- ABU DHABI, UAE - Abu Dhabi’s residential sector has witnessed one of the best years on record, where a total...
The increase in demand for residences has been driven by several positive initiatives and announcements by the government.
Off-plan transactions accounted for approximately 84 percent of all villa and townhouse transactions.
- The company said it was 92% booked for the first quarter of 2024.
Profit after taxation jumped to 2.7 billion euros ($2.9 billion) in 2023 from 431 million euros in 2022, the airline conglomerate said in a results statement
The company also issued a rosy outlook rooted in "robust" demand, adding that it was 92-percent booked for the first quarter of 2024 and 62-percent booked for the first half
- The company is cutting about 5 percent of its workforce.
The company behind hits including soccer game "FC24" is also "sunsetting" some titles and stopping development of others it thinks will not be successful
The annual report Electronic Arts last year indicated it had 13,400 employees, meaning about 670 positions are being eliminated
- Cairo, Egypt--Egypt has signed seven Memoranda of Understanding (MoUs) on Wednesday in green hydrogen and renewable energy with seven global...
The agreements to set up geen hydrogen projects represent a new step or the Sovereign Fund of Egypt in its partnerships with global companies
The green projects are expected bring in investments of $12bn for the pilot phase and $29bn for the first phase, for a total of $40bn over 10 years
- The airline reported record revenue of US$32.49bn in 2023.
The airline also posted revenue of $32.49bn, while adding that it had returned to positive equity for the first time since 2019
The airline alongwith subsidiary Transavia transported a total of 93.6 million passengers last year, up 10.3 million on 2022
- Sharjah, UAE – Petrozo Energy, a leading Singapore-based oil and gas company, has announced a plan to establish a new...
Petrozo operates a global network with offices across Indonesia, India, Thailand, the UAE, Hong Kong, Bangladesh, the USA and other countries
The company is renowned for its extensive portfolio, producing a variety of products including fuel oils, petrochemicals, bitumin and naphtha
- The collaboration is expected to boost private sector in Qatar.
The two agreements align with the bank's initiatives to bolster the private sector and create investment opportunities
The collaboration will enhance the provision of training programs and field training to equip investors and fund managers
- The statement said Disney will hold 36.8 percent, Reliance will hold a 16.3 percent stake, and Viacom18 another 46.8 percent....
India's entertainment market is already one of the world's biggest, with the merger expected to further shake up the multi-billion-dollar industry
Reliance, an oil-to-telecom conglomerate led by billionaire tycoon Mukesh Ambani, will invest $1.4 billion into the new company
- The Kingdom's property sector is driven by a projected $3 trillion GDP by 2030 and evolving consumer preferences towards homes...
The Kingdom's property sector is driven by a projected $3 trillion GDP by 2030 and evolving consumer preferences towards homes equipped for remote work and wellness.
Amid evolving market needs, there's a rising demand for flexible workspaces and experiential retail and hospitality spaces, coupled with demand for commercial office space.




















