Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

ADDED launches program to improve SMEs’ access to financial services

Abu Dhabi, UAE -- The Abu Dhabi Department of Economic Development (ADDED) has launched a program to improve the access...

Free online registration opened for 7th Middle East Hospitality Excellence Awards 2021

Arabian Ranches Golf Club venue partner for the outdoor award ceremony

Egypt to bank on $500 million Gaza rebuilding aid to shore up its clout

Egypt will use $500 million rebuilding aid for Gaza as a method of reestablishing its ties with countries it shunned...

Dubai’s weeklong real estate transactions valued at $2.9 billion

Dubai Land Department (DLD) records a total of 2,069 real estate and property transactions with a gross value of $2.9billion...

CEOs pledge support to world leaders for net-zero efforts

Alain Bejjani, CEO Majid Al Futtaim, among 79 signatories of open letter to world leaders

Fund launched in Lebanon to boost women’s participation in Beirut port blast recovery

The Women’s Peace and Humanitarian Fund, UN will fund 6 Lebanese women's organizations  Gender assessment of Beirut Port Explosion reveals...

Aramco hires Morgan Stanley as lead adviser to sell gas pipeline stake

 Aramco's $12.4 billion oil pipeline deal could be template for hiring Company also plans to spend about $35 billion on...

Erem Media’s use of iZooto reduces dependency on Google

iZooto replaces Google search as number 1 source of traffic for Erem Media Group 

S&P assigns ‘AA-’ issuer rating to Emirates Development Bank with ‘stable’ outlook

EDB has also been assigned a “gcAAA” long-term GCC regional-scale rating

RTA eyes futuristic suspended transport network in Dubai

The use of this type of transport in Dubai is aimed at accelerating the mobility of people, ease congestion

Golden opportunity to buy gold

The increased demand for physical gold is projected to push up the price of shiny metal within the next six...

Villa, Maldini visit Jeddah to promote FIFA Club World Cup 2023

Jeddah, Saudi Arabia -- Football stars David Villa and Paolo Maldini visited Jeddah today to promote the 2023 FIFA Club...

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Lebanon central bank declines to address nation’s deficit through lending

Beirut, Lebanon -- Acting Lebanese Central Bank Governor Wassim Mansouri has said the bank will not be providing government lending...

Mawani and Rotterdam Port partner to develop smart ports

Jeddah, Saudi Arabia-- The Saudi Ports Authority (Mawani) has reached a partnership deal with Port of Rotterdam to collaborate in...

Saudi industry ministry and German firms to develop human resources

Berlin, Germany -- A delegation of Saudi Ministry of Industry and Mineral Resources, which visited Germany, discussed enhancing cooperation to...

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Most expensive American falcon sold for $146,000 at Saudi auction

Riyadh, Saudi Arabia -- An American pure ultra-white falcon cherrug sold for SAR550,00 ($146,000) at the third edition of the...
  • The most expensive falcon, known locally as a Hur, belongs to the American MGE farm. It measures 18 inches in length and 18.5 inches in width and weighs 1.4kg.
  • The bidding for the falcon started at SAR200,000 before being sold for SAR550,000 ($146,000).

HR ministry and Bayt.com sign MoU to boost talent retention in UAE

Abu Dhabi, UAE -- The Ministry of Human Resources and Emiratization (MoHRE) of the UAE and job search and recruitment...
  • The MoU was signed by Khalil Al Khoori, Undersecretary of MoHRE for Human Resources Affairs, and Rabea Ataya, CEO of Bayt.com.
  • The UAE was ranked second globally across five indices within the World Competitiveness Yearbook 2022 such as the percentage of expatriate workforce.

Vietnam’s VNG files for US IPO

VNG operates music streaming, mobile payment and online games.
  • Its Zalo is one of the most popular messaging platforms in the country, with 75 million monthly active users.
  • VNG plans to sell nearly 22 million shares in the IPO, according to a US Securities and Exchange Commission filing, with the proposed price range not yet set.