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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
Trend Micro blocked 107 million threats in Saudi
Integrated Planning sits front and center
The two stock exchanges aim to enhance market liquidity
Profits climbed to SAR151.9 compared to SAR139mn in 2021
First-of-its-kind UAE TV viewership research launched at CABSAT 2022
65% of CEOs expect their companies would focus on ESG
Vision 2030 media coverage grew by 74% since 2020
UAE engineering employers finding it difficult to recruit new staff
The energy and resources industry will witness a major transformation
Cairo launches today the National Climate Change Strategy 2050
2,500 leaders and experts gather to reconnect and share ideas
The Fund aims to bring the best technology to Abu Dhabi
Lucid to produce 150, 000 cars per year in Saudi by 2027
Kingdom's oil production reached 10.35 million bpd in April
In recognition of its efforts in supporting non-oil exports in the UAE
Demand for office space climbs as foreign firms expand
The villa was sold for $28 million
The deal makes the fund 5th largest investor in the video game company
Preliminary Q1 2022 revenue amounted to $9.3 million
The NFT format is titled ‘SMARTIES MENA INTO THE METAVERSE’
Dubai issues over 32K licences since August 2017
Change applies to residence visa applications made on May 16 and onwards
This comes after EU proposed visa-free travel for Qatar, Kuwait
Rules out larger increase of 75 basis points at the next meeting
Subscriptions start May 23 to May 28 for individuals
Saudi, UAE are key players in electric mobility transition
Jadwa sold its majority stake in Al Meswak to GII
Recruiters touring Australia, UK, Europe other cities in Middle East
This comes as banks cut down dollar sales to prop up currency
BHB listed BD 150 million worth of government bonds
Off-plan sales transactions increased by 44%, with 73.68% value increase
Residential price index reached 79.8 points in April
IHC provided capital through preferential allotment route
“HC”: Inflation figures for April higher than estimates
Electromin rolls out 100 charging stations for EVs across Saudi
April’s $629 million in revenues highest ever in a month
Musk believes fake users make up 20% of total users
Sector contributes 12% of Egypt's GDP and provides 10% of total jobs
The bank calls on its clients to use the QR code scanning option
New Delhi move comes following 8-year high inflation
Solutions by stc contracted to implement the strategy
OQ invites banks to pitch for gas pipeline network IPO
Gulf banks reported a small number of cyberattacks in last decade
KAUST attracts 5 global deep tech startups to Saudi
79K transactions completed since March 2020
Saudi will soon witness accelerating adoption of crypto
Prince Abdulaziz: Oil output depends on what we do in the divided zone
The group confirms $4.4 billion acquisition of Vodafone
The sector could create 3.6 million new jobs in 10 years
The government has identified $9 billion in assets to offer this year
It seeks to boost annual coffee beans production from 300 to 2,500 tons
Budget supported by high oil prices
Central Bank Governor: This will reflect on the UAE progress and prosperity
Al-Rajhi Financial expected Aramco to achieve profits of 136.6 billion riyals
He succeeds his brother Sheikh Khalifa bin Zayed, who passed away yesterday
Tips reached over 1.2 million dirhams in Ramadan
The initiative is part of Kyndryl’s global sustainability program
Losses amounted to $1.1bn, down from 5.5bn in 2021
Poly observes 12 considerations to navigate hybrid working
This translates into 4.255 percent of valU’s issued capital
Official mourning and flags at half-mast for 40 days
Brazilian footballer joins the NFT bandwagon
A 195 billion-euro plan to stop Russian fossil fuels' import by 2027
A clear case of playing on people’s sentiments.
