The Oman Meteorology service is warning seafarers and fishermen to be careful of the changing conditions
OPEC+’s de facto leader Saudi Arabia has said that the cuts could continue past the first quarter if needed
The sukuk marks the lowest-ever credit spread achieved by DIB and the largest sustainable issuance by a regional financial institution in nearly a year
The company said the delay was due to the regulatory framework still being finalised in Saudi Arabia to enable the listing of foreign companies
ADQ and IHC Capital will own a respective 38.7 per cent and 19.4 per cent of the entire issued share capital of the merged entity
The auditing company’s latest annual report reveals that 89 per cent of Saudi Arabia’s CEOs expressed confidence in their country’s economic prospects
The deals cover the supply of a range of products comprising strategic commodities, such as instrumentation, and electrical and drilling equipment
The penalty was implemented to prompt taxpayer compliance with tax laws through timely corporate tax registration
The company reported a 100 per cent growth in its airport taxi fleet, adding 350 environmentally friendly vehicles
Will the UAE’s fuel price committee hike or cut rates for petrol and diesel today? Keep posted here to find out as we break the news
The new Artura Spider is McLaren’s first-ever high-performance hybrid convertible
‘Aiden Insight’ will attend IHC board meetings as a non-voting observer, offering real-time insights to inform discussions and guide decisions
For residents of Dubai’s Damac Hills, Dubailand and Al Barsha the rental increases were particularly severe, according to the 2023 Annual Property Rental Market Report released by online marketplace dubizzle
The Gulf state plans an 85 per cent expansion in LNG output from its North Field’s current 77 million metric tons per year to 142 mtpa by 2030
The fund aims to close the current funding gap that exists for local and regional entrepreneurs
The average residential prices in Dubai surged by 20.1 per cent in the year to December, with apartment prices rising by 19.8 per cent
The UAE has five specialised aircraft for cloud seeding operations and it also has a factory to produce high-quality flares in the region
Light to moderate rainfall in general and heavy at times is expected in the Northern, Eastern and Southern regions of the country
This social experiment will reveal a digital replica of a human being that not only mimics their appearance and voice but also engages in conversation
Parkin — spun out of the Dubai Roads and Transport Authority (RTA) late last year — is set to float 24.99 per cent of its shares
The fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 6 fils per litre in February
Rizwan Sajan, the founder and chairman of Danube Group, is famous for being the “1 per cent man in Dubai”, but he’s reaching fresh heights with his company’s latest tower project
The grey-list exit will increase the international community’s confidence in the country’s financial services sector
Over 13,000 ships traverse the Dubai Creek annually and the improvements are targeted at ensuring their safe docking in the area
The issuance marks the first real estate benchmark US dollar-denominated sukuk from the MENA region in 2024
The expansion may not be the last for Qatar as appraisals of the Gulf state’s gas reservoirs would continue and production might be expanded further
The Financial Action Task Force (FATF) on Friday dropped the UAE from its ‘grey list’ of around two-dozen nations considered ‘risky’
The almost 30-year-old global watchdog tries to strike deals by consensus, but such efforts are becoming more and more difficult
The new lab will enhance Dubai’s role within the global diamond supply chain, offering faster turnaround times and streamlined processes
The initiative aims to decarbonise Abu Dhabi’s entire road freight transport by 30 per cent by 2030