Tanishq, renowned as one of the most trusted names in the jewellery industry, has introduced its much-anticipated Festival of Diamonds in Dubai. This event, celebrated for its elegance and variety, brings forth a dazzling array of diamond jewellery, offer...

Donald Trump is advocating for U.S. presidents to have direct influence over interest rates, a stance that challenges the longstanding independence of the Federal Reserve. The former president has expressed confidence in his own economic intuition, which...

Saudi Arabia has emerged as a leading nation in global employment growth, according to a new report analyzing job market trends across 67 countries. The report highlights significant strides made by the Kingdom in boosting employment opportunities and red...

Saudi Aramco has announced its decision to acquire an additional 22.5% stake in Petro Rabigh, its petrochemical joint venture with Japan’s Sumitomo Chemical, for $702 million. This move will raise Aramco’s ownership to 60%, making it the largest sharehold...

Flydubai has launched its inaugural flights to Basel, marking a significant expansion of its European network. The Dubai-based airline, renowned for its extensive regional and international routes, has now added the Swiss city to its list of destinations,...

Saudi Kingdom Holding has announced a significant leap in its second-quarter net profit, achieving a remarkable 100% increase compared to the same period last year. This surge reflects the company’s robust performance and strategic adjustments made over t...

The appointment of Yahya Sinwar as the political head of Hamas marks a significant shift in the group’s internal dynamics, with profound implications for Gaza’s future. Sinwar, a longstanding and influential figure within Hamas, ascended to this pivotal r...

ADNOC Drilling, a key subsidiary of the Abu Dhabi National Oil Company (ADNOC), has revised its revenue forecast for 2024 to $3.85 billion, reflecting strong financial performance and strategic expansion in the region. This adjustment follows a series of...

PetroRabigh’s shares have surged to their highest level in nearly three years following the announcement of a significant partnership with Saudi Aramco. The dramatic increase in PetroRabigh’s stock price reflects strong investor confidence in the future o...

Saudi Arabia has introduced a competitive bidding process for seven new mining exploration licenses, encompassing approximately 1,000 square kilometers. This announcement, made on August 7 by the Ministry of Industry and Mineral Resources, marks a strateg...

Savings deposits in UAE banks have witnessed a notable increase, climbing 8.4% to reach $80.2 billion. This growth underscores the strengthening financial stability and growing confidence in the country’s banking sector. Recent data indicates that UAE ban...

Binance has officially announced the inclusion of Toncoin on its trading platform. Effective today at 13:00, users will be able to trade Toncoin against major cryptocurrencies and fiat currencies. The new trading pairs will include TON/BTC, TON/USDT, TON/...

Ferrari World Abu Dhabi is set to enhance its offerings with the introduction of a state-of-the-art esports arena. This new venture is expected to elevate the park’s entertainment value, catering to the burgeoning interest in competitive gaming and digita...

The recent death of a prominent Hamas leader has ignited concerns about potential escalation in the Israeli-Palestinian conflict. The Organization of Islamic Cooperation (OIC) has raised alarms about the possibility of a broader conflict emerging from thi...

Travel insurance applications have surged dramatically as safety concerns dominate travelers’ minds. With increasing global uncertainties and heightened awareness of potential risks, travelers are prioritizing coverage more than ever before. Recent data s...