Business - TRENDS MENA

Trojena is the new mountain tourism destination whose establishment was recently announced by Saudi Crown Prince Mohammed bin Salman.
Trojena aspires to redefine visitors’ and residents’ perceptions of mountain tourism
The project will be launched in 2026 and will be located in the heart of NEOM
Multiply Group has said that it will be investing AED367 million into the Dubai Electricity and Water Authority's (DEWA's) initial...
The Group's latest investment follows a series of strategic acquisitions, creating a unique technology-enabled ecosystem to pursue growth across five vertical segments
Multiply Group benefits from a solid leverage-free liquidity position, having raised AED3.1 billion in a pre-listing private placement 16 times oversubscribed
The International Air Transport Association (IATA) on Friday said its annual general meeting in June would be held in Qatar instead...
China is experiencing its worst coronavirus outbreak since the start of the pandemic more than two years ago, with Shanghai posting record-high case counts.
The IATA comprises some 280 airlines and air companies, accounting for 83 percent of global air travel.
A similar amount was paid for the first half of 2021 in October.
The company said it increased its network in the UAE to 462 stations in 2021 and operationalized 40 stations in Saudi Arabia.
ADNOC Distribution recorded a net profit of AED2.2 billion and earnings before interest, tax, depreciation and amortization (EBITDA) of AED3.1 billion.
A giant diamond nicknamed "The Rock" went on display for the first time in Dubai on Friday ahead of an...
The 228.31-carat pear-shaped gem, which was mined and polished in South Africa more than 20 years ago, is the largest white diamond ever to come to auction
After making its debut at Christie's Dubai, where it will be displayed from March 26-29, The Rock will travel to Taipei, New York and Geneva, where it will be auctioned on May 11
Lax laws and sweetheart deals are becoming a thing of the past for big tech firms, particularly in Europe where...
More than half of the world's websites use Google Analytics to help their owners understand the behaviour of users
Regulators in several countries agree with activists and have ruled Google Analytics incompatible with European data privacy regulation
The UAE-India CEPA will simplify customs procedures, reduce logistics cost and open new opportunities for professional services.
The UAE-India CEPA will simplify customs procedures, reduce logistics cost and open new opportunities for professional services
The three-day logistics conference concluded with a valedictory session at the India Pavilion at Expo 2020 Dubai addressed by top officials from both countries
The "Digital Markets Act" (DMA) has sped through the bloc's legislative procedures and is designed to protect consumers.
The "Digital Markets Act" (DMA) has sped through the bloc's legislative procedures and is designed to protect consumers
"The gatekeepers -- they now have to take responsibility," said the EU's competition supremo Margrethe Vestager
The analysis by London-based think tank InfluenceMap found the world's 30 biggest listed finance groups provided $740 billion to fossil...
The analysis by London-based think tank InfluenceMap found the world's 30 biggest listed finance groups provided $740 billion to fossil fuel producers in 2020 and 2021
The biggest providers of fossil fuel financing were JP Morgan with $81 billion, Citigroup with $69 billion, and Bank of America with $55 billion
Abu Dhabi-based Alpha Dhabi Holding is a subsidiary of the IHC.
ADH made the investment through its subsidiary Alpha Dhabi Partners Holding LLC, as a cornerstone investor
As part of the transaction, Alpha Dhabi Partners Holding LLC will acquire shares through DEWA’s IPO