Saudi Arabia’s oil minister has firmly rejected the notion that the kingdom’s recent production cuts are aimed at artificially inflating oil prices. Speaking at the World Petroleum Congress in Calgary, Energy Minister Prince Abdulaziz bin Salman emphasized that the decisions to reduce production were based on data and market dynamics rather than an intention to […]
In a surprising turn of events, the inflation rate in the United Kingdom has unexpectedly slowed, potentially leading to a pause in the Bank of England’s ongoing series of interest rate hikes. This development has sent shockwaves through the financial markets, with the pound weakening, and investors speculating about the central bank’s next move. The […]
Abu Dhabi Global Market (ADGM), the international financial center of the UAE’s capital, unveiled a lineup of 25 prominent UAE entities and global corporations as partners committed to supporting the upcoming Abu Dhabi Finance Week (ADFW), a flagship financial event series. Scheduled to run from November 27th to 30th, 2023, under the patronage of H.H. […]
Expo Centre Sharjah has announced its readiness to host the 52nd edition of the Watch & Jewellery Middle East Show, scheduled to take place from September 27th to October 1st, 2023. Supported by the Sharjah Chamber of Commerce and Industry (SCCI), this highly anticipated event will gather over 500 local and international exhibitors under one […]
Miral Group, based in Abu Dhabi, has officially launched its Corporate Social Responsibility (CSR) strategy, aimed at creating a positive impact on society. Drawing inspiration from its enduring commitment to the communities it serves, this strategy will initiate and execute over 80 economic, social, and environmental initiatives and programs over the next two years. These […]
The Sharjah Chamber of Commerce and Industry (SCCI) has revealed its readiness to host the first-ever Gulf-Iraq Business Forum, scheduled for the 26th and 27th of September. Themed “Partnership for a Promising Economic Future,” this event will take place under the esteemed patronage of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince […]
The United Arab Emirates (UAE) has officially announced a paid holiday to commemorate the birthday of Prophet Muhammad (Peace be upon him). On Friday, September 29, federal government employees will enjoy a day off to observe this significant occasion. This holiday translates into a three-day weekend for most government workers, who typically have Saturdays and […]
In a historic moment, Emirati astronaut Sultan AlNeyadi arrived back home to a hero’s welcome on Monday after completing an extraordinary six-month mission aboard the International Space Station. His return was marked by an emotional reception at Abu Dhabi airport, where he was greeted by UAE President Sheikh Mohamed bin Zayed and Dubai’s ruler, Sheikh […]
Arsenal Football Club and Sobha Realty, a prominent Dubai-based real estate developer, have united their strengths in a groundbreaking multi-year global partnership. The official announcement of this collaboration took place at the Sobha Hartland Events Hall in Dubai, where representatives from both entities came together to mark the beginning of a remarkable journey. The fusion […]
Cityscape Global’s real estate exhibition in Saudi Arabia has created waves in the industry, recording an astounding $110 billion ($29.3 billion) in real estate investments. The event, held at the prestigious Riyadh International Exhibition and Convention Centre, marked a significant milestone as it brought together 350 exhibitors, over 10,000 international investors, an impressive roster of […]