The UAE Red Crescent has announced the launch of the second phase of its “From My Country’s Bounty” initiative, targeting the summer season with renewed efforts to address food security and support vulnerable populations. This new phase, dubbed “Summer Season 2,” builds on the success of the initiative’s initial phase by expanding its scope and impact. The primary goal of the initiative is to alleviate food scarcity […]
More than 60 Expert Speakers Explore the Innovative Future of AI Driven Entertainment Industry HONG KONG SAR – Media OutReach Newswire – 19 August 2024 – The annual Digital Entertainment Leadership Forum 2024 (DELF 2024), organised by Cyberport concluded successfully yesterday. The three-day event featured rich programmes including industry forums, experiential zones, workshops, and competitions, attracting over 3,500 participants from both local and international regions, and garnered […]
Civilians in the eastern Ukrainian city of Pokrovsk are facing an urgent evacuation order due to advancing Russian military forces. Local authorities have instructed families with children to leave the city immediately, highlighting the intensifying threat posed by the ongoing conflict. The directive comes as Russian troops make significant progress toward this key logistical hub. Pokrovsk, a vital city in eastern Ukraine, has been under heightened scrutiny […]
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister, have formally congratulated Paetongtarn Shinawatra on her inauguration as the Prime Minister of Thailand. This diplomatic gesture highlights the UAE’s ongoing efforts to strengthen bilateral ties with Thailand, an increasingly significant partner in the region. The congratulatory messages from UAE […]
By Nantoo Banerjee The United States of America or the People’s Republic of China may have nothing much to do with the massive public demonstrations in Bangladesh that began last month over governmental job quotas forcing the fall of Sheikh Hasina as the country’s longest serving prime minister and her government. Sheikh Hasina had […]A new partnership between the UAE Judo Federation and the French Judo Federation is set to elevate the sport within both countries through a comprehensive agreement focused on training and development. This collaboration, formalized in Abu Dhabi, aims to enhance the technical and coaching standards in the UAE by leveraging France’s extensive expertise in judo. The agreement includes provisions for joint training camps, exchange programs, and collaborative […]
BlackRock has become the largest institutional holder of Bitcoin and Ether through its publicly traded exchange-traded funds (ETFs), surpassing Grayscale for the first time. This shift highlights the increasing influence of traditional financial institutions in the cryptocurrency market. As of the latest reports, BlackRock’s Bitcoin and Ether ETFs collectively hold more of these cryptocurrencies than Grayscale’s funds. This change reflects a significant move in the financial landscape, […]
Sedco Capital has introduced a new investment fund aimed at capitalizing on initial public offerings (IPOs) in Saudi Arabia. This strategic move is designed to attract investors seeking opportunities in the kingdom’s burgeoning IPO market, which has shown substantial growth in recent years. The newly launched fund will focus on investing in a diverse portfolio of IPOs across various sectors within Saudi Arabia, targeting high-growth companies that […]
Sharjah has unveiled its largest budget ever, with His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, the Ruler of Sharjah, approving an expenditure of AED 40.83 billion (approximately $11.12 billion) for the year 2024. This significant budget increase, over 16% compared to the previous year, is aimed at bolstering the emirate’s economic and social frameworks. A substantial portion of the budget, around 40%, is allocated to […]
The International Military-Technical Forum has commenced at the Patriot Exhibition and Convention Center in Kubinka, near Moscow. This prestigious event, organized by the Russian Ministry of Defense, is set to showcase cutting-edge military technologies and innovations from across the globe. This year’s forum has attracted a diverse array of international participants, including defense contractors, technology firms, and military officials. Attendees will explore a range of advanced systems […]
Navatum, a subsidiary of Abu Dhabi Ports Group, has announced the acquisition of a majority stake in Safina Shipping Services, marking a significant expansion into the Egyptian maritime sector. This strategic move is aimed at bolstering Navatum’s presence and capabilities in the growing maritime logistics industry. Safina Shipping Services, a key player in the Egyptian maritime sector, specializes in providing comprehensive shipping and logistics solutions. The acquisition […]
Oman’s trade relations with the Americas have seen significant growth, with bilateral trade reaching $1.9 billion in May, a 6.6% increase compared to the same period last year. This rise is largely attributed to a surge in exports of Omani goods to countries in North and South America, driven by heightened demand for Omani oil, minerals, and agricultural products. The United States remains Oman’s largest trading partner […]
