Twelve Saudi soldiers, including four officers, were killed on Tuesday when their helicopter went down in Yemen, the Arab coalition fighting Yemeni rebels said in a statement. The Saudi Black Hawk “fell during operations in the province of Marib” east of Sanaa, the coalition said in a statement carried by SPA state news agency, without clarifying the reason. “The causes of the incident are being investigated,” the […]
19 April 2017 Jeddah, Kingdom of Saudi Arabia The Islamic Development Bank (IsDB) and the Federal Republic of Nigeria have discussed potential collaboration in Science & Technology, innovation and food security. The discussion took place at the IsDB headquaters led by Mr. Sayed Aqa, IsDB Vice President, Cooperation and Country Programming, with Chief Ogbonnaya Onu, Nigeria’s Minister of Science & Technology. “IsDB is scaling up in the […]
For the few who might not be familiar with the business, what’s the story behind Aldar? Aldar was founded just over a decade ago in 2005, and is now the leading real estate lifestyle developer in Abu Dhabi. Since we began, we have always pushed boundaries, resulting in some of Abu Dhabi’s most iconic real estate projects. Our business focuses on two main areas – real estate […]
Terrorism and declining oil prices affected the regional hospitality sector especially in Saudi Arabia, Turkey and Egypt, according to Mark Willis, Vice president Middle East and sub-Saharan Africa, Carlson Rezidor Hotel Group. Willis is however optimistic about the results of the Saudi economy during the first quarter of 2017 while stressing that the most difficult performance for their Radisson Blu hotels was in Turkey and Egypt. “We […]
RIYADH British Prime Minister Theresa May called for an investigation into reports of a chemical weapons attack in northern Syria on Tuesday. “I’m appalled by the reports that there’s been a chemical weapons attack on a town south of Idlib, allegedly by the Syrian regime,” May said while visiting Saudi Arabia. “If proven, this will be further evidence of the barbarism of the Syrian regime.” She urged […]
British Prime Minister Theresa May arrived in Saudi Arabia on Tuesday hoping to tap the oil-rich kingdom’s “immense potential” as she looks to secure post-Brexit investment and trade. May landed at a military airport in the Saudi capital, state news agency SPA said, coming from Jordan. Facing criticism at home and calls to raise rights issues with Saudi leaders, May insisted she had no problem talking about […]
RIYADH British Prime Minister Theresa May said on Tuesday she would raise “hard issues” with Saudi Arabia’s leaders during her visit, as critics urged her to pressure Riyadh over its war in Yemen and human rights record. May was expected to explore ways of boosting trade ties with the kingdom during her two-day visit, her second to a Gulf Arab state since Britain decided to leave the […]
The ‘Panama Papers‘ scandal was one of the biggest data leaks in history. But a year on from the exposé by the International Consortium of Investigative Journalists (ICIJ), it appears to be simply ‘business as usual’; as few governments have meaningfully tackled the issues of tax avoidance and evasion. Unparalleled leaks The leak was huge. It contained 11.5 million documents, and named more than 200,000 companies, 14,153 clients in […]
For traders trying to decipher if Opec’s output cuts are finally tightening the oil market, the evidence may lie out at sea. Data provided to the Financial Times show that crude oil being shipped over the oceans or stored on supertankers has dropped by as much as 16 per cent since the beginning of the year, in a signal that supplies could be dropping faster than many […]
Saudi Arabia posted its first rise in non-oil exports for eight months in January, according to latest data released by the country’s Central Department of Statistics and Information. The value of Saudi Arabia’s imports shrank 11.6 percent to SR43.2 billion from a year earlier in January while non-oil exports rose by 10.3 percent to more than SR14 billion over the same period. Non-oil exports traditionally account for […]
Knowledge+™ provides Saudi leaders the skills to lead their own communications teams 04 April 2017Knowledge+™ provides Saudi leaders the skills to lead their own communications teams Al Riyadh – Leading public relations and communications agency Hill+Knowlton Strategies (H+K) has launched Knowledge+™, a communications training academy created as a solution to the talent development needs of the Middle East and North Africa region. Bridging the skills gap through […]
Benjamin J. Rhodes, who was a foreign policy adviser to President Barack Obama, wrote on Twitter: “Kushner in Iraq before the National Security Advisor or Secretary of State. Totally normal.” Continue reading the main story That was not the only way the trip broke with usual government practice: On Sunday evening, as word of Mr. Kushner’s trip began to spread, the White House incorrectly told reporters on […]
