China and the UAE Join Forces to Secure the Country’s Property on the Moon : China and the UAE Join Forces to Secure the Country’s Property on the Moon In a never seen space collaboration between China and the UAE, both countries have agreed to the former’s assistance in
GCC
Stay connected with the pulse of the Gulf Cooperation Council (GCC) region on menews247. Explore the latest news, economic developments, and business dynamics across the GCC countries.
From regional cooperation in Saudi Arabia to trade agreements in the UAE, and socio-economic trends in Kuwait, Qatar, Bahrain, and Oman, get your 24/7 insight into the GCC’s evolving landscape. We are your comprehensive guide to understanding the Gulf’s strategic importance and cultural richness.
The Taliban administration in Afghanistan recently announced its intention to give force to the final contract to award the running and control of its airport to the state-owned GACC holdings in the UAE. This contract is primarily influenced by the Afghanistan government’s need to boost the country’s economic activities. Why UAE wants to enter the Agreement
The US has recently begun developing a military testing facility in Saudi Arabia to safely experiment with military-related inventions in open spaces within the country’s territory. The development of this facility is said to be the starting point of a deeper military relationship between both countries. Red Sands Integrated Experimentation Center _ What Is this?
Saudi Arabia makes a surprising move to slash crude oil prices for Asia and Europe by nearly $4 per barrel, the first tangible oil price slash in four months. This news comes when the country’s oil prices are at an all-time high. What are the Details of the Oil Price Reduction On September 6th, Saudi […]
Grieving in the UAE as the country declares three days of mourning for Britain’s Monarch : Queen Elizabeth II The UAE has issued an order for the national flags in all its sectors and embassy to fly at half-mast as a show of its state of mourning for Queen Elizabeth II, Britain’s Monarch, who recently passed […]
The UAE has issued visa restrictions on specific countries for the time being. This decision by the UAE government was at all times influenced by the actions of specific stakeholders in the affected country and not made arbitrarily. What are the Specifics of the Visa Restrictions? For some countries, the UAE has restricted issuing visas to persons […]
Saudi Arabia – with a 7.5% Potential Growth in 2022, is set to become an Economic Powerhouse as Reports Claim : Saudi Arabia – with a 7.5% Potential Growth in 2022, is set to become an Economic Powerhouse as Reports Claim Saudi Arabia is well on its way to becoming the world’s fastest-growing economy with […]
Saudi Arabia Tilts Its Gaze to Boosting Tourism Through the Tourists Visa Scheme : Saudi Arabia Tilts Its Gaze to Boosting Tourism Through the Tourists Visa Scheme In a bid to boost its tourism sector and foster international relations, Saudi Arabia has instituted a measure to issue new visas for visiting citizens from the US, […]
Saudi Arabia Signs Mou With Alstom to Boost Transport Sector : Saudi Arabia Signs Mou With Alstom to Boost Transport Sector The Saudi Arabian transport ministry has signed a Memorandum of Understanding with Alstom. Alstom is a French multinational manufacturing company that specializes in sustainable transport. The MoU is expected to boost investment in Saudi
Saudi Arabia Issues a Call for Nations to Cut Back on Oil Production : Saudi Arabia Issues a Call for Nations to Cut Back on Oil Production In its quest to ensure some form of stability in the oil market, Saudi Arabia is contemplating cutting back on oil production and influencing other OPEC nations to […]
Qatar Establishes Public Consultations for National Blockchain Blueprint : Qatar Establishes Public Consultations for National Blockchain Blueprint Like other countries across the globe, Qatar is making moves to strengthen its blockchain adoption. Last week, the Qatar Communications Regulatory Authority (CRA) launched a consultation to get public opinions and contributions
The Flames of Covid-19 Continue to Burn as Saudi Arabia Records New Cases of the Virus : The Flames of Covid-19 Continue to Burn as Saudi Arabia Records New Cases of the Virus The spread of Covid-19 in Saudi Arabia continues rapidly as the country continues to record new cases of the virus daily. While it is […]
The UAE and US Governments Meet to Discuss the Strengthening of Military Ties : The UAE and US Governments Meet to Discuss the Strengthening of Military Ties Rear Admiral Sheikh Saeed bin Hamdan, commander of the UAE Naval forces, and Vice Admiral Brad Cooper, Central commander of the US Naval forces, recently had a rendezvous to discuss […]
Tons of Relief Supplies Flood Pakistan as UAE President Gives Orders for Humanitarian Aid : Tons of Relief Supplies Flood Pakistan as UAE President Gives Orders for Humanitarian Aid Sheikh Mohamed bin Zayed Al Nahyan, the UAE President, issued directives for delivering relief supplies to Pakistan on the 27th of August, 2022. These supplies are […]
UAE airlines are increasing workers’ salaries and benefits while offering cheaper services : UAE airlines are increasing workers’ salaries and benefits while offering cheaper services The United Arab Emirates airlines seek to improve employee salaries and benefits. Earlier this year, the country expressed wishes to implement a 4% increase in workers’ wages. The increased
Bahrain Records a Ground-breaking $88 Million Revenue Surplus in the First Half of 2022 : Bahrain Records a Ground-breaking $88 Million Revenue Surplus in the First Half of 2022 Bahrain has recorded impressive records in the past year. Earlier this month, the Bahrainian government announced that it had surpassed its financial records for 2021. Bahrain […]
Jordan and Bahrain to Enter into a Bilateral Agreement to Tackle Conflict and Terrorism : Jordan and Bahrain to Enter into a Bilateral Agreement to Tackle Conflict and Terrorism In this era of increasing geo-political tensions, more countries seek to establish strong international cooperation to maintain social stability. Jordan and Bahrain have followed suit by […]
Chinese President – Xi Jinping is Set to Visit Saudi Arabia: Here’s What to Expect : Chinese President – Xi Jinping is Set to Visit Saudi Arabia: Here’s What to Expect The President of China, Xi Jinping, is expected to visit Saudi Arabia in the coming weeks. This visit comes after Biden’s controversial visit to […]
Commercial Bank International Launches the First Ever Metaverse Bank in the UAE : Commercial Bank International Launches the First Ever Metaverse Bank in the UAE Top-tier corporate and retail bank Commercial Bank International (CBI) recently announced its prospects to become the first ever Metaverse Bank in the UAE. CBI’s launch comes after the UAE pledges […]
Crown Dubai Prince Commissions a New Specialized Arm of Dubai Hospital Worth $48 Million : Dubai’s Crown Prince, Hamdan bin Mohammed Al Maktoum, recently inaugurated a new specialized arm of Dubai Hospital to cater to outpatients. The project, worth $48 million (Dh 177 million), aims to boost the hospital’s capabilities by 200 percent. The project is also […]