The UAE moon-sighting committee is expected to convene to confirm the official starting date for Eid.

Countries like the UAE, Saudi Arabia, and Oman appear on track to take giant strides in diversifying their portfolios when it comes to power generation.

The GCC's main indices closed higher toward the end of week, spurred by higher oil prices. The Saudi index "TASI" reached 13,314 points, achieving an increase of 0.4 percent on Thursday, its last trading day. At the same time, the Dubai index increased by 0.2 percent during the week as...

The two bourses have been adhering to the Monday-to-Friday workweek — the norm across most of the world — since the beginning of the current calendar year.

Around 40 free zones in the UAE are likely to attract more investors and FDI after they were declared exempt from the upcoming corporate tax regime, experts tell TRENDS.

As foreign investors seek to take advantage of investment opportunities in the region, KSA and UAE get billions of dollars injected into their economies.

Here’s a look at what landed the UAE and Saudi Arabia among some of the better countries with a pension scheme for retiring or retired employees from both the government and private sectors.

The MoU is said to be in the field of maritime transport, exchange of experiences, and strengthening strategic partnership.

Traditionally, many Muslim-majority countries have followed dates set by Saudi religious authorities, but in recent years many have used their own astronomic calculations.

Here’s a broader look at how the region has prioritized solid-waste recycling and the production of alternative fuels to deal with the trash they generate.

UAE-Colombia non-oil trade was valued at AED991 million ($269.84 million) last year. Under the partnership, this figure could increase threefold soon.

At the meeting, the two sides called for intensifying visits by trade delegations from both countries and increasing the number of conferences.

Although they were allowed only a miserly 23 percent ball possession, the Emiratis managed to sneak a goal through the South Korean defense in the 54th minute to grab a crucial victory and finish on 12 points. Mohammed al-Balushi provided the assist, and after a 40-yard run, Harib Abdalla Suhail...

Blinken also said he was "encouraging partners to speak out against Russian aggression" and said he doubted Russia's "seriousness" in talks with Ukraine held in Turkey.

Blinken flew in from Israel, where he joined a historic meeting of fellow top diplomats from the Jewish state, UAE, Morocco, Bahrain and Egypt.

US Secretary of State Antony Blinken and four top Arab diplomats arrived Sunday in southern Israel for a "historic" meeting marking a thawing of relations between the Jewish state and several regional neighbours. The meeting also takes place as the United States and European allies express quiet frustration that Middle...

The fisheries sector in the UAE has changed quite a bit over the past two decades, with a pointed move towards sustainability.

Now entities that typically have strong brand equity, control over distribution, and very few competitors, have a competitive edge that makes it difficult for rivals to emulate their products and services. What of the rest? Lovrenc Kessler, Managing Partner of Simon-Kucher & Partners Middle East, explains.

Called the UAE-Türkiye Real Estate Development Construction Roundtable, it will be held on Wednesday, March 30.

This is expected to benefit over 7,100 people in the region, including 5,700 women and children.

US Secretary of State Antony Blinken will travel to Israel, the West Bank, Morocco, and Algeria over March 26-30 to discuss the Ukraine war, Israeli-Palestinian relations, the Iran nuclear deal, and gas from Algeria, among other things, the US State Department has announced.

The council has also set minimum values of iftar meals and atonement for not fasting during the previous Ramadan.

During the meeting, prospects for collaboration between private sector institutions in the countries and ways to enhance them were reviewed.

Survey analyses the impact of COVID-19 on small businesses, the key verticals of growth and the growing acceptance of digital payments.

The FCCI is keen to enhance cooperation with MÜSİAD and utilize the momentum provided by Expo to intensify relations between the two sides.

Four of the six GCC members feature within the top 50 of the World Happiness Report, and are atop the rankings among the Arab countries.

The plea by Japan's Foreign Minister Yoshimasa Hayashi came during meetings with Emirati officials which coincided with a visit by Germany's economy minister.

Assad's surprise trip on Friday was his first official visit to an Arab country since civil war erupted in his country in 2011.

Syrian President Bashar al-Assad held talks in the United Arab Emirates on Friday, his first official visit to an Arab country since civil war erupted in 2011, UAE state media said. Assad met with the UAE's de facto ruler Sheikh Mohammed bin Zayed Al-Nahyan, discussing "fraternal relations" between the two...

An Emirati cargo ship sank in Gulf waters off Iran, triggering a search and rescue operation in heavy seas Thursday which recovered all but one of its 30 crew, Iranian media reported. "All but one of the 30 crew members have been rescued," the crisis management director for Bushehr province...

The new rates are said to be effective from Thursday, March 17.

Oil prices rose by more than 20 percent this week, due to ongoing concerns about supply disruptions and Russian output.

However, Gulf countries have an interest in acting in coordination — both within OPEC, and with Russia-led allies in the OPEC+ group — to avoid a price war and keep control over the market.

Brent had spiked to $139 on Monday — about $8 short of an all-time record — in expectation of the US embargo on Russian oil and gas.

Tetra Pak Arabia Managing Director Niels Hougaard explains what lies ahead for F&B companies — bith regionally and globally — as they eye new goals.

The initiative, called Beyond Food, was launched in collaboration with the Nama Women Advancement Establishment.

Haoula considers it extremely important to sustain family businesses as a recognition for their efforts historically, and for the advantages they could bring to the future of the UAE. “The new legislation makes everybody [feel] welcomed, and that for sure will make it a very approachable place for employment and...

Thanks to a spike in crude oil prices pushed beyond $100 by the Russian-Ukraine conflict, the stock markets of Saudi Arabia and the UAE posted gains in February.

The UAE is the latest country to be added to the list, and will have to work closely with the FATF to get off it.

Over the past 10 years, the UAE has reportedly sent relief supplies to Malawi amounting to AED85.3 million ($23.23 million).

Romanian business leaders were speaking at Romania-UAE Business Forum at Expo 2020 Dubai.

In an exclusive interview, Tel Aviv Stock Exchange CEO Ittai Ben-Zeev speaks on his strategy to attract investors from the Arab world, especially the UAE and the GCC.

Diversifying, and strengthening local production structures is the most appropriate way to reduce inflation. Entrepreneurs and start-up companies may come forward to help their respective governments in finding more sustainable development solutions. The menace of inflation cannot be managed alone.

Prince Khalid bin Salman conveyed the greetings of the Custodian of King Salman bin Abdulaziz Al Saud.

The aid was sent following the directives of the UAE's leadership to help improve the humanitarian situation in the Tigray region.

Choosing sides in Ukraine's crisis would have once been easy for Gulf states long protected by the US, but growing ties with Moscow are forcing them to strike a balance. As the world rushed to condemn the Russian invasion of its smaller neighbour, the wealthy Gulf Cooperation Council (GCC) countries,...

The UAE’s National Emergency Crisis and Disasters Management Authority relaxed the rules in coordination with its main partners.

This goal requires adopting new economic diversification strategies, in addition to supporting new economic sectors, said Minister of Economy Abdullah bin Touq Al Marri.

The Arab oil and gas producers are likely to close the gap that could arise from the disruption of oil flows from Russia, according to the Institute of International Finance.

The aid is expected to improve the humanitarian situation of hurricanes, drought, and terrorist attacks faced by some countries in Africa.