Ajman real estate transactions reach $930 million in first quarter
Ajman, UAE - Total real estate transactions in Ajman in the first quarter (Q1) of 2023 totaled AED3.4 billion ($930...
Business
Best chance for peace in Yemen in eight years, says UN envoy
Yemen faces its best chance to strike a peace deal since the country's civil war started over eight years ago,...
Geostrategy
US: Nuclear talks with Iran cannot go on indefinitely
Iran's president-elect has said his government will support talks that ‘guarantee national interests’ but will not allow negotiations for the...
Business
12 die in Saudi Arabia from Covid as infection lingers
Twelve people have died in Saudi Arabia from COVID-19, taking the total count of people having succumbed to the disease...
- The total number of recoveries in the Kingdom has increased to 503,827
- A total of 8,212 people have succumbed to the virus in the Kingdom so far
Iraqis ask for jabs as Covid tears through the country
Covid has resurfaced in Iraq with a vehemence that people are now frantically looking for jabs as their reluctance to...
Kuwait records realty deals worth $1.3 billion in June
Al Ahmadi Governorate accounted for 67.7 percent of the 1,271 deals, followed by Hawalli and Jahra governorates.
- Al Ahmadi Governorate accounted for 67.7 percent of the 1,271 deals followed by Hawalli.
- The value of real estate transactions in June 2020 was only KD77 million.
Oman to continue with ban on commerce, movement
There will be no relief for citizens of Oman from the restrictions imposed by the government to halt the spread...
Etisalat reports $1.2 billion net profit in H1 2021
Following the impressive performance, the UAE's leading telecommunications company said it will distribute interim dividends of 40 fils per share...
Two rockets fired near US embassy in Baghdad
Attack came on a day PM Mustafa Al-Kadhemi was flying home from Washington after talks with Joe Biden.
Blinken arrives in Kuwait to deepen security ties
US Secretary of State Antony Blinken arrived in Kuwait to hold discussions to boost military cooperation, regional security and investment...
China builds 1.8 km long railway tunnel in the UAE
China has finished building the longest railway tunnel anywhere in the Middle East in the United Arab Emirates. The 1.8...
Egypt’s export of iron, steel spikes 179 percent to $584m
During the first five months of this year, the Egyptian export of iron, steel has surged 179 percent to $584,...
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Ajman real estate transactions reach $930 million in first quarter
Ajman, UAE - Total real estate transactions in Ajman in the first quarter (Q1) of 2023 totaled AED3.4 billion ($930...
Business
Company News
Latest News
UAE, Egyptian leaders review fraternal relations in Al Alamein City
President Sheikh Mohamed bin Zayed Al Nahyan arrived in Al Alamein City on a visit to the Arab Republic of...
Geostrategy
Dubai’s RTA reduces energy consumption by 18 percent
Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority said that RTA had achieved...
Economy
WGES 2022 to encourage investment in green projects
The 8th World Green Economy Summit (WGES), to be held in Dubai, will focus on developing investment partnerships in green...
Economy
Most Read
Business
JODC posts increase in revenue
High pilgrim traffic caused revenue to go up to $104.34m.
- Its gross profit rose 152.9 percent to $19.06 million in H1, as against the loss of $36.05 million in the same period of last year
- The company expects the increased traffic of pilgrims to sustain for the rest of the year as there remains pent-up solid demand for pilgrims, both domestic and international
Business
Emaar to sell Namshi to Noon
The Dubai developer will sell its online retailer for $335.2m.
- The Department of Economic Development has revealed that e-commerce licenses issued by the emirate jumped 63 per cent in the first half of 2021
- During the last two years of the Covid Pandemic, online buying in the UAE has taken a big leap in growth, with Amazon alone recording net sales of about $500m in 2021
Business
Jordan and Algeria agree to boost trade, investment ties
Many Jordanian industrial sectors have the necessary requirements to enter the Algerian market, especially the pharmaceutical components, clothing, chemical and...
- The business groups also agreed to have more meetings and visits in order to assess investment opportunities
- According to official data, the kingdom's exports to Algeria in 2020 amounted to $94 million, compared to about $125 million in imports