China discovers world’s largest metamorphic rock oilfield in Bohai Sea
BEIJING, CHINA – The China National Offshore Oil Corporation (CNOOC) has announced the recent discovery of the largest metamorphic rock...Business Economy Energy
Tech revolutionizes professional landscape for women
Women First Jobs offers tailored solutions for women in the UAE, overcoming societal norms and unequal access to opportunities, says...Business
S Korean Netflix hit ‘Extraordinary Attorney Woo’ sparks autism debate
The endearing "Extraordinary Attorney Woo", featuring a neurodivergent attorney, has been Netflix's most-watched non-English show for over a month, following...The 16-episode series follows a rookie lawyer whose condition helps her find brilliant solutions to legal conundrums but often leaves her socially isolated
In South Korea, some families of autistic people have described the show as pure "fantasy", saying her character is unrealistic
Saudi Central Bank updates its Regulatory Sandbox Framework
The bank took this step to promote the Regulatory Sandbox's involvement in the Financial Sector Development Program (FSDP), one of...The bank took this step to promote the Regulatory Sandbox's involvement in the Financial Sector Development Program (FSDP), one of the key objectives of the Saudi Vision 2030
The Central Bank pointed out that the updated framework of the Regulatory Sandbox is open for both local and international applicants
Taiba gives hotel contract to ACC
ACC won the $115m contract to build a hotel in Madinah.The hotel will feature two towers connected by a bridge at the upper level with public and dining areas
Taiba posted a profit of $14.97 million during H1 of 2022, wiping out losses of $4.02 million for the same period of last year
Jafza records 19% trade growth
The company overcomes the global economic headwinds.Complementing this growth was an 18.6 percent increase in the number of new companies registered in the free zone
More than 25 percent of the new companies registered in the free zone belonged to the retail and general trading segment
End of the road for New York’s horse-drawn carriages?
Opponents say the horses live in cramped conditions, are often malnourished and dehydrated, get spooked by cars en route to...Opponents say the horses live in cramped conditions, are often malnourished and dehydrated, get spooked by cars en route to the park
On Instagram, supermodel Bella Hadid urged lawmakers to pass Holden's legislation, calling the tourist rides "barbaric."
Oil tanker briefly shuts down Egypt’s Suez Canal
According to website Vessel Finder, the 250-meter-long, Singaporean-flagged tanker is headed for the Saudi port of Yanbu.A security source told media the Affinity V "ran aground in the Suez Canal at 19:15" (17:15 GMT)", adding that maritime traffic had been restored after "a short period of time"
Last year, super tanker Ever Given became wedged diagonally across the canal during a sandstorm, disrupting world trade for nearly a week
Trump social network unwelcome in Google store over moderation issues
The internet giant made the statement after the Trump camp argued that it didn't know why its social network app...The app breaks rules barring content that incites physical threats and violence, according to the tech firm
Truth Social would still be able to make its app available on its website or other online venues that don't involve Google's online shop
Microsoft to set up biggest cloud data center in Qatar
Microsoft will set up a new cloud data center in Qatar, creating 36,000 jobs and adding more than $18 billion...Many believe the Qatar operation would make the country more self-sufficient in information technology and speed up processing
Qatar, which will host this year's football World Cup, has been reaping record profits from its natural gas and oil in recent years, but has also been investing massively in divers
UAE’s 10 largest banks reap second quarter windfall
Banks in the UAE held a 22.4 percent market share of the assets in the Arab banking sector, followed by...The A&M research investigates size, liquidity, income, operating efficiency, risk, profitability, and capital of financial institutions.
A 19.5 percent rise in total interest income saw the banks post a net income growth of 24.4 percent.
Ashok Leyland bags 1,400-bus order
This is the company's biggest UAE order for school buses.The 55-seater Falcon bus and 32-seater Oyster bus - will be supplied from Ashok Leyland’s $50 million manufacturing facility in Ras Al Khaimah.
Most of the supplies will be made to Emirates Transport and STS Group, a statement from the company said.
