- Tehran, Iran - Iran on Monday announced a turnout of 41 percent in last week's elections for parliament and a key clerical body -- a record low since the 1979 Islamic Revolution, according to voting records. Conservatives were reported to have secured the bulk of seats in Friday's elections for the...
Doomed by pandemic, Makkah’s hotels can finally see light
Stung by the lockdown and lack of pilgrims traveling from around the world to Islam’s holiest site, Makkah’s hospital industry sees business returning in next two years.BCCI announces remaining IPL match schedule across UAE
The 31 remaining matches of this year’s IPL will be spread across Abu Dhabi, Dubai, and SharjahAfrica Oil Week temporarily moved to Dubai for 2021 edition
The Hyve Group will shift Africa Oil Week 2021 to Dubai from the usual venue of Cape Town in South Africa.Lebanon may not be able to handle next Covid-19 wave
A top hospital manager has said Lebanon’s medical facilities are unprepared for the next wave of Covid-19 casesTunisia sees significant tourist influx despite rising Covid-19 cases
Tourists are flocking to Tunisia despite the country seeing its biggest surge in the number of Covid-19 cases and deathsLebanon hospitals say they are running out of fuel for life-saving equipment
Hospitals in Lebanon have warned they are running out of fuel to operate life-saving equipment as power cuts continueSmart cards and robots: Saudi Arabia’s ‘digital hajj’
The digital system also allows the authorities to guide the tens of thousands who attend the annual event, which in years past has at times been marred by deadly stampedes and accidentsQatar re-opens for fully vaccinated international travelers
Qatar has reopened its borders for fully-vaccinated international travelers, but there are some conditionsSaudi Arabia bans citizens from traveling to Indonesia as Covid cases surge
Saudi Arabia on Wednesday barred its citizens from travelling to Indonesia due to the surge in Covid-19 cases thereUAE sends 300,000 COVID-19 vaccine doses to Comoros
The UAE has sent 300,000 doses of the Covid-19 vaccine and 9 tons of medical supplies to ComorosSaudi Arabia makes 2nd vaccine mandatory for those travelling abroad
Saudi citizens will from August 9 be allowed to travel abroad only after the second dose of the Covid-19 vaccineKuwait working on law to tap a $700-bn fund to help balance budget
Kuwait Investment Authority, which manages the fund, expects the fund's durability will not be affected by withdrawalsADCB’s H1 net profit surges 76% to AED 2.524 billion
Abu Dhabi Commercial Bank has reported a 76 per cent jump in first-half net profit to AED2.524 billion on the back of higher fee income, lower cost of funds and improved cost to income ratio.Hoping to defy Covid-19 anxiety, Egypt to restart flights to Africa
In a meeting with EgyptAir officials, the country’s civil aviation minister stressed for promoting the airline’s sales in light of the pandemic’s impact on global travel The airline, to begin with, will fly to destinations in Ghana and South Sudan, and then spread the network to other nations in the...Trade between UAE, Bahrain vaults 75% to $672 million in Q2
Only Saudi Arabia traded more with Bahrain, with the total value reaching $781 million during the quarter Oman was followed by Kuwait, which recorded $99 million in bilateral trade in Q2 There has been an unexpected surge in trade between the United Arab Emirates (UAE) and Bahrain in the second...Audi Middle East H1 sales rise 37%
Audi Middle East has posted a 37% increase in sales in the first half of 2021.Digital Payments in Egypt and Saudi Arabia rising, with push from pandemic
Analysts at Jordan-based Arab Advisors Group have said digital payments in Egypt and Saudi Arabia are on the riseAbu Dhabi implements comprehensive action plan for Eid Al Adha
The Abu Dhabi Waste Management Centre, or Tadweer, now has a comprehensive sanitation plan for Eid Al AdhaSaudi minister inaugurates projects, initiatives worth $8.35 million for pilgrims
Saudi Arabia on Thursday inaugurated several projects in Jeddah worth SAR 31.32 million ($8.35 million) to help Hajj pilgrimsGlobal economy to grow fastest in 40 years in 2021: Report
Advanced economies, especially the US, drive forecast upgrade as they are expected to grow by 5% in 2021World hunger surges to 15-year high as COVID-19 stifles food access
As many as 811 million people – about a 10th of the global population – were undernourished in 2020, a UN report said.Qatar to resume issuing family, tourist visas from July 12
The decision is based on the recommendations of the Ministry of Public Health following the Covid-19 developments The move is within the framework of the country’s approved travel policies Qatar’s interior ministry has been quoted by local reports as saying that the country will resume the issuance of family and...Aramco to continue sales of assets in next few years: report
