48 Middle East and North Africa IPOs raise $10.7bn in 2023: Report
Five listings, mainly in the energy and logistics sectors, contributed 58 percent towards the total IPO proceeds raised, said the...Business Economy
RTA inks agreement to develop entry/exit points for Dubai Harbor
DUBAI, UAE - The Roads and Transport Authority (RTA) of the Emirate has entered into a strategic partnership with ‘Shamal...Business Geostrategy
Debt-ridden Evergrande urges investor ‘caution’ as audit result delayed
Evergrande has urged its investors to exercise caution as debt-ridden Chinese giant faces financial challenges.Evergrande has urged its investors to exercise caution as debt-ridden Chinese giant faces financial challenges
Earlier, IMF warned that the property funding crisis could affect the broader economy and global markets
April 2 will be first day of Ramadan: International Astronomical Center
It will be possible to see the crescent with a telescope, but not the naked eye, from parts of the...Seeing the crescent on Friday, April 1, is not possible with the naked eye from anywhere in the Islamic world
It can be viewed only through a telescope, but with great difficulty, from parts of Africa and the Americas
In fair phase-out of oil, gas-rich nations should stop first: Report
For a 50/50 chance of limiting the rise in global temperatures to 1.5C, 19 countries in which per capita GDP...The overarching objective, enshrined in the 2015 Paris Agreement, is to cap global warming ‘well below’ 2C, and 1.5C if possible
A torrent of research since 2015 has confirmed that the lower aspirational target is by far a safer threshold
UAE looks to accelerate trade cooperation with Turkey
The FCCI is keen to enhance cooperation with MÜSİAD and utilize the momentum provided by Expo to intensify relations between...The two sides reportedly discussed ways to enhance trade ties between FCCI and MÜSİAD
They are also said to have focused their discussions on the prospects of growing cooperation
Investments key to improve region’s telecom services
There is so much more the industry can explore through digital engagement, including digitizing products and services, gamifying experiences, creating...In today's digital economy, personalized experiences have become a prerequisite for companies wanting to achieve bigger gains
The pandemic has proved that more customers place quality networks and services above the pricing amount while making purchasing decisions
Marilyn Monroe portrait may fetch $200m at auction
Christie's said it expects Andy Warhol's 1964 "Shot Sage Blue Marilyn" to become the most expensive 20th century artwork when...Christie's described the 40 inch (100 centimeter) by 40 inch portrait as "one of the rarest and most transcendent images in existence."
Warhol began creating silkscreens of Monroe following the actress's death from a drug overdose aged just 36 in August 1962.
Saudi Arabia Railways opens tickets for train to strategic Al Qurayyat
Saudi Arabia Railways "SAR" has opened online booking of tickets for train services via the North Train to and from...The services starts on March 31, 2022, with a long-distance journey of 1,215 km by passenger train between Riyadh and Al-Qurayyat.
Saudi Arab Railway stated that such a step comes in conjunction with the inauguration of the Al-Qurayyat passenger train station on March 30, 2022.
Russia warns embargo on its oil imports will impact everyone
An embargo on Russian oil imports, pushed for by some European countries over Moscow's military action in Ukraine, would have...Some EU countries including Baltic states have called for an embargo on Russian oil and gas
EU foreign ministers on Monday are meeting to discuss the situation in Ukraine
UAE sanctions crowdfunding for public and private sectors
The Cabinet approved the UAE System for Crowdfunding Platform Operators, stressing that the Securities and Commodities Authority (SCA) will be...The strategy covers all technical aspects associated with the regulation of crowdfunding platform operators
It also addresses supervision, inspections, and penalties
Saudi Arabia warns of ‘direct threat’ to global supplies from attacks
Top crude exporter Saudi Arabia warned Monday that Yemeni rebel attacks on the kingdom's oil facilities pose a "direct threat"...Saudi Arabia "will not incur any responsibility" for shortages in oil supplies in light of the Iran-backed Houthi attacks, the foreign ministry said in a statement
The statement comes a day after the kingdom acknowledged a temporary drop in production after the Houthis attacked a refinery with an armed drone
