Signs of lower tensions between Russia-Ukraine have put investors at ease.

The company was the world's top-selling carmaker in 2021.

It's time to review demand generation plans as Covid-19 is still posing challenges for the regional markets, says Michele Montecchio, Acer's country manager for the region.

Qatar Industrial Manufacturing Co. has reported a net profit of  $38m for 2021 in comparison to net profit of $23m for the same period of the previous year.

The World Defense Exhibition (WDE) declared that its first edition will be held in Riyadh, Saudi Arabia, from March 6-9, 2022, according to media reports. WDE is a leading global event on defense and security. The exhibition will begin with an opening ceremony that includes live demonstrations of the capabilities...

With an investment of $326m, Al Seer now owns 7.36 percent of AD Ports.

Dubai Electricity and Water Authority (DEWA) has achieved 8 stars level in the European Foundation for Quality Management (EFQM) Innovation Lens, becoming the first organization in the world to achieve this recognition. DEWA achieved a score of 800 on this award that measures innovation culture and its role in achieving...

Aldar Properties (Aldar) said on Tuesday that contracts worth more than AED8.5 billion ($2.3 billion) were awarded across its development projects in 2021. Sixteen contracts were awarded spanning infrastructure, residential, commercial, and mixed-use projects in Abu Dhabi. They were awarded to 14 different UAE-based contractors, resulting in a significant contribution...

Bahrain has launched ‘Golden Residency Visa’ for residents and non-residents with immediate processing of the applications electronically upon meeting the prescribed criteria.

The company posted a net profit of $230m in 2021, from $108m in 2020.

The company aims to cut emissions by 50 percent by 2030.

After all, what is considered traditional wisdom — and therefore infallible — has at times been known to run counter to present-day business intelligence and management tactics. So, business-owners would do well to know which saying to adopt, and which one to steer clear of.

The company will make a rocket to bring back rocks from Mars.

The production of semiconductors, also known as chips, has become a strategic priority in Europe as well as the United States, after the pandemic choked off supply.

Two Iranian ex-prisoners have opened a ‘jail restaurant’ to help raise funds to free convicts who are behind bars for unpaid debts.

Legal experts weigh in on what lies ahead for the UAE when it comes to gaming entertainment in various forms.

The fourth edition of the MENA Transport Congress & Exhibition began on Monday in Dubai.

Commercial Bank of Dubai (CBD) has approved a debt financing deal with Postpay, a leading omni-channel Buy Now, Pay Later (BPNL) provider in the Middle East.

The World Intellectual Property Organization (WIPO) in collaboration with Hamad Bin Khalifa University (HBKU) will now promote education in intellectual property (IP) law in Qatar. Qatar’s Ministry of Commerce and Industry signed a Memorandum of Understanding with HBKU and WIPO regarding the same, local media reports said. The MoU's objective...

Abu Dhabi Ports Group has raised $1.1 billion from a share sale a day before it is to list on the emirate’s stock market. The firm is owned by sovereign wealth fund ADQ. The proceeds will be used to “accelerate local and international expansion plans.

Investopia investment summit has announced the signing of a Memorandum of Understanding (MoU) with Deloitte Middle East for collaboration to enrich the Summit’s discussions and workshops. Under the terms of the agreement, the two parties will jointly study significant economic areas such as investments in Artificial Intelligence, social and environmental...

The Egyptian government has partnered with the German energy storage firm H2 Industries to set up a green hydrogen plant in the country.

Turkey has lifted the ban on importing scrap metals from Lebanon, which could secure about $100 million annually for Lebanon, according to Minister of Economy and Trade, Amin Salam. Salam said that during his meeting in Ankara with Turkish Trade Minister Mehmet Muş, Interior Minister Suleiman Soylu and Foreign Minister...

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), met with Ilhom Abdurahmon, Consul-General of the Republic of Tajikistan in Dubai and the Northern Emirates, to discuss ways to develop cooperation in energy and water sectors.

