China retaliates with 84 percent tariffs on US products
Beijing, China -- China will impose 84 percent tariffs on US imports, up from 34 percent, the finance ministry said...
Business
Ukraine to propose sky, sea truce at US talks in Saudi: official
The talks on Tuesday will be the first Ukraine-US meeting since a White House blow-up between Zelensky and US President...
Geostrategy
Egypt to soon start work on Saudi power link project
Egypt and Saudi Arabia will soon launch the African country’s electrical interconnection project This will increase grid capacity to 2,000...
Egypt lends $9.87 billion in loans to low-income customers to own homes
More than 350,000 customers benefited from the scheme launched seven years ago The National Bank of Egypt topped banks...
EGA begins planting 10,000 mangroves in Jebel Ali Wildlife Sanctuary
It has partnered with the UAE-based Storey Group’s One Billion Tree-Planting Initiative for this Mangroves, which grow in tidal...
France to invest 3.8bn euros in Egypt projects
Egypt's public transport, renewable energy sectors among 9 other projects to receive investment With the billions in financing, Egypt has...
Prototype of new public transport system in Makkah inaugurated
400 buses to be part of the transport system aimed at easing access to the Grand Mosque and supporting economic...
UN body says global food supply to be strong in 2021
Trade flows continued to reach new highs during the ongoing pandemic At the global level, food and agricultural exports grew...
SNIC Insurance outsources health insurance to Health 360°
SNIC Insurance will outsource the management of its health insurance to Health 360 due to its international and regional partners...
Middle East Policy Council invites nomination for 40 Under 40 Awards
Nominations can be submitted in eight categories — government, education, academia/think tank, non-profit, journalism, arts and culture, and business The...
In North Africa, Moroccans most interested in second citizenship: UK firm
Caribbean nation of St Kitts and Nevis most popular destination for Moroccan nationals 3 million people of Moroccan descent...
GACA, Saudi Institute of Internal Auditors sign an agreement to implement performance quality assessment services
The deal will see the implementation of quality performance evaluation services for GACA’s internal audit department The move will...
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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
China retaliates with 84 percent tariffs on US products
Beijing, China -- China will impose 84 percent tariffs on US imports, up from 34 percent, the finance ministry said...
Business
Company News
Swiss reserve hike hits UBS
Business
Latest News
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
Equinox and NEOM announce Equinox Resort Treyam in Magna
New York, US -- Luxury hospitality group Equinox Hotels has announced plans for the opening of Equinox Resort Treyam, one...
Business
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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.
Geostrategy
Antivirus update sparks global tech chaos: Flights, banks hit
Air passengers crowded into airports to wait for news as dozens of flights were cancelled and operators struggled to keep...
- Reports from the Netherlands and Britain suggested health services may have been affected by the disruption, meaning the full impact might not yet be known.
- Banks in Kenya and Ukraine reported issues with their digital services, supermarkets in Australia had problems with payments.