Doha, Qatar--Doha Port has received the Italian cruise ship Costa Toscana of Costa Cruises, as part of the cruise's first tour in the Arabian Gulf region. The cruise ship has a capacity of about 6,500 visitors, and features a water park, 13 swimming pools and hot tubs, 13 restaurants and...

ABU DHABI, UAE - IDEX and NAVDEX 2023 exhibitions, to be held from February 20-23 in Abu Dhabi, will host over 15 high-level panels. ADNEC Group is organizing the 16th edition of the International Defense Exhibition & Conference (IDEX 2023), and the seventh edition of the Naval Defense & Maritime...

These companies also pledged to reach net-zero carbon no later than 2050. With buildings contributing 38 percent of all energy-related greenhouse gas emissions, leaders across all industries have a critical role to play in lowering their global real estate emissions, the World Economic Forum said in a statement.

Expat Essentials Index ranks cities on the basis of quality of life, ease of settling in, working abroad, personal finance and digital life among other criteria.

BAGHDAD, IRAQ  - Iraqi Parliamentary Speaker Mohammed al-Halbousi said that an oil pipeline from Basra port to the Jordanian port of Aqaba will soon be operational pointing to many areas of cooperation between the two countries. Al-Halbousi, who spoke at a joint press conference at Baghdad airport with Jordan's Lower...

SHARJAH, UAE - Sharjah Chamber of Commerce and Industry (SCCI) in 2022 continued its role in creating investment environment and reinforcing the position of the emirate of Sharjah as a global business hub. The SCCI also bolstered its competitiveness by protecting the interests of businessmen and supporting its members in...

Tunis, Tunisia--The President of Arab States Broadcasting Union (ASBU) and CEO of Saudi Broadcasting Authority Mohammed bin Fahd Al-Harthi has called on media institutions in the Arab countries to develop and keep pace with changes by upgrading the local digital content industry to global standards. Speaking on the sidelines of...

Baghdad, Iraq-- The head of the Federation of Iraqi Chambers of Commerce - FICC, Abdul Razzaq Al-Zuhairi, called on the government to move towards German companies in the field of construction and infrastructure development, while stressing that Iraq needs to develop trade relations with Germany. Iraqi News Agency reported that...

Abu Dhabi, UAE-- The UAE has stressed the need for speeding up new investments in the energy sector in order to meet rising global demand as a number of OPEC+ member countries cut output. Speaking on the sidelines of the Global Energy Forum in Abu Dhab, Suhail bin Mohammed Al...

The move aims at supporting Kingdom's infrastructure development, boosting logistics and providing unique business environment in transport sector, air traffic and ports.

ABU DHABI, UAE -  UAE Minister of Energy and Infrastructure and Romanian Minister of Energy discussed ways to enhance cooperation in the energy and climate action fields between the two countries. UAE minister Suhail bin Mohammed Al Mazrouei received Romanian Minister  Virgil-Daniel Popescu at the Energy Ministry's headquarters in Abu...

ABU DHABI,  UAE - Masdar signed an agreement with four Dutch companies to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam to support Dutch and European markets. Masdar, , one of the world’s leading clean energy companies, inked an agreement with Port of Amsterdam,...

ABU DHABI, UAE - European countries will eventually resume higher imports of Russian gas, Qatar's energy minister and gas company CEO predicted on Saturday, warning that market volatility could last for years. Russian gas exports to Europe plunged after Moscow's invasion of Ukraine but Saad Sherida al-Kaabi, head of QatarEnergy,...

Raja Al Mazrouei will succeed Massimo Falcioni.

ABU DHABI,  UAE - UAE Ministry of Energy and Infrastructure signed a Memorandum of Understanding (MoU) with UK Department for Business, Energy & Industrial Strategy. The memorandum aims to exchange information, knowledge, expertise and studies in the field of energy and promote it for the vital role it plays in...

Dubai, UAE: The United Arab Emirates ranks fourth on the list of 63 economies around the world in the Tax Policy category of the World Competitiveness Yearbook 2022 Peer Group. Published by Switzerland-based International Institute for Management Development (IMD), the World Competitiveness Yearbook assesses and ranks 63 economies around the...

