US President Donald Trump said Thursday a deal was close on Iran's nuclear programme that would avert military action, sending oil prices tumbling, as he boasted of raising "trillions of dollars" on a Gulf tour.

Gaza rescuers said at least 80 people were killed in Israeli bombardment across the Palestinian territory on Wednesday, as Israeli Prime Minister Benjamin Netanyahu spoke with US envoy Steve Witkoff about the release of hostages.

US President Donald Trump landed in Doha Wednesday after visiting Riyadh, where he urged Syria's president to normalise with Israel after offering a major boost to the war-ravaged country by vowing to lift sanctions.

Hochstein said an end to the war was "now within our grasp", while Hezbollah-allied parliament speaker Nabih Berri, said the situation was "good, in principle"

The labor market has remained resilient, despite a sharp hiring slowdown last month due to adverse weather conditions and a labor strike.

US envoy Amos Hochstein's Lebanon trip comes a day before ceasefire negotiations between Hamas and Israel are set to resume

US Secretary of State Antony Blinken told his counterparts from the G7 nations that any attack could happen within 24 to 48 hours, as early as Monday

Blinken said his message to regional governments was that "if you want a ceasefire, press Hamas to say yes" to the proposal.

Dubai, UAE - The UAE's total assets abroad, encompassing both governmental and private investments, have reached $2.5 trillion as of early 2024. Jamal Bin Saif Al Jarwan, chief of the UAE International Investors Council, said that UAE investments abroad are performing well despite global economic fluctuations. The UAE secured the top...

Dubai, UAE - The Mohammed Bin Rashid Space Centre (MBRSC) on Tuesday announced the graduation of Emirati astronauts Nora AlMatrooshi and Mohammad AlMulla from the 2021 NASA Astronaut Candidate Class training program in a ceremony held at the Johnson Space Center in Houston, USA.  The milestone marks the culmination of...

Washington, United States - The United States on Friday announced the approval of a $147.5 million sale of 155mm high-explosive artillery munitions and related equipment to Israel under an emergency provision that waives the usual congressional review. The same provision was used earlier this month to approve the sale of nearly...

The company contends that the ITC finding was in error.

New York, USA - The UN General Assembly (UNGA) adopted a resolution by 185 votes on 'The UN Human Rights Training and Documentation Center for South-West Asia and the Arab Region'. Qatar sponsored and facilitated negotiations every two years since its establishment in 2008, with its headquarters in Doha. Sheikha...

Israeli settler violence has increased significantly since the outbreak of the ongoing Israeli genocide campaign in Gaza, rising from an average of three incidents to seven per day, according to the UN Office for the Coordination of Humanitarian Affairs (OHCA).

New York, USA - There are no safe zones left in Gaza amid Israeli strikes, Russian Permanent Representative to the United Nations Vasily Nebenzya said. "(Israel’s) deliberate strikes on civilian facilities are a blatant violation of international humanitarian law," he pointed out at a UN Security Council meeting on the...

Last year, Saudi Arabia led the Middle East in military investments, ranking fifth globally with a defense budget of $75 billion. This surpassed many European nations, emphasizing the strategic defense priorities of Middle Eastern countries amidst global powerhouses. Qatar's military expenditure, meanwhile, reached $15.4 billion last year, ranking close to...

Washington, US – The ‘gig economy’ accounts for up to 12 percent of the global labor market—much higher than previously estimated—and holds particular promise for women and youth in developing countries. Demand for online gig work is growing rapidly, however, social protections for workers in this segment are still lacking,...

Zurich, Switzerland – The latest Global Wealth Report predicts global wealth to reach $629 trillion by 2027, despite 2022 being the first year of wealth decline since 2008, the fourteenth edition of the Global Wealth Report jointly launched on Tuesday by Credit Suisse and UBS revealed. According to the report’s...

Markets slid on Thursday as traders shifted to safer assets after Fitch downgraded the United States' credit rating from AAA to AA+. The decision sparked a strong rebuttal from Washington and confused analysts. Despite recent rallies on hopes of a "soft landing" for the US economy and in-line job data,...

Washington, USA -- The Saudi faculty member at Michigan State University Dr. Yasser Al-Dhamin, received a patent from the US Patent Office for an innovation that stimulates the functioning of immune cells within cancer blocks and increases the effectiveness of vaccines. In a statement to the Saudi Press Agency (SPA),...

The participants are reported to have discussed the broad contours of the massive joint project to build railway, maritime and road connectivity in the larger region.

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) successfully launched its second nanosatellite, DEWA SAT-2, aboard SpaceX’s Falcon 9 rocket from Vandenberg Space Force Base in California, USA. The launch of DEWA SAT-2 underlines the firm's commitment in using space technologies to improve the operations, maintenance and planning of...

