Exclusives
Of which $7.6 billion would be in Saudi and $3.3 billion in the UAE
TAQA paid $1.02 bn for its 43% controlling stake in the clean energy venture
It’s not smart if it isn’t secure
The listing of Empower is the fourth IPO on DFM since the beginning of this year
Across various sectors including green energy, information tech
The boutique can be found in The Galleria, Al Maryah Island
Brazil is still the favorite to win the tournament
Beating the likes of Germany, Sweden, Finland and Luxembourg
Emirati telecoms provider is Vodafone's largest shareholder
Abu Dhabi ranks #1 globally for traffic fluidity
Growth at a CAGR of 22.2% from 2018 to 2022
59% are worried about living costs and their impact
New data-intensive use cases will drive adoption
Egypt has $16 billion in external financing gap over four years
There is a strategic direction to strengthen bilateral relations
Sarah Al Amiri: Strategic policy to involve the private sector
Aims to become the epicenter of cutting-edge science
GCC has over 170,000 hotel rooms in development pipeline
UAE’s e-commerce sector alone is estimated to be worth $9.2 billion in 2026
Arthur D. Little: Market to reach 4% of total banking income by 2026
PIF catalyst to achieving Vision 2030
Popular software at higher risk of attack
Martin Halder, the man behind the 1000 Miglia UAE Experience Jubilee Edition
First to be licensed outside of the UK
Based on flexibility and sustainability
Fist ABu Dhabi Bank coordinated the transaction as a sustainability agent
Riyad Bank PMI rose to 58.5 points in November
To provide steel for the automotive sector
Falling to 45.4 from in November 47.4 in October
The bank has not yet received a formal proposal from any Saudi entity
EU ban on Russian crude oil imports comes into force
Investors had sealed preliminary agreements
Event will be held at ADNEC from 16-18 January
Digital banking has become a way of life for consumers
GDP expected to double to 6.5% this year
State of anticipation EU and G7 decisions
Under the leadership of Sheikh Mohammed bin Zayed Al Nahyan
Could they help thaw crypto prices?
The country witnesses many celebrations during this period
"UAE will remain partner in global progress"
Despite the global economic slowdown and uncertainty worldwide
The contract is worth $207 million per year
Ahead of the country’s 51st National Day
FIFA, soccer, and fans are big winners
The UAE is enjoying great successes in diversifying its economic base
After the Covid pandemic in 2020 and the financial crisis in 2009
The rising cost of living still a concern however
2 out of 5 North African mega investments in 2022 went to Maghreb region
Bitcoin is better than gold, suggests researcher
Deliveries will start in 2026
Total emissions in the sector were only 8.1% in 2019 globally
The first private sector IPO on the DFM since 2014
New project to contribute SAR27 bn riyals annually to non-oil GDP
Decentralized wallets for the decentralized economy
Plans to increase its production capacity to 5 million b/d by 2027
Deal aims to establish a comprehensive economic reform program
Venture to reach revenues of $2 bn in next 10 years
A bid to mitigate the devastating effects of climate change on the Delta
In line with Operation 300 bn Vision
The first cargo is currently being shipped aboard the Pacific Sarah tanker
Plan seeks to preserve the nature of areas including Lahbab and Margham
A company dedicated to receiving investments from Egyptians abroad
Insurance companies are competing to remain relevant
Jumping to 11.7% compared to the same period 2021
As the country aims to digitize operations
EU remains divided over Russia's oil price cap
Project to contribute SAR 297 mn to the country's GDP annually
Through bolstering agricultural production
Trust has hit rock bottom, but the markets haven’t
"Azizi" plans to spend $15 bn on building projects
Technology key to customers, retailers and rogue players
Wall Street is closing higher. The dollar continues to decline
Swiss bank sees deposit exits, expects $1.6 billion loss
Recovering back to a level last seen in Q3 2021
Sale will likely have limited immediate effects on stc’s financial metrics
20% of companies cut security staffing by 90% from weekday levels
The first event to assess Paris Agreement commitments
There’s more to Ethereum than meets the eye
ACCA reaffirmed its commitment to Certificates in Sustainable Finance
To mark World Cup win over Argentina
