According to recent reports, the UAE Food Bank will this Ramadan feed many more people as a result of increase support from donors. On the first day of Ramadan on Thursday May 17th, the Food Bank, which gave away 2,160
Category: News
Thursday marked another milestone for Brent prices as Brent crude crept closer to $80 per barrel mark as suppliers tightened output. Brent prices are currently at their highest levels over the last four years. By the close of the day
A special ceremony was held last month by the Saudi British Bank (SABB) to honor the first batch of graduates of its Taqadam startup accelerator program. The ceremony was attended by the Director General of the KAFALA Program, Hamam Hashem.
Suhail Al Mazroui, UAE’s Energy Minister was recently quoted as saying that the global oil market output is still on the process of reaching equilibrium as the Organization of Petroleum Exporting Countries (OPEC) is targeting the right level of inventories
Recently, Gulf News reported that a new passenger pre approval system that vets air travelers 48 hours before their flight is dramatically speeding up the control of passport checks at Dubai airports. According to the report, the system developed by
Emirates Islamic (EI), an Islamic Bank in Dubai and one of the leading financial institutions in the United Arab Emirates recently reported a net profit of Dh209 million, for the first quarter of 2018, up 6 percent year on year.
According to Saudi Arabia’s renewables chief, a huge investment ambition in green energy projects across the Kingdom is about creating jobs, along with diversifying the energy mix away from oil. Two months ago the kingdom unveiled its aspiring plans to
The women at the US-Saudi business forum were outnumbered by the men but the women executives were not sitting on the sidelines at the US-Saudi CEO Forum this year, one of the biggest gatherings of elite business executives under one
Global carmakers recently touted their latest electric and SUV models in Beijing as they warily welcomed the promise China made with regards to allowing better foreign access to the largest auto market of the world where domestic vehicles have traditionally
The United Arab Emirates (UAE) has urged UN agencies and member states to take joint action to identify countries that support and finance terrorism so they can be held accountable for their actions. According to reports, this call was made
A report by the CFA Institute, a global investment adviser, says the number one goal for the UAE investors and savers is to put money aside so as to start a new business. The main investment objective for international savers
On April 1st, Jordan said it was reconsidering its decision to discontinue its free trade deal with Turkey if it agrees to certain conditions. Jordan had previously said it would discontinue the unequal free trade deal beginning in September, unless
Algerian officials have said that the country is proposing incentives for motorists so as to double the number of cars running on natural gas by 2021 in a move to cut the consumption of expensive imported fuel in an era
Alphabet Inc’s Google has revealed its first Gmail redesign since 2013, covering what the company says was an expansive change in two years in an effort to adopt security and offline functionally aimed at beating rival Microsoft. The G suite
The Saudi Council of Economics and Development Affairs recently approved a privatization initiative as part of the kingdom’s 12 strategic objectives towards the attainment of its Vision 2030 blueprint. According to reports from the Saudi press agency, the government plans
Saudi border guards recently took full control of the Salwa crossing, indirectly cutting off all links to Qatar, especially its terrestrial links with other countries. According to reports, the customs and passports departments removed the crossing and also gave over
