Iran wants trade with Saudi Arabia to be highest in region: Ambassador
Riyadh, Saudi Arabia - Iran wants to elevate the levels of trade and investment exchanges with Saudi Arabia to the...Business
Dubai set to navigate new realty landscape this year
In 2024, the real estate sector is expected to continue to evolve, offering challenges and opportunities for investors and residents...Business
Bahrain gives nod to cryptocurrency firm Binance to operate
Cryptocurrency exchange platform Binance, one of the world's largest, said Tuesday it had been granted an operating license in Bahrain,...The company said it would provide crypto asset trading and portfolio management services under the supervision of the Central Bank of Bahrain
Bahrain hopes to become a regional hub for crypto asset companies, as does Dubai
Emirates NBD launches website to support IPOs on DFM
Emirates NBD has taken the lead in supporting upcoming initial public offerings (IPOs) on the Dubai Financial Market (DFM) with...Emirates NBD’s IPO platform has built-in real time subscription payment capabilities for UAE investors and wire transfer capabilities for non-UAE investors.
The seamless, single interface enables completely paperless subscription in five simple steps making the process simpler and paperless.
Dana Gas to pay 4.5 fils per share
The total dividend paid for 2021 now stands at 8 fils.For the full year 2021, the company achieved a net profit of AED1.2 billion ($317 million)
The Company's collections in 2021 were the highest ever at AED1.4 billion ($377 million), and the year-end cash position stood at AED678 million ($185 million).
Playa Hotels inks Saudi resort deal
It will set up facilities along the Arabian Gulf and the Red Sea.Playa signed an agreement regarding the resorts with Saudi’s Tourism Development Fund on Monday
This will contribute to enhancing the distinctive tourism experience and create local job opportunities
UAE Banks Federation urges businesses to benefit from SME Campaign
UAE Banks Federations (UBF) has called upon the entrepreneurs of existing and under-formation Small & Medium Enterprises (SMEs) to unlock...UBF Director-General, Jamal Saleh, explained that such initiatives will help UAE SMEs become a driving force for a thriving economy.
SMEs are encouraged to tie up with reliable UBF members' banking partners who will grant them privileged access to customized business banking services and solutions.
Oman Insurance reports highest net profit
The company’s net receivables ratio of 15.4 percent is at an all-time high, reflecting a strong emphasis on generating free...The company’s net receivables ratio of 15.4 percent is at an all-time high, reflecting a strong emphasis on generating free cashflows
The company’s solvency capital requirement before the proposed dividend reached its highest level of approximately 275%
Saudi-European Forum for investors in camel sector kicks off in Riyadh
The forum witnessed the attendance of businessmen and owners from the Kingdom and the GCC countries and employees of the...The forum witnessed the attendance of businessmen and owners from the Kingdom and the GCC countries and employees of the Chambers of Commerce
The participants watched an introductory video presentation about the International Camel Organization and the Camel Club
Three trends that will shape payroll this year
It seems unlikely that the volatility we have experienced since the start of the pandemic will disappear. Therefore, payroll teams...Covid-19 has tested the flexibility and resilience of payroll teams, forcing them to cater for hybrid working models and respond with agility to evolving tax relief measures
Challenging times have prompted many payroll departments to modernise their systems and processes in anticipation of even more change to come
Sharjah Ramadan Festival to offer deals and discounts
The festival is organized by the SCCI in cooperation with local government departments, bodies, institutions, and the private sector.The 32nd edition of the festival comes after the SCCI launched an integrated strategy under the theme Sharjah Offers
It will apparently feature activities to promote the experience across various regions and cities of Sharjah during Ramadan
Evergreen ship runs aground
The Ever Forward ran aground in the Chesapeake Bay in the US.The accident came almost exactly a year after the 200,000-ton container ship MV Ever Given blocked the Suez Canal for six days
The canal is a vital artery from Asia to Europe that carries 10 percent of global maritime trade and provides Egypt with vital revenue
