Oil prices eased, but remain elevated. Bond yields rose, but the sell-off slowed. The dollar weakened as other central banks consider steeper rate hikes than the Fed. Asian shares steadied, and gold ...
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Authorities say they are proactively preparing for unstable conditions, with Dubai and Abu Dhabi set for a cloudy, rainy spell over the coming week ...
BMW AG’s loss-making automotive division dragged the company into the red for the first time in more than a decade, rounding out a dismal quarter for European carmakers hit by the coronavirus pandemic ...
BAE Systems hopes to clinch a deal with the United Arab Emirates (UAE) for its Eurofighter Typhoon jet this year, allowing it to beat French rival Dassault Aviation in a closely contested race.
Qatar Airways is raising its four-times weekly flights to Warsaw to daily from February 1 – five days before Emirates starts daily services to the Polish capital. The Doha carrier said the frequency ...
Bank Nizwa, Oman’s first full-fledged Islamic bank, has received an investment banking licence that will allow it to manage funds and issue instruments such as Islamic bonds, the lender said in a ...
Traded values (buy + sell) on the Abu Dhabi Securities Exchange (ADX) increased 407 per cent from Dhs145bn in 2020 to Dhs739bn in 2021, driven by domestic and international investment. Local investors ...
Saudi Arabia’s state oil company made deep cuts to the price of crude it sells to Asia, where an outbreak of the coronavirus has caused a slump in demand. Saudi Aramco lowered most of its official ...
What is your company focusing on this year? We continue to focus on the global roll out of Bio-Oil. It is currently available in 86 countries around the world and we continue to grow that footprint.
New car sales in the Gulf Cooperation Council dropped 30 per cent year-on-year in the first quarter with little sign of improvement in the months to come, according to Autodata Middle East. The firm ...
The Middle East was the second highest region in the world in terms of the growth in the number of high net worth individuals (HNWI), according to the the Merrill Lynch Capgemini World Wealth Report ...