Plan will serve as a core driver to improve employee engagement
G7 expected to announce today ceiling level of Russian oil prices
The cryptoverse appears divided
The new process is carried out at the press of a button
Email security researchers found a 100% increase in attacks
DXB started the second half of the year with a bang
Driven by rising business confidence
By unveiling a new cloud-based platform
In first MEBA ceremony held as part of Abu Dhabi Finance Week
The quintessential blockchain concept
Egypt's Sisi and Jordan's King Abdullah II were among the attendees
Increasing by $1 bn over the previous World Cup edition
Oil revenues recorded about $52.7 bn
"Fund for loss and damage"and "rapid" reduction of emissions
A watershed moment that marks the start of the challenge
To address future needs of the market through innovative technologies
"A Qatari achievement and a pride to the GCC nations"
Game will be played at Al Bayt Stadium in Al Khor
With Middle East leading the charge by pipeline growth
Raising the Extraordinary Tax on energy giants' profits
Time to end centralization in DeFi
Team will fly on a chartered SAUDIA flight into and out of Saudi
And cooperation in infrastructure, hydrogen production
Project expected to start in 2023 and be completed by 2026
ECB Deputy: We will do what it takes to reach 2% inflation
New system will allow decisions to be enforced anywhere in the world
They discussed distinguished bilateral relations between two brotherly countries
Mastodon is basking in the glory… for the moment
Use this post as your ultimate guide
“The project sets global benchmarks in clean energy production”
"Most" members strongly condemned it"
Highlighting country's ability to attract private investment in strategic sectors
Budget widens for the second month in a row
Brazilian President is star of conference today
Critical topics on the table for discussion
Under the patronage of Deputy Prime Minister Mansour bin Zayed
The company's market value will reach AED 13.3 bn
To finance, facilitate transition to clean energy
Indonesian President: "2023 will be more difficult for the world"
Region has largest number of banking professionals interested in blockchain
To 2.5 million barrels per day
On high energy prices
The offering is set to raise as much as $1.8 bn
Investments are spread across several focus areas
UAE also launched national net zero pathway by 2050
G20 summit taking place in midst of most difficult geopolitical conditions
Kingdom to produce 9 million tons of phosphate fertilizers annually
Kingdom was first destination for Chinese foreign investments in H1
5.2% expected growth this year from 1.5% in 2021
“100 Seconds FIFA World Cup Qatar 2022 Edition”
Kingdom plans to submit soon ten new renewable energy projects
Shuaa Capital, GCICO were able to return to profitability
As well as a potential IPO
By raising capital and purchasing shares from main owners
This is the world's highest level of anxiety registered by far
Markets saw upsurge in after the Ministry of Labor report
Resulting in crypto prices going down across the board
Egypt consumes 20 million tons of wheat annually
Egypt aims for $30 billion in tourism revenues by 2025
A first in the Middle East
Raising hopes that higher prices are starting to slow
It’s a smart move believe industry leaders
Company's 9-month profits are close to last year's full returns
Resulting in a safe, friendly business environment in the country
"The energy sector is the most vulnerable to cyber-attacks"
Expected to be reduced after reaching agreement with IMF
To power modern work experiences
Announced freeze policy on employment
IPO proceeds will be used to fund the development of 4 new premium schools
Estimated reserves are not yet clear
The annual inflation rate was 16.3% in October
Train network will connect "Ain Sukhna, Alexandria, El Alamein, and Matrouh
6.7 billion riyals of the company's profits in 9 months
Event consolidates UAE's status as a champion of innovation
ADX’s derivatives market is region’s most liquid
The program's total investments amount to $14.7 bn
Madbouly: "Solidarity among all parties has become an unavoidable option"
Latest sale brings total value of Tesla shares sold by Musk to $20 bn
Following discussions about acquiring stakes in Egyptian companies
Funding is set to be provided by private and public investors
The metaverse market for MENA telcos could reach $13 tn by 2030
