- Riyadh, Saudi Arabia -- On the World Chocolate Day, Saudi Arabia's Ministry of Commerce announced that the total number of existing commercial records for cocoa and chocolate manufacturing activities in Saudi Arabia reached 3,532 by the end of the second quarter of 2025. Riyadh leads the Kingdom in chocolate manufacturing,...
Italy forks out fresh six billion euros in energy aid
"We are putting nearly eight billion euros on the table, including six billion in energy aid", PM Mario Draghi told a news conference.Europe’s Investment in Palestinian economy touches $1.61bn
Around 60% of $1.61 billion were committed only in the last two years showing remarkable growth in mobilization of finance for Palestine.UAE, Hungary sign MoU to establish joint business council
The UAE Federation of the Chambers of Commerce and Industry (FCCI) and the Hungarian Chamber of Commerce and Industry (HCCI) will establish a UAE-Hungarian Business Council. The two parties signed an MoU at the Hungarian pavilion at Expo 2020 Dubai regarding the same on the sidelines of the third meeting...Governors of UAE and Turkey central banks to collaborate in banking sectors
The meeting was held on the sidelines of the official visit of Turkish President to the UAE.Istanbul skyline row erupts over new build near iconic mosque
The soaring minarets of the 16th-century Suleymaniye mosque paint the postcard image of Istanbul, but that is now blighted by rickety wooden scaffolding at a nearby construction site, sparking fury on social media. The latest row over Istanbul's skyline has seen opponents of the new building attack botched restoration work...Majority of Saudi nationals positive about tourism sector jobs: Study
A sizable number of Saudis look positively at jobs in the tourism sector, according to a study by the kingdom's Ministry of Tourism in collaboration with Digital Research Company (DRC). Key findings indicate that 75 percent of Saudis have a positive perception towards jobs in tourism, with 83 percent saying...Ghazl El Mahalla of Egypt puts off its listing to April
The Egyptian football club Ghazl El Mahalla has put off its listing on the stock exchange to April. The listing was originally to happen in February.India sets an ambitious goal to be a hub for green hydrogen
India has unveiled the first part of a drive to attempt to turn the world's third-largest emitter of greenhouse gases into a "hub" for green hydrogen.WHO picks Egypt and Tunisia to produce Covid vaccine in Africa
Six African countries have been chosen to establish their own mRNA vaccine production, the World Health Organization said Friday, with the continent largely shut out of access to Covid jabs.Eleven years since revolt, Libya far from democracy
The anniversary comes as the country finds itself with two rival prime ministers based in the capital Tripoli.National Water Carrier Project will be completed by 2027: Jordan PM
The government is "serious" in finding solutions to many pending investments, including Amman's Sixth Circle Towers project, the PM said.Turkey officials in Jerusalem ahead of Israel delegation visit
Senior Turkish officials held meetings in Jerusalem on Thursday ahead of a rare visit by Israeli President Isaac Herzog to Turkey.Israel says it downed Hezbollah drone in its airspace
Lebanon and Israel have seen unrest often, and drones have become a regular feature of their heavily guarded border.Arab countries review discussion topics for IPU Conference in Cairo
The speakers of the parliaments and councils of the Arab countries, in a meeting, reviewed the topics to be discussed in the 32nd Conference of Arab Inter-Parliamentary Union (IPU). They also discussed the reports prepared by the Arab IPU general secretariat, its specialized committees, and its executive committee. The officials...Air travel momentum up as countries lift Covid restrictions: IATA
Air travel recovery was gaining momentum as countries were lifting restrictions, with a sharp 11-percentage-point increase for international tickets sold in recent weeks, according to the International Air Transport Association (IATA). Data released by IATA said that in the period around 8 February (seven-day moving average) the number of tickets...Khamenei ridicules claims Iran wants atomic bomb
