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
WEF’s risks report 2025: Rising geopolitical tensions, environmental threats, disinformation dominate future threats
A survey of over 900 experts reveals state-based armed conflict as the most pressing global risk for 2025, driven by...
Geostrategy
Fellowship seeks applications from UAE youth
Initiative part of efforts to engage youth in Year of the 50th through practical opportunities Applications are accepted from UAE...
UAE assures cooperation with Latin America, Caribbean during UNSC membership
Ministers Reembint Ibrahim Al Hashemy and Omar Ghobash introduce the country's membership to GRULAC members UAE candidate for the Arab...
UAE to curb terror financing, money laundering in gold trading businesses
The companies were asked to speed up the amendment of their conditions to avoid penalties stipulated by the Federal Law...
Antarctica gives birth to world’s largest iceberg
The 1,668-square-mile berg named A-76 is larger than the Spanish tourist island of Majorca Another massive iceberg that had threatened...
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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
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
Company News
OpenAI comes to Asia
Business
Latest News
Al Noor Island listed among top 10 attractions in Middle East
Sharjah, UAE -- Sharjah's renowned landmark and award-winning family-friendly destination, Al Noor Island, has secured its place among the top...
Business
Saudi Aramco share sale nets $12.35 billion on investor demand
Riyadh, Saudi Arabia -- Saudi Aramco netted $12.35 billion, $1 billion more than expected, from a secondary share sale after exercising...
Business
Shell, TotalEnergies and BP take stakes in UAE gas project
Dubai, United Arab Emirates -- Energy majors TotalEnergies, Shell and BP will each take a 10 percent stake in a liquefied...
Business
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Business
Methanol-powered ship to set sail for Europe’s first ‘green’ route
Rotterdam, Netherlands -- The first methanol-powered ship to ply routes between Europe's busy ports was unveiled Tuesday in Rotterdam, with shipping...
- The Eco-Maestro, a 13,675-tonne container carrier will head off to Antwerp in the next few days, before plotting a course for Klaipeda in Lithuania and Riga in Latvia.
- Completed in China earlier this year, the Eco-Maestro is kitted out with the latest engines that can run on methanol -- a sustainable fuel made from decomposed organic matter.
Business
China’s BYD signs deal to open electric car plant in Turkey
Istanbul, Turkey -- China's electric vehicle giant BYD on Monday signed a one-billion-dollar agreement with Turkey to open a plant in...
- The one-billion-dollar agreement would likely help China dodge new European Union tariffs.
- The BYD facility will have an annual capacity of 150,000 vehicles as well as a research and development center.
Business
Chip giant TSMC briefly joins trillion-dollar club
New York, United States -- Chip-making juggernaut Taiwan Semiconductor Manufacturing Co. briefly surpassed $1 trillion in market capitalization on Monday as...
- TSMC controls more than half the world's output of chips and supplies them for everything from Apple's iPhones to Nvidia's cutting-edge artificial intelligence hardware.
- The company hit the threshold briefly after the opening bell in New York, but slipped lower in later trading.