GCC vows more cooperation to boost education
The regional panel, during its fourth meeting in Riyadh, reviews the implementation of the strategic plan to improve educational institutions...
Lebanon MPs fail for sixth time to elect president
Lebanese lawmakers failed for a sixth time to elect a successor to former president Michel Aoun, whose mandate expired last...
Geostrategy
Economy
Sterling rises with UK finance minister set to unveil spending plans
Jeremy Hunt was put in place on Friday after Prime Minister Liz Truss sacked Kwasi Kwarteng as she battles to...
- The pound held above $1.12, having sunk Friday owing to the uncertainty in Westminster, while a news conference by Truss did very little to reassure nervous investors
- Bonds also rallied on the first day without the Bank of England support put in place in response to turmoil caused by Kwarteng's mini-budget
Iranian jet fighter crashes, three killed, reports state TV
Jet fighter crashed in a residential area of the northwestern city of Tabriz.
- Jet fighter crashed in a residential area of the northwestern city of Tabriz
- The head of the local Red Crescent said the jet smashed into a school
Business
Proof of Covid-19 vaccination, PCR test needed to enter Expo Dubai
Expo 2020 visitors will need a coronavirus vaccination or a negative PCR test to enter, organisers in Dubai has said....
- PCR tests will be free for ticket-holders with a 'network' of testing centres available across the city
- The Expo site will have mandatory masks, two-metre social distancing rules and sanitisation stations
Business
Truckmaker Scania pauses production over chip shortage
This week's suspension is Scania's first since the coronavirus pandemic forced a production halt in April 2020
- This week's suspension is Scania's first since the coronavirus pandemic forced a production halt in April 2020
- "It's a difficult period and too many things are pointing in the wrong direction," Scania spokeswoman Karin Hallstan told AFP
Business
Emirates to provide extra baggage for Lebanon-bound customers
Customers can avail the additional baggage allowance for travel booked on emirates.com, Emirates sales offices, via travel agents as well...
- Customers can avail the additional baggage allowance for travel booked on emirates.com, Emirates sales offices, via travel agents as well as online travel agents
- The baggage allowance applies to both inbound and outbound travel from Beirut
Business
UK moves UAE from red list to amber, eyes boost in travel sector
The UK government announced on Thursday that the UAE will be moved from the red to the amber list, as...
- The UK government's announcement comes as the situation in the country has improved
- The country remains committed to opening up international travel safely, says official
Etihad: Flight ban from India, Pakistan may stretch beyond Aug 7
Etihad extends suspension of passenger travel from India, Pakistan, Bangladesh, Sri Lanka from Aug 2 to Aug 7.
- Etihad extends suspension of passenger travel from four South Asian countries from Aug 2 to Aug 7.
- Emirates said on Friday it was reviewing plans to resume flights from India, Pakistan from Aug 8.
Dubai RTA got $723m in revenues via digital platforms in 2020
The RTA’s Director-General Mattar Mohammed Al Tayer said this revenue came from just the authority’s e-payment portal and smart kiosks.
- The number of digital transactions reached 527.146 million throughout 2020
- The number of registered users on digital platforms hit 2.162 million, and the number of smart-app downloads was 6.136 million
Dubai realty sales: Apartment in Marsa sold for $110m
88 plots of land sold for AED 620.22 million, and 1,135 apartments and villas were sold for AED 2.27 billion.
- 88 plots of land sold for AED 620.22 million, and 1,135 apartments and villas were sold for AED 2.27 billion
- The highest number of sales worth AED 66.09 million were recorded in Nad Al Shiba
Kuwait records realty deals worth $1.3 billion in June
Al Ahmadi Governorate accounted for 67.7 percent of the 1,271 deals, followed by Hawalli and Jahra governorates.
- Al Ahmadi Governorate accounted for 67.7 percent of the 1,271 deals followed by Hawalli.
- The value of real estate transactions in June 2020 was only KD77 million.
GCC vows more cooperation to boost education
The regional panel, during its fourth meeting in Riyadh, reviews the implementation of the strategic plan to improve educational institutions...
Company News
Latest News
US backs two-state solution in call to Palestinian leader
US Secretary of State Anthony Blinken reaffirmed Washington's commitment to a two-state solution to the Israeli-Palestinian conflict in a phone...
Geostrategy
Iranians stage new protest actions despite crackdown
Iranian students protested and shopkeepers went on strike despite a widening crackdown, according to reports on social media, as demonstrations...
Geostrategy
COP27 must shift from talk to action says UN climate chief
The upcoming COP27 climate summit in Egypt must mark a leap from the process of hammering out a treaty to...
Science
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Geostrategy
Europe could face gas shortage next year, says IEA
Europe must act immediately to prevent a shortage of natural gas next year as Russia slashes deliveries in the wake...
- IEA Executive Director Fatih Birol said he would hold talks on Friday with several European governments.
- He said that Europe needs to take immediate action to avoid risks of natural gas shortage next year.
Geostrategy
Europe’s gas storage reserves now at over 90 percent
With prices falling and ports clogged with liquefied natural gas tankers, fears of a winter heating crisis in Europe have...
- Spanish gas regulator Enagas says the backlog at ports is expected to last at least until this week.
- Europe has made efforts to fill its storage facilities to reduce dependence on Russian gas and sought alternative suppliers.
Geostrategy
Russia suspends participation in Ukraine grain deal
Russia suspended its participation in a pact that allowed grain exports from Ukraine, blaming alleged drone attacks on Russian ships...
- The Turkey and UN-brokered deal to unlock grain exports signed between Russia and Ukraine in July is critical to easing the global food crisis caused by the conflict.
- Russia had recently criticized the deal, saying its own grain exports have suffered due to Western sanctions.