- Hong Kong, China -- Embattled property giant China Evergrande Group said Tuesday it will delist from Hong Kong Stock Exchange as a heavier-than-expected debt burden weighed on its liquidation process. The Hong Kong bourse's listing committee decided to cancel Evergrande's listing as it had failed to meet a July deadline...
Bahrain, Saudi to cooperate in job localization, labor market regulation
Bahrain and Saudi Arabia have discussed ways to enhance technical cooperation in the areas of job localization programs and labor market regulation, as well as plans to integrate job seekers and develop human resources. The discussion took place during a meeting between Bahrain’s Minister of Labor and Chairman of the...‘Jordan committed to combating terror financing’
Governor of the Central Bank of Jordan (CBJ) Adel Sharkas said that terror financing is a threat to national economies, adding the Kingdom is committed to combating the menace.Jordan’s anti-corruption body launches National Integrity Index
The Jordan Integrity and Anti-Corruption Commission (JIACC) on Monday launched the National Integrity Index (NII), which aims to gauge public institutions' adherence to national integrity regulations and anti-corruption prevention standards.Museum, DEWA partner for sustainable development
The Museum of the Future has signed a strategic partnership agreement with Dubai Electricity and Water Authority (DEWA) to showcase unique technologies and solutions related to the future of environmental sustainability and renewable energy.Former Israeli army chief joins new party to contest poll
Recent media reports had said that Eisenkot, chief of staff from 2015 to 2019, was being courted by political parties including Prime Minister Yair Lapid's centrist Yesh Atid.IGCF 2022 to be held on September 28, 29
The forum will analyse the socioeconomic and community trends that will determine the next stage of government communications regionally and around the world.Egypt mourns 41 killed in Cairo church fire
Witnesses to the fire Sunday morning described people rushing into the multi-storey house of worship to save those trapped, but the rescuers were soon overwhelmed by heat and deadly smoke.Egypt to issue international bonds worth $6 billion
More than a year after it issued bonds for the Japanese market, Egypt intends to issue another tranche of international bonds worth $6 billion this year, according to media reports quoting a government official.In Dubai 305m riders use public transport in H1 2022
Dubai’s Roads and Transport Authority (RTA) announced that the number of riders using public transport and shared mobility clocked nearly 304.6 million during the first half of 2022.FDI into Oman increases by 19 percent in Q1 2021: Report
Foreign Direct Investment into Oman increased by 19 percent in the first quarter of 2022, according to a report by the Washington Middle East Institute that praised the policies of Sultan Haitham bin Tarik in dealing with economic challenges facing the sultanate. There has been an increase in non-oil exports...Egypt appoints new ministers in cabinet reshuffle
A statement said the House of Representatives had approved "all the nominations set forth in a letter from President Abdel Fattah al-Sisi regarding a ministerial reshuffle".Iraqis grow weary of squabbling political parties
Iraq has been ravaged by decades of conflict and endemic corruption. It is blighted by ailing infrastructure, power cuts and crumbling public services, and now faces water shortages as drought ravages swathes of the countryJordan industries’ use 24m cubic feet gas daily in 2021
The average natural gas consumption for Jordan's industries amounted to 24 million cubic feet (CF) per day during 2021, according to data released by Ministry of Energy and Mineral Resources.Dubai Opera all set to celebrate its sixth anniversary
Dubai Opera, a destination for performing arts in Dubai, will celebrate its sixth anniversary on 31st August 2022.Jordan, Morocco to launch hospitality training facility
A Jordanian-Moroccan hospitality and tourism training project will be launched in the Hashemite Kingdom as part of the strategic partnership between the two countries, Moroccan Ambassador Sidi Muhammad Khaled Al-Nasiri announced on Saturday.President invites Swiss President to visit the UAE
President of the Swiss Confederation Ignazio Cassis, has received a written message from President Sheikh Mohamed bin Zayed Al Nahyan inviting him to visit the UAE.Syria says Israeli shelling wounds two near Golan Heights
The Britain-based Syrian Observatory for Human Rights confirmed the attack, adding that the two people, whom it did not identify, were in an area bordering the Israeli-occupied Golan.Egypt looks to borrow $2.5bn in loan to bolster economy
The country's struggling economy needs to urgently secure more foreign currency in its $400 billion economy to plug gaping deficits.Iran hints it may accept compromise on nuclear deal
