New Delhi, India - India's solar observation mission on Saturday entered the Sun's orbit after a four-month journey, the latest success for the space exploration ambitions of the world's most populous nation. The Aditya-L1 mission was launched in September and is carrying an array of instruments to measure and observe the...

DUBAI, UAE - Aramex, a global provider of comprehensive logistics and transportation solutions, announced a collaboration with the movie, Dunki starring Bollywood Shah Rukh Khan. The partnership marks Aramex as the official brand partner for the movie and is a showcase of the brand’s commitment to expanding its presence in...

DUBAI, UAE –  The Dubai Center for Family Businesses, which operates under the Dubai Chambers umbrella, has released a ‘Sample Article of Association for Family Businesses’ to outline effective management, governance procedures and corporate best practices. This will help promote growth and continuity among family businesses in Dubai. The Sample...

The data supports comments by European Central Bank (ECB) chief Christine Lagarde, who has warned that Europe should remain on guard despite falling inflation.

RIYADH, SAUDI ARABIA  - The National Center for Wildlife, in collaboration with NEOM, has released a total of 132 animals into the NEOM Nature Reserve. This initiative aims to rehabilitate and ensure the adaptation of these animals to their new environment before releasing them into the wild. The released species...

Cairo, Egypt--AD Ports Group (AD Ports) has signed a contract with Egypt to build, develop, operate and maintain terminals for passengers and cruise lines at the Red Sea ports of Hurghada, Safaga and Sharm El Sheikh. The contract will also commit AD Ports Group to develop yacht and cruise ship...

Kuwait City - Weyay was recognized as 'Fastest Growing Digital Bank' in Kuwait by Mastercard on the sidelines of the recent Mastercard Mena East Business Forum held in Dubai, and attended by numerous professionals, including fintech and industry experts and banking leaders to exchange ideas and discuss the future of...

ACCRA, GHANA - A United Arab Emirates delegation led by Dr. Rashed Ali Al Kaabi, Assistant Minister of Foreign Affairs for Security and Military Affairs, participated in the United Nations’ Peacekeeping Ministerial Meeting here. The ministerial meeting was the first to be held in Africa with previous sessions taking place...

A 425-strong colorful caravanserai made up of cars, bikes, quads and trucks sets out from Al-Ula on a treacherous 4,900-mile odyssey around the Gulf kingdom with a January 19 finish in Yanbu on the Red Sea. This year's route includes a first ever 48-hour stage in the Empty Quarter, a...

Amman, Jordan--The UAE and Jordan discussed enhancing trade and investment relations in order to stimulate joint economic growth and create more opportunities for cooperation between their business communities and private sectors. The discussions took place between in a meeting between Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for...

Hong Kong, China - Asian markets fell Wednesday in line with a sell-off across most of the world as traders took their cash off the table after a blockbuster end to 2023, with eyes now on the release this week of Federal Reserve minutes and US jobs data. Equities surged in...

The detained people were wanted in the United States, Germany, India, and several former Soviet republics as well as other parts of Asia and the Middle East.

The comments at issue came in a video of a preacher, Mahmoud Al Hasanat, which Atal posted to his 3.2-million-follower Instagram account five days after Hamas' bloody October 7 assault on Israel.

Ben-Gvir on Monday called for promoting "a solution to encourage the emigration of Gaza's residents" and the re-establishment of Israeli settlements in the Gaza Strip. His comments came the day after Smotrich also called for the return of settlers to Gaza, adding that Israel should "encourage" the territory's approximately 2.4 million Palestinians to...

Turkey's official annual inflation rate ticked up to 64.77 in December, from 61.98 percent in November. But the month-on-month pace of increases of 2.93 percent was the smallest of the past six months.

Riyadh, Saudi Arabia -- ROSHN Group has been recently recognized as "The Best Place to Work in Saudi Arabia" for 2023 by the globally recognized employer of choice certification program Best Places to Work, the company said in a press release. ROSHN achieved its ranking based on anonymous surveys conducted...

Doha, Qatar--The Qatar Development Bank's Export Development and Promotion Agency (Tasdeer), a subsidiary of the Qatar Development Bank, announced an increase in Qatari exports to its clients by over $412 million during 2023. In a statement released today, the agency highlighted its participation in eight international exhibitions over the past...

Tubas, Palestine - Colonial Israeli settlers backed by the Israeli military prevented Palestinian farmers from plowing their lands today in the village of Atuf, to the east of Tubas town in the northern West Bank, according to local sources and witnesses. Eyewitnesses and local activist Ayman Ghrayeb revealed that a...

