Saudi Arabia's supply of oil to China has soared 38 percent in April, hitting the highest monthly volume since May 2020.

GCC Secretary-General, Dr. Nayef Falah Mubarak Al-Hajraf, had welcomed the European High Representative for Foreign Affairs and Security Josep Borrell’s announcement of the adoption of joint working paper of the European Parliament and the European Commission

The government initiatives make the emirate a safe refuge for both inhabitants and tourists which has fuelled consumer activity. Expat-friendly laws have brighten up the prospects for growth in luxury retail sector.

Qatar Railways Company discussed collaboration opportunities with the United Kingdom’s trade delegation of railway experts and companies. The discussions involved collaboration across the full spectrum of customer experience, operations, maintenance and future project delivery. The meeting took place at the headquarters of Qatar Rail, where the delegation met with representatives...

Qatar and Germany have agreed to boost cooperation in the energy sector, and in this regard the two countries signed a joint declaration of intent to promote ties.

Valued at AED21.4 billion, DP World UAE’s petrochemical hub accounts for 60 percent of Dubai’s total trade value in the sector.

However, Hamade believes that the markets in the Gulf region are better prepared to navigate the economic headwinds given the proactive stance they have witnessed across the sectors attracting foreign direct investments, relocation of businesses, and even market sentiment.

The bank will distribute RSA Middle East's insurance products.

A total of 2,043 real estate transactions worth AED 7.2 billion ($1.96 billion) were conducted during the week ending 20 May 2022, Dubai Land Department said. A total of 228 plots were sold for AED1.14 billion, while 1,328 apartments and villas were sold for AED3.58 billion. The top three transactions...

In the face of security threats, airport authorities are enhancing technology-based end-to-end solutions in order to detect and mitigate security challenges.

A 1955 Mercedes-Benz, one of only two of its kind, was auctioned off earlier this month for a whopping $143 million, making it the most expensive car ever sold.

The International Energy Agency (IEA) has said that G7 economies are well placed to be first movers on driving down carbon dioxide emissions from heavy industry.

In Tunisia the beehive sector employs some 13,000 people and produces some 2,800 tonnes of honey.

Raford contended that people should invest in video games, as it is the only successful digital economy so far.

Tourism is deemed one of the future sectors and a key focus area in the UAE’s development vision for the next 50 years

Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed a Memorandum of Understanding (MoU) with Turkey’s export credit agency, Turk Eximbank, to enhance trade and support business relations between the United Arab Emirates and Turkey. The two export credit agencies will work together to facilitate trade and...

Government sector employers are mandated to bear full contributions due from the insured in cases where he/she is accompanying a spouse for study leave

The fund will target investments in tech-enabled businesses.

Etihad Rail has signed three Memoranda of Understanding (MoUs) with Renfe, Spain’s national railway operator; High Speed 1, the first high-speed railway in United Kingdom (UK) and GB Railfreight, the British rail freight company. The MoUs are based on exchanging knowledge, expertise, and best practices in freight and passenger rail...

The most transparent and credible business awards in the Arabian Gulf celebrate leaders of the stock market-listed companies in the region.

Riders of an online food ordering firm, who recently protested against unfair pay, allege that not only do they get penalized for late deliveries but part of their tips is also usurped.

Low rainfall or droughts in major producing countries were already causing worries before Russia's invasion of Ukraine in February sent markets soaring. There are only a dozen countries that produce a lot and can export it, particularly Russia, Ukraine, the US and Australia.

They function as normal hives, but apiaries built at a kibbutz in Israel's Galilee are decked out with high-tech artificial intelligence systems set to ensure longevity for these vital pollinators." There are two million bees here," said Shlomki Frankin as he walks into a 12-square-meter container in Kibbutz Beit Haemek...

A total of 32,564 Instant Licenses have been issued by the Business Registration and Licensing (BRL) unit at the Department of Economy and Tourism (DET) in Dubai since the launch of the initiative in August 2017. While 59 percent of these licenses were professional, 41 percent were commercial. Instant licenses...