Iran may accept the final compromise worked out in Vienna to save the 2015 nuclear agreement, its official news agency IRNA said on Friday. The deal meant to curb Iran's nuclear programme has been moribund since the withdrawal of the United States under president Donald Trump in 2018. The major...Dubai Airports win Gold Stevie Award for Great Employers 2022
Dubai Airports has been named the winner of a Gold Stevie Award in the Most Innovative Workplace Redesign During COVID-19 category in the seventh annual Stevie Awards for Great Employers.Ajman Chamber urges members to diversify investments
The ACCI witnessed the signing of a strategic partnership agreement to supply rosewater between Lavish Perfumes with Lecheq Farm Distillery to enhance cooperation in the field of essential oils’ productionForeign exchange reserves up at $82bn, says Iraq’s Central Bank
Central Bank of Iraq announced that foreign exchange reserves rose to US$82 billion, while gold reserves exceeded 130 tons.SEWA completes 10-km natural gas line to Al Zubair district
Sharjah Electricity, Water and Gas Authority (SEWA) has completed the implementation of a 10-km line project to connect the natural gas network to Al Zubair District to serve the residents. Amna bin Hadda, Director of the Natural Gas Department, said the natural gas network and pumping stations operate according to...‘Hero’ Lebanon hostage-taker turns self in after bank drama
The incident was the latest involving local banks and angry depositors unable to access savings that have been locked in Lebanese banks since the country's economic crisis began in 2019.Iraq to provide Lebanon with fuel for another year: PM Mikati
Iraq has agreed to renew a one-year deal to provide Lebanon with fuel for its power plants in exchange for in-kind services, Lebanon's Prime Minister said in a statement Thursday. Iraq signed an agreement in July 2021 to give cash-strapped Lebanon one million tonnes of fuel oil to help keep...ADNOC hires 13 jack up barges to boost offshore efficiency
Abu Dhabi National Oil Company (ADNOC) signed a $1.17 billion (AED4.3bn) for hiring 13 self propelled jack-up barges to drive its offshore operational efficiencies. ADNOC Offshore awarded the five year contract to ADNOC Logistics & Services (ADNOC L&S). Over 80 percent of award value will revert to UAE's economy under...MoCCAE discusses food security with feed manufacturers in UAE
UAE's Ministry of Climate Change and Environment (MoCCAE) hosted a meeting with licensed feed manufacturers in the country to explore their challenges and needs and brief them on the government’s future directions.CBUAE’s Financial Stability Report lists steps taken to help economy
The Central Bank of the United Arab Emirates has issued its Financial Stability Report for 2021, which outlines the measures taken by the CBUAE to support the national economy during the COVID-19 pandemic and safeguard the stability of the financial system.Economists appeal to US to return Afghanistan’s frozen assets
The economists said that the plunge in economic activity and the sharp cuts to foreign aid by previous supporters of the country after the US military withdrawal had sent the Afghan economy into a tailspin.Salt of the earth: Israeli artist’s Dead Sea sculptures
Landau works by suspending the objects in the salt lake from frames and later, she carefully liberates the brittle artefacts with the help of several assistants.Moqtada Sadr calls on judiciary to dissolve parliament
Sadr justified his calls for judicial action by noting that constitutional deadlines for appointing a new president and prime minister have been missed following last year's legislative elections.Iran dismisses claims Russia-launched satellite for ‘spying’
Iran's Space Agency said the Khayyam satellite is entirely designed and built to meet the needs of the country in crisis and urban management, natural resources, mines, and agriculture.Saudi delegation discuss energy, climate action at Tokyo conference
A delegation from Saudi Arabia’s King Abdullah Petroleum Studies and Research Center (KAPSARC), participated in Tokyo’s 43rd International Association for Energy Economics (IAEE) conference. KAPSARC's experts shared insights on global energy and environmental concerns, disseminating solutions to help shape future energy policies and encourage climate action. The insights included the...Saudi finance ministry partners with Al-Ahly to develop savings bonds
Saudi’s Ministry of Finance and the National Center for Debt Management has partnered with Al-Ahly Financial Company to develop and launch savings bonds for individuals, and motivate them to save. This also includes discussing strategic partnerships with the private sector. The entities signed a deal regarding this, which is aimed...ADDED, EWEC sign MoU to improve sustainability, clean energy adoption
