UAE highlights ways to enhance education system at UK meet
DUBAI, UAE - A UAE group highlighted its technological programs and initiatives aimed at boosting the educational system and reviewed...
Arts & Culture
UAE launches National Genome Strategy for healthcare efficiency
Genome programs will also help create new economic opportunities in the UAE by attracting partnerships in fields such as artificial...
Geostrategy
How are on-demand technologies altering the way we work?
By Anthony Khoury Technology has rapidly redefined the way we work and live our lives, allowing for new forms of...
Russia’s pragmatic approach toward Middle East
Despite all odds, Russia looks consistent with its Middle East policies as it is relentlessly trying to cement formidable ties...
Why is Bahrain pursuing unconventional path of diversification?
Gulf Cooperation Council (GCC) nation Bahrain is pursuing the path of diversification and has been able to diversify its economy...
Corporate card programs offering efficient procedures, more savings
A recent survey by Mastercard, a leading technology company in the global payments industry, revealed that organizations that switch from...
‘JCPOA’; how US’ withdrawal scripts economic instability, geopolitical flux
The recent move of the US president Donald Trump, intended to terminate the 2015-nuclear pact with Iran, has further escalated...
How Top CEO draws the future lines of GCC corporate
King Abdullah Economic City (KAEC) in Jeddah, Saudi Arabia, was the centre of attraction as TRENDS, along with INSEAD Business...
Fifth edition of arab luxury world draws to a successful close
The fifth edition of arab luxury world, the Middle East’s leading conference on the business of luxury, has drawn to...
A weighting game: Russia’s balancing act in the Middle East
In 1978, Egyptian journalist Mohamed Heikal declared in his book Sphinx & Commissar that Soviet influence in the Middle East...
Bahrain on path of reforming public, private entities
Newly discovered oil and gas reserves announced last month by Bahrain open massive economic opportunities for the kingdom at a...
How future of mobility will look like in GCC?
Marvin Ammori, General Counsel, Hyperloop One, speaks to TRENDS about the sustainability of future mobility while keeping in mind the...
UAE highlights ways to enhance education system at UK meet
DUBAI, UAE - A UAE group highlighted its technological programs and initiatives aimed at boosting the educational system and reviewed...
Arts & Culture
Company News
Latest News
Saudi Electricity borrows $568m
The money will be used to fund Egypt interconnection project.
Business
Saudi Arabia allows holders of all types of visas to perform Umrah
The ministry stated that those who qualify to perform Umrah also include holders of US, UK and Schengen visas
Economy
Egypt looks to borrow $2.5bn in loan to bolster economy
The country's struggling economy needs to urgently secure more foreign currency in its $400 billion economy to plug gaping deficits.
Economy
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Business
RAK Chamber members’ exports in Q2 2022 totaled $447m
The Ras Al Khaimah Chamber of Commerce and Industry issued its statistics for the second quarter of 2022, which showed...
- The report also showed that the number of certificates of origin issued by the chamber totaled 5,871.
- A total of 326 plots were sold for $446 million, while 1,567 apartments and villas were purchased for $849 million
Business
Julphar Q2 sales $114m
Net profit for the period reached AED5.2m (AED73.4 million in Q2 2021)
- EBITDA reached AED 44.2 million in Q2 2022 and the quarter marks a return to a double digit margin of 10.5 percent of net sales.
- The drug manufacturer said the gross profit margin was 34 percent in Q2 2022.
Business
Dubai records $2.6bn real estate transactions in week
A total of 2,433 real estate transactions worth $2.6 billion (AED9.7 billion) were conducted during the week ending 12th August,...
- A total of 2,433 real estate transactions worth $2.6 billion were conducted during the week ending 12th August, 2022
- A total of 326 plots were sold for $446 million, while 1,567 apartments and villas were purchased for $849 million