QEWC market share in supply of electricity was 61 percent.
The group plans to deliver "around 800" aircraft in 2024.
Travelers from these countries need not quarantine on arrival in Abu Dhabi.Travelers from these countries need not quarantine on arrival in Abu Dhabi.
The list is effective from 12am (UAE time) Friday and subject to change based on global Covid-19 developments.
The term loan facility reduces by $1 billion the size of EGA’s existing seven-year $6.5 billion loan facility signed in...Middle East’s largest aluminum maker expects loan to enable optimal dividend policy for shareholders.
The company could be listed if shareholders wish, says CFO.
The customs authority has foiled more than 1,000 attempts to smuggle prohibited items into Saudi Arabia.Zakat, Tax and Customs Authority processes $80 bn worth of inbound and $34 bn outgoing goods.
About153,000 inspections carried out in the kingdom detect more than 20,000 zakat and tax violations.
Saudi Arabia’s General Authority of Civil Aviation has accepted the pass as a valid way of confirming Covid-19 test.Eventually this acceptance will be expanded to vaccine certification
Travelers to and from Saudi Arabia will soon have the choice of using either the Pass or the national health app
A recent report by real estate firm Chestertons said value of residential transactions increased by nearly 50 percent during the...Mortgage deals worth AED104.87 million and 12 gift transactions amounting to AED22.86 million also recorded.
Completed property sales accounted for 71 percent of total transaction value and 59 percent of volume in Q2.
Timely preventive measures such as vaccination of frontline construction workers, embracing new technologies , financial stimulus packages, loan relaxation and...HSBC Bank expects the rally in Dubai’s real estate sector to last several years.
Dubai’s prime properties snapped up fast owing to low prices.
Drake & Scull International (DSI) has reported a net profit of $21.2 million for the first half of 2021. The...As of June this year, accumulated losses amounted to 4.82 billion dirhams, compared to 4.9 billion dirhams at the end of December 2020
The losses have been attributed to, among others, the work in progress and contract receivables in the company’s legacy projects
The United Arab Emirates (UAE) and Saudi Arabia are engaged in a new bout of competition that could decide which...The UAE has a market share of logistics industry is 42% (US$60 billion) compared with Saudi Arabia’s share is 25%
As the share of maritime trade is 70% of the global trade, sea freight is the main mode for cargo delivery is logistics and transportation in the GCC region
The Saudi low fares airline, flyadeal, has signed a long-term Flight Hour Services (FHS) agreement with Airbus to support its...The carrier will benefit from integrated material services including spare pool access
The agreement includes the 1,000th aircraft supported by Airbus Flight Hour Services
- Saudi Arabia ranked first for Bahrain-origin exports and re-exports. Portable digital automatic data processing machines were the top product re-exported...
Unwrought aluminum and agglomerated iron ore and concentrates top two exports.
Brazil, China and UAE top three importers for Bahrain.