The council stressed that the continuation of Israeli settlement activity endangers the principle of the two-state solution.

Rayyana Barnawi will join fellow Saudi male astronaut Ali Al-Qarni on a mission to the International Space Station (ISS) "during the second quarter of 2023".

Iran's economy has been subject to increasing pressure with fresh sanctions imposed by Western countries over the authorities response to protests sparked by the death of Mahsa Amini.

While a strong labor market may fuel optimism that the world's biggest economy can stave off a major downturn despite an aggressive series of interest rate hikes, it is also an area of concern for the Federal Reserve as high wages can feed into inflation. But in an encouraging sign...

DUBAI, UAE  - Dubai Electricity and Water Authority (DEWA) has been awarded  with the Global Excellence Assembly Awards 2022, based in the USA, in the "Organizational Achievements" category. This is in recognition of DEWA's global achievements in total quality and excellence. DEWA is the only entity worldwide to win this...

Brent crude futures gained 59 cents to $78.43 a barrel, while US West Texas Intermediate crude futures rose 69 cents to $73.53 a barrel.

Earlier on, the United Nations General Assembly voted by a majority five resolutions in favor of the Palestinian cause, especially the refugee issue. 

New York, USA - Ardian, a world leading private investment house, and Mubadala Capital, the asset management arm of Mubadala Investment Company, today announced a new partnership that will see Ardian invest in a portfolio of high-quality private equity assets managed by Mubadala Capital, and in parallel Ardian will make...

Dubai, UAE - The Arab world's first lunar rover successfully took off to space on Sunday. The UAE-built Rashid Rover is the first Emirati mission to the surface of the Moon. It lifted off on board a Space X Falcon 9 rocket from Space Launch Complex 40 at Cape Canaveral...

The report highlights rising debt-related risks for all developing economies - low as well as middle-income economies.

The lab will be a global platform for research and training in protecting societies from all forms of hatred.

Washington, US— US Secretary of State Antony Blinken is going to arrive in Doha on Monday to support Team USA in its first 2022 FIFA World Cup match and to attend the US-Qatar joint Strategic Dialogue, a State Department statement said. Blinken will recognize Doha’s important contribution to international sports...

Crypto betting in sports has become a booming market due to the increasing number of sports fans and their desire to wager on athletes and tournaments.

Hady Amr also reiterated the Biden administration’s commitment to rebuilding bilateral relationship with the Palestinian people and to a two-state solution.

Stock markets and oil prices rallied Friday, with investors largely pricing in more interest rate hikes aimed at taming runaway inflation. The dollar slid one percent versus the pound and euro after recent hefty gains. London's stock market jumped more than 1.5 percent in morning deals, mirroring advances in Paris...

Hub71, Abu Dhabi's global tech ecosystem, has selected its latest cohort of tech startups from a large number of applicants worldwide that chose to setup and scale from the UAE's capital. For the next two years, the new cohort will participate in Hub71's Incentive Programme, benefiting from equity-free incentives worth...

United States is seeking to crack down on Russians seeking to skirt existing sanctions by "covertly" acquiring US, Japanese and European defence components.

Qatar First Bank (QFB) has announced the successful exit of Jefferson Square, its first syndicated real estate investment located in the heart of Baltimore, Maryland, USA. QFB acquired Jefferson Square, a class A multifamily residential building, in June 2017 as part of its Sharia compliant real estate investment program, Qatari...

Four Gulf Arab central banks followed in the footsteps of the US Federal Reserve and raised interest rates by a quarter percentage point for the first time since 2018.

London-based think-tank Cebr predicts the economic future of countries across the world and the outlook remains rosy for the Gulf region.

On February 9, the UAE announced that its exploratory probe, ‘Hope’ had successfully entered Mars' orbit, marking it the first Arab expedition to the Red Planet.

The 2022-2023 budget allocates about $5 billion to boost "defense capacities and strategic research", up from $4 billion the previous year.

Medallia captures experience data from customers and employees.

Iran's top diplomat said Thursday that an agreement to revive his country's nuclear deal with world powers was "within reach" but that this depended on the goodwill of the West. Foreign Minister Hossein Amir-Abdollahian also said on Twitter that negotiations in Vienna were "proceeding with seriousness" and that the removal...

The Islamic republic shot down Ukraine International Airlines flight PS752 shortly after take-off from its capital Tehran on January 8, 2020.

Xi's call came hours after China and the United States announced a surprise pact to accelerate climate action at a summit in Glasgow.

  The emirates climbed seven places in global rankings from 2019 to 2020 The country also maintained its place as the 13th biggest for FDI outflows, investing $19 billion   The UAE was the world’s 15th biggest recipient of foreign direct investment (FDI) in 2020, receiving $20 billion, up from...