DOHA, QATAR - The Investment Promotion Agency Qatar (Invest Qatar) has partnered with Microsoft to develop Ai.SHA, an innovative AI-powered assistant harnessing GPT capabilities through the azure open AI service. This initiative positions Invest Qatar as one of the first investment promotion agencies (IPA) in the world to adopt advanced...

ABU DHABI, UAE - The International Holding Company (IHC) announced the initiation of the transfer of 2PointZero, a next generation holding company comprising several diverse and dynamic companies, to IHC. Spanning multiple sectors, business combinations of entities under common control, have been combined to form 2PointZero, boasting an impressive asset...

RIYADH, SAUDI ARABIA - Two months after their launch, on October 11, 2023, Riyadh Season events had already attracted 12 million visitors.Chairman of the Board of Directors of the General Entertainment Authority (GEA) Turki bin Abdulmohsen Al Al-Sheikh said in a tweet that the success of the event is due...

RIYADH, SAUDI ARABIA – flynas reported record results for its performance in 2023 compared to the previous year 2022, with a historic increase in the number of passengers to over 11.1 million passengers, growing more than 28 percent. The LCC has taken delivery of 19 new aircraft during 2023, upscaling...

AMMAN, JORDAN - Agriculture Minister Khaled Al-Hneifat said the ministry has been working hard over the past year to create an action plan to raise the country's ranking in the Global Food Security Index (GFSI). According to the Jordan News Agency (Petra), two of the initiatives taken to achieve this...

Dubai, UAE--Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022. Bitcoin touched a 21-month peak of $45,532, having gained 156% last year in its strongest yearly performance since 2020. It was last up 2.5% at $45,318 but remains far off the record high of $69,000 it...

Dubai, UAE--Brokerage firms at the Dubai Financial Market (DFM) opened 57,054 new investor accounts in 2023, marking a significant increase of 12.5% over the previous year, according to data released by the DFM. The growth was driven by a number of factors, including the strong momentum in the market since...

Jeddah, Saudi Arabia - Saudi Arabia's Najran Cement Company has announced the extension of its non-binding memorandum of understanding (MoU) with Ayan for Commerce & Industry. This extension comes as a result of the ongoing valuation and due diligence processes, which are yet to be completed. The original MoU, signed...

MUSCAT, OMAN - Maisarah Islamic Banking Services, Islamic window of BankDhofar, acted as an Issue Manager for the Sovereign Sukuk Series 7 issuance on behalf of the government. The Sukuk-Al-Ijara structure has a seven-year maturity and was conducted through private placement to sophisticated investors in Oman. The issuance has been...

RIYADH, SAUDI ARABIA- The Insurance Authority (IA) has issued its first report on the performance of the sector in the Kingdom for the third quarter of 2023, highlighting the developments, financial results and its contribution to the Kingdom’s gross domestic product (GDP). The report was issued to provide transparent, accurate...

RIYADH, SAUDI ARABIA - A team of Saudi researchers from King Abdullah Children's Specialist Hospital (KACSH) and King Abdullah International Medical Research Center (KAIMRC) have discovered a new genetic disorder. This disorder has been named Alfadhel Syndrome, after Professor Majid Alfadhel, the leader of the research team. The syndrome has...

Tehran, Iran-- Trade between Iran and Azerbaijan has registered a 46 percent jump in 2022, according to the deputy prime minister of the Republic of Azerbaijan. Shahin Mustafayev, who is also the Azeri head of the Iran-Azerbaijan Joint Economic Cooperation Commission, stated that the relations between the two countries are...

Dubai, UAE--Several rockets fired from the Gaza Strip targeted Tel Aviv and southern Israel as the country rang in the New Year on Monday, according to AFP journalists on the ground. Air-raid sirens sounded as journalists in Tel Aviv saw Israeli missile defence systems intercept the rockets. People who had...

DUBAI, UAE -  Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has issued Executive Council Resolution No. 124 of 2023 on single-use products. The aim of the resolution is to protect the environment, encourage people to adopt an eco-friendly lifestyle,...

"The task of launching three additional reconnaissance satellites in 2024 was declared" as one of the key policy decisions for next year at a year-end party meeting, the official KCNA news agency said. Pyongyang successfully put a military spy satellite into orbit last month and has since claimed it was...

Manama, Bahrain-- The GCC Commercial Arbitration Centre has started to harness AI techniques, according to its secretary general, Dr. Kamal bin Abdullah Al Hamad. The initiative aims to enhance international commercial arbitration processes, aligning with the national visions of the Gulf Cooperation Council countries. It is in harmony with the...

