Four space station crew members leave for Earth
WASHINGTON, US – Four astronauts left the International Space Station on Monday and were bound for Earth following a more than...
Geostrategy
Amman Chamber of Industry exports for January-February 2024 reaches $1.3bn
AMMAN, JORDAN - Amman Chamber of Industry (ACI) exports amounted to US$1.3 billion (JD926 million) during the last two months...
Business
Geostrategy
COP28 President Designate meets with key US government officials
WASHINGTON DC, US - UAE Minister of Industry and Advanced Technology and COP28 President Designate Dr. Sultan bin Ahmed Al...
- The UAE minister discussed multilateral development bank reform as weel as an update on recent US climate policy action.
- They discussed the need to invest in global clean energy supply chains, and the role of the US-UAE Partnership for Accelerating Clean Energy.
Geostrategy
Poor states’ summit promised just US$1.4bn, says UN
DOHA, QATAR - Just US$1.4 billion in new loans and grants were promised at a UN summit devoted to the world's...
- The Doha meetings saw Saudi Arabia offer $800 million in loans to Least Developed Countries.
- Qatar said it would give $60 million for UN projects and Canada $59 million for vitamin supplements in LDCs.
Market Report
Global stocks mixed as markets await US jobs data
Wall Street rose but European stock markets fell as investors brace for US jobs data that they fear could prompt...
- The US Federal Reserve raised rates by a quarter basis point in December, lower than previous decisions.
- European wholesale natural gas prices dived to the lowest level since August 2021, due to high storage levels.
Geostrategy
Grain deal not being implemented properly, says Russia
MOSCOW, RUSSIA - Russian Foreign Minister Sergei Lavrov said Thursday that extending a deal that allowed grain exports from Ukraine to...
- Russia's military intervention saw Ukraine's Black Sea ports blocked by warships until a deal was reached for the export of grains.
- The UN and Turkey-brokered deal will automatically renew on March 18 unless Russia or Ukraine object.
Economy
US interest rate likely to rise, says Federal Reserve head
US interest rates will likely peak at a higher level than previously anticipated due to economic data that came in...
- The US central bank has raised its benchmark lending rate eight times since early last year.
- US job gains had surged unexpectedly in January while unemployment slipped to its lowest rate in more than five decades.
Arts & Culture
UAE shares view at first G20 Culture Working Group meeting
ABU DHABI, UAEÂ - UAE Ministry of Culture and Youth (MCY) participated in the First G20 Culture Working Group (CWG)...
- G20 members, invited countries and international organizations attended the meetings of the Culture Working Group.
- The meeting discussed the challenges and opportunities in the cultural ecosystem on a global scale.
Science
UNÂ moves towards real-time tracking of greenhouse gases
The UN announced that it had taken a significant step towards trying to fill a key gap in the fight...
- The three major greenhouses gases are carbon dioxide, methane and nitrous oxide.
- Of those, CO2 accounts for around 66 percent of the warming effect on the climate.
Geostrategy
International Justice Conference begins in Saudi Arabia
RIYADH, SAUDI ARABIA - Saudi Justice Minister Dr. Walid Al-Samaani inaugurated the International Conference on Justice here on Sunday.Several ministers,...
- Over 4,000 persons and 50 international speakers took part in the justice conference in Saudi Arabia.
- The conference aims to facilitate access to justice through digital innovation, judicial technology and enrich legal culture.
Economy
Saudi ranks first in technical, vocational education enrollment
Riyadh, Saudi Arabia-- Saudi Arabia ranked first globally on the Global Knowledge Index 2022 in the percentage of students enrolled...
- The Index is issued by Mohammed bin Rashid Al Maktoum Knowledge Foundation in collaboration with United Nations Development Program.
- It provides reliable data to help countries and decision makers to understand and face the real transformations and challenges.
Economy
UAE keen on new technologies, says minister at Raisina Dialogue 2023
NEW DELHI, INDIA - UAE Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications Omar Sultan Al...
- Representatives from over 100 countries, including ministers, military commanders, captains of the Industry, participated in Raisina Dialogue 2023.
- The UAE is keen on sharing knowledge, experience and success stories by participating in international conferences.
Four space station crew members leave for Earth
WASHINGTON, US – Four astronauts left the International Space Station on Monday and were bound for Earth following a more than...
Geostrategy
Company News
Latest News
Fertiglobe Q3 revenue of $525m
Business
UN resolution urges more aid for Gaza as death toll rises
Fighting between Israel and Hamas in Gaza raged as the UN Security Council approved a much-delayed resolution to boost aid...
Geostrategy
EU reaches agreement on reforming bloc’s migration laws
Spain, which chaired the lengthy negotiations in its role holding the EU presidency, said on X, formerly Twitter: "A political...
Oil prices rise following Red Sea attacks
Oil prices shot up three percent as more companies suspended shipping through the Red Sea following attacks on vessels by...
Market Report
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Geostrategy
Moroccan officials questioned in EU graft probe
BRUSSELS, BELGIUM - Several Moroccan officials have been questioned as part of a high-profile investigation into alleged bribery by the north...
- The interviews in Morocco were conducted by local authorities in the presence of Belgian investigators.
- The questionings were the first in the country since Brussels launched a sprawling graft probe in 2022.
Geostrategy
UK shoots down ‘suspected’ drone attack in Red Sea
London, UK - A UK destroyer has brought down a suspected attack drone in the Red Sea, defense minister Grant Shapps...
- Britain announced last month that it was sending HMS Diamond, one of its most advanced naval vessels, to the Gulf to shore up its presence in the region.
- The deployment followed the outbreak of conflict between Israel and Hamas and the seizure of an Israeli-linked cargo vessel by Iranian-backed Yemeni Houthi rebels
COP28 UAE
IEA boss says COP28 bid farewell to fossil fuels
PARIS, FRANCE - While the UN's COP28 climate summit marked a pivot moment, when the world pledged to say "goodbye" to...
- It gave an unmistakable signal to investors that if you continue to invest in fossil fuels you may well have serious business risks
- It gives a signal to the investors for clean energy that they may be more profitable than many people now believe they are.