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DUBAI: The Dubai Electricity and Water Authority (DEWA) has added 490 million imperial gallons per day (MIGD) to its production capacity of desalinated water. The additional capacity comes from the

DUBAI: Saudi Arabian companies accounted for two of the three initial public offerings in the Middle East and North Africa region during the first quarter of 2021, representing 96 percent of the

By Saifur Rahman COVID-19 hit the Emirates Group, which includes world’s largest international airline Emirates and its ticketing and ground handling arm Dnata, with a US$6.0 billion (Dh22.1 billion) net loss in 2020-2021 financial year ending March 2021, compared with an Dh1.7 billion (US$456 million) profit for reported for 2019-2020 financial year. This is the airline’s first loss in more than three decades and the second annual […]

DUBAI: London Fashion Week is hoping to be back on track with the usual line-up of physical shows come September, but until then LFW’s “digital first” approach continued with another selection of

DUBAI: Kuwait health ministry says it recorded some cases with the Indian variant of coronavirus

Dr. James M. Dorsey Saudi Arabia has stepped up efforts to outflank the United Arab Emirates and Qatar as the Gulf’s commercial, cultural, and/or geostrategic hub. The kingdom has recently expanded its challenge to the smaller Gulf states by seeking to position Saudi Arabia as the region’s foremost sport destination once Qatar has had its moment in the sun with the 2022 World Cup as well as […]

By Saifur Rahman Bilateral trade between Portugal and the UAE grew to US$394.20 million (€324 million) in 2020, up from US$358.3 million in 2019, according to a top official. This reflects the fact that the two-way trade between the two countries increased during COVID-19 pandemic. The volume of non-oil trade exchange between the two countries during the past 10 years amounted to about US$2.89 billion, while the […]

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DUBAI: The Abu Dhabi Fund for Development (ADFD) has signed deals worth $99.91 million to build an airport and a power plant in Turkmenistan. The deal allocates 275 million dirhams ($74.9 million)

DUBAI: Regional it-girls Hala Abdallah and Alanoud Badr from Saudi Arabia and Nathalie Fanj from Lebanon are the stars of US luxury fashion house Carolina Herrera’s latest beauty campaign. Released

By Saifur Rahman Singapore’s Social Loan Company and Dubai-based Aafaq Islamic Finance announced a partnership to deliver mobile-first loan platform that could democratise and disrupt the US$90.91 billion (Dh333.88 billion) consumer credit market in the UAE. The partnership with The Social Loan Company (TSLC), a Singapore-based AI/ML-powered cutting-edge big data-driven credit enablement platform company, will help Aafaq Islamic Finance to set up a trend-setting non-bank, mobile-first loan platform to […]

DUBAI: The United Nations International Children’s Emergency Fund has appointed Egyptian actor Ahmed Helmy as the new regional ambassador for the Middle East and North Africa, the organization

DUBAI: Turkish Airlines is increasing its Dubai service to three daily flights from one as summer demand picks up. The additional flights start from June 17. The airline said it would offer

DUBAI: Saudi Arabia has committed to play a key role in the development of renewable fuel sources and clean energy technology. The Kingdom will join a core group of 23 nations and international

DUBAI: Saudi Arabia-based Quara Holding is partnering with Ethereum software firm ConsenSys to bring blockchain technology to the Kingdom’s real estate sector. The Brooklyn-based firm has pioneered

DUBAI: Thursday evening was a good one for Arab teams as more returned to international action after the coronavirus disease (COVID-19) suspensions, but all still have work to do if they are to

Berry Wong appointed to newly created role of CEO, APAC Nikki Koh appointed as CEO, Singapore Elevated appointments for Klaus Kiessling to Group CFO and Li San Tan to Group COO Global Advisory Council created to build greater synergies across regions HONG KONG SAR – Media OutReach – 2 June 2021 – Charles Monat Associates (CMA), a pioneer in wealth planning and life insurance solutions, today announced […]

By Saifur Rahman Dubai: Bilateral trade between Poland and the UAE has exceeded US$1 billion in recent years, making the UAE the top trading partner of Poland in the Middle East, according to a top government official. “Our total trade with the GCC countries exceeded US$4 billion in recent years (US$4.9 billion In 2019 and US$4.1 billion in 2020), making it the largest trading partner of Poland among […]

DUBAI: Saudi Arabia-based Kuwaiti pop singer Bader Al-Shuaibi is making waves with his latest hit, a Spotify-sponsored collaboration with K-Pop star AleXa called “Is It On.” The singer released the

DUBAI: On July 4, just one day before Paris Couture Week begins, designer and newly-minted artistic director at Alaia Pieter Mulier will show his first official collection for the Paris-based label.

DUBAI: Whether hiking the mountain trails of Ras Al-Khaimah, rally driving in AlUla, sailing in the Arabian Gulf, or taking part in any adventure sport around the globe, the world could be about to

DUBAI: Jordan’s minister of interior warned against unauthorized gatherings and demonstrations which threaten the national cohesion, state news agency Petra reported. “[In] recent days we have

DUBAI: Egypt is planning to recalculate the compensation it earlier demanded from the owner of the Ever Given container ship that blocked the Suez canal in March, according to Bloomberg. The Suez

It doesn’t feel that long ago since the racing world was captivating by the 2021 Dubai World Cup, but already connections will be planning their route towards one of the biggest races of the year next year. The hugely lucrative race will once again attract a starring field, but which runners could be among the leading contenders for the race next year? History & Records The Dubai […]

DUBAI: Cruise Saudi is set to double its team in the coming months as it prepares to attract more operators to the Kingdom. It comes as Saudi Arabia looks to develop a thriving cruise sector to showcase its top tourist attractions for the first time. It also follows the recent announcement that MSC Cruises will become the first operator to home port in Jeddah this year.
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