Jordan’s industrial sector has played a crucial role in the country’s economic landscape, contributing 21.7% to the GDP during the first quarter of the year. This figure underscores the sector’s significant impact on Jordan’s economic performance and highlights a steady contribution to the nation’s growth. The industrial sector’s robust performance is attributed to several factors, including increased production capacities, improved export activities, and enhanced operational efficiencies. Key […]
The Fuel Price Follow-up Committee has unveiled the updated petrol and diesel prices for July 2024, marking a significant shift in the national fuel landscape. As of July 1, 2024, the price of petrol will rise by 0.15 INR per litre, bringing the new cost to 110.25 INR per litre in major cities, while diesel will see a decrease of 0.10 INR per litre, setting its new […]
X has suspended its operations in Brazil following a legal dispute with local authorities led by Justice Alexandre de Moraes. The decision comes as part of a broader conflict between the social media platform and Brazilian regulators over content moderation policies and data privacy issues. Despite the operational halt, the platform’s social media services remain accessible to users in Brazil. The conflict escalated after a series of […]
Gates Developments has introduced a premium beach experience at Lyv Ceaser Ras El Hekma, marking a significant milestone in luxury real estate. The new beach, an integral feature of the upscale Lyv project, aims to offer an unparalleled coastal retreat, characterized by its exclusive amenities and high-end design. The unveiling of this exclusive beach comes alongside the announcement of 32 opulent cabanas at the Lyv Boutique Hotel. […]
A major development in the local construction sector has emerged as four new projects, valued at over RO 5.5 million, have been successfully localized across an area of 67,000 square meters in the first half of 2024. This significant move underscores the growing trend of regional investment and development. The projects, which span various sectors including residential, commercial, and industrial, represent a substantial boost to the local […]
Arabian Post Staff Eng. Jassim Mohamed Al-Khori has been appointed as the new CEO of Media City Qatar, marking a pivotal moment for the organization as it embarks on a fresh strategic direction. Al-Khori, whose background includes extensive experience in leadership roles across the media and creative industries, is set to drive the organization’s efforts to align with Qatar’s national vision and goals. Al-Khori’s appointment comes as […]
Omantel has officially launched a significant data center in Salalah, marking a substantial expansion of the company’s digital infrastructure. As the second-largest data center in the region, this facility is expected to enhance Oman’s position in the digital landscape and strengthen its role as a key player in global data connectivity. The state-of-the-art data center, situated in Salalah, reflects Omantel’s ongoing commitment to supporting the country’s digital […]
National Bank of Kuwait (NBK) celebrated the unveiling of its second Al-Jawhara Millionaire for 2024 during a lavish event held on a luxury yacht near Umm Al-Maradim Island. This event marked the bank’s continued commitment to rewarding its customers through its popular Al-Jawhara Account, which has become a cornerstone of NBK’s financial offerings. The star of the evening was Abdullateef Majeed Abdulkareem Ramadhan, who emerged as the […]
Yousuf Mohamed Al-Jaida, the Chief Executive Officer of Qatar Financial Centre (QFC), has been recognized among Forbes Middle East’s top 100 CEOs for 2024, highlighting his significant contributions to the region’s financial landscape. The honor reflects Al-Jaida’s leadership in transforming QFC into a pivotal financial hub in the Middle East. Forbes Middle East’s annual list celebrates the region’s most influential business leaders, and Al-Jaida’s inclusion marks a […]
Tensions along the Israel-Lebanon border have sharply escalated after Hezbollah launched a barrage of rockets into northern Israel, following a deadly strike by Israeli forces. The exchange represents one of the most intense clashes between the two sides in over a decade, raising fears of a broader conflict. The rockets, targeting Israel’s Upper Galilee region, were fired shortly after the Israeli Defense Forces (IDF) carried out airstrikes […]
STRONG MEASURES SUGGESTED FOR ROOTING OUT CORRUPTION IN INDIA By Tirthankar Mitra Corrupt politicians and officials have been the bane of India for decades. Even as this breed embed themselves in different political outfits stashing their ill-gotten gains at home and abroad, the recent recommendations by the Financial Action Task Force […]Saudi Arabia is attracting a growing number of global firms to establish their regional headquarters at the King Abdullah Financial District (KAFD) in Riyadh, allowing them to qualify for lucrative government contracts. The move is part of the Kingdom’s broader strategy to position itself as a regional hub for multinational corporations by mandating that companies must set up their regional headquarters within the country to secure public […]
