MODON attracts US$34m investment to develop military industry in Saudi Arabia
RIYADH, SAUDI ARABIA - The Saudi Authority for Industrial Cities and Technology Zones (MODON) has attracted new investments worth US$34...Business
Jordan, Tunisia to enhance trade, investment relations
AMMAN, JORDAN - The Chairman of the Amman Chamber of Commerce Khalil Haj Tawfiq has called on Jordanian and Tunisian...Business Economy Geostrategy
Abu Dhabi Maritime to control ferry services functioning in Emirates
The organization is integrating the Ferry Operations Branch of the Integrated Transport Center under the scope of its services.The move will see Abu Dhabi Maritime manage and oversee the daily operation of the emirate’s two major ferry lines
The organization will also drive the development of several key business areas associated with ferry operations
UAE deputy PM attends ‘Arab Gulf Security 3’ exercise in KSA
Deputy Prime Minister and Minister of the Interior of the UAE Lt. General Sheikh Saif bin Zayed Al Nahyan attended...Participants in the exercise implemented security scenarios in detail, which has proven the success of this joint GCC mobilization
Increasing the level of coordination, readiness, and preparedness among security forces were also discussed in the exercise
Dubai Academic Health Corporation embarks on four-pronged future plan
The Dubai Academic Health Corporation has agreed on four bases as a part of its strategic plans and future goals....The four bases of the strategy are Care, Learning, Discovery, and Giving and Stewardship.
The strategy was discussed at the fourth Board of Directors meeting of the Dubai Academic Health Corporation.
UAE and Australia discuss ways to strengthen bilateral relations
The deliberations were held during a meeting between Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International...Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with David Hurley, the Governor-General of Australia, at Expo 2020 Dubai.
The two sides reviewed Australia's participation in Expo 2020 Dubai and the role played by this international event.
Eight biggest GCC sovereign wealth funds
Sovereign wealth funds across the world invest trillions of dollars into real estate, bonds and other assets. TRENDS takes a...More than $1.3 trillion of funds are managed by some of the biggest sovereign wealth funds in the GCC.
These funds invest in global real estate, financial assets, bonds and private equities.
Jazeera airways to buy 28 Airbus aircraft for $3.4bn
Jazeera Airways of Kuwait has placed an order for 28 Airbus aircraft worth $3.4 billion, according to media reports.The airline also signed another agreement to purchase two aircraft engines with an accumulated worth of $32.3 million to aid the firm’s operations
The airline said that while there is no current financial impact on its operations, both agreements are anticipated to bring about a positive impact on the corporation
Spend a night under stars in these trendy Dubai destinations
Overnight camping is one of the popular activities people indulge in during winters in Dubai. The city has several unique...Glamping or glamorous camping at the Damani Lodges or Sedr Trailers are exquisite options for a mountain escape, with barbecues and starry skies.
Expo 2020 Lake is a must-visit destination for those looking for a camping adventure in the middle of the desert.
SACC picks board heads
It has also formed several panels that will function for three years.The SACC has said Mohammed Abdulaziz Al Sarhan, an independent member, has been appointed chairman of the Board of Directors
It also announced the appointment of Raed Ibraheem Al Mudaiheem, another independent member, as the Vice-Chairman of the board
Dubai sees weeklong real estate transactions worth $1.33bn
This was the result of a total of 1,724 transactions, according to figures released by the Dubai Land Department.A total of 139 plots were sold for AED784.14 million ($213.52 million) in Dubai
In addition, 1,172 apartments and villas were sold for AED2.73 billion ($743.36 million)
Fun sector: Leisure puts UAE economy at ease
Estimations by the Middle East and North Africa Attraction and Leisure Council (MENALAC) put the number of leisure centers in...The leisure and entertainment sector in the UAE is considered to be one of the most dynamic markets in MENA
Around 400 leisure centers operate in the UAE, employing more than15,000 workers
