News related to
Saudi

UAE Rulers condole with Saudi King over passing of Prince Mohammed bin Saad Al Saud

Dubai just behind Mumbai in growth of centi-millionaires

Arabian Post Staff Dubai had ended up just behind Mumbai, with centi-millionaire growth of 78% projected over the next 10 years, according to the 2023 Centi-Millionaire Report released by wealth and investment migration advisors Henley & Partners and featuring exclusive data from global wealth intelligence firm New World Wealth. Dubai is followed by China’s main transport and trading nexus Guangzhou (76%), and the world’s most expensive city, […]

Why the US dollar might not be the safe haven you think it is

The US dollar strengthened against most of its major peers this week as traders digested the shock attack by Hamas within Israel. The ICE US Dollar Index DXY, a gauge of the currency’s strength against a basket of rivals, rose 0.5% to 106.52, according to FactSet data. This is hardly surprising as in times of geopolitical crises, investors typically pile into safe haven assets, such as the […]

The gun has won against olive branch

Matein Khalid Once again, the gun has vanquished the olive branch in the Middle East. The dawn assault by masked Hamas gunmen who infiltrated Israeli towns, villages and kibbutzim across the Gaza border and went on a rampage of indiscriminate killing against civilians asleep in their homes and farms. Any act of calculated violence against an unarmed civilian population is an act of terror, whether it was […]

A Tunisian Party Evolves From Islamism To Muslim Democracy

By James M Dorsey Islamic Law is at the centre of debates about what constitutes moderate Islam and what it would take to reform Islam. Essentially, two schools of thought dominate the discussion. Islam’s traditional approach simply picks and chooses which elements of Sharia it opts to ignore. That is the approach adopted by autocratic […]

The post A Tunisian Party Evolves From Islamism To Muslim Democracy first appeared on Latest India news, analysis and reports on IPA Newspack.

Gasoline demand plunges to 25-year low

By Matein Khalid Something is dangerously wrong in a world where the price of crude oil can drop 5.6% in a single session, as it did last night in New York. My short idea on crude oil three days ago and the dissection of the Dubai property cycle was savaged by critics who assured me that I did not understand that Saudi Arabia’s command is Biden’s demand […]

Ahmed bin Mohammed visits Saudi German Hospital in Al Barsha

DUBAI, 3rd October, 2023 (WAM) — His Highness: Aligned with Mohammed bin Rashid’s vision to consoli

US political circus over by no means

By Matein Khalid Congress has averted a government shutdown in October but the political circus will resume in mid November. The risk of a US and thus global recession has never been higher, this time the wolf is here. Why? One, every major US recession since 1974 has been preceded by a sharp rise in oil prices. Brent crude was $70 in early June and is near […]

House of Wisdom and King Faisal Centre sign MoU to organise exhibition of rare manuscripts in Sharjah

RIYADH, 1st October, 2023 (WAM) — The House of Wisdom (HoW) in Sharjah signed a cooperation agreeme

Latifa bint Mohammed launches inaugural Dubai Calligraphy Biennale

Saudi-Israeli Deal Would Be A Gamechanger, But Not For Discussed Reasons

By James M Dorsey A Saudi-Israeli agreement to establish diplomatic relations involving enhanced US commitments to Gulf security could be a game-changer for great power rivalry in the Middle East. To be sure, US President Joe Biden and Israeli Prime Minister Binyamin Netanyahu face formidable obstacles in paying the price tag Saudi Arabia puts on […]

The post Saudi-Israeli Deal Would Be A Gamechanger, But Not For Discussed Reasons first appeared on Latest India news, analysis and reports on IPA Newspack.

