Saudi Arabia will grant industrial licenses to facilities operating in the renewable energy sector and power plants in order to become a regional center in the field of electricity production.

In order to lower its dependence on Russian oil and gas, Germany is looking toward Qatar to fulfill its energy needs.

The business model of the news media is ‘broken’ and with it, our fundamental right to information is at risk, a new UNESCO report examining global trends in freedom of expression warns. In the past five years, both news audiences and advertising revenues have moved in huge numbers to internet...

The UAE and New Zealand have signed an agreement to enhance collaboration in food security, a step aligning with the UAE’s approach to advance multilateral and bilateral cooperation in the face of global challenges in a bid to build a sustainable future.

The net profit of Gas Arabian Services Co. has decline to $16 million.

A prosecutor in Lebanon has issued travel bans against the heads of the boards of five Lebanese banks as a precautionary measure as she investigates transactions by their banks, according to the media reports.

The carmaker sold 600,000 fewer vehicles in 2021 than in 2020.

Oil prices rose by more than 20 percent this week, due to ongoing concerns about supply disruptions and Russian output.

This action, among others, could be quite helpful in getting the UAE out of the so-called grey list of the FATF, where it was put earlier this month.

Saeed Ahmad, Callsign’s Managing Director for the MENA region, explains how a single fraudulent message impersonating an entity can erode people’s digital trust in it.

The UAE-Bangladesh Business Forum discussed ways to enhance cooperation between the two countries in the field of trade and investment, and ways to promote the role of the private sector in both countries. During the forum, an MoU was signed to establish a joint UAE-Bangladesh Business Council between the Federation...

Dubai witnessed real estate and properties transactions worth AED13.4 billion ($3.64 bn) during the week ending 11 March 2022, according to the Dubai Land Department (DLD). The weekly DLD report said a total of 2,333 real estate transactions were made during the week--245 plots were sold for AED2.09 billion, 1,542...

The Sharjah Chamber of Commerce and Industry (SCCI) and an Argentinian delegation discussed ways to enhance cooperation between the business communities in the Emirate of Sharjah and Argentina. Additionally, they also discussed boosting the economic, trade and investment relations between their countries. The discussion was a part of Sharjah –...

The adjusted EBITDA growth was 15.3 percent ($3.828 bn) and capital expenditure $1.393bn.

Five Chinese companies have been ordered to comply with audit requirements by the US Securities and Exchange Commission (SEC) or face delisting from Wall Street. The initial group of companies named on a list published by the SEC on Thursday, could soon be followed by all Chinese companies listed in...

Mexican cartels are estimated to have used bitcoin to launder $25 billion a year in Mexico alone, according to a UN-linked body.

According to Statistics New Zealand, the total two-way trade between New Zealand and the UAE in 2021 reached AED8.63 billion ($2.35 million).

The refinery, in China’s Panjin, should be operational by 2024.

Most countries in the EU are beginning to relax requirements to present proof of vaccination and wear masks.

The company is celebrating the pearl legacy of the UAE by unveiling X-Pearl at the Dubai International Boat Show 2022.

Saudi startups have secured 58 percent of the total $375 million in funding in the MENA region in February.

Ajman China Mall has registered a growth of 12 percent in the number of registered companies in 2021 compared to 2020, according to Ajman Free Zone. Out of 1,000 enterprises operating in the mall, the retail sector topped the list followed by the fashion and textile sector. Enterprises operating within...

Driven by high oil output, Saudi Arabia’s Industrial Production Index shot up 11.1 percent in January, official data indicated.

The Bukhatir Group of the United Arab Emirates announced Thursday the relaunch of a $5 billion real-estate project in Tunisia, expected to boost the North African country's struggling economy. The initiative is expected to bolster the economy, as the country grapples with high public debt, inflation and unemployment.

Careem, the vehicle-for-hire firm, has set its sights on raising some $500 million from investors, including regional sovereign wealth funds.

