Arabian Travel Market unveils Monday in Dubai
DUBAI, UAE - The 30th edition of Arabian Travel Market (ATM) will open Monday at Dubai World Trade Center (DWTC),...
Business
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
German-Iranian rights activist caught Covid in Tehran jail, says daughter
Nahid Taghavi is being held in Tehran's Evin prison, awaiting sentencing on a 'security charge'
Lebanon families ‘spend 5 times minimum wage’ on food
The Mediterranean country is battling what the World Bank has described as one of the planet's worst financial crises since...
Smart cards and robots: Saudi Arabia’s ‘digital hajj’
The digital system also allows the authorities to guide the tens of thousands who attend the annual event, which in...
Netflix turning to games as streaming growth slows
Analysts said the Netflix move is not aimed at disrupting the expanding gaming market but keeping its own viewers interested...
Saudi Arabia gets tougher on shadow economy
Following the introduction of an anti-concealment law early this year, Saudi Arabia has stepped up its efforts to crack down...
Turkey faces uproar by seeking shift on Cyprus
On a trip to the north of divided Nicosia on Tuesday, Turkish President Recep Tayyip Erdogan said there should be...
Sharjah date festival to have prizes worth $408k this year
The fifth edition of the Al Dhaid Date Festival will start on Thursday with prizes worth AED1.5 million (around $408,300)
Qatar re-opens for fully vaccinated international travelers
Qatar has reopened its borders for fully-vaccinated international travelers, but there are some conditions
Tehran on alert as anti-water protests spread in Iran
Iran put anti-riot measures in place in Tehran on Wednesday following continued water protests in Khuzestan
Saudi Arabia bans citizens from traveling to Indonesia as Covid cases surge
Saudi Arabia on Wednesday barred its citizens from travelling to Indonesia due to the surge in Covid-19 cases there
Arabian Travel Market unveils Monday in Dubai
DUBAI, UAE - The 30th edition of Arabian Travel Market (ATM) will open Monday at Dubai World Trade Center (DWTC),...
Business
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Nana ties up with Google Cloud
Business
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...
Economy
‘RAK aims to increase number of hotel rooms in 5 years’
CEO of the Ras Al Khaimah Tourism Development Authority (RAKTDA) Raki Phillips said that the emirate’s tourism sector aims to...
Business
UAE announces new incentives to support emirati SMEs
The new incentives include classifying up to five enterprises under Tier 1 category per owner, instead of two enterprises, and...
Economy
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Business
71 varieties displayed during Onaizah International Dates Season
More than 71 varieties of dates were on display in the auction arena of the Food City during the Onaizah...
- The most common and sought-after types are Khalas, Barhi, Majdoul, Khodari, and Sukkari. Al-Hamra, Aseelah.
- The health of dates is checked in the municipal laboratory and ascertained through control tours.
Business
DP World H1 net profit $721m
Growth was supported by higher revenue from acquisitions.
- The global port operator said this was a 51 percent year-on-year and added that it expects growth rates to moderate for the rest of the year.
- The company said its H1 revenue was $7.93 billion, a rise of 60 percent, supported by acquisitions, strong performance of feedering services and growth in high margin cargo.
Business
Al-Othaim posts $37m profit
The retailer said the profit soared due to growth in sales.
- The retailer said that its share in the profit of its associate Gulf Flour Milling Co. boosted this period’s results, as it was not recorded in the prior year
- The company incurred higher costs from opening new stores and enhancing competencies in senior positions