Qatar and Estonia sign agreement to avoid double taxation
Doha, Qatar--Qatar and Estonia have signed an agreement to avoid double taxation and prevent income tax evasion. The agreement was signed by Minister of Finance Ali bin Ahmed Al Kuwari and Minister of Economy and Information Technology in Estonia Tiit Riisalo. Stressing the importance of the agreement, Al Kuwari said...1200 year old ebony wood poles discovered at Jeddah’s Othman bin Affan Mosque site
Jeddah, Saudi Arabia - The Jeddah Historic District Program has announced the discovery of the two ebony wood poles at the historic site of Othman bin Affan Mosque, dating back over 1200 years to the first and second centuries AH (7th and 8th centuries AD). They have been identified as...Binghatti lists sukuk on Nasdaq Dubai
The debut issue of the company is valued at US$300m.UAE ministry of defense, Masdar to set up solar plants in Abu Dhabi
Abu Dhabi, UAE--The UAE Ministry of Defence and Masdar have signed an agreement to develop multi-solar plants across Abu Dhabi. Emerge, a joint venture between the UAE’s Masdar and France’s EDF Group, will provide a full turnkey solution for the projects, including finance, design, procurement, construction, operations, and maintenance for...Alicia Keys to perform at Saudi Arabian Grand Prix 2024 on March 9
Jeddah, Saudi Arabia - Jeddah is poised to host Alicia Keys, the legendary musician, singer, and multiple Grammy-award winner, at the Jeddah Corniche Circuit Main Stage on March 9. This performance is set to be a highlight of the Formula 1 STC Saudi Arabian Grand Prix 2024 festivities. Alicia Keys...Empowering Arab women Sheikha Bodour’s key focus
Sheikha Bodour Al Qasimi, from the American University of Sharjah, advocates for diversity, inclusion, and continuous learning in leadership roles for women.UN aid official presses for aid delivery to Gaza by land route
The UN aid coordinator for the Palestinian territory Sigrid Kaag said her message to UN Security Council was that the international community must "flood the market in Gaza with humanitarian goods" and "re-energize the private sector" so more commercial goods can enter to meet civilians' needs.Biden orders US military to set up temporary aid port in Gaza
In the wasteland of Jabalia, northern Gaza, Palestinians gathered to receive meals at a distribution point. "There is no gas to cook our food on. There is no flour or rice," said Bassam al-Hou, standing beside large, blackened cooking pots among the rubble.Burjeel Holdings net profit up
The company’s 2023 annual revenue rises to US$1.2 billion.US President orders military to set up a port in Gaza for aid, say officials
President Joe Biden will tell Congress that he has ordered the US military to set up a port in Gaza to get more humanitarian aid by sea, senior US officials said. The announcement will not involve any US boots on the ground in the Palestinian enclave, as military personnel will...Israeli troops ‘likely’ fired on journalist in Lebanon, says report
Paris, France - An Israeli tank crew who killed one journalist and wounded six others in Lebanon in October then "likely" opened fire on them with a machine gun, an expert report said on Thursday. The strike in southern Lebanon near the Israeli border on October 13 instantly killed Issam Abdallah,...UN agency exhorts Israel to allow port for Gaza aid transfer
Rome, Italy - The UN's food agency on Thursday said it was pressing Israel to allow it to use the Ashdod port north of Gaza to make it easier to reach starving Palestinians. "We have several requests with the Israelis," World Food Program (WFP) Deputy Executive Director Carl Skau told AFP in...Hamas expresses dissatisfaction over Israel’s stance on Gaza truce
A senior Hamas official confirmed that the group's delegation in talks seeking a Gaza truce left Cairo for consultations in Doha, while voicing dissatisfaction with Israel's responses. "We are awaiting the final official response from the enemy (Israel)," said the official, who was involved in negotiations in Cairo but declined...Saudi Arabia transfers 8% Aramco stake to PIF-owned firms
Saudi Arabia said it transferred an additional eight percent stake from oil giant Aramco to firms owned by the kingdom's PIF sovereign wealth fund, according to state media. Aramco is the main source of revenue for Crown Prince and Prime Minister Mohammed bin Salman's ambitious economic and social reform program...Gaza confirms Israel returned 47 exhumed bodies of Palestinians
Palestinian Territories - Gaza's Hamas-run government media office said on Thursday that Israel had returned dozens of bodies that had been exhumed from graves in the besieged territory in recent weeks. Israeli forces have on several occasions taken bodies from Gaza to Israel for examinations as they look for hostages seized...Indian man fighting for Russia against Ukraine killed in action
New Delhi, India - India's embassy in Moscow has confirmed the death of a citizen recruited by the Russian army, days after a relative told AFP he had been sent to fight in Ukraine. Two years after Russia's invasion began, tens of thousands of its soldiers have been killed in Ukraine...‘UAE leads humanitarian efforts in Gaza, seeks truce’
