The company said it will maintain a $1.3bn dividend for 2025.
- Abu Dhabi, UAE -- Abu Dhabi’s real estate market recorded AED10.6 billion in transactions in January, totaling 2,514 property deals....
Dubai, UAE-- Dubai Customs has completed 25.7 million customs transactions and made 2,147 seizures in 2022, while also winning several...Dubai Customs dealt with 388 intellectual property disputes in 2022, which included 14.5 million counterfeit items with a street value of AED 109.5 million.
It was active in recycling counterfeit goods with more than 93 recycling operations taking place throughout the year that targeted 173,000 counterfeit items.
- AMMAN, JORDAN - Investments in industrial estates in 2022 hit US$4.2 billion (JD3 billion), an increase of 19 percent compared...
Jordan Industrial Estates Company said that 27 of the new investments were in the service sector, with a growth rate of 26 percent.
The remaining 147 new investments were in the industrial sector, with a growth rate of 7 percent over the previous year, JIEC said.
Secretary-General of the GCC Dr. Naif Falah Mubarak Al-Hajraf has warned that the act would inflame and provoke Muslims around...Secretary-General of the Organization of Islamic Cooperation Hissein Brahim Taha said the act is another example of Islamophobia and Xenophobia.
Arab Parliament called on the international community to assume its responsibilities and criminalize these unacceptable acts, which fuel feelings of hatred and violence.
The recent announcement of Twitter updating its services would be a radical change in business model from Twitter, which has...The announcement comes as the social network has faced major economic uncertainty since its takeover by Musk in October
Musk-led Twitter has been riven by chaos, with mass layoffs, the return of banned accounts and the suspension of journalists critical of Tesla boss
Jeddah, Saudi Arabia---The Islamic Corporation for the Insurance of Investment and Export Credit, the Islamic Development Insurance arm of the...The two parties agreed to develop renewable projects through insurance support to the Islamic Corporation for the insurance of investment and export credit in the member states.
It includes support for the transition to clean energy through electricity generation from renewable sources that do not emit emissions and the transition to green economy.
BAGHDAD, IRAQ - The Civil Aviation Authority announced the work to conclude new air agreements with the Gulf states. A spokesman...A spokesman for the Civil Aviation Authority said We have agreements with all Gulf countries and all Gulf national carriers that land in Iraqi airports
He added that in the future, there may be air agreements with Kuwait as well.
- DOHA, QATAR - Qatar Chamber First Vice-Chairman Mohamed bin Ahmed bin Twar Al Kuwari met with President of the Republic...
The meeting touched on economic and commercial relations between Qatar and Cuba.
The Qaraei delegation also discussed the business opportunities offered by the Cuban side in the sector of water resources.
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has implemented the SAP Audit Management System (TAWKEED), becoming the first...DEWA's Internal Audit Department is an independent assurance function that adopts the best-in-class standards and practices.
The Internal Audit department at DEWA operates under an approved charter.
- Abu Dhabi, UAE--Masdar has signed agreements with three Angola, Uganda and Zambia to develop renewable energy projects with a combined...
The agreements were signed under the umbrella of the Etihad 7 initiative to invest in the development of Africa’s renewable energy sector
Etihad 7 was launched at ADSW 2022 by Sheikh Shakhboot bin Nahyan bin Mubarak Al Nahyan, Minister of State, with the aim of achieving 20 GW capacity to supply 100 million people
- San Francisco, United States--Tesla CEO Elon Musk took the stand in a California fraud trial on Friday, accused of lying in...
Elon Musk was called to testify by lawyers for angry investors who accuse him of costing them millions of dollars in 2018 with untrue tweets
Testimonies in the trial opened Wednesday with a lawyer for the upset investors telling jurors Musk lied about having funding in place