European benchmark Brent North Sea crude climbed 5.1 percent to $116.80 per barrel in morning deals. New York's WTI contract advanced 3.5 percent to $112.58. Both contracts had collapsed by more than 12 percent in value on Wednesday, as traders also seized on a glimmer of hope for peace talks...

Plant-based base oils are made from sustainable feedstock sources, such as palm, soy, coconut, and rapeseed.

DH is Dubai’s commodities and mining investment arm.

The tools help groups automatically reject posts with false info.

Tetra Pak Arabia Managing Director Niels Hougaard explains what lies ahead for F&B companies — bith regionally and globally — as they eye new goals.

In 2021, the Sharjah Airport served more than 7 million passengers with more than 57,000 aircraft movements and approximately 1.2 million passengers in December, consistent with the pre-pandemic levels. The Sharjah Airport Authority said it intensified efforts to strengthen its ambitious goals at various levels, launching numerous services and operations,...

Dubai has promulgated a new law in order to regulate virtual assets that are becoming popular with many investors in the UAE and across the world.

Nudged by high oil prices, Saudi stocks inched up as the main index, TASI, gained 0.24 percent to touch 12,882, while the parallel market fell 0.22 percent to 24,487.

The companies are Emirates Global Aluminum (EGA), Abu Dhabi National Energy Company (TAQA), Dubai Holding and Emirates Water and Electricity Company (EWEC).

Deadly strikes on Saudi Arabia and the United Arab Emirates claimed by Yemeni rebels have been the talk of shows held in the two countries in recent weeks.

Kyrgyzstan and the UAE have discussed enhancing the investment and trade cooperation between the two sides. Mohamed Ali Musabbeh Al Nuaimi, Chairman of the UAE’s Ras Al Khaimah Chamber of Commerce and Industry, and Abdilatif Jumabaev, Ambassador of Kyrgyzstan to the UAE represented their countries in a meeting. The meeting...

Some 80 percent of Saudi Arabia's employers are considering to add to their workforce in 2022, with a reasonable decline in the rate of coronavirus infection in the kingdom and beyond in the GCC.

The dividend is 53.4 percent of the net profit earned by the firm last fiscal.

At a landfill in southern Gaza, mounds of discarded batteries pile up, rusting cells that pose a growing health risk to Palestinians in the enclave.

Telegram's founder Pavel Durov has accepted that "Telegram channels are increasingly becoming a source of unverified information related to Ukrainian events."

About 28,000 Airbnb hosts around the world, including 2,800 in France, are currently offering accommodation for refugees.

The decision follows approval of the Bank's General Assembly.

Several of these companies, symbols of American cultural influence in the world, have been the subject of boycott calls on social media.

Striking partnerships with companies in the West have helped the two Gulf countries emerge as one of the major exporters of hydrogen to the world.

Jordan Senate President Faisal Fayez Monday held talks with Moroccan officials in Rabat on bolstering Jordan-Morocco cooperation and the regional developments. Fayez held discussions with his Moroccan counterpart Naam Miyara on bilateral cooperation and relations and means to further them on all levels, not the least of which are political,...

AHOY, a UAE and Saudi operating logistics startup, has raised $20 million in financing from undisclosed investors. 

The number of registered educational companies within the Ajman Free Zone (AFZ) grew by 17 percent in 2021 compared to the previous year. The free zone is home to more than 240 educational facilities in 2021, reaffirming its keenness to advance the sector in the Emirate of Ajman, AFZ said....

Mental health is a priority for 99 percent of female and 92 percent of male executives, according to the Gender Equality Survey by Young Presidents Organization (YPO), the “world’s largest” global network of business leaders, which counts the CEOs of several well-known multinationals among its members. The survey with 300...

Yahsat Government Solutions (YGS) and Al Seer Marine PJSC will test line-fitting unmanned vessels with advanced Comms-on-the-Move (COTM) satellite communications solutions.

Dubai’s real estate market recorded 368 sales transactions worth $247.66 million and mortgage deals of $48.27 million.