NEWS DESK GCC UAE

Several Thousand Volunteers from the UAE all Pitch in to Show their Support for Turkey

News Editor 22/02/2023 0

Thousand of volunteers from the UAE come together to aid victims of the Earthquake in Turkey and Syria. The Earthquake which hit Turkey in the town of Gaziantep on the 6th of February 2023 was a 7.8 magnitude and resulted in numerous aftershocks making it one of the deadliest earthquakes in

NEWS DESK GCC Saudi Arabia

Saudi Arabia is in an Unprecedented Partnership with Sandbox to Effect plans for a Future Metaverse.

News Editor 21/02/2023 0

It is official; the Kingdom of Saudi Arabia has partnered with the Sandbox to explore, advise, and support the metaverse development. This move by the Saudi Arabian government is expected as the country has recently been invested in promoting the metaverse to realize its vision for 2030. What are the Specific Details of the Relationship […]

NEWS DESK GCC Saudi Arabia

Saudi Arabia Continues to Hold its Hand in the Production of Oil as it Sounds a Cautionary Note

News Editor 18/02/2023 0

Prince Abdulaziz bin Salaman, the Saudi Arabi minister of Energy, recently declared that the Kingdom would continue to stay its hand in oil production amidst increasing global demands. This move is in response to the predicted hike in the price of oil and the impact it may have on the liquidity of oil markets and […]

NEWS DESK

The United Arab Emirate is to Embark on a New Process for Visa Change for Visitors in the Country

News Editor 17/02/2023 0

The Federal Authority for Identity, Nationality, Customs and Ports Security in the United Arab Emirates recently announced that it had initiated an intelligent service system that allows visitors within the country to extend the duration of their visas for 60 days upon expiration. Indeed, this initiative is a welcome change in the country as it […]

NEWS DESK GCC Saudi Arabia

The Public Investment Fund is Set to Place Saudi Arabia on a Path to Increased Growth

News Editor 16/02/2023 0

Saudi Arabia is to attract local and international opportunities with the inception of the Public Investment Fund. The fund is to promote economic diversification in the country through strategic international and domestic investment. Undoubtedly, the fund will set Saudi Arabia on an increased pace to a significant positive growth curve. Why the Public Investment

NEWS DESK GCC Saudi Arabia

Saudi Arabias Mega Project, Neom, has Begun Effecting positive Changes in Human Resources within The Country

News Editor 15/02/2023 0

In 2017, the kingdom of Saudi Arabia made a bold decision in line with its vision 2030. It unveiled its plan to build a smart city – Neom across the desert North-West of the country. The proposed city was to be a spotless one without carbon emissions and cars. Almost six years later, it is […]

NEWS DESK GCC Saudi Arabia

Saudi Arabia Signs MoU with Italy to Increase Trade Exchange

News Editor 12/02/2023 0

Saudi Arabia has officially signed a Memorandum of Understanding (MoU) with Italy to enhanceSaudi-Itali bilateral trade relations. The agreement was made between the Saudi Export-ImportBank and the Italian Export Credit Agency (SACE). The deal aims to empower Saudi Arabianexporters and international investors.  Key parties officially signed the agreement at

NEWS DESK

Bahrain Announces Measures to Combat Inflation

News Editor 11/02/2023 0

Global inflation is currently at an all-time high. Many issues have contributed to this situation. One such issue is the financial instability caused by the coronavirus pandemic. The after-effects of the economic downturn during the outbreak still linger today. Another issue contributing to global inflation is many countries’ rising energy and food prices. The

NEWS DESK GCC Saudi Arabia

Saudi Arabia Records 18 Million Tourist Visits in 2022, Targets 100 Million by 2030

News Editor 10/02/2023 0

Saudi Arabia has broken yet another record. This time, with its tourism sector. The Kingdom recorded 18 million visits in the first nine months of 2022, making it the Arab country with the highest number of tourist visits during that period. The United Arab Emirates (UAE) came in second place with almost 15 million visits, […]

NEWS DESK GCC Saudi Arabia

Saudi Arabia Signs MoU to Promote Peace and Stability

News Editor 09/02/2023 0

Saudi Arabia has always been at the forefront of promoting peace and stability in the Middle East and the world. The Kingdom has taken this commitment to peace a step further by signing a Memorandum of Understanding (MoU) with Chad. The MoU is expected to symbolize a defence cooperation between both countries. It is also […]

NEWS DESK GCC UAE

UAE Announces Plan to Invest $15 Billion in Low Carbon Energy Push

News Editor 08/02/2023 0

The world is increasingly paying attention to climate change. More countries are devising methods to reduce the effects of global warming, and the United Arab Emirates (UAE) is not left out. The government recently announced its intention to invest as much as $15 billion in its low-carbon energy drive. This investment was made through the […]

