategy or even slash production...In October the OPEC+ agreed to reduce output by two million barrels per day (bpd) from November.
Since the October meeting, oil prices have been plummeting to their level of early 2022, far from the peaks above $130 a barrel in March
Dubai records over $1.3 billion in weeklong real estate transactions
Dubai, UAE---A total of 1,600 real estate transactions worth over AED4.8 billion ($1.3 billion) were conducted during the week ending...The DLD said that the emirate saw the sale of 176 plots for AED998.19 million, as well as 1,052 apartments and villas for AED 2.32 billion.
Jabal Ali First recorded the most transactions for this week with 81 sales worth AED285.43 million.
Musk kicks Kanye West off Twitter for ‘incitement to violence’Â
West has made a series of anti-Semitic comments recently, as the one-time titan of fashion and music appears to have...Just clarifying that his account is being suspended for incitement to violence, not an unflattering pic of me, Musk said in response to West's tweet.
West had shared a picture of a shirtless Musk getting sprayed with water, captioned: "Let's always remember this as my final tweet."
US company turns air pollution into fuel, bottles and dresses
The concoction includes billions of hungry bacteria, specialized to feed on polluted air -- the first step in a recycling...LanzaTech, which employs about 200 people, compares its carbon recycling technology to a brewery
To date, the company says it has kept 200,000 metric tons of carbon dioxide out of the atmosphere
Doha Souq abandons tradition to become World Cup party base
Qatar is hosting the first World Cup in an Arab nation, but the hosts along with fellow Arab states Tunisia...The market where locals drink coffee, buy spices, Arab robes, gold jewellery has become popular with fans
Crowds gather around a giant golden thumb sculpture in the market that has become a magnet for fans of winning teams
Eurozone’s unemployment drops to record low
The reading -- the lowest since Eurostat started compiling jobless figures in April 1998 -- was an indicator that the...Eurostat estimated that, for the entire 27-nation European Union, 12.95 million adults were unemployed in October
Younger people had the highest unemployment rate in the EU and its eurozone, at 15.1 percent and 15.0 percent respectively
