Investing in inflation-protected bonds and gold may provide some hedge against consumer price rise. Putting money into the real estate sector is also a safe bet, believe some regional experts.

Facebook's parent Meta said it would be restricting access in the European Union to RT and Sputnik.

The app is now letting users upload videos as long as 10 minutes.

Dubai’s real-estate market on Monday recorded a total of 301 transactions with a total value of AED1.59 billion ($433.22 million).

The Riyadh-based firm has appointed Solaiman Abdulaziz Altwaijri as its CEO

Feras Bin Ghassab Al-Harbi has held several leadership positions.

The Federation of Bangladesh Chambers of Commerce and Industries, or FBCCI, will launch a UAE-Bangladesh Business Council next month to boost trade in the Middle East region.

Bahrain's Minister said the private sector plays a key role in strengthening bilateral relations, as it boosts the volume of trade exchanges.

Bahrain-based Islamic investment bank GFH Financial Group intends to list on the Saudi stock exchange, Tadawul, and Abu Dhabi Securities Exchange, ADX, according to media reports.

Divetech is a UAE-based topside-subsea solutions provider.

The UAE has approved a $3.26 billion housing loan budget for Sheikh Zayed Housing Program in a cabinet meeting on Monday.

Qatar Airways on Monday accused aviation giant Airbus of blocking efforts to settle their billion-dollar dispute over the safety of the A350 as it announced that another plane has been grounded with peeling paintwork.

Emirates Global Aluminium, or EGA, has posted a 1,140 percent jump in net profit to $1.5 billion for 2021.

Saudi Exports Development Authority (SAUDI EXPORTS) today organized a commercial mission for over 30 Saudi senior manufacturers and exporters in the constructions and foodstuff sectors to Oman. The mission, which targets 70 Omani companies, follows the two countries’ signing of memorandum of understating worth $30 billion for cooperation in various...

Lucid Motors has leased a big plot of land for $30 million in King Abdullah Economic City Industrial Valley, in Saudi Arabia, to produce electric vehicles in the kingdom.

The subsidiary has a capital standing at SAR 50,000 and will offer multi-vendor business-to-consumer (B2C) products.

WTI rose 6.27 percent to $97.33, while Brent crude was up 5.24 percent at $103.06.

The agreement between the two state-owned firms will bolster the strong trade and economic cooperation, in addition to boosting export relations.

The total green sukuk market is worth more than US$15 billion, according to Refitiniv, with the Islamic Development Bank (IsDB) being the first in the market with a US$ 2.5 bn offering. However, figures show that Sustainability and green-themed Sukuk were rising in 2021, mainly since large entities are investing...

Dubai Maritime City (DMC), DP World’s purpose-built maritime hub, announced the launch of a major project worth AED140 million ($38.1 million) to develop its infrastructure.

The exploration of natural gas will further enhance Saudi's status as the premium exporter of energy sources.

The ministers of Jordan and Tunisia discussed ways to enhance bilateral ties, especially in health cooperation. Jordan’s Health Minister Firas Al Hawari met with Tunisian counterpart Ali Mrabet on Saturday in Amman. Both sides agreed on increasing cooperation by exchanging expertize and experiences, especially in the field of digitizing and...

Algeria's state energy firm is ready to supply Europe with more gas in view of a possible decline due to the Russian invasion of Ukraine, its CEO said Sunday.

e&, the UAE telecom firm, is looking to widen its operations overseas and push growth across all business segments.

Fatima Group, a Pakistani industrial conglomerate, has signed two MoUs of over $1 billion with two key global agriculture stakeholders – China Machinery Engineering Company (CMEC) from China and Sarh Attaqnia Co. (SAC) from Saudi Arabia at Expo 2020. A formal signing of the business partnership was held at the...

Shares of Ma’aden, the Saudi mining company, vaulted six percent in trading on Sunday when news broke of its record earnings for 2021.

Saudi stocks posted gains in the early hours of trading on Sunday due to a dip in the prices of crude oil. Stocks world over posted losses last week as Russia invaded Ukraine, taking over many areas of the western neighbor.

