Duncan O’Rourke, CEO, Premium, Midscale, and Economy Division for Middle East, Africa and Asia Pacific at Accor, spells out the...
Dubai, UAE -- The Middle East and North Africa (MENA) region has kicked off 2025 with a record-breaking first quarter...
Nearly 140 countries have taken a first step towards reaching agreement on a fairer distribution of tax revenues from multinational...Multinationals, especially tech firms, are currently able to easily shift profits to countries with low tax rates.
In 2021, in talks led by the OECD, an agreement was reached on a minimum tax rate of 15 percent on multinationals.
New firm is a $54 million corporate venture capital fund.Funded by Agthia and its parent company ADQ, Agthia Ventures will be managed together with Touchdown Ventures.
Agthia Ventures will help entrepreneurs through access to the firm’s extensive industry knowledge, diverse distribution networks.
Dubai, UAE -- Saudi Arabia's film production sector grew by 28 percent by the end of the second quarter of...The highest regions in terms of records are Riyadh with 953 records, Makkah Al-Mukarramah (501), Eastern (155), Madinah (51) and Qassim with 22 records.
In 2022, more than 14 million cinema tickets were sold, up from 13 million in 2021, according to data from the General Authority for Audiovisual Media.
"We are increasing production to 126 MTPA, and we have another 16-18 metric tons per annum (MTPA) out of the...QatarEnergy will supply 40% of all new LNG entering the market by 2029, says Qatar's Minister of State for Energy Affairs
The firm plans to increase production to 126 MTPA, with an additional 16-18 MTPA from the US coming online next year
It also completes conditions for a joint venture.There is no change in the associated costs related to the event, Maaden noted.
Maaden has posted a net profit of SAR 419.4 million ($111 million) for the first quarter of 2023.
It is for capital expenditure of T4-NGS satellite program.The program, the next-generation telecommunications system for Thuraya, is scheduled to begin operational service in H1 2025.
The total cost of the program is up to $550 million, including manufacturing, launch, insurance and new ground infrastructure.
Dubai, UAE -- Abu Dhabi Islamic Bank (ADIB) has raised $750 million in the world’s first dollar denominated additional tier-one...ADIB priced the perpetual non-call, five and half-year sukuk at a profit rate of 7.25 percent per annum payable semi-annually.
The final order exceeds $7 billion more than nine times over-subscribed and final pricing 62.5 bps tighter than the initial pricing thoughts.
DUBAI, UAE – Dubai Chambers is taking a big initiative for ensuring that businesses in the emirate provide excellent customer...Service Excellence Program will evaluate the quality of customer experience through mystery shopper reports.
The initiative will ensure the implementation of global best practices within Dubai’s business community.
A minority stake in Breakwater Energy cost it US$100m.The group by virtue of its new acquisition will become part owner of a profitable and cash-generative, diversified global upstream portfolio
It poured some US$2.72 billion last year into Abu Dhabi National Energy Company (TAQA), an integrated utility champion in the EMEA region
Riyadh, Saudi Arabia--ROSHN, the Saudi real estate developer, has signed a memorandum of understanding (MoU) with the Expenditure and Project Efficiency...The partnership between the two will increase the sustainability of the PIF-backed giga project and also ramp up its activities
The cooperation with leading groups in the nonprofit sector is designed to lift up the quality of life for the underprivileged families
