Business - TRENDS MENA

ALULA, SAUDI ARABIA – The Royal Commission for AlUla (RCU) has marked a significant milestone in the development of the...

Hotels, condominiums, cruise ship cabins, and even desert camps have all stepped up to accommodate the overflow of tourists as...
Hotels, condominiums, cruise ship cabins, and even desert camps have all stepped up to accommodate the overflow of tourists as the Gulf country is getting ready for the event
The event is likely to contribute more than US$ 19.5 bn, which will be around 11 percent of Qatar's GDP in 2019, says Paulina Zalewska Dzieciuchowicz of PRO Partner Group
The volume of trade exchange between the two countries during the first half of this year amounted to AED24.2 billion.
Trade between the two recorded a growth of 98.9 percent to reach AED46.5 billion by 2021 end, compared to AED23.4 by 2012 end.
It said non-oil exports accounted for 33 percent of the total non-oil trade during the past ten years, recording a value of AED120 billion.
The two firms will explore developing offshore wind projects.
Masdar and RWE are shareholders in the London Array project, which has been operational since 2012.
The wind farm has an operating capacity of 630 megawatts, powering more than half a million homes, while displacing almost 1 million tons of carbon dioxide emissions every year.
The iPhone supply chain is based mainly in China but the country's zero-Covid policies and tensions with the United States...
About 7.5 million iPhones -- around three percent of Apple's global production -- were made in India last year, the analyst added.
Apple's announcement will be a boost to Prime Minister Narendra Modi's "Make in India" strategy under which he has urged foreign businesses to manufacture goods in his country.
They will launch a new international dry bulk shipping service.
Under the terms of the agreement, the two companies will purchase ships through Special Purpose Vehicles, owned 85 percent by SAFEEN Feeders and 15 percent by Invictus Investment.
The two companies are expected to initially commit approximately AED463 million (US$126 million) for the investment in the vessels.
Several firms in the UAE have received requests from employees to adjust compensation packages in line with the inflation in...
Firms plan pay rises of 5 percent in 2023 as over 66 percent of companies receive requests for higher salaries.
Over 200 global and local companies from all sectors were surveyed.
A leading retailer in the UAE has said that over 15 percent of its customers have now shifted to 'Buy...
A number of people in the 24-45 age group prefer alternatives to credit cards for purchases.
As per the scheme, purchases can be split into four easy interest-free payments from the time of purchase.
Nearly a month after a South Korean court issued an arrest warrant for Do Kwon, a cryptocurrency founder, Interpol has...
On Twitter, Kwon denied that he was on the run but did not reveal his whereabouts
Kwon's Terra/Luna system disintegrated in May, with the price of both tokens plummeting to near zero, and the fallout hitting the wider crypto market
While there is almost universal praise for the visceral lead performance by Ana de Armas, critics cannot agree whether the...
While there is almost universal praise for the visceral lead performance by Ana de Armas, critics cannot agree whether the nearly three-hour film is an artistic tour de force
For ID magazine, "Blonde" is "guttural, instinctive, anguished filmmaking that bends space, time, and every cinematic tool at its disposal in service of attaining emotional truth."
The Saudi tech firm has set the price at $19 per share.
The company has reached an agreement with its shareholders to allocate 1.284 million shares, representing 25 percent of its capital, to offer and sell in the market
It received approval from the Capital Market Authority on June 30 for its registration to trade on Nomu