US Senator Mark Warner wrote to Meta, Reddit, Telegram, TikTok, Twitter and other tech giants to stop Russian disinformation spreading online through their platform.

Are regional governments ready to adopt blockchain technology to boost business payments, transactions, interbank payments and corporate dealings?

Bahrain has a $90 per barrel breakeven oil price, so the country is moving forward with serious economic diversification plans among which is to become the Fintech hub.

AG&P will use an Adnoc L&S vessel as a floating storage.

The sanctions came as the Russian military stepped up its bloody, multi-pronged assault against Kyiv and other Ukrainian cities.

Consumers are spending more on beauty products and fragrances despite inflation, says Salem Kaissi, Vice-President of multi-brand luxury beauty concept Faces.

Saudi Arabia and the UAE are driving the real estate market in the Middle East region with the backing of government and evolving market dynamics.

Having evacuated part of his team from Kyiv, Mike Chobanian, boss of cryptocurrency exchange Kuna, is watching the effects of Russia's invasion on his flourishing industry with a weary eye.

Russia's invasion of Ukraine could mean less bread on the table in Egypt, Lebanon, Yemen and elsewhere in the Arab world where millions already struggle to survive.

The acquisition is expected to also add significant strategic value to DP World given Imperial’s footprint and strong market access and logistics solutions capability.

FB is accused of not stopping fact-checkers on its platform.

On Friday, US President Joe Biden extended his country's measures against Russia to include sanctions on President Vladimir Putin and his Foreign Minister Sergei Lavrov, including a travel ban for the two statesmen. Biden was the first world leader to announce sanctions, hours after Putin declared a "military operation" into...

DP World’s purpose-built maritime hub, Dubai Maritime City (DMC), has launched an infrastructure project at a cost of AED140 million ($38 million). An official statement said the project is part of “ongoing efforts to boost Dubai’s economy and enhance the efficiency of the logistics sector”. The infrastructure project includes developing...

Dubai Electricity and Water Authority (DEWA) announced that the number of electricity accounts reached 1.06 million by the end of 2021 compared to 752,505 at the end of 2016, an increase of 41 percent. The number of water accounts reached 960,032 by the end of 2021 compared to 666,006 accounts...

The World Bank and MSMEDA is eager to review and develop the needs of startups.

The Ras Al Khaimah Department of Economic Development (RAK-DED) offered AED 7 million ($1.9 million) in economic stimulus package to business sectors in the Emirates. Local media reports said the package was provided to support the local economy and ensure business continuity during the COVID-19 pandemic. RAK-DED said the package...

The Federation of Saudi Chambers of Commerce signed an agreement to host the local network of the United Nations Global Compact in the Kingdom of Saudi Arabia. This affirms the Federation’s role in supporting the efforts of the UN Global Compact and realizing the importance of corporate sustainability in implementing...

The 27th edition of the Dubai International Pharmaceutical & Technologies Conference and Exhibition (DUPHAT 2022) has generated direct and indirect business deals worth AED5.1 billion ($1.38 billion). The largest of its kind in the region, DUPHAT 2022 was held at the Dubai World Trade Centre and featured the participation of...

Saudi National Bank, with backing from its largest shareholder, the Public Investment Fund, is looking to make big acquisitions in Europe and Asia.

Real estate transactions worth AED7.1 billion ($1.9 billion) were recorded by the Dubai Land Department during the week ending 25 February 2022. The total number of transactions was 2,064, which included 300 plots of land that were sold for AED2.58 billion and 1,382 apartments and villas sold for AED2.88 billion....

Aramco is inching closer to dislodging Apple as the world's most valuable company when the former's shares rose up, taking the market value of the Saudi company to $2.24 trillion. The market capitalization of Apple stands at $2.6 trillion.

The net profit was 3.2 percent higher than in 2020, the company said.

Ukrainian President Volodymyr Zelensky called on world powers on Thursday to cut Russia off from SWIFT, after Russian forces invaded his country on Wednesday.