Business - TRENDS MENA

Colombo, Sri Lanka - Sri Lanka's national airline on Tuesday blamed a rat for grounding a plane for three days, sparking...

Emirates will offer multiple daily and weekly flights throughout Australia, India, Philippines, Thailand and South Africa, many of which are...
Emirates will operate its three-class Boeing 777-300ER on the route, featuring eight private suites in First Class.
The new service to Tel Aviv will also provide 20 tonnes of cargo capacity on each flight, providing channels for Israeli businesses.
Foxconn Technology Group and Saudi Arabia are expected to jointly build a $9 billion facility that can make microchips, electric-vehicle...
The facility expected to be constructed by both is said to worth $9 billion.
Foxconn, which is a supplier to Apple Inc., is yet to confirm the deal.
Egypt and American Defense company, Lockheed Martin, have discussed ways to enhance cooperation.
Mohamed Ahmed Morsi, Egypt’s minister of state for military production, held talks with Raymond Piselli, vice president of Lockheed Martin
Morsi noted that Egypt’s growing presence in the field of security and defence is the result of economic reforms undertaken by Egypt
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 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.
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).
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