Tuesday's announcement was not expected to have an immediate effect on production or exports. After a series of oil supply...
- Tokyo, Japan - Toyota said Monday it was suspending shipments of 10 models that use engines linked with testing irregularities at...
The era of space tourism comes with many options: a few minutes of weightlessness, or a few days or a...SpaceX's INSPIRATION4 set this week is the first orbital mission involving four non-professional astronauts.
A trip in a module of Space Perspective, hoisted by a space balloon the size of a football stadium costs $125,000.
Taking a strong stance against money laundering, the Central Bank of the UAE (CBUAE) has issued a new guidance on...The guidance serves as a key point of reference for licensed financial institutions to ensure their compliance with anti-money laundering
The guidance, which comes into effect today, requires LFIs to demonstrate compliance with CBUAE’s requirements within one month
The reasons behind the penalty included not declaring quarterly financials, and not paying their annual subscription fees.Boursa Kuwait listed seven reasons why the companies had been suspended from trading
Some companies have been penalized for multiple reasons
The bank will make the investment over the next two years.Currently, green assets comprise more than 13 percent of the bank’s overall portfolio
This is equal to around $550 million in loans and direct investments
The Omani bank's new rights issue has been fully subscribed.Issuance fully subscribed, drew interest from HNWIs, retail investors, corporates
“Such overwhelming participation demonstrates the robust capabilities of Sohar International in terms of attracting capital to advance its strategic agenda"
The value of exports of national origin of Bahrain increased to BD386 million ($1.06 billion) in August 2021, compared to...Saudi Arabia ranked first among countries receiving Bahraini exports of national origin, importing BD77 million (around $205 million) from Bahrain
The United States was second with BD62 million (around $165 million) and the United Arab Emirates third with BD53 million (around $141 million)
Hedge funds in Middle East are abuzz with excitement, posting double digit gains in August this year, after a weak...Yields for August alone were at 2.27 percent, higher than the global average.
Year-to-date returns for funds focused on region averaged 17.64%
An international commercial flight touched down in the Afghan capital on Monday, the first since the Taliban retook power last...‘There was hardly anyone on the plane, around 10 people... maybe more staff than passengers’
Qatar Airways operated several charter flights out of Kabul last week
- The Ras Al Khair plant produces 1.05 million cu m of desalinated water per day and generates 2.65 GW of...
Saudi Arabia was planning to sell 60 percent stake in the Ras Al Khair plant and raise $2 billion
However, bidders backed out after considering several factors, including the plant’s age and its waning technology
- The initial price is set at AED2.30 (around $0.63) per share.
The subscription period for the Adnoc Drilling IPO will close on September 23 for UAE retail investors
It will close on September 26 for qualified domestic and international institutional investors
