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

Israel looks into NSO as firm promises to probe proof of malware ‘misuse’

Israel has set up a ministerial team to look into the Pegasus spyware scandal, while the NSO Group stopped taking...

Hackers steal 1 TB data from Saudi Aramco, put it on sale for $5 million

Hackers have stolen 1 TB of Aramco’s data through a zero-day exploit and are selling it for $5 million

Bahrain mulls proposal to tighten control over food-delivery motorcycles

Bahrain is deliberating on a proposal to tighten control over food-delivery motorcycles in terms of traffic and health

Lebanon families spend 5 times minimum wage on food alone, says study

A family of five in Lebanon is spending more than 3.5 million Lebanese pounds a month on food

US arrests Trump aide Tom Barrack for being ‘agent of the UAE’

Tom Barrack, who worked for former US President Donald Trump, was arrested on Tuesday for allegedly being an “agent of...

Hugh Fraser forms new alliances in UAE, Egypt

Clients of HFI will be supported by Al Suweikat and Al Busaies Law Office in Al Khobar.

Powering Iraqi homes one switch at a time

Iran decided last month to cut power supplies to Iraq, saying the it owes it more than $6 billion in...

UAE sends 300,000 COVID-19 vaccine doses to Comoros

The UAE has sent 300,000 doses of the Covid-19 vaccine and 9 tons of medical supplies to Comoros

EHS launches Risk Management & Patient Safety smart system

The Emirates Health Services has covered 17 hospitals and 73 primary healthcare centers across the UAE with its smart system

What’s in store for UAE as OPEC+ decides to increase oil output?

The UAE’s oil production limit fixed by the OPEC+ in 2018 is not a reflection of its full production capacity,...

MoHAP inks deal with Coursera to upgrade skills of employees

The agreement also provides for the creation of a cohesive relationship between the ministry's strategic priorities and training needs, as...

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Ajman Chamber discuss economic ties with Mexican envoy

Director-General of the Ajman Chamber of Commerce and Industry (ACCI) Salem Al-Suwaidi received Ambassador of Mexico to the UAE Luis...

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...

DP World H1 net profit $721m

Growth was supported by higher revenue from acquisitions.

Most Read

G42 launches $10bn technology growth fund

The fund, to be managed by a subsidiary of G42, will invest in late-stage growth companies with disruptive technologies and...
  • The fund will invest in late-stage growth companies with disruptive technologies and strong business fundamentals
  • It will operate as a private equity investor, with a significant share of investment earmarked for high growth regions

OPEC not responsible for soaring inflation: Secretary-General

“OPEC is not behind this price increase,” said the secretary-general of the the influential group of producers Haitham Al-Ghais. “There...
  • Al-Ghais’ comments follow the OPEC’s decision to add only 100,000 barrels per day from next month
  • He said the factors behind the spike in gas and oil prices are beyond OPEC and identified underinvestment as the main problem

Saudi jewelry sector records 36 percent sales jump in Q2

The gold and jewelry sector in Saudi Arabia has recorded a 36 percent growth in sales as the economy shows...
  • The kingdom has also seen an upsurge in consumer spending in the second quarter exceeding $33 billion with an annual growth rate of 7 percent
  • Referring to data issued by the Jazan Chamber of Commerce, the report said the gold and jewelry sector was followed by clothing and footwear, which grew by 24 percent