13 million merchandise tons shipped via special corridor, says Ukraine
The corridor was created in August to link Ukraine's ports to the Bosphorus Straits, several weeks after Moscow refused to...Business
Saudi EXIM Bank ink $51bn deal with Turkish firms
Riyadh, Saudi Arabia - Saudi EXIM Bank signed line of credit agreements worth $51 million with Türkiye Finans Katılım Bankası...Business
Dubai Chambers reform aims to raise annual foreign trade to $540 billion
The emirate’s annual trade stood at $320 billion in 2020 Foreign trade focus likely on high-growth markets like Latin America,...
Mubadala sells 4.5 percent Oil Search stake for $275m
Abu Dhabi’s sovereign wealth fund Mubadala Investment Company has offloaded A$363 million ($274.82 million) share in Oil Search, which has...
51% MENA businesses face financial crime risks: Refinitiv
Growth in digitalization has led to an increased risk of cybercrime Risk and compliance practices may fall short of global...
Lufthansa Technik to provide technical expertise to Joramco
The agreement will allow Joramco to enhance its in-house capabilities LTME will relocate a number of its spares to Joramco...
UAE and Israel to sign more cooperation deals
The two countries normalized ties last year Israeli foreign minister calls new consulate a 'center of cooperation' The United Arab...
Emirates NBD expects UAE GDP to grow by 1.5 percent in 2021
Revenues to grow 12 percent on higher oil prices and taxes A 7 percent increase in total government expenditure also...
Saudi Arabia mulls industrial zone in Oman
Saudi Arabia has launched a plan to wean the economy off oil Oman said it will start granting residence visas...
Qatar’s Ahli Bank looks to raise up to $500 million via bonds
The bank is bucking the trend of Additional Tier 1 bond issued There have been relatively few senior bond sales...
Etihad to continue with ‘Verified To Fly’ travel platform
Abu Dhabi – Etihad Airways will continue to use the 'Verified To Fly' platform, which allows travelers to validate their Covid-19...
Saudi Arabia is 2nd in Global Cybersecurity Index
The kingdom also ranked first in the Arab world, Middle East, Asia Cybersecurity authority said it would continue efforts to...
