FMs from Palestinian Authority, Muslim nations to visit China
Officials will include the foreign ministers of the Palestinian Authority in the West Bank, Saudi Arabia, Jordan, Egypt and Indonesia,...
Geostrategy
Emirates, Safran sign pacts worth $1.2bn
Latest generation Safran Seats for new Emirates Airbus fleet part of the deal.
Business
Bombed-out factories deepen economic pain in Gaza
More than half of the working-age population is unemployed in Gaza UN official says addressing the conflict's root causes...
Flydubai to run two new summer routes to Greece
Demand for travel to places outside MENA has risen after vaccine rollout Flydubai seasonal routes will open only after Sept...
Dubai records AED92 billion worth of realty transactions
Hadaeq Sheikh Mohammed Bin Rashid tops the list in villa sales Dubai Marina, Burj Khalifa among toppers in apartment sales...
A floating house launched in UAE sells for Dh 20 million
Neptune billed as the first environment-friendly floating house in the world Floating units can safely move from one place to...
New business licenses record 19 percent growth
The Business Registration and Licensing (BRL) sector of Dubai Economy reports that 15,475 new licenses have been issued during the...
DMCC Crypto Centre to champion cryptographic technologies in Dubai
Co-working spaces for crypto entrepreneurs within the Jumeirah Lakes Towers district Center will house a leading crypto advisory practice led...
DP World to expand energy efficiency pact with Etihad ESCO
MoU covers energy performance contracting projects, solar on-grid installations, IT solutions Etihad Energy Services currently retrofitting buildings in DP World's...
Covid-19: South Asia travelers to Bahrain need a test on arrival
Travelers will have to quarantine for 10 days before the second test Passengers from ‘red-list’ countries need to present proof...
Optimism in the air as Airport Show begins in Dubai
3-day exhibition attended by 95 exhibitors from 21 countries 50 percent improvement in the global passenger Kms likely by mid-2021...
Dubai Chamber to host Global Business Forum Africa in October
The Forum is being held on the sidelines of Expo 2020 Dubai The event aimed at promoting Dubai as a...
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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
FMs from Palestinian Authority, Muslim nations to visit China
Officials will include the foreign ministers of the Palestinian Authority in the West Bank, Saudi Arabia, Jordan, Egypt and Indonesia,...
Geostrategy
Company News
Saudi tourism on growth path despite hiccups
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Mawani adds 20 cargo services to Saudi Arabia’s ports in H1
Riyadh, Saudi Arabia -- The Saudi Ports Authority (Mawani) has added 20 cargo services to the ports of Jeddah, Dammam,...
Business
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Business
Estithmar opens branches in Iraq
Two subsidiaries of the Qatari firm open two branches.
- Elegancia Healthcare, established a branch in Iraq in line with the memorandum of understanding that was signed recently to manage and operate several soon-to-be-opened hospitals.
- Estithmar Holding told Qatar News Agency that it signed agreements with the Iraqi investment authority worth $7 billion that includes real-estate and tourism development.
Business
Saudi minister, Chinese firms seek collaboration in housing development
Beijing, China -- Saudi Arabia's Minister of Municipal, Rural Affairs and Housing, Majid bin Abdullah Al-Hogail, has held a meeting...
- During his meeting with SITEC Group, Al-Hogail deliberated over plans to establish an industrial complex in accordance with the highest pre-casting technology standards.
- This complex will encompass finishing materials and an operational model for industrial zones, enabling the delivery of 5,000 units annually.
Business
Abu Dhabi, Dubai realty resilient despite surging inflation, interest rates
Abu Dhabi, UAE – Real estate markets of UAE capital Abu Dhabi and Dubai demonstrated resilience in the face of...
- A report by Asteco, a full-service Real Estate company, said approximately 1,400 apartments were added to the Abu Dubai market during Q2 2023.
- Average apartment, villa, and office rental rates in Dubai increased by 6 percent, 3 percent and 6 percent respectively over the quarter.