JABEEN signs contracts with Retal, Abyatna
The firms will build primary and secondary infrastructure works.
Business
International migration flows to OECD countries at record highs in 2022
Paris, UAE -- Permanent migration to OECD countries reached 6.1 million in 2022, a 26 percent increase compared with 2021,...
Geostrategy
Saudi Arabia ranks high on global environmental performance
The kingdom ranks 13th globally out of 167 countries on 'Satisfaction with Efforts to Preserve the Environment' indicator
Saudi Aramco meets investors ahead of first dollar Islamic bond sale
World's biggest company mandates Alinma Invest, Goldman Sachs, HSBC, J.P. Morgan for meetingsÂ
Tax payers in Saudi Arabia asked to file returns or face action
Withholding tax is deducted from the total income of a non-resident establishment in Saudi Arabia, in return for services it...
Smart robot enters service to sterilize Grand Holy Mosque in Mecca
They have a capacity of 23.8 liters of sterilizers with a consumption rate of 2 liters per hour to eliminate...
CEO of Saudi Electricity Company quits from top post
The company appointed vice president as its new head until further notice after Al Sudairi quit citing personal reasons
Saudi company using salt water to grow crops bags $10 million investment
A patented system of solar and growth monitoring technologies allows use of salt water for cooling greenhouses, irrigating crops
Emirates REIT rescinds voluntary consent solicitation
A majority of Sukuk holders voted in favor of solicitation but support fell short of the required 75 percent mark
UK pipeline specialist Stats boosts Qatar operations
Stats started its operations in Qatar, which has the world's third largest gas reserves, in 2011
Opontia raises $20m to acquire, grow MENA e-commerce brands
Opontia said it will use the funds to acquire exceptional e-commerce brands and to invest in a team of experienced...
Jubail island reveals the design of Spanish-inspired, Mediterranean-style villas
The company said with four distinct styles to choose from, the villas provide a range of unique designs to suit...
JABEEN signs contracts with Retal, Abyatna
The firms will build primary and secondary infrastructure works.
Business
Company News
Almarai profit rises 27% in H1
Business
Herald, SAIF Zone sign agreement
Business
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Vietnam’s VNG files for US IPO
VNG operates music streaming, mobile payment and online games.
Business
Iran-China trade down 11 percent to $8.5 bn in seven months
Tehran, Iran -- The trade exchanges between Iran and China in the first seven months of the current year reached...
Business
Russia’s goal is to end war West unleashed in Ukraine: Putin
Johannesburg, South Africa -- Russia's special military operation pursues the goal of ending the war in Ukraine unleashed by a...
Geostrategy
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Business
GCC top export market for Dubai Chamber of Commerce members
Dubai, UAE -- The Gulf Cooperation Council countries were the top destinations for exports and re-exports of Dubai Chamber of...
- Saudi Arabia was named the top destination for members' exports, with the total value recording year-over-year growth of more than 15 percent to reach AED35 billion.
- Members' exports to Kuwait during H1 2023 were valued at AED12.8 billion, while exports to Qatar grew by 39.3 percent.
Business
Ajman H1 real estate transactions increase by 15 percent to $1.95bn
Ajman, UAE -- Ajman real estate market grew 15.6 percent year-on-year to AED 7.17 billion ($1.95 billion) in the first...
- Omar bin Omair Al Muhairi, Director-General of the Department of Lands and Real Estate Regulation, said a total of 5,310 real estate transactions were recorded during this period.
- May, in particular, emerged as a notable month, witnessing a peak value of real estate transactions totaling AED1.9 billion.
Business
Iran exports non-oil products worth $2.9bn to Iraq in four months
Tehran, Iran -- Iran exported $2.9 billion worth of non-oil products to Iraq in the first four months of the...
- Director General of the TPOIÂ for West Asian Affairs Farzad Piltan said Iran exported $541 million worth of products to Iraq in 2022.
- It is predicted that Iran’s export of non-oil products to Iraq will reach $10.5 billion by the end of the current year (March 20, 2024).