By order of royal decree, the Kingdom of Saudi Arabia established the Saudi Development and Reconstruction Program in Yemen (SDRPY). The organization’s goal is to work with the Yemeni government to help the people of Yemen rebuild their country. SDRPY gets the funding it requires to do
The UAE will play host to some of the world’s most renowned mental health doctors for the very first time, thanks to Al Jalila Children’s Specialty Hospital. The International Association for Child and Adolescent Psychiatry and Allied Professions ( IACAPAP) will host the 25th annual meeting from December 5-9. As of 2016, Dubai holds the
The Mohammed bin Salman Foundation and innovation experts Plug and Play have collaborated for the Misk Accelerator Program, from which 19 entrepreneurs are moving forward with their initiatives. These recent alums are part of Cohort 3 of the program, which gives young startups in the MENA area access to a yearlong instruction curriculum. The program […]
The Saudi Press Agency reported that on Thursday, the Saudi Defense Ministry agreed to work with a Spanish state-owned company to make battleships for the Saudi Navy. The Memorandum of Understanding was signed in the presence of Prince Khalid bin Salman bin Abdulaziz, the Saudi Minister of Defense, and Mara Reyes Maroto, the Spanish Minister […]
More than eighty-five tons of medicine and medical supplies have been sent from the United Arab Emirates to Gaza to aid local hospitals. According to the Emirates News Agency (WAM), six trucks crossed into Egypt via the Rafah Border Crossing on Monday. The State Of Gazan Hospitals For many years, healthcare quality in Gaza has deteriorated due […]
Energy Transition In Saudi Arabia: Renewable Technology At Home, Oil Abroad : Saudi Arabia has long since been referred to as the Kingdom of oil. Since Saudi Arabia’s first oil discovery in 1933, the region has long been the focus of news when discussing oil because it is the world’s largest producer of that substance. […]
Abu Dhabi’s Economic Development Chairman Says A New Strategy Is Near : On Thursday, Mohamed Ali Al Shorafa, chairman of Abu Dhabi’s Department of Economic Development, said that the emirate is almost ready to reveal its new economic strategy as a whole. Abu Dhabi is “close to unveiling Abu Dhabi’s new economic strategy,” which will […]
Jeddah frequently experiences heavy downpours and flooding during the winter. Located on the Red Sea, the city of Jeddah is home to a population of about 4 million people, and it is often called the “gateway to Mecca,” from which millions of people annually make the journey to perform the hajj and umrah pilgrimages. Many […]
UAE Explores Economic Opportunities in the Caribbean: Metadata: The UAE recently deepened its interest in economic opportunities. In accordance with this drive, the country has announced that it intends to explore the Caribbean’s economic opportunities. This article gives details on this move. Keywords: The Carribbean, Investment, Economic Opportunities The UAE has
Saudi Arabia Signs Energy Agreements With Egypt: Saudi Arabia recently announced that it signed an MoU detailing an energy agreement with Egypt. Both countries signed the agreement during this year’s edition of COP 27, the UN Climate Change Conference and the Green Middle East Initiative Summit. Both events were held at Sharm el-Sheikh, although it […]
Saudi Arabia Signs Deals Worth $30 Billion With South Korea: Saudi Arabia has signed investment deals worth about $30 billion with South Korean companies. The announcement was made by Saudi Arabia’s Minister of Investment, Khalid Al-Falih. Under the numerous deals signed with South Korea, companies like Samsung C&T Corp and POSCO Holdings signed about twenty […]
UAE’s Schools Operator Announces IPO Launch: Taleem Holdings PJSC, one of the largest school operators in the UAE, has announces its IPO launch (Initial Public Offering). Upon its launch, Taleem became the only dedicated education provider listed on the Dubai Financial Market (DFM). Taleem Holdings, which was formerly regarded as Beacon Education, is a UAE-focused […]
UAE Scraps VAT for Board Members: The UAE’s Ministry of Finance has scrapped VAT payments for board members who render services. Younis Haji Al Khoori, the Ministry’s undersecretary, made the announcement. According to Al Khoori, the cabinet decision will officially come into effect by January 1st, 2023. The recent decision covers all members of a […]
Sudan is Set to Receive a $3 Billion Investment from Saudi Arabia to ensure stability in the country
Saudi Arabia has decided to put into practice the natural law of loving one’s neighbour as the country has agreed to issue a $3 billion humanitarian aid investment in its Gulf counterpart Sudan. The government has deemed it fit to assist Sudan as the latter navigates the current political turmoil within its territory. What has Spurred the […]
The United Arab Emirates has decided to levy companies in the private sector that have consistently refused to increase their Emiratization rates by 2%. The $1,633 fine implemented by the country is to maintain a form of equilibrium in the labour market while watching out for the interest of the companies in the private sector. […]
The Kingdom of Saudi Arabia has vowed to contribute $2.5 billion to the green initiative to be sponsored in the Middle East. This move aims to reduce carbon emissions, achieve significant sustainability, and climate change prevention milestones. All You Need to Know about the Sustainability Donation to the Initiative Saudi Arabia pledges to issue the sum of […]
Alphabet, Google’s mother company, is profoundly considering establishing more cloud innovation centres in the Middle East to spur growth in its cloud services. This move is seen as a strategic one by the company to put it on par with its competitors, namely Amazon and Microsoft. What are the Details of the Expansion? Alphabet is currently working to
The UAE is to Provide Humanitarian Relief to Flood Victims in Nigeria : The United Arab Emirates has directed a plane carrying humanitarian supplies to Abuja, the capital of Nigeria, to mitigate the effect of the flood that has plagued the country recently. The supplies primarily consisted of food relief for those stranded or incapacitated […]
UAE in Talks with Vietnam for Commercial Cooperation : Hanoi, the capital city of Vietnam, recently announced its intention to expand its commercial ties with the UAE. Nguyen Van Phong, the Deputy Secretary of the Hanoi Party Committee, made this statement. He reiterated Hanoi’s desire for commercial cooperation with Dubai authorities when he was on […]
UAE in Talks with Cambodia for Free Trade Agreement : The United Arab Emirates (UAE) has officially kick-started talks with Cambodia to establish a Comprehensive Economic Partnership Agreement (CEPA). Talks on the agreement were initially initiated in a meeting earlier this year. During the meeting, Pan Sorasak, Cambodia’s Minister of Commerce, and Dr. Thani bin […]
