Oil prices soar, Egypt's President El Sisi in Saudi Arabia — Trending



On today's episode, Opec+ members Saudi Arabia, the UAE, Iraq, Kuwait, Oman and Algeria will implement oil production cuts exceeding more than one million barrels per day from May until the end of the year as a precautionary measure to support the stability of the market.

Egypt’s President Abdel Fattah El Sisi arrives in Jeddah, Saudi Arabia, on a surprise visit aimed to improve relations with the kingdom, one of his country’s key allies and economic backers.

The UAE delivers more than 2,000 tonnes of crucial aid to Syria to support earthquake relief efforts as part of its Operation Gallant Knight 2 mission. The Emirati ship contained food supplies, medical equipment and winter clothing.

UAE astronaut Sultan Al Neyadi completes one month on the International Space Station. He arrived there on March 3 and has since been assigned more than 200 experiments and research work by Nasa and various UAE universities.

The specs

Engine: 3-litre twin-turbo V6

Power: 400hp

Torque: 475Nm

Transmission: 9-speed automatic

Price: From Dh215,900

On sale: Now

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
The biog

Name: Timothy Husband

Nationality: New Zealand

Education: Degree in zoology at The University of Sydney

Favourite book: Lemurs of Madagascar by Russell A Mittermeier

Favourite music: Billy Joel

Weekends and holidays: Talking about animals or visiting his farm in Australia

Company profile

Name: GiftBag.ae

Based: Dubai

Founded: 2011

Number of employees: 4

Sector: E-commerce

Funding: Self-funded to date

Updated: April 03, 2023, 5:37 AM

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