UAE, Qatar least hit by graft in MENA region: Survey
Across the MENA region, years of corruption has left countries woefully unprepared to face the COVID-19 pandemicUS defense secretary defers visit to Saudi Arabia
Austin traveled to the Gulf region earlier this week, a week after the chaotic US withdrawal from Afghanistan ended. He first went to Doha with Secretary of State Antony Blinken to visit the main base for the massive airlift set up by the United States out of Kabul.Saudis count the cost of technology overuse
As the use of the modern technology deepens in Saudi Arabia, its adverse effects are being felt across the gender and age in the whole kingdom.Belt and Road Initiative in GCC: A deep dive
The relations between the Arab world and China have touched new highs particularly after China launched the Belt & Road Initiative project in September 2013.Aramco to partner with Aveva for sustainability
Aramco, with this partnership, will focus on driving sustainability in the region through digital transformation.Chapman Taylor designs Jeddah park
The airport City Central Park is designed as a botanical garden.Demand for food in GCC to shoot up by 2025
Demand for food in the Gulf Cooperation Council (GCC) will reach 52.4 million metric tons (MT) by 2025, up from 46.8 million in 2020.Saudi and Abu Dhabi crown princes review bilateral relations
Saudi Arabia's Crown Prince Mohammed bin Salman and the Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed reviewed issues of common interest vital to both countries in a phone call.Saudi non-oil revenues jump 206%
The non-oil revenues of Saudi Arabia have increased to US$31 billion in Q2 2021 as against US$10.1 billion in Q2 2020.South Korea mulls reviving FTA talks with GCC
The two sides have not had a mutual FTA for more than 10 years now.Saudi Arabia and Qatar review bilateral relations
In a sign of further improvement in the strained relations between Saudi Arabia and Qatar, Sheikh Tamim Bin Hamad Al-Thani, Emir of Qatar, received on Monday Prince Abdulaziz bin Saud bin Nayef, Saudi Arabia’s interior minister, at the Emiri Diwan in DohaZamil Industrial unit wins AC deal
The contract is to supply AC systems to Saudi schools.‘Transparency key to success for corporates in MENA’
Good corporate governance and best practices have been driving the shift in the regional market, says Jamal Fakhro, Managing Partner at KPMG Bahrain, in an exclusive interviewAmerican falcon sells for $467,000 in Saudi auction
The falcon was 16.5 inches both long and wide, and weighed 980 grams.GCC equity markets shine in H1 2021
The growth was spurred by abundant liquidity created by easing monetary and fiscal policies besides a rebound in oil prices.Saudi output growth dips to weakest level in 10 months
Saudi Arabia’s output growth dipped to the weakest level for ten months amid a slowdown in new business gains.$5m fine for polluting water in Saudi Arabia
Saudi Arabia has launched a strict campaign of penalizing companies and individuals involved in polluting water resource of the kingdom. The fine could be up to $5.3 million.‘Cyber pandemic’ grips UAE, Saudi Arabia
The Covid-19 pandemic has acted as a force multiplier for existing cyber threats while giving birth to a whole new set of cyber risks. Cyber criminals have switched tactics to exploit the new reality of remote working on personal devices. In 2020, the UAE has experienced around 15.8 million brute...Five cities poised to become GCC tech hubs
As part of economic transformation, some Gulf countries seek to achieve targets in digital transformation via long-term plans such as Saudi Vision 2030 and UAE Vision 2030.Saudi Arabia’s PIF, Tadawul Group plan carbon trading platform
Companies and institutions seeking to reduce their emissions will increasingly turn to the platform to trade carbon creditsSaudi state media companies to move from Dubai to Riyadh
The decision follows an earlier Saudi move to stop giving state contracts to companies and commercial institutions with Middle East headquarters in any other countryGCC can help shipping industry curb emissions
Saudi Arabia and the UAE are already off the starting mark in their efforts to supply alternative fuels to the global maritime industry.Egypt gained most from Islamic Development Bank in 2020
IsDB also contributed to Covid-19 relief in 2020, where it approved financing of around $2.3 billion.UAE outsmarts competitors in luring foreign investors
The UAE government's recent decision to slash the fee to set up a business by 94% to US$272 is expected to attract foreign investments and propel the non-oil economy.Burgerizzr sets IPO share price at $44
A total of 725,000 ordinary shares of the Saudi company were fully subscribed.Saudi Arabia’s ACWA Power plans $1bn IPO
The Saudi utility developer -- half-owned by the the Kingdom's Public Investment Fund, plans to issue 85.3 million shares -- representing 11.67% of the firm after a capital increase.SABIC inks $6bn China deal
Saudi Basic Industries Corporation is the chemical arm of Aramco.GCC region’s cloud seeding experiments a boon or bane?