That big hug was just what Mr. Sisi’s government sought, said Eric Trager, a scholar on Egypt at the Washington Institute for Near East Policy. “It wants to see the White House legitimate it, and set it on a new course.” Continue reading the main story The scene provided a powerful counterpoint to Mr. Sisi’s many critics, in Egypt and abroad, for whom he is known as […]
Abu Dhabi, 2 April 2017: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has been named the Best Islamic Financial Institution in the UAE by Global Finance Magazine, one of the world’s leading finance and banking publications. Now in its 10th edition, the Global Finance Magazine awards are bestowed on banks that provide best in-class Shariah-compliant banking services and solutions, utilize modern and efficient channels to […]
Some of the region’s leading female filmmaking talent gathered at the film and TV industry trade show Cabsat at Dubai World Trade Centre last week to talk about their careers and the challenges they face. They were assembled by Japanese camera manufacturer Canon to help promote the local launch of its new C700 cinecamera. Encouragingly, none of those we spoke to felt they had been passed over […]
Authored by Giulio Meotti via The Gatestone Institute, British multiculturalists are feeding Islamic fundamentalism. Muslims do not need to become the majority in the UK; they just need gradually to Islamize the most important cities. The change is already taking place. British personalities keep opening the door to introducing Islamic sharia law. One of the leading British judges, Sir James Munby, said that Christianity no longer influences […]
Britain has apologised after an egg was thrown at a Saudi military official during a visit to London, Saudi state media said Sunday. An anti-war activist last week attempted a citizen’s arrest of General Ahmed Assiri, spokesman for the Saudi-led Gulf coalition fighting rebels in Yemen, before another threw an egg that hit Assiri in the back. British Foreign Secretary Boris Johnson called Deputy Crown Prince Mohammed […]
ABU DHABI // Abu Dhabi has pushed ahead with a construction programme that began before crude prices slumped in 2014. From a branch of the Louvre museum in Paris, a new airport terminal and a nuclear power plant, here are the 10 biggest projects under way in the emirate. With a combined value of Dh134 billion they are expected to be completed by 2020, according to a […]
Kuwait City, April 1st 2017: KAMCO Investment Company, a leading investment company with one of the largest AUMs in the region, acted as the acquisition advisor to Qurain Petrochemical Industries Company KSCP (“QPIC”) on the acquisition of 20.5% of National Petroleum Services Company KSCP (“NAPESCO”). The transaction has been successfully completed throughout multiple stages that was initiated in the third quarter of 2016 and finalized in March […]
Ecommerce platform MallfortheWorld has announced that consumers in the UAE, Saudi Arabia and Qatar will now have access to more than 150 of US retailers through its app, marking its first foray into the Middle East. MallfortheWorld said in a statement that its cross platform app, with both desktop and mobile versions available, will launch in other Gulf countries by the end of the year. The website […]
Your daily guide to community and cultural activities across the Emirates for April 2, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi #YearofGiving Donate pre-loved […]
Saudi Arabia’s gross domestic product, adjusted for inflation, grew 1.2 percent from a year earlier in the fourth quarter of 2016, official data has showed. The rate of growth increased compared with 0.9 percent in the third quarter, which was the slowest rate in over three years, according to preliminary data from the country’s Central Department of Statistics showed. They also showed that the Q4 GDP growth […]
Event will gather together CEOs, CMOs, Presidents and VPs from across the region and beyond Riyadh KSA, April 1 2017: For the first time, Saudi Arabia will host the ‘Top CEO Conference and Awards’ – an event which will see CEOs, CMOs, Presidents and VPs from across the Arabian Gulf region and beyond gather together on 10th and 11th April 2017 at Bay La Sun Hotel & […]
DUBAI // Three men were sentences to life for possessing almost four million illegal amphetamine tablets. On July 12 of last year, a 43-year-old from Saudi Arabia and two Syrians were arrested by Dubai Police’s anti-narcotics department in a sting operation after the authorities were tipped off that the men possessed a large quantity of drugs. “We received information that the Saudi man was part of a […]
