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Identity Shift Too Late: Premier tech drops Israel–Premier tech as controversy erupts worldwide

November 8th, 2025 - 07:19 GMT

Osama Ali

Identity Shift Too Late: Premier tech drops Israel–Premier tech as controversy erupts worldwide

ALBAWABA - The main sponsor of the Israel–Premier Tech cycling team has stopped working with the team, even though the team said it would be changing its name and branding completely for the 2026 season. Israel–Premier Tech, which has an Israeli racing license and was started in 2024 by Ron Baron and Ran Margaliot, has had to deal with protests at international events because of its ties to Israel. The ...

New Talks to End Trade War Between US, China. (Shutterstock)

February 22nd, 2019 - 08:54 GMT

New Talks to End Trade War Between US, China

Dubai and New Zealand have initiated an electronic exchange of export certificate process. (Shutterstock)

February 22nd, 2019 - 08:48 GMT

UAE, New Zealand Launch New Electronic Processes

Qatar recently introduced a new taxation law. (Shutterstock)

February 22nd, 2019 - 07:50 GMT

Qatar’s Business Sector Ready for New Tax Laws

The volume of non-oil trade between the two countries in 2017 was recorded at AED36bn, a growth rate of 12.4 per cent over the year 2016. (Shutterstock)

February 21st, 2019 - 12:05 GMT

Oman, UAE to Develop Investment Opportunities

The VAT would also apply to other ride apps such as Careem. (Shutterstock)

February 21st, 2019 - 11:46 GMT

Uber Responds to Egypt’s VAT Law

P&G aims to spend $100 million on deliberately working with Women-Owned Businesses in IMEA with a $30 million commitment to India. (Shutterstock)

February 21st, 2019 - 11:28 GMT

P&G Commits to Gender Equality Across the IMEA Region

On January 31, the UK, Germany and France (the European Union signatories of the nuclear deal) launched a special purpose vehicle (SPV), dubbed the Instrument in Support of Trade Exchanges (INSTEX). (Shutterstock)

February 21st, 2019 - 11:05 GMT

INSTEX to Open up New Opportunities Between Iran, Russia

The authority said the news reports circulating online were inaccurate and misconstrued. (Shutterstock)

February 21st, 2019 - 10:44 GMT

UAE Dismisses Online Reports About Easing Qatari Shipping Ban

Several leading banks have cut the interest rates on deposits by an average of 2 percentage points while others were in the process of doing the same. (Shutterstock)

February 21st, 2019 - 10:29 GMT

Lebanese Banks Mull Reducing Interest Rates on Deposits

India is a top investment priority for Saudi Arabia. (Shutterstock)

February 21st, 2019 - 10:04 GMT

World's Biggest Oil Company Eyes Investments in India’s Reliance Industries

Financial backing from Saudi Arabia’s Public Investment Fund (PIF), announced last year, will allow Lucid to proceed with the development of the all-electric sedan, as well as fund the $240 million cost of building the first phase of its factory in the US. (Arab News)

February 21st, 2019 - 08:52 GMT

Tesla Rival Lucid Motors Mulls Building Factory in Saudi Arabia

Indian Prime Minister Narendra Modi shakes hands with Saudi Crown Prince Mohammed bin Salman prior to a meeting at Hyderabad House in New Delhi on February 20, 2019. (AFP)

February 21st, 2019 - 08:23 GMT

Saudi Investment in India to Reach $100 Billion Within Two Years