The Swiss government pushed it to buy Credit Suisse last year.
Rohit Nanda, the new CFO, will take up his new job next month.
High oil prices drove equities up on both the Abu Dhabi Stock Exchange and the Dubai Financial Market, but Saudi...The ADX and DFM had weekly advances of 1 percent and 0.1 percent, respectively
The Saudi index decreased towards the close of the week's trading
- Frankfurt, Germany— Germans in the coastal state of Lower Saxony vote in a closely-watched regional election Sunday, seen as a key...
Anxiety about soaring energy bills has dominated the race in the northwestern region on the North Sea, providing a snapshot of the national mood
One major bone of contention between the leading candidates has been the fate of Lower Saxony's Emsland nuclear power plant, one of only three still operational in Germany
- Seeking to debunk the impression that it was somehow behind the rise in oil prices in the US, Saudi Arabia...
Saudi minister said the idea that Saudi Arabia would do that would do this to harm the US or to be in any way politically involved is absolutely not correct at all
US gasoline prices rose sharply early this year due to high demand and tight global refining supplies, but began to drop after peaking in June
- From Formula One racing to the football World Cup, the top-notch global sporting events are coming to Middle East, bringing...
According to the World Trade Organization, the Middle East has the fastest-growing sports tourism market globally, currently worth an estimated US$600 billion
Prince Abdulaziz bin Turki, Saudi minister of sports, stated last year that the sector's contribution to the GDP grew almost 160 percent in 2 years
The winning bid, by an undisclosed buyer from Boca Raton, Florida, was more than twice the estimated $21 million sale...The stone was the second-largest pink diamond to be sold at auction. Pink diamonds are the rarest of the precious gems and the most in-demand on the global market.
The world record for a pink diamond was set in 2017, when a stone known as the CTF Pink Star was sold in Hong Kong for $71.2 million.
Sharjah Commerce and Tourism Development Authority (SCTDA) has confirmed its participation at the 42nd GITEX Technology Week, to be held...The authority will showcase new projects and emerging prospects in Artificial Intelligence and Metaverse.
SCDTA will highlight the innovative use of technologies and their impact on hospitality, tourism and commerce.
Doha--- Qatar Chamber and Kazakhstan's Social-Entrepreneurial Business Corporations have discussed economic and commercial relations besides investment climate and opportunities in...Qatar Chamber and Kazakhstan's Social-Entrepreneurial Business Corporations discussed economic and commercial relations.
Zhambyl Region which is considered a gateway for several international markets such as the Chinese and Russian markets.
Dubai Electricity and Water Authority (DEWA) has invited international developers to send their Expressions of Interest (EOI) to implement the...The 900 MW sixth phase of the Solar Park will be implemented using photovoltaic solar panels.
The production capacity of clean energy has reached about 12.1 percent of Dubai’s total energy mix.
- The Emirates Nuclear Energy Corporation (ENEC) announced that Unit 3 of the Barakah Nuclear Energy Plant has successfully been connected...
Unit 3 will add another 1,400 megawatts of zero-carbon emission electricity capacity to the national grid.
The nuclear sector is a vital part of the UAE’s clean energy system of multiple low-carbon technologies.
Abu Dhabi, UAE - OneConnect Financial Technology launched Saturday its regional operations in Abu Dhabi Global Market, local media reports...The company will support fintech ecosystem and enhance digital transformation of UAE's financial services
It unveiled digital banking solutions suite, OneCosmo, which can support the industry's open banking and open finance agenda
