US hits back at accounts Iran moved enriched uranium before bombing
Trump, seeking credit for ordering military action and then quickly announcing a ceasefire between Israel and Iran, has lashed out...
Geostrategy
Turkey’s 5,000-year-old bread finds new life
Round and flat like a pancake, 12 centimeters (five inches) in diameter, the bread was discovered during excavations at Kulluoba,...
Arts & Culture
Economy
Qatar posts budget surplus of $8bn in third quarter
Doha, Qatar - Qatar posted a budget surplus of QR 30 billion ($8 billion) for the third quarter of 2022,...
- Total revenues for this quarter amounted to $22 billion, of which $21 billion came from oil and gas
- Total expenditures in the quarter amounted to $14 billion, of which $4 billion was spent on salaries and wages
Business
BEEAH inks three-way pact
The three firms will produce fuel cell grade hydrogen from waste.
- The three firms will form a consortium that will advance progress on the Middle East’s first waste to hydrogen plant, located in Sharjah.
- The plans for the plant include an on-site green hydrogen dispensing station capable of fuelling several vehicles.
Business
DEWA receives 29 EOIs for first phase of desalination project at Hassyan
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has received 29 expressions of interest (EOIs) to implement the first...
- This is the first project implemented by DEWA using the Independent Water Producer model, which will run in phases during 2025 and 2026.
- The firm uses clean solar power to desalinate seawater using the latest Reverse Osmosis technologies, which consume less energy.
Economy
World Cup victory over Spain makes Morocco the ‘pride’ of Arab fans
Doha, Qatar— Thousands of Morocco fans descended on the streets of Doha to celebrate their country becoming the first Arab...
- The victory over Spain became a celebration of "Arab pride" for supporters from across the region
- Saudis, Qataris and Egyptians joined the celebrations, waving their countries' flags in the traditional market as police gathered around the edge
Economy
Turkey inflation slows for first time since 2021: official
According to a respected monthly study released by independent economists from Turkey's ENAG research institute, the annual rate of consumer...
- The rate slowed to 84.39 percent, according to state statistics agency TUIK, down from 85.51 percent in October
- Turkey's inflation has steadily risen since reaching a low of 16.6 percent in May 2021
Science
Indonesia villagers race to escape eruption as sky turns black
LUMAJANG, INDONESIA - Thousands of villagers living near Indonesia's Mount Semeru were racing for refuge Sunday to the wail of...
- Locals fled on motorbikes sometimes three at a time as a mushroom cloud of ash approached and monsoon rains lashed the area in East Java.
- Indonesian authorities raised their alert level for the volcano to its highest after the crater spewed hot ash a mile into the sky.
Geostrategy
Iran rapper Toomaj Salehi could face death penalty: Judiciary
Tehran, Iran---An Iranian rapper who expressed support for anti-regime protests is charged with "corruption on earth" and could face the...
- A US-based rights group had tweeted on Saturday that Toomaj Salehi's trial had begun "without a lawyer of his choice", and his family said his "life is at serious risk".
- Iran's judiciary says more than 2,000 people have been charged since the start of the protests. Salehi is among a number of prominent figures detained.
Asian federation chief dismisses criticism of Qatar’s rights record
The AFC chief lavished praise on the Gulf country's organisation of the tournament."The organisation is luminous, the environment is positive,"...
- AFC chief Sheikh Salman bin Ibrahim Al-Khalifa launched a sharp attack on Qatar's critics
- L1, Asian Football Confederation, business, World Cup host, Qatar, human rights record, Gulf, tournament.
Business
Global intellectual property filings reached new records in 2021: WIPO
The latest data shows “continued and sustained growth” in intellectual property filings, “driven largely by increases from Asia.
- The latest data shows “continued and sustained growth” in intellectual property filings, “driven largely by increases from Asia
- Up by 5.5 percent, China and India showed strong growth in local patent filings along with South Korea, which jumped 2.5 percent
Business
Qatar eyes investments ahead of FIFA World Cup
"We seek to boost long-term partnerships between local and foreign investors to enhance added values and the knowledge transfer, to...
- The Qatar Free Zones Authority is intensifying cooperation with all concerned agencies in the country to make the FIFA World Cup Qatar 2022 a success, says official
- Qatar seeks to boost long-term partnerships between local and foreign investors to enhance added values and boost the economic diversification objectives, he adds
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
US hits back at accounts Iran moved enriched uranium before bombing
Trump, seeking credit for ordering military action and then quickly announcing a ceasefire between Israel and Iran, has lashed out...
Geostrategy
Company News
Latest News
Gaza rescuers say Israeli strike on house kills 11, including children
"We have recovered the bodies of 11 martyrs, including four children and three women, after an Israeli warplane hit a...
Geostrategy
GACA and Volar to build UAE’s first Green Aviation Technology Center
Montreal, Canada -- The General Civil Aviation Authority (GACA) and Volar Air Mobility have signed a Memorandum of Understanding (MoU)...
Business
Stock markets rise, gold hits record high as US rate cut nears
More data this week suggesting the Federal Reserve was winning the battle against inflation provided an extra kick for global...
Business
Most Read
Business
Dubai tourism shines: 25 percent repeat visitors, rising AI use
Dubai, UAE -- Dubai Corporation for Tourism and Commerce Marketing (DCTCM) has confirmed that 25 percent of visitors to Dubai...
- The high return rate is a proof that visitors are happy with what we offer them, said Issam Kazim, CEO of DCTCM.
- He added that the use of artificial intelligence can remove daily routine tasks and allow individuals to focus on the most important work.
Business
Rightmove rejects £5.6bn Murdoch bid
The property website said the bid was undervalued.
- REA made public its interest in Rightmove on September 2, noting "clear similarities" between the pair "in terms of their leading market positions in the core residential business"
- Sector-watchers said REA could be attracted by the prospect of more interest-rate cuts in Britain which would lower mortgage costs for buyers.
Business
UAE banking sector assets exceed $1.16 trillion by the end of June
Abu Dhabi, UAE -- The Central Bank of the UAE (CBUAE) revealed that total banking assets, including bank acceptance certificates,...
- The assents registered a month-on-month increase of 0.5 percent, compared to AED 4.28 trillion in May 2024.
- The total foreign assets of the Central Bank of the UAE exceeded the AED 770 billion barrier at the end of June, for the first time in its history.