- It will provide health insurance to SABIC staff and their families.
The contract revenue is forecast to exceed 10 percent of Bupa Arabia’s annual gross written premiums (GWPs) for 2022, Argaam said.
The relevant financial impact will likely appear on the insurer’s 2023 and 2024 financial results. The contract included no related parties.
- St. Petersburg, Russia-- The UAE is seeking to strengthen economic cooperation with many countries in the world in order to...
The ruler of Ras Al Khaimah was speaking at the opening session of the St. Petersburg International Economic Forum 2023 as the representative of the UAE
He drew attention of the audience to the efforts being accelerated in the UAE to enhance prosperity and deepen stability, as well as diversify non-oil revenues and investments
- The American aircraft manufacturer estimates 48,575 planes will be in service in 2042, compared with 24,500 last year. This will...
North America will take 23 percent of these new planes, the Asia-Pacific region 22 percent, Eurasia 21 percent and China alone 20 percent
Boeing also expects low-cost carriers to more than double in size over the next 20 years-- substantial growth, but slower than the past 20 years
- Doha, Qatar-- In order to remove obstacles facing the gold and jewellery sector in the country, Qatar Chamber has reviewed...
The chamber meeting discussed bottlenecks facing the sector and the proposals received by the committee as per the results of a survey conducted last month
In order to develop the sector, the gold and jewellery committee was recently established to address and discuss the issues facing the sector in the country
- According to a report by the FAO, the world food import bill is forecast to touch a new record this...
The FAO's biannual report warns that the decline in food import volumes is a "concerning development", indicating a decline in purchasing capacity
The report further says that world wheat production in 2023 is expected to drop by 3.0 percent from its all-time high of 777 million tonnes in 2022
- While the startup ecosystem flourishes in the Middle East and North Africa region, concerns arise over the durability of investments...
Despite a 20% drop in venture capital investments in Q1 2023, the startup ecosystem in the Middle East and North Africa region remains resilient, say experts
Concerns over the sustainability of investments and banks' ability to support SMEs have arisen amid the ongoing global banking crisis, they add
- SHARJAH, UAE - The Sharjah Roads and Transport Authority (SRTA) said it transported about 38 million passengers, throughout the year...
The beneficiaries of taxi services and franchise companies within the emirate amounted to 29 million passengers.
The total beneficiaries of bus services amounted to about 5.3 million, with an average of 14,500 passengers per day.
- RIYADH, SAUDI ARABIA - The Zakat, Tax and Customs Authority (ZATCA) has set the criterion for selecting target establishments in...
ZATCA said that it will notify all targeted establishments in preparation for linking the electronic billing systems with the Fatoora platform, starting January 1, 2024.
It stressed that phase II includes additional requirements including issuing E-invoices based on a specific format.
- DOHA, QATAR- The Industrial Production index (IPI) of Qatar for April 2023 reached 106.4 points which is an increase of...
The index of the mining sector showed an increase by 3.2 percent compared to the previous month (March 2023).
For manufacturing the index of this sector showed an increase by 0.5 percent compared to the previous month (March 2023).
- ABU DHABI, UAE - Abu Dhabi Department of Economic Development (ADDED) has partnered with Valeo to develop the automotive industry...
Valeo plans to explore new areas of development by integrating its advanced technologies and its sustainability vision in green cities.
The agreement to design and manufacture electric and autonomous driving car components will improve smart and sustainable mobility.





















