Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Masdar, IRENA ink pact on tripling global renewable energy capacity by 2030

ABU DHABI, UAE - Masdar has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a...

Samsung reports 73.4% surge in profit in Q2

The firm painted an optimistic view for the remainder of the year.

On-campus workers must be vaccinated, say Google, Facebook

Spikes in infections due to a Delta variant of the virus have ramped up concerns in the United States, where...

Fast-track new govt, France to Tunisia

French foreign minister Le Drian said it was "necessary to preserve calm, and the rule of law, and to allow...

Muscat plans light rail metro network

The network, which will link the cities of Ruwi and Muttrah to the airport and Seeb,  is part of the...

Mawani inks deal with UFC to build silos at key Saudi ports

Once the silos are built, the at Jazan and Ras Al Khair ports will have a total storage capacity of...

Mubadala invests $250 million in biosimulation firm Certara

The deal happened between Certara, Mubadala, and some existing shareholders of Certara, including a shareholder affiliated with EQT.

Yanbu Port in Saudi Arabia receives first cruise ship

One of Saudi Arabia’s oldest ports in the Red Sea, Yanbu usually sees traffic of cargo and passengers, and even...

Qatar Emiri Air Force adds four more Rafales

The four multirole combat aircraft from France’s Dassault Aviation include three single-seat Rafale EQ and a twin-seat Rafale DQ.

India, UAE agree on extending energy relations

India's new Minister for Petroleum and Natural Gas, Hardeep Singh Puri,  makes courtesy calls to his counterparts in major oil...

Sharjah survey to measure sector-wise growth in emirate

Department of Statistics and Community Development said the impact of government policies on the economy is reflected in the survey...

Masdar, IRENA ink pact on tripling global renewable energy capacity by 2030

ABU DHABI, UAE - Masdar has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a...

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King Abdullah calls for speeding up of food security plan

The king has called on the Jordanian government to speed up the implementation of the national plan for sustainable agriculture...

UAE investments in Egypt rise by 169% in 6 months

In a statement, CAPMAS said that the value of the trade exchange between Egypt and the UAE increased to about...

Flyadeal adds A320neo to fleet

It raises Saudi low-cost airline's fleet strength to 26.

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UAE Ambassador to Iran will soon resumes duties

In line with UAE efforts to strengthen relations with the Islamic Republic of Iran, the Ministry of Foreign Affairs and...
  • The decision to appoint an envoy to Iran comes as part of a previous decision to increase diplomatic representation to the rank of ambassador
  • The ambassador would contribute to advance bilateral relations between UAE and Iran

Saudi business tax payers asked to submit July declaration

The Zakat, Tax and Customs Authority has called on taxpayers from the business sector subject to value added tax (VAT)...
  • The Authority has urged business sector taxpayers to promptly submit their tax declaration in order to avoid a penalty.
  • Penalty will be charged at a minimum of 5 percent and a maximum of 25 percent of the tax value which the taxpayer had to declare.

GIS, DIH mull merger

Qatar Central Bank has provided in-principle no-objection to both firms.
  • The potential merger is likely to create one of the largest local insurance companies.
  • The creation of huge insurance company is in line with the Qatar National Vision 2030.