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
UAE and Jordan leaders discuss boosting economic, investment ties
Amman, Jordan-- The UAE and Jordan have explored opportunities for collaboration in the fields of economy, investment, food security, renewable...
Geostrategy
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...
Easing of restrictions triggers strong rebound in Middle East economies: ICAEW
ICAEW-commissioned report finds business confidence in the region has strengthened Higher oil revenues give Middle East governments more scope...
Delta variant of Covid found in Kuwait, authorities warn citizens to take precautions
Kuwait says that many people in the country have contracted the Indian variant The country's health department is conducting...
PricewaterhouseCoopers Middle East commits to creating 6000 jobs in 5 years
Creating an ESG Centre of Excellence in the region part of 'The New Equation' strategy Firm announces its commitment...
Hub71 launches new program with New York Firm Modus Capital to build, invest in startups
The program is expected to enable early-stage founders from around the world to develop successful and scalable startups from...
HSBC and Morgan Stanley believe Dubai property market will boom for years
HSBC and Morgan Stanley feel growth will be driven by strong demand for larger homes The rally, both feel,...
G7 leaders pledge 1b Covid vaccine doses to poor countries
Delivery of at least half of the doses pledged expected by the end of 2021 G7 countries will...
Emirates Group Security, India’s GMR Aviation Academy to foster aviation training
EGS has signed an MoU with India-based GMR Aviation Academy for aviation education The MoU will reportedly help EGS...
Improve employee wellbeing to advance your bottom line: Gallup
Higher life evaluations, wellbeing are positively associated with productivity, innovation, and safety 84 percent of MENA employees are not...
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
Company News
Latest News
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
Kuwait Fund and Central American Bank sign MoU
Marrakesh, Morocco-- Kuwait Fund for Arab Economic Development (KFAED) and the Central American Bank for Economic Integration (CABEI) have signed...
Business
Most Read
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
Business
Edge signs deal with Saha Istanbul
It will deepen cooperation between the UAE and Turkey.
- The event being held at the Ankara Congress Centre will also facilitate several introductory and exploratory meetings between Edge and Turkish companies
- Chairman of Edge said that the alliance with Saha Istanbul and its member firms will enable Edge to tap into Turkey's rich ecosystem and robust supply chain