“Following the outbreak of the crisis between Palestinians and Israelis, the UAE initiated extensive diplomatic efforts at all levels to restore peace, focusing primarily on easing the humanitarian crisis, protecting civilians, and preserving infrastructure. The UAE insists on the immediate creation of humanitarian corridors for delivering urgent relief aid,” she...Nationwide offers to buy Virgin Money
Nationwide has offered US$3.7 billion for Virgin Money.Lufthansa profit spikes in 2023
Its net profit shot up to US$1.82bn as demand booms.Despite oil riches, Libyans hit by plummeting purchasing power
Libya earns around $20 billion per year in net revenues from oil and gas exports, which accounts for around 95 percent of state revenue. Much of this wealth pays for a bloated public sector that employs almost one third of the population, as well as for state subsidies meant to...Reincarnation and realpolitik: Dalai Lama’s succession dilemma
Tibetan activists are keenly aware that his death will mark a major setback in his push for more autonomy for the Himalayan region. It would deprive the cause of a Nobel Prize winner whose moral teachings and idiosyncratic humour have made him one of the world's most popular religious leaders.Saudi tech show LEAP 2024 to close on ‘record-breaking’ note
Riyadh, Saudi Arabia--The biggest tech show in the Middle East, LEAP 2024, hosted by Saudi Arabia in Riyadh, is preparing for what organizers are terming as "record-breaking" final day with more announcement of investments expected to be made on the occasion. Abdullah Al-Swaha, Saudi minister of communications and information technology,...AI tools still permitting political disinfo creation, NGO warns
The success of ChatGPT, from Microsoft-backed OpenAI, has over the last year ushered in an age of popularity for generative AI, which can produce text, images, sounds and lines of code from a simple input in everyday language. It said that Midjourney had "performed worst" on its tests, "generating election...US vows to hold Houthis ‘accountable’ for deadly strike
The Houthi rebels have been defiantly hitting ships in vital commercial waters in professed solidarity with the Palestinians as Israel pounds Hamas-ruled Gaza in response to the October 7 attack. Asked if the latest attack showed a failure of the US and UK strikes on the Houthis, Miller said, "We...European tourists make a beeline for Sharjah as 400,000 visit in 2023
Sharjah, UAE-- Nearly 400,000 visitors from Europe have traveled to Sharjah during last year, marking a notable 28 percent increase compared to the previous year, with Europeans constituting 27 percent of the total visitor count. Sharjah Commerce and Tourism Development Authority (SCTDA) made the announcement during its press conference on...Saudi Arabia unveils its man shaped AI robot Mohammad
Riyadh, Saudi Arabia - Saudi Arabia unveiled its first male humanoid robot ‘Muhammad’ during the second edition of DeepFast in Riyadh which kicked off at the Riyadh Exhibition and Convention Centre in Malham on Monday. A 7-second video of the robot is now viral. In it, the reporter Rawya Kassem,...China top diplomat terms war in Gaza a ‘disgrace for civilisation’
The foreign minister said that the catastrophe in Gaza once again reminded the world that "the fact that the Palestinian territories have been occupied for a long time can no longer be ignored." Beijing has been calling for an immediate ceasefire since the start of the current Israel-Hamas war in...UAE astronauts AlMatrooshi and AlMulla graduate in space program at NASA
Dubai, UAE - The Mohammed Bin Rashid Space Centre (MBRSC) on Tuesday announced the graduation of Emirati astronauts Nora AlMatrooshi and Mohammad AlMulla from the 2021 NASA Astronaut Candidate Class training program in a ceremony held at the Johnson Space Center in Houston, USA. The milestone marks the culmination of...Dubai Chambers, DP World partner to lure global investment to the emirate
Dubai, UAE--Dubai Chambers has signed a memorandum of understanding (MoU) with DP World to enable the chambers to leverage DP World’s global network to establish and host international representative offices at the group’s facilities around the world. The partnership aligns with the goals of the Dubai Global initiative launched by...Envoys push for Gaza truce before Ramadan begins next week
While negotiators in Cairo tried to surmount tough stumbling blocks, fighting again raged in Gaza where the UN warns famine looms and desperate crowds have stopped and looted food aid trucks. Gazans were waiting to collect bags of flour outside an office of the UN agency for Palestinian refugees, UNRWA,...Women playing key role in educational innovations
Arab women have significant impact in shaping educational practices by embracing technology and student-centered learning, says Aziza Ellozy of The American University in Cairo.Bulk carrier hit by missile from Yemen, crew says three dead
An anti-ship ballistic missile struck the Barbados-flagged, Liberian-owned M/V True Confidence, after which its crew reported "three fatalities, at least four injuries, of which three are in critical condition, and significant damage to the ship", the US Central Command (CENTCOM) said in a statement.Israel to start building 3,500 settler homes in occupied West Bank
The administrative step forward comes after Finance Minister Bezalel Smotrich last month vowed to expand settlements, in response to Palestinian gunmen killing an Israeli civilian and wounding several others in the West Bank.18 killed in suspected IS attack on Syria truffle hunters: Monitor