The Emirates Water and Electricity Company (EWEC) and the Abu Dhabi Department of Economic Development (ADDED) today signed a Memorandum of Understanding (MoU) aimed at improving sustainability best practices and encouraging the adoption of Clean Energy Certificates (CECs) across the emirate’s industrial sector. EWEC will collaborate with ADDED through the...Deliveroo to exit Netherlands on back of surging losses
A planned exit from the Netherlands towards the end of November follows Deliveroo's departure from Spain last year, although the group on Wednesday said it had gained market share in the UK and Italy.Elon Musk sells about $7bn worth of Tesla shares
Amid a high-stakes court battle with Twitter over a $44 billion buyout deal, Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings published Tuesday.Turkish drone strike kills 4 in northeast Syria
Ankara has launched successive military offensives in Syria. Most have targeted Kurdish militants that Ankara links to a group waging a decades-long insurgency against it.UAE, Germany to cooperate in ecotourism, environment conservation
UAE and Germany have reviewed cooperation on biosphere reserves, ecotourism, and environmental conservation. A delegation from the German Development Cooperation Agency (GIZ) and German conservation NGO Succow Foundation discussed it while meeting members of the UAE’s Ministry of Climate Change and Environment (MOCCAE). MOCCAE, represented by its Biodiversity Department, shared...Dubai Customs thwart marijuana smuggling bid at international airport
Dubai Customs authorities seized 3.7kg of marijuana at Dubai International Airport terminal 1. An African passenger was trying to smuggle the drugs by stashing it inside cylindrical vehicle air filters. The officials discovered the drugs when the passenger's goods were x-ray scanned, which revealed abnormal density in some of the...Three day Ajman Dates festival concludes, promotes palm plantation
The seventh edition of three-day Liwa Ajman Dates and Honey Festival at the Emirates Hospitality Center in Ajman, concluded. Organized by the Ajman Department of Tourism Development, the event acted as a platform for promotion of palm plantation, and production of dates, honey and fruits.WUWM Abu Dhabi 2022 to discuss global food chain
The World Union of Wholesale Markets (WUWM) Conference 2022, which will be held in the Middle East for the first time, offers an important opportunity to reshape global food systems, according to organizers and attendees.Jordan forms a PPP council to boost mining sector
Jordan's Minister of Energy and Mineral Resources on Tuesday announced the formation of a Public-Private Partnership (PPP) council for mining, to deliver better services and raise the sector’s contribution to the gross domestic product.Afghanistan: one year since the Taliban takeover
Last year, this week, the Taliban launched a final offensive to win back control of the country they ran between 1996 and 2001.Turkey to hold talks with US for sale of jet fighters
A Turkish delegation will visit Washington next week to follow up on US President Joe Biden's pledge to deliver F16 fighter jets for Turkey's ageing air force, Ankara said Tuesday. Turkish Defense Minister Hulusi Akar said the team would arrive in Washington on Monday on the invitation of unnamed US...Fate of nuclear plant remains uncertain as Ukraine war rages on
The Russian-held Zaporizhzhia power plant in Ukraine, which is at the center of international concern amid mutual accusations of shelling by Moscow and Kyiv, is Europe's biggest nuclear plant.Former Iraq PM calls for resumption of legislative sessions
Nuri al-Maliki said, "Neither the dissolution of parliament nor the change of the regime nor early elections will be possible without the resumption of parliamentary sessions."Jordan, Canada to forge cooperation in food and water security
Jordan and Canada on Sunday discussed enhancing bilateral development cooperation, especially in food and water security. Jordan’s Minister of Planning and International Cooperation Nasser Shraideh and Canadian International Development Minister Harjit Sajjan discussed it. The duo also explored ways to combat climate change and promote Investment opportunities. Shraideh highlighted the...Qatar Chamber to promote investment in country during world cup
Qatar Chamber would issue a guide to economic and commercial activities in Qatar 2022, aiming to promote its economy and enhance investment in Qatar. The release of guide coincides with Qatar’s hosting of FIFA World Cup 2022, in which hundreds of thousands of visitors are likely to arrive. Qatar Chamber...Tie-ups with UAE helps boost Indian farm exports by 31 percent
Buyer-seller meets in the UAE on agricultural and food products with registered geographical indication (GI) tags, a week-long mango festival in Bahrain, and an international buyer-seller meet in Ladakh attended by buyers from Dubai and Oman helped boost India's export of these items by 31 percent in April to June...



















































