Dubai, UAE - As China's outbound tourism steadily rebounds from the pandemic's impact, the Middle East is emerging as a preferred destination for Chinese travelers, alongside traditional hotspots like Thailand and Malaysia.Data from online travel agencies including Ctrip, Tongcheng, Tuniu, Mafengwo, and Zuzuche indicates a significant rise in Chinese tourists...

Clark, Philippines - NASA has kicked off a series of marathon flights in Asia with the world's biggest flying laboratory, in an ambitious mission to improve the models that help to forecast and fight air pollution.Millions of deaths each year are linked to air pollution, and improving the ability to identify its sources...

Hong Kong-- The global Islamic finance market would touch US$4.9 trillion by 2025, according to Yazrin Syakhairi, Malaysian Trade Commissioner at the Consulate General of Malaysia in Hong Kong.Speaking on the sidelines of the Asian Financial Forum (AFF) in Hong Kong, Syakhairi told the Emirates News Agency (WAM) that the...

Abu Dhabi, UAE-- The UAE and Malaysia have signed a memorandum of understanding (MoU) to boost investment cooperation in the digital-infrastructure sector with an emphasis on data centres in Malaysia.The MoU centres on establishing robust and efficient collaboration through the development of bilateral relationships between public and private organisations. The...

Doha, Qatar - Roberto Mancini said on Wednesday that Saudi Arabia fear no team at the Asian Cup and will not try to duck out of a potential last-16 clash with South Korea.The Saudis have already qualified for the knockout rounds after two wins in Qatar and will top Group F...

The aim is to redefine outdoor media advertising in Abu Dhabi.

Prime Minister Anwar Ibrahim in a statement said that ships bound for Israel will also be barred from loading cargo at any port in the largely Muslim Southeast Asian nation with immediate effect. He particularly targeted Israel's biggest shipping firm ZIM. Malaysia's cabinet authorised ZIM to dock its vessels at...

The aim is to stimulate the growth of the halal industry.

Riyadh, Saudi Arabia - Bilateral trade between Saudi Arabia and Malaysia rose 160% in 2022 compared to 2021, revealed the joint statement issued at the conclusion of the visit of Malaysia's Prime Minister, Anwar Ibrahim, to the Kingdom of Saudi Arabia. The statement stressed the importance of continued collaboration to...

Sochi, Russia -.Starting in 2024, travelers from Saudi Arabia, Oman, Kuwait, Malaysia  and Bahrain may no longer need tourist visas to visit Russia,  Deputy Minister of Economic Development Dmitry Vakhrukov said on the sidelines of the FTT-2023 Forum of Tourism Territories, Tass reported."I reckon this could happen next year. We...

Abu Dhabi, UAE - Abu Dhabi Future Energy Company (Masdar), the UAE’s clean energy powerhouse will invest US$8 billion in Malaysia to develop up to 10 gigawatts (GW) of renewable energy projects by 2035.  To this end, Masdar signed an MoU with Malaysian Investment Development Authority (MIDA). The project will include ground...

Malaysia is attracting Arab students and travelers with its top-notch education facilities, affordable living, and a reputation as a leading Muslim travel destination.

AMMAN, JORDAN - Chairman of the Amman Chamber of Commerce (ACC) Khalil Haj Tawfiq said the Jordanian Economic Forum with some countries of Association of Southeast Asian Nations (ASEAN) will be held in March 2024. In a statement on Saturday, he said the agreement to set a date for the...

Thani bin Ahmed Al Zeyoudi, UAE’s Minister of State for Foreign Trade, led the UAE delegation to Jakarta, Indonesia, the host of ASEAN Business and Investment Summit.

As Middle Eastern countries rise economically and their populations grow, Malaysia sees a bigger role in fulfilling the region's growing demand for edible oils and fats.

Abu Dhabi, UAE--Abu Dhabi Future Energy Company (Masdar) and Citaglobal Berhad have signed a memorandum of understanding (MoU) for developing renewable energy projects across solar, battery energy storage system (BESS), wind and other renewable energy technologies.The MoU was signed in Malaysia by Abdulla Zayed, Masdar’s Head of Development and Investment,...

Dubai, UAE - L&T Construction, part of Larsen & Toubro, has secured new orders in Saudi Arabia, Malaysia, and India.The company will construct a ±525kV High Voltage Direct Current (HVDC) transmission segment in Saudi Arabia. This forms part of a large capacity Voltage Source Converter (VSC) based HVDC system, connecting...

Malaysia's Bukit Bintang district offers a delightful fusion of Middle Eastern cuisine and bustling tourist attractions to charm Arab travelers.

Kuala Lumpur,  Malaysia - The Organization of the Petroleum Exporting Countries (OPEC) expects global oil demand to rise to 110 million barrels per day (bpd) by 2045, 23 percent higher than current levels, OPEC Secretary-General Haitham Al Ghais said during the Energy Asia 2023 conference which began Monday in the...

