The net profit grew by 5.1 percent to $155 million.
Sales retreated 4 percent to 19.57 billion euros.
The UAE was among the first countries to return to normalcy after the pandemic and is currently hosting Expo 2020...RAK Properties investments reach AED15 billion, engaged in several real estate sectors.
Expo 2020 will especially have a major impact on tourism and real estate sectors, Al Tair said.
The gross volume growth was mainly driven by Asia Pacific, India, Australia, and the MENA region.In Q3, DP World handled 19.8 million TEU, up 8.1 percent year-on-year basis.
The near-term outlook remains positive, but the company expects growth rates to be moderate in the final quarter, said CEO Ahmad Bin Sulayem.
The Saudi-Swiss Investment Forum aims to touch $3.2bn of financing by 2030. The body, launched on 25 October in Riyadh,...Khalid Al-Falih, minister of investment, said the country’s plan is to make Saudi Arabia the most important export destination for Swiss companies
He added that kingdom’s investment strategy has several key aims it plans to reach by 2030, including doubling annual domestic investment to 9 percent of gross domestic product
The $1.7bn listing strengthens its position as the largest Sukuk issuer on the bourse.The listing strengthens the IsDB’s position as the largest supranational Sukuk issuer on Nasdaq Dubai with a total value of $18.8 billion
The bell-ringing ceremony was attended by Hamed Ali, CEO of Nasdaq Dubai and Deputy CEO of the Dubai Financial Market (DFM)
Qatar FinTech Hub was launched by Qatar Development Bank (QDB) with the support of Qatar Central Bank (QCB) to develop...The Wave 3 of the program will run until Dec. 2021. QFTH will provide training and mentoring services.
The six mature FinTechs that have joined the Accelerator program are based in India, Sudan, Malaysia and Indonesia.
The UAE’s Al Etihad Credit Bureau has joined hands with online financial aggregator Policybazaar UAE to implement real-time eligibility checks...The three-digit AECB credit score indicates how likely customers are to fulfill their payment obligations on time based on their past behavior
Maintaining a good credit history allows customers to avoid higher interest rates and credit refusals
The project will be developed on an area of 1 million sqm while fully respecting and preserving the topography and...The project will be developed on an area of 1 million sqm while fully respecting and preserving the topography and unique environmental features of Taif
It will offer premium residential units ranging from apartments, villas, and townhouses in addition to a variety of commercial facilities and amenities
ODL uses XRP for instant, low-cost cross-border payments.ODL is the process of buying and selling XRP in originating and destination countries
XRP is the native cryptocurrency of products developed by Ripple’s creator Ripple Labs
The contracts pertain to managing the King Fahd Causeway.Safari has been awarded all three facilities management packages by the King Fahd Causeway Authority
According to the five-year contract, Safari will provide over 500 staff to maintain and enhance the aesthetics and functionality of the causeway
The project, which covers 7.2 million square feet of land in Al Rahmaniyah area, builds on the concept of future...The project extends over an area of 7.2 million square feet of land in the Al Rahmaniyah area of Sharjah, supporting the urban development of the Emirate
The city is designed to cover all three elements of sustainability - social, economic, and environmental
