Business - TRENDS MENA

“Oman is emerging as a standout in the regional crypto mining landscape, highlighted by its support of Exahertz, an Omani...

World stocks sank Monday and the dollar rallied on concern the Federal Reserve will stick to its interest rate-hiking plans...
The euro is under pressure after Russia's Gazprom said late Friday that the Nord Stream pipeline would be closed for maintenance.
Oil slumped on speculation over an Iran nuclear deal that could ease a supply crunch caused by producer Russia's invasion of Ukraine, as well as recession fears.
The Arab Monetary Fund (AMF) said that the Abu Dhabi Securities Exchange (ADX) was ranked first in the Arab region...
ADX was ranked first in the Arab region in 2021, in terms of buy and sell transactions by foreign investors, says AMF
Buying transactions by foreign investors in ADX totaled $32.2 billion at the end of last year
Abu Dhabi Department of Energy (DoE) Monday announced that the development of its hydrogen policy and regulatory framework aims to...
The development of hydrogen policy and regulatory framework aims to accelerate the UAE's global leadership in low-carbon and clean hydrogen.
For the policy, the DoE is working with key Abu Dhabi government and private sector stakeholders.
Al Bateen Executive Airport has reopened following the successful completion of a major refurbishment project which will allow the airport...
Al Bateen Executive Airport has reopened after the completion of a major refurbishment project.
The work, completed in under 90 days, involved resurfacing and widening the 3.2km runway to accommodate wide-body aircrafts, among others.
Raya CX will provide outsourcing services to Zain Saudi Arabia.
RAYA CX operates through three branches in Bahrain, Saudi Arabia, and the United Arab Emirates.
The partnership reinforces Zain commitment to providing best customer experience, said Sultan bin Abdulaziz Al-Daghthir, CEO of Zain Saudi Arabia.
They will enable firms to achieve UAE Energy Strategy goals.
Under the agreement, the two companies will jointly work on projects to establish best practices in buildings design, systems and services.
Both companies will also jointly share knowledge with the industry and sponsor events, training programs and workshops with industry stakeholders.
The Saudi utility firm's sales however surged to $8.80bn.
The company however made $8.80 billion in sales during the period, up from $8.53 billion in 2021, propelled by rising demand for electric power
The utility saw its shares lose 1.9 percent to SR26 in early trading
It will proceed with an IPO of 20 percent of its capital on Nomu.
The plastic manufacturer reported an increase in revenue to $31 million during the year
The book-building period will be led by Yaqeen Capital and shall start on September 11 and end on September 13
The London-listed giant added in a statement that the proposed sale would create Hungary's second largest fixed-line and mobile telecoms...
A Vodafone spokesman said proceeds will be used to deleverage its balance sheet, or cut debt, as it looks to build scale in other markets
European heavyweight Vodafone, which has been restructuring for several years, expects the sale to complete at the end of 2022
GCC countries are accelerating economic integration by activating the financial links between companies, banks, and stores to make life smoother...
GCC countries are accelerating economic integration by activating the financial links between companies, banks, and stores to make life smoother for citizens and residents
The Central Bank of Saudi Arabia recently launched a point-of-sale service between its national payments network "Mada" and the Qatar national network "NAPS"