The oil and gas strike is the first of 2024.
RIYADH, SAUDI ARABIA – Non-oil activities in the Kingdom have achieved a historic milestone, reaching a 50 percent share of...
More than 2.7 million passengers flew with Air Arabia from Mar-June.More than 5.2 million passengers flew with Air Arabia between January and June 2022 across the carrier’s five hubs.
The company’s turnover for the second quarter of 2022 increased by 125 percent as demand for air travel increased.
Saudi’s Ministry of Finance and the National Center for Debt Management has partnered with Al-Ahly Financial Company to develop and...Saudi Finance Ministry and National Center for Debt Management partner with Al-Ahly Financial Company.
The deal between the two entities is aimed at promoting the culture of saving in the Kingdom.
The Emirates Water and Electricity Company (EWEC) and the Abu Dhabi Department of Economic Development (ADDED) today signed a Memorandum...EWEC will collaborate with ADDED through the Industrial Development Bureau (IDB) to develop new solutions that will support the innovation of energy products.
They will also lead the drafting of proposals to ensure ongoing improvements to the ecosystem, attract new investments and enable sustainable firms to thrive in Abu Dhabi.
The company's gross written premiums up by 20.9%.The company's net underwriting income stood at AED253.9 million, against AED280.3 million during 2021.
ADNIC's net investment and other income were AED62.0 million, compared to AED87.3 million last year.
IMF estimates inflation in the UAE is expected to be at 3.7 per cent in 2022, falling to 2.8 percent...About 37 percent of UAE businesses are changing their pricing strategy in line with cost increases and 31 percent are focusing on product or service differentiation.
Businesses in the UAE report cost increases of 18 per cent for energy and utilities, 17 per cent for raw materials and 14 per cent for wages and staff compensation.
The profit dropped by 3.21 percent compared to H1 2021.In a bourse filing on Tuesday, the company said the Earnings per share (EPS) amounted to QR 0.027 versus QR 0.028 for the same period of 2021.
brokerage firm Dlala Holding posted a net profit of QR 4.943 million for the first half of 2022.
The Sierra Leone-flagged vessel Razoni left the Ukrainian port of Odessa on August 1 carrying 26,000 tons of maize.The Sierra Leone-flagged vessel Razoni left the Ukrainian port of Odessa on August 1 carrying 26,000 tons of maize
Another ship docked in Turkey Monday with a cargo of 12,000 tons of Ukrainian maize, becoming the first to reach its destination
A planned exit from the Netherlands towards the end of November follows Deliveroo's departure from Spain last year, although the...Revenue grew 12 percent to £1 billion despite easing Covid curbs and controversy over treatment of its riders
In early London trading following Wednesday's earnings update, Deliveroo's share price rose 0.8 percent at 92 pence
Etihad Credit Insurance (ECI) and UK Export Finance (UKEF) have partnered to boost Senegal's national emergency response infrastructure.Under the $147 million Redco Project Senegal, the country will receive fire fighting vehicles, airport firefighting and rescue vehicles, ambulances and medical vehicles
Etihad Credit Insurance in partnership with UKEF has provided guarantees for the loan obtained by the Senegal Ministry of Economy, Planning and Cooperation
More than 2.3m passengers used Saudi Railways in H1.The company said that the freight service also contributed to the removal of more than 871,000 trucks from the roads
Saudi Railways CEO said results are reflective of the high-quality service and emergence of Saudi railways as a reliable transportation option
