$2bn earmarked for Saudi real estate by Muslim global HWNIs
Riyadh, Saudi Arabia - Muslim global high net worth individuals (HNWI) are prepared to spend US$ 1.96 billion on real...Economy
UAE and Greece hold talks to widen economic cooperation
Athens, Greece-- The UAE and Greece have held talks in Athens on a wide range of economic and strategic issues...Economy
EU and Britain agree on Northern Ireland trade deal
Prime Minister Rishi Sunak and European Commission president Ursula von der Leyen adopted the deal at a meeting in Windsor,...The UK government under Boris Johnson had threatened a unilateral rewrite of the protocol unless the EU agreed to wholesale changes
French President Emmanuel Macron lauded an "important decision" that will protect the European market
Ras Al Khaimah to launch a free zone for virtual asset companies
RAK Digital Assets Oasis will be a purpose-built, innovation-enabling free zone for non-regulated activities in the virtual assets sector.RAK Digital Assets Oasis will be a purpose-built, innovation-enabling free zone for non-regulated activities in the virtual assets sector
It will be remote-work friendly, globally connected destination for digital and virtual asset companies building innovative business models for the future
Super-rich Russians lift UAE property market to record heights
There might be a global slowdown in the property market, but thanks to Russian buyers, the UAE, in contrast, has...The number of Russians who bought property in Dubai shot up by 164 percent in the first quarter of 2022.
According to Better Homes Consulting, Russians made up the largest segment of foreign real estate buyers in Dubai last year
Phone firms set for annual meet in shadow of global slump
Barcelona, Spain--The big beasts of the telecom industry will gather in Barcelona on Monday for their most important annual get-together,...In total, the four-day show would host almost 750 operators and manufacturers and 2,000 exhibitors.
A hugely popular idea for many at the show is to force the owners of bandwidth-hungry platforms like YouTube, Netflix and Facebook to pay network operators a "fair share".
Higher Middle East demand pushes Thai rice exports up
Head of the ministry's foreign trade department Ronnarong Phoolpipat told a press conference that the value of rice exports rose...Head of the ministry's foreign trade department Ronnarong Phoolpipat said that the value of rice exports rose 78.76% to $406.72 million in January year-on-year
He attributed the rise in exports mainly to the orders from the Middle East where the countries have' high purchasing power and low agricultural output
Mawani sanctions five new services, links up 43 international ports
Riyadh, Saudi Arabia--The Saudi Ports Authority, also known as Mawani, has sanctioned five new shipping services that will link up the Kingdom with 43 international...According to reports, the five new services are projected to support commercial traffic, strengthen the national imports and exports system
The five new services are dispersed across three ports namely, Jeddah Islamic Port, King Abdulaziz Port in Dammam, and Jubail Commercial Port
Jordan and US trade balance posts US$881m surplus in 2022
Amman, Jordan--The trade balance between Jordan and the US has recorded a surplus of about 625 million Jordanian dinars ($881 million)...The free trade agreement between Jordan and the US entered into full force in January 2010, and provides for exemption from customs duties for Jordanian exports
King Abdullah of Jordan and the country’s foreign minister, Ayman Safadi greeted a delegation last month from Business Executives for National Security
Qatar’s Social Insurance Law serve retirees, widows
The Social Insurance Law approved a number of amendments in the shares of those who are entitled, which resulted in...Qatar has witnessed an increase in the retirement pensions and widow's shares to 100 percent, says the country’s Director of the Retirement Department at GRSIA
The Social Insurance Law approved a number of amendments in the shares of those who are entitled, which resulted in an increase in the shares due, for the widows
Qatar eyes 1.5 million Saudi tourists in 2023 after thaw in bilateral relations
Sports, social and marketing events, including various global activities and competitions, are likely to bring in more Saudi tourists, Qatar...Sports, social and marketing events, including various global activities and competitions, are likely to bring in more Saudi tourists, Qatar Tourism's data suggest
A package launched at the beginning of this year aims to attract 6 million visitors annually and increase the tourism sector's contribution to the GDP to 12%
WHO seeks $392m for Yemen before donor meet
The World Health Organization on Sunday appealed for $392 million ahead of a UN-led donor conference in Geneva to avert...The UN estimates that 21.6 million people –- two-thirds of Yemen's population –- will require humanitarian aid and protection services in 2023
Huthi rebels seized the capital Sanaa in 2014, prompting a Saudi-led coalition to intervene the following year to prop up the internationally recognised government