The company announced completion of $1 billion funding for 2022
Bosch to invest 500 million euros to produce hydrogen
A lost golden city. An ancient Zeus temple. A 4500-year-old statue
Status will be effective from June 1 and under this new amendment
It lowered its forecast for a rise in global oil demand growth by 300,000 barrels
$3.45 billion, the value of the financial technology sector in 2026
The value stolen from DeFi protocols trending up since start of 2021
The event attracted over 23,000 visitors amid wide global participation
Net profit jumped 33% to 6.47 billion riyals
Securing up to $500,000 of investment at ATM 2022
Region could reap huge dividends from real-time payments
Gulf countries have moved to revive the GCC Railway project
It partnered with AMEX Saudi to launch new miles redemption program
The issuance of two tranches was valued at AED 1.5 billion
Stay away from tokens backed by anonymous developers
Several factors to boost Aramco's share prices in coming months
Abu Dhabi Convention & Exhibition Bureau, Etihad Airways sign MoU
Total passengers increased to 13.6 million from 5.7 million a year earlier
First auction of dirham treasury bonds oversubscribed 6.3 times
The cost of a data breach increased from $3.86 million to $4.24 million
The agreements aim to strengthen the industry by investing in new innovations
Cepa will encourage trade by reducing custom tariffs by 90 percent
Kitmytrip launches Alike.io, the creator first travel commerce platform in Dubai
The airline was awarded the ‘Best First Class’
GCC travellers have a vital role in driving tourism recovery
Deals valued at 6.6 billion Saudi riyals
Global leaders, industry experts convene for day two of the World Utilities Congress
59% of UAE's organizations surveyed were hit with ransomware in 2021
The company’s market value has risen to $2.464 trillion
3.9 million foreign travelers visit the emirate in Q1 2022
NFTs are emerging as an investment asset class
“OPEC +” is doing its part to meet global demand amid geopolitical pressures
Company awarded title of "Best Air Carrier in the World"
Net income increased by 15.5 percent to 48.8 billion Saudi riyals
The sector expects to achieve a GDP of $486.1 billion by 2028
The airline launches a rebranded business division; SAUDIA Business
FAM Holding to list its shares on the ADX's growth market
Heavy penalties imposed if private firms do not meet the Emiratisation criteria
Digital banking market will reach $30.1 billion in 2026
The company recorded the highest volume of fuel sales ever during Q1
Higher interest rates in 2022-2023 would further support it
The company acknowledged that it is fascinated by NFTs
Gates has been invested in public health issues long before COVID-19
The largest event of its kind in the Middle East attracts 1500 exhibitors
GACA launches national strategy to connect 250 destinations globally
Total capital flows of FDI projects exceeded 26 billion dirhams in 2021
10-year US Treasury yields exceed 3.1% for first time since 2018
Emirates airlines to expand premium economy bookings
Analysts expect the Fed's monetary policy to lead to a "bear market"
Mawani launches 12 private-sector investment opportunities
Soaring energy, material prices led to great increases in production input costs
It has outperformed many countries that have a long history in this field
Saudi attracts investments worth $32 billion through 9 new projects
Rising commodity prices and global inflation fears pressure sales
Future Aviation Forum to offer $100 billion worth of investment opportunities
Expects highest growth in Saudi in 11 years
The cost of food wasted annually around the world is about $1 trillion dollars
Today: "Future Aviation" Saudi ... and the Arabian Travel Market Dubai
The WUC to explore the role of hydrogen in the future of the utilities sector
And things don’t look too bright for the coming week, either.
