flynas flies over 11m passengers in 2023, up 28 percent from 2022
RIYADH, SAUDI ARABIA – flynas reported record results for its performance in 2023 compared to the previous year 2022, with...Business Aviation
Bitcoin crosses $45,000 for first time since April 2022
Dubai, UAE--Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022.Bitcoin touched a 21-month peak of $45,532,...Business
AlSagr shareholders shout ‘no’ 15 times to reject 15 of 20 items during AGM
Not once, or twice, or even five times, AlSagr shareholders shouted no 15 times to reject three-quarters of the items...Appointment of Baker Tilly and Alkharashi & Co. as external auditors among proposals rejected
Investors also refused to endorse contracts involving firms with links to some board members
Trade between Dubai, Germany crosses $6.7 billion in 2020
Ambassador of Germany to the UAE 'impressed' with the free zone’s infrastructure Trade between two countries expected to grow more...Dubai Airports to add 3,500 jobs as key terminals reopen this week
Opening terminals will boost the airport's PCR testing capacity 3500 employees will either be new hires or the ones waiting...Halliburton wins key Kuwait Oil Company contract
Projects expand collaboration across all Kuwait fields to increase production and recovery The US group will collaborate with KOC...Sharjah explores new avenues of cooperation with Guatemala
The focus of the discussions was particularly on renewable energy, culture, and tourism They also explored the opportunities available...Saudi Arabia and Indonesia set up a task force to look at investment opportunities
Indonesia invited Saudi Arabia to invest in Bank Sharia Indonesia, the nation's largest sharia compliant bank It could also...Bahrain’s Batelco looks to dual list on Tadawul, could be first to do so
Bahrain’s biggest telecommunications firm has hired the investment arm of Samba Tadawul has been trying to encourage Middle Eastern...New weekly container ship service to connect Cochin, Chennai ports with MENA
The new service is jointly operated by a global shipping line --Evergreen Line, and feeder operators--Feedertech and Express Feeders...Richard Leopold is new Bentley Regional Director for UK, Middle East, Africa, India
Leopold replaces Sarah Simpson who leaves Bentley to join Porsche GB as CEO. The UK, Middle East, Africa...Saudi insurance merger to create massive investment fund
The merger will create cost savings of tens of millions of riyals GOSI and the PPA are major investors in...