Following the strong demand from retail investors
By connecting their bank accounts with their CoinMena wallets
Farm will save Egypt $5 bn in annual natural gas costs
On continued momentum in strategic direct and indirect acquisitions
All eyes are on inflation data to be released on Thursday
New project using Egyptian engineers and state-of-the-art technology
On declining liquidity and access to international markets
OKX Football Festival will include an NFT game, a trading competition
Assets of Ooredoo's Abraaj estimated to be worth between $3 and $5 bn
The first edition is expected to see over 170 exhibiting brands
In line with Sultanate’s 2050 Net-Zero Carbon Vision
Top leader quotes from the summit
AD Airports signs agreement to promote future of advanced air transport
Phased roll-out has begun with US flights from Abu Dhabi
Saudi and Egypt agree to cooperate in electricity and renewable energy
Kuwait also seeks to become carbon neutral in oil and gas sector by 2050
To help bridge the gap between Web2 and Web3
Epic visitor experiences offered in ancient frontier oases
Organizations are rethinking conventional business processes, practices
Firms investing in environment for first time surged fivefold since 2021
Bin Zayed: "Cimate change threatens global security"
Driven by robust economic activity, higher interest rates
Arab Health to host second edition of the Future Health Summit in UAE
Investors expect interest rates to rise above 5% next year
Egypt tops list of Arab countries using wind to produce electricity
British Prime Minister will demand from countries to keep their promises
Deals call for suppliers to manufacture 21 products in the UAE
Total value of such payments amounted to 3.2 billion dinars
The historical city in danger of drowning
To create a safe fiscal crime-free business environment in the country
Musk intends to cut about 3,700 jobs
The transition to renewables will 'take longer than expected'
The customs dollar comes into effect in a few days.. Unless
"IIF: UAE is largest recipient of FDI in region
Methane is solely responsible for 30% of global warming.
BookTok: Where content creation and literature meet
Is there such a thing as authorized fraud?
Creating world’s largest independent feeder carrier
Consumer prices increased 3.54 percent month on month
In addition to 4 other global, regional awards
Up from a loss of SAR 27 mn in Q3 2021
New measures went into effect as of Nov. 1
Significant restructuring of the country's current immigration policy
Summit will cover a wide range of climate mitigation and adaptation topics
Goldman Sachs lowers its UK growth forecast for 2023
Most Gulf central banks follow Fed lead
Move will support the firm in its expansion plans across ME
Year-round events contributed to a significant improvement in hotel demand
New JV will help maximize profitability, productivity
Rishi Sunak reverses decision to skip climate talks
Kuwait to record first fiscal surplus in 8 years
Turkey remained the largest reported gold buyer in 2022
After strong investor demand and oversubscription
To produce 100 gigatonnes of clean energy by 2035
AI will consume more energy than the human workforce
With additional exclusive benefits, savings for Prime members in the UAE
By firing top execs, considering blue tick revamp
Surplus is supported by an increase in crude oil revenues
Wall Street ended its sessions with a decline following a month of gains
The emirate witnessed FDI inflows of $3.73 bn in H1
Company will list its ordinary shares for trading on DFM
Energy costs expected to have had the highest annual rise
Bayanat is first company to list under the tech sector on ADX
The Federal Reserve's future policy has weighed heavily on the markets
GCC's economic expansion expected to more than double from 2021
"We aim to create a flexible business environment that stimulates growth"
"OPEC+ will continue to to work on balancing supply, demand"
Growth primarily driven by a 14.5% increase in oil activities
Al Jaber: "The energy security is the foundation for economic and social progress"
Wheat prices rise after Russia withdraws from deal
Amid ramp up and execution of its growth strategy
Financial surplus totaled AED 125.5 bn
Apple is being Apple
Fundraising allow investors to invest in exchange for equity/ownership
He sacked senior executives he accused of misleading him
Qatari government acknowledged an "increased demand for housing"
