Rise of flexitarian and vegan diets in the region is driving demand for alternative proteins, with the market expected to...
- The oil giant posted a 24.7% fall in net profit to US$121.25bn.
The Dubai Health Authority recently signed a Memorandum of Understanding (MoU) with Visa with the aim of enhancing Dubai's competitiveness...Visa cardholders would be given exclusive discounts on medical services by by members of the Dubai Health Experience
The cardholders will be able to choose a range of medical services, book appointments and plan their treatment itineraries
Dubai real estate market recorded 379 sales transactions worth AED1.09 billion ($296 million), in addition to 96 mortgage deals of...The sales included 359 villas and apartments worth AED755.34 million, and 20 land plots worth AED331.11 million.
mortgages included 78 villas and apartments worth AED170.89 million and 18 land plots valued at AED148.89 million.
The European Union said Wednesday it has lifted sanctions against Syria's private airline Cham Wings, after the company was blacklisted...The EU listed Syria's only private airline saying it had increased flights to Minsk in the summer of 2021 to transport migrants from Belarus to the EU illegally
Cham Wings flights are limited to a handful of mostly Arab destinations, in addition to Tehran and Moscow, after Syria was slapped with Western sanctions
The IT spending in the MENA region will hit US$1.7bn in 2022 as the governments are using technology to streamline...Sixty-six percent of total IT spending in 2022 will go toward communication services, which will remain the largest segment
Global government IT spending is estimated to reach US$565.7 billion this year, up 5 percent from 2021
Studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery...Recent studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery production.
Wider adoption of EVs will hinge on affordability which, in turn, is reliant on battery production and robust charging infrastructure
The revenues of the medical and recovery tourism, globally, is around $100 billion annually, said Bandar Al Fihaid, President of the...Bandar Al Fihaid, President of the Arab Tourism Organization (ATO) said this in a report.
The ATO president also said that Arab tourists expenditure amounts to nearly $30 billion.
The order for single-aisle aircraft is worth $6.2 billion.The new jets will over time replace part of easyJet's A319 fleet, whose average age is about 15 years.
London based easyJet operates more than 300 A320s, making it single biggest operator of the plane.
Net profit increased by 30 percent YOY to $381 million.The rise in net profit was attributed to top-line growth, continued optimization of the cost base and lower impairments.
The bank revenue for the first half of the current year improved seven percent to AED 2,838 million compared to AED 2,644 million last year.
- The Dubai Chamber members' exports and re-exports surged to AED129.4 billion ($35 billion) during H1 2022, marking a 17.8 percent...
The figure marks a 17.8 percent increase compared to the same period last year.
The number of certificates of origin issued also rose 8.9 percent year-on-year to exceed 357,000.
Having revealed the list of companies chosen for expanding the North Field East (NFE) gas field, Qatar implements the first...Qatar's revenues are expected to rise by $40 billion after the first phase of expansion is completed by 2025.
TotalEnergies, ExxonMobil, ConocoPhillips, Eni, and Shell had won earlier this year contracts to develop NFE, whose investment costs stand at about $28.75 billion.
