Sector
Emirati telecoms provider is Vodafone's largest shareholder
Exclusives
Emirati telecoms provider is Vodafone's largest shareholder
In the UAE, the healthcare sector is among the fastest growing
Abu Dhabi ranks #1 globally for traffic fluidity
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
Based on flexibility and sustainability
Fist ABu Dhabi Bank coordinated the transaction as a sustainability agent
To provide steel for the automotive sector
Diversification is a strategic move that can help us develop and expand
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
State of anticipation EU and G7 decisions
Despite the global economic slowdown and uncertainty worldwide
The contract is worth $207 million per year
Ahead of the country’s 51st National Day
For 5 decades, growing hand in hand with the nation
FIFA, soccer, and fans are big winners
Dubai is consistently the highest-ranked financial centre in MEASA
DEWA is studying a proposal for building a hydrogen fueling station in Dubai
2 out of 5 North African mega investments in 2022 went to Maghreb region
Deliveries will start in 2026
The first private sector IPO on the DFM since 2014
Construction industry responsible for almost 40% of global carbon emissions
New project to contribute SAR27 bn riyals annually to non-oil GDP
Plans to increase its production capacity to 5 million b/d by 2027
A bid to mitigate the devastating effects of climate change on the Delta
The first cargo is currently being shipped aboard the Pacific Sarah tanker
Plan seeks to preserve the nature of areas including Lahbab and Margham
Insurance companies are competing to remain relevant
EU remains divided over Russia's oil price cap
"Azizi" plans to spend $15 bn on building projects
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
The first event to assess Paris Agreement commitments
ACCA reaffirmed its commitment to Certificates in Sustainable Finance
Plan will serve as a core driver to improve employee engagement
G7 expected to announce today ceiling level of Russian oil prices
Driven by rising business confidence
By unveiling a new cloud-based platform
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
With Middle East leading the charge by pipeline growth
Talking with results is key
Project expected to start in 2023 and be completed by 2026
“The project sets global benchmarks in clean energy production”
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
The company's market value will reach AED 13.3 bn
To finance, facilitate transition to clean energy
To 2.5 million barrels per day
On high energy prices
The offering is set to raise as much as $1.8 bn
UAE also launched national net zero pathway by 2050
Kingdom to produce 9 million tons of phosphate fertilizers annually
Kingdom plans to submit soon ten new renewable energy projects
Shuaa Capital, GCICO were able to return to profitability
By raising capital and purchasing shares from main owners
This is the world's highest level of anxiety registered by far
Egypt consumes 20 million tons of wheat annually
Company's 9-month profits are close to last year's full returns
"The energy sector is the most vulnerable to cyber-attacks"
Expected to be reduced after reaching agreement with IMF
IPO proceeds will be used to fund the development of 4 new premium schools
Estimated reserves are not yet clear
Train network will connect "Ain Sukhna, Alexandria, El Alamein, and Matrouh
6.7 billion riyals of the company's profits in 9 months
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"
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
The world still relies on fossil fuels for 83% of its energy
New project using Egyptian engineers and state-of-the-art technology
Assets of Ooredoo's Abraaj estimated to be worth between $3 and $5 bn
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
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
The transition to renewables will 'take longer than expected'
"IIF: UAE is largest recipient of FDI in region
Methane is solely responsible for 30% of global warming.
