- The deal includes the purchase of three Dakar submarines, the first of which will be delivered to the Israeli navy...
Negotiations on the deal were delayed and complicated by a suspected corruption affair involving Israel's last purchase of German submarines
An alleged massive bribing scheme in Israel's 2012 deal to buy Thyssenkrupp submarines implicated several big fish in the country’s power structure
- The Cabinet has approved a decision to restructure the Board of Directors of the Securities and Commodities Authority, under the...
The decision will help the Authority in promoting the performance of the financial markets in the country.
The revamped Board will consolidate the UAE’s stature and its global leadership in this field, the authority says
- Chairman of Kuwait Chamber of Commerce and Industry (KCCI) Mohammad Al-Saqer called for more bilateral efforts to achieve the desired...
Chairman of Kuwait Chamber of Commerce and Industry (KCCI) Mohammad Al-Saqer called for more bilateral efforts to achieve the desired economic goals
On ongoing economic and political developments in the Kingdom, Al-Saqer noted that the Kingdom is an ideal example to follow
- GCC Secretary-General Naif Falah Al-Hajraf with the chairman of the Board of Directors of the FGCCC, Samir Abdullah Nas.
The GCC chief has stressed the importance of building a distinctive integrative trade and investment base
The base is expected to complete the requirements of the GCC joint market and develop GCC inter-trade relations
- Hackers seized data of more than 515,000 extremely vulnerable people.
The International Committee of the Red Cross said the hackers targeted an external company in Switzerland that it contracts to store data
There was no evidence so far that the compromised information had been leaked or put in the public domain
- The selected creators will be able to sell subscriptions.
Social media users whose posts draw large audiences help platforms from Twitch and YouTube to TikTok and Instagram generate revenue
The selected creators will be able to sell subscriptions for access to exclusive content, including live streams
- On Tuesday, both AT&T and Verizon agreed to scale back the launch of 5G near airports following an outcry from...
A handful of international carriers removed flights to the United States from their schedules Wednesday
However, there were no mass cancelations and some of those companies said they planned to resume service on Thursday
- A young population, increased user spending, robust govt backing for games and e-sports and new players are poised to push...
Around half of the Middle East's population is reported to be under the age of 25, and electronic games constitute an integral component of their entertainment.
Saudi Arabia, the UAE, and Egypt attained a total gaming revenue of US$1.76 billion in 2021.
- The project is also part of DEWA’s initiative to develop the area to meet its social, economic, and environmental needs.
The plant’s production capacity is set to reach 250 megawatts (MW) with a storage capacity of 1,500 megawatt-hours and a lifespan of up to 80 years
This is the first of its kind in the Gulf region, with investments of around AED1.421 billion ($0.39billion)





















