UAE Achieves AI Chip Breakthrough as US Lifts Export Restrictions
In order to bring the Gulf state on level with the US’s closest friends, the US is lifting limits on the sale of sensitive...
Saudi Arabia’s PIF and International Investment Trends: What Businesses Should Know
Saudi Arabia’s $1 trillion sovereign wealth fund and US-based I Square Capital have reached an agreement on a potential $2 billion...
The Growing Challenge of Missile and Drone Warfare in the Middle East and Its Impact on the UAE
On July 12, as Gulf security conditions worsened, UAE air defence systems confronted incoming missile and drone threats. Updates from the...
Everything You Need to Know About the US Embassy Abu Dhabi Consular Appointment Cancellations
All consular appointments at the US Embassy in Abu Dhabi and the US Consulate General in Dubai have been postponed until July 15. The...
Why Shipping Disruptions Are Affecting Trade Between the GCC and the United States
According to the research, bilateral economic activity occasionally dropped to levels not observed since the peak of the COVID-19 epidemic....
The State of MENA Venture Capital After a 22% Funding Decline
RIYADH: According to MAGNiTT, MENA venture funding in the Middle East and North Africa showed signs of increased strain in the first half...
How Venezuela’s Refinery Recovery Could Influence Global Oil Prices
VALENCIA, Venezuela: Four employees reported on Monday that the 146,000-barrel-per-day El Palito refinery, located in the country’s...
Why Iran Is Demanding the US Fulfill Its Nuclear Agreement Commitments
On Monday, Iran announced that it would no longer adhere to the memorandum of understanding that it had signed with the United States of...
How Saudi Arabia’s Air Defense Systems Stopped the Houthi Missile Attack
Saudi Arabia has said that it has successfully intercepted ballistic missiles that were fired at the southern region of the Kingdom by the...
Oman Achieves $5.4 Billion Trade Surplus: What Boosted Its Economic Performance?
RIYADH: As merchandise exports continued to outpace imports over the first four months of the year, Oman’s trade balance registered a...
