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

Astronauts complete first spacewalk at China’s new Tiangong station

Chinese astronauts successfully performed the country's first tandem spacewalk on Sunday, working for seven hours on the outside of the...

Saudi suspends UAE flights due to virus variant

Saudi Arabia has suspended flights to three countries, including the neighbouring United Arab Emirates, to protect against a coronavirus variant,...

Work permits for Golden Residency holders

The Ministry of Human Resources and Emiratisation has announced the start of issuing work permits for Golden Residency holders. The...

Dubai Chamber board adopts 90-day plan for business growth

The event  eyes 100,000 business leaders Key challenges facing companies discussed The newly formed board of Dubai Chamber of Commerce...

UAE kitchen firm Kitopi’s valuation crosses $1 billion

The Dubai-based cloud kitchen company Kitopi has crossed $1 billion in valuation, its CEO has said Its valuation went up...

ADSB wins $952-million UAE Navy contract

Abu Dhabi Ship Building (ADSB), a leader in the new build, repair, maintenance, refit and conversion of naval and commercial...

DP World acquires US-based logistics provider

DP World has announced the acquisition of 100 percent of syncreon for an enterprise value of US$1.2 billion. This transaction...

UAE, Austria to avoid double taxation

As part of its endeavours to strengthen cooperation frameworks in tax matters, protect taxpayers from double taxation, and avoid impeding...

Expo 2020 Dubai tickets to go on sale on July 18

One-day tickets will cost AED95 ($26), multi-day tickets AED195 ($53), and season passes AED495 ($135) The multi-day passes will give...

Iraqi restaurateurs pay bribes to dodge virus curfew

Lockdown forces restaurant, cafe owners to sack a quarter of their employees Corruption in Iraq has eaten up more than...

Cementing ties: Iran invites Saudi Arabia’s king to visit Tehran

The two countries had severed ties seven years ago after Saudi Arabia executed a revered Saudi shia cleric Sheikh Nimr...

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Saudi agriculture sector grows 7.8% to value at $19.23bn

The agriculture output in 2017 was estimated at $17.41 billion, around $17.48 billion in 2018, and $17.65 billion in 2019,...

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...

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...

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Saudi Arabia’s inflation surges to 2.7 percent in July: GASTAT

Saudi Arabia’s inflation rose to 2.7 percent in July 2022 compared to June, according to the General Authority for Statistics...
  • Cost-of-living index for July rose to 107.20 points, according to base year 2018, compared to 104.41 points in July.
  • The Increase in consumer price index (CPI) was driven by a 3.9 percent year-on-year rise in the food and beverage prices.

‘Jordan committed to combating terror financing’

Governor of the Central Bank of Jordan (CBJ) Adel Sharkas said that terror financing is a threat to national economies,...
  • Governor of the Central Bank of Jordan said that terror financing is a threat to national economies
  • The CBJ Governor said the Kingdom is committed to combating money laundering and terror financing

Jordan’s anti-corruption body launches National Integrity Index

The Jordan Integrity and Anti-Corruption Commission (JIACC) on Monday launched the National Integrity Index (NII), which aims to gauge public...
  • Jordan Integrity and Anti-Corruption Commission launches National Integrity Index to gauge public bodies adherence to anti-corruption standards
  • The NII aims to support the commission's efforts to combat corruption and foster an anti-corruption public culture