In February 2024, Saudi Arabia's poultry industry reached a milestone by producing 100 million kilograms of poultry, thereby setting new...
German newspapers reported that the American sports equipment giant overcame their rival's home advantage with a bid of around 100...
Dubai, UAE: Union of Arab Banks (UAB), the apex body of the $4 trillion banking industry in the Arab World,...As partner, CS Events will co-create, market and deliver UAB’s activities in the UAE and Saudi Arabia.
Though Arab world’s banking sector’s assets surpassed $4 trillion, more than 50 percent population in the Middle East and Africa remains unbanked.
South Korea wants to strengthen its relations with the Middle East with a focus on high-tech industries, according to Seoul’s...The focused hi-tech industries in the Middle East are energy, hydrogen, artificial intelligence and health.
The South Korean Foreign Minister said that they are trying to upgrade their ties with all the countries.
India has signed a Memorandum of Understanding (MoU) with the Gulf Cooperation Council (GCC) Secretariat on the "mechanism of consultations"...The MoU was signed between India’s Minister for External Affairs Dr. S Jaishankar, and the GCC Secretary-General Dr. Nayef Falah Mubarak Al-Hajraf.
India’s Ministry of External Affairs said, "both sides reviewed bilateral relations and discussed ways to enhance them"
Dubai, UAE---A total of 2,317 real estate transactions worth AED8.9 billion ($2.49 billion) were conducted during the week ending 16...A total of 227 plots were sold for AED4.35 billion, and 1,560 apartments and villas were purchased for AED3.44 billion.
The top three transactions were plots of land in Madinat Al Mataar that sold for AED988 million, AED259.24 million in Al Yufrah 1 and AED988 million in Madinat.
Stock markets mostly slumped Friday, while the British pound tanked to a 37-year dollar low as weak UK retail sales...Sales by volume dived 1.6 percent in UK last month, more than triple expectations.
Sterling has hit a series of 1985 lows in recent weeks, also as the US Federal Reserve implements aggressive hikes interest rate hikes.
UAE Ministry of Finance (MoF) participated in G20 Finance Track’s fourth and last Infrastructure Working Group (IWG) meeting for 2022...The members of the Infrastructure Working Group deliberated the progress made on scaling up sustainable infrastructure investments.
The IWG also discussed means of promoting private sector investment in sustainable infrastructure.
The subscription period for the IPO remains unchanged.The Government of Dubai will continue to own 75.1 percent of Salik’s existing share capital.
Salik reported core earnings of $217.82 million in the first half of this year, compared with 637.41 million in the same period in 2021.
Berlin took control of the German operations of Russian oil firm Rosneft to secure energy supplies which have been disrupted...The seizures come as Germany is scrambling to wean itself off its dependence on Russian fossil fuels.
Move covers the companies Rosneft Deutschland GmbH and RN Refining & Marketing GmbH and their corresponding stakes in three refineries: PCK Schwedt, MiRo and Bayernoil.
- When a branch of the Byblos bank opened in the southern town of Ghaziyeh, a depositor, reported to be in...
A man in 50 stormed a branch of Byblos bank in the southern town of Ghaziyeh and threatened bank employs with a gun and demanded his savings
The man walked away with around $19,000 and turned himself in to the police moments later as a crowd formed in front of the bank to support him
Dubai, UAE---Dubai Electricity and Water Authority (DEWA) recorded a growth in the number of smart water meters by 73.6 percent...DEWA has more than two million smart electricity and water metres in Dubai.
Automating metre readings helps customers receive instant information on their consumption patterns and effectively manage, monitor and control their consumption.
