Region
Earnings before interest, tax depreciation amounted to $3.1 bn
Exclusives
Earnings before interest, tax depreciation amounted to $3.1 bn
He might be forced to sell more share
Expatriates make up 88% of the country's population
Protocols for entry of football fans to be proposed during sporting event
To confront crises and emergencies in the country
WhatsApp will be the “next chapter”
Annual rent allowances amount to KD 169.8 million
A 34% increase compared to 2021
Commitment to be used to strengthen Everdome’s offering, sustainability
In recognition of his pioneering efforts in promoting tourism industry
Goldman Sachs revised its oil price forecast to $110 a barrel
Driven by higher average selling prices
"New regulations will leave little or non room for manipulation"
UAE's crypto market generates transactions worth $25 bn
Salik is still planning to list its shares on Dubai Stock Exchange in September
H1 total revenue increased 121% to AED 21.93 bn
Inflation is expected to decline to 8.7%.
Intense competition pressures Saudi’s underwriting results
Surplus amounted to AED 36.4 bn in Q1
Despite “macroeconomic factors” affecting the global economy
By lowering greenhouse gas emissions by 40%
Surviving the crypto winter
Project involve developing steam turbines at Al-Subiya power plant
Brent crude futures fell 74 cents, or 0.8%, to $94.18 per barrel
Foreign investment licenses increased by 674 percent yoy
Company reported EBITDA of AED 1.99 bn
The company intends to roll out 1,429 projects
Focusing on investing in several key sectors
Driven by an increase in total operating income
Due to weak US demand, recession fears
The highest quarterly surplus since data publication began in early 2016
Gold exchange-traded funds lost $4.5 billion in July
As of end-June, sector loans totaled 6.3 trillion lira
The performance crossover will manage to get your heart racing in absolute comfort and luxury
Inflation expected to peak at over 13%
The two sides also discussed ways to combat terrorist financing
WHO confident in Qatar's ability to host the World Cup successfully
Summit will be crucial to Africa’s response to climate change
Washington: A step in the right direction
Keeping the upward trend going while adamantly maintaining interest
Retailer assures no personal banking information was compromised
The BoE is expected to raise interest rates the most since 1995
The firm's total capital raised to date amounts to $275 mn
Increase by 100,000 barrels per day
Apple leads the list as tech giants draw focus
Despite rising inflationary pressures
Taiwan manufactures about 50 percent of the world's semiconductors
Global Citizenship-by-Investment market will reach $100 bn by 2025
41% of regional investors wanted to implement effective ESG policy
Worst-case scenario would be to reduce growth to 2% by 2023
Saudi Crown Prince visit to Sultanate saw signing of 13 agreements
Strategy aims to support partnerships between investors
Regulations to manage risks related to money laundering
Findings bolster the country’s position as a global tourist destination
Acquisition fits in with growth strategy for lubricants, says Aramco
Results reflect continuing rebound for automotive industry
2103 ships crossed from both directions in July
Total issuances in H1 stood at $4.2 tn, down 11%
Revenue for Q2 at a record peak of AED 576 mn
Tech select sector increased by 12% last month alone
Market will be a unified, comprehensive platform for closed joint stock companies
Capital Economics: Currency to drop to 21 pounds/dollar by end 2022
Central Bank offered purchase price of US dollar against EGP 19.01
The UAE is the most affected
Concern about pledges of premiership candidate to cut taxes
But airport financial margins still significantly below levels
Markets focus on a possible slowdown in rate hikes rather than a recession
It increased by 3% to 1.683 trillion riyals
More ships will be launched successively
Assets rose 2.9% to 3.442 trillion dirhams
Driven by strong gains and new listings
New discovery may be 1 of 4 lost Ancient Egyptian “sun temples”
OPEC Sec Gen: Russia's presence in alliance key to agreement success
AUB delivered outstanding performance and strong financial results
Oil activities lead GDP growth by 11.8% in Q2
But there are bigger challenges than the ongoing crypto winter
International investors accounted for 72% of the new investors
Crown Prince Mohammed: Desire to strengthen strategic partnership
The Boston Group: The UAE is in a very good position
Will OPEC+ raise output at its next meeting?
