Dubai records $2.74 billion in weeklong real estate transactions
Dubai, UAE -- The real estate and properties transactions valued at 10.1 billion ($2.74 billion) in total during the week...Business
DEWA records 12.5 million digital transactions in 2023
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) announced that its customers conducted around 12.5 million digital transactions in...Business Energy
Qatar Airways stops Africa flights
It has stopped flights to South Africa, Zimbabwe, and Mozambique.The cities affected are Johannesburg, Cape Town, Durban, Harare, and Maputo
The restriction on travelers and flights will reportedly remain same until further notice from the WHO
Siemens lands UAE deal
This partnership is expected to support UAE Industry 4.0.The program, overseen by MoIAT and Siemens, will address a broad range of topics
The aim is to accelerate the transformation of the manufacturing sector towards industry 4.0 in the UAE
Saudi Arabia cancels maximum age for foreign pilgrims
Saudi Arabia has cancelled the maximum age limit of 50 years for all foreign pilgrims, as per local sources.The age limit for overseas pilgrims to perform Umrah was between 18-50
On average, 18.5 to 20 million people visit Saudi Arabia every year to perform Umrah
EFG Hermes of Egypt unveils new digital trading platform
EFG Hermes, the first universal bank in Egypt and the leading investment bank in Frontier Emerging Markets (FEM), has launched...It said the new application will feature a wider range of brokerage services, a fully digitized on-boarding process, a digital payment gateway and more
The app now also features a digital payment integration system powered by PayTabs Egypt, enabling users to process payments simply and efficiently
Saudi officials seize a big haul of drugs at border
Saudi officials of the Zakat, Tax and Customs Authority (ZATCA) have seized more than 2.1 million Captagon pills at Haditha...In the first attempt to smuggle in some 467,441 Captagon pills, the smuggler hid them in the cavity of one of the trucks coming through the point
The officials said that they have arrested 12 people in connection with the smuggling bid
Iran, Turkmenistan, Kazakhstan sign MoU on railway cooperation
The rail cooperation document was signed between the three countries on the sidelines of the summit of ECO member-states.The rail cooperation document was signed between the three countries on the sidelines of the summit of ECO member-states
The MoU stipulates that a joint working group be formed to oversee the growth of cargo passing through the transit route
Saudi index falls significantly while UAE market diverges
Stock exchanges in the GCC region saw quite a few ups and downs this week.The Saudi index faced a significant fall this week, the first since October 2020, due to military struggles with Yemen
With Al-Rajhi Bank missing 4.5 percent and Saudi Arabian National Bank dropping 3.7 percent, the Saudi index fell 2.7 percent on Monday
GCC region at the heart of the future of esports: GMIS
Hosted by the Global Esports Federation (GEF), the event was part of the GMIS Week that runs from 22 to...Hosted by the Global Esports Federation (GEF), the event was part of the GMIS Week that runs from 22 to 27 November at Expo 2020’s Dubai Exhibition Centre
Dr Khizer Kaderi, Member of the GEF Health & Wellness Commission, defined the metaverse as a confluence of physical and digital worlds
Apple’s iPhone prices bite in Turkey despite Black Friday
Persistent double-digit inflation and the weakness of the Turkish currency has eroded the purchasing power of Turkish consumers, leading to...The lira has lost 38 percent in value against the dollar since the start of 2021, surpassing 13 to the dollar at one point earlier this week
Certain Apple devices were 25 percent more expensive than usual on Friday -- with some increases worth more than the local minimum wage
Masdar to build Armenia’s largest solar plant on DFBOO basis
Masdar, a renewable energy company and a subsidiary of Mubadala Investment Company, will build a 200-megawatt solar photovoltaic (PV) plant...The plant will span over 500 hectares and will create a large number of direct and indirect jobs.
The project company will be 85 percent owned by Masdar and the rest by the Armenian National Interests Fund.
