Author: web desk

MoFAIC provides all its services online only, through its official website and smartphone application

In line with the directives of UAE’s visionary leadership towards enhancing government services and customer experience, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) was keen to establish an advanced digital infrastructure to provide a range of electronic services to customers, proactively investing in advanced technologies to achieve readiness, accomplish tasks and meet the daily requirements of customers while

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Hyundai Motor launches first electric sedan, taking on Tesla

Seoul, Hyundai Motor Co launched its first electric sedan, Ioniq 6, which the South Korean automaker is betting will help it grab a bigger share of the electric vehicle (EV) market dominated by Tesla Inc .   The Ioniq 6 is one of more than 31 electric models that Hyundai Motor Group – including Hyundai Motor, its sister company Kia

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His Excellency Sheikh Shakhboot bin Nahyan bin Mubarak Al Nahyan participates in the Donors and Supporters Conference of the International Anti-Terrorism Academy in Paris

His Excellency Sheikh Shakhboot bin Nahyan bin Mubarak Al Nahyan, Minister of State, participated in the Donors and Supporters Conference of the International Anti-Terrorism Academy, which was held in Paris yesterday. The Conference aims to confront all forms of terrorism through training and qualification programs.   His Excellency delivered a speech on this occasion in which he pointed out that

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UAE Participates in the Second G-20 Sherpa Meeting

H.E. Ahmed Al Sayegh – Minister of State and UAE G-20 Sherpa, and officials from the UAE Ministry of Foreign Affairs and International Cooperation concluded their participation in the Second G-20 Sherpa Meeting that was held in Labuan Baju, Indonesia, on 10-13 July. The meeting followed the conclusion of the G-20 Foreign Ministers’ Meeting that took place in Bali, Indonesia,

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Barcelona reaches deal to sign Raphinha; Dembélé staying

Barcelona, Barcelona announced Wednesday it has reached a deal to sign Leeds playmaker Raphinha and will also keep France forward Ousmane Dembélé at the club. The agreement to sign Brazil international Raphinha was pending the 25-year-old winger passing a medical. Leeds also confirmed it had reached an agreement in principle with Barcelona, reports AP. Barcelona president Joan Laporta also said

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Asian stocks gain as investors brace for U.S. inflation data

Hong Kong, Stocks made slight gains across Asia on Wednesday while the euro hovered just above parity against the dollar as investors awaited a highly anticipated U.S. inflation report later in the global day.   Futures were down ahead of European markets opening on Wednesday morning. FTSE futures slipped 0.24% while pan-region EuroSTOXX 50 futures fell 0.46%, Reuters reported.  

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CBB Government Development Bond issue No. 30 oversubscribed

Manama, The Central Bank of Bahrain (CBB) announces that the issue of the 5-year Government Development Bond has been oversubscribed by 298%.   Subscriptions worth BD 595.750 million were received for the BD 200 million issue, which carries a maturity of 5 years.   The fixed annual coupon rate on the issue, which begins on 17th July 2022 and matures

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