Dubai, UAE - The 1 Billion Followers Summit, the world’s largest event dedicated to the content creator economy, brought together...
The Royal Commission for Riyadh City (RCRC) announced that the phased rollout of Riyadh Metro culminated as of Sunday, Jan....
Consumers in the UAE, Saudi Arabia and Egypt are among the most excited to search for Black Friday compared to...Consumers in the UAE, Saudi Arabia and Egypt are among the most excited to search for Black Friday compared to Brazil, UK, and US, Google’s internal data suggest
About 60 percent in the UAE and Saudi Arabia look for new products and brands when browsing online during the sales season, the Google's study highlights
A planned underwater energy pipeline linking Barcelona in Spain and Marseille in France could take up to seven years to...France, Spain and Portugal announced that they had agreed to build the maritime pipeline.
The underwater pipeline - dubbed BarMar - would initially be used for natural gas but, over time, more and more for hydrogen.
RIL's core oil-refining business hit overall profits.Revenues from operations increased 33.7 percent on-year to US$28.19 billion helped by strong contributions from Reliance's newer consumer-facing businesses.
Additional excise duties cost Reliance US$488 million (40.4 billion rupees) in the quarter, the company said,
The offering saw significant demand and commitment from IHC.The subscription period ends on 25 October 2022 while the listing of shares and trading on ADX is anticipated on 31 October 2022.
Dubai Islamic Bank is the Lead Manager, and First Abu Dhabi Bank is acting as the Lead Receiving Bank. International Securities are the Lead Placement Agent on the IPO.
Bank raised US$325m from its stake sale of Spanish firm.Credit Suisse acquired the minority stake in 2020 after selling its business-to-business investment fund platform, InvestLab, to Allfunds.
The bank was rocked last year by the collapse of the British financial firm Greensill.
Dubai, UAE---A total of 2,703 real estate transactions worth AED8 billion ($2.17 billion) were conducted during the week ending 21...A total of 147 plots were sold for AED1.12 billion, and 2,023 apartments and villas were purchased for AED4.79 billion.
The top transactions were a land Fourth sold for AED85 million in Al Thanayah, and another sold for AED63 million in Island 2.
Its existing Sukuk valued $350m was issued in June.The tap was priced at 99 cents on the dollar, with an investor yield of 8.386 percent.
Arada said the tap witnessed demand from the global finance markets, with a lead order of US$185 million.
The authorized capital of the company is US$78 million.The QSE announced after completing the process of reducing the company's issued capital from 284.16 million shares to 190.387 million shares.
Dlala Holding Company was established and listed on Qatar Stock Exchange in 2005.
- The British pound sank against the dollar on political uncertainty after the resignation of UK Prime Minister Liz Truss, while...
The dollar strengthened also on expectations that the US Federal Reserve would press ahead with its program of bumper interest rate hikes.
Traders were girding for another possible intervention by Tokyo after the dollar went above 150 yen.
The UAE-UK Business Council hosted its 20th Plenary Meeting in Abu Dhabi, co-chaired by Ahmed Al Sayegh, Minister of State,...A new project on opportunities for UK-UAE collaboration on the decarbonization of the built environment was also announced.
The Business Council announced it will support the Cherie Blair Foundation for Women.
