Business & Money | Saturday 23 July, 2022 3:09 pm

Sharjah rakes in $517m in real estate sale transactions

There were 747 real estate sale transactions in Sharjah in June, totaling AED1.9 billion ($517 million), the Emirates News Agency reported.This figure includes 358 mortgage transactions worth AED764 million.“Despite being impacted by the global economic conditions since last February, the sector...

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Business & Money | Saturday 23 July, 2022 3:08 pm

Dubai issues ‘Musataha’ land decree to spur real estate investment

Dubai has issued a new law to spur real estate investment through public-private partnerships.Sheikh Mohammed bin Rashid Al-Maktoum, vice president and prime minister of the UAE, issued the decree that regulates “Musataha” rights on commercial land in Dubai, Emirates News Agency...

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Business & Money | Saturday 23 July, 2022 3:06 pm

Twitter, in Musk fight, posts $270M quarterly loss

Twitter reported a quarterly loss Friday as revenue slipped even as its number of users climbed.The social media company’s latest quarterly earnings figures offered a glimpse into how the social media business has performed during a months-long negotiation with billionaire and Tesla CEO Elon Musk ...

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Culture & Education | Saturday 23 July, 2022 3:03 pm

Snapchat+ will target ‘most passionate and dedicated community members’

An ad-supported Snapchat subscription service was launched last month in select countries, including the UAE and the Kingdom, with a company spokesperson telling Arab News it would target the platform’s “most passionate and dedicated community members.” Snapchat+ costs $3.99 per month...

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Business & Money | Saturday 23 July, 2022 3:02 pm

Global ranking for 15 Saudi universities

The number of Saudi universities in the Academic Ranking of World Universities, also known as the Shanghai Ranking, has risen to 15 from six in the most recent classification. Saudi universities were recognized in 11 scientific disciplines in which they competed for advanced centers. This is...

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Government | Friday 22 July, 2022 3:36 pm

Saudi crown prince receives telephone call from Putin

Saudi Arabia’s crown prince received a phone call from the president of Russia on Thursday, Saudi Press Agency reported.  During the call, Prince Mohammed bin Salman and Vladimir Putin discussed bilateral relations between their countries and ways to develop them in...

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Business & Money | Friday 22 July, 2022 3:31 pm

Saudi Cultural Ministry trains experts in industrial heritage

The Saudi Ministry of Culture recently concluded the Industrial Heritage Program, a specialized training workshop included in the ministry’s Experts Program. Industrial heritage covers ancient Saudi industrial culture, including technological, social, architectural and scientific...

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Sports | Friday 22 July, 2022 3:28 pm

Design codes launched for Riyadh’s giant Sports Boulevard

The urban design code for Riyadh’s Sports Boulevard project on Prince Mohammed bin Salman bin Abdulaziz Road has been revealed.The board of directors of the Sports Boulevard Foundation, chaired by Crown Prince Mohammed bin Salman, announced the launch after an earlier decision to create a unified ...

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Culture & Education | Friday 22 July, 2022 3:26 pm

Emirates News Agency signs partnership agreement with Mohamed bin Zayed University of Artificial Intelligence

The Emirates News Agency, WAM, has signed a strategic partnership agreement with the Mohamed bin Zayed University of Artificial Intelligence, the news agency reported.   The partnership aims to strengthen bilateral cooperation in the media and artificial intelligence sectors through...

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Technology & IT | Friday 22 July, 2022 3:24 pm

Meta’s Facebook revamping main feed to attract younger users

Meta Platforms said on Thursday it was revamping the main feed on its Facebook app to prioritize “discovery” of new content, instead of posts from accounts users follow, in a bid to style its apps after short-form video competitor TikTok.Meta executives have voiced increased urgency in recent...

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