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UAE's economic growth is projected at 3.3 percent in 2024, driven by 4.1 percent non-oil sector growth
Bahrain’s Prince Salman congratulated UAE President on 53rd National Day
ValuStrat Price Index showed consistent performance at 96.6 points with minimal annual variation
Non-oil trade between the two countries exceeded $7.5 billion in 2023
The 10 routes will complement Etihad Airways' previously revealed new destinations for 2025 including Prague, Warsaw, and Al Alamein
Revenue for the quarter rose 6 percent YoY to $1.86 billion
In 2024, the projected revenue for the GCC region's travel market is estimated to be $8.08 billion
This prominence is due to the country's successful economic diversification and reduced reliance on oil
Non-oil trade between the two countries reached AED51 billion last year, up from AED48.7 billion in 2022
After having created the leading K-12 operator in Egypt, EFG Hermes aims to replicate its success story in the Saudi market
In terms of the type of traded property, there were 693 transactions for lands, 450 for units sold in towers and 272 for built-in land transactions
Brent oil price will average $75 per barrel in the fourth quarter of 2024 and over 2025-2027, which will be helpful for most GCC countries
Carrier currently operates 31 weekly flights between Dubai and Bahrain and continues to see strong demand on the route
Real estate sector plays an essential part in the region’s ambitious yet imperative economic diversification journey
Company has notably teamed-up with major names like UAE Artificial Intelligence Office and FAB
Adjusted EBITDA up 8.8 percent YoY with an industry-leading EBITDA margin of 18.3 percent
29.1 million shares of Al Ansari were traded for AED28.5 million at AED0.97 each
Emirates is the world’s largest Airbus A380 operator and is currently undertaking the industry's largest known in-house $4 billion retrofit program
Outlook for the GCC IPO market remains positive with a healthy IPO pipeline of companies from a diverse range of sectors
This indicates a 26 percent rise in international visitors compared to the same timeframe in 2023
Growth momentum is expected to strengthen from 2026, supported by the North Field Expansion (NFE) LNG project
The group is currently cutting 5.86 million barrels per day of output, equal to about 5.7 percent of global demand
UAE stood out with 31.33 million barrels, while Saudi contributed 27.98 million barrels
Highlighting the need for investment, development support, and strong legal frameworks to attract international investors