They believe their security strategy is ‘In the Doldrums’
It has broad implications for Americans and the global economy
Offering reassurance to an earnings period weighed down by inflation
Profits amounted to AED 7.9 bn
Gold demand in the 3 months to end of June dropped to 948 tonnes
GDP shrank 0.9 percent in the second quarter
Within the strategy of investing in leading firms
Company registered revenue growth of 16.4%
Authorities urged residents not to leave their homes unless necessary
The Fund downgraded Egypt's real GDP forecast to 4.8%
They benefited from rising oil and gas prices
For failing to comply with due diligence and reporting procedures
"Meta" recorded about $6.69 billion in profits for the second quarter
On Wednesday, Bitcoin increased nearly 9% to $22,792.02
"I don't think the economy is in a recession at the moment"
Expected increases in hunger and food insecurity by the end of 2022
An increase of 31 percent
In MENA, travel spending showed the biggest growth
For promoting sustainable development, community living in the UAE
Teams can use official training grounds the day before their matches
Over 300 mn items were purchased by Prime members worldwide
Approval of $150 million World Bank wheat supplies loan agreement
On higher operating income, lower expenses
Connecting electricity grids provides cheaper green energy
Project is key component of ADNOC's strategy for gas self-sufficiency
Egyptians can now link bank accounts, make withdrawals
Microsoft, Alphabet yesterday... meta today, Apple, Amazon tomorrow
Advancements in computer technology have vastly outpaced those in the medical field
Parliament amended the original formula... Will the IMF concur?
Growth is slowing from 6.1% in 2021 to 3.2% this year
Current annual trade volume between UK, GCC amounts to $40 bn
This situation may have an impact on tourism in the region
Move will enable people to avoid relying on foreign bank accounts
Their first televised debate
Partnership to boost industrial manufacturing value to $112.5 bn
Attackers have been spotted employing over 30 brands of post services
Energy Forum: to return to the level of $525 billion by 2030
Fuel is among the most requested reimbursements for UAE employees
"The Line" addresses urgent challenges facing humanity
Investments amounted to 472.7 billion dirhams
They align better with the decentralized concept of DeFi
$3 bn worth of property transactions sealed in Dubai one week
Assets totaling $115 billion
"We have safely completed 1.5 mn man-hours since the project's inception"
Non-oil exports increased by 27% to $7.4 billion
The best week for stock markets, supported by a recovery in technology shares
The financing is expected to be completed within days
Agility, digitization, leadership, passion are driving forces behind exchange
The deal is worth 192 million riyals
Egypt, Saudi, and Turkey have shown interest in joining the group
The platform aims to provide a highly personalized shopping experience
Investors keeping an eye on this week's GDP figures
Driven by the increase in food and beverage prices
"Today, there is a beacon of hope, possibility on the Black Sea”
Borrowings hit $498 billion by March end
"It's crucial to resume export of stuck grains through Ukrainian ports"
Confidence among investors reflects the market's attractiveness
Saudi, UAE banking sectors face contrasting liquidity dynamics
The project is valued at 25 billion euros
The Egyptian army controls a large portion of the economy
Prime members can enjoy an entire year of exclusive deals
With up to $1.36m in fines for businesses in breach
Patient was placed in hospital isolation to receive necessary medical care
Volume of TPI purchases depends on severity of the policy transition risk
Economy, GDP, boosted by utilities sector and mega construction projects
Inflationary pressures in the GCC countries lower than rest of the world
Country requests bids for waste-to-energy project
Episodes will be a fun, engaging, and interactive
Raising the euro area out of negative interest for first time in 8 years
Nearly 600 keys are expected to be delivered by the end of this year
Guidelines are the latest in a series of initiatives to govern gold trade
Stock markets fell, yield margin on Italian bonds widened
Tesla sold 75% of Bitcoin adding $936 mn to its balance sheet
Completing economic recovery plan, starting new sustainable phase
Airports to be granted flexibility to reduce charges below announced caps
In 2021, Qatar ranked in the 60th position
In May, Saudi's PIF purchased a 16.87% stake in KHC
Mobile data remains difficult to access in parts of Myanmar
Approving privileges of real estate investment trusts
European plans reducing gas consumption by 15%
Real GDP increased by 8.2% in Q1 of 2022
Johnson: Whoever wins will take on the role of ' household cleaning'
Cybercriminals exploiting IT complexity to launch serious cyberattacks
MiCA will provide a unified licensing regime for the entire EU
Positive sentiment pushing Bitcoin and altcoin prices up
Global electricity demand is expected to rise by 2.4% in 2022
Henley: Japan, Singapore, South Korea have strongest passports this year
Bank deposits increased by 0.9 percent to AED2.006 trillion
Capital expenditure will include expansion of renewable, clean energy projects
Many countries at risk of declaring default on their debts
A fifth and final vote for Conservative MPs will be held today, Wednesday
As part of the country's plans to localize many jobs
Supported by large fixed stock of oil reserves, stable financial system
Views for videos featuring the hashtag 'Dubai' totaled over 81.8 bn
Millions to be displaced as rising waters reclaim heavily populated lands
Company launches second edition of ‘The Outliers’ for startups
“By 2035, CO₂ emissions in the UAE will be reduced by 24,000 mt”
39% are planning to spend more on travelling further afield
Dubai, Abu Dhabi registered an occupancy rate of 75% and 71% respectively
Ministry aims to reduce the percentage of fines or violations against customers
To a record-high of SAR 2.19 billion
It follows signing of UAE-France Comprehensive Strategic Energy Partnership
Russia to undermine the dollar's hegemony by disengaging the "petrodollar
And why is the event so important for the world’s second largest blockchain?
