The company achieved the 500,000-boed milestone this year.

The Wyndham Grand Doha West Bay Beach, St. Regis Marsa Arabia Island and the Rixos Hotel Doha will soon unveil an exciting range of culinary concepts.

A week after the airline was forced to cancel all flights due to a pilots’ walk-out on Friday, affecting 130,000 passengers, Lufthansa pilots will strike again this week, escalating a wage dispute. Cockpit, the pilot union, said the airline has not yet approached them and not put forward a new...

The shopping app looks to widen its market in MENA.

The auto giant officially signalled its intention to go ahead with the IPO on February 24, the day that Russia began its invasion of Ukraine. "This is a historic moment for Porsche," new Volkswagen CEO Oliver Blume said, adding that Porsche could have "greater independence" and be one of "the...

In a thinly veiled criticism of the OPEC's decision to cut supply, the US said that oil production must be kept up to bolster global economic growth. White House Press Secretary said that President Joe Biden ‘has been clear that energy supply should meet demand to support economic growth and...

DMCC has hosted the unveiling of one of the world’s largest internally flawless fancy vivid pink diamonds – the "Williamson Pink Star" – at the Dubai Diamond Exchange (DDE).

In spite of the Western sanctions, Russia has raked in some $158 billion in energy exports in the six months since the war, with the EU accounting for more than half. Natural gas prices have jumped to record levels in Europe as Russia cut off supplies.

Prioritizing labor market reforms, boosting employment and ease of doing business is likely to make the Kingdom one of the world’s fastest-growing economies this year, says expert.

The kingdom is the largest economy in the Middle East, making it a key market for any firm operating in the region.

DUBAI, UAE - Dubai real estate market recorded 568 sales transactions worth US$373 million (AED1.37 billion) on Monday, data released by Dubai's Land Department (DLD) showed. Additionally 93 mortgage deals of $53 million ( AED197.58 million) and 23 gift deals amounting to $233 million (AED858.27 million), the DLD revealed. The...

Abu Dhabi National Oil Company (ADNOC) Monday announced the award of a US$548 million (AED2.01 billion) contract to build a new main gas line at its Lower Zakum field offshore of Abu Dhabi.

Innovative technologies to produce green hydrogen using clean and renewable energy are witnessing rapid developments and studies indicate that green hydrogen production will increase by 57 percent annually to reach 5.7 million tonnes in 2030.

A seminar organized at the film festival discussed the kingdom's cash rebate program, which is aimed at attracting international producers to Saudi.

The National Center for Government Resources Systems (NCGR) launched its comprehensive strategy (2022-2025).

Riyadh, Saudi Arabia—Saudi Arabia’s General Authority for Small and Medium Enterprises (Monsha'at), has signed a cooperation agreement with Aramco’s Center for Entrepreneurship (Wa'ed), to develop entrepreneurship in the Eastern Province. The two sides will provide shared office spaces, financial grants, and business development and mentorship programs to enable SMEs to...

They will offer inventory solutions to their local, international clients.

The food delivery platform saw rise in orders on its app in H1.

Looking to tide over the persistent problem of a lack of energy supply in the country, particularly in the summer due to high temperatures, the Iraqi Ministry of Electricity says it needs 35,000 megawatts of energy to achieve self-sufficiency.

The Public Investment Fund has launched a new company aiming to digitize and develop the local real estate sector through a comprehensive digital platform.

Most of the data breaches reportedly happen within the organization, but the silver lining is that organizations are handling these more effectively now.

The $2.7m loan was financed by "Rasmala" for a vessel.

The UAE Ministry of Education has approved the Code of Conduct for professionals in the sector to set up clear, public ethical standards, rules and principles of conduct.

The leader of Italy's far-right League party, Matteo Salvini, has sparked debate by saying that the unprecedented sanctions the West had imposed on Russia over the Ukraine invasion weren't working. "Several months have passed and people are paying two, three, even four times more for their bills," he told Rtl...

Faced with a winter without the energy supplies from Russia, Sweden has turned to Nordic and Baltic energy companies promising them liquidity guarantees worth billions of dollars. It is an attempt to prevent a crisis sparked by Europe’s energy crunch, leading Swedish PM to say that it was facing the...

The two have co-developed the FTSE ADX Growth Market Index.

The import of plastic products into Saudi Arabia has shot up 18 percent to 456,000 tons in the second quarter of the current year as against 386,000 tons during the same period of last year.

