WEF24: Tech investment drives China’s growth
China's GDP is expected to grow 5 percent this year as the country has significantly recovered from COVID-19, Xiaoyan Zhang...
Interview
Economic forum in Amman to enhance trade ties between Iraq, Jordan
AMMAN, JORDAN - The Iraqi Business Council, in collaboration with the Jordanian and Amman Chambers of Industry, is set to...
Business
Post-merger Saudi fund to rival world’s biggest
The merger would reduce costs and help increase investment returns The merged entity now boasts of assets worth $250 billion...
Qatar most peaceful country in MENA region
Qatar ranked the 29th most peaceful country by the Global Peace Index, two places higher than last year's ranking Violence...
Kuwait sovereign fund loses gleam as politicians squabble over make-up of board
The term of the board overseeing the fund expired two months ago This dispute is also delaying investment and economic...
Jordan approves a slew of measures to revive tourism in Petra
Once a great attraction for tourists, the region was badly affected by Covid-19 curbs Among the initiatives approved during a...
Abu Dhabi’s non-oil foreign trade reached Dh201.2 billion in 2020: Abu Dhabi Customs official
Saudi Arabia is Abu Dhabi's biggest trading partner at AED 44.43 billion Abu Dhabi Customs accomplished more than 1,093,144 digital...
Emirates to fly from India again as Dubai lifts ban over virus
Dubai said that only passengers from India 'who have received two doses of a UAE-approved vaccine' would be allowed to...
Dubai Airport to reopen Terminal 1
The reopening of the facilities will enable the return of 40 plus international carriers that are currently operating at Terminals...
Bahrain’s Batelco mulls Saudi listing
In case of Saudi listing, Batelco will become the first company to have a dual listing of shares on the...
Saudi stocks lead GCC region in losses
Tadawul All Share Index (TASI) loses 62.37 points and drops as much as 0.57% Trading valued amounted to around US$3.08...
Qatar could make $20 billion from hosting soccer World Cup next year
The figure of $20 billion represented 11 percent of the country’s gross domestic product in 2019 The construction and...
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
WEF24: Tech investment drives China’s growth
China's GDP is expected to grow 5 percent this year as the country has significantly recovered from COVID-19, Xiaoyan Zhang...
Interview
Company News
Latest News
Iraq seizes big haul of captagon pills headed for local market
Continuing with its crackdown against drug traffickers in the country, Iraq security forces on Tuesday said they had taken into...
Economy
Dubai records 78% realty sector YoY growth in May
Dubai, UAE: Dubai's property sector has witnesses a 78 percent increase in sales volume in May 2023 when compared to...
Economy
UAE aims to drive sustainable development with its new policy on energy market
Dubai, UAE-- The UAE has set its sights on regulating the energy providers market as a step toward developing the...
Economy
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Economy
Regulating energy providers crucial for sustainability
“The new policy will contribute to the UAE’s GDP and help achieve financial returns that amount to AED21.5 billion (US$5.85bn)...
- UAE enforces policy to regulate energy providers, boost infrastructure, and foster investments, innovation, and modern technologies in the sector, says energy minister Al Mazrouei
- The new policy outlines contractual frameworks and public-private partnerships, targeting energy and water consumption reduction, carbon footprint, and building operational costs
Economy
Diversification, global investment key to UAE’s growth
The Gulf nation is strategically establishing comprehensive economic partnerships with various countries in bid to diversify its economy and encourage...
- The Gulf nation is strategically establishing comprehensive economic partnerships with various countries in bid to diversify its economy and encourage global investments
- As of June 2023, the UAE has entered into five such agreements, notably with Israel, India, Indonesia, Turkey, and Cambodia, with plans to sign three more in the first phase
Business
Qatar provides maritime radio station licensing for small ships in Al Khor, Al Ruwais cities
DOHA, QATAR - The Communications Regulatory Authority (CRA) has announced the provision of maritime radio station licensing services for small...
- Qatar's Communications Regulatory Authority aims to process the requests of a large segment of the residents of the northern cities of the country.
- These services will facilitate the completion of their applications related to maritime radio station licensing for small ships.