The international benchmark contract, Brent North Sea crude, jumped 4.8 percent while West Texas Intermediate was up 5.1 percent. Trump on Wednesday announced...
Iraq has banned US gaming platform Roblox over what it described as sexual content, blasphemy and risks of online blackmail...
Riyadh, Saudi Arabia - Saudi Arabia on Tuesday introduced 'KSA VISA,' a unified visa platform aimed at streamlining visa application...The platform aims to automate visa issuance procedures, thereby enhancing the overall visitor experience
The initiative is a step in the kingdom's strategy to bolster tourism in the forthcoming years
The United States pushed to build up a multinational naval task force to protect a key global shipping lane from...US Defense Secretary Lloyd Austin condemned the "unprecedented" spate of attacks in waters leading to the Suez Canal.
The Canal is a chokepoint for about 10 percent of global trade, that have forced many shipping companies to divert their vessels.
- ABU DHABI, UAE – Airports in the country witnessed a 15 percent increase in air traffic during the 28th Conference...
The first day of COP28 - November 30 2023 - witnessed the highest daily air traffic rate in the history of civil aviation in the UAE with 2,848 flights.
The General Civil Aviation Authority organized meets and daily communication sessions to discuss plans, improve air navigation management systems.
- Riyadh, Saudi Arabia - Saudi Arabia aims to increase the media sector's economic contribution, targeting a GDP share of 47...
In 2022, Saudi Arabia's media sector surged to SAR 17.4 billion ($4.6 billion), commanding 30% of the market share in the MENA region.
The growth trajectory has been primarily propelled by a a tech-savvy consumer base, marked by a surge in demand for local content
World Wide Generation's and e& join hands to combine innovative technology and global collaboration to address critical environmental, social, and...World Wide Generation's and e& join hands to combine innovative technology and global collaboration to address critical environmental, social, and economic challenges.
The G17Eco platform, powered by WWG, equips organizations to effectively access and utilize sustainability data, integrating solutions and finances for comprehensive reporting.
- The Israel-Hamas conflict not only threatens regional stability but also poses significant economic challenges for MENA nations, says Fitch Ratings.
The Israel-Hamas conflict not only threatens regional stability but also poses significant economic challenges for MENA nations, says Fitch Ratings.
Egypt, Lebanon and Jordan remain the most affected countries as the conflict will potentially disrupt oil markets and economic growth, it adds.
Oil prices shot up three percent as more companies suspended shipping through the Red Sea following attacks on vessels by...Yemen's Iran-backed Houthi rebels said on Monday that they had attacked two "Israeli-linked" vessels in the Red Sea..
Ships must travel through the Red Sea to use the Suez Canal, a key transit route for cargo and oil..
Seoul, South Korea - Saudi Arabia and South Korea on Sunday signed a Memorandum of Understanding (MoU) to collaborate in...The agreement was inked between the Saudi Authority for Industrial Cities and Technology Zones "MODON" and the South Korean GL Rapha Holding Company
As part of the pact, an expanse of 51,000 square meters in Sudair City for Industry and Business is set to be allocated, involving an investment totaling $200 million
- “This has led to heightened compliance levels with the country's laws, aligning with global efforts to combat money laundering and...
The UAE adopts innovative legislative policies in order to combat money laundering and terrorism financing.
Safeya Al-Safi, Director of Anti-Money Laundering, emphasizes heightened compliance with global standards.
Dubai, UAE -- The UAE has ranked first in the Middle East and fourth globally as a leading destination for...The UAE ranked fourth after Spain, Argentina, and Romania, according to the website, which develops rankings based on a variety of factors
UAE Minister Omar bin Sultan Al Olama said his country has established a flexible and future-oriented system for remote work