MENA M&A deals reach $21 billion in Q1
Inflation reached very high levels, 7.5 percent last month
Revenues amounted to $629 million in April
The money supply increased in March by 4.22 percent
Saudi registers a domestic product of $833.5 billion
Musk secures over $7 billion
Alleged embezzlement of at least $330 million in public funds
As of 2022, the Nike brand was valued at more than $33 billion dollars
Johnson incurs losses in elections due to high cost of living
About 11% of all goods shipped worldwide are stuck in traffic
The "OPEC +" is scheduled to hold its next meeting on the second of next June
Sports organization FAME MMA acquires land on Everdome’s metaverse
Gulf countries expected to grow their economies, IMF says
Say Goodbye to cheap money secured by quantitative easing policies
Collectors have sent over $37 billion to NFT marketplaces in 2022 as of May 1
Governments are working on their integration into the labor market
New UNESCO report reveals science-based blueprint for rebuilding education systems
A heat wave threatens the production and exports of Indian wheat
The Future Aviation Summit will feature 120 speakers, 2,000 attendees
Planning to stay ahead of the changing regulatory landscape
Another ¾ of a percentage point increase expected at June meeting
The mistake resulted in a $26 billion drop in market value
Biggest increase since Alan Greenspan's tenure
The report notes issues in Egypt, Turkey
Emirates NBD: The hydrocarbon sector to boost current account, budget balances
It posted loss of over $20 billion as it withdraws from energy group Rosneft
Twitter may see 'slight cost' for businesses and governments
FHS will gather government leaders to discuss ‘Reimagined Horizons’
VARA establishes its headquarters in The Sandbox
It’s not just rogue elements that can endanger your NFT investments
The Kingdom announces a growth of 9.6% during Q1
Wall Street Journal: Musk told investors he plans to organize an IPO
Federal Open Market Committee raises interest rates by 50 basis points today
Event will host 1,500 exhibitors and reps from 112 global destinations
The fund's total assets at end-2020 were 47.1% of national GDP
“Apple” warns of losses of up to 8 billion dollars
The surge is driven by sustained demand for broadband and mobile services
Consumer spending in retail stores increased by 14 percent in Q1
Upon completion of the transaction, Borealis will be 25% by ADNOC
The decision will soon be ratified by the EMC, the EP
How is the region preparing for this?
Bahrain is the first country in the GCC to grant a license for this service
WUC 2022 set to discuss the future of low-carbon power and water supplies
A separate dispute continues over the safety of the larger A350 aircraft
The drop in production paints a misleading picture of the economy
The introduction of road toll system (Salik) expected next
Earnings were driven by demand for cloud-computing services.
AED17 million to advance medical research and discovery
The decision will allow investors to invest in the company’s stocks
Saudi is an outstanding example
111 databases were exposed to the open web in the UAE, 372 in Saudi
Facebook's user base is growing at an all-time high
The merger with "Awda Misr" scheduled in next few months
Saudi is experiencing a boom in trademarks and patent requests
Borrell: The goal is to ensure visa-free travel for all GCC countries
Bringing Provençal cuisine to the region
What will spending and tourist destinations look like for the holiday?
The $70.7 million company will be the largest provider by market share
Saudi “Al-Rajhi” and “Al-Ahly” achieve net profits exceeding $1 billion
The House of Representatives approves committee recommendations
You can now watch a movie, travel, and prepare your favorite food in the "Metaverse"
The deal could be canceled if it is not closed by October 24
An expected upturn for the Gulf economies due to the rise in oil prices
These companies accounted for more than a quarter of all contracts by value
Saudi economy expected to grow at 6.3 percent
Extending the contract until at least 2036
“The company will maintain flexibility and continue to generate strong profits”
Saudi is in a prime position to produce green and blue hydrogen
“925 Genesis MOOD” to be launched on May 7th
Kraken has fulfilled all approval requirements
Number of factories in Saudi exceeded 10,000 factories
The value of exports amounted to 108.4 billion riyals
Housing and social services projects are government priorities
Investors are concerned about the possibility of US policy tightening
Law ensures equal treatment for both Saudi, foreign investments
Investors' concerns about global growth
This comes days after he unveiled his $46.5 billion bid for the social-media company
21 total listings in 2021, with volume offerings amounting to SAR31 billion
Failure to comply could cost 6% of companies’ annual global sales
How the past 4 decades shaped the future of UAE’s top yacht builder.
