UAE owns 40% of aircraft fleet in Arab region, says ACAO official
Dubai, UAE -- The United Arab Emirates (UAE) holds nearly 40 percent of the aircraft fleet in the Arab region,...
Business
SAMA, Central Bank of China sign $7bn currency swap agreement
Riyadh, Saudi Arabia -- The Saudi Central Bank (SAMA) has signed a three-year currency swap agreement with the Central Bank...
Business
Emaar Properties sees sales jump 250% in Dubai
Emaar property sales this year $2.86 billion compared to $820 million in the same period last year The company, which...
Dubai SME to help entrepreneurs access competitive legal services
The Hamdan Innovation Incubator and the International Consultant Law Office have signed an MoU The pact aims to help SMEs...
Vodafone Qatar unveils enhanced IoT fleet management solution
Updated features enable businesses to optimise customer services, increase operational efficiencies and reduce costs
Turkish Airlines increases daily flights from Dubai
The airline launches a promotional campaign that will be available until June 18
KFH awarded Best Bank in Kuwait, in Middle East
EMEA awards recognize the financial performance, banking excellence and innovative products
Financial crimes: UAE, Bangladesh and Somalia to cooperate
The move is in line with international efforts to exchange financial information and expertise
Sharjah to protect, breed Arabian Peninsula wildlife
The emirate has explored the first nesting of olive Ridley sea turtles in the mangrove reserve of Kalba
Revonic launches deep analytics tool REXA in Qatar
eCommerce Experience Assessment (REXA) will help businesses to plot digital courses with confidence and achieve measurable results
UAE dine-in spending returns to pre-lockdown levels
Cafes, European and Middle Eastern outlets see most spending in the first quarter of 2021
Omani mediators in Sanaa as Yemen ceasefire talks intensify
Omani mediators appear to be convincing the Huthis to accept a ceasefire and take part in peace negotiations
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
UAE owns 40% of aircraft fleet in Arab region, says ACAO official
Dubai, UAE -- The United Arab Emirates (UAE) holds nearly 40 percent of the aircraft fleet in the Arab region,...
Business
Company News
Invictus plans $272m expansion
Business
Latest News
Arada H1 sales $1.15bn
Business
ACWA Power announces financial close on $2.4bn Saudi solar projects
Riyadh, Saudi Arabia -- A consortium of ACWA Power and subsidiaries of Saudi sovereign wealth fund, Public Investment Fund, and...
Business
NDF helps in financing of US$2.2bn renewable energy project
RIYADH, SAUDI ARABIA - The National Development Fund (NDF) on Sunday said it will contribute US$453 million (SAR1.7 billion) to...
Business
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Geostrategy
Japan prepares to hold foreign ministers meet with GCC nations in Sept
Tokyo, Japan -- Japan is preparing to hold a foreign ministers' meeting with the six member states of the Gulf...
- Japan relies on the six countries that make up the GCC -- Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates -- for over 90 percent of its crude oil.
- Foreign Minister Yoshimasa Hayashi is expected to attend the meeting, with visits to Egypt and Jordan also under consideration, Kyodo News said.
Arts & Culture
25 teams attending Afro-Arab Esports League 2023 in Saudi Arabia
Riyadh, Saudi Arabia -- The Afro-Arab Esports League, which opened Saturday in Saudi Arabia, will see participation from over 25...
- These teams will compete for three days in a variety of tournaments tailored for both men and women, covering popular games such as eFootball and Valorant.
- Prince Faisal bin Bandar bin Sultan said the arrangement of the Afro-Arab Esports League demonstrated of the sector's importance in both the Arab and African realms.
Business
Brazilian exports to Arab countries up 8% in seven months
Dubai, UAE -- The Arab Brazilian Chamber of Commerce (ABCC) recorded a surge of 8 percent in Brazilian exports to...
- Brazilian exports to the the kingdom totaled to $1.873 billion in the first seven months of 2023, while exports to exports to the United Arab Emirates amounted to $1.646 billion.
- Kuwait also witnessed an increase in the Brazilian exports, which amounted to $157.78 million during this period.