Saudi Foreign Minister Prince Faisal bin Farhan on official visit to Japan
This came after a meeting between the Emir of Qatar, King of Bahrain
This might have a negative impact on the Kuwaiti economy
Finland's Olli Rehn likely to raise rates by 25 basis points
Turkish economy had long benefited from a stronger euro than the dollar
Sheikh Mohamed bin Zayed visits the French National Army Museum
Projects include chalets, resorts, and nature centers
Card provides extensive benefits and discounts across several sector
"Companies are leveraging NFTs to take back control of their brands"
Pound reached a low of 18.91 pounds against the dollar
Company's shares trading at $1.03 shortly after market opens
Strategy will create 40,000 virtual jobs in five years
Yield curve inversion gap biggest since 2000 pointing at recession
"FDI inflows reflect the growing investor confidence in Dubai"
Opportunity to strengthen long-term strategic partnership between the two
OBG: “Qatar continuing to roll out labor reforms”
Arab females taking huge steps in digital realms
MoU aims to facilitate protecting the CCTV networks across the UAE
Hotel revenues exceeded OMR 73 mn in May
Saudi Crown Prince: Unrealistic energy policies lead to inflation
Saudi, US sign 18 agreements and cooperation memoranda
The Crown Prince and the US President shake hands with fists
Before OKX, FTX, Kraken secured licenses in the UAE
Attracting workers with digital skills is the biggest challenge
In energy, space, advanced technology, and infrastructure
America acquires 11% of Saudi foreign trade in 10 years
The Public Investment Fund is betting on the future of the automotive and transportation
Both major benchmarks for crude shed more than $5 a barrel
The number of passengers departing from Oman also increased by 69%
CDAA stressed on the need to adhere to public safety guidelines
It seeks to transform the Kingdom into a global hub for air travel
Participants may not issue closing statement
The bank announced preliminary unaudited financial results for H1 2022
Qatar Airways, Etihad, Emirates among world's 20 best airlines for 2022
The transaction follows successful advisory transactions in the GCC, Egypt
Investments aim to address food insecurity in South Asia, the Middle East
Mixers improve the anonymity of crypto transactions
houza aims to lower listing fees for agencies
Bitcoin, altcoins create grub hubs, attract UAE, global businesses
Fixing the economics of online grocery is a priority for quick commerce
Food and beverage segment has the greatest impact
Prices of diesel supplied to the food and electricity industries were fixed
“Economic diversification a fundamental strategic necessity”
Senate confirms Michael Barr Vice Chairman of the Reserve
Seasonally adjusted disguised unemployment rose to 22.4%
IMF: Expectations of further deterioration
New experts will separate business strategy from IT operations
Above the 8.8 percent Dow Jones estimate
UAE, France are expected to launch a business and investors club
Company blamed it on the uncertain global economic picture
In May, Jeddah reported its highest performance level since 2019
The role of social media is increasingly growing in the retail sector
Progress marks the second-largest gender gap yet to close
Measures simplify, and speed up the process of incorporating business
Deal aims to boost trade ties with promising global markets
Twitter hopes to start the case on September 19
"OPEC" does not expect breakthrough in supplies for 2023
The final death toll remains unclear
The world will soon have 8 billion people
Twitter said it was confident the company would win the case
It recorded the highest rise in inflation rates among the GCC
The second benefit package was announced during Eid Al Adha
Lebanese living abroad may bring in stable currency into the country
Current index rose 13.01 points compared to 2021
The takeover deal is in "serious jeopardy"
The currency rose 0.5% against the dollar
Saudi, UAE made attracting FDI a mainstay in development plans
Andrew McLaughlan named Managing Director for the Middle East
Nasdaq welcomed listing carbon-neutrality-themed bonds valued at $2.68 bn
Oman was affected by the depression's peak impact
External support is required to avoid uncontrolled currency depreciation
Britain's economy under pressure from high inflation levels
Flavors, colorings, luring youth
Compared to other global technology hubs like London, Berlin
Over 71 million are pushed into poverty in just 3 months
IIF: Continued volatility in stock markets hurt expectations
Move to promote national economy's status in various global markets
The leverage rate is expected to rise by 11.3 percentage points
Dubai's luxury real estate market maintained upward growth
The Sultanate will repay a financing loan before its due date
A deal that ranks among the banking sector’s biggest this year
Last week, Egypt bought the most wheat in at least a decade
"A longer-lasting tightening would complicate the global economic outlook"
War and oil will be reflected in banks in both rich and poor countries
Expect a new rate hike of 50 or 75 basis points in July