Saudi, UAE easing business conditions
"Important progress in the UAE and Saudi Arabia from countries in the Middle East"
The first international fund dedicated to back the tourism sector
Total volume of the UAE's foreign trade in F&B increased by 16%
500 million tweets posted daily, 350,000 tweets posted each minute
The secondary market activity sees a surge in European investors
The 2nd G20 FMCBG meeting discussed the latest global developments
Performance supported by Expo 2020, returning international visitors
The deal is valued at 495 million dirhams
Played a leading role in the IPO of Dubai Electricity and Water Authority
Q1 sees rising demand for office space
GDMO launches a documentary on “the epic”
HBMSU, global partners, bring best of breed e-learning capabilities
It anticipates a global loss of two million paid memberships in the Q2 of 2022.
The majority of Saudi agree that multi-cloud is ideal
Bonds valued at 1.5 billion dirhams
An average of $110 per barrel of oil is expected in the second quarter of 2022
Lowered global economic growth to 3.6% for 2022 and 2023, down from 6% in 2021
Bahrain confirms firm's talks to buy Italian football giant for $1.1 billion
The new program to support SMEs through providing trade finance facilities
Sustainable investments will not contribute to cash flow over next 5 years
Higher demand from residents, bigger flows from outside buyers
Empower IPO to be announced soon; not during current quarter
Temporary higher taxes on excess profits could be envisaged.
S&P's: Le Pen's presidency threatens prospects for French banks
Non-oil contribution to GDP reaches 72.3 percent in 2021
Country enhancing position as ideal destination to live, work and invest
Around 1,998 real estate transactions conducted
“S&P”: Oil prices, interest rates, pave the way for banks’ recovery, lower NPLs
New committee will oversee the Expo 2020 site after relaunch as District 2020
Al Daayan Health District reflects the future of innovative medical care
The company completed the purchase of Scientific Design
The plan prevents Elon Musk from buying a majority of Twitter shares
The Spring Meetings examine the global economic impact of war and food security concerns
Startups are the most agile and therefore best positioned for quick shifts
The move will protect the Summit's trademark
The country's present focus is on the local wheat crop
The financial institution downgraded its growth outlooks for 143 economies
This comes ahead of negotiations for an IMF bailout
Three factors determine actual impact of any new Corona variable
"The offer is not close to the real price of Twitter"
The decision is due to the instability in global markets and economies
SAMA reserves to rebound above $500 billion in 2022-2023
SHAREit connects users to cryptocurrency wallets in the ME
Investors consider Gulf markets attractive, shy away from European ones
The number shot up by more than 400 percent in February
With further expansion plans set for Jordan, Egypt, Oman, Bahrain and Qatar
GAC approves 88 percent of applications in Q1
The crisis will reduce global GDP growth to 2.8 percent
Down 480,000 bpd from its previous forecast
25 percent of investable assets in the UAE is to be allocated to crypto
In recognition of the ongoing efforts to promote innovation in postal operations
Salik, TECOM, Empower IPOs part of Dubai's support for financial sector
UN: War likely to increase debt distress and hunger in developing countries
Stake acquisition of the Commercial International Bank for $911.4 million
Egypt, Saudi collaborate to invest in Saudi's fintech sector
Performance linked to the Expo 2020, relaxed pandemic measures
Inflation rose to 12.1 percent in March
eLydian Lion will be run from Investcorp's Abu Dhabi office
IPI grew by 22.3 percent in February
The dollar reached its highest level in two years... and oil prices fell back to below $100
DEWA shares trading approached 410 million dirhams
Residential lease deals amounted to more than 139 thousand contracts
For every increase of 100 basis points, Banks' net income to increase by 13%
The joint venture will address needs of growing aviation sector in Saudi
It received 29.1 million passengers in 2021, over 3 million more than 2020
Dubai’s real estate market to ramp up going forward
Binance will provide its services in the Middle East and North Africa region
The number of international tourist arrivals has more than doubled
Strategy to attract the best minds and companies globally to Dubai
Mohammed Bin Rashid: Future is promising, and the best is yet to come
What are some of the most important measures?
