Arada has awarded an AED322 million ($87m) contract to build eight premium apartment buildings in Aljada, the AED24 billion lifestyle megaproject in New Sharjah. The eight Tiraz buildings form part of Naseej District, the new creative neighborhood at Aljada, containing 920 homes. The contract was won by Mohammed Abdulmohsen Al-Kharafi...

The move underscores the Qatar’s strategic importance, including in a scramble to shield European allies from potential Russian energy cutoffs.

For the patrons filling Beirut's cafes these days, the most important things are good lighting and stable wi-fi.

This deal with Qatar Airways should boost Boeing and its latest widebody plane the 777X.

The growth of low-code tools, heightened by digital transformation, is expected to bring about general employee upskilling across several industries in the region.

Saudi National Cybersecurity Authority (NCA) has launched a business accelerator specialized in the foundational technologies and priority emerging technologies in cybersecurity and related fields, as part of the authority's initiatives to activate the local industry and innovation system for cybersecurity.

The deal was made for an "undisclosed price in the low seven figures."

Egypt’s Ministry of Transport will sign a contract with Siemens to implement the second high-speed train line in the country. Media reports said the new line will extend from October 6 city to Aswan, with a length of 925 kilometers (575 miles approx.) The ministry has finalized negotiations with the...

The Advanced Electronics Company (AEC), a Saudi Arabian Military Industries (SAMI) company, will participate in LEAP technology conference, a global gathering for technology future and emerging experts. Saudi media reports said that AEC will display a complete range of solutions, systems, and products, including its flagship Data Diode, a next-generation...

The Abu Dhabi Chamber of Commerce and Industry has signed a cooperation agreement with the Economic Development Board of Mauritius (EDB) to further deepen the economic and trade relations between the two countries. The agreement will establish a framework for developing stronger business relations between the parties and cooperation procedures...

The President of the Arab Institute of Business Leaders (IACE) Taieb Bayahi has warned that Tunisia as a state could collapse.

dnata, the global air and travel services provider, will invest more than $223.22 million in a fully automated cargo center at Amsterdam Airport Schiphol (AMS).

The UAE’s Ministry of Finance will start levying a 9 percent tax on business profits from June 1, 2023 thereby putting an end to tax-free culture that enabled the country to lure businesses from around the world. The UAE has been looking to reduce its dependence on revenue earned from...

FAS Labs Limited Co., a unit owned by Saudi retail firm Arabian Centers, will set up a digital consumer microfinance company. It will be called FAS Finance and will have a capital base of $14.65 million.

The two sides agreed on the project's overall framework, in addition to a draft accord detailing initial implementation phases.

The Center’s proximity to the most important leading airlines in the world and its wide network of destinations make it an ideal destination for aircraft leasing companies, says Yousuf Mohammed Al Jaida

Moro Hub, the digital arm of DEWA, has signed an agreement with Axis Communications, a Swedish company, offering video surveillance solutions, access control solutions, audio solutions and intercom.

The net income after tax rose from $195.3m to $314.5m.

Analysts expect that this meeting will decide to boost output by 400,000 barrels per day in March, in line with their strategy to slowly re-open the taps since May last year.

Iraq signed the first agreement to build an economic city with Jordan.

The organization is integrating the Ferry Operations Branch of the Integrated Transport Center under the scope of its services.

Deputy Prime Minister and Minister of the Interior of the UAE Lt. General Sheikh Saif bin Zayed Al Nahyan attended the closing of the "Arab Gulf Security 3" Exercise held in the Eastern Province of Saudi Arabia.

The Dubai Academic Health Corporation has agreed on four bases as a part of its strategic plans and future goals. The bases include Care: to set the global standard for evidence-based patient care and outcomes; Learning: to deliver transformative education and a future-ready workforce. The other two bases cover Discovery:...

Sovereign wealth funds across the world invest trillions of dollars into real estate, bonds and other assets. TRENDS takes a look at some of the biggest wealth funds in the Gulf region.

Jazeera Airways of Kuwait has placed an order for 28 Airbus aircraft worth $3.4 billion, according to media reports.

