Al Majed for Oud soars in Saudi IPO
Al Majed for Oud Co., a Saudi Arabia-based perfume maker, surged by the maximum limit in its Riyadh stock market…
Browsing Tag
Dubai
UAE insurance sector total profit surges to AED2.5b in ’23 – CBUAE
The Central Bank of the UAE (CBUAE) reported that the country’s insurance sector profits surged to AED2.5 billion…
Dubai Chambers, Bank of China sign MoU to boost trade tie
Dubai Chambers signed on Thursday an memorandum of understanding (MoU) with Bank of China – Dubai Branch to enhance…
Saudi firm to build hydrogen-powered tower in Egypt
Magnom Properties, a subsidiary of Saudi industrial group Rawabi Holding, plans to start construction early next…
QatarEnergy raises Sept. crude prices
QatarEnergy (QE) is set to increase its official formula prices for September-loading crude exports, marking a rise…
DXB welcomes record 44.9m guests
Dubai International Airport (DXB) has set a new record by welcoming 44.9 million guests in the first six months of…
Dubai luxury home sales robust in H1 ’24
Dubai's luxury home market remained robust with 190 homes worth $3.2 billion sold in the first half of the year,…
Dubai to enhance rainwater drainage system
Dubai plans to invest 30 billion dirhams ($8.2 billion) to upgrade its rainwater drainage system following the…
Bank of America relocates to Dubai
A senior Bank of America Corp. dealmaker is relocating from London to Dubai to boost efforts in the Middle Eastern…
UAE’s FDI inflows hit $23b in ’22 – IFZA
The United Arab Emirates (UAE) had witnessed total inflows of direct foreign investment (FDIs) worth $23 billion in…
