Iran vows to respond if Iraq fails to disarm Kurdish rebels
Tehran, Iran - Iran on Monday warned Iraq that it would take action if Baghdad does not honor its commitment by...
Geostrategy
ABB to pay US$315m fine
Two affiliates of ABB pleaded guilty to bribery charges.
Investigation
Police rescues Egyptian boy from kidnappers
The Egyptian boy snatched from his mother by two masked men while buying grocery has been reunited with parents, after...
- Video footage captured the terrifying moment two men snatched an eight-year-old boy from his mother’s side on an Egyptian street and bundled into a car
- his desperate mother falling to the floor as she tried to stop her son’s captors from escaping
Investigation
16,000 held in five days for violating Saudi laws
In a wide crackdown against offenders violating various laws of the kingdom, Saudi Arabia has arrested 16,000 people for contravening...
- The authorities transferred 58,317 offenders to their respective diplomatic missions to obtain travel documents
- The Ministry of Interior said that whoever facilitates the entry of violators to the Kingdom, transports them or provides shelter or any other form of support will face imprisonmen
Investigation
Drugs seized at Dammam airport
Alert officials of the Zakat, Tax and Customs Authority at King Fahd International Airport in Dammam have seized more than...
- The authority said that smugglers are “seeking to exploit everything” to smuggle drugs into Saudi Arabia
- The authority said that smugglers are “seeking to exploit everything” to smuggle drugs into the Kingdom
Investigation
GCC seeks to tap green hydrogen demand
The GCC countries see hydrogen as a key factor in fuel transition and have drawn up plans to export green...
- UAE first in GCC to reduce emissions by 24 percent by 2030 and to 50 percent by 2050
- GCC countries have plenty of space, sunshine wind energy in some areas
Investigation
Saudi customs seize drugs at port
Alert officials of Saudi customs prevented an attempt to bring in contraband drugs into the kingdom at Jeddah Islamic Port,...
- The floor of the truck had been hollowed out to hide the pills in
- Two people who were due to receive the drugs were arrested
Saudi British Bank posts $245m net profit in Q2, year after big losses
A year after posting billions in losses, Saudi British Bank (SABB), an affiliate of HSBC Holdings, has posted a sizeable...
Arab economies to grow by 2.9% in 2021, 3.6% in 2022: Report
Uneven recovery is expected as eleven Arab countries will likely recover by the end of 2022, while the recovery path...
‘Potential hijack’ of ship off UAE coast: UK maritime security agency
The MarineTraffic website, which categorises the vessel as an asphalt and bitumen tanker, said it was travelling to Sohar, a...
Israel can ‘act alone’ against Iran after ship attack: Bennet
Bennett said Israel had shared intelligence with the United States, Britain and others also tying Iran to the attack.
UAE’s non-oil economy picks up in July, strongest in two years
Latest IHS Markit UAE PMI says firms hoped easing of COVID-19 restrictions and the Expo 2020 later this year would...
Iran vows to respond if Iraq fails to disarm Kurdish rebels
Tehran, Iran - Iran on Monday warned Iraq that it would take action if Baghdad does not honor its commitment by...
Geostrategy
Company News
Latest News
Marka: From a star UAE retailer to a bankrupt firm
Investigation
Solar switch may put off electricity crisis in Lebanon
Lebanon's energy industry sees a loss of up to $2bn every year as state treasury pays over $50bn in advances...
Investigation
Marka: From a star UAE retailer to a bankrupt firm
Flouting norms, massive mismanagement and lack of transparency and corporate governance have potential to take any company the Marka Holding...
Investigation
REVEALED: Billions of dollars missing from BDL
About US$7 billion is missing from Lebanese central bank’s 2020 balance sheet, data analysis by TRENDS suggests while highlighting weak...
Investigation
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Investigation
UAE prosecutors launch probe into Union Properties
The UAE prosecutors have begun an investigation into Union Properties, the Dubai-based real estate developer, after allegations arose of the...
- The prosecutors will also investigate accusations that the firm hid the name of the beneficiary of the sale
- The firm, Union Properties, known for building Dubai Motor City, has not reacted to the start of the investigation
Videos
10 worst passports in the Middle East
Which passports are among the worst in the Arab World? Know the details in this Explainer video created by TRENDS.
- Iraq, Syria, Yemen, Palestine and Libya figure in the list. But which one is at the bottom?
- Sudan, Lebanon, Jordan and Egypt are also listed, the latest Henley Passport Index highlights.
Investigation
Have Pandora papers jeopardized Lebanon aid?
The country is already reeling under the impact of its worst-ever economic crisis, shutting down of power stations due to...
- Offshore companies are legal and were established to reduce the tax burden on some companies that require foreign branches.
- Lebanon was first in terms of registering individual companies in tax havens, with nearly 3 million papers leaked.