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TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.
  • Saudi Arabia and Oman pledge to boost trade ties

    Saudi Arabia and Oman have pledged to boost trade and economic ties between the two countries, months after the two...

    Saudi Arabia's Investment Minister Khalid al-Falih was visiting Oman on Sunday to discuss opportunities in both Gulf countries

    Saudi Arabia is in the midst of an ambitious economic development plan to wean the economy off oil, while Oman last year introduced measures to boost its finances

  • EMotorad starts global journey with e-bike launch in UAE

    The brand sees UAE as a major platform to showcase its futuristic products globally

    The brand sees UAE as a major platform to showcase its futuristic products globally

    EZYTRONIX and EM have joined hands to launch the flagship brand and establish EM products

  • Fintech creams off most in $2.1bn funding

    The fintech sector has attracted nearly 30 percent of all the funding raised during the year, with one in four...

    Fintech stood out above other sectors on funding volume and value

    RedSeer said financial free zones such as the Abu Dhabi Global Market and the Dubai International Financial Center have contributed to this growth

  • Emirates to provide extra baggage for Lebanon-bound customers

    Customers can avail the additional baggage allowance for travel booked on emirates.com, Emirates sales offices, via travel agents as well...

    Customers can avail the additional baggage allowance for travel booked on emirates.com, Emirates sales offices, via travel agents as well as online travel agents

    The baggage allowance applies to both inbound and outbound travel from Beirut

  • All fully vaccinated tourists can travel to UAE

    Tourists will have to do a mandatory RTPCR test on arrival, according to the National Emergency Crisis and Disasters Management...

    Tourists from the countries from which entry was previously banned also eligible for visas.

    Facilities available to vaccinated UAE residents can be availed by tourists also.

  • AmCham Bahrain elects new board

    Qays Zu’bi has been re-elected the president for two-year term.

    The new board is AmCham’s most diverse and representative since its formation in 2005.

    40 percent of the Board’s seats are held by women.

  • TROX re-joins Eurovent Middle East

    The company has been active in Middle East for the past 50 years.

    The company said rejoining the association meant it was renewing commitment to joint industry initiatives.

    Calls the industry to reinforce its focus on technical regulations and standards.

  • Covid-19 fails to impact realty in UAE, Saudi Arabia

    While the UAE has seen a record amount of real estate sales in the first six months of 2021, Saudi...

    Demand for villas increased in the UAE because of the pandemic outbreak and also due to low-interest rates.

    The real estate sector contributed 14.2 percent of the Saudi GDP ranking third as the most contributing economic activity.

  • Philippines-UAE trade rose 32% in first 5 months of 2021

    Total trade between the Philippines and UAE already crossed Dh1.3 billion from January to May 2021

    Total trade between the Philippines and UAE already crossed Dh1.3 billion from January to May 2021

    With more than 190 countries converging in the Expo, the Philippines aims to showcase the very best of its culture, heritage, and technology

  • Sharjah’s Sewa delivers gas to Kalba, Khorfakkan

    Sharjah Electricity, Water and Gas Authority (Sewa) has completed the delivery of natural gas to 112 housing projects in the...

    Sharjah Electricity, Water and Gas Authority has been implemented by Sewa's Natural Gas Office in the Eastern Region

    Along with this gas project the Sewa unit has also completed the first phase of 22-m-long Al Haray area in the city of Khorfakkan

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