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
Syrian President’s first foreign trip to Saudi Arabia signals Syria’s shift away from Iran’s influence.
Syrian President Ahmed al-Sharaa met Saudi Crown Prince Mohammed bin Salman in Riyadh, marking his first foreign visit and signaling...
Geostrategy
Arts & Culture
India slider at ‘gold’ price in Dubai
The dish sees the vada filled with truffle butter and cheese, stuffed in a bun, and served with sweet-potato fries...
- However, according to the Instagram post the restaurant shared, the dish costs AED99 (around $27 or almost INR2,000)
- Vada pav typically costs anywhere between INR20 and INR40 on the streets of Mumbai, where it originated
Geostrategy
Tunisia plants seeds of hope to fight climate change
Farmers in the North African nation are turning to the past by planting indigenous seeds at a time of drought,...
- Traditional seeds come from a genetic heritage best suited to the environment.
- Wheat varieties developed in the 1980s are being blighted by disease in Tunisia, but farmers say that traditional varieties appear to be more resistant.
Geostrategy
North African sun offers green hope but state role key
Blessed with year-round sunshine, North Africa has enormous potential for solar energy, but the huge investment and state subsidies required...
- Egypt has made solar power a priority in its quest to source 42 percent of its electricity from renewables by 2035.
- Rabat sells its green energy at a loss with the generating costs double the price it is sold at to the national grid.
Business
UAE to cut fuel prices from September 1
The United Arab Emirates will slash prices of petrol and diesel from September 1 amid the easing of Covid pandemic...
- Fuel committee announces latest price adjustments
- Fuel prices have been up for the past several months
Business
Abu Dhabi bourse to cut trading commissions by 50%
The Abu Dhabi Securities Exchange (ADX) has cut its trading commissions by 50%, and will extend its trading hours by...
- The trading fees will be reduced to 0.025% from 0.05% from September 1
- The trading hours extension should bring ADX into line with the operating hours of many exchanges globally
Geostrategy
Israeli PM promises ‘new spirit’ in Biden meeting
Israeli Prime Minister is meeting with the US President at the White House
- Israeli Prime Minister is meeting with the US President at the White House
- He told reporters ahead of his first state visit that Biden was "an old and true friend of the State of Israel."
Business
Saudi Arabia remains China’s top crude supplier
Although its supply of crude oil fell ten percent on the month, Saudi Arabia still continued to be China’s top...
- Shipments from Saudi Arabia, according to media reports, totaled 6.69 million metric tons in July, or 1.58 million bpd, compared with June's 1.75 million barrels per day
- Imports from Russia were 6.64 million metric tons last month, or about 1.56 million bpd, versus 1.62 million bpd in June
Investigation
Mergers, acquisitions in GCC up during pandemic
Expanding regional and global footprints, high revenues, cheap capital to invest and diversification key factors that hastened the merger processes.
- An active merger and acquisitions market indicates a buoyant stock and credit markets.
- M&A activity will persist through 2021, with a focus on certain sectors.
Geostrategy
Fuel tank blast kills 20 as Lebanon struggles to cope with oil demand
The cause of the explosion was not immediately clear. Lebanon, hit by a financial crisis branded by the World Bank...
- Lebanese Red Cross said on Twitter its teams transported 20 bodies and more than seven injured to hospitals.
- The country is facing soaring poverty, a plummeting currency and shortages of basic items like medicine.
Economy
Lebanon leaders, central bank lock horns over fuel subsidies
In a country suffering from one of the worst economic crises in the world, this could effectively raise prices for...
- The central bank on Wednesday ended subsidies on imported fuel, and instead offered importers a line of credit
- Caretaker Prime Minister Hassan Diab said the move ‘contravenes the law’
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
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
Company News
ADQ buys stake in Plenary Group
Business
Latest News
Dubai welcomes record 9.31m international overnight visitors in H1
Dubai, UAE -- Dubai welcomed 9.31 million international overnight visitors from January to June 2024, a 9 percent increase over...
Business
In fuel-guzzling Saudi Arabia, electric cars pique interest
Riyadh, Saudi Arabia -- For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings, especially since his...
Business
Saudi ministry, Red Sea Authority to boost coastal tourism
Riyadh, Saudi Arabia -- The Saudi Red Sea Authority, in cooperation with the Ministry of Tourism, has launched the "Seas...
Business
Most Read
Geostrategy
Israeli settlers beat foreign volunteers in occupied West Bank
Nablus, Palestinian Territories -- Israeli settlers on Sunday attacked a group of foreign volunteers helping Palestinian farmers in the occupied West...
- Eight mainly American volunteers were working with the farmers in an olive grove near the Palestinian village of Qusra when settlers came after them, said David Hummel, an American
- "They started attacking and beating us all with sticks and metal pipes and they were throwing rocks as well at us," he said.
Geostrategy
Iraq to import electricity from Turkey for northern provinces
Baghdad, Iraq -- Iraq said Sunday a new power line will bring electricity from Turkey to its northern provinces as authorities...
- Decades of war have left Iraq's infrastructure in a pitiful state, with power cuts worsening the blistering summer when temperatures often reach 50 Celsius (122 Fahrenheit).
- Many households have just a few hours of mains electricity per day, and those who can afford it use private generators to keep fridges and air conditioners running.
Geostrategy
Palestinians hail ICJ ruling calling Israeli occupation illegal
Jerusalem: The Palestinian leadership hailed as "historic" Friday a ruling by the top UN court that Israel's occupation of the...
- The office of Palestinian president Mahmud Abbas said it welcomed the "historic decision and demands that Israel be compelled to implement it."
- The Hague-based court found that Israel was "under an obligation to cease immediately all new settlement activities and to evacuate all settlers" from occupied land.