GCC region is a hidden gem, offering a distinct blend of Arabic culture and history, Fahim Jalalli, CEO of Kanoo...
AEMOB Forum will be held in Qatar from April 30 to May 2
Even as stocks worldwide suffer from surging inflation and mounting recession fears, the maker of the 911 sports car is...Parent company Volkswagen is set to raise 9.4 billion euros from the listing with Porsche's shares each to be issued at 82.50 euros
Some of the cash raised will be ploughed into Volkswagen's high-speed drive towards electric vehicles
The average price of a barrel of Brent crude oil is expected to be $101 in 2022 and $84 in...The average price of a barrel of Brent crude oil is expected to be $101 in 2022 and $84 in 2023. However, Brent oil prices may fall to US$ 75/b by 2025 and US$ 70/b by 2027
Even if Brent crude oil prices drop to US$ 75/b, major oil exporters in the MENA regoin --mainly Saudi Arabia, Iraq, UAE, and Kuwait -- would be able to adapt well, says a report
Taliban officials have maintained that they are looking to strike trade deals with the international community, and have so far...Russia is hit hard by unprecedented Western sanctions over its invasion of Ukraine, causing Moscow to push exports to Asian countries.
The deal includes supplying Kabul with one million tons of gasoline, a million tons of diesel, 500,000 tons of liquefied petroleum gas.
The 303km railway, with passenger trains traveling up to 200kmper hour, will join up with the UAE's national network that...The railway will link Abu Dhabi with Oman's deep-sea Sohar port, which bills itself as a nexus of trade between Asia and Europe.
A multi-billion dollar railway linking the six Gulf Cooperation Council countries has languished since a feasibility study was approved in 2004.
The EU's executive proposed a new round of sanctions on Moscow over its latest "escalation" in Ukraine, including an oil...As part of the new round of sanctions the commission is laying out a 'legal basis' for a price cap on Russian oil
It will also look to ban Russian exports worth $7 billion and tighten restrictions on goods flowing from the EU.
The SEC also charged Musk with fraud and ordered him to step down as chair of Tesla's board of directors,...The Securities and Exchange Commission reprimanded Musk after posting a tweet in 2018, in which he said he had acquired funding to take Tesla private
Musk, whose fortune is estimated by Forbes to be nearly $260 billion, is also locked in a lawsuit with Twitter over a potential acquisition of the micro-blogging platform
Minister of Industry and Advanced Technology and UAE Special Envoy to Japan Dr. Sultan bin Ahmed Al Jaber and the...The UAE-Japan strategic partnership agreement aims to bolster relations between the two countries to advance their common interests.
The key areas of the partnership include diplomacy, enhancing international development, humanitarian aid efforts, business, trade, energy.
Abu Dhabi, UAE---The Abu Dhabi Securities Exchange (ADX) and the Muscat Securities Market (MSX) signed a memorandum of understanding (MOU)...The two sides will cooperate in a number of areas, including advisory services, training, development of systems, and promotion of integration.
It also provides a channel of direct communication between the two parties, for the exchange of legal and technical information, sustainability and ESG.
The CMA has approved an application from Power and Water Utility Co. for Jubail and Yanbu to register and sell...IPOs in Saudi Arabia are on course for a record year, with the number of listings already exceeding last year
The main TASI index accounted for eight listings generating $4.4 billion, and the parallel Nomu market had nine listings worth $649 million
Firm buys stake for $68 million via its subsidiary IHC DigitalEmircom is the Middle East’s leading information and communications technology (ICT) provider.
This $68 million purchase comes as part of IHC’s strategy to grow its digital assets portfolio and expand into new growth areas.