Aramco official says sales to continue irrespective of market conditions The company calls sales a strategy meant to create value and efficiency Saudi Aramco is planning to raise tens of billions of dollars by selling more assets in the coming years, a report said. The largest oil company in the...Covid-19 tourism losses could cut Middle East GDP by 3.1 percent: UN
Pandemic-induced economic impact on tourism could top $4 trillion Lack of widespread vaccination in developing countries leading to mounting losses Middle East economies could face a GDP loss of up to 3.1 percent from the reduction in tourism due to pandemic while the global economic impact could top $4 trillion,...Germany hopes return of pre-pandemic level Saudi tourist arrivals
Germany recorded 1.6 million overnight stays from the Gulf region in 2019 A campaign aims to inspire travelers to journey off the beaten track this summer Undaunted by the dipping level of tourists from Saudi Arabia due to the Covid restrictions, Germany hopes to encourage travelers from Saudi Arabia in...51% MENA businesses face financial crime risks: Refinitiv
Growth in digitalization has led to an increased risk of cybercrime Risk and compliance practices may fall short of global standards More than half of the Middle East and North African (MENA) businesses face new financial crime risk challenges triggered by the pandemic, a new report by global data provider...Emirates NBD expects UAE GDP to grow by 1.5 percent in 2021
Revenues to grow 12 percent on higher oil prices and taxes A 7 percent increase in total government expenditure also likely Dubai’s biggest lender Emirates NBD expects the UAE’s GDP to grow at 1.5 percent this year, with the non-oil sector growing at 3.5 percent, slightly lower than the UAE...UAE, Oman to host T20 World Cup as cricket continues to move out of India
ICC cited the effects of the second wave of Covid-19 in India for its decision The tournament will now be held from October 17 to November 14 across three stadiums n the UAE and one in Oman The International Cricket Council announced on Tuesday, June 29, that the Men’s...Austria to welcome more GCC travelers from July 1
Austria will open border for tourists from all across the world, including GCC, from July 1 The move comes as the European country post looks to implement a post-Covid-19 strategy Austria has announced that it will open its border for tourists from all across the world, including those in the...Digitalization, sustainability top priorities of Middle East consumers
PwC Middle East claims consumers in the region value digitalization and sustainability the most 58% of Middle-East consumers say they have become more optimistic about the economy Accounting firm PricewaterhouseCoopers’ regional arm PwC Middle East, in a survey, claimed that consumers in the region value digitalization and sustainability the most,...46% UAE consumers expect effects of pandemic to last another year
Increased vaccinations, protective measures, contactless in-store experience key to rebuilding UAE consumers' confidence 73% of consumers admit to have changed their shopping habits to adapt to the 'new normal' About 46 percent of UAE consumers expect the effects of the Covid-19 pandemic to last at least another year, according to...Study puts UAE food & beverages sector at ‘medium risk’
Key challenges faced by the UAE food and beverages sector are limited pricing power, a surge in transport costs, and intense competition within the local supply chain segments The UAE imports 90 percent of its food and beverages sector needs Key challenges faced by the United Arab Emirates (UAE), which...Mastercard study: Majority of UAE SMEs confident about growth
SMEs identify easier access to funding, digital payments, training and upskilling staff as key drivers of growth Rising cost of doing business worries the majority Confidence of Small and Medium Enterprises (SMEs) in the UAE is on the rise after the disruptions caused by the Covid-19 pandemic, says a Mastercard...Turkish resort frets over second lost summer
Tourists have stayed away from Bodrum due to the pandemic In 2019, Bodrum airport welcomed a record 4.34 million tourists to a city dubbed the "Turkish Saint-Tropez" The Russians are finally coming but the mayor of this empty Turkish resort doubts their converted rubles will save what looks to be...Those spreading rumours against Covid-19 vaccine will be punished: Oman health minister
He said most people who died of Covid-19 in the country in April were not vaccinated Oman has seen more than 257,000 Covid-19 infections, 2,848 deaths Oman’s Health Minister Ahmed Mohammed al-Saeedi told the country’s Supreme Committee on Thursday, June 24, that those who spread rumours against the Covid-19 vaccine...Dubai to adopt WELL Health-Safety Ratings for buildings that are JOPs