Rabat, Morocco - Two decades after a landmark but limited revision of Morocco's family law marked a breakthrough for women, activists hope new reforms will defy objections and provide greater equality. The reform of the legal code was ordered directly by King Mohammed VI, who is expected to have the final...

AMMAN, JORDAN - Amman Chamber of Commerce (ACC), in cooperation with Ministry of Justice and Jordan Judicial Council (JJC), organized a training workshop on combating human trafficking. According to an ACC statement on Saturday, the workshop aimed to introduce the human trafficking crime in Jordanian law and international agreements and...

Dubai, UAE--The Arab Strategy Forum will commence in Dubai on January 3rd, 2024 to debate the intricate political and economic landscape of the Arab region. Titled "The Political and Economic State of the Arab World in 2024," the thought-provoking event will bring together prominent global leaders, strategic experts, and leading...

Dubai, UAE--The UAE leadership places utmost importance on supporting farmers to enhance the sustainability of the agricultural and food sector, ensure national food security and address climate change, according to Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment. She was speaking at the ninth meeting of the...

Riyadh, Saudi Arabia - Saudi EXIM Bank signed line of credit agreements worth $51 million with Türkiye Finans Katılım Bankası A.Ş. and Albaraka Türk Katilim Bankasi A.S. The agreement is likely to help boost trade between the two countries and facilitate the flow of Saudi non-oil exports to the Turkish...

ABU DHABI, UAE - The UAE insurance sector continues to exhibit robust growth, as evidenced by a 9.6 percent increase in total assets during the first nine months of 2023, reaching US$35.8 billion (AED 131.6 billion) by the end of the third quarter. This translates to an impressive US$3.1 billion...

Sharjah, UAE - The Sharjah Consultative Council approved the draft law regarding the budget of departments and entities of the Sharjah government for the fiscal year 2024 during its second meeting, local media reports said. The meeting was held Thursday at its headquarters in Sharjah as part of its first...

Indian media have reported that the eight Indian nationals -- among them former high-ranking and decorated officers, including captains who once commanded warships -- were arrested in Doha in August 2022.

"My country, always at the request of the Iraqi authorities, will support the unity, sovereignty and stability of Iraq," said Sanchez during a press conference with Iraqi Prime Minister Mohamed Shia al-Sudani. Spain has deployed more than 300 soldiers as part of an international anti-jihadist coalition and NATO's mission in...

Through their AI chatbots, the companies "seek to free-ride on The Times' massive investment in its journalism by using it to build substitutive products without permission or payment," the lawsuit said. With the suit, The New York Times chose a more confrontational approach to the sudden rise of AI chatbots,...

Sydney, Australia-- Australian police said Wednesday they were scouring beaches after mysterious packages believed to contain more than 120 kilograms (260 pounds) of cocaine washed up over the Christmas period. A first batch of 39 barnacle-encrusted, one-kilogram bricks of suspected cocaine was discovered on Friday near Magenta Beach, north of Sydney, police...

DUBAI -- In the heart of the UAE, a significant transformation is taking place in the transportation sector. As the global business landscape evolves, a group of innovative startups in the UAE is not only keeping up with established companies but also making strides, influencing the competitive dynamics of the...

Abu Dhabi, UAE--The insurance sector in the UAE witnessed growth and expansion across various key indicators during 2022, according to a report by the Central Bank of the UAE, reflecting a strong, dynamic, and active market driven by increasing demand and effective risk management. According to the apex bank's annual...

Muscat, Oman - Oman's achieved a 15.4% year-on-year sector growth, as reported by the National Center for Statistics and Information (NCSI). The growth revolves around a rapidly evolving landscape, propelled by strategic investments and diversification endeavors. Maritime freight was at the forefront, commanding a significant 54.8 percent share of all...

Turaif, Saudi Arabia - Hurra Al-Hurra Reserve is one of the first protected areas in Saudi Arabia, located in the Northern Border and Al-Jawf regions of the kingdom. It lies within the boundaries of the King Salman bin Abdulaziz Royal Reserve in the northwest of Saudi, covering an area of...

DUBAI, UAE - The Telecommunications and Digital Government Regulatory Authority (TDRA) has signed a Memorandum of Understanding (MoU) with the Dubai Maritime Authority of Dubai Ports, Customs and Free Zone Corporation (PCFC). This partnership marks a significant stride in improving the regulatory framework for maritime business operations to enhance efficiency...