Bahrain and Slovakia to ramp up cooperation in urban planning
Manama, Bahrain-- Bahrain and Slovakia are looking to ramp up the ongoing cooperation in urban planning and sustainable development.In this...Business Economy
Cinema ticket prices in Saudi Arabia decline by 16% in 2023
Riyadh, Saudi Arabia - The average cinema ticket prices decreased by over 16% in 2023 compared to the previous year,...Business Economy
Stella Stays eyes $12bn Bahrain push
This is part of its expansion plans in the Middle East region.Stella Stays operates a portfolio of managed properties in the UAE, Bahrain and Canada
The startup, launched in late 2019, has grown to manage nearly 300 properties as of August
Israel mission in Dubai eyes Gulf oil deal
Environmentalists had voiced anger over the plan to ship Emirati crude to Israel's Red Sea port of Eilat.Ilan Sztulman Starosta, who heads Israel’s first consulate in Dubai, expects the trade between the two countries to surpass $1 billion within a year.
About 200,000 Israelis have visited the UAE since the establishment of ties.
Ooredoo’s B2B app makes business solutions easier
Free to all Ooredoo business offers customers with around the clock access and two secured log-in access levels.Free to all Ooredoo business offers customers with around the clock access and two secured log-in access levels
Employees can view their own accounts, pay personal bills, top-up credit and add roaming services
Consortium awarded exploration rights for Abu Dhabi’s Block 5
ABU DHABI: The Abu Dhabi National Oil Company (ADNOC) on Tuesday awarded exploration rights for Abu Dhabi’s Offshore Block 5...The consortium will hold a 100 percent stake in the exploration phase.
ADNOC has the option to hold 60 percent stake in production phase of the concession.
Sports sector adds $1bn to Dubai economy each year
The growth in the sector is a result of the Dubai community’s increasing interest to participate in sports activities over...Around 1.5 million people regularly engage in sports and physical activities in the emirate, acccording to the Dubai Sports Council
This has led to an increase in the number of national and international sporting events being hosted in Dubai
HSBC offering Saudi’s first climate-focused investment fund
DUBAI: HSBC Saudi Arabia has said it is offering the first environmental initiative investment fund in the kingdom, which will...The fund will provide customers participation and direct access to investments that help reduce the impact of climate change.
SABB’s Corporate & Private Banking clients among suitable clients in the kingdom.
DEWA’s sustainability report out
It focuses on social, economic and environmental aspects.The 8th annual Sustainability Report 2020 focuses on DEWA’s efforts in promoting sustainability with its social, economic and environmental aspects
The authority follows the best international practices as well as sustainable and integrated systems that ensure providing value-added services
Jeddah Islamic Port ranks 37 on Lloyd’s list of 100
Jeddah Islamic Port, the largest in Saudi Arabia, has ranked 37 on Lloyd’s list of top 100 global ports in...The 2021 edition of Lloyd’s list of top 100 ports was recently published, measuring the annual container throughput volumes of global ports in 2020
Jeddah Islamic Port had reported a growth of 6.8 percent in 2020, with volumes increasing to 4.7 million TEUs (twenty-foot equivalent unit) from 4.3 million TEUs in 2019
Work starts on Egypt’s $9bn high-speed train
Work began on Egypt's $9 billion first high-speed train project, connecting the Red Sea coast with the Mediterranean coast, across...Egypt began implementing its first high-speed train project
The Egyptian contracting companies are completing the preparation of the road
Dubai Metro to open Jumeirah station on Sept 1
The station would be opening well ahead of the beginning of the Expo 2020 Dubai events, which it will be...The station is expected to be able to serve 11,555 riders per hour during peak times, and about 250,000 riders per day
It has two train-boarding platforms, four bus stops, and 20 taxi stands to pick up and drop off riders, along with hundreds of free parking spaces in its surroundings
