Business

Air Arabia profit falls

Revenue rises despite regional cost pressures

FAB plans $4.08bn rights issue

UAE’s largest bank seeks capital for growth.

flydubai launches new flights

Riga, Salzburg, Vilnius flights begin from Dec

ADNOC Gas Q3 profit $1.34bn

Stronger earnings support higher full-year outlook

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

SEHA enhances self-services by automating 70 percent of patient bookings

The network's Virtual Outpatient Clinic completes over 460,000 tele and video consultations since its launch The company launched WhatsApp feature...

Farmers showcase olive oil brands at Saudi festival

Olive oil on display manufactured from the produce of 18m olive trees in the Al-Jouf region

UAE, Tatarstan explore food security cooperation

UAE food minister Mariam Almheiri says Tatarstan holds great promise for the UAE to diversify its international sources of food

UAE stocks gain $2.2 bn in market cap in five sessions

ADX-listed International Holding Company continued its upward streak to AED97.4 amid AED3.53 bn in transactions

Free online registration opened for 7th Middle East Hospitality Excellence Awards 2021

Arabian Ranches Golf Club venue partner for the outdoor award ceremony

Dubai’s weeklong real estate transactions valued at $2.9 billion

Dubai Land Department (DLD) records a total of 2,069 real estate and property transactions with a gross value of $2.9billion...

Aramco hires Morgan Stanley as lead adviser to sell gas pipeline stake

 Aramco's $12.4 billion oil pipeline deal could be template for hiring Company also plans to spend about $35 billion on...

Dubai private jet company to go public

With a fleet of more than 70 aircraft, the transaction could value company at $10 billion Vista was founded by...

Dale Ventures acquires majority stake in X-Golf Entertainment

X-Golf Entertainment plans to launch Middle East's first large-scale urban golf club and sports bar Company's technology allows participants to...

SNIC Insurance outsources health insurance to Health 360°

SNIC Insurance will outsource the management of its health insurance to Health 360 due to its international and regional partners...

AI in the Middle East: From potential to profit

The region is making significant strides in integrating AI into various sectors, promising substantial productivity gains and innovation, a latest...

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Ukraine grain deal failed to achieve objective, says Putin

Russian President Vladimir Putin said the main objective of the deal that allowed Ukrainian grain exports to resume was not...

ADNOC in talks with OMV

Talk merger of shareholdings in Borouge, Borealis.

60 percent of Jordan’s consumption contains plastic, rubber, says JCI

AMMAN, JORDAN - Plastic and rubber products cover 59.7 percent of the Kingdom's domestic consumption, a report by the Jordan...

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UAE-India trade rose to US$384bn in 2013-22

ABU DHABI, UAE - The significant growth in the volume of non-oil trade between the UAE and India signifies the...
  • CEPA will help deliver the target of reaching US$100 billion in non-oil trade annually over the next five years.
  • During 2020-2022, non-oil trade between the UAE and India has grown from US$27.9 billion to US$51.4 billion last year.

Saudi Arabia’s robotics commercial records rise by 52% in Q2

Riyadh, UAE - Commercial registrations in Saudi provinces for the robot technologies sector increased by 52 percent by the end...
  • According to the Ministry of Commerce's recent business sector bulletin, Riyadh City topped Saudi provinces in the issuance of commercial registrations for the sector
  • Robotics is one of the Kingdom’s promising sectors and is among the opportunities listed by Saudi Arabia’s Vision 2030 for the business sector

Saudi Arabia sails towards ambitious maritime goals

"The noteworthy achievements include substantial developments in logistics services, fostering a closer relationship with the International Maritime Organization, and supporting...
  • Saudi Arabia has made remarkable strides in the maritime sector, says Saudi Ambassador to the UK, Prince Khalid bin Bandar bin Sultan bin Abdulaziz
  • The strides include significant developments in logistics services, collaboration with International Maritime Organization, and marine environmental conservation