It registered a slight MoM increase of 0.01 percent
Globally, crypto assets are largely unregulated
Long queues, missing baggage and halted travel plans
“We want to be one of the top 10 countries globally to attract FDI"
Appointment made at first Board meeting since Salik went public
Nearly half of businesses are expanding virtually via the cloud
Russia stops shipping Kazakh oil, which raises prices again
KFC has been dominating Egypt’s market for many decades now
87% had to move fast to accelerate digital deployments
July important part of the year, sees the start of harvesting crops
2023 Dubai World Cup to be held on March 25
Agreement to increase international investor access to the UAE’s market
"Inflation in Europe and the US could reach 8 percent"
Technology is changing the hospitality industry at a pace never seen before
flynas teamed up with Amazon to offer the new service
Several factors led to this decline
Shares were active during the first minutes of trading
S&P: Upturn underlined by a robust increase in new business levels
Input costs in the non-oil sector rose sharply in June
Allocations targeted several sectors including food and unemployment
First $500 million will be paid in cash
Emirates National Bank expects government to use oil revenues to reduce debt
The pound hits its lowest level in over 5 years
Egypt ranks second after the UAE in terms of fintech funding deals
The objective is to inspire high school pupils to excel
Royal orders included the appointment of two deputy governors of SAMA
Tents will be fully equipped with air conditioning, TV, and internet
Single-stock futures will allow for more efficient portfolio risk management
Driven Real Estate prepares market studies to guide investors
S&P lowered its forecast for 2022 sukuk issuance to about $130 billion
The Canal's revenues are expected to increase to $13.5 bn in 2023
Program to accelerate Qatar's efforts towards climate change
DEWA: Total energy production capacity reached 14.1 gigawatts
G7 recently discussed a plan to put more pressure on Moscow
The IPO order book was 47.5 times oversubscribed
Move marks first international acquisition realized by the Group
Alnama will have 100% renewable energy
The price rise is in line with previous increases throughout 2022
Listing is scheduled for the 18th of this month
Wage ceiling boost ranges between 300 and 600 dinars
The headline inflation rate came in at 8.6 percent
Yazbeck to succeed Sayed Hashish who served in the role since 2016
Increased focus on self-driving transport, more driverless journeys
Emerging markets face high external financing needs
Partnership aims to promote digital transformation in small businesses
IIF: impact of tightening US monetary conditions on Gulf banks limited
The project aims to increase foreign trade to AED2 tn in five years
Avoid any policy discussions in September
Islamic nations follow Saudi in observing Dhul-Hijjah's crescent
AI could unlock $12.6 trillion in value globally by 2030
The meeting highlighted the need to implement additional legal support
Soon to announce a new tool to combat jumps in bond yields
It Increased cash withdrawals from ATMs of other banks to 4,000 EGP
1.8 million tickets have already been sold
S&P: Challenge is controlling inflation while avoiding stagnation
In the United States, Cadillac is a synonym for crème de la crème
Transporters need to submit advance cargo information under Phase II
The state and central bank bear part of the responsibility
Saudi planning to develop a trillion-dollar global tourism economy
Funds will help strengthen Egypt’s resilience to food crises
China topped the list of Qatar's exports and imports
“OPEC +” tomorrow maintain plan to accelerate increase in August crude production
Companies Law facilitates establishment of organizations, encourages bold investment
International passenger traffic to continue pandemic recovery
Central bankers gather in Portugal for their annual conference
This is equivalent to 5.5% of the country's GDP
Intra-non-oil trade between two countries reached $13.3 bn in 2021
It will aim to provide liquidity to financial institutions and credit markets
Alpha Dhabi is now Aldar's single largest shareholder
The banking industry showed a resurgence with an increase in profit of 40.15%
G7 pledges $5 billion to boost global food security
Saudi contracting firm number reached 165K
Fund recorded a positive return on investments of 10.4%
Macron tells Biden that UAE, Saudi can barely raise oil output
50% looked up the product online before going to the store to buy it
It empowers them to make influential decisions
This is partly driven by the acquisition of stocks trading at a premium
Stock markets gain for first time in a month, oil prices fall below $110
Offer marks highest oversubscription multiple for listings on the DFM
Targets tackle climate change, health, equality, digital infrastructure
Grace period on $100 Interest payment has expired
Saudi's vital sector is estimated to have a yearly worth of $2 bn
It scored fifth globally and third in GCC
Investment Authority exits from 30 companies to secure $6.5 bn
What about the role of the metaverse?
