Emaar Development’s sales backlog has increased to Dhs65.7bn, which will be recognised as revenue in the coming years
A recent survey of over a hundred CEOs and board members in the Middle East highlights concerns about leadership attraction, development, and planning
Amazon Payment Services’ latest report is based on the quantitative data and insights from more than 100 executives responsible for payments in businesses across Saudi Arabia, the UAE and Egypt
The shift to digital payments is more pronounced in Saudi Arabia, the UAE and Kuwait – where the preference for cash has dropped significantly
OPEC sounded an upbeat tone on the economic outlook as well as future oil demand
The Day of Arafat, which precedes Eid al-Adha, is anticipated to be observed on June 15
Crypto Oasis said the 13.3 per cent year-on-year increase reflected the overall growth of the industry in the UAE
The Tangkulo-1 discovery aligns with the company’s gas-focused strategy and serves as a significant milestone in the region’s development
The CEO for Europe Middle East & Africa (EMEA) tells us that the company is fostering its operations and logistics networks throughout the GCC region while leveraging its strategic partnerships
The carrier said the seasonality shift in Ramadan, higher fuel prices and currency fluctuations in key markets hurt its profit in Q1 2024
The weather agency has forecast intermittent showers for parts of the country
The Falcon 2 series come as companies and countries are racing to develop their own large language models following the 2022 release of ChatGPT by OpenAI
At its core lies Jais 30B, touted as the world’s most performant Arabic Large Language Model
Emirates airline, the UAE’s flagship carrier, reported a new record profit of Dhs17.2bn
The penthouse, which boasts unparalleled views and lavish amenities, commanded an impressive price of Dhs10,715 per square foot
For decades, India’s spice makers MDH and Everest have been ubiquitous in kitchens around the world, with their products being essential ingredients in a range of preparations
The UAE outpaces global averages in attracting expatriates, particularly lauded for its prowess in innovation and digitalisation
Goldman still expects Brent crude futures to remain in a range of $75 to $90 a barrel in most scenarios
According to JLL, in Q1, around 10,000 units were delivered in Dubai and 1,600 in Abu Dhabi, marking strong growth in the UAE’s residential sector
The financial regulator registered a 50 per cent year-on-year increase in licence applications across all business models
Iraq has repeatedly said it is committed to voluntary cuts but pumped over its output quota by a cumulative 602,000 bpd
The market share of OPEC crude has fallen to a multi-decade low of 27 per cent after Angola’s exit at the end of last year
Following the acquisition, Eni holds a 60 per cent stake of Block 7, SNOC 30 per cent and RAK Gas 10 per cent
The visit is a continuation of long-standing engagement between the US and this region
Dirham-rupiah trade is expected to reduce transactional costs for businesses while strengthening financial cooperation
A shareholder agreement among Etihad Rail, Oman Rail and Mubadala Investment Company has been signed to kick off the project
The volume of Saudi crude to be loaded for China is estimated to fall by 5.8 million barrels in June from 45 million barrels in May
Parkin reported that total revenue grew by 8 per cent, with public parking revenues up 11 per cent
The wind farm, which is on track to start operations by the end of the year, will consist of 50 wind turbines built on monopile foundations
The visit underscored the importance of diplomatic ties between Turkey and Kuwait and laid the groundwork for enhanced cooperation in various fields