Trump touts tariffs, mass deportations and NATO skepticism
In his first formal television interview -- and just six weeks before he takes office -- Trump again signaled that...
Geostrategy
Bitcoin passes $100,000 mark for first time, outshining wavering stock markets
Donald Trump, who has vowed to make the US the 'bitcoin and cryptocurrency capital of the world' wrote 'Congratulations Bitcoiners...You're...
Business
Business
Villas, apartments form major chunk of $598m Dubai realty deals Tuesday
Dubai, UAE---Dubai real estate market recorded realty deals worth AED2.2 billion ($598 million) on Tuesday, according to the data by...
- The deals include 544 sales transactions worth AED1.64 billion, in addition to 78 mortgage deals of AED590.54 million.
- Residential properties in the UAE remain a top priority for international real estate investors.
Business
ADNIC 9M net profit $72m
Net investment and other income reached AED93.8m.
- Sheikh Mohamed bin Saif Al-Nahyan, Chairman of ADNIC, said ADNIC's gross written premiums growing by 32.4 percent to AED4.29 billion.
- "The performance was driven by robust growth in the commercial division of 50.7 percent, and stable growth in consumer lines of 10 percent," he said.
Geostrategy
Arab nations to hold economic development summit every four years
Dubbed the 'Arab Development Summit', it may be hosted by the Cairo-based Arab League.
- Dubbed the 'Arab Development Summit', it may be hosted by the Cairo-based Arab League
- An extraordinary session, attended by leaders and heads of state, may be held "when necessary, a statement read
Queen Rania calls for ‘mindful use’ of technology at Web Summit in Portugal
She made her remarks while delivering a keynote speech at the Web Summit in Lisbon, Portugal during a sessios titled...
- She made her remarks while delivering a keynote speech at the Web Summit in Lisbon, Portugal during a session titled "Battling Built-In Biases."
- Other speakers included Sir Martin Sorrell, world-renowned author Naom Chomsky, Brad Smith of Microsoft, and the President of Portugal, Marcelo Rebelo de Sousa
Economy
GCC trade with Asia grows, diversifies as the two regions warm up relations with frequent talks, visits
Several factors are at play when it comes to strengthening relations between GCC and Asian countries. TRENDS looks at all...
- Several factors are at play when it comes to strengthening relations between GCC and Asian countries. TRENDS looks at all of them and gives them a perspective
- COVID-19 inevitably reduced trade volumes, but the outlook for further growth remains strong and trade between the two regions is likely to hit $480bn by 2030
Geostrategy
COP27: Time to move from negotiations and planning to implementation of promises and pledges
At COP26 countries agreed to deliver stronger commitments this year, including updated national plans with more ambitious targets. However, only...
- At COP27, the participant countries are expected to show how they are planning to implement the Glasgow pact call and review their climate plans
- The COP27 Presidency also expects nations to capture and assess their progress toward enhancing resilience and helping the most vulnerable communities
Geostrategy
Ben-Gvir, Israel’s powerful extreme-right leader
Elected to parliament in April 2021, Ben-Gvir heads the Jewish Power party and has spent years campaigning for the extreme...
- With his round glasses and white kippa placed crookedly atop his greying hair, 46-year-old Ben-Gvir presents an affable figure
- But to his detractors, the lawyer turned lawmaker is a pyromaniac whose politics threaten to set the country ablaze
Economy
Reviewed: Strategies to promote wellbeing in the UAE
She was attending the Government Network Meeting of Happiness and Well-being CEOs, which seeks to align the efforts, initiatives and...
- The meeting reviewed the healthy wellbeing strategy plan which included several initiatives aimed at enhancing well-being governance and improve health
- The strategic plan focuses on a set of programs that promote a healthy well-being of the UAE residents in line with the National Well-being Strategy 2031
Business
Equal fee for India’s men and women cricketers
Match fees are however separate from annual pay packets -- there will still be enormous differences between what men and...
- Board of Control for Cricket in India (BCCI) secretary Jay Shah said, "We are implementing pay-equity policy for our contracted @BCCIWomen cricketers."
- Shah said that men and women players will now get 1.5 million rupees ($18,000) for each Test, 600,000 rupees for one-day internationals and 300,000 rupees for T20 internationals.
Business
Saudi energy minister blasts release of oil reserves ‘to manipulate markets’, warns of ‘painful’ times
"People are depleting their emergency stocks ... its profound purpose was to mitigate the shortage of supply," says Prince Abdulaziz...
- Prince Abdulaziz did not single out the US, but last week US President Joe Biden announced he was putting the final 15 million barrels on the market.
- That tranche was to complete a 180-million-barrel release authorized in the spring, in response to price hikes linked to Russia's invasion of Ukraine.
Trump touts tariffs, mass deportations and NATO skepticism
In his first formal television interview -- and just six weeks before he takes office -- Trump again signaled that...
Geostrategy
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ADQ buys stake in Plenary Group
Business
Dubai-based rowers brave Arctic this July to highlight plastics pollution
At an indoor pool in Dubai, three rowers battle artificial rain and simulated waves as they train for an Arctic...
Science
80 percent of Gazans now displaced: UN humanitarian coordinator
United Nations, United States --The UN humanitarian coordinator for Gaza said Tuesday that 1.9 million people -- 80 percent of the...
Geostrategy
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Geostrategy
Israel issues new Gaza evacuation orders, many Palestinians flee
Hundreds of thousands had already left Rafah ahead of and during a ground offensive launched by Israeli troops on the...
- The attack was claimed by the armed wing of the Palestinian group Islamic Jihad. Israel had already staged air strikes in Rafah on Monday.
- "Fear and extreme anxiety have gripped people after the evacuation order," said Bani Suhaila resident Ahmad Najjar. "There is a large displacement of residents."
Geostrategy
Short fuses in Egypt as blackouts stretch into sweltering summer
Cairo, Egypt -- At least once a day, the hum of every fan, air conditioner and fridge across Egypt goes quiet....
- A decade ago, Egypt faced similar power cuts, which helped fuel popular discontent and protests against the short-lived presidency of late Mohamed Morsi.
- The present-day blackouts come as Egyptians face the worst economic crisis of their lives, with inflation and currency devaluations shredding savings and leaving families strugglin
Geostrategy
Israel carrier says Turkish workers refused to refuel plane
Jerusalem, Undefined -- Israel's national carrier El Al said Sunday its Warsaw to Tel Aviv flight was not allowed to refuel...
- The plane then took off to Rhodes in Greece where "it will refuel before taking off to Israel", the airline said.
- Relations between Turkey and Israel have deteriorated since the war in Gaza broke out on October 7, with all direct flights between the two countries cancelled since.