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Attack on Gaza’s Rafah inevitable, says Israeli PM
Israeli Prime Minister Benjamin Netanyahu vowed to send ground forces into Gaza's southern Rafah city. The right-wing premier, whose security and war cabinets were also due to discuss latest international efforts towards a truce deal, stressed that "no amount of international pressure will stop us from realizing all the goals...
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UAE participates in G20 Finance Track’s Infrastructure meeting
UAE Ministry of Finance (MoF) participated in G20 Finance Track’s fourth and last Infrastructure Working Group (IWG) meeting for 2022 on September 15 and 16. -
UAE’s TDRA becomes member of global body EFQM
UAE's Telecommunications and Digital Government Regulatory Authority (TDRA) has announced that it has become a member of the European Foundation for Quality Management (EFQM). -
IAEA approves operational safety at Barakah Nuclear Power Plant
An International Atomic Energy Agency team of experts said the UAE's Barakah Nuclear Power Plant (NPP) had strengthened operational safety by addressing the findings of an IAEA safety review mission five years ago. -
Dubai FDI wins UN award for best practices in tracking investments
The Dubai Investment Development Agency (Dubai FDI) at the Department of Economy and Tourism (DET) gained international recognition for its successful efforts in capturing FDI trends and patterns toward positioning the city as a global investment destination. -
Saudi PIF to come out with a debut green bonds issue
Saudi Arabia’s Public Investment Fund (PIF), the sovereign wealth fund at the heart of the kingdom’s reform plans to wean the economy off oil, will tap into international debt markets for a debut green bonds issue in a week or so. -
ADNOC announces $548m contract for Lower Zakum field
Abu Dhabi National Oil Company (ADNOC) Monday announced the award of a US$548 million (AED2.01 billion) contract to build a new main gas line at its Lower Zakum field offshore of Abu Dhabi. -
Clean energy is key for Indonesian economy, says IEA
Indonesia has a viable path to reaching its target of net zero emissions by 2060, bringing major benefits to its citizens in the process such as more secure and affordable energy supplies, according to a new IEA report. -
DEWA’s R&D Center registers patent for robotic carrier
Dubai Electricity and Water Authority (DEWA) 's Research and Development (R&D) Center has registered its sixth patent for a user-friendly robotic carrier to transport and lift solar photovoltaic panels easily from any surface. -
Dubai to host international museums conference in 2025
Dubai has officially begun its journey as the host of the 27th International Council of Museums (ICOM) General Conference 2025 after formally receiving the flag from Prague, the host city of the 2022 edition of the conference. -
Egypt to issue international bonds worth $6 billion
More than a year after it issued bonds for the Japanese market, Egypt intends to issue another tranche of international bonds worth $6 billion this year, according to media reports quoting a government official. -
Egypt looks to borrow $2.5bn in loan to bolster economy
The country's struggling economy needs to urgently secure more foreign currency in its $400 billion economy to plug gaping deficits. -
Over 7mn international visitors in Dubai in H1 2022
Dubai attracted 7.12 million international overnight visitors between January and June 2022, recording over 183 growth compared to the 2.52 million tourists who visited during the same period in 2021. -
UAE maintains reputation as top tourist destination
The UAE continues to maintain its regional and international leadership as a distinguished travel destination and a preferred country for living and working. -
Egypt center’s conference on extremism calls for cooperation
The first international conference by Egypt's Salam Center for Studies of Extremism began in Cairo, with the participation of delegations from more than 42 countries. The participants include senior religious leaders, ministers and representatives of fatwa houses worldwide. The conference, which will continue till June 9, aims to discuss the... -
King of Jordan asks Israel to respect sanctity of Al-Aqsa
King Abdullah stressed that maintaining calm requires Israel to respect the historical and legal status quo in Al Aqsa Mosque. -
UAE and ASEAN review cooperation, discuss regional and international issues
Anwar Gargash, Diplomatic Adviser to the UAE President, discussed cooperation relations with the ambassadors of the member states of the Association of Southeast Asian Nations (ASEAN) accredited to the UAE. The meeting also reviewed the friendship between the UAE and ASEAN countries and ways to develop them across various fields... -
e& of UAE to foray into international markets for growth
e&, the UAE telecom firm, is looking to widen its operations overseas and push growth across all business segments. -
Dubai international pharma exhibition generates deals worth $1.38 bn
The 27th edition of the Dubai International Pharmaceutical & Technologies Conference and Exhibition (DUPHAT 2022) has generated direct and indirect business deals worth AED5.1 billion ($1.38 billion). The largest of its kind in the region, DUPHAT 2022 was held at the Dubai World Trade Centre and featured the participation of... -
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... -
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... -
Dubai plans to attract 50 multi-national companies under a three-year strategy
