DUBAI — Turkish President Erdogan condemned Israel's plans of annexing Palestinian land while a cargo plane landed in Istanbul from Israel carrying cargo for the first time in 10 years on Sunday.
Israel's El Al airlines, the country's flag carrier, (...)
DUBAI — The world's first floating nuclear power plant has been fully commissioned to begin operation in northern Russia.
The floating nuclear power plant (FNPP), named Akademic Lomonosov, was commissioned on Friday. Andrei Petrov, the director of (...)
DUBAI — Turkey has secured a fresh source of foreign exchange from Qatar as authorities scramble to find foreign reserves to prop up the country's stumbling economy.
Turkish and Qatari central banks are tripling the limit of their existing swap deal (...)
DUBAI -- The Middle East is the second most popular region for renewable energy investment after North America, according to a recent report from UK-based law firm Ashurst.
The region is home to some of the largest renewable energy bets in the (...)
DUBAI — Over 6,500 foreign nationals have already returned to the UAE since the country allowed residents to return following a period of shutdown due to the coronavirus pandemic, according to a UAE government spokesperson.
Flights out of the UAE (...)
DUBAI -- The UAE's economy has a "greater ability" to begin growing again, compared to other countries following the coronavirus pandemic, an expert said.
The coronavirus, known as COVID-19, is predicted to cause the biggest global recession in (...)
DUBAI -- UAE banks provided 16.5 billion dirhams ($4.49 billion) in loans to the country's industrial and businesses sectors in the first three months of 2020, a period that includes the initial stages of the coronavirus pandemic, according to a (...)
DUBAI -- The UAE has no plans for a value added tax (VAT) rate hike, the UAE Ministry of Finance told Al Arabiya on Monday.
The UAE's VAT rate currently stands at 5 percent and was implemented at the beginning of 2018, although certain goods remain (...)
DUBAI — The health care and livelihood of the Saudi Arabian people are the main priorities for authorities, said Finance Minister Mohammed Bin Abdullah Al-Jadaan in an interview with Bloomberg, following the announcement of enormous spending cuts to (...)
DUBAI -- Emirates airline said on Saturday that it is operating limited passenger flights for travelers to return to the UAE, according to a travel update posted on the airline's website.
The airline has so far announced Frankfurt, Germany, and (...)
DUBAI -- Authorities here have shut down two shops, issued warnings to 81 more, and imposed a fine on one other for failing to abide by precautionary measures put in place to combat the COVID-19 coronavirus pandemic, Dubai Economy tweeted on (...)
DUBAI -- Expo 2020 Dubai has been officially postponed until October, 2021, after two-thirds of the Paris-based organizing body, the Bureau International des Expositions (BIE) Member States, voted in favor of postponing the mega event by one (...)
DUBAI — Dubai has ordered 19 shops to close and warned 165 more for failing to follow precautionary measures put in place to combat the spread of the coronavirus pandemic, according to Dubai Economy on Twitter Thursday.
Authorities also fined two (...)
DUBAI -- Authorities here closed nine shops, fined 18, and issued warnings to 176 more on Wednesday for failing to comply with safety precautions put in place for reopening following a period of closure due to the coronavirus pandemic, Dubai Economy (...)
DUBAI -- Authorities here are hoping to welcome tourists back to the city at the beginning of July, after banning arrivals last month to combat the spread of the COVID-19 coronavirus.
The UAE has temporarily banned visas on arrival for all (...)
DUBAI -- For not complying with mandatory precautionary measures for reopening following a period of closure of shops due to the coronavirus pandemic, Dubai Economy has shut down 26 shops, handed out warnings to 234 others, and fined 14 more,
The (...)
DUBAI — Saudi Arabia's healthcare sector is under pressure as revenue is estimated to plummet in 2020 due to the coronavirus pandemic, according to a report from Al Rajhi Capital.
Although healthcare use has surged due to the virus, demand has (...)
DUBAI -- Twentyone shops were shut down, warned 65 others were warned, and fines were imposed on seven more for not complying with guidelines governing how businesses can open following a period of closure due to the coronavirus pandemic, the Dubai (...)
DUBAI -- More than two thirds of the world's population is now living under some form of lockdown or quarantine with movement of the people restricted. In many countries, life has changed dramatically as police patrol public space, socializing is (...)
DUBAI — Authorities in the emirate of Dubai have announced new restrictions for movement permits as the city aims to combat the spread of the coronavirus.
Permits to leave the house to buy essential goods at a grocery store or pharmacy will now be (...)
DUBAI — Saudi Arabia had no intention "to create any type of damage" to the US shale oil industry, the Kingdom's Energy Minister Prince Abdulaziz Bin Salman said in a phone call with reporters, according to Energy Intelligence on Tuesday.
The (...)
DUBAI -- Startup investment deals in MENA plummeted 67 percent in March as the coronavirus pandemic hits investor appetite, according to a report from startup data platform MAGNiTT.
The coronavirus, officially known as COVID-19, has impacted (...)
DUBAI -- As winter in the northern hemisphere turns to summer, air-conditioning units begin to rattle into life as people begin to feel the heat. However, with the coronavirus pandemic underway, some have asked the question as to whether it is safe (...)
DUBAI -- Despite the ongoing spread of the deadly coronavirus pandemic, Qatar Airways will continue to operate its fleet as long as necessary, CEO of the airline Akbar Al Baker said on Sunday.
The airline currently has plans to operate around 1,800 (...)
DUBAI -- The Central Bank of Tunisia has announced on Thursday that the new 10 Tunisian dinar note would feature female doctor Tewhida Ben Sheikh, a first for the country.
Ben Sheikh (1909-2010) was the first Muslim woman to become a physician in (...)