Revenue up 4% and free cash flow up 3%
To refinance existing debts, general corporate purposes
Emirates NBD increased its Q3 net profit by 51% YoY
Though not everyone is a fan of the royalties model
The bank's budget is large, close to 9 trillion euros
Deals aim to improve quality of life, increase investor interest
Driven by strong stock performance
Overnight lending rate at 14.25% and deposit rate at 13.25%
One of the world's largest venture capital funds with a capital of $1.5 billion
Hochstein: "Both sides will lose if one of them violates the agreement"
And maintains electricity prices through June 2023
Resilient performance supported by strong capital adequacy
There’s no substitute to global action against overwhelming weather
A total of 15 Saudi and regional entities took part in the auction
UAE investments in Egypt valued at $4.9 bn in 9 months
To launch crypto-linked payments card
Projects planned or under implementation estimated at $2.65 trillion in June
This brings the total number of companies to 6
TECOM Group saw a 70% increase in its Q3 profits
Funding directed to MENA-based tech investment firm STV
Driven by faster job creation, increased non-oil exports
New investment licenses issued in Q3 2022 amounted to 1,163
Company's total global VLCC deal value hits AED 900 mn in 4 months
Forcing producers to pay to unload it
IHS Market: Eurozone economy on verge of contraction in Q4
Social contributions also rose to AED 13.5 bn
Seven mega-agreements are expected to be announced today
Many brands are intending to place a large investment into the metaverse
China remains active despite ban
Majority of these companies receive substantial government support
WhatsApp outages have also been reported in UK, Europe
Fund will hold 80% stake in 500-million-riyal company, 20% for Tadawul
"The world is experiencing the first truly global energy crisis"
Budget surplus geared to reducing debt, increasing reserves
Growth led by business activity, human capital investment
Egypt has abundant production of long-staple cotton varieties
And an oversubscription by 5.0x
Fund will be used to acquire sizeable positions in mid-market firms
Offer valued at more than SAR 21 bn
Shell claims 9.3% of shares in the NFS expansion project
As Penny Mordaunt drops out of leadership race
UAE is Egypt's second-largest regional trading partner
Investors concerned major economies will stagnate before inflation is curbed
Company became one of the world's largest district cooling service provider
Egypt's central bank is redesigning its currency trading system
Standard & Poor's confirms Egypt's rating at B with stable outlook
Hamburg is hoping to become a hydrogen hub
Saudi, China agree to strengthen energy cooperation
Growth driven by a 7.3% increase in mining and quarrying activity
Country issued 30 "Agri-Tech" licenses since 2019
Robust economy, diversification, capital markets attracting investments
Driven by new listings, increased investors, and trading uptick
Fitch: Lebanon not to receive significant revenues before start of production
Investments climbed by AED 16.6 bn in first 8 months
17% less than the value recorded during same period in 2021
"I will stay on as prime minister until her successor is chosen"
Market projected to hit $44 bn this year
Investment is set to be operational in early 2024
UAE employees are protected under the unemployment insurance scheme
In contrast to the relatively low global average of only 5.5 out of 10
Key entertainment attractions for football, music, culture, and more
"Economic prospects are becoming more pessimistic" in the US
Premier’s position weakens with departure of another leadership figure
Dubai number one departure point globally to reach Qatar during event
Price guidance set at 105 basis points over Treasuries for the Sukuk
Energy prices recorded the highest annual growth
More than 50% of Dubai’s total traded volume
"The pace of the Egyptian pound's decline has already begun"
It’s a step in the right direction
"The issue is going to be replenishing the reserves, or storage, for next year"
The two countries signed 11 deals to promote investment
Eurostat releases inflation data for September today
Shares surged 14%
As part of the country’s Vision 2030 plans
Average residential prices in Q3 grew by 9% year-on-year in Dubai
Inflation will play a key role in 2022
Given their access to cost-efficient renewables
Sign of things to come?