The signing of the UAE-Japan defense cooperation agreement aims to promote transfer of technology, cooperative research, development, and production projects.

Kuala Lumpur, Malaysia-- The UAE and Malaysia are looking to bolster cooperation in the field of energy, in addition to strengthening ties between the two countries.The subject of cooperation in clean energy came up in a meeting between Suhail bin Mohammed Faraj Faris Al Mazrouei, the UAE's Minister of Energy...

Merger of its Malaysian subsidiary with a firm helped.

The index shows that Jordan scored 47 points and is ahead of 119 countries in combating corruption, including Malaysia, China, Bahrain, Kuwait, Turkey and Egypt.

Advanced economies are expected to slow down further this year, while ASEAN-6 economies are more resilient to the current macro scenario and should present robust, mid-single digit growth. Three factors underpin expectations for an above-average outperformance for ASEAN-6 ntions, it adds.

Worldwide acts of piracy fell to their lowest level last year since statistics were first established in 2008, a maritime security body said. The Maritime Information Cooperation and Awareness Center, the France-based branch of the International Maritime Bureau which is headquartered in Malaysia, said there were 300 reported acts of...

Venture would start with two aircraft and expand to 15.

Abu Dhabi, UAE— The UAE President Sheikh Mohamed and the King of Malaysia Al-Sultan Abdullah have witnessed the signing of a concession agreement between ADNOC and PETRONAS for Abu Dhabi’s Unconventional Onshore Block 1. The award to Malaysia’s national oil and gas company launches the Middle East’s first unconventional oil...

KUALA LUMPUR, MALAYSIA - Saudi Arabia on Monday became the sole bidder to host the 2027 Asian Cup after India withdrew its bid. The Asian Football Confederation (AFC) said in a statement that the All India Football Federation had pulled out from the selection. The statement did not provide any...

The bloc's exports of halal products equaled US$275 billion, while their imports totaled US$338 billion last year, says the 2022 Annual OIC Halal Economy Report.

With the rise in demand for low-carbon investments, investors issued $517 billion in green bonds last year, a 50 percent increase over 2020.

Abu Dhabi, UAE---Mubadala Energy has discovered a good quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of Sarawak province, offshore Malaysia. Preliminary analysis shows a significant gas column of more than 110 metres within the pinnacle carbonate reef reservoir. The Cengkih-1 exploration well...

Rosmah Mansor, who was sentenced to 10 years in prison and given a US$216 million fine for graft, has been widely mocked in the past over her reported taste for luxury.

Its collaboration with Malaysia will be in key sectors.

Saudi Arabia and Malaysia discussed cooperation in food security and the promotion of the private sector to benefit from investment opportunities in both the countries. Saudi’s Minister of Environment, Water and Agriculture Eng. Abdulrahman bin Abdulmohsen Al-Fadhli met in Riyadh with Malaysia’s Minister of Agriculture and Food Industries Ronald Kiandee....

Its CEO said the center will store imported edible oil.

The airline will buy 10 planes and lease the 10 others from Avolon.

China said Tuesday that the United States will "pay the price" if House Speaker Nancy Pelosi visits Taiwan during her Asia trip. Pelosi was in Malaysia on Tuesday, the second stop in a tour that has sparked rage in Beijing after reports of a potential Taipei visit.

Secretary-General of the Malaysian Foreign Ministry said Kuwait is an important partner in oil explorations sector, urging closer investment relations between both the countries.

The Saudi Arabian Oil Company has outlined a clear strategy to continue to invest in both upstream and downstream segments, says Rehan Akbar, Senior Vice-President at Moody’s.

The production started by Abu Dhabi-based Mubadala Petroleum.

Saudi companies and government raised $36.9 billion sukuk in 2021, compared to $27 billion in 2020, an increase of 37 percent, and $28.6 billion in 2019, according to S&P Global Ratings In 2021, while the global sukuk issuance reached $$147.4 billion compared with $$148.4 billion in 2020, foreign-currency denominated sukuk...

Singapore's United Overseas Bank will buy the franchises

The Emirate and the visiting Malaysian minister discussed the initiatives that would enhance the industry.

Qatar FinTech Hub was launched by Qatar Development Bank (QDB) with the support of Qatar Central Bank (QCB) to develop the FinTech industry in Qatar.

IILM's Governing Board includes the central banks and monetary agencies of UAE and Qatar as members. It is a regular issuer of short-term Ṣukūk across varying tenors and amounts to cater to the liquidity needs of institutions offering Islamic financial services.

The King has directed the country’s officials to provide Malaysia with aid after the country’s Foreign Minister requested Saudi Arabia for assistance in fighting off the surge in infection.