Ash Parmar and Sonal-Vara Parmar of IAM Entertainment. Hyku Desesto/Team Hyku D Unless you have been living under a rock for the past few weeks, you would have heard about the lavish spectacle that oc...
Tag: Middle East
Corruption Is Fueling Violence Across The Middle East, Says Transparency International
Corruption Perceptions Index 2022 (source: Transparency International) Transparency International Anti-corruption organisation Transparency International has warned that the costs of graft around the ...
Dubai Duty Free’s 2022 Sales Topped $1.7 Billion But Still Lag Pre-Pandemic 2019
Dubai Duty Free’s shopping complex in Concourse C at Dubai International Airport. Dubai Duty Free The Middle East’s biggest travel retailer, Dubai Duty Free racked up $1.74 billion sales in 2022...
Why 2023 May Finally Be The Year To Visit Saudi Arabia
Downtown Riyadh skyscrapers dominate the scene with more on the way. getty Saudi Arabia is a rapidly changing nation with its sights set on tourism growth and overhauling its brand image as a destinat...
Lucid Stock Fell to New Low Despite $1 Billion Saudi Investment
Lucid Group stock continued to slide this week, despite a recent additional investment in the embattled electric-vehicle maker by Public Investment Fund, Saudi Arabia’s sovereign-wealth fund, of nearl...
Here Are Some Other Air Defenses Ukraine Would Like From The Middle East
The United States is reportedly working with Middle East allies to supply National Advanced Surface-to-Air Missile Systems (NASAMS) to Ukraine. The NASAMS, however, are not the only air defense system...
Arms Sales By World’s Biggest Defense Companies Rise To Almost $600 Billion
The B-21 Raider stealth bomber is unveiled during a ceremony at Northrop Grumman’s Air Force Plant … [+] 42 in Palmdale, California on December 2, 2022. The B-21 is on track to cost nearly...
Energy Security Versus Climate Security – See How Your Country Ranks Among Others — Some Are Predictable, Some Are Surprises.
German Minister of Economics and Climate Protection Robert Habeck forecasts gas storage levels as … [+] part of energy supply security in June 2022. AFP via Getty Images Energy security is a sou...
Teams ax pro-LGBTQ armbands after FIFA threats
A detailed view of the ‘ONE-LOVE’ captains armband worn by Georginio Wijnaldum of Netherlands is seen during the UEFA Euro 2020 Championship in Budapest, Hungary. Alex Livesey – Uefa...
Ray Dalio, Founder of Hedge Fund Giant Bridgewater, Sees More Pain Ahead
Ray Dalio founded Bridgewater Associates in his Manhattan apartment in 1975 and grew it into a hedge fund colossus—with about $150 billion in assets—through astute analysis of macroeconomic trends. Al...
Ray Dalio Sees More Pain Ahead in This Debt Cycle
Ray Dalio founded Bridgewater Associates in his Manhattan apartment in 1975 and grew it into a hedge fund colossus—with about $150 billion in assets—through astute analysis of macroeconomic trends. Al...
Middle East And Central Asia Face Renewable Energy Bill Of Up To $884 Billion, Says IMF
Solar panels with sunset and blue sky background. Clean power energy concept getty Countries in the Middle East and Central Asia may have to spend $884 billion on developing renewable energy plants be...
Oil Prices Set for Biggest Weekly Increase Since March Following OPEC Cut
Oil prices on Friday were on track for their biggest weekly increase since March, as OPEC’s planned production cut heightened tension with the U.S. government over energy supplies heading into winter....
Oil Prices Hold Steady. U.S. Said to Be Looking at Relaxing Venezuela Sanctions.
Oil prices on Thursday largely held to gains from the previous session despite a report from The Wall Street Journal that the U.S. government could relax sanctions on Venezuela to allow new supply ont...
Oil Prices Slip Despite Prospect of Major Supply Cut
Oil prices fell slightly in early trading after two sessions of strong gains, ahead of an OPEC+ meeting on Wednesday when the oil group and its allies are expected to debate the biggest reduction in o...
What are the best business hotels in the Middle East: Dubai, Abu Dhabi
Preparing for a business trip to the Middle East? CNBC has made it easy to find the best hotel for the trip. CNBC Travel and the market data firm Statista today release a ranking of the “Best Ho...
Economy flights from Moscow to Dubai hitting $5,000 as Russians flee
The airline industry has been hamstrung by a perfect storm of challenges over recent weeks, from labor shortages and supply disruptions to rising fuel prices. Sopa Images | Lightrocket | Getty Images ...
NEOM To House Saudi Arabia’s Largest Studio With An Industry Leading Production Incentive Scheme
NEOM MEDIA VILLAGE – SAUDIA ARABIA: Sound stage interior. NEOM Media Village NEOM, the highly anticipated futuristic region in northwest Saudi Arabia by the Red Sea that is currently being devel...
Saudi Arabia, GCC demand Netflix remove content that ‘violates Islamic values’
Jakub Porzycki | Nurphoto | Getty Images Saudi Arabia and five other Gulf Arab countries issued a joint statement demanding that Netflix remove content they say “violates Islamic and societal va...
Usyk takes heavyweight victory over Anthony Joshua
Oleksandr Usyk celebrates with a flag of Ukraine after his heavyweight boxing victory over Britain’s Anthony Joshua in Jeddah, Saudi Arabia. Francois Nel | Getty Images Sport | Getty Images Olek...
India, The Rising Power, Is Seeking Oil From The Middle East And Russia
Indian Prime Minister Narendra Modi is welcomed by UAE’s President Mohammed bin Zayed Al Nahyan in … [+] Abu Dhabi, UAE on June 28, 2022. (Photo by Presidential Affairs Ministry – UA...
Grain Is Starting To Ship From Ukrainian Ports But It Might Be Too Late For Starving Millions
For six months, ships filled with grain have been sitting idle in ports along the Black Sea, victims of Russia’s unprovoked attack on Ukraine. Now some of those ships are moving, navigating the perils...
Last Week, In “Games” That May Influence The Future Of Energy, President Biden Played Two Weak Hands.
President Joe Biden announces members of his climate and energy appointments. Getty Images Cards in the right hand. President Biden was in the Middle East last week trying to work a deal with Saudi Ar...
United Arab Emirates bans Pixar’s new Buzz Lightyear movie from theaters
Tim Allen and Tom Hanks voice Buzz Lightyear and Sheriff Woody in Pixar’s “Toy Story.” Disney DUBAI, United Arab Emirates — Disney Pixar’s animated movie “Lightyear”...
Iran’s Government Tries Once Again To Offload Shares In Local Automakers
A production line for the Samand model at the Iran Khodro auto plant, west of Tehran, on September … [+] 30, 2008 (Photo: BEHROUZ MEHRI/AFP via Getty Images) AFP via Getty Images The Iranian gov...
War-Fueled Global Hunger Catastrophe On The Way With Solutions Tough To Come By
Dmytro Smolienko/Getty Images Disrupted exports, drought, refugees to feed and record-high fertilizer prices conspire to spread food insecurity worldwide. By Chloe Sorvino Tens of millions of people, ...
Oil Markets Will Enter 2023 in a State of Creative Destruction
Illustration by Jon Krause Text size About the author: Karim Fawaz is an oil market analyst and research and analysis director at S&P Global Commodity Insights. The history of oil markets is litte...