Qatar real-estate trading volume in January stands at US$521m
Doha, Qatar--The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry...
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OpenAI valued at $80bn in new deal
With this deal, the value of the firm has tripled in 10 months.
Business
UAB net profit up 80% in Q1
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Glaxo buys Bellus for US$2bn
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Ericsson Q1 net profit at $155m Â
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Qatar re-opens for fully vaccinated international travellers
The new arrangements will also make it easier for citizens and residents of Qatar to travel in and out of...
Saudi minister inaugurates projects, initiatives worth $8.35 million for pilgrims
Saudi Arabia on Thursday inaugurated several projects in Jeddah worth SAR 31.32 million ($8.35 million) to help Hajj pilgrims
Indian vehicle ecommerce firm Cars24 enters UAE market
Indian-origin ecommerce platforms for pre-owned vehicles, Cars24, has entered the UAE market after its foray into Australia
Sharjah unveils new tourism rest house project in Khor Fakkan
Sharjah as opened the Al Suhub Rest Area tourism project, located 600 m above sea level in Khor Fakkan
GCC sees $27bn worth of hotel projects lined up
The GCC has hotel investments worth $27 billion in the pipeline, said the Arabian & African Hospitality Investment Conference (AHIC)
UAE, Hungary sign agreement to boost economic cooperation, investment protection
The pact aims at securing a comprehensive balance between rights and obligations between investors and the host country
ENOC’s world-first eLink Station: can be relocated, saves space and time
The eLink Station is fully sustainable and includes vapour recovery systems to reduce emissions while loading from storage tanks. It...
ADNEC acquires DoubleTree By Hilton London ExCel
ADNEC has added a new hotel to its portfolio: the DoubleTree By Hilton London ExCel.
Dubai Investments buys additional NGI stake
Dubai Investments has acquired an additional 15.19% share of NGI from Emirates NBD Bank.
Veggie burger industry uses AI to propose beef alternatives
The algorithms can propose multiple combinations that the human expert aromaticians might not have conceived AI has notably enabled Firmenich...
Qatar real-estate trading volume in January stands at US$521m
Doha, Qatar--The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry...
Business
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Goldman Sachs net income down
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Volkswagen to invest in China
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UAB net profit up 80% in Q1
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Glaxo buys Bellus for US$2bn
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Ericsson Q1 net profit at $155m Â
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Turkey, UAE sign agreements worth over $50bn
Earlier this year, the two countries signed a Comprehensive Economic Partnership Agreement with the aim of boosting trade to $40...
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Goldman Sachs Q2 profits at $1.1bn
Profit fell due to anemic M&A market, weakness in trading.
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Microsoft, Activision gaming deal deferred
July 18 was the cut off point to finalize the $75bn deal.
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Almarai trust certificates raise $750m
The dollar-denominated certificates have annual return of 5.23%.
- Almarai told Tadawul in a statement that the certificates will be listed on the Irish Stock Exchange under Euronext Dublin.
- The certificates were issued under the $200 million Trust Certificate Issuance Program updated by the company on July 14.Â
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SALIC buys 10.7% stake in BRF
The deal is worth US$266 million (SAR1.27 billion).
- SALIC is fully owned by the Public Investment Fund.
- Brazilian firm BRF is a global leader in the poultry sector.
Business
Governments should provide incentives for green finance, says Dubai Chambers’ webinar
DUBAI, UAE – Participants at a webinar strongly supported governments providing incentives or regulatory frameworks to encourage greater participation in...
- The webinar was organized by Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers.
- The webinar provided valuable insights and guidance aimed at helping companies to access green finance, attract green investment projects.