Saudi Arabia extends online services to help foreign firms set up regional hqrs in kingdom
Riyadh, Saudi Arabia - Saudi Arabia's Ministry of Commerce has announced the provision of online services for foreign companies looking...
Economy
Energy transition led Saudi Arabia to halt oil expansion, says official
RIYADH, SAUDI ARABIA – The Kingdom's surprise decision to halt a planned expansion of its oil production capacity reflects ambitions to...
Business
$2.3 billion of realty deals in four emirates in Q1 2021
The deals are a sign that the worst is over and smart recovery is picking up
Cyprus votes amid anger over graft scandal
With over 27 percent of the vote, conservative DISY remained the largest force in parliament
ADX lists US$1 billion Abu Dhabi Ports bonds
The company is planning $4.2 billion in investment in next 5 years
Philippines wants close cooperation with UAE to achieve food security: Minister
Philippines minister Ramon Lopez said UAE investors are encouraged to explore agribusiness and agriculture in his country Filipinos constitute the...
Turkey and Greece to take steps to improve economic ties
Tensions between the two flared last year over a maritime jurisdiction in the Mediterranean
Dubai crown prince: Industries emirate’s driving force for productivity, growth
Dubai Industries & Exports to play a key role in making the emirate a hub for future industries, attracting...
UAE, Uzbekistan sign agreement to implement humanitarian projects
Completion of work on a women and children's hospital in the Uzbek city Nukus part of the...
Passengers are back on flights as Dubai International Airport is named busiest in May
The airport kicked out London Heathrow from the top spot
Creator economy lights up business world, but not enough to outshine brand sponsorships
68.1 percent of US adult influencers identified brand collaborations as generating the most income for their business
Omani Sultan offers jobs to pacify protests
Sultan Haitham ordered the creation of 32000 job opportunities, 12000 of them in the government sector
Saudi Arabia extends online services to help foreign firms set up regional hqrs in kingdom
Riyadh, Saudi Arabia - Saudi Arabia's Ministry of Commerce has announced the provision of online services for foreign companies looking...
Economy
Company News
Accenture to cut 19,000 jobs
Business
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MBRSC, e& enterprise ink MoU
Business
Saudi Arabia announces international conference on Sudan aid
Saudi Arabia announced that it would jointly lead a conference on the humanitarian response to the war in Sudan next...
Geostrategy
Stock markets rise globally on cooling US inflation
Stock markets jumped after data showed US inflation slowed further in May, raising hopes the Federal Reserve will pause its...
Business

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Geostrategy
UN calls on Libya to treat migrants, asylum seekers with dignity
War-torn Libya is regularly criticised for its handling of migrants, with rights groups alleging horrific treatment by smuggling gangs and...
- Libyan authorities have arrested thousands of men, women and children from the streets and their homes or following raids on alleged traffickers' camps
- Libyan authorities must grant United Nations agencies and aid organizations "unimpeded access to detainees in need of urgent protection", UNSMIL added
Economy
UN working to renew Ukraine grain export deal
That crucial accord granting safe passage for Ukrainian grain to be exported via Black Sea ports despite Moscow's invasion was...
- Grain deal helped alleviate food shortages triggered by the Russian invasion of Ukraine, a major grain exporter, and its blockade of Ukrainian ports
- The resumption of Russia's ammonia exports through the pipeline is one of Moscow's conditions to continue with the grain export deal
Economy
UAE’s MoHRE extends deadline for companies to meet Emiratisation targets
Dubai, UAE-- The UAE'S Ministry of Human Resources and Emiratisation (MoHRE) has extended the deadline for private sector to hire...
- The ministry said the decision to give companies more time to reach their targets to hire Emiratis was taken by taking into account the Eid holidays
- MoHRE has warned companies in the private sector that non-compliance with the decision will invite a fine of AED42,000 for each Emirati not employed