Creating world’s largest independent feeder carrier
Up from a loss of SAR 27 mn in Q3 2021
New measures went into effect as of Nov. 1
Summit will cover a wide range of climate mitigation and adaptation topics
Move will support the firm in its expansion plans across ME
OGCI has supported the development of multiple low-carbon hubs
Rishi Sunak reverses decision to skip climate talks
Turkey remained the largest reported gold buyer in 2022
After strong investor demand and oversubscription
To produce 100 gigatonnes of clean energy by 2035
With additional exclusive benefits, savings for Prime members in the UAE
Company will list its ordinary shares for trading on DFM
Bayanat is first company to list under the tech sector on ADX
The Federal Reserve's future policy has weighed heavily on the markets
"OPEC+ will continue to to work on balancing supply, demand"
Stella Stays putting rental power in the hands of its residents
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
Fundraising allow investors to invest in exchange for equity/ownership
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
Driven by strong stock performance
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"
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
Projects planned or under implementation estimated at $2.65 trillion in June
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
Company's total global VLCC deal value hits AED 900 mn in 4 months
Forcing producers to pay to unload it
New platform will simplify the property ownership journey
Fund will hold 80% stake in 500-million-riyal company, 20% for Tadawul
"The world is experiencing the first truly global energy crisis"
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
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
Hamburg is hoping to become a hydrogen hub
Saudi, China agree to strengthen energy cooperation
The emirate saw the world’s biggest climb in prime property prices in 2021
Growth driven by a 7.3% increase in mining and quarrying activity
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
Investment is set to be operational in early 2024
In contrast to the relatively low global average of only 5.5 out of 10
Price guidance set at 105 basis points over Treasuries for the Sukuk
More than 50% of Dubai’s total traded volume
"The pace of the Egyptian pound's decline has already begun"
"The issue is going to be replenishing the reserves, or storage, for next year"
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
Given their access to cost-efficient renewables
"OPEC+'s recent decision was taken unanimously, based on a vote"
A healthy set of teeth is arguably one of the most versatile tools we own
Will Netflix's results today rescue tech stocks from a recession?
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
Is the metaverse, the next frictionless frontier for Mastercard customers
Company will acquire 20% stake in GLI when financial completion achieved
"Oil price volatility means that no investments are being made"
Sales included 373 villas and apartments
SMEs account for more than 95% of all businesses in the country
In tandem with the rise in global oil prices
stc into fintech, IoT, AI, data, connectivity, 5G, e-gaming and all what matters
WETEX, Dubai Solar, anchor UAE’s image as green tech leader
With the participation of dozen global ministers
Foreign Ministry: "Statements are not based on facts"
Global e-bike sales could reach $40 to $120 bn by 2030
We are in the midst of a planetary emergency
Sudan's gold sales revenues at $1.315 bln during that period
Pressures on GCC's chemical companies are similar to rest of the world
Fed expects to raise interest rates by another 125 basis points this year
Dividend will be paid to the Company’s eligible shareholders in October 2022
Amos Hochstein's efforts could lead to a historic agreement
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
Firm held initial meetings with investors to raise interest
To boost ADNOC's offshore operations
Stock futures include Borouge, AD Ports
Dubai beats UK, MENA in terms of internet download speed
Where wellness takers center stage
Project valued at 1 billion Egyptian pounds
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
Bank lately acquired 97% of Bahrain's Ahli United Bank shares
Musk agreed to pay price he initially offered before trying to quit deal
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"
Egypt already getting clean energy ready
To grow its utilities portfolio
US dollar achieved its best weekly and monthly performance since April
Project will create new investment opportunities in key sectors
A billion-dollar investment
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
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
Credit Suisse tries reassuring investors as financial fears rise
DAMAC Properties targets monthly online-only sales of $150 mn by mid-2023
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
The exhibition will explore the latest laboratory technology and innovation
"Event showcases UAE’s achievements in renewable, clean energy sector"
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
CBE decided lately to keep key interest rates unchanged
Medical tourism industry generated AED 12.1 bn in 2018
Prices of food, groceries to drop by 20%
By mid 2024
Ether rose 4 percent to a one-week high of $1,389
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
Investors worried about interest and inflation are affected by growing fears of a recession
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
Manufacturers must navigate soaring costs, supply chain issues
