Bahrain commits $1.3 billion investment in UK economy

UAE

World

Taliban prevent Afghan women from attending University in Dubai
Reports indicate that a significant number of young Afghan women have been stopped by the Taliban from embarking on their journey to the United Arab Emirates (UAE),
Barbie film banned in Algerian cinemas over 'morals corruption'
Algeria has imposed a ban on the widely popular Barbie film just three weeks after its release in the predominantly Muslim North African country. The Ministry of Culture has directed cinemas
Intensified operations in Istanbul result in detention of over 10,000 illegal migrants
The Interior Ministry's concerted efforts to combat irregular migration in Istanbul have seen significant success, leading to the apprehension and deportation of more than 10,000 illegal
UAE to host 34th International Biology Olympiad, welcoming students from 80 countries
Preparations have been finalized for the 34th International Biology Olympiad, which will be hosted by the UAE Ministry of Education at the UAE University in Al Ain from July 2 to July 10, 2023.
Nicolas Whitehead: "Zerah Business School is the only business school in Europe specializing in lobbying and PR"
Education is becoming an increasingly crucial component of contemporary European life. New skills and higher qualifications become necessary elements of the
Black year for European beekeepers
– ‘Worst on record’ – Italy’s main agricultural union Coldiretti said 2019 has been a “black year”, with “a harvest almost halved” from the 23,300 tonnes of honey collected
EgyptAir says wreckage from plane found
EgyptAir said wreckage from its passenger plane that crashed into the Mediterranean on Thursday with 66 people on board has been found. "The Egyptian Ministry of Civil Aviation has just received...
Wave of terror batters fragile Turkish economy
Six suicide attacks in eight months and a spat with Russia have added to concerns for the Turkish economy as tourists flee, taking billions of dollars in spending elsewhere, and foreign investors skirt...
Japan's top court to rule on 19th-century family laws
Japan's top court will rule this week on a pair of 19th century family laws that critics blast as sexist and out of touch. The Supreme Court will weigh in on the legality of a six-month ban...
East Asia Pacific ageing faster than anywhere else in history: World Bank
The East Asia Pacific region is ageing at a faster rate than any other place in history, the World Bank warned Wednesday, a demographic shift likely to cramp public services and economic growth.

Business

Gulf

Qatar hotel occupancy rises by 29%, boosted by tourism and leisure expansion
Qatar’s hospitality sector recorded a significant 29 percent increase in hotel occupancy rates in the second quarter of 2023 compared to the same period last year, with occupancy levels
Houthi militants launch coordinated attacks on three ships in Red and Mediterranean seas
Yemen's Houthi militants targeted three vessels, including an oil tanker, in the Red and Mediterranean seas with ballistic missiles, drones, and booby-trapped boats, according to a statement on
Iran and Bahrain plan talks to restore diplomatic ties amid Gulf thaw
Iran and Bahrain have agreed to initiate discussions aimed at restoring diplomatic relations, which were severed nearly eight years ago.
Green Parks in Abu Dhabi mitigate urban heat island effect by up to 2.2°C: study
A recent study conducted by Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in Abu Dhabi, in collaboration with the US tech giant IBM, has unveiled the pivotal role of green
Saudi Arabia to allow alcohol sales to non-Muslim diplomats, unveiling new regulatory framework
Saudi Arabia is set to permit the sale of alcohol to non-Muslim diplomats, marking a significant shift from its long-standing prohibition. The decision, outlined in a new regulatory framework,
Possible single visa for GCC residents to enable intra-member state travel soon
The Gulf Cooperation Council (GCC), comprising six countries, is contemplating the implementation of a single visa system, allowing residents to travel freely among member states, according
Israel's Foreign Minister inaugurates Embassy in Bahrain
Israel's Foreign Minister, Eli Cohen, officially opened the country's permanent embassy in Bahrain. The inauguration took place during Cohen's visit to Bahrain, where he met
Bahrain enhances prisoners' rights amid mass hunger strike
Bahrain has announced an expansion of certain human rights provisions for individuals within its prison system in response to a mass hunger strike involving hundreds of prisoners in the
Kuwait plans land transfer valued at $8.1 billion to pension fund - finance ministry
Kuwait's Ministry of Finance announced on Monday its intention to facilitate the transfer of land valued at over 2.5 billion dinars ($8.12 billion) to the nation's pension fund
Bahrain's real estate sector continues Its upward trajectory
According to a recent report by Savills, Bahrain's real estate sector experienced steady growth in the second quarter of 2023, with positive developments seen in residential sales, rents, and

Yesterday, Bahrain announced the signing of a memorandum of understanding with Britain, outlining strategic investments and collaborations. According to the Bahraini crown prince's social

media account, the Gulf state's private sector, represented by Bahraini sovereign wealth fund Mumtalakat, Investcorp, GFH Financial Group, and Osool Asset Management, will invest £1 billion ($1.3 billion) in the UK economy. This partnership aims to strengthen economic ties between the two nations and foster growth in various sectors. Photo by Soman, Wikimedia commons.

: Published: 04 July 2023

UAE

Reaching new heights: Dubai's skyrocketing residential tower
The Dubai Marina district is soon to host what is touted as the world's tallest residential tower, courtesy of Dubai developer Select Group. Rising to...
Dubai residents to enjoy six-day free parking during Eid Al Fitr festivities
Dubai's Roads and Transport Authority (RTA) has unveiled a generous offer for motorists during the upcoming Eid Al Fitr holidays. Parking across Dubai...
Umrah in Ramadan from the UAE? 3 vital points to consider before departure!
Understanding Mandatory Vaccinations, Umrah Permits, and Visa Requirements
Sheikh Mohammed establishes 'Parkin' PJSC for Dubai's parking operations
In a recent move, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has sanctioned Law No. (30)...
UAE's COP28 President defends climate science comments amid criticism
Sultan al-Jaber, the head of the United Nations climate conference in Dubai, has reaffirmed his respect for climate science amidst backlash following...
Exciting prospects: extended weekends await UAE residents in 2024
In 2024, UAE residents might enjoy a six-day-long weekend, as the government plans four extended breaks according to the official calendar.
Dubai's budget for 2024-2026 reaches Dh246.6 billion, supported by Sheikh Mohammed's vision
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has given his approval to Dubai's...
In a world first, Sharjah replaces fire-prone facade of residential tower
Sharjah, UAE: The Sharjah City Municipality has taken a groundbreaking step by replacing flammable cladding with non-combustible materials on a residential...
Dubai to inaugurate world's first floating mosque
In a move to bolster religious tourism in the United Arab Emirates (UAE), Dubai is set to unveil the world's first floating mosque at the Dubai Water...
Dubai Airport surpasses pre-pandemic levels with 41.6 million passengers
Dubai International Airport has achieved a remarkable milestone by surpassing pre-pandemic passenger levels, recording 41.6 million travelers during...
UAE passport ranks 12th globally with visa-free access to 179 countries
The United Arab Emirates (UAE) passport has secured its position as the strongest in the region, climbing three places in the global rankings. According...
One million Israelis have traveled to the UAE since the Abraham Accords
Since the signing of the Abraham Accords in 2020, one million Israelis have visited the United Arab Emirates, marking a significant milestone in the...

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Bahrain commits $1.3 billion investment in UK economy

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