"OPEC+'s recent decision was taken unanimously, based on a vote"
Country reveals three axes of economic reform prior to loan
Will Netflix's results today rescue tech stocks from a recession?
Global ransom demand averaged $2.2 mn in 2021
Average price of prime properties increased by 11.29%
The EMEA PC market decreased 26.4% YoY
But no formal approach has been made as of yet
The JV will sell, build and maintain marine vessels across the globe
57.34% of consumers now purchasing three or more takeaways in a week now
F1 GP is set to return to Jeddah in March, 2023
Company will acquire 20% stake in GLI when financial completion achieved
Hussaini will manage committee's programs related to economic development
"Oil price volatility means that no investments are being made"
Yellen acknowledges impact of strong dollar on inflation in poor economies
Over 50% of UAE users will increase using AR apps
Sales included 373 villas and apartments
SMEs account for more than 95% of all businesses in the country
Truss would hold a press conference later today to discuss decision
Privacy is a concern, but it isn’t the only one
In tandem with the rise in global oil prices
Consumer prices rise more than expected in September
interest rate hikes failed to keep pace with rising inflation rates
WETEX, Dubai Solar, anchor UAE’s image as green tech leader
AMAALA is on track to welcome its first guests in 2024
Boldness, innovation are key drivers of Al Masaood Automobiles legacy
PwC: Where your cash goes determines where your business is heading
The Nasdaq 100 Index of US technology stocks is facing a historic wipeout
If it sounds too good to be true, it most likely is
With the participation of dozen global ministers
Ticketing, hotel bookings might be faked by hackers
Driven by higher oil revenues, ongoing fiscal reforms
Company's market share in the Middle East has increased by 16%
All-in-one solution for teens looking for exploring digital assets
Focus centered on customer-centricity and operational efficiencies
X2 an all-electric two-seat flying car with carbon fiber body
Committee considers need for gradual adoption of further policy tightening
Foreign Ministry: "Statements are not based on facts"
"Program seeks to develop 1,000 technological projects"
Driven by price increases in the entertainment and energy sectors
Global e-bike sales could reach $40 to $120 bn by 2030
It warned of a period of "high volatility" in financial markets
Finding a new job is top career goal for 66% of respondents
New law guarantees the rights of all parties
"Dubai will continue to be the primary meeting place for future leaders"
The Arab Gulf economies are going against stagnation, inflation
Posing across a range of genres these apps include games, VPNs
Sudan's gold sales revenues at $1.315 bln during that period
Population reached 2.94 mn after 370,000 people arrived in the country in 2021
Pressures on GCC's chemical companies are similar to rest of the world
By launching ROOM, its lifelike 3D communication solution
As part of the university's efforts to advance UAE’s national strategy for AI
Fed expects to raise interest rates by another 125 basis points this year
Dubai is the most popular onward destination for fans attending games
Dividend will be paid to the Company’s eligible shareholders in October 2022
Businesses reduced selling prices for the second month in a row
By launching Hayya SIM
Amos Hochstein's efforts could lead to a historic agreement
"Event reflects Dubai’s position as a hub for innovation in tech industry"
The IMF would cut global growth forecast by 2.9% in 2023
UAE's PM approves budget for next 3 years
For their work on banks and financial crises
The 42nd edition of the event will see the participation of 5,000 exhibitors
Company also updated its Pixel smatphones
Registering 15.3%, up from 14.6% in August
US inflation rate remains at its highest level in 40 years.
