Saudi Arabia's stock market rose in early trading on Monday helped by banking shares and increasing oil prices, while most major Gulf stocks advanced mirroring gains in global equities.
Asian stocks, riding a Wall Street rally, were cheered by (...)
Weakness in banking shares pushed indexes in Saudi Arabia and Abu Dhabi stocks lower in early trade on Sunday, while Qatari stocks rebounded on demand for Industries Qatar, which bounced back after sharp losses this month on weak earnings.
Saudi (...)
التقط القمر الصناعي الإماراتي "خليفة سات"، خلال أول أيام عيد الأضحى، صورة من الفضاء عالية الدقة، للحرم المكي في المملكة العربية السعودية.
وتأتي الصورة خلال موسم الحج لعام 1440 هجري الموافق 2019 ميلادي.
"خليفة سات" صنع بالكامل داخل مختبرات تقنيات (...)
Gulf markets in early trading on Thursday extended their losses amid falling oil prices and worries of global recession risks triggered by disappointing economic data out of China and Europe.
Brent crude LCOc1 was down 37 cents, or 0.6 percent, at (...)
Arif Naqvi, the founder of defunct Dubai-based private equity firm Abraaj Group, was sentenced in absentia to three years in prison by a court in the United Arab Emirates for a case involving low-cost carrier Air Arabia PJSC, people familiar with (...)
The Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, visited several infrastructure projects related to the Expo 2020 Dubai, which will begin in October 2020, with the participation of 95 (...)
A report released by property finder stated that it expects a total of 59,404 residential units to be added to Dubai's property market in 2019.
Of this, construction on 20,978 units were already completed. This comprised of 14,999 apartments, 1,084 (...)
Most Gulf markets traded on Wednesday after a three-day Eid holiday, while Saudi Arabia and Oman's bourses will resume trading on Sunday.
The markets reversed earlier gains as optimism over Washington delaying tariffs on some Chinese imports gave (...)
It's safe to say that the Egyptian delegation that participated in the 2019 Abu Dhabi Special Olympics (14-21 March) has taken the event by a storm. Egyptian athletes have broken all expectations and won a total of 70 medals (29 gold, 21 silver, and (...)
The Central Bank of Egypt (CBE) inked a memorandum of understanding (MoU) with the Dubai Financial Services Authority (DFSA) to strengthen cooperation between the two parties and facilitate the performance of their respective supervisory tasks.
A (...)
The U.S. maritime agency has told U.S.-flagged commercial vessels they must send transit plans in advance to American and British naval authorities if they intend to sail in Gulf waters following a number of incidents over tankers involving (...)
Saudi Arabia has a number of under construction tourism projects worth $11.6 billion as the kingdom seeks to draw more international and GCC tourists, said a report on Tuesday.
In February 2019, the kingdom unveiled major tourism initiatives, (...)
Dubai's residential rents across categories continued to decline on the back of softer demand and pressure caused by upcoming supply, real estate surveys show.
Analysts at Kamco Research said the highest declines in second quarter was witnessed in (...)
The 41st Cairo International Film Festival scheduled to take place between 20 and 29 November 2019 will be dedicated to Youssef Cherif Rizkallah, the iconic film critic and historian who passed away on 12 July 2019, the festival's president Mohamed (...)
Governments across the region are being challenged to deliver digital services and meet citizen expectations, often even before the citizenry realise the need. Artificial Intelligence (AI) can be the key.
One of the maxims of governments all over (...)
Saudi Arabia's stock market fell sharply on Tuesday amid escalating trade tensions between China and the United States, while Qatar and Abu Dhabi opened higher on back of their financials.
A year-long U.S.-China trade war boiled over on Monday as (...)
UAE's Arad Real Estate Investment and Development (ARAD) targets various investment opportunities in Saudi Arabia and Egypt, it chairman Sultan bin Ahmed Al Qasimi said on Monday.
The company hopes to launch its first project in the kingdom in the (...)
Dubai is in the third position as being the most affordable major city for purchasing prime residential property, according to the World Cities Prime Residential Index released by Savills, a global real estate services provider.
While the analysts (...)
Growing up watching the black-and-white films of Egyptian cinema's golden era, they left an engraved mark at the soul of the young digital artist Mohamed Gaber. He merged the beauty of Egypt's most popular stars and the world of fairy tales of (...)
SHUAA Capital has announced the completion of the merger with Abu Dhabi Financial Group and the raising of its authorized capital from $ 289,9 to $690,3, following final regulatory approvals.
This comes following the admission of 1,470,720,000 new (...)
Dubai prime residential property prices fell 1.9 percent in the first half of the year due to the market being oversupplied, real estate company Savills said.
The Middle East financial hub's real estate market has steadily contracted since mid-2014 (...)
The higher turnover of the Egyptian Exchange (EGX) in July and the improving purchases of institutions helped EFG Hermes (through Financial Brokerage Group and Hermes Securities Brokerage) continue their top performance among brokerage companies in (...)
Saudi Arabia's stocks fell on Sunday, weighed down by banking shares, in line with major markets on Friday after the U.S. Federal Reserve cut interest rates, which was followed by rate cuts by most Gulf central banks.
The Saudi banking stocks were (...)
Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asian markets for a second straight month in September after Middle East benchmark prices weakened.
The official selling price (OSP) for flagship Arab Light crude (...)
تحرص الإمارات على إختيار الطرق الصحية الآمنة التي تحافظ من خلالها على مواطنيها وتدريبهم على الحياة الصحية السليمة وإتباع القواعد الصحية عالميا.
ونشرت الصفحة الرسمية لحكومة دبي عبر صفحتها الرسمية على موقع التغريدات القصيرة تويتر، مطعم يمتاز بتصميمه (...)