It's an effort to diversify its oil-dependent economy
Mere money and influence will not guarantee an ultra-exclusive car
"Crypto assets not underlined by monetary authority might be less credible"
Alternatives include multi-use bags
Funding to fuel new inflow of live shows, media production in the region
The coalition sticks to plan to accelerate increase in oil production
Bonds five times oversubscribed
Participating companies to contribute 110 billion dirhams
50% of men in UAE identify themselves as overweight
Finance Minister worried about further rate hikes
A 57% increase compared to the same period in 2021
Outward investments flows reached $22.5 billion
A 197 percent YoY increase from the same period in 2021
Burj Khalifa ranked fourth globally
The emirate welcomes opening of largest Amazon high-tech facility
GCC banks have remained stable and safe over the past 30 years
Project expected to generate more than 120,000 job opportunities
With a focus on structural battery performance
Bonds comprises a 10-year tranche and 30-year Formosa portion
China is the Kingdom's first major partner in commodity trade
11 were awarded Michelin stars and 14 received a Bib Gourmand
Trade exchange during 5 years amounted to about 103 billion riyals
He stressed the US Central Bank's commitment to "strongly" reducing inflation
Gulf states’ beaches, remote desert areas, among best for wind generation
Both sides to boost partnership in food security, health, and education
Audit is key demand before releasing funds
The emirate recorded 7,936 off-plans sales, up 117.7% YoY
New updates mean more Apple devices in the trash
MENA's retail markets are valued at $1 trillion
85% of UAE companies saw productivity increase after shift to hybrid work
Mumtalakat has $18 billion in assets under management
The Fund expects the Kingdom's GDP to grow by 7.6% this year
The Saudi-Jordanian Fund is a leap in promoting joint investments
Musk appeared virtually yesterday at Qatar Economic Forum
The state spent $62.6 billion via decrees over 10 years
With investments worth $1.5 million
It seeks to open new markets and support 10 thousand companies
47% reported tech issues at work increased their stress levels
63% of Middle East consumers still preferring shopping in-person
The company will have a 6.25 percent stake in the North Field East expansion
The World Bank wants reforms before financing the agreement
Al Ahli lodged a complaint with the Capital Market Authority
Meeting approved start of due diligence work on JV deal
Total public expenditure decreased by 5.9 percent to OMR 12.2 bn
The sector will return to profitability in 2023
AED 110 bn to be allocated for agreements with local manufacturers
Under the slogan "Achieving Equality in Global Economic Recovery"
Qatar Airways will act as a sponsor of Oman Air's entry into the alliance
$4 bn port is a JV between DAL Group and Abu Dhabi Ports
Significant step within strategic partnership announced by UAE President
Report highlighted the role of a smart grid in the Smart City's development
Trade exchange jumps 62% to $9.1 billion in 2021
The worst week for global stocks since the markets collapsed with the outbreak of Corona in March 2020
Non-oil economy recorded a growth of 7.8% in the same period
The City is an ideal destination for residence, business, education
In order to understand and prevent market contagion
Nook's assets are valued at 245 trillion pounds
Yellen doesn’t see a recession as inevitable
68% of companies are currently reviewing annual salary budget
Revenue from expatriate fees amounted to 6.86 billion riyals
Alamar to raise about 1.2 billion riyals by offering some shares on Tadawul
The move highlights Volvo's position as a key player in climate action
IATA praised the cooperation between airlines in the Arab Gulf
Sometimes lives are at stake, but it doesn’t need to reach that point
The project is valued AED490 mn, stretches over a 415,000 sq m area
The auction is part of the AED 9 billion T-Bonds issuance program for 2022
SAOG to offer HBMO shareholders cash and shares
Eligibility includes any natural or legal person, whether a UAE citizen or not
Money transfers amounted to about $605 billion in 2021
Confidence in engineering a "safe landing" has diminished
It also ranked second globally in the 'Digital Skills' sub-indicator
Net profit reported is valued at $1.54 billion
The program aims to establish logistics start-ups
After 27 years, Microsoft has retired Internet Explorer
"The Kingdom's leadership has promoted Saudi women to many positions"
The employee stole an amount of KD 68,000
