New Delhi, India -- The Indian Premier League's business value has been estimated at $18.5 billion with reigning champions Royal...
Algiers, Algeria - Algeria's state-run hydrocarbon company Sonatrach and the Italian energy company Eni on Monday signed a production sharing...
Saudi Arabia emerges as an appealing market for foreign corporations interested in M&A deals due to rising global crude oil...Saudi Arabia emerges as an appealing market for foreign corporations interested in M&A deals due to rising global crude oil demand, Vision 2030, and private sector development
Digital transformation and ESG considerations are shaping businesses, leading to an upward trend in 'green' related acquisitions in the Gulf as investors get more eco-friendly
SAMARKAND, UZBEKISTAN - The UAE, represented by the Ministry of Finance (MoF), participated in the 2023 Annual Meeting of the...Representatives of member states, private sector, the Board of Directors and the bank's management attended the meeting.
The UAE said focus should be on enhancing regional, global integration, to facilitate trade, investment and closer economic cooperation.
Dubai, UAE -- Dubai real estate market recorded deals worth more than AED 1.7 billion (on Thursday, Dubai Land Department...The deals include 451 sales transactions worth AED1.48 billion, in addition to 110 mortgage deals of AED245.8 million.
April 2023 was the best month in a decade for Dubai's real estate market, both in terms of the number of transactions and the value of these deals.
- DUBAI, UAE- IFZA Dubai signed an agreement with Zoho to provide the members of the IFZA Free Zone community with...
Zoho One is a cloud-based platform that enables businesses to perform all their functions on a single interface, accessible from anywhere.
It is a part of IFZA’s commitment to support its Free Zone community in their compliance to the upcoming implementation of the Corporate Tax.
BT employs 130,000 staff, including contractors.The news follows the axing this year of tens of thousands of jobs across the global tech sector.
BT is implementing further cutbacks, having slashed costs under a plan launched three years ago.
ABU DHABI, UAE - Abu Dhabi Future Energy Company (Masdar) has announced that it has nearly doubled its clean energy...Masdar announced that it has nearly doubled its clean energy capacity and CO2 displacement in just two years.
Masdar has invested, or has committed to invest, in projects globally with a combined value of more than US$30 billion.
Two thirds of Walmart sales originate from US.Walmart now sees full-year adjusted profits of $6.10 to $$6.20 per share, up from the prior range of $5.90 to $6.05.
Profits were $1.7 billion, down 18.5 percent from the year-ago period. Revenues were $152.3 billion, up 7.6 percent.
Aviation sector is flying high after a tumultuous periodThe carrier added that revenues soared 80 percent to £2.7 billion ($3.36bn) on higher ticket prices and increased capacity.
Costs, however, leapt 52 percent to £3.1 billion ($3.85bn) on a "significantly" increased jet fuel bill and "industry-wide" inflationary pressures.
- The convicts were found guilty of engaging in economic activity using the provision of credit facilities through points of sale...
The court also ordered confiscation of the seized funds and deportation of the convicted persons from the country once they serve their sentences.
The seven companies involved in these crimes were fined AED10 million each by an Abu Dhabi court that has a jurisdiction over money laundering and tax evasion offences,
The company achieved a 145 percent growth compared to Q1 2022.SGH generated total revenues of SAR628 million in Q1 2023, the highest the group has ever achieved in a single quarter.
On a group level, the group served a total of 21,000 inpatients and 495,000 outpatients in Q1 2023 and four new facilities were added to the network.
