The two airlines will work on expanding cargo interline options.

A total of 9,720 real estate sales worth $6.62 billion were recorded during the month, an increase of 69.57 percent compared to August 2021, said Moasher, which has been launched by Dubai Land Department in cooperation with Property Finder.

The Water, Energy, Technology and Environment Exhibition (WETEX) and Dubai Solar Show (DSS) saw a large turnout of visitors in its 24th edition.

Qatar has launched a forum, Tatween Platform, on job localization in the private sector, with the participation of representatives of the regulators of priority sectors in the localization of jobs. Announcing the launch, labor minister Dr. Ali bin Saeed bin Smaikh Al Marri said the sectors involved are services, tourism...

The Saudi utility now boasts of $67bn investment portfolio.

The 2022 World Cup may prove to be a big windfall for Qatar as it hopes to make some $17 billion in profit from the event. The global sporing event is expected to draw tens of thousand of football fans from around the world to watch dozens of games in...

Google said it will refund purchases of Stadia hardware, such as controllers, as well as game content bought through its online store, and that players will have access to the service through January 18 of next year, he added.

A TRENDS poll on Twitter revealed that 43.9 percent of voters preferred real estate, followed by technology at 37.4 percent.

Big tech platforms have been suffering from the economic climate, which is forcing advertisers to cut back on marketing budgets, and Apple's data privacy changes, which have reduced leeway for ad personalization. Snap and e-commerce colossus Amazon are among tech firms that have announced workforce cuts this year.

Dubai, UAE— Salik, Dubai toll operator, has listed on Dubai Financial Market under the name of "SALIK", after the offering was oversubscribed by 49 times. It is the third public offering and listing on the DFM in 2022 to date, as part of the accelerated steps to implement Dubai’s strategy...

Taking offense at what it calls "cultural appropriation", Morocco has asked Adidas to cancel newly designed footfall tops for Algeria. A lawyer for Morocco has demanded the withdrawal within two weeks of the Algerian sports top it claimed was "inspired by the art" of Moroccan zellige.

As many as seven side sessions were held on the first of the two-day specialized sessions on Metaverse.

UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the Agriculture Ministers’ Meeting in Bali as part of the G20 Summit.

Riyadh, Saudi Arabia---The Central Bank of Saudi Arabia has authorized four new financial technology companies to work under the umbrella of the legislative pilot environment in open banking. The new companies-- Wali Global Arabia for Information Technology, Sanam Saving Company for Information Technology, and Saber Arabia Company. Finance, and the...

UAE and Tanzania have signed an agreement for avoiding double taxation and preventing tax evasion.

Abu Dhabi, UAE--- AD Ports Group Thursday announced the arrival of the first international shipment at Mugharraq Port, one of the high-performing ports located within the Al Dhafra Region. This is the first shipment since Mugharraq Port was recognised as an international port facility under the provision of the International...

Dubai ranked fifth globally and first in the Arab World in the Local Online Service Index (LOSI) 2022 issued by the United Nations as part of its biennial e-government survey.

Dubai, UAE--- Dubai Multi Commodities Centre (DMCC) said Thursday it has concluded Made For Trade Live events in Miami and New York, which were aimed at attracting more companies from the US to the UAE. DMCC said it sees significant opportunities for growth in the UAE–US trade corridor, which was...

The Ministry of Energy and Infrastructure (MoEI) announced the launch of the "UAE Maritime Network".

The British government on Monday sanctioned 92 Russian individuals and entities after President Vladimir Putin's regime held referendums in Moscow-controlled areas of Ukraine -- denounced by Kyiv and its allies as a "sham" -- and stepped up threats against the West. "Sham referendums held at the barrel of a gun...

The world's number two clothing group is among a slew of Western companies that have exited Russia following Moscow's invasion of Ukraine. H&M paused all sales in the country in March and announced in July that it would wind down operations, although it would reopen stores for "a limited period...

Even as stocks worldwide suffer from surging inflation and mounting recession fears, the maker of the 911 sports car is pushing ahead with the blockbuster flotation. The initial public offering (IPO) has generated buzz in Porsche's home market of Germany, where top tabloid Bild described it as "crazy, cool, fast-paced".

Taliban officials have maintained that they are looking to strike trade deals with the international community, and have so far received oil and gas from neighboring Iran. The government has not yet been recognized by any country, but Russia has maintained bilateral ties with Taliban since before they seized power...

The 303km railway, with passenger trains traveling up to 200kmper hour, will join up with the UAE's national network that is now under construction. The joint venture between Oman Rail and the UAE's Etihad Rail was agreed upon during a visit by UAE President Sheikh Mohamed bin Zayed to Oman.

