Etihad Airways will offer free Wi-Fi and iPads to its first and business class passengers on all its US-bound flights from Abu Dhabi from April 2. The service comes in response to the US government’s ban on large electronic devices in airline cabins, which came into effect last Saturday. It affects US-bound flights from Jordan, Egypt, Turkey, Saudi Arabia, Morocco, Qatar, Kuwait and the UAE. All the […]
Oman is most likely to face a “forced currency devaluation” in coming years due weak oil prices and low financial buffers, according to a new report. In its report issued on Wednesday, BMI Research, a Fitch Group Company, said that the “probability of such a move is rising.” Oman’s crude oil price have declined to $45.9 per barrel driven by weakness in global energy markets since early-2017, […]
British and US bans on laptops and tablet computers in flight cabins are not sustainable in the long term, the head of the association representing airlines said Tuesday. “The current measures are not acceptable as a long-term solution to whatever threat they are trying to mitigate,” said Alexandre de Juniac, director general of the International Air Transport Association. “Even in the short term, it is difficult to […]
In a country that is becoming increasingly modern and globalised, there is a renewed focus on what it means to be Emirati and what can be done to preserve local heritage. This weekend, the courtyard of Al Ain Palace will be transformed into a traditional market, with food stalls and demonstrations of traditional medicine practices, such as hijama and tajbeer splinting, for the campaign “My Heritage, My […]
New photovoltaic plant will add 61.3 MWp of installed energy capacity to Risha, Jordan Lowest tariff for solar energy ever presented for a Jordan-based photovoltaic project The plant marks ACWA Power’s strategy of continuous investment Jordan, and its second Solar Photovoltaic Plant The new PV plant will bring the installed capacity in Jordan as controlled by ACWA Power to 1,665 MW further consolidating ACWA […]
AMMAN: The 2017 Arab Summit started today in Jordan with the participation of an unprecedented number of Arab leaders, whose agenda was topped by the issues of Palestine, terrorism and Arab coordination.Since early Tuesday, leaders of Arab states started arriving in the Jordanian capital Amman for a gathering that comes amid serious challenges and crises facing the region.UN Secretary-General Antonio Guterres also arrived in Amman on Tuesday […]
After the biggest downturn in a generation, there are reasons to think the worst of the commodities slump might be over. The Financial Times’s Commodities Global Summit began on Tuesday in Lausanne, Switzerland. Here are the main talking points from the first day. There was no shortage of talk on Opec, which in November agreed its first reduction in supply in almost a decade. Executives from some of the world’s […]
The Saudi Film Festival opened Monday with 58 homegrown cinematic works to be screened in the ultra-conservative kingdom that continues to ban public cinemas. “Welcome to all of you, filmmakers, makers of art and makers of hope,” festival director Ahmed al-Mulla told participants at the opening ceremony, which was broadcast online. The fourth edition of the festival had been slated to run from March 23-28 in the […]
New photovoltaic plant will add 61.3 MWp of installed energy capacity to Risha, Jordan Lowest tariff for solar energy ever presented for a Jordan-based photovoltaic project The plant marks ACWA Power’s strategy of continuous investment Jordan, and its second Solar Photovoltaic Plant The new PV plant will bring the installed capacity in Jordan as controlled by ACWA Power to 1,665 MW further consolidating ACWA […]
The Gulf emirate of Qatar is tiny, but it’s made a name for itself by placing big bets. Thanks to vast reserves of natural gas, its 2.6 million residents enjoy the world’s highest per-capita income: $129,700 a year. Qatar has acquired more than $335 billion worth of assets around the globe, buying up trophies such as London’s Shard, the tallest building in Europe. The emirate has also […]
Jordan’s state media say public and private sector officials from Saudi Arabia and Jordan have signed 15 economic agreements, including establishing a joint fund that will launch an estimated $3 billion worth of investments in Jordan. The Petra news agency says the agreements were signed after a meeting late Monday between Saudi King Salman and Jordan’s King Abdullah II. Planned projects include reconstruction and rehabilitation of a […]
“The new tax rate will bring Saudi Aramco in line with international benchmarks,” Saudi Aramco’s chief executive officer, Amin H. Nasser, said in a statement. Continue reading the main story The tax cut was announced a couple of months after intensive discussions with international bankers in Riyadh about how the offering should be structured. Bankers and independent specialists said the cut would help increase the cash flow […]
