Riyadh, Saudi Arabia - Saudi Arabia drew 27 million foreign tourists in 2023 and has more than doubled its goal for...
QatarEnergy will supply 7.5m tons of LNG per year to Petronet.
The rebranding of AXA to GIG will happen in the next few months.At $474.75 million, the deal is the largest insurance acquisition in the region.
The transaction expands GIG’s insurance business portfolio, bringing the Group into two new markets in Oman and Qatar.
The figures indicate that the property market, particularly the residential market, is recovering after hitting a low at the start...A total of 37,537 sales transactions worth 88.12 billion dirhams were made by August end, which is 22.61 percent higher than the value of deals made in 2020.
The entire year of 2020 had 35,401 sales transactions worth 71.87 billion dirhams.
Two key Dubai firms — Dubai parks operator DXB Entertainments and Dubai ports operator DP World — have de-listed from...Companies in MENA region, once enticed by the prospect of growth, looked to be listed on global exchanges
However, mandates like following transparency norms are putting them off even further
Adnoc Drilling is the largest national drilling company in the Middle East by rig fleet size.Adnoc retains the right to increase the size of the offering at any time before pricing of the IPO
It will continue to own a majority of Adnoc Drilling’s share capital after the IPO
The proposed merger of Emaar Properties and Emaar Malls received a boost when the capital market regulator, Securities & Commodities...The proposed merger still requires shareholder approval
As per the proposal, the existing business of Emaar Malls will be reconstituted in a wholly owned subsidiary of Emaar Properties
The two sides have not had a mutual FTA for more than 10 years now.South Korea and the GCC agreed to negotiate an FTA in 2007, but talks have been stalled since 2009
Now, Korean Trade Minister Yeo Han-koo will soon meet his UAE counterpart Thani Al-Zeyoudi virtually in this regard
Through it, the bourse aims to drive the embrace of Corporate Sustainability in the Kuwaiti capital market.The guide will introduce the ESG universe to companies listed on the stock exchange
It will also highlight the benefits of ESG disclosure and best practices
The contract is to supply AC systems to Saudi schools.Zamil Industries unit Zamil Air Conditioners has got the contract from Tatweer Buildings Company
The contract is worth SAR44.1 million ($11.7 million)
Its board of directors has okayed a 33% hike in its capital.Emaar EC will now put the approval plan to shareholders' vote
This will happen at the extraordinary general meeting to be held on September 12
IKK Mateenbar will produce non-corrosive fiberglass rebar.New corrosion-free material could support the kingdom in achieving its carbon neutrality targets.
Extreme temperatures and high levels of salinity make the kingdom one of the most corrosive environments for steel rebar.