Dubai plans to attract 50 multinational companies within three years and push the external expansion of 100 companies from Dubai to priority foreign markets within two years, Dubai media office said, citing Dubai International Chamber. The strategy is also aimed at supporting and motivating multinational companies to list on the... -
IATA urges governments to accelerate lifting of travel restrictions
The International Air Transport Association (IATA) urges urged governments to accelerate the relaxation of travel restrictions, saying evidence suggests a minimal impact of travel restrictions on the spread of the virus. IATA called for removing all travel barriers (including quarantine and testing) for those fully vaccinated with a WHO-approved vaccine,... -
Marriott Autograph Collection in Sharjah
Two of Shurooq projects will operate under Autograph brand. -
Europe showcases work on circular economy at Expo 2020
An event at the Expo 2020 Dubai showcased Europe's work for the transition to the circular economy and how it brings together stakeholders from across the spectrum. -
DEWA’s pavilion at Dubai Expo lures visitors in droves
Some 338,833 people visited the pavilion of Dubai Electricity and Water Authority (DEWA) at Expo 2020 Dubai between 1 October 2021 and 31 December 2021. -
Saudi Arabia stresses need for international cooperation to fight corruption
Combating corruption requires cooperation from every person in all societies at all levels in all its forms and manifestations, said Mazen bin Ibrahim Al-Kahmous, President of Saudi Arabia's Oversight and Anti-Corruption Authority. Al-Kahmous was speaking at the ninth session of the Conference of States Parties to the United Nations Convention... -
Saudi Arabia, Egypt sign MoU to enhance anti-corruption cooperation
Saudi Arabia’s Oversight and Anti-Corruption Authority and Egypt’s Administrative Control Authority have joined hands for international cooperation. -
Qatar affirms its commitment to WTO agreements
Qatar has affirmed its commitment to the principles and agreements of the World Trade Organization (WTO), and praised the body's role in consolidating international trade. -
S&P says lackluster tourism to keep Dubai economy down
Although Dubai is set for a ‘modest’ recovery this year on the back of a high vaccination rate in the UAE and fewer Covid restrictions, but a slower rebound in international tourism could be a drag on the economy until the end of 2022. -
In just 10 days of Expo 2020 organizers record more than 400,000 visits
It has been ten days since the Expo 2020 was kicked off in a grand celebration, and so far 411,768 visits have been recorded by the organizers already. -
UAE set to rake in millions from cricket
Come November, the Untied Arab Emirates will be hosting the T20 World Cup, with as many as 16 teams expected to compete in the tournament. -
Saudi defense sector opens up for investment
Saudi Arabia has opened up its defense sector for local and international companies to invest in, and in this direction it will launch a digital platform for investors. -
Kuwait International Bank completes sale of NMC Health debt
Kuwait International Bank said it has completed the sale of its exposure in troubled UAE healthcare group, NMC. -
Drake & Scull net profit vaults to $21.2m in H1
Drake & Scull International (DSI) has reported a net profit of $21.2 million for the first half of 2021. The Dubai-listed firm’s revenue increased to nearly 22 million, a statement to the Dubai Financial Market (DFM) said on Wednesday. -
Drug firms urged to seek UAE advance nod for products
This will allow health authorities a pre-study of the file to issue the marketing approval in the UAE for innovative products and rare medicines once they are approved by one of reference authorities. -
Saudi FM reviews ties with French diplomat in Paris
The two top diplomats discussed issues concerning the Middle East, and the developments in the international arena. The meeting was also attended by the Saudi ambassador to France. -
Mohammed bin Rashid confirms board and advisory council of Dubai International Chamber
It is part of a recent government restructuring to drive a comprehensive economic development in Dubai It also aims to establish Dubai as a global trade hub and a favorite regional destination for global firms The ruler of Dubai, and Vice President and Prime Minister of... -
Bahrain to tap debt market to tide over financial crunch
The last time the Bahraini Kingdom tapped the international debt market was in January, when it raised $2 billion -
UAE to trade in 25 new international markets as economy recovers
UAE’s budget balance improved as its economy recovers It will enter 25 new international markets for foreign trade Boosted by an improved budget balance in the first half of the year, as the economy began recovering from the bruising effects of the Covid-19 pandemic, ruler of Dubai Sheikh Mohammed bin... -
Jordan approves a slew of measures to revive tourism in Petra
Once a great attraction for tourists, the region was badly affected by Covid-19 curbs Among the initiatives approved during a Cabinet meeting include full exemption from licensing fees Dealt a great blow by Covid-19, the Petra region of Jordan, once a great attraction for local as well as international tourists,... -
Aramco disburses in full international trust certificates for $6 billion sukuk
The company issued 30,000 sukuk with a par value of $200,000 each The sale, launched on June 9, was Aramco’s first dollar-denominated sukuk The Saudi oil giant, Aramco, has said that it completed disbursing international trust certificates for $6 billion of sukuk. The company issued 30,000 sukuk with a par... -
Passengers are back on flights as Dubai International Airport is named busiest in May
The airport kicked out London Heathrow from the top spot