UAE is among the first countries in the Middle East to use cloud seeding technology for a project whose trials started in late 1990s.HSBC offering Saudi’s first climate-focused investment fund
DUBAI: HSBC Saudi Arabia has said it is offering the first environmental initiative investment fund in the kingdom, which will provide eligible investors exposure to renewable energy, clean transport, sustainable water management and climate change adaptation. The company said the HSBC Global Equity Climate Change Fund will provide interested customers...Holy and worldly offerings of Saudi tourism
The Arab world's most powerful economy is devoting enormous resources to attracting at least 100 million tourists by 2030. TRENDSMENA offers a glimpse into the major tourist attractions of the kingdom.Foreign investment in Saudi markets rose 150% in Q2
The sectors in the country that attracted the most foreign investment were banking, basic items, energy, and communications.Saudi net foreign assets dip by $4.4bn in July
Saudi Central Bank’s (SAMA) net foreign assets suffered a $4.4 billion drop in July, SAMA data showed on Sunday.Saudi exports leap up 40 percent to $6.2bn in June
Saudi non-oil exports recorded a 40 percent jump, the highest-ever monthly level, in June 2021, touching $6.2 billion.Arkan launches digital platform
Medical, lab supplies and equipment can be purchase online.UAE investing hub despite high starting cost
Starting a business in the Emirates makes a $7,444 hole in the pocket, but world-class infrastructure, excellent connectivity, business-friendly policies and low taxes attract investors from across the world.Saudi Arabia and Oman pledge to boost trade ties
Saudi Arabia and Oman have pledged to boost trade and economic ties between the two countries, months after the two neighbors began discussions on how to deepen their relationship.Covid-19 fails to impact realty in UAE, Saudi Arabia
While the UAE has seen a record amount of real estate sales in the first six months of 2021, Saudi Arabia has prioritized increasing the supply of housing units and strengthening partnerships with the private sector.Dates conference attracts top global experts
Top global experts attended the second edition of the International Dates Conference held in Qassim as part of the annual Buraidah Date Festival.Saudi banks cheer recovery with surge in loans
Driven by an increase in net loans and return on equity in the second quarter, Saudi Arabian banks are sitting pretty as the region’s economy continued its rebound from the Covid pandemic.Jadwa says Saudi economy to fare better
Saudi economy may perform better this year than forecast earlier with the continual recovery of the non-oil industry from the blows of the coronavirus pandemic.Saudi women drive public taxis for the first time
Local media showed women picking up customers in the Al-Ahsa governorate.Unemployment will haunt Gulf in 2021
While joblessness will be a worry, the economies of the GCC countries are expected to grow by about 2.5 percent between 2021 and 2023.Qatar gets first batch of Boeing F-15 fighter jets
They were produced by the United States and Boeing in partnership with Qatar itself.Saudi Arabia taps Alibaba to help Chinese tourists
Alibaba Cloud is expected to help promote Saudi Arabia as a tourist destination to travelers in the Chinese market.GCC hotel industry readies for a comeback
The Gulf hotel sector's investments, according to reports, have reached $27 billion. New hotel projects worth $3.5 billion in the region were approved in 2020, indicating that investors expect the hotel market to return to normal in the next two or three years when activities resume at normal level.Family firms call heirs to take command
Family-owned businesses in the Middle East, estimated to be worth more than $1 trillion, have been bogged down with issues such as corporate governance, estate planning and succession.Now airplanes probe earth for mineral wealth
Saudi Arabia has begun to obtain ‘high-resolution’ geological data spread over 600,000 square kilometers in the kingdom, enabling it to find mineral deposits in the region.Saudi IT sector eyes boom, likely to touch $27bn by 2025
The Information technology (IT) sector in Saudi Arabia will witness a big boom, with the market expected to touch $27 billion by 2025.Saudi Arabia lifts ban on entry of foreigners
Saudi Arabia has lifted the ban on the entry of foreigners from 20 countries, six months after the kingdom declared it to contain the spread of Covid-19.All projects under Saudi Vision 2030 ‘colossal’
The number and value of mega projects set to transform the country’s real estate landscape and showcase the kingdom’s vision for an ultra-modern future to the world, says Knight Frank. Neom, a project for a smart and tourist cross-border city in the far north-west of Saudi Arabia, alone will cost...




















