Over 30K transactions from January through May
Inflation, geopolitical tensions impacted HNWI's spending patterns
The last time interest rates were breached by 1% was in 2009
The two banks' shares rose following 1-hr trade suspension
Key activities include launching a clinical research project
As per the law, Dubai’s government owns all of the company's shares
Subscription for 625 million shares began today on DFM
The unemployment rate is expected at 3.7 percent by end 2022
Saudi made a smaller increase after slight inflation slowdown
The DDoS attack resulted in 26 million request per second
Egypt plans $10 million worth of investments
The move aims to enrich, improve the library's reading material
Amazon produced 20 drone prototypes since Air Prime launch
Long-term stagnation was cited as the cause of the layoffs
Upon shocking emergency meeting to address rising borrowing costs
97.3 cases per one million doses developed symptoms of carditis
101 deals to create 5,800 new jobs in the domestic economy
The airline offers a chance to win a FIFA World Cup Qatar 2022 package
Domestic workers might be excluded form the visa-free travel scheme
The European Fear Scale has reached its highest level since 2020
Conventional mortgage grew by 2.7%
Blame the increase in food, beverage, and transportation prices by 4.2%
“Qatar Airways” and “Airbus” dispute main IATA agenda Sunday
Potential to convert into one Sharia-compliant financial institution
90% said that adopting CSR will have positive effect on businesses
Market maintained growth of 1.1 percent to reach 80.6 points
Global oil demand to grow roughly to 3.4 million BPD in 2022
This is likely to reflect a higher average income across the country
Fines could go up to AED 500,000
MEW claimed lion's share with contracts valued at $353.7 mn
As part of the Bahrain's economic recovery plan
If approved, increase will be the largest since 1994
The library is in Al Jaddaf has more than a million print and digital books
The partnership will help Qoot manage digital orders more efficiently
Full integration of the bank's operations and systems in Q4 2022
Joining marks major recognition of Borouge
Blame the release of the recent US inflation report
Collapse may pose threat to consumer confidence; unlikely to stop growth
Exports grew 15.8% YOY to reach AED 104.3 billion between January, May
Project to increase Qatar's LNG output capacity to 10 million tons per year
Expect 50 basis points at the Fed meeting
This is part of DFM’s strategy to diversify investment opportunities
Airline must pay minimum of SAR1,820 and no more than SAR6,000 in such cases
Saudi’s crude oil production capacity to reach 13.3-13.4 million BPD
IMF to open a representative office in Beirut
The losses account for 7.6% cut to GDP in 2070 alone
Chimera's offer is about 10% higher than its Egyptian competitor’s
Barclays is talking about 75 basis points
Have the markets played their final act?
Publishers stand to lose million in payments
Yellen says the US is experiencing "unacceptable levels of inflation"
Alkhorayef Water awarded four contracts worth $493 mn contracts in Saudi
The ever first model to produce torque in excess of 1,000 nm
The 28th meeting held in Abu Dhabi
FDI inflow to GCC economies soar to $44 bn in 2021
Qatar's contribution to France's GDP increased to 3.07 bn euros
Hevolution seeks to extend the health span
FDI rebounded to nearly $1.6 tn last year
Increasing share of women in work in MENA could increase the GDP to $2 tn
Pickl reveals first glimpse of its meta restaurant
Listing may take place as early as September
Mortgage transactions represented 55% of home sales volumes
Categories like cereals, breads, oil, and fats saw a major price rise
The games and esports company will hold 8% of the shares
The list also included sites from Egypt, Saudi
Big names. Big money. And a worldwide tour that spans the globe.
This is the lowest amount so far in 2022
As part of a cooperation agreement between the three nations' central banks
The highest employment index reading since December 2021
Shares are expected to start trading on July 5
Brands must re-imagine digital-first experiences that engage customers
"The group was currently 2.6 million barrels per day short of its target"
The tour is organized by Coca-Cola
The event discusses the pandemic's impact on the tourism industry
Companies to prioritize emerging technologies such as AI, IoT, and Cloud
Program to provide youths with exceptional tourism experience
He threatened termination over spam bot dispute
Are you just driving in your car? That will soon be a thing of the past!