Acquisition marks GMG’s first entry into food retailing
Contracts industry rose to 78 percent in 2021
World Food Program: War pushing MENA into starvation
S&P Global Saudi PMI rose to 56.8 in March
93 homes worth more than $10 million were sold
$300 million to support the UN humanitarian program in Yemen
Committee on Open Markets expected to agree to reduce balance sheet at May 3 meeting
The high demand underlines the strength of Dubai's economy
Summit lays the groundwork for responsible, sustainable future economies
$40 million to invest in Saudi technology startups
Iraq imports up to 80 percent of its goods from outside the country
The emirate’s economy recovered from the pandemic’s repercussions
Two or three government companies will be launched in the H2, 2022
Gulf countries support Egypt with 22 billion dollars
The deal is worth $158 million
Mastercard to connect 25 million women to digital economy by 2025
Since 2017, Saudi added 37,000 telecommunication towers
Citi Continues to Invest in Bahrain and Support Institutional Clients
Marketing strategies organized weeks and months ahead
"The quality of Qatari banks' assets will remain flexible"
Scaleups raised $5.4 billion
Twitter shares soar more than 26 percent
The strategy supports UAE’s industrial development, economic diversification
73.5 percent of the private companies established new business partnerships
Contract is valued at $900 million
An inversion of the yield curve points to potential recession the next two years
Oil production in the Sultanate to reach 1.040 million bpd in 2022
GCC Trading activity at its highest reaching $88.8 billion
AED 22.3 billion total expected
Egypt tops African countries in VC transactions
}ompanies specializing in financial technology increased significantly
Economic sectors account for 52 percent of discussions
An internal group-wide effort will drive a more productive work culture
3 million users connected to the comapny's Wi-Fi network
Governments and private sectors reduce working hours
Finance Ministry to repay loans exceeding 2.85 bn riyals at end April
In line with Vision 2030, we are currently witnessing a massive transformation within the Kingdom
Grand Finale... Record number of visitors and biggest deals
"During the Expo, the UAE showed the world a different image of creativity"
OPEC said the increase in prices was driven by geopolitical tensions
The rail freight supports the industrial and logistics sector in Dubai
Agreements aim to promote entrepreneurship in various fields
Agreements reflect Dussur’s appetite to invest in Saudi industrial sector
$90 billion in revenues, the highest ever
SAMA reaffirmed commitment to support finance and payments sectors
Shareholders to receive 608 pence in cash per share
Dubai Crown Prince meets with ”Forbes 30 under 30”
Decision based on strong investor demand, oversubscription across all tranches
The UAE is aiming to attract new forms of business
Egypt announced it had requested assistance from the IMF
Spending valued at 93 billion riyals by 2025
Oil prices rise again after two days of decline
Several programs were signed, initiatives launched and agreements
Al Gergawi: The summit seeks to highlight opportunities, reveal future challenges
Strategy partly aims to raise inbound tourism spending to 2 billion Dinars
The S&P GCC equity market records largest gains since 2008
Egypt is facing new financial pressures related to the war in Ukraine
Mastercard’s data, analytics, provide insights and intelligence
"We have one mission in OPEC + and that is to stabilize the market"
Achieving growth in new economies, developing solutions to challenges
Investing in hydrocarbons ensures smooth global energy transition
The conference continued under the slogan "We Reinvent, We Renew"
The current circumstances require new ideas
100 innovative ideas, business opportunities across the world
Saudi Ministry of Investment grants 4 licenses to start-ups, one VC fund
The virtual trade corridor will simplify and facilitate cross-border trade
Al-Mazrouei: “We will not leave OPEC+, or do something unilateral”
The region's net consumer confidence increasing 0.7 percent
Solidarity shown with Europe by dispensing with lucrative gas contracts
The number of hotel rooms increased sixfold
SMEs represent 94% of the total number of companies
Final price of "DEWA" on April 6 and start of trade April 12
Middle East stocks will attract $82 billion in investments