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
More start-ups, institutional investors choosing to reside in region
Turkish lira fell to a record low of 18.42 per dollar
Driven by high oil prices, high interest rates, and new projects
By another half a point
New land masses, tourism, to spur further economic revival
Abolition of minimum contribution of UAE, GCC nationals also passed
Merchandise exports rose by 58.8% year on year
CBUAE also looking at improving consumer protection framework in the country
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
“Even if the conflict in Ukraine stopped today, the crisis would not end”
The qualified investor subscription period will expire tomorrow
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
Deal joins a series of other successful transactions
By selling existing shares, issuing new ones
Council also discussed enhancing current gas cylinders to advanced ones
It’s world’s largest investment forum dedicated to frontier emerging markets
Al-Suhaimi held for 20 years senior leadership financial positions in Saudi
IHC didn't disclose a value for the acquisition
Decision will have no effect on local plastic bag factories
Distinct opportunities for GCC banks as they progress along the maturity curve
Nothing available for consumers to buy in stores
Total sales amounted to AED 2.78 bn
A net-zero carbon community that will accommodate up to 100,000 people
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
Bank said it would focus initially on SMEs
Total purchase valued at AED 514 mn
Saudi, Libya lead the output increase
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
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
Consumer-electronics purchase behavior constantly changing
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
Freight charges rose by 1000%
To supply fuel required to generate electricity at the Hassyan power complex
Cumulative credit balance amounted to AED 718.1 bn in June
Transaction attracted $1.9 bn in orders from regional, international investors
Gains were notable in the realty, banking, and telecom sectors
Economic stagnation is not a condition for decline in oil demand
As part of the recently launched Investcorp Saudi Pre-IPO Growth Fund LP
Initiative has seen 46 fountains installed across the emirate since launch
"We are committed to carry out vision programs, broaden economic base"
The Qatar Central Bank was the largest buyer
As part of its preparations for COP 27
Truss plan costs £130 bn for 18 months
Russia’s response to capping oil prices is more shipping to Asia
Oil prices jumped more than 3 percent after the decision
Labor market data indicators raised expectations with a hardline FED approach
A buyer market means getting good deals
On interest income growth
The Dubai government will retain 80% following IPO
To promote digital transformation in the real-estate sector
Wall Street Journal: Russia opposes plans to cut production
Investments of banks in UAE rise by 4.3% on annual basis
Truss favorite to lead Conservative Party, run Downing Street, come Monday
It is the most expensive hospitality box in the competition
About 35 countries are experiencing a major food crisis
Scientists zooming in on specific proteins that help old minds stay young
20% for households, 50% for the industrial sector
Value of Arab stock exchanges rise to $4.49 tln
Saudi leads the way with 70.4% growth
The new pricing includes 5% value added tax
Basic materials sector recorded highest growth rate in total profits
Production to start in Q1 2026 in Mesaieed Industrial City
Musk also seeks to launch Starship to orbit
Goldman Sachs expects 75 basis points rise in interest rates
Oil demand demand faces great uncertainty
Largest capital increase for listed company in Saudi stock market
Announced contracts are largest of their kind in oil and gas
Through iPay mobile payment system
Demands to provide dollars to ensure tea imports
stc: "Today, we have reached 70% Saudisation rate"
Main catalyst for oil price improvement is Saudi Oil Minister’s comment
Gazprom will "completely" suspend its gas deliveries to France's Engie
Manufacturing, distribution to be hit hardest and costing $4.2 trn
Greater choices to serve end users from data centers in the UAE
The service is the first of its kind in the UAE
Concern about a global economic slowdown
Restaurant-to-home delivery industry will be a $500 bln market globally
DDE has traded 90 billion carats of polished diamonds since 2012
Step to contribute to the development of the fintech sector
Taaleem picked EFG-Hermes, Emirates NBD Bank to lead IPO
Beverage industry, electrical appliance production rose by 15.54%
“IMF approved 7th, 8th reviews of fund facility for Pakistan”
The standard European gas price has risen 550% in past 12 months
Deeds issued top over 15,000 titles
Drought, flooding make water crossings impossible to navigate
Amid continued economic recovery
In just 8 minutes, Powell caused a market downturn that wiped out about $78 billion
Adoption of green pathways is a gender-neutral responsibility
They are at risk of losing the confidence they built over decades
Investments of NHC in the Eastern Province exceed SAR20 bln
18% increase in share of Emirati female investors among Saxo Bank clients
“We will use our tools aggressively to attack inflation”
Residential property deals fall in major Saudi Arabian cities
The African continent needs billions in assistance for food security
Saudi's statements are supported by the UAE, Sudan
The US Mediator in Beirut next week
Saudi is one of Pakistan's largest donors
Center will serve Bedouin communities in South Sinai
