Bahrain to host ‘smart cities summit 2024’ in March
Manama, Bahrain--Bahrain will hold the seventh edition of the "Bahrain Smart Cities Summit 2024" from March 5 to 6 under...
Economy
UAE real GDP to grow 5.3 percent in 2024: S&P Global
Abu Dhabi, UAE-- The UAE's real GDP will grow 5.3 percent in 2024, compared to 3.4 percent in 2023, according...
Economy
DEWA water pipeline extension project worth $69.7 million is 96.4% complete
The AED256-million ($69.7 million) project by DEWA to extend water transmission by 36.6 km across Dubai is a fraction away...
69 percent firms operating in Business Bay commercial: Report
Number of businesses operating in Business Bay reach 17,893 General trade tops the list of licenses activities The number...
Aldar Properties recieve $81.67-million loan from HSBC
HSBC has sanctioned a loan of $81.67 million to Aldar Properties that has its interest linked to achievement of sustainability...
Syrian army shelling kills 9 civilians, 7 of them children
The shelling also wounded around 15 others in several locations of the Jabal al-Zawiya area The UNICEF said the attacks...
8 lakh millionaires in Middle East have $3.2 trillion wealth
Across the region, the population and wealth of HNWIs witnessed a growth of 13.2% and 17.2% The number of millionaires...
Egypt opens strategic Mediterranean naval base
Sisi and his guests witnessed military maneuvers involving several vessels, attack helicopters and fighter jets State-run newspaper Akhbar Al-Youm reported...
Bezos to exit as CEO of Amazon
Bezos, 57, was set to hand over the job of Amazon chief executive on Monday to Andy Jassy He will...
Saudi Arabia, UAE vying for hydrogen, ammonia exports
Both targeting Japan, a key oil, gas importer Both also eager to get into green hydrogen, ammonia industry Saudi...
UAE, Oman to host T20 World Cup as cricket continues to move out of India
ICC cited the effects of the second wave of Covid-19 in India for its decision The tournament will now be...
Schneider Electric partners with Hewlett Packard in Egypt
The new alliance enables Schneider Electric to foray into new markets, sectors The alliance targets corporations and professionals in system...
Bahrain to host ‘smart cities summit 2024’ in March
Manama, Bahrain--Bahrain will hold the seventh edition of the "Bahrain Smart Cities Summit 2024" from March 5 to 6 under...
Economy
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Bank of China opens in Riyadh
Business
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Knowledge E and HBMSU sign agreement to ‘reshape future of education’
Dubai, UAE-- Hamdan Bin Mohammed Smart University (HBMSU) and Knowledge E have signed a memorandum of understanding to reshape the...
Business
PIF and Hyundai to set up JV vehicle-manufacturing plant in Saudi Arabia
Riyadh, Saudi Arabia--The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) have signed a joint-venture agreement to establish an...
Business
EHS and Burjeel Hospital for Advanced Surgery sign MoU
Dubai, UAE--Emirates Health Services (EHS) and Burjeel Hospital for Advanced Surgery have signed a memorandum of understanding (MoU) to bolster...
Business
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Business
Multiply Group profit soars
Its Q3 revenue posted a 24 percent jump to US$96 million.
- The group posted a 337 percent increase in net profit, excluding fair value changes, to $90.12 million for Q3 2023
- It acquired a 55% majority stake in Media 247, a leading UAE outdoor advertising firm, at an investment of $61.26 million
Economy
Kazakhstan aims to expand trade ties with UAE to the tune of US$1bn
Abu Dhabi, UAE--Kazakhstan is keen to expand trade ties with the UAE, setting a target of $1 billion in mutual...
- He noted how new trade roads from the Caspian Sea to Abu Dhabi and Dubai ports in the UAE can connect the region
- The minister said that Kazakhstan is committed to using its agricultural potential to address global food shortages
Economy
UAE president and Vietnam PM explore ways to boost ties
Riyadh, Saudi Arabia-- UAE President Sheikh Mohamed bin Zayed and Vietnamese Prime Minister Pham Minh Chinh have explored opportunities to...
- They looked at ways to boost ties to serve mutual interests and realise the aspirations for further development and prosperity
- The two leaders met on the sidelines of the joint summit between the GCC and ASEAN, which commenced in Riyadh, Saudi Arabia