DLD, through RERA, has reached an agreement on this with the International WELL Building Institute The rating system includes 22 strategies to do things like help keep spaces clean and sanitized, provide essential health benefits and services, and assess air and water quality Dubai’s Department of Land and Property,...KLM to fly to 7 destinations in Middle East
KLM will fly to seven destinations in Middle East in the summer 2021 – the same number as in 2019. KLM will be offering Riyadh as a new destination, with flights departing twice a week in the summer season As more countries reopen their borders, KLM is rebuilding its...Emirates ramps up operations over summer to serve strong travel demand
Airline will operate flights to 124 destinations in July, close to 90% of pre-pandemic network Expands A380 network to 15 cities, operating 129 weekly services on 30 aircraft Dubai: Emirates, the largest airline in the Middle East, has said it is ramping up its operations and expanding services across its network...Burj Khalifa to relaunch sunrise experience from At The Top restaurant
This and other experiences had been stopped due to the Covid-19 pandemic and the resulting lockdown The experience will be available from 4:30 am to 7 am every Saturday and Sunday Burj Khalifa announced in a statement on Tuesday, June 15, that it was relaunching the sunrise experience...Bahrain unveils $1.2-billion stimulus package for Covid-hit sectors
The king has issued a royal decree to extend a number of initiatives for three months Bahrain’s Crown Prince and Prime Minister will oversee the implementation of the royal directives across the relevant authorities Bahrain's King Hamad bin Isa Al Khalifa on Monday, June 14, announced an economic stimulus...Iran mired in economic pain as presidential vote nears
Iran's 83 million people are suffering as jobs are scarce, prices are rising Economic crisis brought on by crippling sanctions and worsened by the pandemic When Iranians vote for a new president next week, they will do so in the depths of an economic crisis brought on by crippling sanctions...2.7m people petition WTO to give world population access to Covid vaccines
The WTO has received a petition signed by over 2.7 million people from around the world calling for universal access to affordable Covid-19 vaccines The vaccines are expected to bring back some semblance of the pre-pandemic normalcy, which in turn may improve the global economy The World Trade Organization...Two in three youths in Middle East have got insurance since Covid-19 pandemic started: Report
Zurich International Life has said more than 63.3% people in the Middle East aged 18-34 claimed they purchased life insurance since the Covid-19 pandemic began It added that more than half of the respondents across all ages said they were likely to consider getting life or critical-illness cover due...SEHA Covid-19 assessment centers to operate for 2 more hours
All services for Covid-19-positive patients are available in the Outpatient Clinics building in Mafraq Hospital in Abu Dhabi and in the Red Zone in Al Ain Convention CenterSmart robot enters service to sterilize Grand Holy Mosque in Mecca
They have a capacity of 23.8 liters of sterilizers with a consumption rate of 2 liters per hour to eliminate bacteria over 600 square metersIndia exports grew 67 percent in May despite Covid-19 caseload
Sector-wise, the increase was spurred by growth in demand for engineering goods, petroleum products, gems, jewelry, pharmaceuticals and iron oreMENA region to see fall in PC device shipments in Q2 2021
The Middle East and Africa personal computer devices market will see a decline of 2.4 percent year-on-year in the second quarter of 2021 However, the overall outlook for the region for this fiscal is that the PDC market will grow by 4.8 percent The Middle East and Africa personal...Aster announces 10-year salary support for bereaved families of staff who died of Covid-19
The company has 21,000 employees, including 2,887 doctors and 6,283 More than 5,100 of these employees have been infected by Covid-19,and five of them have died Aster DM Healthcare announced on Wednesday, June 2, a new policy as part of which it will provide financial support for the next...$50-billion global plan mooted to deal with pandemic, drive recovery
$50 billion needed to enhance manufacturing capacity, supply, trade flows, and delivery Governments urged to act or risk continued waves, explosive outbreaks of COVID-19 The heads of the world’s predominant global financing, health and trade agencies have united to urge government leaders to urgently finance a new $50 billion...Fresh call for proactive bid to revive aviation industry at Dubai Airport Show
New technologies recommended to reassure passengers of lasting safety There is talk of issuing a Vaccine Passport to boost global aviation The aviation industry leaders participating in the Airport Show at the World Trade Centre, Dubai, have urged the civil aviation authorities around the world, global agencies, airlines and...



















































