Geneva, Switzerland-- Air cargo demand rebounded in 2023 with a particularly strong fourth quarter performance despite economic uncertainties, according to...
Geneva, Switzerland -- Middle Eastern carriers reported a 1.6 percent increase for global and international demand in 2023 compared to 2022...
The Central Bank of the United Arab Emirates has penalized six exchange houses for flouting rules to combat money laundering...The sanctions imposed last month followed the exchange houses’ failures to comply with AML & Sanctions Compliance Frameworks by end-2019
The UAE has in recent months beefed up regulations targeted at banks and financial institutions to combat and prevent money laundering
Home buyers in the Middle East are looking to settle in rural areas and possess bigger homes than they have...Around 57 percent of respondents in the region said they would be most likely to buy a villa
Half of the respondents cited the energy efficiency of their home being a “very important” issue
Talaat Moustafa Group, the Egyptian real estate company, is looking to expand into Saudi Arabia and Iraq to take advantage...TMG has formed a committee to study investment opportunities in Saudi Arabia and Iraq
The company recently proposed the Nour City project, east of the capital Cairo
Sales soared between June 2020 and June 2021 as auctioneers quickly adopted a more online approach.NFTs, or "non-fungible tokens", allow people to buy the rights to online art, including images, animation or even tweets.
In March, US artist Beeple sold an NFT of his digital artwork "Everydays: The First 5,000 Days" for $69.3 million.
The company expects to sell 30 percent of its shares in the offering.The IPO is expected from Oct. 22 to Oct. 26 and a book-building process will determine offer price per share.
In June, the Capital Market Authority had approved the company's request for the IPO.
Together, the airlines are making millions of reward seats available for frequent flyers to access more than 100 destinations.For Emirates customers, the deal provides access to over 55 Australian destinations to where Emirates does not fly
Qantas customers are able to fly on Emirates to Dubai and access over 50 cities in Europe, the Middle East and North Africa, to where Qantas does not fly
Alcogal created offshore shell companies to hide money in tax havens for politicians and public figures. They included "some accused...Nearly two million of the 11.9 million leaked documents associated with the Pandora Papers came from Alcogal.
The firm rejected accusations, saying it was considering legal action to defend its reputation.
- The 5th edition of the AVSEC Global Symposium, which started on Sunday in Dubai, brought together globally recognized security experts,...
The three-day event will host 35 speakers and over 700 delegates from more than 50 countries.
Held since 2013, the symposium is one of the most significant aviation security events in the region and one of the biggest globally.
Abu Dhabi-based firm will acquire Eltizam Asset Management for AED111.6 million.IHC has entered into a strategic partnership with ADQ to sell a 50% stake in its subsidiary
Eltizam offers an integrated suite of strategic management and real estate services
- Announced in the early 1980s, the project for a refinery in southern Libya had been put on hold for years...
An annual income of $75 million is expected from the project, said state oil company head Mustafa Sanalla.
The refinery will be built near Al-Charara oil field, which produces an average of 300,000 barrels of oil a day.