ABU DHABI // Two teams of UAE researchers are among the first to receive grants from a total of Dh45 million being awarded by the British government in the Arabian Gulf to tackle global challenges. Researchers at Masdar Institute of Science and Technology and Khalifa University are each receiving Dh1.8m for work on sustainability, in desalination and algae control. Eight grants are being given. Clare Grundy, deputy […]
New York // The Pentagon is considering throwing its weight behind an Arab military plan to capture a Red Sea port in Yemen as part of a move to step up its support for the Saudi-led coalition that has fought a two-year war against Iranian-backed Houthi rebels. Senior officials said it was part of a new stance adopted by US president Donald Trump’s administration to deepen ties […]
The United Arab Emirates has suspended shipments from six Brazilian meat plants and told importers to recall any of their products from local stores. The six plants are operated by JJZ Alimentos, Frango D M Industria E Comercio De Alimentos, Frigorifico Larissa, Breyer & Cia, Seara Alimentos and BRF, the Ministry of Climate Change and Environment said in an emailed statement. It cited Brazil’s decision to suspend […]
A Saudi soldier was killed by a missile fired by rebels in Yemen that struck a military base near the border, the interior ministry said on Friday. The missile was launched late Thursday from a rebel-controlled area in Yemen and hit a base in Dhahran South, killing border guard Atallah Yassine Al-Anzi, according to a statement carried by Saudi Arabia’s official news agency. Saudi Arabia intercepted a […]
CAIRO An Egyptian appeals court suspended a jail sentence on Saturday against the former head of the journalists’ union for harbouring colleagues wanted by authorities and for spreading false news, judicial sources and a lawyer said. Yehia Qalash and two colleagues were sentenced to two years in jail in November in a case which Amnesty International condemned as a further crackdown on freedom of expression in Egypt. […]
GENEVA: Saudi Arabia called for delegating more experts to the Yemen-based Human Rights Commission’s Office, the Saudi Press Agency (SPA) reported.The move is important in order to back up workings of the Independent National Committee, in identifying violations and trespasses committed on the ground, SPA noted.Dr. Abdulaziz Al-Wassel, the Saudi Ambassador to the UN in Geneva, recently addressed the 34th session of the Human Rights Council in […]
The GCC’s industrial sector is continuing to grow, with the number of people it employs more than doubling since 2005, according to new research by the Gulf Organisation for Industrial Consulting (GOIC). In a report on manufacturing industries in GCC countries, the GOIC said most recent figures reveal the labour force has risen sharply from about 774,000 workers in 2005 to more than 1.6 million workers in […]
Abu Dhabi investment firm Waha Capital is in talks with potential partners in Saudi Arabia as it looks to diversify investment in some key sectors outside the United Arab Emirates (UAE), its chairman said. Saudi Arabia is opening its economy to foreign investment as part of its 2030 vision whereby the Middle Eastern country will rely less on oil and create more jobs for its citizens. Waha […]
24 March 2017 Saudi Arabia – In the hustle and bustle of the modern age, smartphones have become very important devices helping people of different age groups and backgrounds with their day-to-day lives. These days, it is almost impossible to manage without smartphones. Unlike its predecessors, smartphones are not limited to basic communication as they have conquered the business world, becoming a key source of information, including […]
By Henning Gloystein | SINGAPORE SINGAPORE Oil prices edged up on Friday, supported by a fall in Saudi exports to the United States, but overall markets remained under pressure on the back of a world market awash with fuel. Prices for front-month Brent crude futures LCOc1, the international benchmark for oil, were at $50.63 per barrel at 0343 GMT, up 7 cents from their last close. In […]
MOSCOW — It’s 2017, and the new Cold War is in full swing. The West is winning, for now. U.S. sanctions have impoverished Russia. But the two sides are poised at a critical juncture. The Russians have come up with new technology to drill for gas that could send their economy skyrocketing again, putting the West on the back foot. And so, the CIA sends President Donald […]
Saudi Arabia executed two convicted drug traffickers on Thursday, bringing the number of prisoners killed in the kingdom to 20 so far this year. The state-run SPA news agency named the two men as Saudi Arabian national Nasser Harshan and Pakistani national Namtallah Khasta Qul. Both were put to death on Thursday after being convicted of drug trafficking in the conservative kingdom. SPA said Harshan was a […]
