UAE economy to grow 5.7% in 2024 in spite of global challenges
Abu Dhabi, UAE-- The UAE economy is projected to grow by 5.7% in 2024 despite prevailing global economic challenges, including...
Business
Bahrain and Hungary aim to boost trade, investment ties
Budapest, Hungary--Bahrain and Hungary have held discussions to boost economic and trade ties between the two countries. In this regard,...
Business
Draft budget for 2022-2026 reviewed
The meeting explored the projections of federal cash flows for 2022 The fiscal policies governing financing of capital projects also...
Dubai foresees 49% recovery in air travel in 2nd half
Only 1.8 billion travelers took to the skies in 2020, as against 4.5 billion in 2019 Pandemic caused 50%...
Saudi Arabia grants 30,000 commercial registrations to women this year alone
To receive a commercial registration, applicants must be at least 18 years old, not be a government employee Registrations were...
NPCC bags $744 million contract for Abu Dhabi offshore project
The contract to the UAE-based company was awarded by Al Yasat Petroleum Operations Company The company will engage in the...
Emirates notches up “Best Airline Worldwide’ award, eighth in a row
It also bags ‘airline with the best first class’ and “the best economy class” awards too To maintain its industry...
Innovation hub to make Dubai economy future-ready
The hub is an integral part of the roadmap for an innovation-driven growth in Dubai The facility, a part of...
Fresh call for proactive bid to revive aviation industry at Dubai Airport Show
New technologies recommended to reassure passengers of lasting safety There is talk of issuing a Vaccine Passport to boost global...
ADNOC Distribution’s 375 million shares will be up for sale soon
ADNOC has announced it will offer up approximately 375 million shares of ADNOC Distribution The shares are being offered at...
Cummins Arabia starts its service in Kuwait
Cummins aspires to reinforce its capabilities to bring best-in-class engineering solutions The company, with its storied 100-year history, has a...
UAE residents willing to adopt augmented reality for retail shopping
The pandemic has changed shopping behaviour, shifting many shoppers online Online retail is the preferred channel for items such as...
UAE economy to grow 5.7% in 2024 in spite of global challenges
Abu Dhabi, UAE-- The UAE economy is projected to grow by 5.7% in 2024 despite prevailing global economic challenges, including...
Business
Company News
Ithmaar Bank H1 profit up
Business
Latest News
UAE and Barbados look to deepen trade, energy ties
Bridgetown, Barbados-- The UAE and Barbados have discussed prospects for bolstering bilateral cooperation, particularly in climate action and renewable energy,...
Geostrategy
Old Doha Port signs many agreements during Monaco Yacht Show
Monaco, Monaco--The Old Doha Port has signed several agreements with professional global companies, specialized in yacht during its participation in...
Business
Saudi Arabia projects 2024 budget deficit at 1.9% of GDP
The kingdom's finance ministry estimated expenditures for 2024 to be at US$333.5 billion. According to the ministry, the projection is...
Economy
Most Read
Business
Saudi Fund for Development and Seychelles sign US$25m loan agreements
Riyadh, Saudi Arabia-- The Saudi Fund for Development (SFD) has signed two loan agreements with Seychelles to support the social...
- The SFD will contribute $25 million to support the social housing project in the Seychelles and the reconstruction of La Digue School project
- The fund has so far implemented 700 development projects and programs in more than 90 countries with a value surpassing $18.7 billion
Business
Qatar and Libya sign MoU to boost cooperation in civil aviation
Tripoli, Libya-- Qatar and Libya have signed a memorandum of understanding (MoU) to boost cooperation in the field of civil...
- The MoU is a component of joint efforts by the two countries to deepen bilateral relations in the aviation sector
- It is also designed to enhance ways of cooperation in the field of security and safety, and exchanging experiences
Geostrategy
UAE Council review cybersecurity in Jordan summit
Amman, Jordan - The UAE Cyber Security Council discussed cybersecurity in the inaugural Jordan Cyber Security Summit 2023, known as...
- The DOT Cyber Summit 2023 explored issues related to cyber policies and strategies, international issues related to cyber risks and threats faced by countries.
- This includes mechanisms for addressing and combating their spread, and reviewing the experiences of countries and their progress in the field of cyber security.