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

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,...

Ras Al Khaimah ranks third on World Bank’s ‘enforcement of contracts 2021’

Crown prince of Ras Al Khaimah attributes the achievement to president Sheikh Khalifa bin Zayed Al Nahyan's support 

Planning body set up to make Dubai the world’s best city

Supreme Committee for Urban Planning envisions Dubai as the best city for life in the world

Cybersecurity experts to discuss defense strategies at GISEC 2021

Participants will hear how international law enforcement agencies are working together to fight cybercriminals

$2.3 billion of realty deals in four emirates in Q1 2021

The deals are a sign that the worst is over and smart recovery is picking up

Dubai property booms as wealthy buyers escape lockdowns

Credit goes to recent government reforms, attractive mortgage rates, a shift in demand due to Covid-19

Cyprus votes amid anger over graft scandal

With over 27 percent of the vote, conservative DISY remained the largest force in parliament

ADX lists US$1 billion Abu Dhabi Ports bonds

The company is planning $4.2 billion in investment in next 5 years

Egypt gears up to host Africa Food Manufacturing in August 2021

The exhibition is expected to feature more than 150 participants from 20 countries, covering the four core sectors of manufacturing:...

Uber appoints new GM for MENA, Pakistan region

Pall will lead the next phase of growth for Uber’s ride-sharing business across the region

UAE urges smokers to quit after WHO warning

The UAE has also imposed a selective tax on tobacco and its derivatives by 50 – 75 %

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,...

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Iran-European Union trade reaches $2.5 billion in first half of 2023

Tehran, Iran -- Trade between Iran and the European Union member states reached 2.3 billion euros ($2.5 billion) in the...

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...

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...

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Hungarian companies want to expand work in Russia, says PM Orban

BUDAPEST, HUNGARY – Hungarian Prime Minister Viktor Orban said that companies from his country plan to expand their activities in...
  • Hungarian Prime Minister Viktor Orban made the statement at a meeting with the head of Russia’s Tatarstan region Rustam Minnikhanov in Budapest.
  • The head of Tatarstan came to Budapest at the invitation of Orban in connection with the Hungarian national holiday, St. Stephen's Day.

EU well-prepared for winter as gas reserves hit 90% ahead of target

The speedy filling of storage facilities means the bloc is "in a much more stable position than it was this...
  • The crisis sparked by Russia's war led to the European Union adopting a law requiring the 90-percent gas storage by November 1 each year.
  • Before Moscow launched its invasion in February 2022, Russia accounted for nearly half of the EU's natural gas imports.

Dubai records $2.83bn billion in weekly real estate transactions

Dubai, UAE -- Real estate transactions valued at more than AED 10.4 billion ($2.83 billion) were recorded in Dubai during...
  • Of the total 3,571 transactions,120 plots were that sold for AED1.2 billion and 2,782 apartments and villas were that went for AED6.86 billion.
  • A total of 109 properties were granted between first-degree relatives worth AED438 million.