Ajman, UAE -- The real estate sector in the Emirate of Ajman recorded real estate transactions worth AED 12.4 billion...
Washington, United States - Beverage giant Coca-Cola has agreed to use real cane sugar in its US production, President Donald...
But the toy giant's market share grew as sales rose slightly.The company's CEO said revenue surged 10 percent faster than the market, as its revenue touched $4 billion in the first half of 2023.
Lego credited the growth in revenue to success of products like Star Wars and Lego Icons, also including Lego City, Lego DREAMZzz.
Combining elements of everything from boxing to judo and Muay Thai, mixed martial arts (MMA) had a limited following in...It is the first deal sealed by SRJ Sports Investments, a new company unveiled earlier this month by the Saudi fund known as the Public Investment Fund.
Sports have been a major component of the oil-rich Gulf kingdom's effort to rebrand as a global business and tourism destination under the Vision 2030 reform agenda.
Strong capital inflows, a young and growing population and growing awareness about asset management will drive the sector's growth in...The rise of a middle class is increasing the demand for investment products and services.
Strategy& Middle East estimates that currently more than 70 percent of regional private wealth is in offshore accounts.
The results are buoyed by record non-oil exports, which reached AED 205 billion in H1 2023, an 11.9 percent growth...Imports increased to AED 693 billion, up 17.5 percent compared to the first half of 2022 and 2.6 percent more than the second half of 2022.
China has retained its position as the UAE’s leading global trading partner, followed by India, the US and Saudi Arabia.
Riyadh, Saudi Arabia -- Saudi Arabia’s imports from Gulf Cooperation Council (GCC) countries fell 19 percent year-on-year (YoY) to SAR...UAE accounted for 65.6 percent, or SAR 3.61 billion, of the total Saudi imports, down 13 percent YoY, Argaam reported.
The Kingdom's imports from Qatar only registered a growth (of 49 percent) to SAR 48 million, from 32 million a year ago.
- The mood was brightened by a report that China's biggest state-backed banks would slash rates on mortgages and deposits as...
A separate report revealed consumer confidence falling owing to concerns about jobs, higher rates and lingering inflation.
The readings come ahead of the release of the Fed's preferred gauge of inflation -- the personal consumption expenditures price index -- this week.
- Dubai, UAE--Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the U.S.,...
U.S. West Texas Intermediate crude futures gained 38 cents, or 0.47%, to $81.54, logging its fifth session of gains
According to some analysts, the bigger-than-expected draw in U.S. crude oil stockpiles is positive for the oil market
According to a report by asset management firm Janus Henderson, payouts to shareholders are expected to grow further in spite...The report said banks accounted for half of the world's dividend growth as their margins were boosted by interest rate hikes
Nestle, Swiss food giant, was the world's biggest dividend payer, followed by British bank HSBC and German automaker Mercedes-Benz
Welcoming back potentially misleading political messages at X came less than a week after former president Donald Trump posted there...X, formerly known as Twitter, said in a blog post that allowing political ads, starting in the United States, was "building on our commitment to free expression"
X policies prohibit promotion of false or misleading information, including bogus claims intended to undermine confidence in an election, the blog contended
Riyadh, Saudi Arabia-- The GCC countries are "actively engaging" with international and regional organizations in order to establish strategic partnerships...The secretary general of the GCC made the remarks in a meeting with the ambassadors of the MIKTA Group in Riyadh
The MIKTA Group comprising of Turkey, Indonesia, Mexico, Korea, and Australia is keen to consolidate cooperation with the GCC