Qatar on Wednesday said it plans to invest an additional $5 billion in Spain on the second day of a state visit by its emir, Sheikh Tamim bin Hamad Al-Thani. "The volume of investments agreed upon with the Spanish side amounts to $5 billion in various sectors," said Qatari Foreign...

Dubai’s Museum of the Future will develop and launch several digital products on the blockchain, starting with the first-ever NFT collection. The collection, named The Most Beautiful NFTs in the Metaverse, and other products will be developed in collaboration with Binance NFT, the NFT marketplace of Binance. The Museum, which...

Dubai real estate market recorded 391 sales transactions worth AED 1.4 billion ($381 million) and 60 mortgage deals of AED 336.86 million, in addition to 57 gift transactions amounting to AED 64.67 million Tuesday, data released by the emirate’s Land Department (DLD) showed. The sales included 342 villas and apartments...

Morocco this week reopened land borders with the Spanish enclaves of Ceuta and Melilla, two years after they were shut due to Covid and a major diplomatic row

ADNOC and Borealis AG will list 10 percent of Borouge plc, a joint venture between the two companies, on the Abu Dhabi Securities Exchange (ADX) through an initial public offering (IPO). The offering is expected to open on 23rd May, 2022, subject to regulatory approvals.

Pakistani Prime Minister Shehbaz Sharif, who took power with a coalition that removed Khan in a no-confidence vote last month, has vowed to jumpstart the moribund economy

Yalla is leading UAE-based voice-centric social media platform.

The Abu Dhabi National Co.has revealed that it would build a new liquefied natural gas plant with the capacity to produce some 9.6 million tons a year.

The growth of streaming service has slowed down in recent past.

The Airport Show, the world’s largest annual airport event, was opened by Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority.

The bank CEO said robots will play a major role in the future.

Billionaire Elon Musk said Tuesday his bid to buy Twitter won't proceed unless he gets proof of the number of spam accounts plaguing the platform, adding more uncertainty to his roller-coaster pursuit of the social media giant. Hours after Musk's early morning tweet over bots, Twitter insisted the deal push...

The impact of Beijing's zero-Covid strategy on the world's second-largest economy was revealed Monday when official data showed that retail sales and industrial production in April on-year had slumped to their lowest levels in more than two years.

Acquisition of Planet Pharmacies and growth in segment ops led to growth.

Russia may cut gas supplies to Finland soon over the Nordic country's refusal to pay Gazprom in rubles, Finnish state-owned Gasum said on Tuesday. Gasum said it would take its dispute with Gazprom Export to arbitration, a move that risks angering neighboring Russia further as Helsinki prepares to submit its...

IHC to provide capital to Adani firms for green energy projects.

May Nasrallah, founder of deNovo, tells TRENDS the new listings on GCC bourses have spawned a new chapter in regional listings, ending years of drought.

Top executives, officials and experts explore ways to strengthen the role of women in regional business dynamics during the TOP CEO Conference 2022 in Dubai.

Mike Frayne, the CEO of Aviv Clinics Dubai, tells TRENDS that their medical program helps aging C-suite executives to get back to their top performance by helping them regain their memory, attention, focus and sharpness. 

Saudi women have reached unprecedented heights in work and social life, Sarah Al-Tamimi, vice chair of National Committee to Combat Human Trafficking, tells TRENDS.

Saudi Arabia has rejected claims that its planned futuristic megacity known as NEOM will have different rules from the rest of the kingdom and function like a "country within a country". Media reports said that in an interview published last week by the UAE's The National newspaper, Andrew McEvoy, head...

The company will sell its business in the increasingly isolated country.

Investors remain cautious as to whether China will ease its zero-Covid policy, which has added to the disruption of the world's supply chains.

Since Putin sent troops into Ukraine in late February, Renault has had difficulty keeping its operations going due to a lack of components following the imposition of Western sanctions.

Ryanair expects cost increases as a result of surging oil prices fueled by the war, it hopes "to return to reasonable profitability" in its current financial year.

Asian equities were up on Monday after a rally on Wall Street last week, but analysts say fears of a recession due to surging inflation and Covid-driven supply chain woes still have investors worried. World markets have been volatile for much of 2022, fueled by uncertainty over supply chain snarls