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…
Browsing Tag
Dubai
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…
S. Arabia mulls crude price hike to Asia
Saudi Arabia, the leading exporter of oil, is contemplating raising prices for most of its crude grades sold to…
Dubai moves ahead with new passenger terminal plan at DWC
Dubai is moving ahead with the construction of a new passenger terminal at Al Maktoum International Airport, having…
Gulf stocks up on Tuesday opening
Major stock markets across the Gulf region opened higher on Tuesday, clawing back some recent losses as anxieties…