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Coface Risk review – GCC navigates global macro volatility as worldwide growth moderates to 2.6%
Mohamad Jomaa, CEO and Country Manager for GCC and Egypt at Coface. Coface has released its latest global Risk Review, revealing a multi-speed global economy contending with renewed inflationary pressures, elevated commodity prices, and tightening monetary conditions. Against a backdrop where geopolitical developments have shaved an estimated 0.5 percentage points off global growth, moderating worldwide economic activity to 2.5% in 2026 before stabilising at 2.6% in 2027. GCC economies continue to demonstrate resilience through active trade flow rerouting and sustained non-oil momentum. In its quarterly review, Coface carried out four country upgrades and three regional reassessments, alongside 20 sector adjustments…
RIYADH — The Zakat, Tax and Customs Authority (ZATCA) recorded 996 seizures of prohibited goods at land, sea and air customs ports as part of its ongoing efforts to combat smuggling and protect public security. The seized items included 25 categories of narcotics, including hashish, cocaine, heroin, methamphetamine, Captagon pills and other illegal drugs, in addition to 219 categories of prohibited substances and goods. Customs authorities also thwarted attempts to smuggle 759 categories of tobacco and tobacco products, along with 11 categories involving cash. ZATCA reaffirmed its commitment to tightening customs controls over the Kingdom’s imports and exports to safeguard…
A Batman comic book that weighs 4.4kg, comes with a detachable lens and is designed to resemble a camera is on display at the Sharjah Animation and Comics Conference (SACC), with a price tag of Dh60,000. Only 47 copies of Batman: The Killing Joke Avant-Garde Edition are being produced worldwide. The handcrafted collector’s edition is being exhibited at the Argent Comics booth at the event, which runs until Sunday at Aljada. The book is inspired by the camera featured on the famous cover of Batman: The Killing Joke, originally published in 1988. Its aluminium boards are lined with goatskin, while…
Pepper cultivation has emerged as a cornerstone of agricultural diversification in Al-Jouf Region, strengthening local vegetable supplies and supporting national food security objectives under Saudi Vision 2030. The region produces an array of pepper varieties, ranging from colorful sweet bell peppers to chili cultivars used in fresh culinary preparations, pickling, and spice production. This agricultural output enables local farmers and families working int the cottage industry to tap into expanding commercial opportunities across regional food supply chains. Local farmer Fahd Al-Khaldi stated that cultivating peppers requires meticulous care from seedling selection through harvest, adding that the wide variety of cultivars…
ASUS Republic of Gamers (ROG) recently announced that the limited-edition ROG XBOX Ally X20 Bundle is now available in the UAE for AED 10,999 through the ASUS UAE eShop and participating retailers. Celebrating two decades of ROG, the collection brings together an upgraded gaming handheld, a wearable virtual display and coordinated protective accessories in a complete setup designed to move from home to wherever players choose to game. A new chapter for an anniversary handheld The ROG XBOX Ally X20 combines a translucent black chassis with gold-accented internal details and an exclusive 20th anniversary badge. The design offers a glimpse…
Advisor to the Royal Court and Supervisor General of the King Salman Humanitarian Aid and Relief Center (KSrelief) Dr. Abdullah Al Rabeeah visited the headquarters of the Ministry of the Russian Federation for Civil Defence, Emergencies and Elimination of Consequences of Natural Disasters (EMERCOM) yesterday, as part of his official visit to Moscow. Al Rabeeah was briefed on the ministry’s operational frameworks and mandates concerning emergency and disaster response. He also reviewed the activities of its specialized search-and-rescue teams, as well as core practices and technical expertise utilized in civil defense and disaster mitigation. Source: Riyadh Daily
From glowing skin to fuller hair, exosomes are gaining attention in the beauty world, with social media helping fuel interest in treatments promoted for their purported regenerative benefits. But UAE dermatologists are urging consumers to look beyond before-and-after photographs and glowing testimonials before signing up for the procedures. The concern is that the science behind these treatments is still evolving, while questions remain about their long-term safety, product quality and effectiveness. Experts warn that the risks may vary depending on the product, how it is manufactured and whether it is applied topically or injected. The warnings come as Saudi Arabia’s…
The most online generation is also the least protected: over half of Gen Z have already faced a cyberattack
Despite spending more time online and feeling confident in the digital world, Gen Z are less likely than other generations to use antivirus software for mobile devices or change passwords, according to new research conducted by Kaspersky’s internal market research centre among 7,200 respondents worldwide. Gen Z spend a greater share of their time online than any other generation. New research conducted by Kaspersky’s internal market research centre reveals that 57% of Gen Z spend more time online then offline – the highest proportion among all generations surveyed. Smartphones play a particularly central role in their digital lives, with 67%…
For most of his 43 years, UAE citizen Fahad Al Hashimi’s life revolved around blood. Every three weeks, he needed a transfusion. To manage the iron that accumulated in his body, he also relied on iron-chelation treatment, at times spending hours connected to a pump. He learned to organise his life around his illness. A transfusion could bring back his energy and make him feel as though the air was full of oxygen. But by the second week, his energy would begin to fall. By the third, even climbing a flight of stairs could leave him exhausted. “I would feel…
Jeddah’s architectural identity reflects a continuous dialogue between its coastal geography, merchant history, and cultural diversity. From the coral stone edifices of Historic Jeddah to expanding modern quarters, the city’s built environment illustrates how design responds to climate, social interaction, and daily life. According to the Saudi Architecture platform, the region’s coastal vernacular evolved through seaside climatic adaptation and regional trade. Traditional building patterns prioritized natural cross-ventilation, balanced lighting, and facade openings that preserved privacy while ensuring thermal comfort. Head of Saudi Architecture Unit at the Jeddah Municipality Razan Baghanim affirmed that compliance with coastal Hejazi design guidelines is mandatory…
