Snap announces Snapchat+ subscription plan that costs $3.99 a month

A man uses the SnapChat app on an Apple iPad Mini. studioEAST | Getty Images Snap announced Wednesday it’s rolling out a $ 3.99 / month subscription plan for Snapchat that unlocks exclusive and pre-release features. It’s called Snapchat +. The announcement comes after Snapchat gave a disappointing sales outlook for the current quarter when … Read more

Biden to call for 3-month suspension of gas and diesel taxes

President Joe Biden on Wednesday will call on Congress to suspend federal gasoline and diesel taxes for three months – a move meant to ease financial pressures at the pump that also reveals the political toxicity of high gas prices in an election year. The Democratic president will also call on states to suspend their … Read more

Israel signs trade deal with UAE, its biggest with any Arab country

Israeli national flags fly alongside United Arab Emirates national flags on the side of a road in Netanya, Israel, on Monday, Aug. 17, 2020. Kobi Wolf | Bloomberg | Getty Images DUBAI, United Arab Emirates – Israel and the United Arab Emirates on Tuesday penned a multi-billion dollar free trade agreement, the latest product of … Read more

Serious crime in the metaverse should be outlawed by the U.N., UAE minister says

An attendant with the Meta Oculus Quest 2 headset on a virtual reality tour during the Mobile World Congress. South Korea is betting on the metaverse as the next big thing but there are still questions about the shape the industry will take in the coming years. Joan Cros | Nurphoto | Getty Images New … Read more

Masdar signs deal for major green hydrogen projects in Egypt

Masdar says Egypt’s abundance of solar and wind will “allow generation of renewable power at a highly competitive cost – a key enabler for green hydrogen production.” Ute Grabowsky | Photothek | Getty Images The UAE’s Masdar and Egypt’s Hassan Allam Utilities have signed agreements with state-backed Egyptian organizations that will see the parties work … Read more

Consumers will pay higher prices as Ukraine war persists: Helima Croft

Consumers have to be ready for a period of higher prices as Russia continues its war in Ukraine and disruptions to the global energy market persist, according to an energy expert. The war in Ukraine following Russia’s invasion in late February has thrown energy markets into disarray and driven up the price of wheat. Russia … Read more

UAE is warming to its new Monday to Friday working week

Workers on a footbridge in Dubai on Feb. 14, 2018. Karim Sahib | AAFP | Getty Images DUBAI, United Arab Emirates – More than two months since the United Arab Emirates switched to a Monday to Friday working week to be more aligned with international business partners, both the country’s natives and its huge population … Read more

UAE cancels visa-free regime for Ukrainians amid Russian invasion

People who have fled Russia’s invasion of Ukraine wait at the Shehyni border crossing to enter Poland, near Mostyska, Ukraine, on March 1, 2022. Thomas Peter | Reuters DUBAI, United Arab Emirates – The United Arab Emirates has suspended its visa-free regime with Ukraine that allowed Ukrainian citizens to stay in the country for up … Read more

Ministers fear a return to $100

A worker in an oil field developed by Almetyevneft, an oil and gas production board (NGDU) of Tatneft. Yegor Aleyev | TASS | Getty Images Energy ministers representing Egypt and Cyprus on Monday said they were deeply concerned about the potential for oil prices to climb above $ 100 a barrel. It comes at a … Read more