This is the company's highest profit since its inception.

This is a revision of an earlier proposal to divide into three companies.

The gross container volumes rose by 9.4% year-on-year.

The 7th International Date Palm Conference will be held at Emirates Palace Hotel, in Abu Dhabi, from 14th to 16th March, 2022, local media reports said. A total of 475 international researchers, and experts, from 42 countries are likely to attend the conference. Minister of Tolerance and Co-existence Sheikh Nahyan...

The UAE and France held discussions on energy challenges and opportunities for collaboration in order to maximize energy system efficiency and the deployment of low carbon technologies to support their net zero by 2050 ambitions.

A group of engineers in Lebanon held a sit-in protest outside the Central Bank branch in Sidon, in conjunction with similar stands outside BDL’s branches in Beirut and other regions.

The operator of the largest Saudi gym chain also sees growth in revenues.

The UN's humanitarian coordinator for war-torn Yemen said he held constructive talks with government officials and Houthi rebels over dealing with the threat posed by a rusting oil tanker abandoned offshore.

RIYADH: Saudi Arabia’s biggest sovereign wealth fund, Public Investment Fund, has stakes of more than 5 percent in two Japan-listed gaming companies. Bloomberg said the combined holdings are worth around $1.2 billion in Capcom Co., the maker of the Street Fighter and Resident Evil franchises, and online games provider Nexon...

Gas Arabian Services and Obeikan Glass will make debut on the parallel market.

Egypt has added 3,000 new hotel rooms to its total hotel capacity with the opening of 19 new hotel facilities, media reports said. The country’s Ministry of Tourism and Antiquities said the hotels opened in the governorates of the Red Sea, South Sinai, Giza, Suez, Damietta, Mansoura and the North...

Since connecting with neighbors is of utmost importance in Iran’s foreign policy, the current administration has set a transparent framework for this policy.

Judge Ahmed Faisal was headed home in his car in the city of Amara when unknown assailants blocked his route and opened fire.

Iran has confirmed that Russia will invest $83.58 million in Sirik power plant based in southern Iran.

Iraq is keen to benefit from the Egyptian Investment Authority, the Governor of Iraq’s Central Bank Mustafa Ghaleb said on Friday.

Last year, the firm helped Anghami in arranging $30 million investment.

Four women groups from the South, the North, Mount Lebanon, and the Bekaa received grants.

From oil prices to company stocks buoyed by positive results, several factors resulted in changes in key benchmark indices.

Horizon's anti-harassment feature makes an avatar's hands vanish if it tries to inappropriately touch another virtual character.

The Saudi Telecom Company (STC) has signed fifteen agreements with major international companies, including Microsoft, Huawei, Ericsson, and Cisco, in addition to other agreements with different government agencies, such as the Ministry of Municipal and Rural Affairs and Housing, the Ministry of Tourism and the Saudi Tourism Authority.

More than 230 million copies of Grand Theft Auto, referred to as GTA, have been sold overall.

Rising prices of metals, elements, and compounds used in EVs could be a headache, but the MENA region and the world are already working to offset it. A few right policy moves will help economies like the UAE and Saudi Arabia to diversify their economy, especially away from oil and...

The Kingdom seeks to increase its net FDI inflow by 1,816 percent between 2021 and 2030, raising it to $103.5 billion annually by 2030, up from $5.4 billion in 2020.

Aldar Properties has announced that all 182 apartments at the second tower of its boutique Reflection project are now available for sale.

The United Arab Emirates has lifted curbs on travel to twelve African countries for citizens fully vaccinated and who have received a booster dose of the approved COVID-19 vaccines.

The total number of companies operating out of Dubai South reached 4,600, attracting more than 700 new companies by the end of 2021. Also, the total number of people working out of Dubai South was expected to reach 20,848 individuals by the end of 2021. Dubai South, the largest single-urban...