Sheikh Mohammed bin Rashed: "Gitex put Dubai on global technology map"
IP Accelerator connects SMB owners with a curated network of local law firms
Giving it a market value of more than AED 12.44 bn
In recognition of city's efforts in creating sustainable, happy community
Next challenge is to close gaps in cloud data protection
Firm held initial meetings with investors to raise interest
To boost ADNOC's offshore operations
Tough times call for tough measures
Boosted by high oil prices and disappearing Corona restrictions
Georgieva: Our global economy is like a ship sailing amid crashing waves
Stock futures include Borouge, AD Ports
Dubai beats UK, MENA in terms of internet download speed
Customer service is in the midst of a historic transformation
Where wellness takers center stage
Inflation has helped push cryptocurrency adoption in the region
Project valued at 1 billion Egyptian pounds
Find out who is exempt and what tax rates apply
Jumeirah Group set to diversify growing hospitality landscape in Bahrain
vistage provides monthly support for critical decision-making
Ahmed bin Mohammed attended key session delivered by CNBC's John Casey
EU prepares to approve Russia's oil price cap
GCC generates between 105 and 130 million tons of waste per annum
White House: U.S. needs to be less dependent on OPEC+
Italian producers are finding a strong market in the UAE
With a 10,000-car annual manufacturing capacity
MENA accounted for 9.2% of global crypto transactions in 2022
Bank lately acquired 97% of Bahrain's Ahli United Bank shares
To recognize efforts within the fields of blockchain, Web 3.0 innovations
Musk agreed to pay price he initially offered before trying to quit deal
Trojena, a mountain destination in NEOM, is due to be completed in 2026
New business drove gains in output and employment
Bloomberg expects production cuts of up to two million barrels per day
Despite increasing climate impacts, climate optimism grew to 48%
Final agreement may happen in coming days
"Global spare capacity to raise oil production is very low"
The UAE ranks well above the global average in overall well-being
Egypt already getting clean energy ready
To grow its utilities portfolio
Though activity slowed due to higher production costs
Project will create new investment opportunities in key sectors
The Conference lowered its growth forecast
A billion-dollar investment
MOU with Saudi Finance to establish IMF regional office in Kingdom
Company is deepening involvement in gaming
Sale expected to close in Q4 '22
B.TECH expects to increase its sales to EGP15 bn in 2023
Process will take between one and two years
80% of users in UAE will follow the event from more than one device,
44% agree their organization struggles to hire and retain highly skilled IT staff
After BeIN Sports sought to impose a charge on restaurants screening games
Reports suggest coalition will reduce output by more than one million barrels
Offering will correspond to a 29.24% of the company's shares on Tadawul
Job exploration visa will not require a sponsor or host
Credit Suisse tries reassuring investors as financial fears rise
BreakBread provides customers with an entryway into supper club dining
AR headsets will be the main driver of future consumption growth
Including flying cars, metaverse working experience
Stablecoins are being put in the dock
To 9.7% in Q2, compared to 10.1% in Q1 2022
Revenue from the global gaming industry is expected to top $200 bn in 2022
Event to explore the metaverse, sustainabale digital economy and more
Thanks to oil production and the "strong" recovery of non-oil sector
To meet global demand for the UAE market
DAMAC Properties targets monthly online-only sales of $150 mn by mid-2023
Dubai ranks first globally in Services, Content and Institutional Framework
Project linka 2 ADNOC-owned offshore facilities to Abu Dhabi's onshore grid
10-year contract to deliver collection, transportation, and cleaning services
Exports are significantly higher than they were last year
Bank of England intervenes in the face of 'actual risks to financial stability'
The exhibition will explore the latest laboratory technology and innovation
"Event showcases UAE’s achievements in renewable, clean energy sector"
The decision to negatively affect banks and their balance sheets
"Metaverse is transforming key industries from logistics to real estate"
Dubai set to consolidate status as a testbed for future metaverse technologies
It could be a while, but it’s coming, argues expert
Global travel & tourism accounts for 11% of the world’s carbon emissions
Budget adopts 15 thousand pounds for customs dollar
Strategic partnership will enable businesses to manage digital risks effectively
TCP-based, DNS water-torture dominate DDoS threat landscape
Including an investment of $3 bn to set up railway linking Oman to UAE
Company aims to expand its digital portfolio
Prices have fallen sharply this month by about 30 percent
Phase 2 of the project allows hiring companies to recruit from the portal
The cabinet reshuffle kept Mohamed Al-Jadaan as Finance Minister
Companies planning salary increases to offset inflation, retain talents
CBE decided lately to keep key interest rates unchanged
Medical tourism industry generated AED 12.1 bn in 2018
Despite increased spend
MSEs are increasing budgets to fund their top technology
Prices of food, groceries to drop by 20%
By mid 2024
Ether rose 4 percent to a one-week high of $1,389
“Expect interest rates to rise again during upcoming meetings.”
