WTO launches US$50m fund for women entrepreneurs in developing countries
ABU DHABI, UAE - The director general of the World Trade Organization, Ngozi Okonjo-Iweala, on Sunday launched a $50 million fund...Business Economy Geostrategy Global
Global challenges hit M&A activity in Middle East, GCC
Sovereign Wealth Funds emerge as pivotal players, driving economic diversification and strategic cross-border partnerships, says Riccardo Molinari of Bain &...Business Markets
Demolitions in Jeddah cause anguish in residents
The Saudi doctor still had 15 years left on the loan he used to build his family's "dream" home in...The operation was part of a $20-billion clearance and construction project that stands to displace half-a-million people in Saudi Arabia's second city
Paused for the Muslim holy month of Ramadan, the demolitions are expected to pick up again in May
Ajman Chamber certificates of origin rise by 29 percent in 2021
The total number of certificates of origin issued by the Ajman Chamber of Commerce and Industry (ACCI) during 2021 increased...The products of ships and boats ranked first in the exports from Ajman, while fish products came in the second rank.
Ajman's exports to the top 10 countries during 2021 constituted about 65 percent of the total value of exported goods.
MENA region saw $2.88bn startup investment in 2021: Report
The report also claimed that the value of early-stage deals for startups in the region doubled from 2020 to 2021.Startups based in the UAE attracted the highest value and number of investment deals in 2021
Saudi Arabia continued to hold the second position in value of deals, followed by Egypt and Jordan
Iconic GCC TOP CEO event in May
The event, along with the Arab Women Forum, will be held at Palazzo Versace, Dubai, on May 17 and 18,...Arab Women Forum, a platform to discuss achievements and share solutions for the women leaders of the region, is also making a comeback along with TOP CEO Conference and Awards
The TOP CEO awards are based on the rankings of all GCC-listed companies based on financial performance, size of a company, and corporate governance
Despite unrest, it’s business before politics in West Bank town
Violence may rage elsewhere, but it's business before politics in the occupied West Bank town of Nilin where Palestinian merchants...Nilin is no stranger to the realities of occupation -- a number of the town's residents have been killed in past clashes with Israeli forces
The Jewish state's separation barrier cuts through its western edge, and Israeli settlements, regarded as illegal under international law, dominate the surrounding hilltops
Booking volumes up 195% YoY for Eid, says dnata Travel
The top five most-booked destinations this year so far with dnata Travel include the Maldives, the UAE itself, Turkey, Mauritius,...This year, 65 percent of UAE travelers opted for worldwide destinations, while 35 percent chose staycations, according to dnata
This is compared to 68 percent of travelers booking UAE staycations and 32 percent seeking international holidays in 2021
TA’ZIZ, Reliance ink pact
TA’ZIZ taps Indian conglomerate for Ruwais project.Reliance is India’s largest diversified conglomerate and a strategic partner with Abu Dhabi National Oil Company
The formal shareholder agreement was signed by senior executives during a visit of Mukesh Ambani, Chairman and Managing Director of Reliance
Free speech or hate speech? Fears for Musk’s Twitter
Elon Musk describes himself as a "free-speech absolutist," leaving rights groups fearful that Twitter will provide a forum for hate...Civil activists are worried that means Musk, 50, will allow banned extremists back to the platform
Like other social media networks, Twitter has struggled against disinformation, bullying and hate-fuelled content
Saudi Arabia lifts ban on poultry and eggs from Denmark
Saudi Arabia had stopped the imports as reports of avian influenza, or bird flu, emerged from across the world.Food products have a significant role in Denmark’s economy
Two-thirds of his country’s exports are mainly food products
Russia boycott echoes in UAE retail market
Chanel stores in the UAE reportedly refused to sell products to Russian customers unless they signed a document committing not...Russian influencers have complained of experiencing ‘Russophobia’ by global brands but refuse to comment on the issue
The UAE's anti-discriminatory and anti-hatred law clearly provides a solid legislative ground for the environment of tolerance, co-existence, and acceptance