Social Security statements reached QR 78 million in July 2022, for 14,495 beneficiaries, recording a monthly decrease of 0.2% for the value of social security.

A senior UAE official at the Ministry of Energy and Infrastructure said that his country is committed to collaborating with the international community to confront challenges facing the global energy sector.

Google pulled the Parler app from its online marketplace just days after the deadly attack on the seat of US government on January 6, 2021, saying it had allowed "egregious content" that could incite more violence. Parler had become a haven for far-right personalities who say they have been censored...

Ajman Bank and Mastercard have partnered to launch Touch Card, a payment card that will allow blind and partially sighted people to easily facilitate payments and distinguish between their cards.

In its June 2022 report, CBUAE noted that the number of employees in the country’s banking sector increased to 34,332 at the end of the first half of 2022.

In spite of monetary policy tightening, Egypt has seen the market capitalization of its stock exchange vault by $2.7 billion in August

The Saudi firm will buy UAE company for an unknown sum.

Spark Security Services employs over 5,000 security professionals.

G7 industrialized powers vowed Friday to "urgently" move towards implementing a price cap on Russian oil imports in a bid to cut a major source of funding for Moscow's war in Ukraine. The G7 said it was working towards a "broad coalition" of support for the measure but officials in...

Prime Minister of Jordan Dr. Bisher Khasawneh met Kuwaiti Minister of Information and Culture Abdul Rahman Al-Mutairi, who is in the Kingdom to head his country's delegation in the 21st Amman International Book Fair.

Dubai Electricity and Water Authority (DEWA) 's Research and Development (R&D) Center has registered its sixth patent for a user-friendly robotic carrier to transport and lift solar photovoltaic panels easily from any surface.

Dubai, UAE--Dubai's real estate market recorded a total of 2.593 transactions worth AED7.4 billion ($2 billion) during the week ending Friday, according to statistics from the Dubai Land Department. The statistics showed that 320 plots were sold for AED1.75 billion, and 1,720 apartments and villas were sold for AED3.55 billion....

Dubai, UAE--The number of innovations at Dubai Customs have been significantly increasing, as shown by the department's Innovation League, which is Innovation Centre's leading initiative to stimulate and encourage competition between departments and employees to develop more innovations. The Innovation League results showed an increase in the number of innovations...

There was not yet talk of online life moving to virtual worlds when a "far-fetched" musing by Google co-founder Larry Page prompted Street View, which lets users of the company's free navigation service see imagery of map locations from the perspective of being there. Now the metaverse is a tech-world...

Narasimhan, who was most recently chief executive of Anglo-Dutch multinational Reckitt, will relocate to Seattle from London and join Starbucks on October 1, the company said in a news release. Following a stretch working with longtime Starbucks CEO and interim boss Howard Schultz, Narasimhan will take over the top spot...

The trial of "Edit Tweet" will begin with internal employees, then be expanded out to the platform's "Twitter Blue" subscription population, the company said. Under the revision being studied, users could edit a tweet "a few times" in the 30 minutes after the initial posting, in ways that transparently note...

Saudi women, who had begun with small projects, are now creating startups and setting up factories, highlighting drastic change in business environment in the Kingdom.

Riyadh, Saudi Arabia--SABIC, BASF and Linde have begun work on the construction of the world's first model of an electrically heated steam cracking unit. The new technology relies on the use of electricity from renewable sources instead of natural gas, which can reduce carbon dioxide emissions from one of the...

Abu Dhabi, UAE:  Abu Dhabi National Oil Company (ADNOC) announced on Thursday that its first shipment of low-carbon ammonia has left the UAE bound for Hamburg, Germany. This is the first ever cargo of low-carbon ammonia to be shipped to Germany. The demonstration cargo will be delivered to Aurubis, a...

As the world economy struggles to recover from the after-effects of the pandemic, financial markets are more volatile than ever.

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

Qatar Financial Center Authority and UBS Asset Management will collaborate to set up a green sustainable private markets initiative in Qatar, encouraging investments in the energy storage, eco-transport, food security and environmentally sustainable technology venture capital sectors.

The endearing "Extraordinary Attorney Woo", featuring a neurodivergent attorney, has been Netflix's most-watched non-English show for over a month, following a path blazed by fellow Korean smash "Squid Game". Even K-pop sensation BTS are fans of the global hit, with band members posting a video performing the signature greeting between...