Dubai, UAE-- The World Governments Summit (WGS) has ushered in a new decade of positive impact, inspiring governments and societies...
Dubai, UAE-- The UAE's economy has recorded the best growth rates in comparison to other economies in the region, according...
DXB is currently serving 68 percent of the destinations in 94 percent of the countries on 70 percent of the...Dubai Expo 2020 and Dubai Airshow 2021 may increase passenger numbers in months ahead, says CEO.
India DXB’s top destination country by traffic volume in H1 with passenger numbers exceeding 1.9 million.
TAQA, the Abu-Dhabi government’s energy holding company, has reported a 42 percent jump in its net income for HI 2021...Company says revenues up 11 percent year-on-year due to higher oil and gas commodity prices
The company recorded revenues of AED 22 billion, 11 percent up on the previous year, due to higher commodity prices in the oil and gas segment
In a sign of economic rebound in Saudi Arabia, banks in the kingdom are reporting better than expected financial results...In the second quarter of 2021, Saudi banks reported a net profit of $2.94 billion
The Saudi British Bank (SABB) saw the highest growth among nine Saudi banks that reported a rise in their quarterly incomes
Following a 2018 reform in the Kingdom that allowed for a first time the 100 percent foreign ownership of companies,...In none of the quarters since 2005 has such a number of licenses been issued, according to Saudi investment ministry.
Manufacturing sector accounted for the bulk (114) of new licenses issued followed by e-commerce and construction (78 each).
The UAE is the highest ranked in the region, and the fourth country globally, in terms of overall global connectedness.Ranks third among the world’s seven regions and is well above the global average.
UAE is the highest ranked in the region, and the fourth country globally, in terms of overall global connectedness.
Higher fuel volumes, improvement in non-fuel and commercial gross profit margin and increased operational efficiencies made in the first half...The company’s fuel volumes saw progressive recovery towards pre-COVID-19 levels.
In H1 2021, the company received no objection certificates from the Saudi General Authority for Competition to acquire 35 stations in the kingdom.
- The owner of Dubai Mall attributes 80 percent jump in net to recovery in retail sector.
Mall operator reports higher visitor spends, online sales
Net profit for January to June 2021 reached 622 million dirhams ($169 million), registering an 80 percent increase
Nigeria was the largest West African export market for member companies, accounting for a 32 percent share of the value...Plastics accounted for 31 percent of exports, followed by electrical machinery/electronics (14 percent)
Commodities with the highest untapped potential for export and re-export include polyethylene, sugar cane and rice, trigger batteries.
The sale is part of UAE-Japan industrial cooperation and development of ammonia supply chains.ADNOC sold its first cargo of blue ammonia to Japan's Itochu on Aug. 3.
Sales part of UAE-Japan industrial cooperation and development of ammonia supply chains.
New license for professionals to be issued by ADDED allows 100 foreign ownership of a business. ADDED also highlighted that...ADDED will also issue a form of service agent agreement to streamline the relationship between partners.
604 activities covered under the license, including accounting, training, consultancy, beauty centers.
