Business - TRENDS MENA

As most currencies in the region are pegged to the US dollar, monetary policy follows the decisions taken in Washington,...

Dubai, China - The roadshow of Dubai Chamber of Digital Economy across five cities of China saw the participation of...
The delegation held more than 55 business meetings in cities such as Shanghai, Shenzhen, Hainan, Jinan, and Beijing
These meetings served to introduce Chinese companies to Dubai's thriving digital ecosystem and facilitate their potential expansion into the emirate
The firm's profit after tax rose 22 percent to $3.9 billion.
Profit after tax rose 22 percent to $3.9 billion in six months to the end of June from a year earlier, Unilever said in a statement
British consumer goods giant Unilever said it gained 497 million euros from the sale of personal-care business Suave in North America
The group's public market portfolio stands at $9.1bn.
The profit from Multiply Group’s operating entities witnessed a surge of 33.6% in Q2 2023, compared to the same period last year
Multiply Group is seeing more value accretive acquisition opportunities emerge globally across its operating verticals and investment arm
Kuwait City, Kuwait--The Kuwait National Petroleum Company (KNPC) has exported the first shipment of 95 octane motor fuel and low-sulfur...
The deputy CEO of the company said that the first shipment was loaded on board the oil tanker Pacific Sarah from Mina Al-Ahmadi
He said the shipment was dispatched in close cooperation and coordination with Kuwait Petroleum Corporation's international marketing sector
It will enable Saudia Cargo to widen network in Europe.
As per the terms of the deal, Saudia Cargo will use Jan de Rijk's extensive trucking network to shore up its operations in Europe
Set up in 1971, Jan de Rijk Co, is a leading provider of European transportation, distribution services, and supply chain management solutions
Abu Dhabi, UAE - The foreign direct investment (FDI) in the individual category within Abu Dhabi's real estate sector has...
Saadiyat Island claimed the top spot with 34%, followed by Yas Island at 28%, Al Jurf at 12%, Al Reem Island at 11%, and Al Shamkha area at 8%
Earlier in June, Fortinbras Enterprises, a New York-based firm, made a strategic investment in Peninsula Real Estate, an Abu Dhabi-based property investment company
NEOM, the Kingdom's futuristic city, hosts Volocopter's pioneering eVTOL aircraft test flights, marking a substantial stride towards sustainable, smart mobility.
NEOM, the Kingdom's futuristic city, hosts Volocopter's pioneering eVTOL aircraft test flights, marking a substantial stride towards sustainable, smart mobility
'Taxi ports', air traffic systems, private sector participation, and new regulations are crucial to futuristic transportation to ensure safety and efficiency in mobility
The painful PMI data comes as the European Central Bank is eyeing a further rate hike this week in its...
"The eurozone economy will likely move further into contraction territory in the months ahead, as the services sector keeps losing steam."
The eurozone's struggles were fueled by steep downturns signaled by surveys from economic powerhouses France and Germany.
Osaka, Japan - Paris Saint-Germain have given Saudi club Al Hilal permission to speak to Kylian Mbappe after tabling a world...
The Riyadh-based club has made a formal offer by letter, a source told AFP, but such a transfer could only be made with the agreement of Mbappe.
Mbappe has one year left on his contract with PSG, who want him to leave now rather than for nothing next summer.
Dubai, UAE -- Dubai's position as the leading hub for international dispute resolution has been further strengthened as the Dubai...
The total value of 455 cases filed reached AED 15 billion. The Court of First Instance (CFI) witnessed 52 cases with a total value of AED 14.9 billion.
The cases spanned various sectors, including banking and finance, real estate, construction, manufacturing, retail, hospitality, and maritime.