The US Federal Reserve raised interest rates by a quarter percentage point
Bullion has eased after rallying to within $5 of a record last week
Panasonic will start mass production of 4680 batteries in the fiscal year starting April 2023
Emirates customers will have access to seven domestic points in Indonesia beyond Jakarta and Bali
The crisis in Europe is disrupting flows of energy, grains and metals
The one-day domestic production stoppage likely impacted around 13,000-vehicles worth of production for the automaker
The size and monetary value of the outbound GCC tourism market were never in question – but what are its challenges, opportunities and key growth drivers in the foreseeable future?
Reported revenue was down 2 per cent to $49.6bn, impacted by lower global interest rates and a decrease in revenue in markets and securities services
Tokenisation turns consumers into investors, creating multiple revenue streams while increasing consumer engagement for brands, from fashion to music
Power sector investments in the MENA region are also expected to continue to thrive, with an accelerating shift towards renewables
Accenture’s annual Fjord Trends 2022 report has identified five human behaviours that are pushing companies to design new ways of doing business
Lex Mundi’s Global M&A Trends Report 2022 predicts as much, if not more, deal activity in both public and private mergers and acquisitions this year
The Bored Falcon initiative has been created and fuelled by a collective of artists across Dubai, Manama, Beirut, and Damascus
The region’s M&A deal volumes for FY 2021 were up 58 per cent from 2020
Climate change is going to reshape the world
The campaign aims to drive inbound tourism, as Britain gears up for a year of landmark events
The technology provider aims to address the key delivery challenges in the Middle East such as inaccurate addressing and package tracking
Oil has rallied on improving demand and supply outages, putting $100 a barrel within reach
The global tourism body says the sector’s contribution to the global economy could reach almost pre-pandemic levels this year
Electric cars will represent 95 per cent of total EV shipments in 2022 and the remainder will be split between buses, vans and heavy trucks
The local service providers will have a location within the country where they can store business-critical data for their clients
Negotiations between the GCC and the UK have begun
Tier has extended its fleet in Bahrain, expanding to Diyar Al Muharraq
In Egypt, we closed three accelerated equity offerings, out of which one was the first dual listing of a London listed company on EGX
Sun & Sand Sports, a GMG brand and the Middle East’s sports retailer, is already slated to open at the City Centre Almaza as well as Mall of Egypt
Movements in the price of oil are felt more keenly and quickly than any other commodity
Masdar is focused on developing renewable energy projects across the Middle East and North Africa and broader international markets
The variant was identified in 12 people in the southern Alps around the same time that omicron was discovered in South Africa last year
The authorities will conduct contact tracing only in case of a cluster outbreak
Although the pandemic has affected the air travel industry, new technologies and contactless systems can eliminate the bottlenecks, says Osama Nawayseh, Middle East sales manager at Vision-Box