The official reserves stood at QAR153.890bn by the end of July, a considerable rise over last year’s reserves of QAR4.775bn
The company will invest in swathes of Egypt’s economy from infrastructure and real estate to pharmaceuticals
The smart taxis are equipped with sensors, cameras, a mobile data unit and other devices connected to an integrated system
The cumulative FDI balance received by the UAE also increased by 141.6 percent from 2011 to 2021
The MoU aims to explore the future of sustainable transport in the kingdom and identify investment opportunities in railway infrastructure
According to Qatar Civil Aviation Authority, HIA recorded 15.6 million passengers in the first half of this year
Once listed, Burjeel is considering a dividend payout ratio of 40 per cent to 70 per cent of net income from 2023 depending on its investment requirements at the time
State producer Saudi Aramco increased its Arab Light grade for next month’s shipments to Asia to $9.80 a barrel
The programme targets young leaders from various fields to develop their knowledge and expertise in the field of clean and renewable energy
The UAE-based money-exchange firm held initial talks with potential advisers about the Dubai listing that may happen in the first quarter of 2023
Smart Police Stations in all of its editions – SPS, drive-thru and walk-in, also welcomed 413,540 customers during the same period
The fertiliser company, a joint venture between ADNOC and OCI, reported that its free cash flow increased to $789m in Q2 2022 from $328m in Q2 2021
Aramco will benefit from VGP’s robust manufacturing and distribution network, significant R&D capabilities, strong partnerships with major OEMs
He was appointed for a three-year term at the special meeting of the OPEC Conference held on January 3
The OPEC+ alliance will meet via video conference on August 3 to decide on future production policy
The Committee will be chaired by Ohood Khalfan Al Roumi, Minister of State for Government Development and the Future
The Covid-19 nationwide case count has risen to 992,652
Dubai Municipality will feature four new agencies, facilitate enhanced governance, privatise eight main activities and create Dhs10bn worth of new economic opportunities
The price of Super 98 has been reduced to Dhs4.03 per litre in August
According to Mo’asher data, Q2 2022 marked the highest quarterly volume of sales transactions for the last decade, with a total of 22,504 transactions worth Dhs59.154bn
The company’s total consolidated revenue reached Dhs163.8m in H1 2022 compared to Dhs136.6m during H1 2021
The venue boasts a colorful chic interior, retro tunes, distinctly curated beverages and a delicious menu
Gulf Business recently visited Amazon’s largest delivery station in Abu Dhabi to get the details
The group opened a 12,000sq ft store at Dubai’s Ibn Battuta Mall last week, which signals its expansion strategy across the two markets
Saturday, July 30 has been declared an official paid holiday for all public and private sector employees in the UAE
The UAE-Kenya CEPA will be the first bilateral trade deal that the UAE seeks to sign with an African nation
Borouge reported that the adjusted EBITDA increased 1.7 per cent to $1,512m, whilst net income increased 2.5 per cent to $853m
Eithad Airways carried 4.02 million passengers in H1 2022, over 3 million more than last year, with an average seat load factor of 75 per cent
Floods hit several regions of the UAE, including Sharjah, Fujairah and Ras Al Khaimah, due to heavy rains since July 27
The lender recorded year-on-year growth of 97.5 per cent to close the six month period at a net profit of Dhs150.5m