The Arab Monetary Fund (AMF) said that the Abu Dhabi Securities Exchange (ADX) was ranked first in the Arab region in 2021, in terms of buy and sell transactions by foreign investors.

Abu Dhabi Department of Energy (DoE) Monday announced that the development of its hydrogen policy and regulatory framework aims to accelerate the UAE’s national hydrogen strategy and help the country attain global leadership in low-carbon and clean hydrogen.

Al Bateen Executive Airport has reopened following the successful completion of a major refurbishment project which will allow the airport to cater to increased operational requirement while meeting the highest levels of safety, compliance and accreditation.

Raya CX will provide outsourcing services to Zain Saudi Arabia.

The growth was propelled by a 166% growth in H1 2022.

They will enable firms to achieve UAE Energy Strategy goals.

The Saudi utility firm's sales however surged to $8.80bn.

It will proceed with an IPO of 20 percent of its capital on Nomu.

The London-listed giant added in a statement that the proposed sale would create Hungary's second largest fixed-line and mobile telecoms operator. Chief Executive Nick Read said in the statement that this combination with 4iG will allow Vodafone Hungary to play a major role in the future growth and development of...

The festival, In its seventh edition since it opened last month, has witnessed a great turnout from UAE citizens, residents, and visitors.

In a statement, CAPMAS said that the value of the trade exchange between Egypt and the UAE increased to about US$1.2 billion.

It raises Saudi low-cost airline's fleet strength to 26.

In his capacity as the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, has issued Law No. (6) of 2022 affiliating Dubai Media Incorporated (DMI) to Dubai Media Council and endorsing its objectives, tasks and organizational structure.

The indebted, privately owned company also said it would focus sales on countries belonging to the NATO alliance. In July last year, an investigation revealed that Pegasus spyware had been sold by NSO to governments around the world and used against human rights activists, politicians, reporters and others.

According to the parliamentary report, which was published by several local media outlets, the firm paid huge sums of money to officials at government institutions and other influential bodies.

The Zakat, Tax and Customs Authority has called on taxpayers from the business sector subject to value added tax (VAT) to submit their tax declaration for July, no later than August 31. The Authority has urged business sector taxpayers to promptly submit their tax declaration in order to avoid a...

Qatar Central Bank has provided in-principle no-objection to both firms.

The Unite union representing the striking Felixstowe staff said the stoppage will have a big impact at the port, which handles around four million containers a year from 2,000 ships.

Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, and Orange Jordan, will create a terrestrial system connecting Iraq to Europe through Jordanian and Egyptian territories. The two companies signed an agreement under which the new system will commercially be named...

Cross-currency payments cut the need for foreign transaction fees for customers, encourage customer loyalty and reduce cart abandonment but they have their drawbacks.

President Sheikh Mohamed bin Zayed Al Nahyan arrived in Al Alamein City on a visit to the Arab Republic of Egypt. Upon his arrival at Al Alamein International Airport, President Sheikh Mohamed was received by President of Egypt, Abdel Fattah el-Sisi. The two leaders discussed bilateral cooperation and strategic partnership...

Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority said that RTA had achieved the targeted energy efficiency performance indicators 2021 and reduced total energy consumption.

The 8th World Green Economy Summit (WGES), to be held in Dubai, will focus on developing investment partnerships in green projects and financing. It will promote investment and employment opportunities in the sector.

High pilgrim traffic caused revenue to go up to $104.34m.

The Dubai developer will sell its online retailer for $335.2m.

Many Jordanian industrial sectors have the necessary requirements to enter the Algerian market, especially the pharmaceutical components, clothing, chemical and fertilizer industries, as well as the plastic, rubber and metal industries.

Days after disclosing it had signed a $2.65 billion equity purchase agreement with Valvoline Global Products, Mohammed Y. Al-Qahtani, Aramco’s downstream senior vice president, told media that the oil giant will complete the buyout of Valvoline in early 2023.

The Kingdom of Saudi Arabia has progressed in the education, research, and innovation indicators per the World Competitiveness Yearbook 2022 report, issued by the Global Competitiveness Center of the International Institute for Management Development (IMD).

