Doha, Qatar--Governor of Qatar Central Bank Sheikh Bandar bin Mohammed bin Saoud Al-Thani has called for strengthening joint action among the Arab Gulf states, especially in light of the economic and financial challenges that the world is experiencing in relation with growth, sustainable development, financial stability, and interest rate policies,...

The 50% cash dividend would be to the tune of US$2.12bn.

White Sands, United States - Wesley Burris was fast asleep in bed when the world's first atomic bomb exploded just 25 miles from his front door. A blinding light filled the home in the New Mexico desert, before the impossible force of the blast shattered its windows, spraying glass across the...

The US military command said that its forces shot down one anti-ship ballistic missile and three one-way attack unmanned aerial systems launched from Houthi controlled areas of Yemen toward USS Carney in the Red Sea. Houthis have been attacking shipping in the Red Sea for months over Israel's war on...

Jeddah, Saudi Arabia — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan has emphasized the unanimous rejection of the displacement of Palestinians from the Gaza Strip by the Islamic countries. During his presidential address at the Extraordinary Session of the Council of Foreign Ministers of the Organization of Islamic...

This trend shift reflects not only changing consumer preferences but also highlights the significant potential for regional stories to gain global prominence.

The surge of three GCC nations in the Global Soft Power Index, with UAE leading with a perfect economy score, highlights their global influence and reputation enhancements.

DUBAI, UAE – Dubai Mall welcomed a record 105 million visitors in 2023, a jump of over 19 percent on the previous year’s 88 million, according to latest figures released by the mall on Tuesday. Figures also showed a staggering 20 million people visited the mall in the first two...

GENEVA, SWITZERLAND – Scientists will work to channel the huge emerging power of quantum computers for the common good at a new institute opening in Geneva on Tuesday, its founders said. The Open Quantum Institute is calling on researchers from around the world to pinpoint the most promising future applications for...

New York, United States -- Japanese architect Riken Yamamoto was awarded the Pritzker prize for architecture on Tuesday, the organizers said in a statement, praising his "reassuring style." Highlights of Yamamoto's work include Nagoya Zokei University in Japan completed in 2022, THE CIRCLE at Zurich Airport in Switzerland finished in 2020...

Hong Kong, China - Asian markets largely fell on Tuesday after China set an ambitious five percent annual growth target and Wall Street shares dropped ahead of the release of key US economic indicators. Tokyo finished flat, a day after Japan's benchmark Nikkei index hit a record high, closing above 40,000...

Michael Stuebgen, interior minister for Brandenburg state, said that "if initial findings are confirmed, this is a perfidious attack on our electricity infrastructure".

First documented in 1881, Przewalski's horses have narrowly avoided extinction thanks to breeding programs at zoos worldwide.

More than half a million users across the globe reported issues earlier in the day, with many saying they were booted out of the social media platforms and unable to log back in. The most frequently reported problems by users were with logging into the Facebook app and issues with...

Bitcoin has enjoyed an unbridled rise since the approval of a new type of investment indexed to the cryptocurrency. Since their approval on January 10 by US securities regulators, exchange-traded funds (ETFs) indexed to bitcoin have theoretically enabled a wider public to invest in the cryptocurrency without having to hold...

Riyadh, Saudi Arabia -- The Public Investment Fund (PIF) and Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, Tuesday signed a memorandum of understanding (MoU) to expand cooperation and enable investment opportunities in Bahrain, PIF said. PIF said in a statement that the MoU provides multiple...

Higher utilization rates in Saudi, Egypt fuel revenue growth.

Outstanding Arab women leave a lasting impact in their respective fields, inspire countless individuals, and shape the future of the interconnected domains.

The price range implies a market capitalization of $1.63bn-$1.72bn.

"The progressive momentum generated in the past decade fills us with positivity and reassurance in the Kingdom, where we have seen the first cohort of female lawyers graduate in 2008, the first female lawyers admitted to the courts in 2013, and the first female arbitrator appointed by the Saudi Center...

Facing graft allegations, divisive remarks on NATO and Islam, and widespread protests, his presidency underscores challenges of governing in today's complex geopolitical landscape.

“It highlights the collaborative efforts of various committees, entities, and national bodies, including the Central Bank and the National Committee for Combating Money Laundering, Terrorism Financing, and Financing of Illegal Organizations,” adds Balama, who also chairs the National Anti-Money Laundering and Counter-Terrorism Financing Committee.

The Hamas official said that if Israel were to meet its demands -- which include a military withdrawal from Gaza and stepped-up humanitarian aid -- this would "pave the way for an agreement within the next 24-48 hours". The health ministry in the Hamas-ruled Gaza Strip said at least 90...

Eng. Saad bin Sherida Al Kaabi notes that Qatar has consistently underscored its strong and supportive position regarding natural gas as a crucial component of any energy mix aimed at a realistic transition to low-carbon energy. He further mentioned that Qatar views natural gas as the essential means to achieve...

The UN and other humanitarian actors have not yet declared a state of famine in Gaza, despite worsening conditions in the Palestinian territory. However, "once a famine is declared, it is too late for too many people", said Jens Laerke, spokesman for the UN humanitarian agency OCHA.

Maher praises the Gulf country for its substantial efforts, investments, and innovative ideas that have transformed it into a prime destination for investment and entrepreneurship. She also highlights Doha's role as a nexus between the Middle East and the rest of the world.

