Business - TRENDS MENA

Speaking at an event in New Delhi, Abdullah bin Touq Al Marri, the UAE’s Minister of Economy, said that the...
The minister said that the two countries were speeding up efforts to develop both economies and adopt plans that support vision for expansion
Al Marri noted that the UAE is interested to support Indian government's plan to lift the country's GDP to US$5 trillion by the year 2025
RAS AL KHAIMAH, UAE - A top-level delegation from Ras Al Khaimah Economic Zone (RAKEZ) recently concluded its trip to...
The RAKEZ delegation interacted with prominent Chinese business owners from a range of sectors.
The team traveled through Shanghai, Suzhou, Qingdao, Tianjin, Guangzhou, Foshan, and Zhuhai.
Dubai, UAE -- A total of 3,321 real estate transactions worth AED11.1 billion ($3.02 billion) were conducted in Dubai during...
The DLD report showed that 220 plots were sold for AED 2.54 billion, 2,398 apartments and villas were sold for AED 5.85 billion.
Wadi Al Safa 3 recorded the most transactions for this week by 61 sales transactions worth AED 728.44 million.
RIYADH, SAUDI ARABIA- The Public Investment Fund (PIF) announced the establishment of Badael Company, which aims to develop, manufacture and...
Badael aims to address the negative impact that smoking has on the well-being of the Saudi population.
The company’s products are expected to help nearly one million people give up smoking by 2032.
The company had posted a loss of 3.2 million riyals the previous year.
The growth in net profit was driven by a 141 percent year-on-year (YoY) surge in revenue to SAR 1.4 billion.
The company's board also announced that SAR31.50 million in dividends was distributed to the company's shareholders.
AJMAN, UAE - Ajman hotels and serviced apartments recorded a three percent growth in hotel revenues in the first quarter...
Ajman tourism is looking for new ways to collaborate with local and international partners to advance the tourism sector by attracting new investments.
The emirate of Ajman hosts 44 hotel establishments ranging from 1-star to 5-star hotels, resorts and luxury hotel apartments with 3,997 hotel rooms.
Jet makers, airline executives and hotel tycoons at this week's Qatar Economic Forum spoke of an apparently insatiable demand for...
William Ellwood Heinecke, the owner of the Minor International hospitality group, said that in Q1 2023 the number of Chinese tourists in Thailand was 85% lesser than in 2019.
"I think we are definitely in rebound, but more importantly we haven't seen China come back yet," he said, predicting the boom would be completed in the second half.
Abu Dhabi, UAE -- UAE's Federal Authority for Identity, Citizenship, Customs & Port Security has asked transporters in the Emirates...
Those who fail to register by this date will be fined AED1,000 for the first month, and AED100 for each subsequent month, with a maximum of AED5,000.
The registration in the system shall be carried out by the target groups, through the license holder or his legal representative.
Neuralink said clearance from the US Food and Drug Administration (FDA) for its first in-human clinical study is "an important...
The aim of Neuralink implants is to enable human brains to communicate directly with computers, the Tesla boss said
Elon Musk said the company would try to use the implants to restore vision and mobility in humans who had lost such abilities
Dubai, UAE - DP World cut direct carbon emissions from its global operations by 5 percent last year, according to...
The ESG report, published Thursday, has been developed in accordance with the latest Global Reporting Initiative (GRI) Standards
DP World has already committed to becoming carbon neutral by 2040 and net zero carbon by 2050 in line with the UAE’s 2050 net zero