- Nearly 32 percent of respondents to a TRENDS poll saw metaverse as a good investment for GCC businesses, as two...
Saudi Arabia will spend US$6.4 billion on advanced technologies, including US$1 billion investment in the NEOM Tech & Digital Company.
In the UAE, Damac bets big on digital property. The Group plans to invest up to $100 million in the project, including building its own virtual cities.
- Major global equities rose, with sentiment soothed after upbeat US earnings and Britain shredded its controversial budget. Analysts pointed to...
US industrial production also picked up more than anticipated in September, according to official data.
On Wall Street, the Dow Jones jumped two percent at the open after a day of strong trading in Asia and Europe, before paring back gains later in the morning.
- The Abu Dhabi Department of Economic Development (ADDED), and Bangladesh Embassy in Abu Dhabi, have organized the Economic Cooperation Forum...
Abu Dhabi and Bangladesh bilateral trade and mutual investments are on the rise.
The Emirate and Bangladesh have organized the Economic Cooperation Forum to enhance mutual investment opportunities.
- Abu Dhabi, UAE-- The Abu Dhabi Residents Office, part of Abu Dhabi Department of Economic Development (ADDED), has signed a...
They are working on developing a joint strategy to promote Abu Dhabi and its real estate projects besides identifying opportunities to support investors and talent.
The Office will support clients of Aldar when applying for a Golden Visa upon purchasing a property valued at more than AED 2 million ($544, 506) from Aldar’s projects.
- The Kremlin said that the investigation into the explosions that tore through the Nord Stream gas pipelines was being 'tailored'...
Russia has accused Western countries of being behind the explosions of the pipelines.
Russia had earlier expressed bewilderment over its exclusion from an investigation into the incident.
- Rabat, Morocco---A Takaful insurance company will be established in Morocco by Qatar Islamic Bank, Atlanta Insurance and Moroccan Tourism and...
The Atlanta Insurance Company will hold 60% of the shares, Moroccan Tourism and Real Estate Loan Bank 20% and Qatar Islamic Insurance Company and QIIB 10% each.
Takaful is Sharia-compliant Islamic insurance wherein members contribute money into a pool system to guarantee each other against loss or damage.
- The Central Bank of the UAE (CBUAE) in collaboration with the Tawazun Economic Council (Tawazun), has issued 1,000 silver commemorative...
Tawazun was established in 1992 to create, build and manage industrial relationships.
The issuance of the commemorative coins aims to highlight the vital role of Tawazun.
- The Taiwanese tech giant Foxconn has moved to diversify beyond electronics assembly and embraced the competitive but rapidly expanding EV...
The world's largest contract electronics maker, Foxconn already plays a lynchpin role in assembling gadgets for a host of top international brands including Apple's iPhones
Foxconn has also started building electric vehicles for Lordstown Motors after completing its purchase of a former General Motors plant in Lordstown, Ohio in May
- The yards will more than triple Saudi offshore fabrication capacity.
The new yards are being constructed in Ras Al Khair in collaboration with National Petroleum Construction Company (NPCC) and McDermott International.
They are expected to fabricate and assemble offshore platforms, jackets and structures for subsea pipelines.
- It reported $783m profit in the first nine months of the year.
The bank's data showed an increase in earnings per share for the period ending on Sep. 30, 2022, to reach QR1.21, compared to QR 1.07 for the same period last year
QIB carries out all banking, finance, investment and banking services in accordance with the provisions of Islamic Sharia





