The sector is expected to grow by about 20% in 2022
Price range between 2.25 and 2.48 dirhams per share
The IMF praised "authorities' recent actions to expand targeted social protection
Fund will invest in companies developing new tech or improving existing ones
Confirmation of food reserves for at least six months
The Partners will supply, purchase, and trade carbon credits
A central role for PIF and an active year for UAE IPOs
Increase in sales, decline in productivity
The measure aims to deal with the repercussions of the Russian-Ukrainian crisis
The world awaits the “OPEC” meeting on March 31
Egypt’s Central Bank Governor: Maintain FX liquidity, investor confidence
Souq Al Mal to implement ambitious growth plan over 2 years
The Central Bank raises interest rates for the first time since 2017
The Central Bank of Egypt is expected to raise interest rates
The summit is set to attract 550 billion AED in foreign investments
It announced cash dividends of 70.3 billion riyals
S&P: Qatar can compensate Europe for 13 percent of Russian gas supplies
The law is yet to be published in the official gazette
Earned wage access is a technology born of these digital times we live in
Egypt among the countries boasting the world's largest smart cities
The US Reserve rate increase among many expected this year and next
World Bank urges governments to remove barriers to transformation
The agreements aim to provide services for cementing services
Budget surplus forecast as oil global prices soar
It signaled seven rate hikes for this year to bring inflation under control
One piece of misinformation dents years of nonstop law-abiding practices
More than 200 participants from over 30 countries will convene at NYUAD
SEC completed the implementation of sector regulatory and financial reforms
The offer is to buy 22% of Mobily Shares at 47 riyals per share
Sanctions driving central banks and investors to reassess the dollar
Project is an investment worth about $11 billion
A 6.5 percent share of the company is on offer
This is attributed to the 4.3% increase in transportation prices
An integrated financial institution towards achieving "Vision 2030"
Embedded finance is emerging as key to meeting customer expectations
The SPAC will be merging with tech-based financial services businesses
Inflationary pressures were already expected
UAE leading reform in the region and globally. Saudi advancing vision 2030
Global central banks unveil their monetary policies this week
Ransomware does not discriminate against who it targets
Best monthly performance for Saudi Tadawul and ADX
Gulf countries enacted legislation to remove obstacles that held women back
Bloomberg: The largest IPO in Saudi Arabia since Aramco
ECB left the option of raising interest open before the end of the year
"Goldman" warns the US economy could be in a recession next year
JP Morgan: There is a likely need to depreciate the pound
$ 217.5 billion in sector assets at end 2021, or 6.5 times the GDP
The UAE believes in the value that OPEC + brings to the oil market
22 localization and capacity building agreements were announced
The company still plans to list in April
Digital banks will be subject to all supervision and control requirements
The future belongs to whoever designs it
Omicron has had only a minor impact on the economy
Progress made on Dubai Waste Management Centre at Warsan
Banks are likely to keep reserves much larger than risk portfolios require
$23 billion is expected to be spent on the sector in the UAE
. Transactions from non-Gulf foreigners jumped by 180 percent
Event to highlight the contributions of women and girls around the world
Long-term bonds part of credit facility
Net profit amounted to 587.7 million riyals ($156.64 million) at the end of 2021
City located in the Irqah neighborhood, in a 3.4 km2 area
Saudi Arabia expects the first surplus in 8 years
Economic activity to accelerate in 2022 prompted by high and rising oil prices
The project provides more than 10,000 job opportunities
ًinning the award is an incentive to continue on the path of excellence
Those with the most space miles traveled could command humanity
Production and oil and gas prices contributed to strengthening the budget figures
The price of a barrel of Kuwaiti oil reached about $113
Anticipation of an economic contribution reaching $186.6 million
New incentives and packages designed to boost the e-commerce industry
