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Friday, September 13, 2024

Macro and Domestic

Muscat Means Mo’ Money for Muslim Investors

Investors Alert! HH Sayyid Faris Bin Fatik Al Said announces new investment opportunities in Oman.

Iran, India and the BRICS Bridge to Pave New Trade Pathways

Despite connectivity challenges, the Chabahar port in Iran is crucial for India's regional presence. This port is part of broader efforts, including the International North-South Transport Corridor (INSTC), to charter alternative trade routes.

Pakistan Must Diversify its Energy Mix to Meet 2030 Target

Sustainable Development Policy Institute Joint Executive Director Vaqar Ahmed says that the China-Pakistan Economic Corridor (CPEC) offers a vital opportunity to diversify Pakistan’s energy mix and promote green investments at an SDPI seminar in Islamabad this week.

Saudi Aramco Ranks Fourth in 2024 Fortune Global 500

Saudi Aramco netted USD 121 billion in profits and was the most profitable Fortune Global 500 company for the third year in a row. 

Non-Oil Activities Account for Fifty Percent of Saudi Arabia GDP

The Kingdom celebrates the success of its economic diversification strategy as 113,000 new jobs in non-oil sectors employed local Saudis over the past financial...

Dubai’s Public Transport is a Blueprint for Future Sustainable Cities

Sheikh Maktoum announces an FDI Development Programme to attract AED650 billion of investments to Dubai to fulfill its D33 economic sustainable cities' objectives over...

Indonesian President Talks Bi-lateral Trade with State Visit to UAE

President of the Republic of Indonesia H.E. Joko Widodo begins his two day state visit to the UAE this week, with the expectation to further strengthen bilateral trade across the financial and energy sectors.

BRICS Members Agree to Grain Exchange Deal

According to Russian Minister of Agriculture Oksana Lut, the BRICS group of countries have supported an initiative to set up a grain exchange.

Latest news

Sofya Shamuzova Triumphantly Summits Kilimanjaro

This week’s newsletter celebrates a remarkable feat of endurance and determination as UAE-based sister Sofya Shamuzova plants her national flag at the summit of Kilimanjaro!
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Chef Gordon Ramsay Says that Moroccan Cuisine is Number One

According to the world’s best cuisine competition sponsored by Pubity Cuisine, renowned British Chef Gordon Ramsay says Morocco has the best in the world.

DCO Launches its First Global GenAi Center of Excellence

The Digital Cooperation Organization (DCO) announces the launch of its Generative AI Center of Excellence initiative at the Global GAIN Summit in Riyadh this week.

Must read

Fueltrax Wins Major Series of Contracts with SE Asia Vessel Operators

Malaysia-based Fueltrax, a Fuel Management System provider claims it delivers over 99% system uptime globally and is the only EFMS accepted universally by all major oil companies.

US Election Reflects Difficult Choices for Muslim Voters

According to Writer Fahad Khan, come November 2024, the struggle is real for US-based Muslim voters who find themselves hard-pressed to find alignment of values with mainstream party candidates.
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Qatar Hypermarket Launches Halal Thai Promo for Good Taste and Goodwill

Graced by Ambassador of Thailand to Qatar H E Sira Swangsilpa, and Lulu Hypermarket Regional Director Shaijan MO together with dignitaries from the Royal Thai Embassy in Doha, the Halal Thai Food Promotion launch aims to foster goodwill between the two countries and celebrate Thai culture and cuisine.

Coke and Pepsi Boycotts Usher in New Era of Challenger Brands

Coca-Cola and PepsiCo lose market share to local soda brands like Cola Next due to consumer boycotts over the ongoing extermination and displacement of Palestinians in Gaza and the West Bank.

Singapore Signs Bilateral Treaty on Appeals from the Bahrain ICC

The Government of Singapore and the Kingdom of Bahrain signed a bilateral Treaty to establish a new Bahrain International Commercial Court in Bahrain and a designated body in Singapore to hear its appeals.