KUWAIT: The Kuwait Shooting Federation has confirmed the completion of preparations for the prestigious Amir of Kuwait International Shooting Championship. Scheduled from April 11th to 20th, the event will feature participants from five GCC countries: the UAE, Kuwait, Qatar, Saudi Arabia, and Bahrain. Dozens of renowned shooters from the Arab region and beyond are expected […]
RIYADH, SAUDI ARABIA – In a significant move, Saudi Arabia’s Public Investment Fund (PIF) has acquired Niantic’s gaming division, the developer behind the globally popular mobile game Pokémon Go, for a reported $3.5 billion. This purchase is part of the kingdom’s broader strategy to diversify its economy and establish itself as a leading hub for […]
DUBAI: S&P Global upgraded the Kingdom of Saudi Arabia’s local and foreign currency credit rating to A+ with a stable outlook, Saudi Press Agency reported. The rating agency stated that the upgrade with a stable outlook reflects the Kingdom’s continued progress in economic diversification, sustained growth of the non-oil sector, and development of the local […]
ABU DHABI: The United Arab Emirates has welcomed Saudi Arabia’s initiative to host talks between the United States and Ukraine, expressing optimism that this step will help de-escalate tensions and pave the way for a lasting resolution to the Russia-Ukraine conflict. In a statement, the UAE’s Ministry of Foreign Affairs (MoFA) praised Saudi Arabia’s diplomatic […]
The Middle East automotive industry is undergoing a rapid transformation, driven by shifting consumer preferences, technological advancements, and an evolving economic landscape. As the region embraces new automotive trends, data provides a clear roadmap for where the industry is headed. Chinese car brands have experienced an unprecedented rise in popularity across the Middle East, fundamentally […]
KUWAIT CITY: Kuwait’s oil price rose by $1.01 to reach $74.20 per barrel on Wednesday, up from $73.19 the previous day, according to the Kuwait Petroleum Corporation (KPC). Despite Kuwait’s price increase, international oil markets saw declines. Brent crude futures dropped by $1.74, settling at $69.30 per barrel, while West Texas Intermediate (WTI) crude fell […]
RIYADH: Mandarin has entered Saudi Arabia’s public schools, marking another step in the kingdom’s deepening ties with China. As part of a broader push to diversify its economy and global alliances, Saudi Arabia has made Mandarin a compulsory second foreign language in select schools. Students like Shaalan, who now learn Arabic, English, and Mandarin, see […]
Aster Sanad Hospital in Riyadh, Saudi Arabia and Medcare Hospital in Sharjah, UAE are new entrants this year. Aster Hospital Mankhool has moved up to No.4 in UAE. This hospital, alongside Aster Hospital Al Qusais and Medcare Hospital Al Safa, has been consistently featured in Newsweek’s World’s Best Hospitals – UAE list over the last […]
Augmented Reality academy will explore the creative potential of the region’s impressive talent pool and fuels thriving digital ecosystem Doha, Qatar: Snap Inc. has signed a landmark Memorandum of Understanding (MoU) with Qatar’s Government Communications Office (GCO) to launch the first Augmented Reality (AR) Academy in the MENA region. Announced at Web Summit Qatar 2025, […]
OMAN: The GCC foreign reserves reached $804.1 billion by mid-2024, marking a 7.5% growth from the previous year, according to GCC-Stat. This places the region as the fifth-largest holder of international reserves, following China, the EU, Japan, and Switzerland. These GCC foreign reserves, which account for 4.9% of global foreign assets, saw growth due to […]
Rising demand, technological advancements and government initiatives drive GCC healthcare sector growth: Alpen Capital. Dubai: Alpen Capital’s latest healthcare industry report for the GCC forecasts the Current Healthcare Expenditure (CHE) in the region to reach US$ 159 billion by 2029, implying an annualized growth rate of 7.8%. During the forecast period, CHE in the GCC […]
