- The Kuwait-based National Aviation Services (NAS), a subsidiary of Kuwait-based logistics provider Agility Public Warehousing, has acquired 51 per cent...
Siginon Aviation is the largest aviation cargo management and ground handling company in Kenya
The company did not disclose the cost of the deal, but it said the enterprise value is approximately 12 million Kuwaiti dinars ($40 million).
- Al Rajhi Bank of Saudi Arabia posted a 44 percent rise in net profit to $2.86 billion for the first...
The higher net profit for Q3 2021 is spurred by 43 percent year-on-year to SR 3.794 billion, compared to the third quarter of 2020
The bank attributed the profit increase to the rise in total operating income by 26.4 percent, as a result of higher net financing and investment income
- Saudi National Bank (SNB), the kingdom’s biggest lender, has posted a nearly 20% jump in net profit to $1 billion...
SNB reported a net profit of 3.8 billion riyals ($1.0 billion) for the quarter that ended on Sept. 30, up from 3.2 billion riyals in the same period a year earlier
The result was better than the 3.6 billion riyals average analysts' forecast
- There will be over 2,200 people in the bio-bubble this time.
The ICC World Cup T20 bio-bubble will consist of players, supporting staff and their families, and broadcast crew
There will also be BCCI and International Cricket Council officials, staff at the hotel and stadium, and selected medical personnel
- The virtual license covers 13 economic sectors on top of the strategic sectors targeted by the Abu Dhabi government to...
The program lets non-resident foreign investors obtain an economic license for doing business in the emirate
They can now do this without any prior residence procedures and from any location outside the UAE
- Organizers of the 2022 World Cup in Qatar hope to attract 1.2 million tourists to the Gulf country, an official...
"They will not (all) be in the country at the same time, as the event extends over a period of 28 days"
Those include accommodation on cruise liners, hotel apartments, fan villages with an Arabian desert vibe
- At least one in five vehicles sold in the European Union (EU) in the third quarter of the current fiscal...
Battery electric vehicle sales jumped nearly 57 per cent to more than 212,000 units, while plug-in hybrid models rose nearly 43 per cent
This is a slower pace of growth than in 2020 when sales almost trebled from a low base





















