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

Netherlands drinks the most coffee in the world

The Netherlands is followed closely by Nordic countries Finland, Sweden and Norway

UN extends South Sudan arms embargo for another year

The draft resolution was adopted by 13 votes in favor on the 15-member panel. India and Kenya abstained

Smokers are up to 50 percent more likely to die from Covid: WHO

The UN health agency’s 'Commit to Quit’ tobacco campaign has made resources from its Quitting Toolkit freely available to more...

Saudia Arabia to amend administrative penalties for tax law violations

The changed laws are also expected to support tax registrants and help them fulfil their tax obligations

A Saudi mom can now vouch for her child to open a bank account

Before this decision, a married mother had to bring her husband or obtain court's consent to open an account for...

Saudi Arabia allows a Spanish solar power firm to set up plant in the kingdom

PV Hardware Middle East will manufacture trackers, mounting structures, and cleaning robots for the Saudi solar market

Qatar is the go to place for migrants workers looking for a decent life

Qatar employs some 2.3 million migrant workers in a total population of 2.6 million

Popular cricket tournament IPL to be played in UAE

IPL has an estimated brand value of $6.7 billion

Egypt, Ever Given continue to spar over compensation for Suez blockage

The Suez Canal Authority (SCA) claimed more than $916 million in damages, but out-of-court negotiations lowered the figure to $550...

Zain launches Middle East’s first mental wellness support for employees

All 7,000 Zain employees to get mental health counseling from psychologists Zain expects Rise will increase employee retention, loyalty Zain...

Dubai records weeklong real estate deals worth $2.45 billion

Dubai, UAE -- A total of1,852 real estate transactions valued at more than AED 9 billion ($2.45 billion) were conducted...

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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...

Iran first Islamic country to have modern observatory, says official  

TEHRAN, IRAN – Iran is the first Islamic country to possess a very modern observatory, the head of the Institute...

India cricket board earns nearly $300 million from 2022 IPL

New Delhi, India -- India's cricket board banked nearly $300 million from last year's iteration of its Indian Premier League,...

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Etihad Cargo flight lands in Hubei

Hubei's Ezhou Huahu Airport is world's fourth professional cargo airport.
  • Etihad Cargo's Boeing 777-200 freighter arrived in Ezhou on Friday, making the carrier the first international airline to operate flights to the airport.
  • Equipped with a 23,000sqm cargo terminal and a 700,000sqm freight transit center, the airport serves as a gateway for air trade between China and the rest of the world.

Dubai real estate market records deals worth $653 million

Dubai, UAE -- Dubai's real estate market recorded deals worth AED 2.4 billion ($653 million) on Thursday, according to Dubai...
  • The deals included 591 sales transactions worth AED1.76 billion on Thursday, in addition to 125 mortgage deals totaling AED613.72 million.
  • The sales included 561 villas and apartments worth AED1.42 billion, and 30 land plots worth AED336.26 million.

Falconers meet in Abu Dhabi for special auction from Sept 2-8

Abu Dhabi, UAE -- Following the success of the Falcon Auction in the last edition of Abu Dhabi International Hunting...
  • The previous edition witnessed the purchase of the most expensive falcon in ADIHEX’s history, as the American falcon (Pure Gear - Ultra White) was sold for more $250,000.
  • The 2023 auction will witness new features, including the falcon daily raffle draws offered by Umm Jeniba Farm to the auction’s audience and raffle draws to the participants.