SAMA issues rules regulating ‘buy now pay later’ companies
Riyadh, Saudi Arabia -- The Saudi Central Bank (SAMA) has issued rules for regulating buy now pay later (BNPL) companies,...Business
ADQ and Azerbaijan’s AIH set up joint-investment platform
Abu Dhabi, UAE--ADQ, an Abu Dhabi-based investment and holding company, and Azerbaijan Investment Holding (AIH), a strategic sovereign wealth fund...Business
ENOC Misr to blend, fill lubricants at Egypt plant
A three-year partnership between ENOC Misr, a joint venture between Proserv. Egypt Group and the UAE’s ENOC, will allow the...
What ails restaurant sector in Kuwait?
*Shortage of qualified workers, delay in vaccination and timing restrictions are affecting the sector negatively *Small restaurants and cafes especially...
Hyde to develop a five-star hotel in Dubai, first outside the US
Hyde will work with Emerald Palace Group to develop the property The hotel will be located in Business Bay For...
Branson finally heads for space 17 years after founding Virgin Galactic
Virgin Galactic boss is hoping to finally get the nascent space tourism industry off the ground Branson's official role is...
Morocco to acquire two Italian multipurpose frigates
The vessels Morocco is interested in are European multi-purpose frigates, better known as FREMM, an acronym derived from their French-language...
Dubai dermatology meet sees business deals worth $156.4 million
Dubai Derma Executive Chairman Dr Abdul Salam Al Madani said this year's event records 15% rise in deals over the...
World’s deepest swimming pool opens in Dubai
The Guinness World Records-certified world’s deepest swimming pool, located in Deep Dive Dubai, has been opened but it will be...
DP World makes offer to buy all outstanding shares of Imperial Logistics
DP World expects the deal to build supply chains especially in Africa Imperial Logistics has operations in 25 countries Dubai-based...
Aramco to continue sales of assets in next few years: report
Aramco official says sales to continue irrespective of market conditions The company calls sales a strategy meant to create value...
Container ship blast rocks Dubai port, no casualty
An AFP correspondent at the scene said there was a helicopter circling overhead as smoke rose from the tightly secured...
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains