Innovative building codes transform MENA construction
Two emerging construction processes gaining popularity, especially in the MENA region, are 3D printing of concrete structures and offsite construction....
Opinion
KLM to fly to 7 destinations in Middle East
KLM will fly to seven destinations in Middle East in the summer 2021 – the same number as in 2019....
Trella closes US$42m funding round
Proceeds will be used by Trella to invest in tech capacity and product development to fuel growth Trella connects shippers...
Women’s economic empowerment SheTrades initiative launched in Egypt
SheTrades aims to connect 3 million women, entrepreneurs, to markets by the end of 2021 The Egyptian chapter of the...
Estimated IVF market in UAE, KSA, Egypt about $1b
Colliers white paper explains why IVF popular in MENA region despite high population growth IVF one of leading treatments undertaken...
Emirates Dev. Bank, Beehive in pact to provide finance to small enterprises
Under the deal, Beehive will provide $8.16 million as loans to qualified businesses Beehive uses crowdfunding to connect small businesses...
Dubai Airshow to be held in November under capacity restrictions
The show is seen as a psychological boost for airlines, plane makers The Airshow will be the largest aerospace trade...
Iraq’s leading telecom provider wins 2 International Finance Awards
Company awarded Best Telecommunications Company and Best Corporate Socially Responsible (CSR) Company Asiacell network covers 99.06 percent of the Iraqi...
Sojern’s Co-Op solution helps Abu Dhabi boost tourism recovery
Abu Dhabi hotels increase direct bookings through a targeted, digital display and social media advertising campaign DCT Abu Dhabi has...
Saudi Arabia, Estonia strengthen partnership in digital govt, economic fields
Estonian exports to Saudi Arabia totaled $80 million in 2020 Estonian delegation presented a workshop aimed at consolidating frameworks of...
Dar Al Arkan launches 3D construction tech in Saudi Arabia
Dar Al Arkan tied up with Danish 3D construction printer company Cobod The first 3D construction printed house would be...
Innovative building codes transform MENA construction
Two emerging construction processes gaining popularity, especially in the MENA region, are 3D printing of concrete structures and offsite construction....
Opinion
Company News
Ajman Bank, EIH ink deal
Economy
Hermes Q1 revenue at US$3.7bn Â
Business
Latest News
DSCE gets ISO 50001, net-zero certifications for sustainable energy management
DUBAI, UAE - The Dubai Supreme Council of Energy (DSCE) has received the ISO 50001:2018 in energy management systems and...
Business
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Business
QIB posts 7.7% profit rise
The net profit shot up to US$538m in H1 of 2023.
- The bank said its earnings per share amounted to QR 0.83 on June 30, 2023 as against QR 0.77 in the same period of last year
- The total assets the bank now stand at $50.27bn., financing assets reached $33bn and customer deposits now stand at $32.14bn
Economy
GCC, Japan resume Free Trade Agreement negotiations
Jeddah, Saudi Arabia--Looking to consolidate trade and investment ties, the Gulf Cooperation Council (GCC) and Japan announced their resumption of...
- GCC Secretary-General Jassem Mohamed Albudaiwi met with Prime Minister of Japan Fumio Kishida for talks and later their representatives signed a joint statement
- GCC secretary general said Japan's exports from the GCC countries touched $76.7 billion and its imports to the GCC was valued at $22 billion
Economy
Jordan, World Bank sign US$250m agreement to boost water efficiency
Amman, Jordan--Jordan and the World Bank have signed a $250 million financing agreement for a water sector efficiency project in...
- Nearly $200 million of the amount will be a soft loan from the International Bank for Reconstruction and Development, and $50 million will be in the form of a grant
- The Jordanian minister praised the World Bank for its partnership with the kingdom's government and support for reform and development needs in the country