Qatar to finance a $30 billion LNG plan to raise production
1.2 percentage points higher than expected at the beginning of this year
A representation office of the EU to be opened in Oman soon
"The government is able to control public finances and financial sustainability"
Banks are charged a negative 0.5% fee on their central bank deposits
Results coincide with World Oceans Day
Results coming from a significant increase in oil activities
First smart free-zone market in the region targeting retail, wholesale industries
Growth attributed to several factors, including a buoyant energy market
Pablo Martinez to succeed Joerg Hildebrandt who led the company for 11 years
The amount of gold in the Egypt's Central Bank increased by 54%
New listing increases the value of Sukuk listed by Indonesia to $22bn
TCTx will allow customers to access digital solutions to grow their businesses
The project features the first adventure park in Oman
Bitcoin could bring equity in finance as never before
Volume of recycled glass expected to reach 6.2 percent by 2027
The first Gulf family car company to be publicly traded
A strong jump of 8% in oil economy in 2022
It will invest $5 bn in "Jebel Ali Port", "Free Zone" and "Industrial Park"
Saudi to attract 70 million international, local visitors
Content creators are making a decent living through digital platforms
Foreign investors rose to historical levels in Q1, with 9,383 new licenses
Total shareholders’ equity raises to SAR 3.2 billion
15 months ago, DEXs first eclipsed CEXs in on-chain transaction volumes
Citi estimated Brent to average $75 per barrel in 2023
Continued mortgage demand in Saudi supports the industry
If you can’t buy an EV, maybe it’s time to rent one
Total global production of paper and cardboard is over 400 million tons yearly
Visas aim to attract talents, investors
Oman currently has 5.2 billion in oil reserves
US Treasury yields at their highest level in 2 weeks following jobs’ data
DST to enhance Dubai’s position as a leading sustainable destination
ADX and 9 listed companies to meet with major investment institutions
The inclusion comes into effect on Monday 20 June 2022
IMF to reject plan that does not receive overwhelming domestic support
Arab tourists to exceed 2 million in the summer season
Long-term strategy to address demographic imbalances in the country
MoU to promote healthcare sector, raise Saudization
This would help create some 600,000 technology jobs
S&P: UAE’s economy"continues to recover strongly from the pandemic
Awards reflect Bahrain's ability to establish large exhibition centers
The project recorded 2,200 permanent jobs, 75% omanization rate
After two years of anticipation, 1000 Miglia is coming to the UAE in its full glory
Web builders speaking the language of an underserved market
The kingdom could make $400 billion from oil industry this year
The extra 648,000 bpd exceed observer expectations
The company champions sustainable design to reach net-zero
Forecasts of rating downgrades, impact on GDP
The deal is expected to close in Q3 2022
The deal will open the opportunity to serve new markets
Many investors are showing interest in setting up investments in Egypt
Digitalization of healthcare services spurring demand for telehealth
IPOs fetched $11.4 billion in the first 5 months of 2022
The initiative aims to mitigate the economic fallout of the pandemic
The screen will be launched on June 6
In an attempt to mitigate the effects of the Covid-19 pandemic
About 90 percent of Russian oil imports to the bloc will be stopped
The company aims to drive entrepreneurship and innovation
Over 40,000 flats, villas scheduled for completion over remainder of 2022
Government’s programs to boost home ownership have turbo-charged demand
The aviation industry is experiencing delays in hiring personnels
Poor application experience ruins UAE consumers’ holidays
Skyscrapers are valued at $500 billion
Imposing a financial tariff on single-use plastic bags
Virgin Mobile Kuwait offers users a completely digital experience
The Open Committee meets on June 15, to approve 50 basis points increase
Qatar’s carbon-neutral commitment should be "recognized, not criticized"
Growing Arab interest in evaluating the process of issuing CBDCs
Dubai brings largest ever delegation to IMEX Frankfurt
Partnership will allow customers to purchase with virtual assets
S&P: The emirate's growth to accelerate over 5% in 2022
The tropical Caribbean paradise will soon have direct flights, thanks to Emirates Airlines
Arabian Ranches, Jumeirah Islands lead annual villa prices
In support of national teams competing for final FIFA spots
DFM international roadshow to attract more investments
Luxury villa rents have jumped by 20 percent to 35 percent
Higher interest rates could curb the activity
The company, on Thursday, is looking into merging with "Al-Qurain"
The maturity period will be 6 months, with a rate of return standing at 2%
The scheme is expected to cost $2 billion
She is also first Arab to reach summit of Mount Kangchenjunga
Putin to lose about $10 billion annually in oil export revenues
Can vertical farming help relieve reliance on food imports?
