Rotana announces the soft opening of Dar Rayhaan in Saudi Arabia
Abu Dhabi, UAE – Rotana, one of the leading hotel management companies in the region with over 100 properties in...
Business
Sheikh Hamdan praises ADNOC’s efforts in using AI in production process
ABU DHABI, UAE - Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region, said that under the...
Business
Business
Interpol sends out red notice for Terra crypto founder
Nearly a month after a South Korean court issued an arrest warrant for Do Kwon, a cryptocurrency founder, Interpol has...
- On Twitter, Kwon denied that he was on the run but did not reveal his whereabouts
- Kwon's Terra/Luna system disintegrated in May, with the price of both tokens plummeting to near zero, and the fallout hitting the wider crypto market
Arts & Culture
Deeply divisive Monroe biopic ‘Blonde’ hits Netflix
While there is almost universal praise for the visceral lead performance by Ana de Armas, critics cannot agree whether the...
- While there is almost universal praise for the visceral lead performance by Ana de Armas, critics cannot agree whether the nearly three-hour film is an artistic tour de force
- For ID magazine, "Blonde" is "guttural, instinctive, anguished filmmaking that bends space, time, and every cinematic tool at its disposal in service of attaining emotional truth."
Business
Sure Global to list on Nomu
The Saudi tech firm has set the price at $19 per share.
- The company has reached an agreement with its shareholders to allocate 1.284 million shares, representing 25 percent of its capital, to offer and sell in the market
- It received approval from the Capital Market Authority on June 30 for its registration to trade on Nomu
Business
Porsche, luxury carmaker with storied history
The Porsche-Piech family are the main shareholders of the Volkswagen group, and have roots in Germany's auto industry stretching back...
- Porsche made waves at the Frankfurt international motor show in 1963 when it unveiled a new car with a six-cylinder engine
- Volkswagen, the parent company of Porsche, has launched a well-publicised drive to dump combustion engines
Business
Netflix and Disney+ to launch ad-supported subscription
Netflix and Disney+ will launch an ad-supported subscription in the coming weeks thus biting into the revenue of traditional television...
- Netflix is expected to launch an ad-supported subscription tier in early November, about a month before rival Disney+ does the same
- Disney+ will transition its existing $7.99-per-month subscription tier to the ad-supported version, and the ad-free option will go for $10.99
Business
German chancellor says Qatar rights improving
Applauding Qatar's rights record, Germany's Chancellor Olaf Scholz said that the gas-rich country has made progress on "questions that have...
- Qatar says that much of the criticism is unfair and that major reforms have changed conditions for hundreds of thousands of migrant workers
- German supporters' groups have criticized Qatar but the national football federation has rejected calls to boycott the event, pointing to reforms carried out in the past few years
Geostrategy
Jordan PM meets Iraqi, Syrian, Lebanese agriculture ministers
Jordan Prime Minister Dr. Bisher Khasawneh has a joint meeting with the agriculture ministers of Iraq, Syria and Lebanon.
- The Jordan PM stressed the importance of the four countries' cooperation to enhance sustainable food security.
- The PM said COVID-19 pandemic and Ukraine war have affected basic commodities supply chains.
Business
Sudan seeks investment from Qatari private sector in various sectors
Doha, Qatar - Qatar Chamber explored, with the Ruler of Darfur region in Sudan, investment cooperation and enhancing the role...
- Ruler of Darfur Region in Sudan, Minni Arko Minawi and Qatar Chamber First Vice-Chairman Mohamed bin Twar Al Kuwary discussed investment prospects.
- Arko Minawi said that the region is rife with a host of investment opportunities in various sectors such as mining and infrastructure.
Videos
Gender bias in MENA workforce raises concerns
The latest study on Diversity, Equality and Inclusion sheds light on the diversity gap in the region while offering solutions.
- Middle East – IMA and IFAC recently release DEI report: "Diversifying Accounting Talent in the MENA region: A Critical Imperative to Achieve Transformational Outcomes”.
- The study focuses primarily on gender, nationality, and ability within the MENA region, assessing deeply rooted issues inhibiting DEI progress within the accounting profession.
Business
Sharjah Chambers discusses credit report, score for SMEs
The Sharjah Chamber of Commerce and Industry (SCCI) has hosted a webinar in cooperation with Al Etihad Credit Bureau (AECP)...
- The webinar discussed various topics including the comprehensive credit protection solutions provided by Al Etihad Credit Bureau.
- The credit protection solutions help companies improve risk management and make the right decisions when interacting with customers.
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Rotana announces the soft opening of Dar Rayhaan in Saudi Arabia
Abu Dhabi, UAE – Rotana, one of the leading hotel management companies in the region with over 100 properties in...
Business
Company News
Latest News
Request for qualification issued for 3700MW Saudi solar projects
Riyadh, Saudi Arabia -- The Saudi Power Procurement Company (SPPC) has released request for qualification (RFQ) for the fifth round...
Business
Dubai Land Department calls for engaging accredited valuation offices
DUBAI, UAE – The Dubai Land Department (DLD) is committed to providing property owners with easily accessible resources to reinforce...
Business
Burgan Bank Sells 52% stake
The stake in its Turkish subsidiary BBT was sold to Rawabi Holding.
Business
Most Read
Geostrategy
Turkey halts joint-energy projects with Israel over Gaza war
Dubai, UAE-- Turkey has suspended joint-energy projects with Israel over the latter's invasion and bombardment of the Gaza Strip, according...
- The Turkish energy minister said that it would be "inappropriate" to talk about the implementation of projects with Israel under such conditions
- Israel has blocked access to water, food, and electricity in Gaza, plunging the coastal area into a humanitarian crisis as the death toll crosses 11,000
Economy
Saudi Arabia boosts ‘investment relations’ with African countries
Riyadh, Saudi Arabia-- Saudi Arabia's Ministry of Investment has held a number of roundtable meetings with several African countries on...
- Saudi Arabia signed a memorandum of understanding with Mauritania to encourage investment flows between the two countries
- The kingdom also took steps to enhance economic ties with Chad and Somalia, enabling the private sector to benefit from opportunities
Economy
UAE exhorts UNESCO members to join COP28 ‘climate efforts’
Paris, France-- The UAE has made a fervent appeal to members of the United Nations Educational, Scientific and Cultural Organization...
- The minister made the remarks at the 42nd session of the General Conference of UNESCO General Policy Debate, held in the UNESCO headquarters in Paris
- He underscored the UAE's efforts in the field of environmental sustainability and its keenness to enable learners and equip them for the “digital age we live in”