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ADQ, Orion to establish JV

The partners commit to deploying $1.2bn in the next four years.

Alpha Dhabi acquires interest in NCTH

The deal increases NCTH's portfolio to 8 hotels with 1,500 keys.

Meraas awards construction contract

The $272m contract has been awarded for Bluewaters Bay.

SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.
  • Jordan removes customs fees on more than half of imports

    Cars, alcohol, and tobacco would not be exempted from customs fees, Jordanian Finance Minister Mohammad al-Ississ has said.

    The Jordanian government's order to reduce and standardize customs fees has been published in the official gazette

    It will come into force next week, ensuring that 53 percent of all goods are exempt from customs fees

  • Airbus delivers 611 passenger jets in 2021

    A320 family planes, which are most frequently used for short and medium-range flights, accounted for more than three-quarters of last...

    A320 family planes, which are most frequently used for short and medium-range flights, accounted for more than three-quarters of last year's deliveries

    Wide-body, two-aisle plane deliveries continued to lag, which reflected the much slower recovery in international flights

  • Take-Two to Zynga for $12.7bn

    The GTA-maker plans more smartphone versions of its games.

    Take-Two is a leader in console and personal computing games like Grand Theft Auto, Red Dead Redemption, and NBA2K

    Zynga is known for its mobile-device games, like Farmville, which became a phenomenon in the 2010s on Facebook

  • Over 6m cellphone subscriptions in Oman till Nov 2021

    During the same period, fixed internet subscriptions totaled 526,367 and the fixed landline subscriptions went up to 577,966.

    During the same period, fixed internet subscriptions totaled 526,367 and the fixed landline subscriptions went up to 577,966

    The period saw the capacity of the internet decrease by 2.6 percent to 1,501,777 megabytes

  • Three-day international e-marketing, e-commerce exhibition begins in Riyadh

    The President of the Saudi Post Corporation "Sabil" Anf bin Ahmed Abanmi, inaugurated on Monday the Saudi International Exhibition for...

    The concept of creating websites for Electronic platforms and applications in the field of marketing and e-commerce will be a part of the event.

    The exhibition will hold a number of sessions, training courses and free workshops with certificates of attendance, presented by a group of specialists.

  • UAE private sector asked to pay employees through Wage Protection System

    The UAE Ministry of Human Resources and Emiratization (MoHRE) called on private sector establishments to commit to timely paying the...

    Ministry of Human Resources and Emiratization asks employers to register and document any agreement with their workers regarding the change of wages through the approved system.

    The UAE has been the pioneer in launching the WPS, which, since its implementation in 2009, has been praised by the International Labor Organization.

  • UAE and Mexico discuss parliamentary cooperation

    Dr. Tariq Humaid Al Tayer, Head of the Emirati-Latin American and North American Parliaments Friendship Committee of the Federal National...

    Both sides discussed ways of boosting the parliamentary cooperation between the UAE and Mexico, by signing a Memorandum of Understanding (MoU)

    Al Tayer lauded the advancing bilateral relations between the two countries, which were established in 1975

  • Biggest MENA steel event begins at Expo Centre Sharjah

    The exhibition highlights state-of-the-art innovations of more than 400 world-leading brands from 30 countries

    The 4-day event is organized by the Expo Centre Sharjah with the support of the Sharjah Chamber of Commerce and Industry

    The event would display modern technologies in metal forming, laser systems for metal cutting, steel fabrication machines

  • MoHRE of UAE asks employers to pay wages via WPS

    The Ministry of Human Resources and Emiratisation (MoHRE) has asked private sector establishments to pay the wages of their workers...

    The WPS enables employers to fulfill their obligations towards their workers in the easiest way through the strategic partnership with the Central Bank

    MoHRE provides the 'Statement of Account' service to the establishments registered with it on a monthly basis

  • Zayed University teams up with Injazat for EdTech projects

    Zayed University has signed a Memorandum of Understanding (MoU) with Injazat, a Digital Transformation, Cloud, and Cyber Security company, to...

    The partnership will see Zayed University match students from their College of Interdisciplinary Studies

    The program will benefit from InGenius, the dynamic innovation lab by Injazat that follows the methodology of using agile practices, lean processes