Saudi and Abu Dhabi crown princes review bilateral relations
Saudi Arabia's Crown Prince Mohammed bin Salman and the Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed reviewed issues of common interest vital to both countries in a phone call.Egypt’s foreign reserves leap up to $40.67bn in July
Egypt's net foreign reserves have risen to $40.672 billion in August from $40.609 billion in July, the central bank said on Monday.Emaar Properties and Emaar Malls get nod for merger
The proposed merger of Emaar Properties and Emaar Malls received a boost when the capital market regulator, Securities & Commodities Authority, gave the go-ahead for the merger of the two companies.Saudi Arabia and Qatar review bilateral relations
In a sign of further improvement in the strained relations between Saudi Arabia and Qatar, Sheikh Tamim Bin Hamad Al-Thani, Emir of Qatar, received on Monday Prince Abdulaziz bin Saud bin Nayef, Saudi Arabia’s interior minister, at the Emiri Diwan in DohaOwn a share of Dubai property for as little as $136
If you are an investor, you can now own a share of Dubai property for as little as $136.American falcon sells for $467,000 in Saudi auction
The falcon was 16.5 inches both long and wide, and weighed 980 grams.UAE seeks $150bn in foreign investments, eyes stronger trade ties in Asia
The United Arab Emirates is seeking to lure $150 billion in foreign investments as part of a broad nine-year plan to strengthen its trade and economic ties in Asia and Africa.UAE to let foreigners ‘live and work’ under green visas
The United Arab Emirates has decided to give out new visas allowing foreigners to settle in the emirates.Bahrain cuts truck wait duration by 15 times
Bahrain’s Customs president hailed importers, traders, and customs agents for the achievement.Three in four in Lebanon are living in poverty: UN body
That number goes up to 5 out of 6 people when one redefines poverty beyond the usual fiscal lines and adds social indicators to it.Kuwait’s equity market gains for sixth consecutive month
DUBAI: Kuwait’s equity market sustained its upward momentum in August as Kuwait All Share index rose 3.1 percent for the month and 22.4 percent for the year, according to Kuwait Financial Centre, Markaz. In its Monthly Market Review report for August, Markaz said the market liquidity in August, as indicated...IsDB’s insurance arm and IFPA sign agri-food pact
DUBAI: To promote agri-food projects and investments, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, and the Islamic Food Processing Association (IFPA), signed an agreement on Saturday. The agreement will provide ICIEC and IFPA a general...AI can save trillions in energy transition
A World Economic Forum study offers a road map and practical recommendations for the energy and AI industries to maximize AI’s benefits.Egypt gained most from Islamic Development Bank in 2020
IsDB also contributed to Covid-19 relief in 2020, where it approved financing of around $2.3 billion.Alibaba shares slide after $15 bn ‘prosperity’ pledge
Daniel Zhang, Alibaba chairman, said the group was "eager to do our part to support the realisation of common prosperity"Dubai sees real estate deals worth AED9.4bn; 146 plots fetch AED2.26bn
The DLD weekly report said 146 plots were sold for AED 2.26 billion, 1,080 apartments and villas were sold for AED 2.25 billionIsrael’s budget passes first hurdle in parliament
The budget proposal was approved in August by the coalition government of Prime Minister Naftali BennettIran discusses oil cooperation with China
Iran is hard pressed to sell its oil to countries across the world due to the sanctions placed by the United States on it.UAE announces 50 national development projects
The projects are expected to lay the foundations for further growth of the UAE.UAE financial organisations under pressure to enhance security: Study
Banks and FSIs come under pressure from government, shareholders, employees and customers as security risks increase during the pandemicIran may see power-supply problems in winter
The Energy Ministry could face serious problems in meeting electricity demand in winter if power plants did not get fuelFour major UAE banks post $4bn net profit in first half
The combined net profit of four major banks in the United Arab Emirates has vaulted to $4 billion in the first half of 2021, up 17 percent compared to the same period last year.Google extends remote work option due to pandemic
Google campuses will remain voluntary globally through Jan 10. Local offices can decide when to ask employees to return to their desks.UAE forms new law to punish erring ministers and officials
Any minister or senior official found guilty of corruption could be relieved of their job.GCC region’s cloud seeding experiments a boon or bane?
