DMCC posts record Q1 growth as 708 firms register
A total of 3049 new companies joined DMCC in 2022.
Business
UAE, Costa Rica start talks to form economic partnership agreement
UAE minister said that the emirates will continue its efforts to build partnerships with strategic global markets under the country’s...
Business
Dubai’s most expensive villa rental signed for $1.06 million
Dubai likely saw its most expensive villa rental deal, with a villa on Palm Jumeirah being rented annually for AED...
ADCB’s H1 net profit surges 76% to AED 2.524 billion
Abu Dhabi Commercial Bank has reported a 76 per cent jump in first-half net profit to AED2.524 billion on the...
Hoping to defy Covid-19 anxiety, Egypt to restart flights to Africa
In a meeting with EgyptAir officials, the country’s civil aviation minister stressed for promoting the airline’s sales in light of...
Trade between UAE, Bahrain vaults 75% to $672 million in Q2
Only Saudi Arabia traded more with Bahrain, with the total value reaching $781 million during the quarter Oman was followed...
Expo 2020: Tickets on sale, 50 winners of a lucky draw to attend the opening ceremony
UAE residents above 18 who purchase Season Pass or Family Package before Aug. 15 eligible for entry into the raffle
Former Saudi minister to head IDB
Former Saudi economy and planning minister Mohammed Sulaiman Al-Jasser will head the bank.
UAE at Tashkent conference: infrastructure key driver for investment
UAE energy and infrastructure minister Suhail bin Mohammed Al Mazrouei praises Uzbekistan for attracting investment and developing the country's infrastructure
Journalist among 6 freed by Egypt amid criticism of rights record
US had warned Egypt that targeting rights campaigners would be a factor in arms sales
Business
UAE’s forward-looking vision to contain pandemic
With a long-term forward-looking vision, the UAE continues its efforts to combat the spread of the COVID-19 variant, with the...
Standard Chartered appoints CEO for Saadiq
Khurram Hilal brings over 20 years of Islamic banking experience to the CEO position.
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
DMCC posts record Q1 growth as 708 firms register
A total of 3049 new companies joined DMCC in 2022.
Business
Company News
Saudi youth excel in event management in Jeddah Season
Arts & Culture
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Ladun to list on Nomu
Business
Iraq to build four free-trade zones, two along Jordan and Saudi borders
Iraq plans to establish free-trade zones adjacent to Baghdad and Najaf airports and another one near the Iraqi-Jordanian border, which...
Business
DEWA alert service reduce 217,370 tons of carbon emissions
Dubai Electricity and Water Authority (DEWA) has announced that its High-Water Usage Alert service has helped to reduce 217,370 tons...
Economy
Kuwait appoints Nasser Al-Hein as permanent envoy to UN
Nasser Al-Hein has enjoyed a prolific diplomatic career, having represented his country in a slew of international events over the...
Geostrategy
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QSE-listed companies hit $7bn net profit
This amounts to an increase of 29% over last year.
- All of Qatar Stock Exchange listed companies have disclosed their financial results for the six month period ended June 30, 2022
- The QSE is a full member of the World Federation of Exchanges and was recently upgraded by the MSCI and the S&P Dow Jones Indices
Business
BHP posts 40% jump in profit
The gains were due to high demand for coal and copper.
- The company recorded US$23.8 billion in underlying attributable profit after a busy year in which it completed a merger with petroleum giant Woodside
- BHP chief executive Mike Henry said that the strong results were achieved due to safe and reliable operations, project delivery and capital discipline
Business
Saudi Helicopter Co to buy six Airbus choppers for its fleet
The new ACH160 is one of the world’s most technologically advanced helicopters with a new rotor blade design that results...
- The new helicopter comes in line with the firm’s aims to deliver an improved environmental footprint and lower fuel consumption
- The PIF had established THC as part of its strategy to activate new sectors in Saudi Arabia and generate long-term commercial returns