Doha, Qatar-- The number of building permits issued in Qatar in December 2022 decreased by 18 percent (527 permits), compared to (645 permits) issued in November 2022, the Planning and Statistics Authority said. The decrease was noted the most in the municipalities of Al Rayyan (47 percent), Al Khor (37...

The Saudi market's general index, TASI, rose 1.19%, Dubai Financial Market 0.47%, Abu Dhabi Stock Market Vadax 15 index 0.133% by the end of the trading session.

MEGA II is the world's largest 3D printer, the company said.

DUBAI, UAE - The 28th edition of the Dubai International Pharmaceutical Technologies Conference and Exhibition (DUPHAT) 2023 concluded.  The three-day event, which concluded Thursday, took place at the Dubai World Trade Center and drew more than 26,000 visitors and participants from 82 countries. Dr. Ali Al Sayed Hussain, Director of...

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has organized 157 training courses and awareness sessions on occupational health and safety during 2022, with the participation of 2,170 employees from various divisions. DEWA also organized its 20th Internal Health and Safety Week, which featured various activities in all aspects...

Dubai, UAE--Dubai real estate market recorded transactions worth AED1.9 billion ($517 million) on Thursday, Dubai Land Department said. These included 432 sales worth AED1.45 billion, in addition to 73 mortgage deals of AED464.03 million, and 20 gift deals amounting to AED18.34 million. The sales included 342 villas and apartments worth...

China grounded the plane after two deadly accidents involving the model in 2018 and 2019. An Ethiopian Airlines flight crashed shortly after takeoff from Addis Ababa, killing 157 people. That accident came five months after the crash of a 737 MAX in Indonesia, where 189 people died. Investigators said a...

According to the Apex Bank, Islamic banks' credit climbed by 5.7 percent year-on-year to $108 billion by the end of last October.

BAGHDAD, IRAQ - Iraq's Prime Minister Mohammad Shia al-Sudani left Thursday for Berlin to meet with German Chancellor Olaf Scholz and discuss projects to address chronic power shortages, the premier's office said. Despite its oil riches, Iraq is beset by crumbling infrastructure, endemic corruption and decades of war. Dependent on its...

Consumer inflation in the United States slipped in December to the lowest level in over a year, government data showed, signaling the worst of red-hot price increases may be over. Inflation has eased for a sixth consecutive month alongside the Federal Reserve's aggressive campaign, fueling hope for reprieve from steeply...

Paris, France--A Saudi film fund announced Thursday that it is investing in Johnny Depp's new movie, a French period drama in which he plays King Louis XV. The Red Sea Film Foundation said in a statement that it was backing the new film, "Jeanne du Barry", directed by France's Maiwenn,...

Geneva, Switzerland-- Middle Eastern airlines had an 84.6 percent growth in traffic in November compared to the same month in 2021, according to a recent report by the International Air Transport Association (IATA), which also noted that global air travel recovery continued throughout the month. Globally, traffic is now at...

ABU DHABI, UAE -  The UAE participated in the Global Partnership for Financial Inclusion (GPFI) meeting in the Finance Track of the G20 for 2023 which was held under India’s G20 Presidency. The meeting was held to discuss the GPFI work plan for 2023 and agree on the financial inclusion...

They will collaborate on decarbonizing solutions, customer service.

Riyadh, Saudi Arabia---Saudi Arabia and Bulgaria have discussed ways to boost bilateral cooperation and develop the economic sectors between the two countries. The two discussed these issues during a meeting between Minister of Economy and Planning Faisal bin Fadel Al-Ibrahim and the Bulgarian Minister of Economy and Industry Nikola Stoyanov...

Abu Dhabi, UAE--The Environment Agency of Abu Dhabi (EAD) has planted one million mangrove seeds using drones as part of the first phase of a drone mangrove plantation project. The Abu Dhabi Mangrove Initiative was announced in February 2021 during Prince William's visit to the UAE. This initiative, which is...

The market for the greener vehicles is expected to grow rapidly in response to consumers' worries about climate change, putting pressure on manufacturers to develop less polluting products. The study by Swiss Re said the move towards electric vehicles would "entail changes across the entire value chain". It called on...

