Dubai Police ink deal with UAE Hockey Federation
DUBAI, UAE - The Athletes Council at Dubai Police and the UAE Hockey Federation signed an agreement (MoU) to enhance...
Arts & Culture
UAE ministry hosts discussion on poultry industry, food security
DUBAI, UAE - UAE Ministry of Climate Change and the Environment (MOCCAE) on Tuesday organized the second National Dialogue for...
Business
PMI: Saudi non-oil economy expands but challenges ahead
PMI falls for the first time in four months in July. The downgrade driven by weaker growth in output, new...
Boeing attempts uncrewed test flight to ISS a second time
The spaceship is due to launch on an Atlas V rocket built by the United Launch Alliance from Cape Canaveral...
Amazon to launch ‘Lord of the Rings’ series in Sep 2022
The streaming service hopes that the yet-to-be-titled series will rival the success of "Game of Thrones."
- The streaming service hopes that the yet-to-be-titled series will rival the success of "Game of Thrones."
- The first season's episodes will be released on a weekly basis
IMF officially approves increased lending capacity
The program, which had already been approved by the IMF's executive board in mid-July, will be implemented on August 23
US vows ‘collective response’ on tanker attack as Iran warns
A British security guard and a Romanian crew member were killed in what analysts said bore all the hallmarks of...
Israel’s top court delays decision on evictions of Palestinian families
Palestinians said the offer was made that they remain in their properties in the Sheikh Jarrah neighbourhood as "protected tenants."...
Emerson to set up solar rooftop plant at Dubai head office
This is expected to be the largest solar rooftop plant in a single location within the Jebel Ali Free Zone.
Huawei launches Super Device products in Kuwait, Bahrain
The demand for electronic goods in the Middle East has seen an upturn since the Covid-19 pandemic started last year.
Abu Dhabi cuts procedures to start business by 71 percent
Discussions with stakeholders helped the Abu Dhabi government identify and remove duplicate requirements and modify existing requirements to facilitate the...
Lebanon: New cabinet unlikely by explosion anniversary
Political parties said to be again bickering over portfolios, which prevented government formation during the past one year.
Dubai Police ink deal with UAE Hockey Federation
DUBAI, UAE - The Athletes Council at Dubai Police and the UAE Hockey Federation signed an agreement (MoU) to enhance...
Arts & Culture
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Palms Sports wins its biggest contract
The 30-month UAE government contract is worth $83.31m.
Business
Real estate deals worth $381 million recorded in Dubai Tuesday
Dubai real estate market recorded deals worth AED1.4 billion ($381 million) on Tuesday, including 387 sales transactions worth AED1.15 billion....
Business
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Business
Seera sees 43% slide in loss
The Saudi travel group saw its loss fall to $35m in H1.
- The travel agency's gross booking value climbed up 105 percent on the year to $1.09 billion, and revenue was up 125 percent to $282 million
- Almosafer, its travel business, bounced back with increased demand in the second quarter along with a gross booking value of $453 million
Business
BinDawood’s H1 profit tumbles
Largest Saudi retailer posts a 31% dip in H1 profit to $28.80m.
- The company's board proposed a half-year cash dividend payout of $27 million at SR0.9 per share
- Its sales and revenues surpassed $640 million during the first half of the current year
Business
Al Akaria posts profit in H1
The developer's profit rose to $4.3m, after last year's loss.
- Shored up by a 152 percent jump in revenues, the company's stock price climbed up as it returned to profitability,
- The developer also incurred less expenses during the six-month period, thanks to a drop in selling and marketing costs by $320,000