NEWS DESK GCC Saudi Arabia

“Saudi Is A ‘bright Spot’ For Global Economy,” Says Panel Of Financial Experts And Saudi Ministers

News Editor 04/02/2023 0

Saudi ministers and a panel of finance experts said at the World Economic Forum in Davos that their country is a “bright spot” for a global economy facing a slowdown this year. Finance Minister Mohammed Al-Jadaan claimed that the Kingdom had anticipated the trend of global inflation earlier than other countries. He mentioned that the Saudi government

NEWS DESK

Red Sea Fund Announces 36 Grant Recipients For Production And Post-Production

News Editor 04/02/2023 0

The recipients of the Red Sea Fund’s production and post-production cycles in 2022 were announced by the Red Sea Film Festival Foundation. Grants totaling $1 million will be awarded to complete the production of 36 films by Saudi, Arab, and African filmmakers who are bringing attention to significant stories and new talents in their respective regions.

NEWS DESK GCC Saudi Arabia

Saudi Arabia’s Bid For Expo 2030 Represents “An Investment In The Future Of Saudi’s Citizens, Residents, And Guests,” RCRC Chief Tells Davos

News Editor 04/02/2023 0

Saudi Arabia’s bid for Expo 2030 was, according to Fahd Al-Rasheed, the head of the Royal Commission for Riyadh City, an investment in the future of the city’s citizens, residents, and visitors. Saudi’s Vision For Expo 2030 The future of the Expo 2030 site and its significance to the community is on their minds, he said. It’s […]

Business

A Riyadh Exhibition Displays The Futuristic City “THE LINE” by NEOM

News Editor 28/01/2023 0

In Riyadh, an exhibition showcasing a smart city being constructed as one of the NEOM projects in northwest Saudi Arabia has opened. The exhibition, which will run until April 29, 2023, at the Diriyah Biennale Foundation for Contemporary Art in Riyadh’s Jax district, will showcase the revolutionary architectural designs and urban planning concepts used in […]

Business

CBHUK CEO Predicts A Massive Digital Transformation In The Hajj Sector, Which Will Improve The Overall Pilgrim Experience 

News Editor 27/01/2023 0

According to Rashid Mogradia, chief executive officer of the Council of British Hajjis, the massive digital transformation sweeping various aspects of the Hajj and Umrah sector in Saudi Arabia will streamline the delivery of services and improve pilgrims’ experiences. Mogradia, reporting from Jeddah’s Hajj Expo 2023, praised the industry’s dedication to

Business GCC Qatar Saudi Arabia UAE

Saudi Arabia, The UAE, And Qatar Gain A Cultural Advantage Through Significant Investments In The Creative Economy

News Editor 27/01/2023 0

Undeniably, there was a rush in 2022 to make up for the disastrous effect the pandemic had on tourism, entertainment, and concert attendance in 2021 because of lockdowns. As the rest of the world’s economy struggles to recover from the global pandemic caused by the conflict in Ukraine, the energy-exporting countries of the Persian Gulf, […]

Tech GCC UAE

Dfsa’s New Business Plan Will Help The UAE Become A Global Leader In The Financial Services Industry

News Editor 26/01/2023 0

As Dubai and the UAE continue to develop, the DFSA has released its Business Plan for 2023–24. The plan is organized around four strategic themes. These themes are designed to encourage business expansion in Dubai. The DFSA has put out a two-year plan to help the Dubai International Financial Centre (DIFC) meet its statutory objectives, such as establishing […]

NEWS DESK GCC Saudi Arabia

Conjoined Twins Separated In An 11-Hour Surgery In Saudi Arabia

News Editor 25/01/2023 0

According to the Saudi Press Agency, a team of highly trained surgeons in Riyadh successfully separated Iraqi conjoined twins Ali and Omar on Thursday. It took a 27-person team of consultants, specialists, nurses, and technicians 11 hours to complete the six-part operation, which was carried out per instructions from King Salman and Crown Prince Mohammed […]

Business GCC Saudi Arabia

This Year, Saudi Arabia Is Set To Surpass India As The Fastest-Growing Major Economy

News Editor 21/01/2023 0

India is projected to lose its status as the world’s fastest-growing major economy this year. The Indian Ministry of Statistics and Program Implementation projects that Saudi Arabia’s GDP will develop at a quicker pace than India’s, at 7.6 percent per year, thanks to the continued boost provided by increased earnings from higher energy prices. With growth