Business - TRENDS MENA

Dubai has promulgated a new law in order to regulate virtual assets that are becoming popular with many investors in...
“We established an independent authority to oversee the development of the best business environment in the world for virtual assets," Sheikh Mohammed tweeted
Virtual assets exist digitally and can include cryptocurrencies like Bitcoin and Ethereum
Nudged by high oil prices, Saudi stocks inched up as the main index, TASI, gained 0.24 percent to touch 12,882,...
Oil prices kept rising rapidly, as Brent crude oil peaked at $130.85 per barrel, while US WTI crude reached $125.96 per barrel
Wataniya Insurance Co. gained 4.40 percent at the opening bell to be the top gainer at the opening bell
The companies are Emirates Global Aluminum (EGA), Abu Dhabi National Energy Company (TAQA), Dubai Holding and Emirates Water and Electricity...
TAQA and Dubai Holding envisage acquiring EGA's electricity generation assets in the UAE, holding a 50 percent share each.
For TAQA, the acquisition of EGA's power assets would increase the company's UAE-based capacity to more than 23 gigawatts.
Deadly strikes on Saudi Arabia and the United Arab Emirates claimed by Yemeni rebels have been the talk of shows...
Around 600 companies from about 40 countries showed off the latest military technology at the World Defense Show in Riyadh.
The General Authority for Military Industries, which oversees the Saudi defense industry, has made 22 deals with national and international enterprises worth some $2bn.
Kyrgyzstan and the UAE have discussed enhancing the investment and trade cooperation between the two sides. Mohamed Ali Musabbeh Al...
Both sides agreed at a meeting to organize a business visit by a delegation from the chamber to Kyrgyzstan.
The meeting also discussed several projects and investment opportunities that will increase the trade exchange between Kyrgyzstan and Ras Al Khaimah.
Over 27,800 new member companies joined the Dubai Chamber of Commerce in 2021, a 66.8 percent increase compared to 2020,...
The Chamber said it also achieved its goal of becoming 100 percent paperless by the end of 2021, representing an important milestone in its digital transformation mission.
The value of exports and re-exports of Dubai Chamber of Commerce members amounted to AED227 billion.
Some 80 percent of Saudi Arabia's employers are considering to add to their workforce in 2022, with a reasonable decline...
The Hays report noted that 43 percent of employers intended to expand their workforce in 2021, while it was just 29 percent in 2020
The research report suggests that 2022 may face a drought in hiring employees who fall under technology, managerial, and leadership
The dividend is 53.4 percent of the net profit earned by the firm last fiscal.
The total dividends to shareholders amounted to AED3.15 billion since its inception in 2004, Empower said.
The company reported total revenue of AED2.464 billion in 2021, increasing 9.3 percent compared to 2020.
At a landfill in southern Gaza, mounds of discarded batteries pile up, rusting cells that pose a growing health risk to...
Batteries are an essential power source in Gaza, where public electricity supply is sparse and infrastructure has decayed since an Israeli blockade of the enclave began in 2007
Battery collection is also a source of income for the impoverished territory, where unemployment rates hover around 50 percent
Telegram's founder Pavel Durov has accepted that "Telegram channels are increasingly becoming a source of unverified information related to Ukrainian...
The fake account of Ukraine's President which was asking Ukrainian forces to surrender reached 20,000 followers on Telegram before it was suspended by the company
Telegram decided not to restrict its access in Russia and Ukraine territory as many users complained that it's an important source of information