DOHA, QATAR - The volume of real estate trading in the country in sales contracts at the Department of Real...
Beijing, China - Saudi Arabia and China on Thursday signed a memorandum of understanding (MoU) to develop air transport cooperation. The...
Shareholders of Ithmaar Holding have approved a plan to sell a few of the company's assets to Al Salam Bank.The assets include Ithmaar Holdings’ ownership stake in both Bank of Bahrain and Kuwait and Solidarity Group Holding, as well as the consumer banking business of Ithmaar Bank
The holding company will retain a diversified portfolio of international and local financial and other assets, including banking businesses in Bahrain and Pakistan
Indian government officials on Friday defended the continued buying of Russian oil, saying European countries were still purchasing hydrocarbons from...Indian oil refiners have in recent days reportedly purchased several million barrels of discounted Russian oil even as the West seeks to isolate Moscow economically
New Delhi, which historically has had close ties with Moscow, has called for an end to the violence in Ukraine but has stopped short of condemning Russia's invasion
Dubai Chamber of Commerce has announced the establishment of the Dubai Council for Wooden Ships, a new business group that...The business group, operating as a non-profit body under the umbrella of Dubai Chamber of Commerce, will serve common interests and tackle sector challenges through cooperation
Joined by a wide variety of businesses in this sector in Dubai, the group provides a platform for member companies to share knowledge and policy recommendations
Dubai recorded $2.53 billion worth of real estate and properties transactions valued during the week ending Friday, according to the...A total of 355 plots were sold for AED 1.33 billion, while 1,547 apartments and villas were sold for AED 2.96 billion.
Al Hebiah Fifth recorded the most transactions for this week by 244 sales transactions worth AED 521.52 million.
Myanmar junta Okayed the sale to Lebanese conglomerate M1 Group.The Southeast Asian nation has been in chaos since a coup last year sparked huge protests and a bloody military crackdown on dissent, sending its economy into freefall.
In July, Telenor cited junta demands that it install monitoring equipment on the network as a reason for leaving the country.
The grants were approved at the 179th session of OFID’s Governing Board in Vienna.The projects will reportedly, among other things, support economic recovery, help bring up new infrastructure, and boost food security
Overall, they are expected to benefit public-sector projects and promote sustainable development around the world
The online giant closed the deal for $8.45 billion.Amazon's dominance in online retailing has drawn anti-monopoly scrutiny, but this buyout won approval from EU authorities
The deal bolsters Amazon Prime Video with some 4,000 films and 17,000 television episodes as it faces off with the likes of Netflix and Disney in a booming market
- The ads were for schemes apparently hailed by prominent figures.
Australia's consumer protection commission said it had started legal proceedings against Meta platforms for breach of consumer or securities laws
Meta vowed to defend itself, saying in a statement that it sought to stop scam ads by using technology to detect and block them
The privatization move will also help the regional governments in maintaining better economic growth, increasing private participation and attracting foreign...Planning, executing, and concluding are the three primary stages of privatization
The privatization process in Kuwait will expand to 38 government institutions and activities
- DP World-owned P&O Ferries on Thursday suspended its passenger and freight ships but denied the group was heading into bankruptcy....
P&O Ferries operates four routes serving Britain, France, Ireland and the Netherlands.
The company is badly hit by fallout from COVID-19 lockdowns and travel restrictions over the last two years.
