- Paris, France -- The first-ever Birkin bag designed by French luxury brand Hermes for celebrity Jane Birkin sold for 8.58 million euros ($10 million) at a Sotheby's auction in Paris on Thursday, smashing previous price records for a handbag. The modern design classic, owned by a Paris-based handbag collector, sparked...
UNSC to hold emergency meeting on Russia’s request
Russia on Thursday accused the United States of funding research into the development of biological weapons in Ukraine.Chinese companies threatened with delisting on Wall Street
Five Chinese companies have been ordered to comply with audit requirements by the US Securities and Exchange Commission (SEC) or face delisting from Wall Street. The initial group of companies named on a list published by the SEC on Thursday, could soon be followed by all Chinese companies listed in...UN warns of clashes in Libya as armed groups mass near Tripoli
On Thursday, the US ambassador in Libya, Richard Norland, also expressed fears over an escalation.Egypt inflation hits 10 percent as Ukraine impact pushes food prices up
Egypt's inflation rate hit 10 percent in February, official figures showed Thursday, as the country heavily reliant on wheat imports from Russia and Ukraine braces for the full impact of their war. "The annual headline inflation rate recorded 10 percent for February 2022, compared to 4.9 for the same month...Number of new companies in Ajman China Mall up 12 percent
Ajman China Mall has registered a growth of 12 percent in the number of registered companies in 2021 compared to 2020, according to Ajman Free Zone. Out of 1,000 enterprises operating in the mall, the retail sector topped the list followed by the fashion and textile sector. Enterprises operating within...Masdar City, Mashreq Bank to provide financial services to SMEs, start-ups
Masdar City and Mashreq Bank have signed a Memorandum of Understanding (MoU) to provide financial services to Small and Medium-sized Enterprises (SMEs) and start-ups based in the city. This will include easy access to NeoBiz, the bank's first digital banking platform designed specifically for start-ups and SMEs. The MoU was...Iran blames US for working to ‘complicate’ nuclear talks
Iran on Thursday accused the United States of working to "complicate" efforts to restore a 2015 nuclear deal, after new Russian demands linked to its invasion of Ukraine raised concerns of further delays.Struggling Libyan potters showcase wares online
The Libyan city of Gharyan sculpted a reputation for ceramics generations ago, but fragile demand is forcing potters to seek new markets on Instagram and Facebook. Muayyad al-Shabani didn't even start out in the craft. He earned a physics degree but struggled to find a job in a country whose...World clamors will air hit TV series starring Zelensky
The famous TV series shows Zelensky as a high school teacher propelled to the presidency after a student's video of him ranting about corruption in Ukraine went viral.Britain urges all G7 members to ban Russia oil imports
The US has led a Western assault on Russia's economic lifeline by banning imports of oil and gas followed by Canada and a pledge from London.Turkey hosts peace talk between Russia and Ukraine
Russia's foreign ministry confirmed that Lavrov would be attending the meeting on the sidelines of a diplomatic forum organized by Cavusoglu in Antalya.How Russian ‘safe corridors’ worked in bitter Syria war
Russia's offer of "humanitarian corridors" for civilians to flee the Ukrainian cities it has besieged is a well-tried approach Moscow adopted during Syria's devastating civil war.Sharjah Airport records 7 million passengers in 2021
In 2021, the Sharjah Airport served more than 7 million passengers with more than 57,000 aircraft movements and approximately 1.2 million passengers in December, consistent with the pre-pandemic levels. The Sharjah Airport Authority said it intensified efforts to strengthen its ambitious goals at various levels, launching numerous services and operations,...Protests rock Iraq’s southern area as food prices surge
Protests erupted Wednesday in Iraq's impoverished south over a rise in food prices that officials attributed to the conflict in Ukraine. For about a week, the price of cooking oils and flour have skyrocketed in local markets as government officials have sought to address growing anger with various statements and...Tunisia to initiate harsh action against food speculators
Tunisian President Kais Saied declared war Wednesday on food speculators amid a shortage of products such as wheat and semolina -- key staples in a country already mired in a political-economic crisis.Kyrgyzstan and Ras Al Khaimah to expand cooperation in investment, trade