UAE is among the first countries in the Middle East to use cloud seeding technology for a project whose trials started in late 1990s.Black Eyed Peas book Oct date for Egypt concert
Events and entertainment company Venture Lifestyle ME is organizing the concert on October 2 in Giza.GDP of OECD economies up by 1.6 percent in Q2
Despite the rise in the GDP of the Organization for Economic Co-operation and Development (OECD) economies to 1.6 percent in Q2 2021 from 0.6 percent in the previous quarter, it still remains below pre-pandemic levels.Syrian workers head home as Lebanon collapses
The World Bank has already called Lebanon’s economic crisis one of the worst in the world since the mid-1800s.Tunisian ex-presidential contender held in Algeria: reports
Senior party official Oussama Khelifi told reporters "official information" was still being awaitedSaudi net foreign assets dip by $4.4bn in July
Saudi Central Bank’s (SAMA) net foreign assets suffered a $4.4 billion drop in July, SAMA data showed on Sunday.Saudi exports leap up 40 percent to $6.2bn in June
Saudi non-oil exports recorded a 40 percent jump, the highest-ever monthly level, in June 2021, touching $6.2 billion.Saudi Arabia and Oman pledge to boost trade ties
Saudi Arabia and Oman have pledged to boost trade and economic ties between the two countries, months after the two neighbors began discussions on how to deepen their relationship.EMotorad starts global journey with e-bike launch in UAE
The brand sees UAE as a major platform to showcase its futuristic products globally7 loyalists killed in strikes on Yemen’s largest airbase
Medics said they received seven bodies and treated more than 50 people injured in the attack on Al-Anad air baseWar-weary Libyans yearn for end to daily blackouts
In the decade since the NATO-backed overthrow of longtime dictator Moamer Kadhafi, repeated outbreaks of fighting have caused heavy damage to the power distribution networkAll fully vaccinated tourists can travel to UAE
Tourists will have to do a mandatory RTPCR test on arrival, according to the National Emergency Crisis and Disasters Management Authority.Philippines-UAE trade rose 32% in first 5 months of 2021
Total trade between the Philippines and UAE already crossed Dh1.3 billion from January to May 2021Saxo Bank reveals a 200% spike in UAE female investors
Women now make up almost 12 percent of Saxo Bank’s active clients for the marketSharjah’s Sewa delivers gas to Kalba, Khorfakkan
Sharjah Electricity, Water and Gas Authority (Sewa) has completed the delivery of natural gas to 112 housing projects in the cities of Kalba and Khorfakkan.Bahrain Bourse forms Disciplinary Appeals Board
Members of the board will be appointed following a resolution from BHB’s board, and approved by the Central Bank of Bahrain.Iraq to rid its power woes with solar energy
Iraq has signed a deal with China to build a set of solar power plants that would produce 2,000 MW of clean, renewable energy for the power-starved, oil-rich country.EU ready to cooperate with Iran
EU Foreign Policy Chief Josep Borrell had a conversation with Iranian Foreign Minister Hossein Amir-Abdollahian in this regard.UAE begins Unit 2 of Barakah Nuclear Power Plant
The United Arab Emirates has unveiled Unit 2 of the Barakah Nuclear Energy plant, located in Abu Dhabi’s Al Dhafra region.Israel gives hospitals $31 million to end partial strike
Finance Minister Avigdor Liberman said the Treasury had transferred the amount to the public hospitals.Iran steel production rises 10% in 2021
The country has kept its position as the 10th largest producer of steel in the world this year.Qatar gets first batch of Boeing F-15 fighter jets
They were produced by the United States and Boeing in partnership with Qatar itself.Saudi Arabia taps Alibaba to help Chinese tourists
Alibaba Cloud is expected to help promote Saudi Arabia as a tourist destination to travelers in the Chinese market.Iran to sell more electricity to Pakistan
Iran at the moment has electricity exchange with Armenia, Azerbaijan, Iraq, Turkmenistan, and Afghanistan.Doctors warn over dangerous viral milk crate challenge
Walking over a pyramid of precariously balanced milk crates can cause head bleed and injury to back that could lead to paralysis.Biden given inconclusive report on COVID-19 origins
The US president had ordered the assessment to find out whether the virus jumped to humans via animals or escaped a research facility in Wuhan.




















































