Business - TRENDS MENA

Dubai’s aggressive initiatives like the 1 Billion Followers Summit and specialized creator visas put it ahead in attracting global talent,...

Riyadh, Saudi Arabia---Saudi Arabia’s National Center for Debt Management announced Wednesday that it has invited investors for the first partial...
The Center said the process is part of the kingdom’s plan in the effective management of the debt portfolio.
The size of the repurchase will be announced after the end of the period of receiving applications on October 24.
This would be the eighth marine service station in the emirate.
The station is equipped with two fuel tanks and two fuel dispensers, offering Diesel, as well as a prefabricated structure featuring a ZOOM convenience store.
ENOC said the station is equipped with energy efficiency features such as Variable Refrigerant Flow (VRF) air-conditioning to cut down electricity use by up to 35 percent.
Skyborn Renewables is the world’s largest private offshore wind developer.
The investment by Mubadala also includes the acquisition of a stake in GIP’s 50 percent interest in NY Bight Project called Bluepoint Wind.
In April this year, Mubadala was part of a BlackRock Real Assets-led consortium which agreed to invest $525 million into the renewable energy arm of India’s Tata Power.
From among a small pool of short-listed CEOs of listed firms, each winner was picked on the basis of growth,...
For the process not only to be fair and trustworthy, but also to be seen as such, another layer of transparency and accountability was added by roping in iNseaD business school
Global auditors were also brought in to ensure full transparency in the work
The acquisition integrates MyUS into Aramex’s business.
The acquisition paves the way for MyUS’s integration into Aramex’s business, operating as a business unit within the Company’s Courier business segment
MyUS will retain its brand name and will be complementary to Shop & Ship, Aramex’s subscription based last mile e-Commerce solutions platform
The company said it ended the third quarter with slightly more than 223 million subscribers worldwide, up some 2.4 million,...
Netflix reported a quarterly profit of $1.4 billion on revenue of $7.9 billion -- a net income slightly less than in the same period a year ago when it brought in more money
With the launch of cheaper, ad-supported subscriptions, Netflix and Disney+ are expected to bite into the revenue of traditional television channels
It recorded a 37% increase in net profit to $800m.
The company said in a bourse filing that it had recorded a profit of $533 million for the same period a year earlier
Yet the petrochemical maker's stock declined 1.42 percent to touch $11 at the close of Tuesday
Beyond oil and gas, Gulf companies have made some strategic investments in sectors with strong potential for growth, including fintech,...
GCC and Asian countries are benefitting from technological advancements, which has potential to make cross-border trade more efficient, inclusive and equitable for SMBs.
Gulf countries, led by the UAE and Saudi Arabia, have been investing in Asian technology companies and incentivizing them to launch operations in the region, says an expert.
Aiming to bolster cooperation on renewable energy, Morocco and the European Union have signed a "green partnership" deal in order...
Bourita said that the "harsh international reality has shown, both in Europe and in North Africa, that when it comes to energy, it is reliability and only reliability that counts"
The memorandum of understanding signed on Tuesday is set to boost cooperation on energy and the fight against climate change, with private sector involvement
The bank's revenues declined 12 percent to $12 billion.
Profits were $3.0 billion, down 44 percent from the 2021 period, while revenues declined 12 percent to $12.0 billion.
The bank's chief executive, David Solomon, said that businesses should be "cautious" in light of increased volatility.