Kyrgyzstan and the UAE have discussed enhancing the investment and trade cooperation between the two sides. Mohamed Ali Musabbeh Al Nuaimi, Chairman of the UAE’s Ras Al Khaimah Chamber of Commerce and Industry, and Abdilatif Jumabaev, Ambassador of Kyrgyzstan to the UAE represented their countries in a meeting. The meeting...U.S. rejects surprise Poland offer of jets for Ukraine as not ‘tenable’
NATO has already cleared that it does not want direct conflict with Russia and President Joe Biden has ruled out sending U.S. troops into Ukraine to fight.US intel paints Putin as aggrieved, angry over Ukraine war
The long-standing president in Moscow has been "stewing in a combustible combination of grievance and ambition for many years," CIA Director William Burns told US lawmakers.McDonald’s, Coca-Cola join US firms halting Russia operations
Several of these companies, symbols of American cultural influence in the world, have been the subject of boycott calls on social media.Jordan and Morocco keen to boost bilateral cooperation, regional development
Jordan Senate President Faisal Fayez Monday held talks with Moroccan officials in Rabat on bolstering Jordan-Morocco cooperation and the regional developments. Fayez held discussions with his Moroccan counterpart Naam Miyara on bilateral cooperation and relations and means to further them on all levels, not the least of which are political,...Number of educational firms in Ajman Free Zone grew by 17 percent in 2021
The number of registered educational companies within the Ajman Free Zone (AFZ) grew by 17 percent in 2021 compared to the previous year. The free zone is home to more than 240 educational facilities in 2021, reaffirming its keenness to advance the sector in the Emirate of Ajman, AFZ said....Morocco truckers observe strike to protest soaring fuel price
Moroccan truck drivers are observing a three-day strike in protest at spiraling fuel costs, a union said Tuesday, as oil prices spike over Russia's war in Ukraine.Israel gives financial guarantees for its flights to Russia
Israel was poised Tuesday to extend financial guarantees for its airlines to fly into Russia, raising criticism in Kyiv as most Western airlines boycott Russia over its invasion of Ukraine.Oil restarts to flow in Libya as gunmen lift blockade
Libya's National Oil Corporation said Tuesday that an armed group blockading two major oil fields had lifted its siege and that production had resumed at one of them.Spain’s former king Juan Carlos to stay in UAE: Royal family
Spain's former king Juan Carlos said he will stay in Abu Dhabi despite the closure of investigations into his financial dealings that led to his self-imposed exile in the UAE, the Spanish royal family announced on Monday. "For now, I prefer for personal reasons which concern nobody but myself, to...US envoys held energy talks with Venezuela’s Maduro: W.House
The White House said Monday that a US delegation held weekend talks in Venezuela with the government of President Nicolas Maduro that included a discussion of energy supplies as Washington looks for ways to reduce its imports of Russian oil. Venezuela's opposition also said it had met with the high-level...UAE, Croatia discuss advancing economic partnership
Dr Thani bin Ahmed Al Zeyoudi, the UAE Minister of State for Foreign Trade met Tomislav Ćorić, Croatia's Minister of Economy and Sustainable Development at Expo 2020 Dubai.UAE Chambers, Indian Ocean Rim Association explore enhancing cooperation
Humaid Mohammed bin Salem, Secretary-General of the UAE Chambers said that the UAE's private sector plays a pivotal role in boosting cooperation with countries of the IORA.Iran awaits ‘details’ of Russian demands on nuclear deal
Iran said Monday it was awaiting "details" on Russia's demands for US guarantees that could potentially delay reaching an agreement in talks aiming to restore Tehran's 2015 nuclear deal with world powers.Bahrain pledges $1 million as aid for refugees fleeing Ukraine
UN Secretary-General Antonio Guterres had called for resources to meet the increasing humanitarian needs in Ukraine.King Abdulaziz Port records highest daily container throughput
The King Abdulaziz Port in Dammam recorded the highest daily container throughput at Saudi ports by handling a total volume of 18,020 TEUs on a single vessel. The port succeeded in achieving the feat through its integrated operational mechanism of maritime and logistical services. Additionally, the landmark milestone was reached...Toolkit launched to help business fight illegal wildlife trade funding
The government of the UAE has worked with the UK government to launch a toolkit to support financial institutions in tackling illicit financial flows in Illegal Wildlife Trade (IWT). Ahmed Ali Al Sayegh, UAE Minister of State, has partnered with UK Minister Lord Tariq Ahmad of Wimbledon to launch the...Sharjah Entrepreneurship Foundation discusses SMEs funding requests