51% of legal decision-makers describe sudden changes as “challenging”
AW609 is the world’s first tiltrotor set to receive civil certification
The One and Only welcomes renowned Moroccan chef Moha to reinvigorate Tagine
The country plans fintech licensing soon
Business travel is regaining momentum as a growing number of companies look at it to secure growth
2 Saudi ports rise up in rank
Oman records the highest growth rate in gas exports
82% of bank customers don’t favor having to physically hand over documents
Each person residing in Qatar can receive 10 relatives, friends
This will increase wheat, corn production to 30 million tons per year
106 deals worth in excess of $558 million, highest in the region
Continued bleeding of the Central Bank's reserves in foreign currencies
Dubai attracted FDI worth AED 50.9 billion from 2017 to 2021
But investors found refuge in Bitcoin.
Other plans include increasing industrial exports to reach $30 bln
Octanium Experiences welcomes automotive enthusiast to key advisory role
Women will improve the economic prosperity of Saudi
ADC aims to acquire businesses in the UAE or broader MENA region
Majority of UAE consumers check at least 3 sources before buying
The bank said it expects disinflation to start
80 zero-days were exploited in 2021
Dubai consolidates status as a hub for global high-tech firms
FDI from privatization are projected at $10 billion annually over 4 years
"We hope this will bring many opportunities to the UK, Qatar in the future"
The new project helps embrace new digital solutions
The new investment is valued at $238.3 million
The airlines will launch a shuttle service
The unveiling event at Lake Como attended by a select few
He adds $6.25 billion to Twitter bid
Emirates NBD, FAB, and Morgan Stanley to manage the listing
A draft "state financial policy document" is submitted to the Cabinet
Replacing expat labor preserves demographic make-up
The museum will host a world-class scientific research center
MENA startups generated $297 million in investments in April 2022
Azour: GCC countries do not suffer from high prices like other countries
Company to unlock maximum metaverse potential
Compared to 1.9% in the previous FY
The Saudi wave will push all the ships in the region with it
Supply chain turmoil, trade finance gap, hinder global economic growth
The war in Ukraine likely a driving factor towards an economic slump
The UAE introduces a new private sector company classification system
Export capacity to amount to 12 million tons annually within 3 years
"We are at a final stages of designing our fiscal sustainability policy"
The Middle East’s first waste-to-energy plant opens in Sharjah
The richest man in the world’s wealth decreased by 5.4%
There was a big shake-up at the UAE Ministry of Education
GCC countries have measures in place to treat and dispose
MoF launches Digital Service Guide to facilitate access to all services
1000 Miglia, synonymous with classic elegance, now on our doorstep
The 2 companies signed SLB deal for 5 Boeing jets
This is despite global price pressures
ADNOC says the project with BP has moved into the design phase
Event to focus on exploring and shaping the future
Japan, the US, Spain, France, and Germany are at the top of the list
Fares to jump to 7,110 dirhams on November 20
While the outbreak is unusual, it remains “containable”, says WHO
Companies are taking positive steps but more needs to be done
Jerome Powell was sworn in for his second term
"We are very proud of the development, reform, and progress we made so far"
Sales prices recorded a significant spike, particularly in regard to villas
Everdome announces upcoming metaverse land auction date
WEF unveils Virtual Global Collaboration Village
This contrasts with the strong relationship between gold, real yields
Wheat imported into Kuwait is noted for low moisture content
The IMF does not expect a global recession
The new reforms aim to enhance the sector across all stages
Users can now link their bank accounts to their CoinMENA wallets
US stocks suffer the longest series of losses since the Great depression
Solar energy is the new oil
It succeeded, in under 6 months, in completing merger procedures
Saudi Energy Minister: World must appreciate value of the alliance
The list includes Lebanon and Turkey
“Borouge” stock price set at 2.45 dirhams
The World Health Organization sounded the alarm after the virus spread
Bin Talal's share in the company's capital declines to 78.13%
MoU will increase the sector’s contribution to the national economy
Deposits to grow driven by projected interest rate increase
Removing company from S&P's 500 index worsened losses
Saudi expects AVs to be available to everyone by 2050
Middle East businesses should seize digital transformation opportunities
Hotel combined revenue exceeds pre-pandemic levels to $3bln
Expenditure on cars in Saudi reached SAR 40bn in 2020
Plastics, CO2, recycling high on projects’ agenda
The emirate aims to support 42 thousand virtual jobs
Inflation expected to reach 17% in August