Iran-EU trade surpasses US$5bn in 2023, says Eurostat
TEHRAN, IRAN - The Statistical Office of the European Union (Eurostat) reported that Iran and the 27 European Union member...Business Economy Geostrategy Global
Qatar real-estate trading volume in January stands at US$521m
Doha, Qatar--The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry...Business
‘Mobile-first mindset’ rules companies in Middle East
With an average of 40 percent of sales taking place via mobile, a growing number of enterprise-sized brands see mobile...With an average of 40 percent of sales taking place via mobile, a growing number of enterprise-sized brands see mobile as a highly strategic acquisition and retention channel
However, it’s not just about having a mobile app, it’s also about delivering an exceptional user experience and being able to integrate mobile with any other channels seamlessly
‘Crypto winter’ fails to dampen confidence of investors
Even as the interest in crypto remains more or less steady, and investors are still keen to buy in, it’s...Blockchain technology and the digital asset ecosystem are here to stay, and investors aren’t deterred by the state of the market
However, anyone looking to invest their hard-earned capital into crypto - particularly retail and first timers - must exercise caution
Bahrain joins UAE, Jordan and Egypt in industrial pact
Prime Minister of Egypt Mostafa Kamal Madbouly witnessed a signing ceremony Monday in Cairo that welcomed Bahrain as the fourth...The Industrial Partnership for Sustainable Economic Development was announced in the UAE on May 29, 2022 with an aim to empower their industrial sector.
The plan was establish large joint industrial projects, providing private sector companies with opportunities for expansion and creating job opportunities.
Al Seer targets 2-3m tons cargo
ASM manages 5 dry bulk and general cargo ships.Al Seer Marine is currently in negotiations for a long-term contract for carriage of 2 million tons annually.
The company has short-term plans of acquiring 10 to 15 ships in 2022.
Natural gas a weapon of war between Russia and Europe
Natural gas has emerged as a weapon of war between Russia and Europe since Moscow's February 24 invasion of Ukraine....On February 22, 2022, German Chancellor Olaf Scholz says he is suspending the Nord Stream 2 pipeline project with Russia.
On March 23, Russian President Vladimir Putin bans European gas customers from paying their bills in dollars and euros.
Abu Dhabi Maritime to sponsor Abu Dhabi International Boat Show
The Abu Dhabi International Boat Show (ADIBS), organized by the Abu Dhabi National Exhibitions Company (ADNEC), has entered into a...Abu Dhabi Maritime has a mandate to implement effective maritime services and state-of-the-art infrastructure
The fourth edition of Abu Dhabi International Boat Show will take place this year from November 24 to 27.
‘Inflation a concern, equity markets favorable in GCC region’
A survey in the GCC region reveals that almost all the respondents believe that rising inflation will impact their cost...A survey in the GCC region reveals that people believe inflation will impact their cost of living by at least 10 percent
Over 66 percent of the respondents said that they continue to view equity markets favorably
Condor orders 41 jets
The airline is buying aircraft using less fuel.The order is for 13 A320 and 28 A321 jets fitted with Pratt & Whitney engines for delivery starting in Spring 2024, Condor and Airbus said in a joint statement.
The catalogue price is about 5.0 billion euros ($5.1 billion) but the final purchase price usually differs due to possible discounts offered to big-ticket customers.
French, UK satellite firms eye tie-up to create ‘global champion’
French satellite operator Eutelsat said on Monday it was in talks with British counterpart OneWeb for a tie-up to create...French satellite operator Eutelsat already provides some internet services through a deal with telecoms firm Orange.
"Potential all-share combination" would "create a global leader in connectivity", Eutelsat said.
Over 30,000 visitors attend Al Dhaid Date Festival in Sharjah
The 6th edition of Al Dhaid Date Festival came to a successful conclusion at Expo Al Dhaid, after four days...The Al Dhaid Date Festival drew over 30,000 visitors who explored and learnt about the best and finest types of dates
Sharjah Chamber of Commerce and Industry says it will spare no effort to promote and preserve the historical status of palm trees
