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
‘Like family’: Japan’s virtual YouTubers make millions from fans
Mayu Iizuka sheds her soft-spoken personality and starts cackling, screaming and waving wildly in a makeshift studio in Tokyo as...The videos are designed to make fans feel they are interacting directly with their favourite animated idols
Most fans spend only $1 per comment, but the most dedicated sometimes splurge $400 to post impassioned missives to their virtual idols
UAE: Where sustainable shopping can be a way of life
If there is one country in the GCC where the idea of sustainable shopping can take off, it is the...what is sustainable shopping? It is a means in which you consume goods and services that considers the most efficient and beneficial options for all the species
“Go green!” they say. “Shop green!” “Think green!” they say. The color green is associated with sustainability.
Stocks slide in Asia and Europe, pound drops to two-year low
Asian and European stocks tanked Friday, accelerating a global selloff on fears over the impact of interest rate hikes that...The euro jumped to 85.77 pence, which was last seen late last year
Rate tightening increases borrowing costs for consumers and businesses, harming economic recovery from the pandemic
US FDA limits use of J&J Covid vaccine
The US said Thursday only adults who "have personal concerns" about mRNA vaccines, access issues or medical reasons for refusing...The vaccine, which was authorized as a single shot, is less protective than those developed by Pfizer and Moderna
Thursday's decision by the Food and Drug Administration builds on that recommendation by limiting the J&J vaccine's emergency use authorization
Saudi Arabia, Azerbaijan sign MoU to boost accounting services
The MoU aims to enhance cooperation between the two countries in the areas of financial auditing and performance control.For Saudi Arabia, the MoU was signed by Saudi General Bureau for Auditing president Hossam bin Abdul Mohsen Al-Angari
The other signatory was Vugar Gulmammadov, chairman of the Chamber of Accounts of Azerbaijan
Xbox makes Fortnite free to play on phones
The popular battle royale title from Epic Games will be the first free-to-play game available through an Xbox Cloud Gaming...Fortnite's return to iPhones and iPads comes after it was booted from Apple's App Store for trying to bypass its payment system
Apple has clashed in court with Epic, which has accused the iPhone-maker of operating a monopoly of its App Store shop
Petrobras profits rise despite hurdles
Brazilian President Jair Bolsonaro has criticized it for rising fuel prices.Petrobras on Thursday reported a first-quarter net profit of 44.6 billion reais ($8.6 billion)
The result was 38 times more than the Q1 2021 result of 1.2 billion reais ($180 million)
Digital banks set to flourish in Saudi Arabia, UAE
Ongoing loan restructurings and the gradual withdrawal of pandemic-related support packages may put further pressure on asset quality. However, the...In November 2021, Saudi Central Bank (SAMA) Governor Fahd Al-Mubarak reportedly said that the Kingdom is going to license more digital banks.
UAE’s Emirates NBD, Mashreq and Commercial Bank of Dubai were among the first to offer digital-only services.
TINDER SWINDLER: When women fight back
Four years after being scammed by a conman, and three months after Netflix made the 'most-watched documentary' out of their...The docu-drama highlights the plight of three women who were scammed by a conman posing as a billionaire
More than 60 percent of victims of romance scams are women, according to the British police reporting center Action Fraud
Prince Alwaleed bin Talal now sees Musk as ‘excellent leader’ for Twitter
Saudi investor Prince Alwaleed bin Talal, who initially spurned Elon Musk’s bid for Twitter, agreed to roll his $1.89 billion...On April 14, Alwaleed opposed Musk’s buyout bid saying the price offered by him did not come close to the intrinsic value of Twitter given its growth prospects.
Alwaleed agreed to roll his $1.89 billion stake into the deal rather than cashing out.