Beirut, Lebanon - Gunmen thought to be linked to the Islamic State group in Syria killed 18 people searching for truffles in the desert Wednesday, a war monitor said. More than 50 people remained missing after the attack that saw heavy clashes with pro-government forces, the Syrian Observatory for Human Rights...US all set for Biden-Trump rematch as Haley bows out of race
Pointedly declining to endorse the man she has portrayed as chaotic and mentally incompetent, former UN ambassador Haley said Trump would have to earn the support of moderates who backed her longshot campaign. Her withdrawal leaves America facing a battle for the White House between two elderly men that many...Man vaccinated for Covid 217 times shows no side effects
Paris, France - A German man who deliberately got vaccinated for Covid-19 a whopping 217 times did not report any side effects from his many jabs, according to researchers studying possibly the "most vaccinated person in history". The immune system of the 62-year-old man from the central German city of Magdeburg...Investments approach $13bn as LEAP 2024 hits halfway stage
Riyadh, Saudi Arabia -- After announcing a staggering US$11.9 billion of investments on Monday, LEAP 2024, the world's most attended technology exhibition, unveiled another raft of investments totaling over US$888 million on Wednesday. The investments at LEAP 2024, which runs until March 7 at Riyadh Exhibition and Convention Centre in...2023 deadliest year in a decade for migrants, says United Nations
"The 2023 death toll represents a tragic increase of 20 percent compared to 2022, highlighting the urgent need for action to prevent further loss of life," the IOM said in a statement. Last year's total surpassed the previous record reached in 2016, when 8,084 people died during migration.Egypt’s IMF loan increased by $5bn after central bank floats pound
The agreement, announced by Egyptian Prime Minister Mostafa Madbouly and the IMF's mission chief for Egypt, Ivanna Vladkova Hollar, came hours after the country's central bank hiked interest rates and said it was floating the pound. By the time the markets closed on Wednesday, the Egyptian pound was trading at a...SEC 2023 net profit $2.74bn
The company's board announces a dividend of $775 million.Arcapita Capital closes $500m fund
The fund saw participation from leading sovereign wealth funds.BRICS to create blockchain-based payment system: Kremlin aide
Moscow, Russia – BRICS will work to create an independent payment system based on digital currencies and blockchain, Kremlin aide Yury Ushakov said on Tuesday. "We believe that creating an independent BRICS payment system is an important goal for the future, which would be based on state-of-the-art tools such as...Gold, bitcoin pull back from records as US stock markets slip
On Wall Street, the Dow and the S&P 500 both finished 1.0 percent lower, while the tech-rich Nasdaq composite ended the day down 1.7 percent, pulled down by firms including Apple and Tesla. Despite the gloomy trading day in New York, US stock indices are still up sharply on the...Trailblazing women transform finance in Arab world
Extraordinary Arab women are breaking barriers and setting new precedents in the traditionally male-dominated sectors of banking, finance, and investments.ASEAN, Australia call for ‘immediate and durable’ ceasefire in Gaza
Southeast Asia is home to about 40 percent of the world's Muslim population, and ASEAN heavyweights Indonesia and Malaysia are staunch supporters of the Palestinian cause. But other influential ASEAN nations such as Singapore have closer ties with Israel -- and are less eager to stoke controversy.Toyota to invest US$2.2bn in Brazil
The automaker will beef up production of hybrid vehicles.‘Culture and arts bridge global understanding’
"They help to build and fortify important bridges between countries and peoples. Culture and the arts allow us to celebrate the principles and values that unite us across national and cultural boundaries and highlight our common aspirations and pursuits,” the minister adds while speaking at the event in the UAE's...‘You’ve got to finish the problem’: Trump supports Israel’s war
The fighting began with an attack by Hamas on southern Israel on October 7, resulting in about 1,160 deaths, most of them civilians, according to an AFP tally based on official Israeli figures. Israel's retaliatory offensive in the Gaza Strip has killed 30,534 people, mostly women and children, according to...OpenAI denies Musk’s ‘betrayal accusations, plans legal dismissal
OpenAI captured the public imagination in late 2022 with the release of its chatbot ChatGPT, which can generate poems and essays and even succeed in exams. OpenAI has received about $13 billion in investment from Microsoft in recent years, and both companies market AI services to developers and individuals.Trump comes close to ‘Super Tuesday’ clean sweep: US networks
The former president, bidding for a sensational White House comeback after being unseated by Democrat Joe Biden in 2020, hopes to take home an almost-decisive haul of delegates on Tuesday in his march to the Republican Party nomination. Alabama, Arkansas, Colorado, California, Maine, Massachusetts, Minnesota, North Carolina, Oklahoma, Tennessee, Texas...




















































