UAE, Morocco discuss ways to strengthen trade relations
Rabat, Morocco - The UAE is keen to strengthen economic and trade relations with Morocco, in a way that enhances...
Business
DET to highlight Dubai’s tourism in Arabian Travel Market
DUBAI, UAE - Dubai’s Department of Economy and Tourism (DET) is likely to display the diversity of the Emirate's destination,...
Business
New Israel Covid-19 rules trigger protest
Older citizens need to get booster vaccine shot, mask requirement indoors reimposed, vaccine certificates must for entering enclosed spaces
UAE’s nuclear authority takes stock of cooperation agreements
Federal Authority for Nuclear Regulation’s Board of Management also approved MoU with the Ports, Customs and Free Zone Corporation.
Oman bans network marketing, pyramid schemes
The authorities will impose a fine of OMR 5,000 (nearly $13,000) on anyone who is found violating this ban, with...
Saudi Arabia arrests 12,000 foreign violators of various laws
In a wide crackdown on those violating various laws of the kingdom, Saudi Arabia has arrested more than 12,000 violators...
Private firms in Oman can use government evaluation system
The existing method of appraisal is based on work experience, an employee’s behavior, and how long he/she spends at work.
Six die in UAE from Covid-19, 1,537 test positive
The country's Ministry of Health and Prevention aims to continue expanding the scope of testing nationwide to facilitate the early...
A project to extract water from air at Masdar soon
It will evaluate the performance of US-based water technology firm AQUOVUM’s Atmospheric Water Generation technology.
Saudi economy likely to grow nearly five percent this year
Saudi economy is expected to grow 4.8 percent in 2021 from 2.2 percent last year, according to the estimates of...
A year after the mushroom cloud, Lebanon still bleeds
Footage of the fireball erupting above the port and the white blast mushroom soaring skywards and tearing through the city...
Saudis queue up for vaccines as delta variant strikes world with force
Saudis have been queuing up in larger numbers in the last 10 days with the arrival of August 1 deadline,...
UAE, Morocco discuss ways to strengthen trade relations
Rabat, Morocco - The UAE is keen to strengthen economic and trade relations with Morocco, in a way that enhances...
Business
Company News
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Abu Dhabi’s Al Bateen Executive Airport reopens after upgrade
Al Bateen Executive Airport has reopened following the successful completion of a major refurbishment project which will allow the airport...
Business
Raya CX, Zain Saudi sign pact
Raya CX will provide outsourcing services to Zain Saudi Arabia.
Business

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Business
SEC’s profit fell to $1.9bn in H1
The Saudi utility firm's sales however surged to $8.80bn.
- The company however made $8.80 billion in sales during the period, up from $8.53 billion in 2021, propelled by rising demand for electric power
- The utility saw its shares lose 1.9 percent to SR26 in early trading
Business
APICO posts 29% profit increase
It will proceed with an IPO of 20 percent of its capital on Nomu.
- The plastic manufacturer reported an increase in revenue to $31 million during the year
- The book-building period will be led by Yaqeen Capital and shall start on September 11 and end on September 13
Economy
WGES 2022 to promote investment tie-ups in green projects
The summit will be attended by several local and global high-profile participants, including heads of states and governments, as well...
- The summit will be attended by several local and global high-profile participants, including heads of states and governments, as well as prominent global speakers
- The UAE is the first country to develop the Green Key Performance Indicators focusing on three dimensions - environmental, economic and social - of sustainable development

