EasyLease buys stake in United Trans
This helps EasyLease expand its presence in mobility sector.
Business
Saudi women’s unemployment drops to 13.7% by 4Q 2023
Riyadh, Saudi Arabia - The unemployment rate among Saudi women witnessed a historic decline, plummeting to 13.7 percent in the...
Economy
Abu Dhabi economy to recover to 2019 levels in 2023: S&P
Abu Dhabi economy to recover modestly in 2021 courtesy increased business activity and higher oil prices Emirates' rating could improve...
Liquid assets in UAE banks reach $132bn in first quarter: Central Bank
*Steady growth in liquidity a new sign of the gradual economic recovery, primarily in retail and commercial platforms *UAE Central...
Liquid assets up to Dh486.58 bn in Q1’21: UAE Central Bank
The steady growth in liquidity is a new sign of the gradual economic recovery Liquid assets accounted for 15.9 percent...
Kuwaiti breeder hopes superworms will become the new superfood
Breeder Jassem Buabbas is experimenting with recipes before seeking permission from Kuwaiti authorities Some Gulf states have a tradition of...
UAE, Israel sign tax treaty to boost economic ties
The signing of the treaty came after the normalization of ties between them The treaty is based primarily on the...
UAE tells firms to disclose identity of owners or face action
The companies must come clean by next month The ultimatum was delivered by Safia Al-Safi, the director of the Anti-Money...
New version of Khaleeji Mobile App launched
The new App version offers an integrated range of banking services, financial solutions KHCB is a leading Islamic bank that ...
UAE: AXA offers AXA Life Protect
The plan provides coverage against the loss of life due to accident or sickness Be it household expenses, servicing personal...
Huawei bats for ‘all-flash’ data centre in ‘the intelligent age’
The amount of data to be stored will rise from 32 ZB in 2018 to 180 ZB by 2025 Building...
Etihad Airways issues guidance for travellers after green list update
Italy lifts quarantine on arrival Bahrain, Greece and Seychelles welcome fully vaccinated travellers Now, passengers arriving from Germany, Spain and...
Most Read
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
EasyLease buys stake in United Trans
This helps EasyLease expand its presence in mobility sector.
Business
Company News
Masdar, Africa50 sign MoU
Business
Latest News
Blinken’s visit to Israel to focus on minimizing civilian casualties
Washington, United States - US Secretary of State Antony Blinken who arrived in Israel today on a diplomatic visit will...
Geostrategy
Russian Foreign Ministry specifies conditions for resuming grain deal
Moscow, Russia - Moscow on Thursday reiterated the need to fully implement the provisions of the Russia-UN memorandum for the...
Geostrategy
ADX partners with HSBC to develop digital assets
Abu Dhabi, UAE - Abu Dhabi Securities Exchange (ADX) and HSBC Bank Middle East Limited are working together in the...
Business
Most Read
Americana Restaurants reports $1,897m revenue
The company's adjusted EBITDA reaching $446.5 million.
- Profitability remained a key highlight, with the company's adjusted EBITDA reaching $446.5 million for the first nine months of 2023
- The company's steady expansion continued, adding 184 gross new restaurants, bringing the total portfolio to 2,338 restaurants
Geostrategy
Saudi defense minister meets Blinken, Lloyd over Gaza war
Washington, United States - Saudi Minister of Defense, Prince Khalid bin Salman bin Abdulaziz met the US Secretary of State...
- The focus of the meeting with Blinken was the ongoing Israeli-Palestine conflict, with discussions centered on joint efforts and coordination to de-escalate
- Prince Khalid also met Austin at the Pentagon and discussions focused on bilateral affairs and the situation in Middle East
Economy
No-oil trade between UAE, Jordan reached $4.5 bn in 2022
Abu Dhabi, UAE - The non-oil trade volume between the UAE and Jordan has reached AED16.5 billion ($4.5 billion) in...
- The Abu Dhabi Fund for Development has contributed to financing numerous development projects in Jordan
- The fund, with an allocation of $10 billion, is geared to propel industrial development in the region and diversify economies