Companies included Saudi Al-Fanar and UAE's Alcazar
Its length is 1,160,000 meters long
Profits slightly increased by 3.6% in Q2 2022
Qatar is evaluating investments in Pakistan’s main airports
Nuclear negotiations with Iran and their return to oil markets
The deal is expected to close in the next 6 months
Project spans over 1.5m sqm area, set to add 47,000 hotel rooms by 2030
Company to provide 350 world-class Jiu-Jitsu coaches across UAE
Al-Faris: Since 2020, OPEC+ successfully maintained oil market stability
Investment banking fees in MENA amounted to $806 mln in H1
Total interest income grew by 19.5% QoQ in Q2
Oil exports jumped to SAR 117.7 bln, up from SAR 60.6 bln in 2021
Driven by a steady economic recovery in retail, leisure sectors
Output cuts likely to coincide with Iran’s possible return to oil markets
Online payments surged 85%
Exceeding the 127 million dirhams invested
Funding will be used to support innovation in payment and shopping
Exports jumped 29% to $1.17bln in July
OPEC + will soon begin working on a new agreement for post-2022
There is an increased risk that the world economy will slow down
US Department of Agriculture expects production to fall to the lowest level since 2009-2010
Climbing by 17% compared to same period in 2021
Exploration contributes to energy security, additional gas supply to Europe
Trade exchange between two countries surged by $1.2 bn in Q1
Emaar will receive the total value of the selling price in cash
A volatile week on Wall Street with widespread drop in stocks at week’s end
The borrower may face a travel ban in the execution case
It surpassed the pandemic with no adverse effects on its financial balance sheets
As part of the country’s vision to adopt a circular carbon economy
10 bidders have been qualified to proceed to the next stage
Azour: "Critical to maintain fiscal discipline and momentum on reforms"
The beneficiaries should be members of accredited SME funds or programmes
IMF scheduled an Aug. 29 meeting to discuss country's loan
Project is valued at $23 billion
Third filling of Nile dam heightens Ethiopia-Egypt crisis
The move comes in response to customers’ suggestions and requirements
Group operating revenues grew by 28% Y-o-Y to EGP2.1 billion
Fears that the global economic slowdown will curb energy demand
Oil falls to a 6-month low on Tuesday
OBG: Range anxiety, digital security are main challenges
Mainstream market has seen annual growth in demand of 10.1%
Royal Swiss Auto offers vast range of EV care and maintenance services
Vaccine expected to be available to adults as a booster jab from the fall
Some hotels are not being able to access dedicated internal support
Market conditions are still favorable
Including 1.97 billion riyals in Russian energy companies
Supported by strong product demand
Summit reflects UAE's unlimited support for energy, climate change issues
Net profit increased to EGP 391.5 mn in Q2 2022
Its market value reached about $2.8 trillion in 2021
Reflecting strength of financial solvency, high liquidity
Production at several US offshore platforms in the Gulf of Mexico has resumed
$11 billion inflows into US stocks
Announced a dividend of $18.8 billion
Drop attributed to inclusion of results of discontinued operations
The shrew animal is thought to be responsible for spreading virus
More than $220 billion in loans can be linked to unfinished projects
Emaar to buy Dubai Creek Harbour from Dubai Holding for $2bn
Shops and malls will have to limit their use of strong lights
Ukraine ranks last in the list of top 10 wheat-producing countries globally
Poorer countries scream foul, and China out of climate negotiations
Busines addressing non-cash expenses, optimisation measures
Contract awarded by ADNOC Offshore to ADNOC Logistics & Services
This is due to war, inflation, and plans to contain Corona
Pakistan moving closer to the resumption of the IMF program
There is uncertainty about how quickly any new crop can be harvested
Fund to be used to strengthen Bayzat's technical development team
Deal in line with IHC’s long-term investment strategy in the clean energy sector
UAE’s growing energy demand boosted DEWA profits
"Deal in line with Egypt's plan to encourage FDI"
This is the second increase in discount rates in several weeks
Earnings before interest, tax depreciation amounted to $3.1 bn
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
Annual rent allowances amount to KD 169.8 million
A 34% increase compared to 2021
Goldman Sachs revised its oil price forecast to $110 a barrel
Driven by higher average selling prices
Salik is still planning to list its shares on Dubai Stock Exchange in September
H1 total revenue increased 121% to AED 21.93 bn
Colonization of the moon and interplanetary travel have began
By lowering greenhouse gas emissions by 40%
Project involve developing steam turbines at Al-Subiya power plant
Brent crude futures fell 74 cents, or 0.8%, to $94.18 per barrel
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
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
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
41% of regional investors wanted to implement effective ESG policy
Saudi Crown Prince visit to Sultanate saw signing of 13 agreements
Regulations to manage risks related to money laundering
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
Central Bank offered purchase price of US dollar against EGP 19.01
The UAE is the most affected
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
OPEC Sec Gen: Russia's presence in alliance key to agreement success
AUB delivered outstanding performance and strong financial results
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?
