Business - TRENDS MENA

Dubai, UAE--Dubai welcomed 1.77 million international tourists in January 2024, an increase of 21% compared to 1.47 million visitors in...

The exchange is based in Dubai Multi Commodities Centre.
Dubai Multi Commodities Centre said the office is set to increase the ease of doing business for Israeli diamond companies.
The opening comes a day after DMCC announced that the UAE has become the world’s largest rough diamond trade hub.
London's Heathrow airport announced Wednesday it narrowed annual losses only slightly in 2021 despite the reopening of global air travel,...
The airport, one of the world's busiest hubs, had already suffered a £2 billion loss in 2020 as the pandemic grounded flights worldwide.
The UK aviation sector had strongly criticized the British government over its long-lasting travel curbs that especially hit the tourism industry.
ADNOC L&S' LNG Carrier Ish will be used as a Floating Storage Facility.
Under the agreement terms, starting Q3 2022, AG&P will use the carrier for the first LNG Import Terminal in the Philippines at Ilijan in Batangas Bay (PHLNG).
The vessel is part of a fleet of eight LNG vessels operated by ADNOC L&S and is currently under contract to ADNOC LNG, a subsidiary of ADNOC.
Iraq is looking to partner with Halliburton Co. and Aramco to tap into oil and gas reserves in the Western...
The Iraqi ministry is finalizing the commercial terms of work
The country is also discussing with Aramco the possibility of funding and developing a natural gas field, also known as Akkas
Al-Dawaa, Saudi pharmacy chain, has raised $27 billion in equity from institutional investors after its first sale of shares to...
With the order book 53.8 times oversubscribed, the final offer price has been set at SR73 per share, according to a bourse filing
Individual subscriptions will be invited between Feb. 27 and March 1, offering a maximum of 2.55 million shares
The rise in exports was 7 percent when compared to November of the same year.
Exports to Israel increased in December by 12 percent compared to November
Exports to other countries decreased by 19 percent during the same period
Passenger and aircraft movement and air cargo traffic at QAIA remained far lower than pre-pandemic levels.
Aircraft movements grew to 4,630 in January, 127.2 percent up from the same period last year
Air freight traffic also reached 4,048 tons in January, 13.6 percent up from the same period in 2021
The decree implemented on an "emergency" basis took effect on Friday based on a 'request' of a former government of...
US has imposed restriction on importing ceramics, paintings, glass, ivory, ancient textiles, tiles and wood pieces from Afghanistan
This regulation on import could be troublesome for collectors or curators who already have items on their way to the US
The failure of countries to crack down on the marketing of breast milk substitutes means far too many children are...
The $55-billion formula milk industry is said to systematically deploy aggressive marketing strategies
It is said to spend up to $5 billion a year to sway the decisions of parents on how to feed their infants
Syrian authorities on Monday granted a rare license to a new telecommunications company that will start operating in nine months,...
Wafa Telecom will become Syria's third telecoms operator in a market currently controlled by Syriatel and MTN
Wafa Telecom CEO Ghassan Saba said the company relied on foreign expertise, amid reports of Iranian investments in his firm