Overnight camping is one of the popular activities people indulge in during winters in Dubai. The city has several unique spots for enjoying a night under the stars, which are among a diverse set of attractions being promoted by the #DubaiDestinations initiative recently launched by the Dubai Media Council. Hatta...

It has also formed several panels that will function for three years.

This was the result of a total of 1,724 transactions, according to figures released by the Dubai Land Department.

Jordan was the first Arab country to sign a free trade agreement (FTA) with the United States in 2000.

Turkish President Recep Tayyip Erdogan has sacked the head of the state statistics agency, according to a decree published Saturday, after releasing data showing last year's inflation rate hit a 19-year high of 36.1 percent. The 2021 inflation figure released by Dincer angered both the pro-government and opposition camps.

Dubai Electricity and Water Authority (DEWA) will be the strategic sponsor of the 12th Dubai Award for Sustainable Transport. The award is organized by Dubai’s Roads and Transport Authority (RTA).

Netflix currently rules the roost in the Middle East. Therefore, the Disney+ expansion should be a clarion call for regional OTT platforms.

The first location is scheduled to open in Dubai later this year.

The Saudi Export Development Authority organized a meeting of a group of Iraqi and Saudi businessmen to discuss opportunities for joint cooperation between the two countries.

Developing countries lagging in vaccinating their populations have been pushing for waivers on the patents on Covid-19 vaccines.

Qatar ruler Sheikh Tamim bin Hamad Al-Thani has the Ukraine crisis, efforts to engage the hardline Taliban administration in Afghanistan, and backroom talks on reviving a nuclear accord with Iran on the agenda for his White House meeting with US President Joe Biden.

The Emirati indices managed to show gains throughout the week, while the Saudi index was unchanged.

The record real estate transactions will contribute to driving the sector in the next 50 years during which the UAE seeks to build the best economy globally, Dubai Land Department said on Friday. A total of 84,196 real estate transactions worth almost AED 300 billion ($81.67 bn) were recorded last...

The non-oil trade through Abu Dhabi ports during 11 months in 2021 amounted to AED190.20 billion ($51.78 bn), an increase of 2.9 percent compared to the same period in 2020. A report released by the Statistics Centre-Abu Dhabi (SCAD) said imports accounted for AED83.63 billion of the non-oil trade and...

Emirates Telecommunications Group Company PJSC (Etisalat Group)  has completed the acquisition of elGrocer DMCC, the company said it a statement.

Season 8 of the ABB FIA Formula E World Championship is set to launch in Saudi Arabia, and some of the best drivers in motorsport have gathered at one of the world's most picturesque sporting locations.

The Central Bank of Tunisia (BCT) has authorized companies operating in the digital sector to bid for public tenders in convertible foreign currencies. Tunisian media reports, citing the National Federation of the Digital Sector, have said that bidding has been allowed within the framework of calls for tenders for imported...

The company overcomes chip shortage, supply chain woes.

A US judge on Thursday canceled the sale of oil and gas exploration leases of some 80 million acres in the Gulf of Mexico, after a coalition of environmentalist groups sued President Joe Biden’s administration to stop the drilling, citing major concerns.

The design of the bloack diamond Enigma is based on the Middle Eastern emblem of the palm — also known as “khamsa,” “hamsa,” or "the five".

From 1st February 2022, all trade partners on Amadeus will be able to access Emirates’ content free of surcharge.

They said the only work being auctioned was by Picasso’s great grandson Florian and his collaborators.

The expectations-beating results offered signals that the coronavirus-era tech boom may not be quite over yet.

The world's leading luxury group more than recovered from the coronavirus pandemic as it earns a record €64.2 billion ($71.5bn) in 2021. The company's net profit hits €12 billion.

The UAE's Ministry of Health and Prevention (MoHAP) has signed a memorandum of understanding (MoU) with Amazon Web Services (AWS), a subsidiary of Amazon, to enhance bilateral cooperation. The MoU also covers organizing workshops on creating a cloud-based electronic medical record system and a healthcare portal focused on serving the...