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

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

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

Chairman of the Federation of Saudi Chambers (FSC) Ajlan Al-Ajlan has called for preparing a roadmap to enhance economic relations between Arab countries and the Russian Federation. He suggested stimulating bilateral business councils, increasing benefits from government support, activating cooperation in the small and medium-sized enterprises between the two regions....

According to a report by General Authority for Statistics (GASTAT), the overall merchandise exports of Saudi Arabia increased by 82.5% in November 2021.

Here is a comparison between the top equity markets in the Middle East, and how they stack up against a couple of their global counterparts.

With rise in trade transactions, the Iranian economic activity also grew notably

The surge in oil prices fueled the start of the week's high for the Saudi stock market, while the UAE indices fluctuated throughout the week.

The General Authority for Statistics (GASTAT) released today through its official website a report on Real Estate Price Index in the Kingdom of Saudi Arabia for the fourth quarter (Q4) of 2021. According to the GASTAT, the real estate price index (RPI) increased by 0.9 percent in the fourth quarter...

The agreement also provides the exchange of commercial data and statistics

A new year saw quite some ups and downs in the top stock markets in the region, even as the UAE markets adjusted to a Monday-to-Friday workweek.

Global stock markets wavered Friday as dealers awaited vital US jobs data and mulled the Federal Reserve's readiness to hike interest rates aggressively. London stocks edged higher in late morning deals, while Frankfurt nudged lower and Paris was flat nearing midday in the eurozone. The dollar was under pressure before...

London's benchmark FTSE 100 index slid 1.0 percent to 7,445.04 points, after heavy losses earlier in Asia and overnight on Wall Street.

The Gulf financial markets ended 2021 on the rise, waiting to achieve significant gains next year.

Experts believe that 2022 will be a milestone year for bitcoin, with the ups outweighing the downs. Cryptos may suffer in the early part of 2022 due to concerns over the overall macroeconomic environment, with Covid-related uncertainty and inflation being high and central banks unsure whether to be proactive in...

The Abu Dhabi index recorded a weekly loss of 4.8 percent, its deepest plunge since March 2020.

The US Treasury announced the ban on Friday, saying SenseTime's facial recognition programmes were designed in part to be used against Uyghurs.

Only five months transpired between Didi's going public in New York in June and word Friday that it will prepare a Hong Kong listing.

Gulf Capital, a UAE-based financial institution, has added Abu Dhabi and Dubai to the list of potential markets for the initial public offerings for one of its assets in 2022.

Firms linked to travel were among the worst affected as investors fretted over the possibility of more government-mandated restrictions.

In early trade, Tokyo, Hong Kong, Sydney, Wellington, Taipei, Manila and Jakarta were all down, though there were gains in Seoul and Singapore.

The program encompasses unprecedented incentives including financial support to the cost of private companies’ IPOs on DFM’s Main Market and listing on the Second Market, post listing support through participation on DFM’s international roadshows regionally and globally in addition to a three years’ waiver on listing fees, AGM fees and...

A respite in the crisis surrounding troubled Chinese developer Evergrande also provided some much-needed support to the region.

Several opposition MPs have demanded to question the premier on a variety of issues but a motion passed in March had given him immunity from questioning until the end of 2022.

Net profit for the third quarter stood at AED 32 million.

The new market will give investors and traders the opportunity to benefit from increased leverage, two-way market exposure, and hedging capabilities.

The losses follow a healthy run-up last week across the world fuelled by a strong start to the earnings season.

Apicorp is a multilateral development financial institution.

The Fund's composition reflects a convergence of SEDCO Capital's Prudent Ethical Investment (PEI) approach with Lombard Odier's investment expertise

Adnoc Drilling will list on the ADX on or around October 3.

The growing consensus is that the much-anticipated first step will not be announced until November and ultimately begin in December.

The battle in Washington to raise the US debt limit was also fuelling concern that the government could miss payments on its debt obligations, sparking a disastrous default.

The reasons behind the penalty included not declaring quarterly financials, and not paying their annual subscription fees.

The initial price is set at AED2.30 (around $0.63) per share.

Surge in trade activity in Dubai has lifted the value of exports, re-exports.

While the mood is generally upbeat, analysts remain cautious owing to the constant threat of the pandemic.

Adnoc Drilling is the largest national drilling company in the Middle East by rig fleet size.

Through it, the bourse aims to drive the embrace of Corporate Sustainability in the Kuwaiti capital market.

The sentiment gets a jolt after Chinese regulators gives dressing down to ride-hailing giant Didi Chuxing and ten other car platforms in the latest move against tech firms.

About 400 refrigerated trucks transport hundreds of tons of 45 varieties of dates to specialized factories in big cities.

Nigeria was the largest West African export market for member companies, accounting for a 32 percent share of the value of exports and re-exports to the region, followed by Ghana (17 percent), Ivory Coast and Guinea with 12 percent each, Senegal (8 percent) and Mali (4 percent).

Group CEO says the bank geared towards benefitting from the re-opening of the Dubai economy post Covid-19 pandemic.

Sharjah Islamic Bank's operating profit increases 25.6% to AED 417.3 million in the first six months

The UAE’s booming economy and the gradual opening up of the world markets helped Abu Dhabi Securities Exchange’s market capitalization to cross US$300 billion (AED1.1 trillion) on 12 July 2021.

Increased vaccinations, protective measures, contactless in-store experience key to rebuilding UAE consumers' confidence 73% of consumers admit to have changed their shopping habits to adapt to the 'new normal' About 46 percent of UAE consumers expect the effects of the Covid-19 pandemic to last at least another year, according to...

Other stock exchanges were stayed dull, posting modest gains and losses  The Gulf Arab state said that leisure and education centres and restaurants can reopen  Stock prices shot up on Qatar stock exchange on Thursday encouraged by a positive atmosphere that the country was going to ease coronavirus curbs. Across...

2017 was exceptional on many fronts for the region’s largest and most diversified derivatives bourse, Dubai Gold and Commodities Exchange (DGCX). Throughout 2017, DGCX recorded new trading highs, launched unique and innovative products and product-related initiatives, grew its strategic partnerships, received regulatory recognitions and industry plaudits too. Balanced blend of...