According to ADNOC, the discovery from a new deeper reservoir indicates between 1–1.5 trillion standard cubic feet of raw gas
Kabir Mulchandani, founder and chairman of Five Group speaks to Gulf Business on his hospitality chain’s trend setting journey to international expansion
Gulf Business recently visited Amazon’s largest delivery station in Abu Dhabi to get the details
The bank reported double-digit income growth in the UAE, Pakistan, and Ghana, with Pakistan delivering its highest-ever half-yearly operating profit
IT firms simply cannot afford to ignore solutions that bridge the visibility gap
The bank’s total income was Dhs12.5bn, up 31 per cent YoY, including a Dhs3.1bn net gain on the sale of a majority stake in Magnati
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
Researchers have been exploring searchable encryption techniques to improve cloud storage security that still enable search
Studies show there is a 9 per cent higher increase in growth amongst agile businesses that connected their online, in-app and in-store payment channels compared to those that don’t
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
The group achieved revenues of Dhs17.1bn, up considerably year-on-year from Dhs5.5bn for the same period last year
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
West Texas Intermediate futures climbed near $98 a barrel after closing 2.4 per cent higher in the previous session
Significant numbers of employees are moving from tech firms like Amazon.com and Microsoft to fintech companies
Gross new financing and sukuk investments saw a significant increase of Dhs33bn during the period
The company brought in Dhs162.6m in revenue in H1 2022, compared to the Dhs70.1m it made last year
Group sales rose to a record level of Dhs5.33bn for H1 2022, driven by strong domestic and international demand for existing inventory and launch of new properties
The transaction includes the four main office towers in ADGM located on Al Maryah Island, Al Sila, Al Sarab, Al Maqam and Al Khatem
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
For the months of April and May, the value of point-of-sale transactions jumped by 16 per cent year-on-year to a total of SAR91.8bn across the kingdom as a whole
Emirates NBD played a leading role in both the DEWA and TECOM IPOs, delivering customers a fully digital platform
This 17-megawatt peak solar project will be the first-of-its kind to be installed in the region
According to the World Gold Council, while the markets have seen prices ease from exceptionally high levels in Q1 2022, gold has been one of the best performing assets so far this year
Cameyo’s platform provides cost-effective and flexible delivery of applications to any device
The report also pointed out that the market value of the Dubai Financial Market increased by some $24.45bn
This is GII’s first property development project with a global hospitality provider and its second residential investment in the UK
Saudi Arabia, Bahrain and the UAE moved in lockstep with the US central bank, raising their benchmarks by 75 basis points
The second daily flight will provide another 20 tonnes of cargo belly-hold capacity
The UAE, Saudi Arabia and Qatar are the only Arab countries in the top quartile of the ranking