Saudi Crown Prince, US Secretary of Defense discuss troop deployment
:: Saudi Arabia’s Crown Prince Mohammed bin Salman received a phone call on Wednesday from the US Secretary of Defense during which they discussed ongoing arrangements to send US troops of a More »
Saudi Energy Minister confirms restoration of Kingdom’s gas production capacity
:: Saudi Arabia’s Minister of Energy confirmed on Wednesday the restoration of production capacity, affirming the Kingdom’s position as a reliable energy supplier in the global market. The energy minister, Prince Abdulaziz More »
Egypt calls Erdogan statements ‘ironic,’ accuses Turkey of sponsoring terrorism
:: Egypt’s foreign ministry spokesman, Ahmed Hafez, slammed Turkish President Recep Tayyip Erdogan’s statements at the UN General Assembly this week where he urged the UN to “handle the suspicious death of More »
Saudi Crown Prince: Attacks are test of int’l resolve against destructive acts
:: Saudi Arabia’s Crown Prince Mohammed bin Salman said on Wednesday that the attacks on Saudi Aramco oil facilities are a test of international resolve in the face of destructive acts that More »
Saudi Crown Prince says attacks on oil facilities are a ‘dangerous escalation’
:: Saudi Arabia’s Crown Prince Mohammed bin Salman said the recent attacks on Saudi Aramco facilities represented a “dangerous escalation not only toward the Kingdom but also the entire world.” The Crown More »
Tag Archives: DUBAI
Dubai Civil Defense puts out fire at Jumeirah construction site
:: Dubai Civil Defense have put out a small fire that erupted at a construction site with no injuries reported so far, Dubai Media Office said on their official Twitter account. The adjoining Jumeirah St. road next to the construction
Dubai still in lead, but race for Gulf financial supremacy is hotting up
By : Frank Kane :: The Dubai International Financial Center (DIFC) last week gave an update on the impressive plans it has to expand — both physically and commercially — as part of a 10-year plan that aims to triple
Work on Grand Mosque expansion to resume
:: Saudi Binladin Group will restart work next month on the $26.6 billion expansion of the Grand Mosque in Mecca, nearly two years after work stopped in the wake of a crane collapse at the site that killed 107 people,
Update on how the giant Dubai Creek Tower is shaping up
:: Announced in October of last year, Dubai Creek Tower, is now among the UAE’s skyscraper giants, despite not having its exterior skeleton ready yet. The company in charge of building the tower, Emaar, released new aerial photographs resembling the
British Pakistani actor performs powerful poem on terrorism on The Tonight Show
:: British Pakistani actor Riz Ahmed stunned the audience during an episode of The Tonight Show Starring Jimmy Fallon this week after he performed a poem on terrorism and extremism. The actor, rapper and activist delivered a powerful spoken word
Details emerge on when UAE expects to issue tax laws
:: United Arab Emirates expects to issue laws on value-added tax and excise tax in the third quarter of this year, and to issue regulations covering implementation of those laws in the fourth quarter, a senior UAE official said on
Indian singers celebrate Pakistan’s Independence Day in viral video
:: As Pakistan celebrates its 70th Independence Day, one group of Indian singers is attempting to soothe tensions between the two countries with an a capella rendition of the Pakistani national anthem. Posted on YouTube last week by a group
British MP slammed for saying Pakistani men ‘predominately’ involved in sexual abuse
:: A British Labour MP has slammed a colleague’s claim that Pakistani men are “predominately” involved in grooming young girls for sexual abuse. MP Naz Shah accused Sarah Champion of making “blanket, racialized, loaded statements” and branded her as “irresponsible.”
Dubai and Egypt establish a joint development company in the Suez Canal Zone
:: DP World, a leading enabler of global trade, announced Wednesday the establishment of a joint development company with the General Authority for the Suez Canal Economic Zone in Egypt. The new venture will develop projects in the Suez Canal
Industries Qatar Q2 profit shrinks 47 pct, misses estimates
:: Profit at petrochemicals, metals and fertilizer conglomerate Industries Qatar shrank 47 percent from a year earlier in the second quarter of 2017 as sales declined, an earnings statement released on Tuesday showed. Quarterly profit dropped to 682 million riyals
Industries Qatar Q2 profit shrinks 47 pct, misses estimates
:: Profit at petrochemicals, metals and fertilizer conglomerate Industries Qatar shrank 47 percent from a year earlier in the second quarter of 2017 as sales declined, an earnings statement released on Tuesday showed. Quarterly profit dropped to 682 million riyals
Fire breaks out again in Dubai Marina, third blaze in a week
:: A fire was reported on Monday near Dubai Marina, the third blaze to occur in the area in one week. The fire happened at the Movenpick hotel at around 10am local time, according to Dubai-based Gulf News, citing social
Facebook shuts down chatbots experiment after they “create” own language
:: You could be forgiven for thinking you were reading an extract from a science fiction novel, or a psychological thriller, but Facebook were forced to shut down an experiment involving two robots, when they started talking to each other
Majid Al Futtaim announces $116.8 million City Centre Sohar in Oman
:: Shopping mall operator and retail firm Majid Al Futtaim has announced plans for a $116.8 million (SR438 million) shopping center in the Omani city of Sohar. City Centre Sohar, which will have 130 stores, a Carrefour Hypermarket and a
Fire breaks out at Dubai Torch tower again
:: A fire has ripped through a skyscraper in Dubai on Thursday, Dubai Media Ofice reported. Firefighting squads were deployed to The Torch tower, one of the world’s tallest residential buildings, to bring the fire under control. Videos being circulated
Islamic bank Ithmaar exploring sale of stake in Bahrain-based BBK – sources
:: Bahrain’s Ithmaar Holding is exploring the sale of its 25.4 percent stake in BBK BSC, which has operations in Bahrain and Kuwait, India and Dubai, sources familiar with the matter said. The stake is valued at about $250 million
UAE says measures against Qatar do not violate global trade agreements
:: Economic sanctions imposed on Qatar by three fellow Gulf states do not violate World Trade Organization agreements, a United Arab Emirates official said, after Doha launched a wide-ranging legal complaint at the Geneva-based body this week. The UAE, Saudi
Moody’s gets license to rate Saudi Arabia’s corporates
:: Moody’s has obtained a license to operate rating activities in Saudi Arabia, joining the two major foreign credit rating agencies Fitch and Standard & Poor’s, as the country seeks to develop its corporate debt capital markets. Saudi Arabia’s corporate
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