Expo Centre Sharjah gives peek into its plan to attract new exhibitors
Sharjah, UAE--Expo Centre Sharjah (ECS) has unveiled its future projects and forthcoming initiatives to develop and enhance the exhibitions sector...
Business
Global football stars choose Red Sea destination for holiday
TABUK, SAUDI ARABIA – A few days ago, the Red Sea destination hosted several international football stars from Saudi Pro...
Business
Business
Bahrain announces ban on single-use plastic bags from Sept. 19
Bahrain has announced a ban, effective from September 19, on selling, manufacturing, circulating and importing single-use plastic bags, which are...
- The ministry said the ban would apply on selling, manufacturing, circulating and importing single-use plastic bags, which are less than 35 microns in thickness.
- Industry minister Al Zayani said that the ministry held stakeholder engagement sessions especially with the private sector through the Bahrain Chamber of Commerce and Industry.
Business
Qatar Development Bank investments in SMEs exceed $27 million
For the first time, direct investments supervised by Qatar Development Bank in SMEs has exceeded QR 100 million ($27 million)....
- The total amount of direct and indirect investments in the bank’s portfolio has reached QR 220 million.
- The Bank held the 4th edition of the Investment Forum, in which it launched the first investment platform of its kind in the State of Qatar.
Business
Saudi Arabia to host Global Cybersecurity Forum in November
The National Cybersecurity Authority is organizing the annual event under the theme Rethinking the Global Cyber Order.
- Over two days, experts from around the world are expected to gather to address the most pressing issues facing the cyberspace
- These include the evolving international order in cyberspace, the state of cybersecurity threats, and the solutions to threats
‘Bleed us dry’: Why tech platforms are facing rebellions
Tech platforms create walled gardens where buyers and sellers are protected from cybercriminals and fraudsters, and standards of quality are...
- Etsy, Uber, and food-delivery outfits operated 'highly ambiguous' systems that allowed 'complete ownership and surveillance power over their clients'
- In one case of pushback, 10,000 sellers on Etsy closed their online shops for a week from April 11, in what was effectively a strike
Yemen capital’s first commercial flight since 2016 postponed
Hours before the flight, the airline said on its Facebook page that "it has not yet received operating permits," and...
- The airport in Yemen was hoping to receive the commercial aircraft on Sunday morning after seven years of war
- The halt on Yemen's commercial flights prevented sick civilians from seeking urgent medical treatment in foreign countries
Analysis
Should you invest in Metaverse real estate?
The economic opportunities and jobs created by the Metaverse will revolutionize how we work, socialize, play, and earn, says Sebastien...
- Revenues from the Metaverse are estimated to grow to $800 billion in 2024
- Metaverse plot prices rose from $100 in January 2021 to $15,000 in December 2021
Business
Fintech giant Stripe allows Twitter stars earn cryptocurrency
Online payments giant Stripe on Friday said it will start letting Twitter stars get paid in a dollar-pegged form of...
- Stripe said in a blog post that it is eager to expand the option to other online platforms
- The company will do the behind-the-scenes work to enable a "select group" of popular Twitter figures to get paid
Business
UAE and KSA stock markets remain flat this week
Against the backdrop of mounting concerns about the supply of crude oil, the stock markets in Saudi Arabia and the...
- The Saudi Tadawul stock exchange ended the week with a loss, after a three-week period of considerable gains in the month of April
- Aramex's stock helped the Dubai index end the week with high results, while crude oil prices dragged down the gains in Abu Dhabi
Business
EU to bring in law requiring Big Tech to remove harmful content
The European Union early Saturday finalized new legislation to require Big Tech to remove harmful content, the bloc's latest move...
- The Digital Services Act (DSA) aims to ensure tougher consequences for platforms and websites that host a long list of banned content ranging from hate speech to disinformation
- EU officials and parliamentarians finally reached agreement at talks in Brussels early Saturday on the legislation
Business
Tanker that sank off Tunisia was empty: Ministry
The Equatorial Guinea-flagged Xelo was thought to have been carrying 750 tons of diesel when it went down en route...
- The Equatorial Guinea-flagged Xelo was thought to have been carrying 750 tons of diesel when it went down en route between Egypt and Malta on Saturday
- The ship’s seven crew members were banned from leaving the country for two weeks, pending the outcome of the probe
Expo Centre Sharjah gives peek into its plan to attract new exhibitors
Sharjah, UAE--Expo Centre Sharjah (ECS) has unveiled its future projects and forthcoming initiatives to develop and enhance the exhibitions sector...
Business
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Business
Circular economy is a critical pathway to build sustainable future: Almheiri
Dubai, UAE-- Terming the circular economy as a critical pathway that builds a sustainable future by preserving natural resources, reducing...
Economy
Qatar becomes an important global event destination
"Qatar Tourism takes pride in organizing and hosting successful exhibitions across diverse sectors. These events underscore Qatar's capacity to harness...
Business
Dubai’s weeklong real estate transactions exceed US$2.5bn
DUBAI, UAE - A total of 1,445 real estate transactions worth over US$2.5 billion (AED 9.5 billion) were conducted during...
Business
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Economy
El Nino forced sugar price to hit 13-year high in September, says FAO
Paris, France - Global sugar prices soared to their highest level in almost 13 years in September as the El Nino...
- While world food prices steadied as a whole last month, the FAO's Sugar Price Index jumped by 9.8 percent compared to August.
- El Nino, a climate pattern, is typically associated with warming ocean surface temperatures in the central and eastern tropical Pacific Ocean.
Business
Aramco’s Luberef resumes bitumen exports after 20 years
RIYADH, SAUDI ARABIA - King Fahad Industrial Port has successfully shipped 5,500 tons of bitumen to South Africa onboard bulk...
- King Fahad Industrial Port has successfully shipped 5,500 tons of bitumen to South Africa making it the first cargo of oil byproduct from Yanbu-based hub.
- This reflects Mawani’s step to position the ports sector as a vehicle to fulfil Vision 2030’s ambition of transforming the Kingdom into a logistics hub.
Geostrategy
Saudi Arabia to enhance air connectivity to over 250 destinations by 2030
RIO DE JANEIRO, BRAZIL - A delegation led by President of the General Authority of Civil Aviation (GACA) Abdulaziz bin...
- The Kingdom plans on carrying 330 million passengers annually and raising freight capacity to 4.5 million tons by 2030.
- Saudi Arabia and the Dominican Republic also signed agreements on air transport services between the two countries.