- Tokyo, Japan -- Japan will from January attempt to extract rare earth minerals from the ocean floor in the deepest trial of its kind, the director of a government innovation programme said Thursday. Earlier this week the country pledged to work with the United States, India and Australia to ensure...
QatarEnergy, partners announce oil discovery offshore Namibia
The consortium partners comprise QatarEnergy, Shell and National Petroleum Corporation of Namibia "NAMCOR".Jordan looks to reform old tax system to propel growth
Jordan is looking to reform its old tax system in order to pave way for growth in national economy. In this regard members of the Jordan Economic Forum (JEF) presented many ideas during a virtual JEF dialogue session held recently.Lebanon women get FAO grants to fund their businesses
Four women groups from the South, the North, Mount Lebanon, and the Bekaa received grants.Amman, Doha discuss creating job opportunities for Jordanians
The meeting was participated by the ministers of education, higher education, tourism, interior, health, digital economy, investment etc.Meta debuts ‘personal boundary’ tool to curb harassment
Horizon's anti-harassment feature makes an avatar's hands vanish if it tries to inappropriately touch another virtual character.Dubai South attracts 700 new companies by end of 2021
The total number of companies operating out of Dubai South reached 4,600, attracting more than 700 new companies by the end of 2021. Also, the total number of people working out of Dubai South was expected to reach 20,848 individuals by the end of 2021. Dubai South, the largest single-urban...Denmark court convicts Iranians of spying for Saudi Arabia
A Danish court on Friday convicted three leaders of an Iranian Arab separatist group based in the Scandinavian country of spying for Saudi intelligence between 2012 and 2020.Bahrain makes second booster jab available for people aged 60 and above
Bahrain has made a second Covid-19 booster shot available by choice for adults aged 60 years and above and frontline medical professionals. The National Medical Taskforce for Combatting the Coronavirus said the eligible individuals may receive any vaccine as a second booster shot, three months after receiving the first booster...Oman signs three agreements worth $244m with Saudi Fund for Development
Oman has signed three agreements RO 94 million ($244 million) with the Saudi Fund for Development (SFD) for supporting SMEs and infrastructure development. The first MoU dealt with supporting small and medium enterprises (SMEs) through a soft loan portfolio of RO 57.6 million catering to SME projects in governorates. The...Association of Iraqi Banks, Federation of Egyptian Banks sign MoU
The MoU was signed by the president of the association, Wadih Al-Handal in the presence of the Governor of the Central Bank Mostafa Ghaleb.Non-Jordan investors buy less, sell more at Amman bourse
The net of non-Jordanian investments during January 2022 showed a negative value of JD5 million ($7.05 million).UAE to host International Conference on Space Operations next year
The Mohammed Bin Rashid Space Center (MBRSC) announced that it will host the 17th International Conference on Space Operations (SpaceOps 2023) for the first time in Gulf region, local media reports said. The conference will be held at the World Trade Centre in Dubai, UAE from March 6-10, 2023. Themed...Middle East Energy Event to address future of energy transition
The Middle East Energy Event (formerly Middle East Electricity) will be held at Dubai World Trade Center from 7th-9th March. The event will address the future of the energy transition and discuss the opportunities surrounding green hydrogen in the region, local media reports said. According to a report by consultancy...Abu Dhabi Judicial Department sells 787 cars for $5 million at auctions
The Abu Dhabi Judicial Department (ADJD) has organized five-car auctions at the Al Mafraq vehicle impound area over the past three months in which 787 cars of different types were sold. The vehicles were sold at competitive prices ranging from AED2,000($544.51) to 255,000($69424.77) and yielded a total of AED18.5m ($5m)...GACA and Oracle sign MoU to steer digital transformative initiative
Saudi Arabia’s General Authority of Civil Aviation (GACA) has signed an MoU with Oracle to develop and support a roadmap for digital acceleration using Oracle cloud services in GACA’s digital transformation initiative. The memorandum was signed on the sidelines of the Global Tech Conference "LEAP" held in Riyadh. It includes...South Africa tax authority uncovers $1.8 bn gold scam: report