The EU's executive proposed a new round of sanctions on Moscow over its latest "escalation" in Ukraine, including an oil price cap and ban on Russian exports worth $7 billion. It also plans to expand its travel blacklist and asset freezes to include high-ranking Russian officials and organizers of the...

The SEC also charged Musk with fraud and ordered him to step down as chair of Tesla's board of directors, pay a $20 million fine and, after another controversial tweet in early 2019, demanded his tweets directly related to business of the company be vetted by a lawyer before posting.

Minister of Industry and Advanced Technology and UAE Special Envoy to Japan Dr. Sultan bin Ahmed Al Jaber and the Prime Minister of Japan Fumio Kishida have signed the UAE-Japan comprehensive strategic partnership agreement.

Abu Dhabi, UAE---The Abu Dhabi Securities Exchange (ADX) and the Muscat Securities Market (MSX) signed a memorandum of understanding (MOU) on Wednesday to exchange visions and experiences between the two parties in various fields of common interest. The MOU aims to enhance cooperation and information sharing in a number of...

Jordan's The Royal Scientific Society (RSS) and the Princess Sumaya University for Technology (PSUT) discussed with the German Research Foundation (DFG) prospects of scientific and research ties in the water sector.

The CMA has approved an application from Power and Water Utility Co. for Jubail and Yanbu to register and sell 73.09 million shares, or 29.24 percent of equity, on the Saudi Exchange.

Firm buys stake for $68 million via its subsidiary IHC Digital

This is the first payment of a full-year AED2.57 billion dividend.

Its share will be available in the price range of $24-$27.

Abu Dhabi, UAE--ADQ, an Abu Dhabi-based investment and holding company, discussed a range of investment opportunities with Oman Investment Authority (OIA), across various sectors aimed at contributing to increased economic cooperation and trade between both nations. The meeting was held on the sidelines of President Sheikh Mohamed Zayed Al Nahyan's...

Riyadh, Saudi Arabia - Saudi Minister of Tourism Ahmed bin Aqeel Al-Khatib said more cooperation is a must for sustainable future in tourism in G20 nations. It includes facing issues spawned by the Covid pandemic, taking collective action for renaissance of the tourism sector and partnerships between private and public...

The UAE-based NIFTY Souq, the MENA region’s first NFT marketplace which launched in 2021, has announced they’ve secured $1.5 million in seed investment.  Confirmed investors include Palm Ventures, Falak Investment Hub and Fitzy Fund alongside angel investors from the UAE, KSA and the US. The seed-fund investment will be used...

They will create a Buy Now Pay Later solution for retailers.

Dubai, UAE--Dubai real estate market recorded deals worth AED1.7 billion ($462 million) on Monday, according to Dubai Land Department. These include 498 sales transactions worth AED 1.24 billion, in addition to 80 mortgage deals of AED 444.06 million, and 12 gift deals amounting to AED65.68 million. The sales included 469...

Signalling a broader economy recovery in the country, four largest banks of the UAE have posted a big surge in net profit to $4.4 billion in the first half of 2022, a 10 percent jump from the 2021 profit of $3.9 billion. According to Moody's, the profits resulted from higher...

It will collaborate with Invest Seoul Agency for the venture.

The airlines have added 42 new countries to their shared network, including Italy, the Maldives, Norway, Singapore, and Sweden.

Although China has not qualified for the World Cup, but it will still mark its presence in the event with the gifting of two giant pandas to Qatar. In this regard, the country's ambassador to Doha, Zhou Jian said that "Suhail" and "Soraya" would arrive in Qatar in October, ahead...

Prodded by the IMF to implement reforms, Lebanon's parliament has approved the 2022 budget setting expenditures at $1.2 billion. The crisis-stricken country and the IMF had reached a conditional agreement on a $3 billion loan in April to help the country tackle its economic crisis.

The UAE will be relaxing COVID-19 restrictions nationwide which will come into effect starting September 28. Dr. Saif Al Dhaheri, Official Spokesperson of the National Emergency Crisis and Disasters Management Authority (NCEMA) made the announcement during the UAE Government media briefing on the COVID-19 pandemic. COVID-19 daily cases announcement will...

The volume of trade exchange between the two countries during the first half of this year amounted to AED24.2 billion.

The two firms will explore developing offshore wind projects.

The UAE recently participated in the fifth International Financial Architecture (IFA) Working Group meeting within the G20 Finance Track for 2022, which was held in a hybrid format.

The iPhone supply chain is based mainly in China but the country's zero-Covid policies and tensions with the United States have hurt production, analysts say. The California-based firm already makes older iPhone models in India via Taiwanese manufacturers such as Foxconn, which has a factory in the southern state of Tamil...

They will launch a new international dry bulk shipping service.

Several firms in the UAE have received requests from employees to adjust compensation packages in line with the inflation in the country, a global consulting firm has said.