Saudi Arabia secured a $2.5 billion revolving credit facility from Abu Dhabi Islamic Bank, Credit Agricole SA, and Dubai Islamic...
Five of seven GCC equity market indices under coverage ended 2024 on the rise, according to an in-depth report on GCC equity...
Q3 revenue was up 11.6 percent at US$10.11 billion.The company said the results make it possible to confirm its financial targets for 2022, which it raised during the previous quarter.
Telefonica said that it expects its core earnings growth to be "mid-to-high-end of the low single digit".
Hundreds of smaller shrines opened up in Iraq -- many outside the purview of the religious authorities, which are often...Iraq's Waqf, the body in charge of managing Shiite mosques, tombs and other places of worship, reports that only 135 out of Iraq's 664 known sanctuaries are formally registered
Most such sites are dedicated to relatives or descendants of Imam Ali, the son-in-law of the Prophet Mohammed and the founder of the Shiite strand of Islam
Hamadi started a decade ago by gathering donations to buy 50 solar water heaters and 140 photovoltaic panels.Hamadi started a decade ago by gathering donations to buy 50 solar water heaters and 140 photovoltaic panels
Chayeb, a farmer, said the Makthar model had helped his family and given his children better school meals and business skills
Some of Germany’s leading industrial companies participated in a roundtable event hosted by the UAE Ministry of Industry and Advanced...From the UAE side, representatives from ADNOC, Abu Dhabi Department of Economic Development, Abu Dhabi Investment Office, and TAZIZ were present.
The delegates also discussed the future of supply chain opportunities in a post-pandemic world.
Ceer will design, manufacture and sell a range of vehicles in Saudi Arabia and the MENA region, including sedans and...Ceer is projected to directly contribute US$8 billion to Saudi Arabia’s GDP by 2034, the PIF said. Ceer vehicles are scheduled to be available in 2025.
Each vehicle will be designed and manufactured in Saudi Arabia, and tested to the highest global automotive quality control and safety standards.
Europe must act immediately to prevent a shortage of natural gas next year as Russia slashes deliveries in the wake...IEA Executive Director Fatih Birol said he would hold talks on Friday with several European governments.
He said that Europe needs to take immediate action to avoid risks of natural gas shortage next year.
UAE and Indonesia have signed a Declaration of Intent to boost economic and social development between the two countries and...The declaration was signed between the UAE Ministry of Energy and Infrastructure and the Indonesian Ministry of Energy and Mineral Resources.
It was signed during a joint meeting between the two countries at the Abu Dhabi International Petroleum Exhibition Conference ‘ADIPEC 2022.
Bank announced a share buyback of US$1.4 billion.The bank said its Polish unit took a US$334 million hit from new regulations allowing borrowers to suspend mortgage loan payments.
ING said that it benefited from higher interest rates, which central banks have been hiking aggressively in efforts to tame inflation.
Profit was due to high demand for pricier luxury models.Car deliveries were down nearly one percent over the period as the industry continues to grapple with supply chain disruptions.
BMW said higher prices for its premium vehicles had helped deliver a solid third quarter.
Fastening weapons or drugs to livestock to cross borders is an age-old smuggling trick. Latin American cartels took this a...The creativity of smugglers continues to astound the authorities, with seizures more often the result of tip-offs than the technological prowess of customs checks
More than 5.3 million pills were found by the Saudi authorities in a large shipment of pomegranates in April 2021, with the drugs stuffed inside some of the fruit
