Revenues stood at AED8.17 billion, a year-on-year increase of 700 percent.

Approved merchandise has gone on sale in stores, but cheap imitations are available in street markets and online. Thousands of migrant laborers many hired to build stadia and related infrastructure meanwhile again turned out for the last day of a five day tour that has seen the World Cup trophy...

Empower revealed this at the launch of the ‘Arabian Travel Market 2022’, which is being held at the Dubai World Trade Centre.

It packed "a mind-blowing 1,000 songs" the company said at the time, and together with Apple's iTunes shop established a new distribution model for the music industry.

ADQ will work with the Hellenic Development Bank (HDB), the national development bank of Greece, and Hellenic Development Bank of Investments (HDBI), the Sovereign Fund of Funds of Greece.

Under the $125.23m contracts, a residential district will be built at Masaar.

Mubadala Investment Company and ENGIE signed an agreement to explore the development of a digital platform for charging electric vehicles in Abu Dhabi and the Middle East region. The two companies will work on a joint solution for the installation and operation of charging infrastructure as well as sustainable mobility...

The rise is also attributed to the popularity of the Switch.

IPL teams receive a share of television rights, around 15 percent of ticket sales and sponsorship money as well. They can earn more through lucrative shirt or other sponsorships.

The firm said the impact of Emirates Steel and Arkan merger was positive.

The embargo on Russian oil, which is part of a sixth package of EU sanctions under discussion, is being resisted by some member states that rely on Russian oil to keep their economies running and are seeking guarantees of alternative sources.

However, net profit dipped 14% from the last year's record high.

The company’s net revenues are up 58% year-on-year.

In many industries, working from home is the way of the future and a better working and mental lifestyle, Quartz Communications Managing Partner Khaled Almaeena tells TRENDS.

Saudi Space Commission Board of Directors Chairman Abdullah Amer Alswaha is on a tour of the US to develop the space sector and cooperate with various space and technology organizations.

The Chairman of Dubai World Sheikh Ahmed bin Saeed Al Maktoum, inaugurated the 29th edition of the Middle East’s largest travel and tourism exhibition Arabian Travel Market (ATM) on 9 May 2022.

The UN will ask for $80 million in donations in order to remove nearly a million barrels of oil on a stranded supertanker off the coast of Yemen.

World stock markets mostly sank Monday on stubborn fears over the impact of rising US interest rates, surging inflation and China's Covid lockdowns. Stock markets had dived last week after the Federal Reserve ramped up interest rates by a half-percentage point and flagged more hikes to tackle decades-high inflation.

"Lockdowns in large cities like Shanghai and rising input costs are major reasons" behind the underwhelming trade figures, analyst Zhaopeng Xing of ANZ Research said.

Russia will celebrate its 1945 victory over Nazi Germany Monday with a show of military might as its army battles Kyiv's forces in the east of Ukraine, where 60 people were killed in an air strike on a school sheltering civilians. Ukrainian President Volodymyr Zelensky confirmed that 60 were killed...

Oil prices continue to spike, beefing up energy companies.

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) will announce its summer campaign at Arabian Travel Market (ATM), alongside a series of new initiatives and global partnerships. Sharing the best of Abu Dhabi with the world, travel partners and some surprise guests, DCT Abu Dhabi will...

Ayman Aboabah was appointed after the airport witnessed chaos.

Inflation spawns numerous hurdles as GCC business leaders struggle to find a way to surmount the difficulties aggravated by geopolitical events.

The UAE eyes around 20 unicorns, the start-ups valued at $1 billion-plus each, by 2031. These high-value startups will be part of the country's 'Entrepreneurial Nation’ initiative.

Flydubai has reported a 114 percent jump in passenger bookings in the first quarter of the year. The airline said it has operated 19,000 flights and carried 2.35 million passengers during the period. Moreover, the airline also witnessed an increase in demand for connecting traffic with 43 percent of the...

On May 4 of last year, star Israeli chef Uri Jeremias was at a meeting of inter-faith leaders where his hometown of Acre was applauded as a "symbol" of Jewish and Arab co-existence.

The company has appointed Hisham Hammoud to the post.

Companies such as Archer, Joby and Wisk are working on electric-powered aircraft that take off and land vertically like helicopters then propel forward like planes.

The cost of fuel has soared worldwide since Russia invaded its neighbor Ukraine in February and the West responded by slapping sanctions on Moscow. The rising price of fuel has caused prolonged power blackouts in Nigeria in recent weeks.

The country’s National Center for Statistics and Information has announced that the country’s production of natural gas at the end of last March rose 0.8 percent.

There is enormous potential for NFTs in the fashion and beauty business, says Louis Chen, EVP and Chief Strategy Officer at Perfect Corp.

Saudi Arabia has okayed six tourism projects to the tune of $400 million in the first quarter of 2022.

Chelsea confirmed on Saturday that a consortium led by LA Dodgers co-owner Todd Boehly has won the battle to buy the Premier League club in a £4.25 billion ($5.2 billion) deal.

The event drew a huge number of shoppers and visitors of different nationalities driven by the great deals, promotions and discounts that met their needs.

"Facebook intentionally put lives at risk to protect its bottom line," said Whistleblower Aid chief Libby Liu.

The price of tickets means that most of those who waited up to two hours for the chance of a selfie next to the gold trophy will not see the games that start November 21.

The investment is expected to be made in nine new projects across the country.

With this turnover, it became the first Indian firm to cross the mark.

US giant ExxonMobil announced in April the discovery of three new oil deposits in Guyana, raising estimates of the country's oil reserves to the equivalent of 11 billion barrels. Those discoveries fueled Guyana's existing border dispute with Venezuela, which wants to explore territorial waters claimed by both countries.

The days of playing your favourite game for hours at a time to stay competitive in eSports are gone, with gamers now focusing on brain development, if one leading team is to be believed. At the Team Liquid training centre in the Dutch city of Utrecht, coach David Tillberg-Persson, alias...

Mayu Iizuka sheds her soft-spoken personality and starts cackling, screaming and waving wildly in a makeshift studio in Tokyo as her avatar appears on a livestream before hundreds of fans. Virtual YouTubers like Iizuka, who voices and animates a character called Yume Kotobuki, have transformed a niche Japanese subculture into...

If there is one country in the GCC where the idea of sustainable shopping can take off, it is the UAE. Yet, there is a lot for it to do in order to make the concept work.

Asian and European stocks tanked Friday, accelerating a global selloff on fears over the impact of interest rate hikes that seek to tackle sky-high inflation. The pound hit a two-year low at $1.2276, one day after the Bank of England (BoE) lifted UK borrowing costs to a 13-year peak and...

The US said Thursday only adults who "have personal concerns" about mRNA vaccines, access issues or medical reasons for refusing them may now receive the Johnson & Johnson Covid shot, which has been linked to a rare but serious clotting condition. The vaccine, which was authorized as a single shot,...

German sportswear giant was hurt by China lockdowns.

The MoU aims to enhance cooperation between the two countries in the areas of financial auditing and performance control.

The popular battle royale title from Epic Games will be the first free-to-play game available through an Xbox Cloud Gaming service available in 26 countries.

Brazilian President Jair Bolsonaro has criticized it for rising fuel prices.

Ongoing loan restructurings and the gradual withdrawal of pandemic-related support packages may put further pressure on asset quality. However, the Russian-Ukrainian war will have a minimal impact on the operating environment for banks in Saudi Arabia and UAE, they say.