Qatar and Egypt discuss ways to boost economic, trade ties
Doha, Qatar-- Qatar and Egypt are looking to boost trade and economic ties between the two countries, besides exploring ways...
Business
Irbid chamber industrial exports up
The value of certificates of origin issued stood at US$65m.
Business
Iraq hopes to build 8 nuclear power reactors by 2030
The decision to go nuclear is geared to reduce the country’s external energy dependence Iraq currently uses electricity,...
Ultraconservative cleric Ebrahim Raisi ahead in partial results from Iran’s presidential election
Raisi is seen as close to the 81-year-old supreme leader, Ayatollah Ali Khamenei, who has ultimate political power in Iran...
New weekly container ship service to connect Cochin, Chennai ports with MENA
The new service is jointly operated by a global shipping line --Evergreen Line, and feeder operators--Feedertech and Express Feeders...
Richard Leopold is new Bentley Regional Director for UK, Middle East, Africa, India
Leopold replaces Sarah Simpson who leaves Bentley to join Porsche GB as CEO. The UK, Middle East, Africa...
UAE engages onshore, offshore financial institutions to combat money laundering, terrorist financing
Top financial authorities in the UAE brought together public and private firms to help firm up the country’s anti-money-laundering policies...
To give fillip to key sectors, UAE Central Bank doles out $12 billion in credit in 2020
The credit is intended to give a boost to sectors critical to the overall economy of the United Arab...
RAW Coffee, the UAE-owned brand, comes to Saudi Arabia to tap into demand for beverage
RAW is not the first UAE-based coffee brand to announce expansion plans in the Kingdom this year Emirati Coffee in...
Two Saudi entrepreneurs have a diet plan to fight off obesity in the kingdom
The rate of obesity in the kingdom totals 35.6 percent in 2020 The duo offer customized diet plan to...
Proserv buys Dron Dickson Abu Dhabi business
Entire DDEC business and inventory will be fully integrated and absorbed into Proserv’s Middle East-based service operation Proserv has multiple...
Morocco aims to be a major green hydrogen producer in the region
Morocco to transition to renewable source of energy The country will team up with the Abu Dhabi-based International Renewable...
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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
Qatar and Egypt discuss ways to boost economic, trade ties
Doha, Qatar-- Qatar and Egypt are looking to boost trade and economic ties between the two countries, besides exploring ways...
Business
Company News
Alantra sets up base in DIFC
Business
Latest News
MSNBC takes top three Muslim presenters off air
Dubai, UAE--American cable channel MSNBC has quietly taken three prominent Muslim journalists “out of the anchor’s chair” since the onset...
Geostrategy
Phoenix set for IPO on ADX
It is the first crypto entity to be listed on a Middle East bourse.
Business
UAE allots US$200m to boost growth in low-income countries
Marrakech, Morocco-- The UAE has allotted $200 million to the Poverty Reduction and Growth Trust (PRGT) to expand concessional financing...
Economy
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Economy
UAE economy robust, bolstered by tourism and real estate: OPEC
Vienna, Austria--The UAE’s economy remains robust, with constant contributions from the non-oil sector, especially from tourism, leisure, and real estate,...
- OPEC’s Monthly Oil Market Report (MOMR) for October 2023 noted that the UAE tourism sector continued to rebound and exceeded the pre-pandemic level
- The report added that the government launched reforms to attract further investments, such as allowing 100% foreign ownership of onshore companies
Economy
GCC keen to address economic problems: Albudaiwi
Marrakesh, Morocco-- The Gulf Cooperation Council (GCC) attaches great importance to finding solutions to economic problems such as the eradication...
- He made the remarks while taking part in the annual meetings of the World Bank and the IMF in the city of Marrakesh, Morocco
- The GCC chief underscored the collective responsibility in eliminating poverty by supporting developing and impoverished nations
Business
Red Sea Global launches Saudi’s first seaplane company
TABUK, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations -...
- Fly Red Sea aims to transport guests to various resorts scattered among the islands of Red Sea Destination.
- These resorts include St. Regis Red Sea Resort and Nujuma, Ritz Carlton Reserve, which would be inaugurated later in 2023