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
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
They benefited from rising oil and gas prices
For failing to comply with due diligence and reporting procedures
On Wednesday, Bitcoin increased nearly 9% to $22,792.02
An increase of 31 percent
For promoting sustainable development, community living in the UAE
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
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?
Partnership to boost industrial manufacturing value to $112.5 bn
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
$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
The platform aims to provide a highly personalized shopping experience
"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
Country requests bids for waste-to-energy project
Nearly 600 keys are expected to be delivered by the end of this year
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%
Test if you have any infections. You really need to resolve this before getting started
Global electricity demand is expected to rise by 2.4% in 2022
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
Millions to be displaced as rising waters reclaim heavily populated lands
“By 2035, CO₂ emissions in the UAE will be reduced by 24,000 mt”
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
Saudi Foreign Minister Prince Faisal bin Farhan on official visit to Japan
Turkish economy had long benefited from a stronger euro than the dollar
Sheikh Mohamed bin Zayed visits the French National Army Museum
Pound reached a low of 18.91 pounds against the dollar
Company's shares trading at $1.03 shortly after market opens
Yield curve inversion gap biggest since 2000 pointing at recession
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
It seeks to transform the Kingdom into a global hub for air travel
The bank announced preliminary unaudited financial results for H1 2022
The transaction follows successful advisory transactions in the GCC, Egypt
houza aims to lower listing fees for agencies
Prices of diesel supplied to the food and electricity industries were fixed
UAE, France are expected to launch a business and investors club
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
Twitter said it was confident the company would win the case
One of the main challenges is failure to implement law 431
The takeover deal is in "serious jeopardy"
Nasdaq welcomed listing carbon-neutrality-themed bonds valued at $2.68 bn
Oman was affected by the depression's peak impact
Flavors, colorings, luring youth
IIF: Continued volatility in stock markets hurt expectations
Dubai's luxury real estate market maintained upward growth
A deal that ranks among the banking sector’s biggest this year
Last week, Egypt bought the most wheat in at least a decade
War and oil will be reflected in banks in both rich and poor countries
Citizens looking for alternatives to power cuts boost the solar power market
Russia stops shipping Kazakh oil, which raises prices again
KFC has been dominating Egypt’s market for many decades now
He participated in an energy conference in Nigeria yesterday
July important part of the year, sees the start of harvesting crops
Agreement to increase international investor access to the UAE’s market
Several factors led to this decline
Shares were active during the first minutes of trading
First $500 million will be paid in cash
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
Its Biomolecular Restoration program takes holistic to new levels
The project aims to increase foreign trade to AED2 tn in five years
Avoid any policy discussions in September
It Increased cash withdrawals from ATMs of other banks to 4,000 EGP
Transporters need to submit advance cargo information under Phase II
Coal power plants in France, Austria, Germany, the Netherlands get ready
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
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
Macron tells Biden that UAE, Saudi can barely raise oil output
Stock markets gain for first time in a month, oil prices fall below $110
Offer marks highest oversubscription multiple for listings on the DFM
Grace period on $100 Interest payment has expired
Saudi's vital sector is estimated to have a yearly worth of $2 bn