The "National Railways Program" is an investment valued AED 50 billion
Non-oil sector constituted 88% of the total increase in actual revenues
Issues at stake ranging from delivery delays to safety concerns
Dubai Ruler: independence from oil reaching sustainable levels
Slogan: A Journey of Success from Beirut to Dubai (2000-2022)
A mega IPO-filled 2021 is encouraging large companies to sell shares
Aramco announces in March its top financial results for 2021
The financing carried a total value of AED 1.99 billion
Unwavering dedication to serve customers, shareholders, investors, partners
SMEs among the most important drivers of economic growth
Sustainability in the Aramco hierarchy of priorities
Dedicated office and expanded regional headcount to drive growth
The computer-simulated reality on the metaverse carries risks
The museum is an engineering marvel
The sultanate also shows its prowess in bus manufacturing
STC net profit increased by 316 million riyals from the previous year
The IMF welcomes financial sector’s resilience and ongoing reforms
Strategic partnership entered with Streamax Tech, GBS solutions
Tabet: We expect 3.2% growth in the Arab world in 2022
Net foreign investment reached AED15 billion, the highest ever
The corporate tax on profits will replace several fees businesses currently pay
It’s the second such increase since 2019
Dozens of state entities to list shares, raise liquidity
This year, the deficit is expected to reach 5% of GDP
Expectations to raise non-oil infrastructure trade to more than $100 billion
Off-to-the races as ‘Corsa più bella del mondo’ navigates across 4 emirates
The airline has a global network of over 120 cities
Two Abu Dhabi state funds and 2 private sector investors in the running
BNPL is framed as an interest-free alternative to credit card payments
UAE climbs five places in UN's Competitive Industrial Performance Index
Awards part of strategy to boost crude oil production capacity to 5 million bpd
Arab financial markets witnessing a period of robust performance
Next could be the fastest rate of price increases since the 1980s
The number of Saudis in the labor market reached over 1.9 million
The Saudi mining sector in 2021 reached 83 billion riyals ($22.41 billion)
76% of Arab central banks considering issuing digital currencies
S&P Global economists expect the Fed to raise rates six times this year
US bond yields exceed 2% and oil is at a 7-year high
Saudi expects an inflation rate of 1.3% in 2022, and 2% in 2023 and 2024
PIF’s ranking rose to sixth in the world, having compiled assets worth $580 billion
The worst performance of tech stocks since 2008 just took place
30% of poll participants see property sector as most likely to capitalize on NFTs
Saudi is one of the world’s fastest-growing countries in manufacturing
MENA, GCC business aviation, and hospitality rebound despite global struggles
Total amount of mortgaged properties for the week was AED 2.41 billion
Transfer part of Saudi's long-term strategy to restructure its economy
Prosperity7 was designed for the development of next-generation technologies
The AAA gaming studio will form an integral part of the NEOM Media Hub
Doha expects its economy to grow between 1.6 and 2.9 percent
UAE enters the next 50 by being at the forefront of global economies
Expats in Gulf states usually had renewable visas valid only when employed
The IPO is the premiere listing of Egyptian cosmeceutical players
UNCTAD: Global FDI flows surged 77% in 2021
Saudi "Tadawul" and Qatar Stock Exchange best performers
The fund's assets increased to $412 billion in 2020 from $152 billion in 2015
Both parties will jointly study economic areas such as investments in AI
Investors on ADX can now own a highly diversified global trade enabler
Fitch: Even without a debt law, the government meets its financing obligations
Most Arab central banks hesitant about regulating cryptocurrency markets
In 2015, 20 SPACs raised $3.9 billion in funds globally
Global, regional, local audiences witnessed Saudi’s digital transformation
Al Saidi to “Economy Middle East”: It will boost tax revenues, transparency
It was the second hydrocarbons finding ADNOC revealed
Saudi raised its natural gas production by 30% over the last 10 years
Production of Saudi and Russia rises to 10.331 million barrels per day
A study looks at how effective is UAE's new shorter working week
Two-member judging panel to select the semi-finalists