First tranche of the offerings to be announced within four weeks
108 international agreements signed valued at $22 bn for gas excavation
Country is restructuring its oil and gas sector
Event to explore digital economy, unlock metaverse potential
Investors worried about interest and inflation are affected by growing fears of a recession
And takes home three other major awards
Studio will streamline, ease the way that firms can access Web3 technologies
Germany seeks to diversify energy sources amid reduced supply of Russian gas
French energy firm will have a 9.3% stake in North Field South gas project
The first privately owned company to go public in the UAE
Exchange operations continued during closure
Jerome Powell also speaking
"National Day anniversary comes as we continue march towards development"
Manufacturers must navigate soaring costs, supply chain issues
Crypto payments will be available across 5000+ POS Terminals in Bahrain
Purchase branded unjustifiable in a time of economic turmoil
"Trade exchange between the two countries grew by 57.4%"
Project to reduce carbon footprint of ADNOC’s offshore operations by 30%
But more realism about the scale of the challenge is need to properly address it
Giorgia Meloni could become first woman to hold premiership
More start-ups, institutional investors choosing to reside in region
There are only 550,000 spaces left
It approved increasing percentage of cash reserves that banks need to keep
Driven by high oil prices, high interest rates, and new projects
The Saudi economy is stronger than ever
By another half a point
New land masses, tourism, to spur further economic revival
Visa reforms and low taxes are among factors attracting young Arabs
Only World Cup ticket holders to enter Qatar
Venture capital funding in Saudi surged to $584 mn in H1 2022
“Small depositors must be fully protected"
Abolition of minimum contribution of UAE, GCC nationals also passed
Wall Street dips, investors try to absorb effects of an interest rate hike
Rates to rise until the level of funds reaches the "final price"
Contribution of tourism, retail, largest among other sectors
Since Musk spoke to the social media company’s team in June
Sector to return to profitability next year amid pent-up demand for travel
Global economy undergoing technological revolution driven by AI, IoT
The iconic Emirates Palace is now part of the Mandarin Oriental Group
Merchandise exports rose by 58.8% year on year
MPs meets again on Monday to decide on the draft budget for 2022
IOC's President will discuss bid with Sisi on Sept. 24
CBUAE also looking at improving consumer protection framework in the country
“We will not let this high inflation create a permanent problem.”