"It's over 25,000," US Defense Secretary Lloyd Austin told lawmakers when asked during a House Armed Services Committee hearing for the figure on women and children killed. The United States has backed Israel since the unprecedented Hamas attack in October that resulted in the deaths of around 1,160 people.

"Australia maintains that global food security, climate, and biodiversity targets are unattainable without progress in agricultural trade reform, including the reduction of environmentally detrimental subsidies," he adds while pondering on ways to enhance long-term food security for the most vulnerable.

Abu Dhabi, United Arab Emirates -- A US-led push to reform the World Trade Organization's embattled dispute settlement system sparked divisions at a WTO meeting Wednesday, with India accusing Washington of bringing the trade body to a "standstill". A working session on dispute settlement reform was held on the third day...

In a powerful speech at the first-ever Web Summit Qatar conference, while calling for an immediate end to the war on Gaza, as well as an end to the obstruction of desperately needed aid delivery, she asked: "Why is the killing of some condemned, while the killing of others justified?...

"We believe that enhancing competitiveness and ensuring that the nations offering the best products and services come out on top is more crucial than those offering the largest subsidies," he says, adding that from an economic standpoint, it is widely recognized that subsidies do not lead to the desired economic...

Israel grapples with escalating uncertainty as the Gaza conflict persists, stirring military, political, and economic turmoil alongside rising fears of financial instability.

"It is contributing to raising living standards, improving employment opportunities and enabling the expansion of trade in goods and services" around the world," he adds as the conference celebrates the accessions of the Comoros and Timor-Leste, both classified as least-developed countries.

The resignation of the government in the West Bank comes as several countries, including the United States, have called for a reformed Palestinian Authority that would take charge of all Palestinian territories after the war in Gaza ends. "The next stage and its challenges require new governmental and political measures...

The International Court of Justice entered its last day of week-long hearings after a request from the UN, with an unprecedented 52 countries giving their views on Israel's occupation. The 22 Arab-country bloc's representative, Abdel Hakim El-Rifai, told judges in The Hague that "the failure to bring it to an...

"There's considerable work to be done to establish a level playing field where low-energy technologies can be freely traded. I believe the WTO will be instrumental in this arena as well," adds Tavio. underscoring that the unimpeded trade of clean technologies is essential for achieving climate goals.

Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023 despite significant investments, reveals TRENDS.

ABU DHABI, UAE - The director general of the World Trade Organization, Ngozi Okonjo-Iweala, on Sunday launched a $50 million fund to help female entrepreneurs in developing countries to export more using the opportunities offered by the digital economy. The announcement came ahead of the 13th ministerial conference of the WTO...

"Representatives of Israel, the United States, Egypt, and Qatar met in Paris and came to an understanding among the four of them about what the basic contours of a hostage deal for temporary ceasefire would look like," White House National Security Advisor Jake Sullivan told CNN. "It is still under...

"Investing in youth, inspiring ideas, and transforming them into creative projects is a cornerstone for facing global challenges in many vital sectors," he add while opening the "Seaside Startup Summit UAE 2024" at the Longbeach Campground Hotel in Ras Al Khaimah, which will continue until February 28.

“Japan and the UAE will deepen their cooperation beyond traditional areas such as energy and the economy to include a wide range of fields like climate change, education, science and technology, outer space, and defense, under the ‘Comprehensive Strategic Partnership Initiative’. Such cooperation could expand in the field of international...

"I fear we are on the edge of a monumental disaster with grave implications for regional peace, security and human rights," said Philippe Lazzarini, head of the main aid agency in Gaza, the UN agency for Palestinian refugees (UNRWA). In a letter to the United Nations General Assembly, he said...

Amman, Jordan--Jordan and Oman have signed a raft of agreements to boost direct investment in both the countries. The first memorandum of understanding (MoU), which was signed by the ministries of investment of Jordan and Oman's ministry of trade, industry, and investment promotion, called for cooperation between the two parties...

"The UAE's dedication to innovation and international partnerships as vital to enhancing its position on the global economic stage, bolstering the national economy," he adds, observing significant strides in diversifying the economy beyond oil through investments in tourism, technology, renewable energy, and financial services.

There was "virtual unanimity for the two-state solution as the only possible solution," Brazilian Foreign Minister Mauro Vieira told journalists at the close of a two-day meeting of foreign ministers from the world's biggest economies. "The only reason (Vieira) didn't simply say 'unanimity' is that not every speaker addressed the...

Addressing infrastructure and climate change is crucial for Africa's development, British Robinson, the Coordinator of the Prosper Africa Initiative, tell TRENDS in an interview.

During his meeting with OPEC Secretary General Haitham Al Ghais, Albudaiwi praises the significant efforts of OPEC and its crucial role in maintaining the stability and balance of oil markets and addressing future challenges, in coordination with member states of the bloc.

The UAE's proactive approach is helping it in shaping a dynamic and prosperous future, says UAE's Economy Minister Abdullah bin Touq Al Marri.

"What type of world do we live in when people cannot get food and water, or where people who cannot even walk are not able to receive care? "What type of world do we live in when health workers are at risk of being bombed as they carry out their...

"We continue to capitalize on the promising opportunities in this market through innovative offerings and solutions, while strengthening our substantial presence in the UAE, where we operate more than 60 branches and over 500 ATMs, alongside our strategic markets including Saudi Arabia, Qatar, the United Kingdom, and Iraq," he adds.