OPEC+ refuses to be bound by faster increases in crude production
Total Sukuk issuances would range between $145-150 billion in 2022
AI, Blockchain, Fintech, Metaverse & quantum computing expertise offered
Expect a slight increase in global demand for natural gas in 2022
Riyadh Metro was a headline grabber before its upcoming launch
Regional fintech companies are preparing to launch GCC Open Banking services
The agreement consolidates efforts to host Investopia summit
Collectibles only the first round, bigger market boom lies in wait
Agency predicts rate hikes from central banks in union
Grayscale estimates the global market for goods and services in the metaverse to be worth $1 trillion
A COVID-19 vaccine and booster scandal brewing
Technology ensures invulnerable data security
The project will add SAR47 bln to the Kingdom's economy by 2030
ADNOC, TAQA partner to curb carbon emissions
Higher oil production to boost overall GCC economic growth in 2021
CMA approves listing of over 70M shares from several companies
Stabilizing inflation among institution's main goals
ECB still buying govt bonds, corporate securities
Dubai World Trade Center signs cooperation pact with crypto giant
Egypt eyes increased oil and gas output
Bahrain grants Binance preliminary approval
The emirate aims at having a carbon-neutral economy by 2050
Region faces balancing act between COVID-19 battle and economic growth
Network imperiled by shortage of funds, fuel
Equity markets outlook bullish after spectacular 2021
How will an energy crunch impact the shift to renewables?
Kingdom effects legislative renaissance supporting economy, global positioning
Updates boost Emirates attractiveness as investment hub
Digital asset management, a key to future prosperity
Portrayal as villains in film taints image of technology
Western double standards risk reducing production levels
Lofty Mercedes-Benz Café offers luxury, comfort
Dubai economic recovery, strong preventive measures attracted visitors
Dubai saves AED1,3B and 14M working hours with new policy
New technology boosts network capacity and speeds
Botox and fillers used to enhance camels' looks in a bid to win $66.6 mln
Rolls Royce says it will manufacture 3 Boat Tail models only
Cooperation strengthens maritime transport, trade ties
New tech cuts cost per bit, ups capacity per wavelength for Telecom Egypt
Mubadala strengthens its partnership with Chimera Capital
The world shares a common destiny, says Badr Al Olama
UNIDO, GMIS & Lloyd’s Register Foundation partner to promote industrial safety
UK market's fears subdued by 3-shot Omicron vaccine's success
Stronger real estate sales lift Emaar revenue
ACI: Investments to develop airports worldwide expected at $2.4 trillion by 2040
Saudi's SISCO strengthens its logistics plans via new acquisition
The acquired US logistics assets are leased by FedEx and General Mills
New partnership to boost industrial investment flows to the UAE
GCC investors eye UK's real estate sector
Region
MoF launches Digital Service Guide to facilitate access to all services
Exclusives
Bahrain
BHB listed BD 150 million worth of government bonds
The money supply increased in March by 4.22 percent
Emirates NBD: The hydrocarbon sector to boost current account, budget balances
Egypt
Plastics, CO2, recycling high on projects’ agenda
Inflation expected to reach 17% in August
Cairo launches today the National Climate Change Strategy 2050
Kuwait
Wheat imported into Kuwait is noted for low moisture content
“S&P”: Oil prices, interest rates, pave the way for banks’ recovery, lower NPLs
Shareholders to receive 608 pence in cash per share
MENA
This is despite global price pressures
Fares to jump to 7,110 dirhams on November 20
Oman
The bank calls on its clients to use the QR code scanning option
OQ invites banks to pitch for gas pipeline network IPO
The number shot up by more than 400 percent in February
Qatar
"We are very proud of the development, reform, and progress we made so far"
Users can now link their bank accounts to their CoinMENA wallets
It succeeded, in under 6 months, in completing merger procedures
Saudi Arabia
Saudi Energy Minister: World must appreciate value of the alliance
The list includes Lebanon and Turkey
UAE
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
Worldwide
Japan, the US, Spain, France, and Germany are at the top of the list
While the outbreak is unusual, it remains “containable”, says WHO
Jerome Powell was sworn in for his second term