Move enables traders to open financial accounts in UAE-based banks
Oman implemented VAT in April 2021
As part of the country's efforts to diversify oil imports way from Russia
The 7A will ensure more efficient use of spectrum
The new store exhibits the brand’s latest innovations in smart homes
Dubai to also commemorate the occasion with events across the city
“Even if the conflict in Ukraine stopped today, the crisis would not end”
The qualified investor subscription period will expire tomorrow
The Dubai PMI rose to a new three-year high in August
Three yacht ports to be established from Suez Canal revenues
Short-term bond yields continue to rise with anticipation of the Fed's decision
Region's passenger traffic anticipated to increase by 4 percent yearly
IMF: Negotiations with Egypt are in very advanced stages
Deal joins a series of other successful transactions
By selling existing shares, issuing new ones
By 2028, 10% of public events will offer participation in metaverse
Council also discussed enhancing current gas cylinders to advanced ones
It’s world’s largest investment forum dedicated to frontier emerging markets
Including 119 without a prior visa
Al-Suhaimi held for 20 years senior leadership financial positions in Saudi
IHC didn't disclose a value for the acquisition
A crucial Thursday meeting awaits BoE and Japan central bank
Decision will have no effect on local plastic bag factories
Distinct opportunities for GCC banks as they progress along the maturity curve
Inflation in Saudi Arabia is within reasonable levels
Nothing available for consumers to buy in stores
Total sales amounted to AED 2.78 bn
SEC’s stance is causing the US to fall behind the rest of the world
Visit included signing of several MOUs between the two countries
"A watershed moment for the people of Bahrain, Bitcoin economy as a whole"
An increase of more than 184.2% compared to 2021
Besides adding 39,000 jobs
A net-zero carbon community that will accommodate up to 100,000 people
Georgieva: “Let’s recognize it’s a matter of internal political constraints”
There are 67,900 millionaires in Dubai
A flexible office environment can better align employee needs, business goals
A direct flight to be launched between Newark, Dubai in March
Meat and poultry prices rose 6.7%
Company aims to expand its use cases—particularly in GameFi
Eth blockchain would split into two different networks
GameFi FTW (for the win)!
"The Eurozone and the UK both expected to enter a recession"
Sail Grand Prix is taking place in Mina Rashid on November 12-13
Initiative will enable startups to compete in local, global markets
Most Gen Zers are more anxious about the number in their bank account
Two parties scheduled to square off in court on Oct. 17
By ringing Nasdaq Dubai's bell
Overall market softening heightened transactional volume of M&As
The UAE reaffirms its position as a global healthcare hub
Emirati workforce doubled to 6% of total MAF's employees in the UAE
Bank said it would focus initially on SMEs
To place Kingdom at the forefront of AI tech in the region
Total purchase valued at AED 514 mn
Almosafer aims to use the investment to fund its growth and expansion plans
Officials from the Fed will meet on Tuesday and Wednesday
Saudi, Libya lead the output increase
Most Insta reels users have no engagement whatsoever
Real estate rental market sees demand outstripping supply
Up from previous target of 23.5%
Company amended Articles of Association to remove ownership cap
But half will not meet targeted revenue expectations
Summit covering all aspects of AI, ways to benefit from AI technologies
Credit quality of rated UAE real estate companies to remain stable
After the offering, Dubai government will retain 80% of the company
"Saudi priorities include localizing steel products of all types"
Initiative to also focus on forging partnerships with manufacturers from private sector
As part of the AED 9 bn T-Bonds issuance program for 2022
Saudi driving structural changes in the sector
Businesses should embrace rapidly changing “Saudization” initiatives
Project expected to attract 2.5 million visitors per year
Crossing 5 million views across Ooredoo’s social media platforms
Total number of active in-production licenses was 866 in June
Biden to hit China with broader curbs on U.S. chip and tool exports
Existing, under-construction factories in Saudi reached 10,685 in July
UAE's EV market is estimated to grow at a CAGR of 30%
Project expected to contribute SAR 11 bn to the country’s GDP
Agricultural crop production increased to 4.77 mn tons
Cabinet approved licensing of first electric clean energy cargo aircraft in region
Initiative is dedicated to empowering women entrepreneurs across the globe
To supply fuel required to generate electricity at the Hassyan power complex
Following the March 2022 theft of more than $600 mn from Ronin Network
Job creation in August was fastest in a year
Cumulative credit balance amounted to AED 718.1 bn in June
Helping rising musicians big on talent, short on distribution and promotion
Transaction attracted $1.9 bn in orders from regional, international investors
As with all things related to the merge, only time will tell
Powell: We are very committed to this project
Set to surpass the current holder of this record, Hotel Gevora
