The bank has proposed record cash dividend of 44.38 fils per share.
Alphabet reported a profit of $20.7 billion.
Bahrain expects this to be the most efficient multimodal sea-air transshipment hub in the region with a global reach.The hub is said to have a turnaround time of just two hours for all containers
This means products can be with customers in half the time and at 40 percent of the cost
- Brand Dubai and Dubai Municipality have reviewed some creative proposals to redesign 10 public parks in the emirate.
The latest joint project is part of an ongoing partnership between Brand Dubai and Dubai Municipality
Together, they are looking to undertake beautification projects to enrich the city’s urban landscape
- The floodlit circuit is expected to run over 6.175 km (3.8 miles), the second-longest on the calendar, and will feature...
A visit to the track this week showed there was still much work to be done
Buildings were still under construction and cranes and diggers were on site
The new services are said to offer four different services that aim to raise the target audience’s awareness, provide them...The initiative is expected to include a weekly interactive virtual workshop, the Virtual Session
This would introduce UAE citizens eligible to professionals for consultations and clarification about the VAT refund process
The real-estate sector in Abu Dhabi recorded 3,425 real-estate sales transactions worth AED9.02 billion (around $2.46 billion), and 3,621 mortgage...The H1 recorded value has been achieved through 7,046 real-estate transactions
These include transactions and mortgages of land, buildings, and real-estate units of all kinds
Rising oil prices handed a major boost to producers but threaten the global recovery and stoke inflationary pressures because they...Global supplies have been disrupted because US production remains hampered by the ongoing fallout from Hurricane Ida.
OPEC now expects global oil demand to exceed its pre-pandemic level in 2022 thanks to Covid vaccines and recovering economies.
DUBAI: Etihad Rail has completed construction works on a stretch of the 1200-km UAE National Railway Network, the company said on...The work was completed ahead of schedule on Package A of Stage Two, which extends over 139 km.
40 percent of the network’s annual transport capacity has been reserved through commercial agreements.
The Fund's composition reflects a convergence of SEDCO Capital's Prudent Ethical Investment (PEI) approach with Lombard Odier's investment expertiseThe Fund's composition reflects a convergence of SEDCO Capital's Prudent Ethical Investment (PEI) approach with Lombard Odier's investment expertise
The Fund aims to deliver capital growth through an active asset allocation strategy with the goal of outperforming the Dow Jones Islamic Market World Developed Total Return Index
The company expects to raise more than $1 billion from the public offering, valuing the company at about $10 billion.Retail offering started on Wednesday and will run until Oct. 1
ACWA is considering issuing green bonds in 2022 and beyond to raise funds for some renewable energy projects.
Los Angeles: Tesla chief executive Elon Musk thinks US regulators should take cryptocurrency out of their crosshairs, leaving it free...China's central bank last week said all financial transactions involving cryptocurrencies are illegal.
Tesla early this year announced it had bought $1.5 billion worth of Bitcoin.
