Dubai records $450 million in real estate transactions: DLD
Dubai, UAE - Dubai's real estate market recorded real estate deals worth AED1.8 billion on Monday, Dubai Land Department said....
Business
UAE’s Rashid Rover to land on Moon on April 25
The Mohammed Bin Rashid Space Center in UAE said that Rashid Rover, onboard the HAKUTO-R Mission 1 Lunar Lander, is...
Science
Qatar to resume issuing family, tourist visas from July 12
The decision is based on the recommendations of the Ministry of Public Health following the Covid-19 developments The move is...
Lebanon PM urges world to start aid as economy spirals
Lebanon’s Caretaker Prime Minister Hassan Diab has said the monetary aid other nations have promised should be sent now to...
Saudi Arabia mulls new Riyadh airport in big tourism push
The new airport is to be a base for the new airline that the Public Investment Fund is looking to...
Dubai authorities probe Jebel Ali Port blast
Dubai authorities were Thursday investigating an explosion on a container ship carrying flammable materials which unleashed a fireball at one...
Beirut costliest Middle Eastern city for expats, while cost of living eases in Dubai, Abu Dhabi
Abu Dhabi and Dubai fell 17 and 19 places respectively on Mercer Cost of Living Survey this year Riyadh remained...
Dubai’s Shuaa plans SPACs worth $600 million
Shuaa Capital plans to set up three blank-check companies of around $200 million each.
UAE consumers prefer online motor insurance
74% of the customers buy car insurance online in the UAE More than 90% of the consumers review car insurance...
Egypt upset as Ethiopia starts second phase of filling mega-dam on Nile River
The Grand Ethiopian Renaissance Dam has been a source of conflict between Addis Ababa, Egypt and Sudan since construction began...
Getting vaccinated is ‘the most patriotic thing’ to do
The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve...
UAE becomes world’s most vaccinated nation
The United Arab Emirates leads the world, with enough vaccinations to cover 72.1 percent of its population and has overtaken...
Dubai records $450 million in real estate transactions: DLD
Dubai, UAE - Dubai's real estate market recorded real estate deals worth AED1.8 billion on Monday, Dubai Land Department said....
Business
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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...
Business
Russian President pitches ‘combat-tested’ weapons to allies
While the Ukraine war rages on, Russian President Vladimir Putin has pitched weapons to allies around the world, lauding them...
Geostrategy
Dar Al Ber spends over $57m on charitable projects in UAE, worldwide
The number of projects inside the UAE and in several regions around the world has reached 22,517.
Economy
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Economy
Bahrain posts a budget surplus of $88m for first half of 2022
Bahrain has posted a budget surplus of $88 million in the first half of 2022, from a deficit of $1.38...
- Actual revenues collected increased by 52 percent compared to the same period in 2021.The kingdom had reported a deficit of $1.38 billion a year earlier.
- Actual expenses amounted to $4.4 billion, an increase at a rate of only 2 percent compared to the same period in 2021.
Geostrategy
Bahrain, Saudi to cooperate in job localization, labor market regulation
Bahrain and Saudi Arabia have discussed ways to enhance technical cooperation in the areas of job localization programs and labor...
- They reviewed their plans in the field of training citizens and applied professional standards.
- Saudi minister praises Bahrain’s position and leadership in regulating the labor market, noting its experience in enhancing social protection for workers through the unemployment.
Business
Agthia 2021 acquisitions worth $630m
The Group is planning a new acquisition in Egypt.
- Agthia aims to expand geographically in markets such as Egypt and Pakistan, noting its 60 percent acquisition of Abu Auf Group in Egypt.
- The group's products are currently available in more than 45 markets in North America, Europe, Asia, North Africa and the Middle East.