Dubai, United Arab Emirates--The head of the United Arab Emirates' national oil company was named as president of this year's COP28 climate talks on Thursday, promising a "pragmatic" approach to tackling global warming. Sultan Ahmed al-Jaber, who heads up the UAE's Abu Dhabi National Oil Company (ADNOC), will be the first...

Abu Dahbi, UAE--Etihad Airways on Wednesday said its US operations and flights are not affected by the system outage at the Federal Aviation Administration. “Etihad Airways is aware of a technical issue affecting all airline flights in North America. At present, this is not having an impact on our operation, and...

The partnership will strengthen workforce in the UAE.

It aims to enhance global cooperation and design joint solutions to today’s geopolitical, social, economic, and human development challenges. Saudi’s delegation will discuss how it addressed challenges posed by the pandemic and share insights into the solutions that helped maintain a robust performance in the face of rising global pressures.

An order for 20 Boeing jets would be transferred to Macquarie AirFinance.

Dubai, UAE-- Emirates NBD has announced the successful pricing of its inaugural AED1 billion ($272 million) dirham-denominated bond, the first such issue by a UAE bank. The group's bond sale will support the further development of a medium-term bond yield curve and facilitate access to financing for UAE corporations, the...

Paris, France--French luxury group LVMH announced a leadership shuffle on Wednesday, naming new chief executives at major brands Christian Dior Couture and Louis Vuitton. Delphine Arnault, a top executive at Louis Vuitton and daughter of billionaire LVMH boss Bernard Arnault, will become CEO of Dior perfume and fashion house, LVMH said...

TiKTok chief executive Shou Zi Chew held official talks for the first time with EU vice presidents Margrethe Vestager and Vera Jourova, the bloc's home affairs commissioner Ylva Johansson and justice commissioner Didier Reynders.

Global business leaders, CEOs, and innovators from around the world will gather in Davos next week to discuss what World Economic Forum (WEF) President Børge Brende described as an event to find solutions for a more cohesive world "so that economic growth could be achieved even in challenging times."

The company formerly known as Facebook is facing increasing pressure and fines to curb its practice of delivering narrowly targeted ads to its users, a practice that brings in billions of dollars in revenue from advertisers every year.

Dubai, UAE--Dubai Chamber of Commerce has launched the printing and publishing business group to boost the sector’s competitiveness and support its members in navigating a rapidly evolving media landscape. Commenting on the setting up of this business group, Maha Al Gargawi, Executive Director of Business Advocacy at Dubai Chambers, said:...

As Emiratization and Saudization requirements are mandatory for all businesses operating in the region, and large expatriate workforces are also common, there are many ways that organizations could make use of technology in easing the management of the processes involved, adds Goble.

ADNOC said the company combines the operations, maintenance and marketing of the ADNOC Gas Processing and ADNOC LNG businesses into one global and market-leading consolidated business. ADNOC Gas will operate eight processing sites both onshore and offshore with a pipeline network of over 3,250km.

ABU DHABI, UAE - Masdar has announced the signing of an agreement with the Ministry of Energy of Kyrgyz Republic to develop a pipeline of renewable projects in the country. The projects, with a total capacity of up to 1 gigawatt (GW), start with a 200-megawatt (MW) solar photovoltaic (PV)...

Major stock markets mostly dropped as warnings that US interest rates would continue to rise and remain elevated offset growing optimism over China's economic reopening after Covid lockdowns. Equities enjoyed a strong start to the new year thanks largely to Beijing's decision to throw off the shackles of its strict...

ABU DHABI, UAE - Abu Dhabi Chamber of Commerce and Industry (ADCCI) has launched the updated version of its Effortless Certificate of Origin service, which aims to enhance customers’ experience and reduces the time taken for acquiring the service. This comes as part of its participation in the Abu Dhabi...

Riyadh, UAE---Saudi Arabia's Ministry of Investment has signed MoUs with three companies to develop and market investments in hospitality, tourism, catering services and entertainment activities besides cooperation in operating residential and commercial complexes. The MoUs were signed with Kadana Company, Lifestyle Development Company and Jusoor Al-Khaleej Company at the Hajj...