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

Lebanon hospitals say they are running out of fuel for life-saving equipment

Hospitals in Lebanon have warned they are running out of fuel to operate life-saving equipment as power cuts continue

WFP needs $1.9 billion in 2021 to prevent famine in Yemen

The World Food Program has it needs at least $1.9 billion this year alone to prevent famine in Yemen

Lebanese shooter wants to ‘bring some joy’ to countrymen

 Bassil has been training hard, especially after recovery from Covid-19

Human Rights Watch condemns Iran for ‘deadly’ response to water protests

HRW has condemned the Iran’s response to ongoing internal water protests; at least four people have been killed by security...

Tunisia rescues 166 migrants at sea, 16 dead

They were stranded at sea for nearly a week after their boat broke down off Tunisia

IPC, WHO to promote diversity and equity in health and sports

The two partners will collaborate to improve global access to quality rehabilitation and assistive technology for the disabled

DEWA, Stanford University system to boost production forecast at Al Maktoum solar park

The new system reduces errors in the forecast of photovoltaic production to less than 10 percent

Generator business thrives in Iraq amid power cuts

Private generator business is about $6-$10 billion, each household spends on average $100-200 per month on electricity

Saudi Arabia, UAE deny Pegasus spyware allegations

Saudi Arabia and the United Arab Emirates have dismissed allegations they used Israeli-supplied Pegasus malware to spy on journalists and...

beIN to rebrand channels for 3,000 hours of Olympics coverage in Mena region

beIN Media Group plans to rebrand channel to broadcast 3,000 hours of Olympic coverage in the Mena region

Sharjah okays Genetic Coding Program to classify emirate’s biodiversity

Sharjah, UAE - The Sharjah Executive Council (SEC) approved Tuesday the "Genetic Coding Programme" project to classify biodiversity in Sharjah,...

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Weeklong real estate transactions in Dubai amount to $2.8bn

The real estate and properties transactions valued at $2.8 billion (AED10.3 billion) in total during the week ending 19 August...

UAE gave foreign aid worth $3.5bn, says MoFAIC

The UAE is providing sustainable humanitarian aid worldwide, underscoring its commitment to promote regional, global peace and prosperity. As per...

Middle East nations to gain $1.3 trn in additional oil revenues by 2026: IMF

The gains, due to high oil prices, will provide 'firepower' to the region's sovereign wealth funds, said Jihad Azour, IMF's...

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OPEC revises oil demand projection to 3.1mn barrels a day

The recent drop in oil prices reflects global concern over an economic slowdown and “masks physical market fundamentals," says OPEC...
  • The recent drop in oil prices reflects global concern over an economic slowdown and “masks physical market fundamentals,” says OPEC secretary general
  • He predicted a slowdown in demand growth in 2023 but said it should not be worse than what has already been experienced in the last two years

Israel planning renewable energy projects in MENA region

The companies are also developing projects in Morocco, the UAE and Bahrain, along with Egypt and Jordan.
  • The companies are also developing projects in Morocco, the UAE and Bahrain, along with Egypt and Jordan
  • The plans follow two years after Israel normalized relations with the UAE, Bahrain and Morocco. Israel also signed a Free Trade Agreement with the UAE

Arab economies expected to grow by average 5.4 percent in 2022 : AMF

Oil-exporting countries in the Arab World will benefit throughout 2022 from the increased oil production quantities within the "OPEC+" agreement...
  • Arab countries are expected to face relatively high inflation rates in 2022 due to a rise in food and energy prices and escalating inflationary pressures.
  • The oil-importing Arab countries are expected to achieve a moderate 4.1 percent growth rate in 2022, compared to 2.7 percent in 2021.