The Project Finance Committee of the Sharjah Entrepreneurship Foundation (Ruwad) has approved AED300,000 finance for a project that will work in the field of health fitness services by providing an integrated environment with advanced specifications for exercise and sports. Ruwad said the approval was granted at the meeting, the second...Jordan’s real estate trading at JD73 5mn in 2022
The Department of Land and Survey (DLS) revealed that the revenue in the first two months of 2022 stood at JD32.4 million up 15% from the figure reported in 2021.Saudi Arabia, Algeria sign MoU to combat crime, terrorism
The MoU was signed in Riyadh between Saudi Attorney General Sheikh Saud bin Abdullah Al-Mujib with Algerian Algerian Minister of Justice Abdul Rashid Tabbi.Jordan commerce chamber says Ukraine crisis will affect market
Nael Kabariti, who is the JCC president, said the Ukraine crisis has led the prices of staples to shoot up.Israel PM to press on with Ukraine talks, even if chances ‘not great’
Israel's premier said Sunday his country had a "moral obligation" to help stem fighting in Ukraine even if chances of success were "not great", after shuttle diplomacy that saw him visit the Kremlin.Discussion held on a study as part of Riyadh Economic Forum’s next edition
A panel discussion was organized by the Riyadh Economic Forum to review the progress of an important study, “New Investments, Digital Transformation and the Knowledge Economy”, as part of the forum’s preparations for its tenth session. Several government officials, academics, businessmen and women and others participated in the discussion. The...Tunisia starts operation of 10MW solar plant in Tozeur governorate
A 10 megawatt solar photovoltaic plant named Tozeur 2 has started operations in Tozeur, a governorate in southwest Tunisia. The plant, built at a cost of 25 million dinars ($8.4m) will consolidate the production of the first plant Tozeur 1, to reach a total capacity of 20 megawatts. The two...Iran seeks barter trade with Pakistan to strengthen ties
The option of barter trade was available to cement the mutual relationship between Iran and Pakistan, an Iranian envoy has said.US is finally cleaning up its abandoned, leaking oil wells
In the United State, it took more than a century to pass regulations governing record-keeping for wells and their sealing, or plugging, in many states.Israel president to visit Turkey next week
Erdogan has already said Herzog's planned visit would be an opportunity to 'open a new chapter in relations between Turkey and Israel.'Tajikistan to team up with Iran to build renewable energy sources
Tajikistan’s minister of energy and water resources said that his country is engaged in a program that includes construction of 700 megawatts of solar and wind powerhouses.Moody’s says Ukraine war endangers global economic recovery
The Russia-Ukraine conflict and subsequent sanctions have increased risks to the global economic outlook, with effects that will depend on the length and severity of the crisis, Moody's Investors Service said in a report.Ukraine conflict fuels supply chain concerns
Since Russia invaded, almost 80,000 Ukrainians have returned to fight Russia, leaving industries short of labor.Bahrain signs Artemis Accords to bolster space cooperation
Among other things, NASA plans to use the Artemis missions to land the first woman and first person of color on the Moon.Living rough in Morocco, migrants dreams of Spanish enclave
Melilla and Ceuta, Spain's tiny enclaves, have the EU's only land borders with Africa that attracts desperate migrants to escape poverty, violence and hunger both at home.Iran FM willing to travel to Vienna if nuclear deal reached
Iran's foreign minister said Friday he was ready to travel to Vienna if a deal is reached to revive the 2015 nuclear accord, as the US suggested an agreement is possible.Dubai International Boat Show to feature 800 brands from 54 countries
Dubai International Boat Show (DIBS), which will be held from March 9 to March 13, will witness 34 launches and feature global marine attractions from more than 800 brands. This is MENA yachting industry's first international in-person event since the COVID-19 pandemic. It will run at Dubai Harbour. Exhibitors from...800 Iraqi refugees return home from Syria, more to follow
Eight hundred Iraqi refugees returned home from northeast Syria on Thursday and hundreds more are to follow, a Syrian official in the region's Kurdish semi-autonomous administration said. The Syrian Observatory for Human Rights said the first group left on buses via the Al-Yarubiyah border crossing. The Iraqi government has "agreed...



















































