KEZAD Group, Al Ghurair Group’s APT ink lease pact to set up manufacturing facility
ABU DHABI, UAE – Khalifa Economic Zones Abu Dhabi (KEZAD Group) and Al Ghurair Group subsidiary Automotive Precision Technology (APT)...
Business
Saudi Arabia’s Madinah, KAEC, Al-Ahsa join UNESCO global network of learning cities
RIYADH, SAUDI ARABIA - The United Nations Educational, Scientific and Cultural Organization has announced that the cities of Madinah, King...
Geostrategy
Geostrategy
Encrypted messaging app Signal hit by late Sunday outage
San Francisco: Encrypted instant messaging app Signal was hit by an outage late Sunday that interrupted services on the platform....
- Internet outage monitor DownDetector said users began reporting network problems late Sunday.
- Signal saw a surge in downloads earlier this year after WhatsApp tweaked its terms of service and sparked privacy concerns.
Economy
UN needs another $100trn for SDGs
The Force for Good initiative has said the UN has funding gap of $84-101 trillion in achieving the SDGs.
- The 17 SDGs are goals that the UN set forward in 2015, which would be accepted by all its members states, to build a better planet
- They include, but are not limited to goals like No Poverty, Zero Hunger, Good Health and Well Being, Quality Education, and Gender Equality
Research
SpaceX tourist crew whiz around Earth
Inspiration4 is the first orbital spaceflight with only private citizens aboard
- Inspiration4 is the first orbital spaceflight with only private citizens aboard
- The mission also brings the total number of humans currently in space to 14
Business
Price tag on the planet? Helping business value nature
Putting a monetary value on nature means that damaging resources such as breathable air and drinkable water becomes not just...
- Experts are divided on how to measure "natural capital", and some argue that it should not be done at all.
- As the IUCN World Conservation Congress kicks off in France on Friday, conservation of nature will remain an urgent question.
Economy
Developing countries to get $275bn of IMF reserves
Managing Director IMF Kristalina Georgieva said the largest allocation in history, about $650 billion in Special Drawing Rights, was a...
- The IMF's last SDR distribution came in 2009 when member countries received $250 billion in SDR reserves to help ease the global financial crisis.
- The possibility of a new trust is being explored, which could use channeled SDRs to help the most vulnerable countries with structural transformation.
Economy
No survivors in Turkey fire-fighting plane crash
The air tragedy came just as Turkey was gaining control over hundreds of wildfires that killed eight people and destroyed...
- The air tragedy came just as Turkey was gaining control over hundreds of wildfires that killed eight people and destroyed swathes of forest along the scenic southern coast
- Scientists believe such natural disasters are becoming more intense and frequent because of global warming caused by polluting emissions
Geostrategy
MENA connectedness ranking rising: Survey
The UAE is the highest ranked in the region, and the fourth country globally, in terms of overall global connectedness.
- Ranks third among the world’s seven regions and is well above the global average.
- UAE is the highest ranked in the region, and the fourth country globally, in terms of overall global connectedness.
Covid returns to China’s Wuhan: Global Delta variant woes mount
A resurgent virus has returned with a vengeance, buoyed by stalling vaccination rates and deadly new mutations.
Covid-19 has disrupted breastfeeding support services: WHO
Several countries report baby foods producers invoking unfounded fears that breastfeeding can transmit virus.
Over 700 migrants saved from Mediterranean this weekend
SOS Mediterranee said that its vessel, the Ocean Viking, had carried out six separate operations in international waters since Saturday
KEZAD Group, Al Ghurair Group’s APT ink lease pact to set up manufacturing facility
ABU DHABI, UAE – Khalifa Economic Zones Abu Dhabi (KEZAD Group) and Al Ghurair Group subsidiary Automotive Precision Technology (APT)...
Business
Company News
Latest News
Microsoft submits new Activision deal
A previous version of the acquisition deal was blocked.
Business
Did not hear any noise from global organizations on journalist Dugina’s death, says Russia
MOSCOW, RUSSIA - Russia still has not heard any reaction from international organizations regarding the assassination of journalist Darya Dugina...
Geostrategy
European stocks rise, China rate cut fails to ease worries
European stocks rebounded but Asian markets ended mixed after a Chinese rate cut failed to reassure investors. At midday, Paris...
Market Report

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Geostrategy
UAE takes part in G20 joint health-finance ministers meeting
GANDHINAGAR, INDIA - Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini and Assistant Minister of Foreign Affairs...
- The meeting discussed the progress made by the Joint Finance and Health Task Force (JFHTF) this year.
- The UAE participated in the three meetings that the Task Force held this year under the G20 Finance Track.
Geostrategy
WHO launches global initiative on digital health supported by G20 Presidency
GANDHINAGAR, INDIA - The World Health Organization (WHO) and the G20 India presidency announced a new Global Initiative on Digital...
- WHO serves as the secretariat for strategy implementation to fast-track digital health system transformation.
- The new Global Initiative on Digital Health is one of the key deliverables of India’s G20 Presidency.
Geostrategy
Iran president meets diplomat freed by Belgium in prisoner swap case
TEHRAN, IRAN - Iranian President Ebrahim Raisi has met with diplomat Assadollah Assadi, recently freed by Belgium in a high-profile prisoner...
- The Iranian diplomat was sentenced in Belgium to 20 years in prison for his role in a plot to blow up an Iranian opposition event in 2018 in Paris.
- The diplomat was liberated on May 26 in an Oman-mediated exchange that saw Iran releasing Belgian aid worker Olivier Vandecasteele.