The Jordanian and Algerian business community agreed to a new vision for the two countries' economic relations, aiming to open broad prospects for joint trade and investment cooperation.

Two more ships carrying grain have left Ukraine's Chornomorsk port, Turkey's Defense Ministry said on Saturday, bringing the number of vessels to leave Ukraine's Black Sea ports under a UN-brokered deal to 27. The joint coordination center said Zumrut Ana and MV Ocean S were loaded with sunflower oil and...

The Abu Dhabi Securities Exchange was the leading Arab financial market in terms of performance last week, as its index surged by 3.6 percent, and its market value by 3.03 percent, according to the Arab Monetary Fund.

It issued 420,000,000 shares in order to raise capital of $307m.

Twelve new service and collision repair centers will be set up in Saudi.

Russian President Vladimir Putin and his French counterpart Emmanuel Macron called for independent inspections at the Moscow-occupied Zaporizhzhia nuclear plant, the Kremlin said Friday. Putin said "the systematic shelling by the Ukrainian military of the territory of the Zaporizhzhia nuclear power plant creates the danger of a large-scale catastrophe that...

This is the second largest mortgage refinancing deal in the kingdom.

The total premiums of insurance companies listed in local financial markets in the first half of 2022 increased by 7.64 percent year-on-year to $302 million while their net profits totaled $222 million.

The real estate and properties transactions valued at $2.8 billion (AED10.3 billion) in total during the week ending 19 August 2022. The sum of transactions was 3,149.

The UAE is providing sustainable humanitarian aid worldwide, underscoring its commitment to promote regional, global peace and prosperity. As per data issued by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the total value of foreign aid provided by the UAE from the start of 2021 to mid-August 2022...

Saudi Arabia and Uzbekistan have signed an agreement to develop cooperation and exchange information and experiences in all fields of energy though research and studies besides working on exchanging policies and laws related to these. The agreement was signed by the acting Minister of Energy Dr. Essam bin Saad bin...

A two-month rally from June lows appears to have run out of steam this week, with downward pressure coming after minutes from the Fed's most recent meeting showed it was determined to keep lifting borrowing costs until prices were brought under control.

Patches were released Thursday and Wednesday by the tech titan to fix what it described as a vulnerability hackers already knew about and may be taking advantage of. "Apple is aware of a report that this issue may have been actively exploited," the Silicon Valley-based company said.

Meta spokesperson Aaron Simpson told AFP that the group's accounts at Facebook and Instagram were shuttered on Wednesday. The ban came after repeated violations of Meta's misinformation rules. The anti-vaccine group has appealed a lower court ruling against it in the litigation, according to legal filings.

Getting the football hordes around the city and between the eight stadiums promises to be one of the biggest challenges. In the first scrutiny of their years of preparations, organisers mimmicked the schedule for the busiest days of the tournament when about 300,000 fans could be in Doha at the...

Germany is heavily dependent on Russian gas and has seen deliveries drop sharply amid tensions over the Ukraine war.

There are 3,010,679 tickets available altogether, with FIFA saying a "last-minute" sales period will open in the run-up to the start of the tournament at a date still to be confirmed.

Oil-exporting countries in the Arab World will benefit throughout 2022 from the increased oil production quantities within the "OPEC+" agreement and relatively higher oil and gas prices in international markets, according to the Arab Economic Outlook report by the Arab Monetary Fund.

CEO of the Ras Al Khaimah Tourism Development Authority (RAKTDA) Raki Phillips said that the emirate’s tourism sector aims to increase the number of hotel rooms over the next five years to 12,747 rooms.

The new incentives include classifying up to five enterprises under Tier 1 category per owner, instead of two enterprises, and a five-year classification under Tier 1 category starting from the date of license issuance.

Director-General of the Ajman Chamber of Commerce and Industry (ACCI) Salem Al-Suwaidi received Ambassador of Mexico to the UAE Luis Alfonso de Alba Góngora to discuss economic cooperation and explore trade and investment opportunities between the two countries.

Growth was supported by higher revenue from acquisitions.