The United Arab Emirates will slash prices of petrol and diesel from September 1 amid the easing of Covid pandemic restrictions.

Aiming to improve the quality of services and goods provided to Jeddah resident, the Municipality has called on businesses to install the QR code sticker, “your opinion matters,” on the front of their shops.

Starting a business in the Emirates makes a $7,444 hole in the pocket, but world-class infrastructure, excellent connectivity, business-friendly policies and low taxes attract investors from across the world.

In a boost to China's Tianqi Lithium Corp, one of the world's top lithium producers, it posted its first net profit in two years on Sunday.

The subsidiary of the International Holding Company has been listed under the ticker ASM.

Saudi Arabia and Oman have pledged to boost trade and economic ties between the two countries, months after the two neighbors began discussions on how to deepen their relationship.

The brand sees UAE as a major platform to showcase its futuristic products globally

The fintech sector has attracted nearly 30 percent of all the funding raised during the year, with one in four deals made in the most sought after sector.

Customers can avail the additional baggage allowance for travel booked on emirates.com, Emirates sales offices, via travel agents as well as online travel agents

The company has been active in Middle East for the past 50 years.

Total trade between the Philippines and UAE already crossed Dh1.3 billion from January to May 2021

Sharjah Electricity, Water and Gas Authority (Sewa) has completed the delivery of natural gas to 112 housing projects in the cities of Kalba and Khorfakkan.

The Abu Dhabi Securities Exchange (ADX) has cut its trading commissions by 50%, and will extend its trading hours by one hour from Oct. 3.

Iraq has signed a deal with China to build a set of solar power plants that would produce 2,000 MW of clean, renewable energy for the power-starved, oil-rich country.

To beat the sizzling summer heat, Obhur Bay is a go-to destination for many in Saudi Arabia. It is a favorite getaway of many of the governorate’s families and visitors.

Four and five-star hotels in Oman may open meeting and celebration halls, but must follow certain restrictions.

DUBAI: Real estate and property transactions worth AED 6.2 billion were recorded in Dubai during the week ending Thursday. Dubai Land Department said a total of 1,345 deals comprised 215 plots that sold for AED1.2 billion and 1,163 apartments and villas that went for AED 2.45 billion. The most expensive...

The wallet, Novi, would let users store cryptocurrencies.

After a year-and-a-half of big film releases placed on hold due to Covid, the CinemaCon trade summit has seen studios show off a glut of forthcoming blockbuster offerings

Emirates said it had last year set up a humanitarian airbridge with Lebanon, dedicating flights to deliver much needed emergency relief supplies,

Family-owned businesses in the Middle East, estimated to be worth more than $1 trillion, have been bogged down with issues such as corporate governance, estate planning and succession.

The annual CinemaCon trade show sees Hollywood studios bring glitzy stars and never-before-seen footage to a Las Vegas casino to woo theater bosses

The top ten lenders of the United Arab Emirates have shown a health rebound in profitability, with the country’s banking industry improving its performance in the second quarter of 2021.

Come November, the Untied Arab Emirates will be hosting the T20 World Cup, with as many as 16 teams expected to compete in the tournament.

Masdar City Free Zone offers opportunities for UAE women who constitute 70 percent of UAE university graduates and are also form an important part of Masdar’s R&D hub.

Majid Al Futtaim, a shopping mall operator in the Middle East, has reported a drop in revenues for the first half of 2021 attributed to the Covid pandemic restrictions.

Saudi Arabia has developed cultural, heritage tourism projects in more than 25 tourist destinations and eyes 100 million tourists by 2030.

With successful COVID-19 vaccination programs under way, organizations in the Middle East are hitting the ground running as they reset businesses to meet new customer demands and expectations.

Under new Covid-19 directions for tourism sector, the number of participants in community events has been increased to 2,500 for indoor activities and 5,000 for outdoor functions with no mandatory vaccination.

Latest IHS Markit UAE PMI says firms hoped easing of COVID-19 restrictions and the Expo 2020 later this year would help to improve economic conditions in the Gulf country.

Discussions with stakeholders helped the Abu Dhabi government identify and remove duplicate requirements and modify existing requirements to facilitate the process, ADDED said.

Total income of the Dubai’s largest bank has jumped 9 percent over the preceding half year due to a marked increase in transactions and stable Net Interest Margins.

This is the largest pre-Seed round for a Saudi-based startup and the third-largest in Mena region.

Stung by the lockdown and lack of pilgrims traveling from around the world to Islam’s holiest site, Makkah’s hospital industry sees business returning in next two years.

The pact aims at securing a comprehensive balance between rights and obligations between investors and the host country

ADNEC has added a new hotel to its portfolio: the DoubleTree By Hilton London ExCel.

Emirates Global Aluminium (EGA) has announced the start-up of the second phase of its expansion to Al Taweelah smelter in Abu Dhabi.

SMEs identify easier access to funding, digital payments, training and upskilling staff as key drivers of growth Rising cost of doing business worries the majority Confidence of Small and Medium Enterprises (SMEs) in the UAE is on the rise after the disruptions caused by the Covid-19 pandemic, says a Mastercard...

Russia might get a toehold in the banking sector in Saudi Arabia A proposal in this regard is being looked at by both the countries There might soon be a Russian bank in Riyadh. A proposal in this regard was presented at a meeting between Saudi and Russian officials on...

    The Saudi-Chinese Business Council has showed the Chinese side Saudi Arabia’s plan to attract more Chinese investments into the country The council highlighted the Saudi “legislative reforms that are expected to increase investments between the two sides”   The Saudi-Chinese Business Council in Riyadh on Tuesday, June 15,...

Olive oil on display manufactured from the produce of 18m olive trees in the Al-Jouf region

It will launch on June 17  and will be broadcast live from studios in Riyadh and New York

UAE food minister Mariam Almheiri says Tatarstan holds great promise for the UAE to diversify its international sources of food

ADX-listed International Holding Company continued its upward streak to AED97.4 amid AED3.53 bn in transactions

Number of investment funds registered with SCA fell to 46 in 2019

Two digital banks are being set up, if all goes well with the regulatory agency

The emirate  to reduce government-related procedures within 3 months  to lower the cost of doing business The private sector to be granted more access to government projects Dubai has decided to reduce the government-related procedures for businesses by 30 per cent over the next three months in an effort to...

Western conifer seed bug is believed to have reached Turkey from Europe in 2010 before entering Lebanon

  Svinger will oversee the strategic expansion of 3M across the region The appointment further strengthens 3M’s developing business in the MEA region 3M Wednesday announced the appointment of Laszlo Svinger as its new Vice President and Managing Director, Middle East, and Africa. In his role, Svinger will oversee the...

It will also look to generate more value from joint investments, and encourage communication between relevant government authorities The sides also discussed their bilateral ties and ways of enhancing their economic cooperation The United Arab Emirates and Japan have decided to put together a joint business council, reports from the...