Qatar’s industrial sector PPI down in Nov on lower oil prices
Doha, Qatar -- Qatar's Producer Price Index (PPI) of the industrial sector in the country for November was 118.65 points,...Business Economy
UAE to press firms with 20-49 staff to hire at least one Emirati in 2024
Dubai, UAE--The UAE's Ministry of Human Resources and Emiratisation (MoHRE) has started implementing the cabinet decision to expand the scope...Business
Versace opens new boutique at Galleria Al Maryah Island
Versace has opened a boutique at the Galleria Al Maryah Island, where it will showcase the Pre-Fall 2021 collectionAudi Middle East H1 sales rise 37%
Audi Middle East has posted a 37% increase in sales in the first half of 2021.Dubai Customs, DP World to launch automation at Jebel Ali Port
The new system will speed up the refund process as customers can now submit refund claims immediately after loading vessels’...Mohammed bin Rashid confirms board and advisory council of Dubai International Chamber
It is part of a recent government restructuring to drive a comprehensive economic development in Dubai It also...Who’s who on Blue Origin’s first crewed flight
Jeff Bezos, 57, will leave behind the planet where he made his vast fortune for a few minutes on a...PIF, Cosco buy stake in Red Sea Gateway Terminal for $280 million
The investment will help to transform RSGT into both a regional and global logistics hub in line with PIF’s mission...Centara to manage 64-unit Oman hotel
The property in question is Al Hail Waves, and is ISAHC’s third in Oman that Centara will manage.Saudi Arabia allows businesses to remain open during prayers
Saudi Arabia has officially allowed businesses to remain open during the five daily Muslim prayers. The decision is said to...Bahrain to tap debt market to tide over financial crunch
The last time the Bahraini Kingdom tapped the international debt market was in January, when it raised $2 billionNon-Arabs invest $87m in UAE markets from Jan-May 2021
Growth indicates a steady capital inflow into the two markets due to the increased investor confidence in UAE capital markets