South Africa's tax authority has uncovered a 1.8-billion-dollar gold scam, in which coins and jewelry were illegally smelted into gold bars for sale overseas, a watchdog said Thursday. Between 2012 and 2020, the scammers bilked the government for 24.4 billion rand (1.8 billion dollars, 1.4 billion euros) by defrauding the...Turkey inflation surges to near highest in 20 years
Independent data collected by Turkish economists suggested that the annual rate of inflation rose to more than 110 percent in January.Jordan trade chamber, Egyptian envoy talk economic cooperation
The two countries discussed reducing obstacles facing the two-way flow of imports into the countries and enhancing trade and economic relations.Erdogan eyes Ukraine summit with Putin on Kyiv visit
The veteran Turkish leader's talks with his Ukrainian counterpart Volodymyr Zelensky come with Kyiv hesitant to accept US warnings that President Putin is preparing to invade.Iraq struggles to transform Saddam Hussein’s crumbling palaces
Iraq is struggling to transform hundreds of palaces built and used by former dictator Saddam Hussain.Digital Cooperation Organization launches Startup Passport at LEAP
The Digital Cooperation Organization (DCO) has announced the launch of the DCO Startup Passport to make it quicker, easier and less expensive for startups to do business across borders, local media reports said. This opens up potentially lucrative markets with a combined population of more than half a billion people...‘Skills Bahrain’ set for launch, expected to meet labor market demands
Tamkeen, a semi-autonomous Bahraini agency, has said that the “Skills Bahrain” initiative is all set to be launched in the country. "Skills Bahrain" is the first comprehensive national initiative aimed at establishing professional standards for vocations and professions in Bahrain. It meets the rising demand for qualified nationals across a range...Turkey attacks Kurdish targets in Iraq and Syria
Turkey has launched deadly strikes against Kurdish targets in Iraq and Syria, where Kurdish forces were still reeling from the largest Islamic State group attack in nearly three years.Aramco officially launches $1 billion Venture Capital fund Prosperity7 Ventures
Saudi Aramco has officially launched Prosperity7 Ventures, a $1 billion Venture Capital fund. The fund has been operational for over a year but was launched officially on Tuesday by Aramco Chief Technology Officer Ahmad Al-Khowaiter during the LEAP 22 technology conference in Riyadh. Prosperity7 is designed as a global financial...Omicron sub-variant found in 57 countries : WHO
The fast spreading and heavily mutated Omicron variant has rapidly become the dominant variant worldwide since it was first detected in southern Africa 10 weeks ago.Wildlife revives in ‘dead zone’ of Cyprus
The abandoned village of Cyprus became a "haven" for rare plants and animals as well as a "wildlife corridor" that links otherwise fragmented environments right across the island.Low-key Beijing 2022 Olympic torch relay kicks off
More than 1,000 torchbearers will carry the flame through competition areas in Beijing and the neighbouring city of Zhangjiakou.Iraq confirms distributing residential lands under Dari initiative
Iraqi Prime Minister Mustafa Al-Kadhimi has directed contracting with investment companies to build infrastructure in the areas where residential land will be distributed as part of the Dari initiative. The Iraqi General Secretariat of the cabinet confirmed this on Tuesday. "The process of handing over plots to those covered by...Sharjah Shopping Promotions sees 40 percent more shoppers this season
The Sharjah Chamber of Commerce and Industry (SCCI) has seen off another season of the 48-day "Sharjah Shopping Promotions" campaign. It resulted in an increase in the sales of the participating malls and stores, and lucrative profits for the retail sector and other business sectors. The volume of purchases throughout...Second instalment of Sunref energy program launched in Palestine
Bank of Palestine (BOP) and Proparco in cooperation with the EU have jointly announced the signing of Sunref II Green Program after successfully completing Sunref I, local media said. The purpose of SUNREF Green Finance Program is to provide solutions to promote energy efficiency and renewable energy projects for the...DP World begins construction of Banana Port in Democratic Republic of Congo
DP World and Government of the Democratic Republic of the Congo (DRC) Tuesday laid the first stone to mark the start of construction of the new Banana Port. The ceremony was attended by Félix-Antoine Tshisekedi, President of the DRC, and Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP...Oman and Finland seek to boost business ties
