AI’s impact on jobs, technology’s touchy topic sparks unease
New York, United States - "Stop Hiring Humans" read a provocative sign at an AI conference in Las Vegas, where...
Business
West Bank eviction film ‘No Other Land’ wins best documentary Oscar
Jerusalem -- No Other Land, a documentary about Israeli settlement in the occupied West Bank, has won the best documentary award...
Arts & Culture
Business
Saudi Arabia receives investment of $2bn in cloud computing
In the last two years, Saudi Arabia has attracted more than $2 billion in investments in cloud computing according to...
- Saudi Arabia has implemented several initiatives to attract more foreign investments and encourage non Saudi companies including startups to invest in the Kingdom
- Many international companies announced plans to move their headquarters to Riyadh for investment opportunities
Arts & Culture
Byzantine church comes back to life in Gaza
The remains of a fifth century Byzantine church were unveiled in Gaza on Monday following a three-year restoration project, with...
- The remains of a church and monastery were first discovered in Jabalia, a city in northern Gaza, in 1997 over an area spanning roughly 800 square meters
- The church floor is adorned with what Hamas officials described as "rare" mosaics, including depictions of animals, hunting scenes and palm trees
Business
Istanbul airport closes down as snowstorm hits region
Europe's busiest airport shut down in Istanbul while schools and vaccination centers closed in Athens as a rare snowstorm blanketed...
- The closure of Istanbul Airport affected flights stretching from the Middle East and Africa to Europe and Asia
- it dealt a major headache for the 16 million residents of Turkey's largest city, which ground to an effective halt
Business
Israel okays UAE joint fund for high-tech investment
The Israel government has approved the plan for a joint fund with the UAE for investment in high-tech firms and...
- The proposal was brought to the government by Israel’s Minister of Foreign Affairs of the State Yair Lapid
- It was co-sponsored by the country’s Minister of Foreign Affairs of the State Orit Farkash Hacohen
Geostrategy
UAE and UN commit to achieve Sustainable Development Goals
The UAE and the UN have committed to further enhance collective international action to achieve the UN Sustainable Development Goals.
- The resolve was expressed in a meeting between Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, and Amina Mohammed, Deputy Secretary-General of the UN
- The two sides also reviewed Expo 2020 Dubai's hosting of the Global Goals Week in cooperation with the UN
Economy
Students struggle as Lebanon crisis cripples university sector
University expenses are now beyond the reach of most Lebanese students, with their country in the throes of a financial,...
- University expenses are now beyond the reach of most Lebanese students, with their country in the throes of a financial, political and health crisis that has ravaged its economy
- The national currency has lost more than 95 percent of its value on the black market, and the minimum wage of 675,000 pounds is worth little more than $20
Mohammed bin Rashid oversees swearing-in of judges
Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai and Vice President and Prime Minister of the UAE, has presided...
- The ceremony saw five first instance court judges and judicial inspectors taking the oath
- Also attending were Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, Sheikh Ahmed bin Saeed Al Maktoum, Chairman ofCivil Aviation
Business
DEWA presses into service 1310 power stations in Dubai
Dubai Electricity and Water Authority (DEWA) has pressed into service 1,310 new 11 kv power distribution stations across Dubai in...
- This is part of its efforts to provide a state-of-the-art infrastructure that keeps pace with growing demand and meets customer needs
- DEWA continues its efforts to conduct its work according to set plans, while implementing all the precautionary measures to limit the spread of COVID-19
Economy
Saudi foreign currency reserves take a 2% dip in December
Foreign currency reserves of Saudi Arabia dipped nearly two percent in December, according to preliminary data shared by the Saudi...
- Foreign currency reserves declined to SR1.61 trillion ($429.5 billion) from SR1.64 trillion in November
- The preliminary release does not provide any further breakdown of total foreign currency reserves
Science
UAE hosts a conference of Arab ministers of higher education
The UAE is hosting the 19th Conference of Arab Ministers of Higher Education and Scientific Research, which is organized by...
- The conference aims to enhance Arab cooperation in the field of higher education and scientific research, to achieve development, progress and sustainability of knowledge
- Dr. Hamad Al Yahyai, Assistant Undersecretary of Curriculum and Assessment Sector at the Ministry of Education, stressed that hosting the 19th conference enhances the UAE’s stature
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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
AI’s impact on jobs, technology’s touchy topic sparks unease
New York, United States - "Stop Hiring Humans" read a provocative sign at an AI conference in Las Vegas, where...
Business
Company News
IHC Q1 net profit $2.17bn
Business
Latest News
Bangaldesh Nobel winner Yunus ready to lead after Hasina flees
Dhaka, Bangladesh -- Bangladesh Nobel winner Muhammad Yunus said Tuesday he is ready to head a caretaker government, a day after...
Geostrategy
Abu Dhabi to host Loop CEE travel fair for first time in Middle East
Abu Dhabi, UAE -- The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and Miral will host...
Business
G7 foreign ministers met by videoconference over Mideast: Italy
Rome, Italy -- G7 foreign ministers met by videoconference Sunday to discuss the Middle East and expressed "strong concern" over the...
Geostrategy
Most Read
Geostrategy
Thousands bid farewell to Ismail Haniyeh in Qatari capital
Haniyeh was laid to rest in Lusail, north of the capital Doha, following funeral prayers at the Gulf emirate's largest mosque...
- "In this moment, I buried my soul under the dirt and I departed. I departed with all the pain of the world in my ribs," she captioned the video uploaded on X.
- Mourners earlier on Friday lined up inside Imam Muhammad bin Abdul Wahhab Mosque, where Haniyeh's casket, draped in a Palestinian flag, was briefly carried in.
Geostrategy
Iran, allies ready Israel response as funerals held for Haniyeh, Shukr
Hezbollah chief Hassan Nasrallah, addressing the funeral of the Lebanese group's top military commander, said Israel and "those who are...
- The international community has called for calm and a focus on securing a ceasefire in the Gaza Strip -- which Haniyeh had accused Israel of obstructing.
- The prime minister of key ceasefire broker Qatar said Haniyeh's killing had thrown the whole Gaza war mediation process into doubt.
Business
British Petroleum to develop four new oil and gas fields in Iraq
Baghdad, Iraq -- Iraq signed an agreement with British energy giant British Petroleum on Thursday to develop four oil and gas...
- BP is one of the biggest foreign players in Iraq's oil sector, with a history of producing oil in the country dating back to the 1920s when it was still under British mandate.
- According to the World Bank, Iraq has 145 billion barrels of proven oil reserves -- among the largest in the world -- amounting to 96 years' worth of production at the current rate