The bank would initiate a share buyback of up to US$2 billion.
"We continue to capitalize on the promising opportunities in this market through innovative offerings and solutions, while strengthening our substantial...
Netflix currently rules the roost in the Middle East. Therefore, the Disney+ expansion should be a clarion call for regional...The Disney launch covers almost all of the Middle East and good chunks North Africa
In all, Disney+ is expanding to 42 countries and 11 territories in the EMEA region
The first location is scheduled to open in Dubai later this year.Dine Brands International is set to open multiple Applebee's Neighborhood Grill + Bar and IHOP restaurants in the UAE
The first location will open in Dubai later this year through an agreement with established IHOP Franchisee
The Saudi Export Development Authority organized a meeting of a group of Iraqi and Saudi businessmen to discuss opportunities for...The volume of exports of foodstuffs and construction constitutes about 60% of the total volume of the Saudi exports to Iraq
Saudi Arabia imports aluminum scrap as well as iron scrap and some foodstuffs such as dates and rice from Iraq
Moroccan ports have recorded a significant evolution of overall port traffic, which has risen from 172.1 million tons in 2020...The maritime and port sectors have overall shown great resilience to the Covid-19 pandemic
The transshipment accounted for 41.9 percent of overall traffic, followed by imports of 33.3 percent
Developing countries lagging in vaccinating their populations have been pushing for waivers on the patents on Covid-19 vaccines.The vaccine accord will pe possible after the EU-African Union summit on February 17-18 in Brussels
Access to vaccine can be improved by lifting as far as possible restrictions to their distribution, says French minister
Qatar ruler Sheikh Tamim bin Hamad Al-Thani has the Ukraine crisis, efforts to engage the hardline Taliban administration in Afghanistan,...Gas supply is a key area Europe fears could be affected if Russia takes military action in Ukraine
Australia, Qatar, and the United States are the world's biggest exporters of natural gas used as fuel
The Emirati indices managed to show gains throughout the week, while the Saudi index was unchanged.After a tumultuous session, Saudi Arabia’s main index closed unchanged on Thursday
The Dubai index advanced 0.5 percent on Thursday, supported by a 1.5 percent jump in NBD Bank
The record real estate transactions will contribute to driving the sector in the next 50 years during which the UAE...Real estate transactions worth almost AED 300 billion ($81.67 bn) were recorded last year, which is the highest ever in the recorded real estate history of Dubai.
December 2021, in terms of overall index numbers, was the highest since February 2019 and the highest for index value since August 2018.
The non-oil trade through Abu Dhabi ports during 11 months in 2021 amounted to AED190.20 billion ($51.78 bn), an increase...Imports accounted for AED83.63 billion of the non-oil trade and non-oil exports for AED71.17 billion, an increase of 5.4 percent compared to the same period last year.
The re-exports were valued at nearly AED35.39 billion, an increase of 10 percent compared to 2020.
Emirates Telecommunications Group Company PJSC (Etisalat Group) has completed the acquisition of elGrocer DMCC, the company said it a statement.Founded in 2015, elGrocer is a leading online marketplace for groceries operating in all seven Emirates of the UAE
The acquisition of elGrocer will complement Etisalat UAE’s existing marketplace services under the ‘Smiles’ brand
