UAE energy ministry awards DEWA for research, innovation
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has been awarded first place in UAE Ministry of Energy and...
Business
Delegation highlights investment opportunities in Ras Al Khaimah
RAS AL KHAIMAH, UAE - A delegation from Ras Al Khaimah Economic Zone (RAKEZ) has concluded its visit to Russia...
Business
Bahrain bats for booster shots to battle Covid-19
Bahrain’s National Medical Taskforce for Combating the Coronavirus said the booster shots help maximize immunity against Covid-19.
Emirates NBD’s first half profit rises 17% to Dh4.8 billion
Total income of the Dubai’s largest bank has jumped 9 percent over the preceding half year due to a marked...
Kuwait commits $2.5 million to Lebanon via UNDP for waste management
This is part of an agreement between Kuwait and the UNDP, called the Stabilisation through Solid Waste Management Projects in...
FAB reports H1 2021 Group Net Profit of $1.47 billion
First Abu Dhabi Bank saw a first-half 2021 Group Net Profit of AED5.4 billion ($1.47 billion), which was an 11%...
Saudi tourism fund adopts cloud computing to help investors
Tourism Development Fund, which was set up in June, says use of Oracle Cloud applications will enhance data integration, increase...
$350m Murabaha financing for Pakistan concludes
Twelve banks from the region fully subscribed the transaction in which Ajman Bank also acted as investment agent.
‘Wounded soul’: Beirut blast haunts scarred survivors
The August 4 blast that thundered through the city levelled entire neighbourhoods, killed more than 200 people, wounded 6,500 others...
Saudi hobbyists can do a lot at this online platform
Hawi will make it easier for amateur clubs to establish their teams and register members besides promoting international exchange of...
WeDeliver raises $2.4 million in pre-Seed round
This is the largest pre-Seed round for a Saudi-based startup and the third-largest in Mena region.
Pro-Iran groups welcome US declaration to end Iraq ops
Pro-Iran armed factions stand accused of carrying out around 50 rocket and drone attacks this year against US interests in...
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UAE energy ministry awards DEWA for research, innovation
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has been awarded first place in UAE Ministry of Energy and...
Business
Company News
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Incubeta buys Bruce Clay
Business
Vodafone signs deal with Whisbi
Business
Jordanian, Algerian businesses aim for better trade relations
The Jordanian and Algerian business community agreed to a new vision for the two countries' economic relations, aiming to open...
Business
Two more grain ships leave Ukraine, says Turkey
Two more ships carrying grain have left Ukraine's Chornomorsk port, Turkey's Defense Ministry said on Saturday, bringing the number of...
Geostrategy
ADX tops Arab region in market value increase, says AMF
The Abu Dhabi Securities Exchange was the leading Arab financial market in terms of performance last week, as its index...
Market Report
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Business
Widam Food signs $27mn pact with Egypt’s Frigo
The company, in a statement, said it exported two meat shipments to Egypt in March and July.
- The company, in a statement, said it exported two meat shipments to Egypt in March and July
- Widam Foods said that the agreement is in line with its strategy to expand its foreign trade
Geostrategy
US names seasoned diplomat as new envoy to Kuwait
The White House said that Sasahara is a career member of the Senior Foreign Service with the rank of Minister-Counselor...
- According to the White House Sasahara has been the recipient of numerous State Department performance awards, including five Senior Foreign Service Performance Awards
- She has served as Deputy Assistant Secretary of State for North Africa since November 2020
Economy
Arab Monetary Fund forecasts 4.4% GDP growth for Qatar in 2022
The fund said in a report released today that it expect inflation in Qatar will record about 4.3 percent during...
- The fund said in a report released today that it expect inflation in Qatar will record about 4.3 percent during the current year
- The report also expected that the growth rate of Arab economies would collectively about 5.4 percent in 2022