Business - TRENDS MENA

After Congress gave Trump a big win last week with his fiscal package, the Republican's aggressive trade posture has returned...

DUBAI -- DP World expects to add approximately 3 million Twenty-Foot Equivalent Units (TEUs) of new container handling capacity by...
DP World plans to add approximately 3 million TEUs of new container handling capacity by the end of the year
The firm currently manages about 9% of the world’s handling capacity, ranking among the top five global port operators
Total revenues grew by 7.2% YoY to $590 million.
Net profits attributed to APIC shareholders in the first half of 2023 reached $11.08 million.
Total assets increased by 8.74 percent compared to 2022's closing and reached $756 million.
DUBAI -- The Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has revealed that it...
The combined value of mediation cases received during H1 2023 reached US$11.5 million, with US$5.7 million resolved
Mediation offers advantages such as flexibility, speed, efficiency, and confidentiality, saving time, effort, and money
Riyadh, Saudi Arabia -- The Saudi Ports Authority (Mawani) has added 20 cargo services to the ports of Jeddah, Dammam,...
Transshipments gained 12.19 percent over the prior year’s volume of 1,391,221 TEUs to reach 1,560,790 TEUs in H1 2023.
A total of 5,918 vessels called at Mawani’s ports during this year’s first half, up 10.68 percent year-on-year from 5,347 ships.
Abu Dhabi, UAE -- Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has...
The agreement entails a revolving financing program valued at S100 million, to be renewed annually over a five-year period, ultimately reaching a total of $500 million.
The UAE’s support has contributed to the establishment of 25 silos in 17 governorates of Egypt, increasing wheat storage capacity by 1.5 million tons.
Riyadh-based Ceer is collaborating with Siemens Digital Industries Software to accelerate Ceer’s digital transformation and empower its engineers to design...
The Saudi-German collaboration is focused on accelerating Ceer’s digital transformation, vehicle development, and manufacturing
Siemens Xcelerator portfolio of industry software for vehicle design will be used by Ceer
It posted a jump in net profit in Q2 to US$2.92 million.
The bank said its income was $2.92 million in Q2 of 2023 compared to $1.03 million for the same period last year
Its revenue for the second quarter was $20 million, compared to $17.55 million for the same period last year
Two subsidiaries of the Qatari firm open two branches.
Elegancia Healthcare, established a branch in Iraq in line with the memorandum of understanding that was signed recently to manage and operate several soon-to-be-opened hospitals.
Estithmar Holding told Qatar News Agency that it signed agreements with the Iraqi investment authority worth $7 billion that includes real-estate and tourism development.
Beijing, China -- Saudi Arabia's Minister of Municipal, Rural Affairs and Housing, Majid bin Abdullah Al-Hogail, has held a meeting...
During his meeting with SITEC Group, Al-Hogail deliberated over plans to establish an industrial complex in accordance with the highest pre-casting technology standards.
This complex will encompass finishing materials and an operational model for industrial zones, enabling the delivery of 5,000 units annually.
Muscat, Oman-- Oman LNG has signed an agreement with Securing Energy for Europe (SEFE) to supply 400,000 tonnes of liquefied...
The gas-supply deal looks to boost partnership between Oman LNG and international energy firms like SEFE, paving way for more agreements
The 4-year-long contract evisages supplying a total volume of 0.4 million metric tonne per annum of LNG from Oman LNG to SEFE