UAE to implement support scheme for low-income farm owners
DUBAI, UAE - The Ministry of Community Development and Etihad Water & Electricity have announced the implementation mechanism of the...
Geostrategy
Bahrain Telecom announces 5% hike of H1 net profit to $99.5m
Batelco said the steady rise in revenues in H1 2021 led to the increase in net profit.
Iran builds energy port on Persian Gulf for $350 million
Iran built the port to reportedly expedite the export of petroleum products from the South Pars energy hub, which the...
Hotel occupancy shows signs of recovery in MENA: Colliers
The hospitality industry has been the worst hit by the Covid pandemic, but there are signs that suggest a recovery...
Japan pledges $1.97 m to UN to help conduct Iraq elections
The money will be used to support and assist capacity-building within the Iraqi Independent High Electoral Commission for the October...
Bollywood composer accused of ‘stealing’ Israel national anthem
Twitter users in India were quick to point out that the tune being played as Israel was being awarded the...
HSBC MENA’s pre-tax profit at $700m in H1
Economic recovery in the region helps the bank post $386 million profit in the June quarter.
UAE children aged 3-17 to receive Chinese Sinopharm vaccine
The UAE has decided to inoculate children between the ages of 3 and 17 with Chinese Covid-19 vaccine Sinopharm. Children...
Lebanon army gets second batch of food aid from Qatar
The first shipment was sent on July 8 on an Amiri Air Force aircraft belonging to the Qatari Armed Forces,...
- Lebanon is facing a deepening economic crisis that the World Bank now considers one of the worst in the world
- The Lebanese pound has lost around 90% of its purchasing power since November 2019
Jordanian flight, with 133 passengers on board, ‘forced’ to make landing
The airline, without disclosing the reason for early landing of the aircraft, said all the passengers and six crew members...
Aldar Properties beachfront land plots sell out in Al Gurm
The company did not disclose the value of the sale of 71 plots sold exclusively to UAE residents.
UAE to implement support scheme for low-income farm owners
DUBAI, UAE - The Ministry of Community Development and Etihad Water & Electricity have announced the implementation mechanism of the...
Geostrategy
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Saudi Arabia’s new tourism law to build globally competitive tourism sector
With the new legal framework, the Ministry of Tourism will have greater control of the quality of tourism services offered...
Economy
BinDawood’s H1 profit tumbles
Largest Saudi retailer posts a 31% dip in H1 profit to $28.80m.
Business
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Economy
UAE stocks generate strong cash flows Tuesday
FAB gained AED173.7 million in liquidity, closing at AED19.740, while ALPHADABI drew AED102.9 million, ending at AED24.040.
- FAB gained AED173.7 million in liquidity, closing at AED19.740, while ALPHADABI drew AED102.9 million, ending at AED24.040
- The ADX-listed ADNOC Distribution was among big gainers, ending 1.09 percent higher at AED4.620, followed by ADNOC Drilling which closed 0.28 percent up at AED3.620
Business
Ban on single use plastic bags in Sharjah to begin from Jan 2024
Sharjah has banned single-use plastic bags and materials in the Emirate of Sharjah as of 1st January 2024. It follows...
- It follows Sharjah’s efforts of making an environment-friendly emirate and its supportive plans of conservation, said reports
- The ban was decided during a meeting of the Sharjah Executive Council (SEC) Tuesday morning at the Sharjah Ruler’s office.
Economy
Jordan government committed to public-private engagement
The government is committed to expanding the management consulting services sector's participation in enhancing industrial production processes and facilitating access...
- Jordan's government views its partnership with the private sector as a cornerstone to achieve economic and social development
- The ministry of industry, trade and supply's consulting council was established to formulate economic policy and legislation