507 creatives from 22 countries compete for Etisalat Award for Arabic Children’s Literature 2023

Anwar Gargash: UAE’s foreign policy is built upon three pillars: stability, prosperity and principles

DUBAI, 27th September, 2023 (WAM) – Dr. Anwar Gargash, Diplomatic Adviser to the UAE President, said

Tourists avoid unfamiliar destinations, says global survey

International tourists are less likely to consider exploring unfamiliar tourist destinations, opting to travel to locations that they are more familiar with, according to an international YouGov survey. The YouGov survey of over 17,500 people, commissioned by the Saudi Tourism Authority and published ahead of this year’s World Tourism Day in Riyadh, was carried out in 15 countries across Asia, Africa, America, Europe and the Middle East. […]

AIADMK Has Finally Ditched BJP Dashing Its “Southern Conquest” Hopes

By Sushil Kutty The alliance between the Bharatiya Janata Party and the All India Anna Dravida Munnetra Kazhagam is over, “khaalaas” as it is said in the Gulf countries — in UAE, Oman, Bahrain, Qatar, Saudi Arabia… After weeks and months of being taken down by the state unit of the BJP and with the […]

The post AIADMK Has Finally Ditched BJP Dashing Its “Southern Conquest” Hopes first appeared on Latest India news, analysis and reports on IPA Newspack.

UNDP, MBRF launch pan-Arab re-skilling initiative

Arabian Post Staff The United Nations Development Programme (UNDP) and the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) teamed up with the online learning platform, Coursera, to launch the FutureSkills4All initiative — a transformative programme aimed to provide scholarships for upskilling and reskilling citizens across the Arab States region to enhance their employability in jobs of the future that will drive economic growth in the region. […]

‘Buy when there is blood on the street’

Matein Khalid Lord Rothschild’s advice to “buy when there is blood on the street” is perfectly apt in the bombed out carnage of US office REITs, where stocks have fallen on a quantum scale more than the value of the underlying brick and mortar. Vacancy rates have spiked in the post pandemic, remote/hybrid work zeitgeist of 2023, the Fed’s draconian monetary tightening has gutted valuations and the […]

The Proposed India-Middle East-Europe Economic Corridor Is Yet A Concept

By Girish Linganna Prime Minister Narendra Modi is really hopeful about the India-Middle East-Europe Economic Corridor (IMEC), which he introduced at the G20 summit in New Delhi recently. However, some people think that not all countries in this project see it as something against China’s Belt and Road Initiative. Building a smooth transportation route connecting […]

The post The Proposed India-Middle East-Europe Economic Corridor Is Yet A Concept first appeared on Latest India news, analysis and reports on IPA Newspack.

Sharjah Ruler congratulates Saudi King on National Day

Saqr Ghobash congratulates Speaker of Saudi Shura Council on 93rd National Day

ABU DHABI, 23rd September, 2023 (WAM) – Saqr Ghobash, Speaker of the Federal National Council, congr

Sheikha Fatima sends congratulatory messages to wives of Saudi King, Crown Prince on 93rd National Day

ABU DHABI, 23rd September, 2023 (WAM) – H.H. Sheikha Fatima bint Mubarak, the “Mother of the Nation,

BRICS Expansion Creates A Global Super Power In Renewable Energy

By K Raveendran The planned expansion of the BRICS bloc, through the addition of new members Saudi Arabia, Iran, United Arab Emirates (UAE), Egypt, Ethiopia and Argentina, will transform the grouping into a global leader in renewable energy in the coming decades. The six new members will join the BRICS group of Brazil, Russia, India, […]

The post BRICS Expansion Creates A Global Super Power In Renewable Energy first appeared on Latest India news, analysis and reports on IPA Newspack.

Ahmed bin Mohammed attends Saudi Arabia’s National Day reception in Dubai

DUBAI, 22nd September, 2023 (WAM) — H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second De

Saudi logistics player enters US market

AJEX Logistics Services, the Saudi-headquartered Middle East specialist in express distribution and shipping solutions, announced its expansion into the United States market. This strategic move represents a significant milestone in the company’s global initiative to foster connectivity between Saudi Arabia and the world. AJEX’s presence in the U.S will serve as a pivotal element in providing seamless logistics solutions for E-Commerce brands, industrial connectivity, and global trade […]