Oman and Finland are looking to boost cooperation between the private sectors of two countries, particularly in the fields of industry, technology and services.Silal to deploy IoT sensors in 100 farms for improving productivity
Silal, Abu Dhabi-based food and agritech company, in collaboration with Hoogendoorn, one of the world’s innovators in horticulture, on Tuesday launched the Digital Agronomy Service, which will see deployment of IoT sensors in 100 farms over the course of 2022. This project is aimed at enabling local farmers and advisors...UN extends its Libya mission for three months
The UN Security Council on Monday adopted a British-drafted resolution extending its political mission in Libya for just three months, after several days of a standoff between the United States and Russia.Oman and Syria agree to boost cooperation ‘in all fields’
The foreign ministers of Syria and Oman have held discussions on how to promote cooperation between the two countries on issues of common concern.Arada awards $87m housing contract in Aljada project
Arada has awarded an AED322 million ($87m) contract to build eight premium apartment buildings in Aljada, the AED24 billion lifestyle megaproject in New Sharjah. The eight Tiraz buildings form part of Naseej District, the new creative neighborhood at Aljada, containing 920 homes. The contract was won by Mohammed Abdulmohsen Al-Kharafi...KSA, Iraq sign MoU on agricultural, livestock, fisheries cooperation
The MoU was concluded during the preparatory and ministerial meetings between the two sides.Lebanon power cuts turn cafes into coworking spaces
For the patrons filling Beirut's cafes these days, the most important things are good lighting and stable wi-fi.WHO warns of Covid medical waste threat
The extra waste is "threatening human and environmental health and exposing a dire need to improve waste management practices", the UN health agency said.IMF and World Bank delay annual meet again
The annual meetings set to take place in Morocco will be held in Washington.Committed to two-state solution, US tells Palestine
US Secretary of State Antony Blinken spoke with Palestinian Authority President Mahmoud Abbas on Monday, January 31.Egypt finalizes pact with Siemens to run high-speed train line
Egypt’s Ministry of Transport will sign a contract with Siemens to implement the second high-speed train line in the country. Media reports said the new line will extend from October 6 city to Aswan, with a length of 925 kilometers (575 miles approx.) The ministry has finalized negotiations with the...Saudi defense company AEC to display modern technology at LEAP
The Advanced Electronics Company (AEC), a Saudi Arabian Military Industries (SAMI) company, will participate in LEAP technology conference, a global gathering for technology future and emerging experts. Saudi media reports said that AEC will display a complete range of solutions, systems, and products, including its flagship Data Diode, a next-generation...Abu Dhabi Chamber and Mauritius EDB sign trade agreement
The Abu Dhabi Chamber of Commerce and Industry has signed a cooperation agreement with the Economic Development Board of Mauritius (EDB) to further deepen the economic and trade relations between the two countries. The agreement will establish a framework for developing stronger business relations between the parties and cooperation procedures...IACE President warns Tunisia as a state can collapse
The President of the Arab Institute of Business Leaders (IACE) Taieb Bayahi has warned that Tunisia as a state could collapse.Jordan signs Japan deal for AI-enabled support software
The two sides agreed on the project's overall framework, in addition to a draft accord detailing initial implementation phases.Qatar Financial Center’s systems benefit aircraft leasing firms: CEO
The Center’s proximity to the most important leading airlines in the world and its wide network of destinations make it an ideal destination for aircraft leasing companies, says Yousuf Mohammed Al JaidaOman, Finland explore boosting trade, investment cooperation
The meeting explored the available opportunities in the two countries, particularly in the fields of tourism, industry, research, mining and economic diversification sectors.Bahrain foreign minister, Turkish counterpart discuss ties
Dr. Al Zayani welcomed his Turkish counterpart, praising the friendly relations between the two countries.Israel strikes on Hezbollah near Damascus
Israel has carried out hundreds of air strikes on Syrian territory since 2011, targeting government positions as well as Hezbollah fighters.




















































