Search Site

Trends banner

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.
  • Masdar City, DANA to develop beta site for agritech

    Masdar City, DANA, beta site, agritech, pilot projects, greenhouses, net houses, open field farming, water scarcity, irrigation, greenhouse cooling, soil...

    Masdar City, DANA sign MoU to help contribute to agritech sustainability

    MoU to help UAE in meeting objectives as per National Food Security Strategy 2051

  • Ajman Free Zone stresses on SEZs in business growth

    Ajman Free Zone stresses on the importance of Special Economic Zones and their impact on businesses from various perspectives.

    Ajman Free Zone highlights the importance of Special Economic Zones during a time of crisis

    The Free Zone discusses SEZs in driving up skill levels and technological advancements in a region

  • Emirates Steel Arkan, ADU to set up UAE’s first specialized metallurgy lab

    Emirates Steel Arkan Group, the UAE’s largest listed steel and building materials company, has signed a Memorandum of Understanding (MoU)...

    The laboratory will contribute to enriching the educational experience in this discipline and conducting advanced studies and research in metallurgy.

    Emirates Steel Arkan Group will offer comprehensive scholarships to 20 undergraduate Emirati students covering the four-year study.

  • New twist in Twitter deal, Musk may withdraw the bid

    Elon Musk threatened Monday to withdraw his bid to buy Twitter, accusing it of failing to provide data on fake...

    Twitter had failed to respond to Musk's valid inquiry about fake accounts, said Musk's attorney

    According to Musk, the real number of bots may be four times higher than Twitter estimates

  • Brothers held in UAE on graft charges face extradition to S.Africa

    Two Indian-born brothers who allegedly wove a web of corruption across South Africa have been arrested in Dubai and face...

    Dubai police confirmed the arrest of Atul and Rajesh Gupta after receiving a so-called red notice from Interpol

    They were accused of paying bribes in exchange for massive and lucrative state contracts and influence over ministerial appointments

  • Jordan govt, SJIF ink $400m healthcare agreement

    Jordan Prime Minister Khasawneh said the healthcare project serves as a launchpad for future investments mentioned in the Jordan Investment...

    Jordan Prime Minister Khasawneh said the healthcare project serves as a launchpad for future investments mentioned in the Jordan Investment Fund Law

    The project will be based on a BOT model, as ownership of the project will be transferred to the Jordanian Government after the end of the investment period

  • Apple unveils message recall, other ‘wish list’ features

    Apple opened Monday its first in-person developers conference since the onset of the pandemic with chips, maps and a way...

    Apple chief Tim Cook and his team showed off coming innovations during a keynote presentation

    No updates, however, were forthcoming on a rumored virtual reality operating system or hardware.

  • More MENA businesses now swipe virtual credit cards

    Local lenders are offering more services online to cater to a young, tech-savvy consumer base, speeding up the transition of...

    The region's digital payments business has been booming as local lenders move more services online to serve tech-savvy youthful consumers

    MENA's high concentration of fintech and digital payments technology has increased the use of virtual cards

  • Jordan’s exports from Jan-May 2022 hit $478 million

    Amman Chamber of Commerce (ACC) said that the total value of exports during the January-May period 2022 amounted to JD339...

    Number of Amman Chamber of Commerce certificates of origin issued during the past five months of 2022 reached 10,879.

    ACC issued 2, 269 certificates of origin to export goods to Saudi Arabia and 1508 certificates to the UAE.

  • Qatari businessmen to explore investment opportunities in Egypt

    The Qatari Businessmen Association discussed investment cooperation with Mohamed Abdel-Wahab, CEO of Egypt’s General Authority for Investment and Free Zones....

    Chairman of the Qatar Businessmen Association's Board of Directors Sheikh Faisal bin Qassim Al-Thani stressed upon economic cooperation between the two countries.

    He said there are multiple mutual economic opportunities between Qatar and Egypt to develop their cooperation in the trade and investment sectors.