Iran's supreme leader Ayatollah Ali Khamenei dismissed as "absurd" claims his country wants to acquire atomic weapons, in remarks on Thursday amid signs of a breakthrough in nuclear talks.Jordan’s 26 companies to take part in Baghdad intel Fair
Jordan's minister praised the Ministry of Communications for its achievements in the communications and information technology sector.Saudi Arabia elected as Head of ICAO’s Regional Aviation Safety Group for Middle East
The election took place during the ninth session of the group’s meetings hosted in Riyadh from 14-17 February 2022.Riyadh Economic Forum to hold 10th session in November
Chairman of the Riyadh Chamber Ajlan Al-Ajlan said the generous patronage from the king Salman bin Abdulaziz has enhanced the role of the forum.UAE to promote innovation in home businesses
This was discussed at panel discussion about "Innovation in Home Businesses" which was organised by the Ministry of the "UAE Innovates-February 2022" and Innovation Week in Expo 2020 Dubai.Borsa Istanbul to provide consultancy services to Abu Dhabi Securities Exchange
The MoU is the latest in a series of strategic partnership agreements signed by ADX as part of its strategy for growth, announced at the beginning of 2021.DMCC to collaborate with C3 to initiate Impact Scale-Up program in Dubai
C3 is a UAE-based social enterprise empowering impact-driven entrepreneurs across the Middle East, Africa and Turkey.UAE and Turkey to cooperate in agriculture, rural development
The pact is in line with the UAE’s leadership to enhance international cooperation and exchange of successful experiences.MAWANI signs pact with Bahri to build logistics park
The Saudi Ports Authority (MAWANI) signed an agreement with shipping giant Bahri to build and operate an integrated logistics park on land leased at the Jeddah Islamic Port with a total area of 95436m2. President of MAWANI Omar Talal Hariri and Eng. Abdullah Ali Aldubaikhi, CEO of Bahri signed the...Iran calls for US ‘political statement’ on nuclear deal
Iran urged the US Congress on Wednesday to issue a "political statement" that Washington will stay committed to a possible agreement in Vienna talks to restore the 2015 nuclear deal. The accord offered Tehran sanctions relief in exchange for curbs on its nuclear program, but then US president Donald Trump...Abu Dhabi International Airport receives 5.26m passengers in 2021
Abu Dhabi International Airport has welcomed 5.26 million visitors in 2021 thanks to a fourth-quarter surge that saw 2.43 million, which equates to 46 percent of the full year's passenger numbers, pass through the UAE capital's hub. Compared to 2020, which saw traffic of around 5.57 million passengers, there was...Algeria president announces unemployment benefit for youth
The payments will be made "to preserve the dignity of young people", Algerian president Tebboune said.Kuwaiti defense minister discusses ties with Turkish, Indian envoys
While not verified, the claims by Russia provided some much-needed relief for investors, who had grown increasingly fearful of a conflict in Eastern Europe.Strong protection for babies born to Covid-vaccinated moms: study
The CDC carried out a study involving 379 babies aged up to six months, who were hospitalized in 20 pediatric centers from July 2021 to January 2022.France ‘concerned’ as Tunisia’s president extends powers
Last year, the Tunisian president sacked the government, suspended parliament, and seized a range of powers.Trade between Brazil and Arab countries grew by 44 percent in 2021
Trade between Brazil and Arab countries grew by 44 percent during 2021, with food exports alone reaching an estimating $14 billion, its highest since 2012, said Tamer Mansour, CEO of the Arab Brazilian Chamber of Commerce. This comes as Arab countries, especially in the Gulf region, are combating the pandemic...Taliban declare day of Soviet exit from Afghanistan as holiday
The Taliban on Tuesday declared February 15 a national holiday to mark the anniversary of the Soviet withdrawal from Afghanistan -- six months after they stormed into Kabul to topple the US-backed government.Construction of $834m steel casting plant in Saudi to begin this year
