Saudi Arabia aims to build ties with Canada in scientific and research fields
Riyadh, Saudi Arabia-- Saudi Arabia is exploring investment opportunities in education and aiming to attract investments to the kingdom from...
Business
Abu Dhabi Judicial Department’s Auction App generated $925m in property sales
Abu Dhabi, UAE - Since its launch in June 2022 through mid-February 2024, the Abu Dhabi Judicial Department's (ADJD) Auction...
Business
Dubai Chambers reform aims to raise annual foreign trade to $540 billion
The emirate’s annual trade stood at $320 billion in 2020 Foreign trade focus likely on high-growth markets like Latin America,...
Mubadala sells 4.5 percent Oil Search stake for $275m
Abu Dhabi’s sovereign wealth fund Mubadala Investment Company has offloaded A$363 million ($274.82 million) share in Oil Search, which has...
51% MENA businesses face financial crime risks: Refinitiv
Growth in digitalization has led to an increased risk of cybercrime Risk and compliance practices may fall short of global...
Lufthansa Technik to provide technical expertise to Joramco
The agreement will allow Joramco to enhance its in-house capabilities LTME will relocate a number of its spares to Joramco...
UAE and Israel to sign more cooperation deals
The two countries normalized ties last year Israeli foreign minister calls new consulate a 'center of cooperation' The United Arab...
Emirates NBD expects UAE GDP to grow by 1.5 percent in 2021
Revenues to grow 12 percent on higher oil prices and taxes A 7 percent increase in total government expenditure also...
Saudi Arabia mulls industrial zone in Oman
Saudi Arabia has launched a plan to wean the economy off oil Oman said it will start granting residence visas...
Qatar’s Ahli Bank looks to raise up to $500 million via bonds
The bank is bucking the trend of Additional Tier 1 bond issued There have been relatively few senior bond sales...
Etihad to continue with ‘Verified To Fly’ travel platform
Abu Dhabi – Etihad Airways will continue to use the 'Verified To Fly' platform, which allows travelers to validate their Covid-19...
Saudi Arabia is 2nd in Global Cybersecurity Index
The kingdom also ranked first in the Arab world, Middle East, Asia Cybersecurity authority said it would continue efforts to...
Saudi Arabia aims to build ties with Canada in scientific and research fields
Riyadh, Saudi Arabia-- Saudi Arabia is exploring investment opportunities in education and aiming to attract investments to the kingdom from...
Business
Company News
Merck to buy Prometheus
Business
Latest News
Saudi Arabia’s exports to Turkey hit $13.93 billion in three years
Riyadh, Saudi Arabia -- Saudi Arabia’s exports to Turkey during the past three years amounted to SAR 52.280 billion ($13.93 billion),...
Business
QatarEnergy 2022 net profit $42.46bn
QE is working to increase LNG production capacity by 64%.
Business
Masdar City to have Middle East’s first high-speed hydrogen refueling station
Abu Dhabi, UAE -- Abu Dhabi National Oil Company (ADNOC) has commenced the construction of the Middle East's inaugural high-speed...
Business
Most Read
Economy
Qatari small and medium-sized companies sign deals worth US$201m in H1
Doha, Qatar--Small and medium-sized companies in Qatar have signed deals worth $201 million during the first half of 2023, benefiting...
- Tasdeer said that many Qatari companies took part in international exhibitions and trade missions, including Gulf and Arab markets as well as Turkey and India
- It is eager to continue its programs seeking to accelerate the development of the private sector in line with the National Vision of Qatar 2030
Business
Rise in foreign sukuk offset by local currency decline
Saudi Arabia's reduced banking liquidity and lower oil prices have led to a decline in local currency sukuk, but a...
- Saudi Arabia's reduced banking liquidity and lower oil prices have led to a decline in local currency sukuk, but a surge in foreign currency issuances, says a report
- A new report by S&P Global Ratings indicates mixed activity levels, suggesting the need for harmonization of Sharia standards to attract non-core jurisdictions
Business
Middle East tackles AI hurdles, embraces opportunities
The region, rich in history and culture, is expected to accumulate substantial global AI benefits, reshaping its traditional sectors and...
- The region, rich in history and culture, is expected to accumulate substantial global AI benefits, reshaping its traditional sectors and driving innovation, reports suggest
- Tradition and technology harmoniously coexist in Middle East as it stays committed to AI integration despite some industries grappling with implementation challenges