Jeddah, UAE--The Arab Tourism Organization (ATO) has signed a partnership agreement with the International Strategic Management (ISM) company to achieve...
Nearly 5% of its workforce will be hit by the cuts.
According to World Bank, the UAE has about 61 automated teller machines (ATMs) per 100,000 adults, much more than the...According to World Bank, the UAE has about 61 automated teller machines (ATMs) per 100,000 adults, much more than the world’s average of 43 ATMs
The central bank digital currency (CBDC) could be launched in the UAE and Saudi Arabia in the next two to five years
- According to World Bank, the UAE has about 61 automated teller machines (ATMs) per 100,000 adults, much more than the...
According to World Bank, the UAE has about 61 automated teller machines (ATMs) per 100,000 adults, much more than the world’s average of 43 ATMs
The central bank digital currency (CBDC) could be launched in the UAE and Saudi Arabia in the next two to five years
Production capacity touched 545,000 tons in the port’s free zone, where 45 countries have investments.The port posted a 168% increase in handling vessel-mounted mobile goods by the end of the second quarter
However, it dealt with 2.3% fewer standard container units within the same duration
The company witnessed a positive shift in many business activities in the UAE in general and in Dubai in particular,...Contributing most to the positive results was revenues from customer contracts.
Financing costs witness a significant decrease of 32 percent in H1 compared to the same period in 2020.
Al Qubaisi served as a VP at Mubadala Investment Company.ADES, a TAQA subsidiary, is responsible for retrofitting government and commercial buildings.
TAQA expects the appointment shows its ambition to become a champion for low carbon power.
Increased international interest has been a key factor in driving residential transactions to near-record levels. Dubai’s handling of Covid-19 pandemic...Residential transaction volume totaled 14,426 units, a rise of 35.48 percent from Q1 2021.
Palm Jumeirah saw the highest increase in villa rents, at 3.9 percent Q-o-Q.
Taking a direct hit from the Covid restrictions, BinDawood, the Saudi supermarket retailer, has reported a 50 percent dip in...The retail supermarket said net profit in the quarter ended June 30 was 95 million riyals ($25.33 million),
The second quarter of last year "benefited enormously from pantry-buying in response to lockdowns"
Damac Properties, the Dubai-based developer, posted a net loss of $27.5 percent for the second quarter as compared to the...Lower quantum of revenue recognition and product mix impacted adversely
The better performance of the company has been attributed to improvement in the property market
The company will supply dairy products to Address Beach Resort.Nestled in the scenic Hajar Mountains overlooking the Gulf of Oman, Address Beach Resort Fujairah officially opened its doors on Jul 15.
Rumailah Farm currently operates two coffee shops on the UAE’s East Coast, in Fujairah City and Dibba.
A total of 465 fintech companies in the region are expected to raise over $2 billion in venture-capital funding, compared...The fintech sector in the Middle East has been growing at a Compounded Annual Growth Rate (CAGR) of 30%
Close to 47% of the fintech deals in 2019 were sealed in the UAE and nearly half of the fintech firms in the region are based in this Gulf country