A metal casting and forging plant will be built by South Korea’s Doosan Heavy Industries and Construction at the cost of 1 trillion won ($834 million) in Saudi Arabia. Under the deal, the construction of the plant at the King Salman Global Maritime Industries Complex in Ras Al-Khair will start...Jordan passes 2022 budget with spending volume of over JD12 billion
The government’s action prioritizes the completion of the regional electricity linkages with Egypt, Palestine, Iraq, and Lebanon.US considers $1 bn loan guarantees for Ukraine
Europe's poorest country Ukraine's corruption-plagued economy has suffered from increased tensions over the possibility of an invasion by Russia.US regulator announces $100 mn fine on crypto lender
The first-ever such case came as the Securities and Exchange Commission (SEC) looks to establish regulatory authority over digital currency services.India to list its largest insurer, set to raise $10bn
India is embarking on the blockbuster listing of the country’s largest insurer as part of a wider privatization drive to bolster public coffers drained by the coronavirus pandemic and fund new infrastructure.Jafza’s AED3.5bn food valley set to attract companies at Gulfood 2022
Jafza is home to some of the world’s leading brands, including Unilever, Nestle, Heinz, McCain, Hunter Foods, Alokozay Group of Companies, Al Khaleej Sugar, Bayara, to name a few.Clashes as Israeli lawmaker visits Jerusalem flashpoint, teen killed
Scuffles had broken out Sunday as Itamar Ben Gvir of the far-right Religious Zionism alliance set up a tent "office" in Sheikh Jarrah.Bangladesh aiming at direct shipping line to UAE for faster connectivity
Bangladesh wants to establish a direct shipping line with the UAE, which will reduce the existing navigation time by two thirds and pave the way for exponential growth in bilateral trade, Bangladesh AK Abdul Momen foreign minister has said. Momen is on a four-day official visit to the UAE. He...Bahrain and Egypt share solid relations: Fawzia bint Abdulla Zainal
Bahrain and Egypt share solid long-standing brotherly relations, and there is steady progress in it due to their deep partnership and coordination in all fields, said speaker of Bahrain's Council of Representatives Fawzia bint Abdulla Zainal during his meeting with Speaker of the Egyptian House of Representatives, Chancellor Hanafy Ali...Russia downplays threat of Western sanctions over Ukraine
Moscow "doesn't give a shit" about the risk of Western sanctions if it were to invade Ukraine, Russia's outspoken ambassador to Sweden told a Swedish newspaper.Dubai Municipality planted on average 466 trees a day in 2021
Dubai Municipality has added 2.83 million square meters of green areas to the city by planting more than 170,000 trees in various locations, as well as along roads and squares in Dubai in 2021. An average of 466 trees were planted per day, 130 percent higher than the initial target,...Cyprus minister blames Turkey for migration ’emergency’
Around 4.6 percent of the country's population now are asylum seekers or beneficiaries of protection, the highest ratio in the EU.Norway vows to increase funding for UNRWA
Norway's Minister has called on other donors as well to increase their funding for UNRWA.Novel crisis: Iran’s booking shrink as US sanctions bite
The price of a book in Iran depends on the fluctuation of its currency as the country relies on paper imports for publishing which must be paid in foreign currency.West Libya defends naming of new PM
An influential figure in western Libya, Mechri accused Dbeibah's government of "fueling a campaign against the parliament and the HCS".Iraq warns its citizens not to fall victim to asylum fraud
The Ministry of Migration and Displacement (MOMD) has warned the Iraqis to avoid falling victim to fraud by companies that deceived them under the title of immigration and asylum.A Syrian city erupts in protest to demand better living conditions
Hundreds took to the streets of a southern Syrian city on Friday to demand better living conditions and democracy in a rare protest inside regime-held areas, a war monitor said.Kuwait launches 2nd edition of initiative for youngsters’ business
Kuwait's Youth Authority on Saturday, February 12, launched the second edition of the ‘professional initiator’ program



















































