Lunate and Olayan Financing Company will each possess a 24.5 per cent equity interest in ICD Brookfield Place
The Red Sea crisis has put plans of some operators to replace aging fleets with newer more fuel-efficient ships on the backburner.
Lucid said last month it was raising $1bn in capital from Ayar Third Investment Co, an affiliate of Saudi Arabia’s Public Investment Fund
Dubai recorded 1.77 million international visitors in January, and 1.9 million in February, according to DET figures
Saudi’s Supreme Court had asked Muslims across the country to sight the crescent moon to mark the start of Eid al Fitr
The package was approved under the directive of UAE President Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi
The exact timing of the eclipse varies by state and time zone across the North American continent, with visibility contingent upon weather conditions
By the end of February, Saudi Arabia had a total of 11,757 factories either operational or under construction
From Dubai’s Global Village to Yas Island in Abu Dhabi, fireworks will light up the night sky to mark Eid al Fitr 2024
In addition to the Al Qassim route, Etihad Airways will increase frequencies to various destinations, including Antalya and Jaipur, starting June 15
In ADX, five large direct deals were executed on 243.4 million shares, amounting to Dhs683.3m
The development bank has set an ambitious target of providing Dhs30bn in financing support to 13,500 companies by 2026
The report showed that e-commerce spending continued growing in 2023, with a 15 per cent growth rate since 2022
The upcoming total solar eclipse slated for April 8 is set to be one of the most significant astronomical occurrences of the year.
Kushner told Reuters last month he was in talks over investing in Belgrade, the capital of Serbia, to transform the old army headquarters
Shell has said it believes gas and LNG will play a critical role in the energy transition by replacing more polluting coal in power plants
Yemen’s Houthis have staged attacks on shipping in the Red Sea region for months in solidarity with Palestinians in Gaza
FAB has held early exploratory talks with owners of several Turkish banks
Motorists should be aware of changes to traffic movement and road closures announced by Abu Dhabi’s transport regulatory authority
The sector’s ongoing contributions to Abu Dhabi’s GDP were shared by ADDED and ADIO at the second edition of their Al Multaqa meeting held recently
The RTA notification said that free parking hours will be in effect from Ramadan 29 until Shawwal 3
Developed markets dominate the top 25, but emerging markets like the UAE and Saudi Arabia witness significant rises
Egypt received the initial $5bn payment from the UAE in its $24bn deal at Ras El Hekma peninsula west of Alexandria
The Eid Al Fitr holiday will start on Monday, April 8, 2024 (Ramadan 29, 1445 AH)
Investors will look to economic data and monetary policy for potential clues on the outlook for oil demand
Gulf markets have been riding an IPO boom over the last two years on high oil prices and foreign institutional investor interest
Dubai Metro trains will operate alternately, ensuring journeys from Centrepoint directly to UAE Exchange and Expo 2020 Stations without the need to switch trains at Jabal Ali Station
BlackBerry expects first-quarter revenue in the range of $130m to $138m, below analysts’ estimate of $151.12m.
By combining their expertise, EasyLease and United Trans aim to deliver a wider range of enhanced mobility solutions to customers across the GCC and MENA regions
Those working in the public and private sector will mark the Eid al Fitr holiday from April 9 and will resume work from April 14