Author: gizamail.com

The leading real estate developer in Sharjah, Alef Group, has launched its new project, Hayyan under the theme Making Homes Human. With an estimated value of AED3.5 billion, the project covers 8.7 million square feet, embodying the spirit of Sharjah, with a total of 1,836 villa units spread out over three distinct zones. The project should be completed by the second half of 2025. The first area of the project is divided into three different phases. The project’s first phase will see the delivery of 268 villas in the vibrant Aryam neighborhood designed to the highest standards, which includes a…

In a UN Security Council resolution on Yemen, Egypt condemned the cross-border attacks of the Iran-backed Houthis against civilians and civil infrastructure in Saudi Arabia and the United Arab Emirates (UAE) and called for an immediate ceasefire. The Egyptian Foreign Ministry Spokesperson, Ahmed Hafez, expressed Egypt’s appreciation for the extension of the measures and sanctions imposed by the Security Council resolutions on the Yemeni crisis in an official statement. Egyptian authorities have also welcomed the expansion of the arms embargo on Yemen, as well as condemning attacks on civilian and commercial vessels off Yemen’s coast. Moreover, Hafez said the country…

His Highness Sheikh Mansour bin Zayed Al Nahyan, the UAE’s Deputy Prime Minister, Minister of Presidential Affairs, and Chairman of the Central Bank of the UAE (CBUAE), presided today over a meeting of the board in Qasr Al Watan. Sheikh Mansour welcomed the participants and thanked the UAE Central Bank for its efforts to support financial stability in the banking sector. During the meeting, Sheikh Mansour was informed about the progress of the implementation of plans, which align with the future economic strategies of the country aimed at achieving digital inclusion and green finance. By the end of 2026, the…

The Kingdom of Saudi Arabia’s overall merchandise exports increased 62.6% in December 2021 compared to December 2020, when many countries imposed travel bans and lockdowns as a result of COVID-19 issues. According to the General Authority for Statistics (GASTAT), exports amounted to SAR 106.3 billion in December 2021, up from SAR 65.3 billion in December 2020. It was mainly due to higher oil exports, which rose by SAR 30.6 billion, or 65.9%, during the same period. The proportion of oil exports in total exports increased from 71.0% in December 2020 to 72.4% in December 2021. There was a decrease of…

Over 30 senior Saudi manufacturers and exporters in the constructions and foodtuff sectors took part in a commercial mission organized by Saudi Exports Development Authority (SAUDI EXPORTS) today in Oman. This mission targets 70 Omani companies and follows the signing of a memorandum of understanding between the two countries worth USD 30 billion with the aim of enhancing cooperation in a variety of economic fields on the sidelines of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz’s official visit to Muscat in December, 2021. Deputy Secretary General for Strategy and Planning at Saudi Exports Abdulrahman Al-Othman said the commercial…

An exhibition of perfumes, the largest of its kind in the Middle East, opened yesterday in the Riyadh Front area. This is one of the season’s entertainment areas, and will run until March 14. Over 200 brands of luxury perfumes, both Arab and international, participated in the perfume pavilions in the presence of perfume experts and enthusiasts. The exhibition’s activities included holding workshops for the manufacture of perfumes, and offering attendees special discounts and offers. Visitors were able to create their own perfumes among other noteworthy events at the fair. One of the most prominent events in the Riyadh exhibition…

According to the Robert Koch Institute (RKI), Germany reported 107,913 new COVID-19 cases and 57 new deaths in the last 24 hours. The total number of confirmed Coronavirus cases has reached 14,682,758 and the total number of reported deaths has reached 122,678. In recent weeks, daily infections neared the quarter million mark in Germany, as the country reported 247,862 new COVID-19 cases, compared with 234,250 the day before, according to the country’s public health authority RKI. Although data indicate that the Omicron variant has been less severe for children, they still face risks including long COVID-19 or inflammatory syndrome. Experts…

Environment, Water and Agriculture Minister Eng. Abdulrahman Al-Fadhli has inaugurated the Kyrgyz exhibition, organized by the Ministry in conjunction with the Embassy of Kyrgyzstan. Additionally, there were other senior officials and businessmen from both countries in attendance, including the Kyrgyz Minister of Culture, Information, Sports and Youth Policies, Azamat Zhamankulov, the Kyrgyz Deputy Minister of Agriculture, Azamat Mukachev, and the Kyrgyz Acting Minister of Investment, Nuradi. The ministry will host a four-day exhibition in Riyadh’s Digital City as chairman of the Saudi-Kyrgyz Joint Committee. According to the ministry, the exhibition aims to promote bilateral ties by bringing Kyrgyz products to…

The Royal Commission for AlUla (RCU) has been formally accepted as a member of the International Union for Conservation of Nature (IUCN). It will support RCU’s goal of protecting natural ecosystems, habitats, and biodiversity by designing and establishing nature reserves; enhancing and restoring degraded ecosystems and ecological processes; and reintroducing native species. A government membership status was granted to the RCU for its commitment to conservation. By attending the IUCN annual meetings and quadrennial congresses, for example, RCU will be able to use the expert knowledge of 18,000 IUCN experts to inform a global audience about the outcomes of its…

The Information & eGovernment Authority (IGA) released its foreign trade report for January 2022, which covers data on the balance of trade, imports, exports (national origin), and re-exports. In January 2022, imports reached BD449 million, a 10% increase over BD409 million for the same month in the previous year. Sixty-eight percent of imports were from the top ten countries, while 32 percent came from the other countries. The report shows that China is the leading supplier to Bahrain, with a total import of BD73 million. This is followed by Australia with BD40 million, and then the United Arab Emirate with…