Maritime container transport has sunk by almost one third so far in 2024 compared with a year earlier, according to...
The engine maker swung to profit of $3bn from a loss of $1.64bn in 2022.
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 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.
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%
- 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
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
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
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
The agreement is said to have been formally signed in Qatar’s capital city Doha.The Acting Chairman of Qatar’s General Authority of Civil Aviation, Mohammed Al-Hajri, inked the deal for his country
Jordan’s Civil Aviation Regulatory Commission CEO Haitham Misto signed the agreement on behalf of his country
- Art auctions saw a record year in 2021 with $17.1 billion (15.6 billion euros) in sales as the market continued...
There was also the landmark moment when digital artist Beeple sold a NFT for $69 million, the third-highest figure ever paid for a living artist.
Contemporary art -- counted as anything created after 1945 -- accounts for a growing share of sales, with 20 percent of the market, up from 3 percent in 2000.
E-commerce in the UAE surged to over $5 billion in 2021 and is projected to surpass $8 billion by 2025,...More consumers in the UAE made online purchases across all categories during 2021, compared to 2020, with 75 percent of respondents typically purchasing online.
The UAE and Qatar are on top, with GDP-per-capita above $40,000 and internet penetration above 90 percent.
