Saudi’s Maaden announces discovery of new gold reserves
Riyadh, Saudi Arabia - Saudi Arabian Mining Company (Maaden) on Thursday announced a discovery of substantial gold reserves, marking a...Business
Volkswagen to stop sale of combustion engines in EU by 2035
The EU will unveil tougher 2030 CO2 emissions targets and regulatory proposals on July 14 The firm says it will...
Study puts UAE food & beverages sector at ‘medium risk’
Key challenges faced by the UAE food and beverages sector are limited pricing power, a surge in transport costs, and...
Yahsat announces IPO, aims to raise above $800m
Offer price range has been set at AED 2.55 to AED 3.05 per share The IPO will continue till 6...
A Kuwaiti online flower delivery company raises $27.5 million
Floward, founded in 2017, offers same-day delivery for fresh-cut flowers The firm also announced an expansion to the UK late...
Ajman posts Dh931 million property deals
A total of 557 property deals worth Dh931 million were recorded in Ajman in April 2021 Dubai’s realty sector posted...
Traditional airports need to become ‘smart’
Smart counters reduce waiting time, queues, waiting time at passport control, security check, duty-free and other outlets Online check-in by...
Saudi Aramco chairman Yasir Al-Rumayyan joins Reliance Industries Board
Saudi Aramco chairman and Governor of the Kingdom's Public Investment Fund, Yasir Al-Rumayyan, has been inducted into the board of...
Alpha Dhabi plans IPO, ADX listing with $2.2-billion capital
Alpha Dhabi also announced that it was moving ahead with its initial public offering The IPO may comprise a sale...
Fledgling UAE rail network step towards bridging the Gulf
When completed, Etihad Rail will operate 1,200 km of track connecting all of the emirates *Authorities believe freight train will...
Suspected cases of corporate collusion in Saudi Arabia surge in 2021
The value of the project under investigation $267 million From 15 in 2019, cases rose to 86 in 2021 Cases...
