SAPTCO
April 25, 2023

A $24 million deal for a public transport project has been signed between SAPTCO and Jazan Municipality.

The $24 million deal recently signed between the Saudi Public Transport Company (SAPTCO) and the Jazan Municipality is a crucial step forward in improving transportation services in the region.

Gold Price
April 25, 2023

Gold prices in Dubai have increased due to a weaker dollar.

Gold prices in Dubai and globally rose on Tuesday morning as the dollar retreated, providing investors with a haven asset amid economic uncertainty.

UAE Economic
April 25, 2023

UAE offers top economic opportunities in the Arab world for residents, states a report.

The United Arab Emirates (UAE) has been ranked as the top Arab country in terms of economic opportunities offered to its residents, according to a recent report. The report, which analyzed several economic indicators, showed that the UAE offers a favorable environment for businesses and individuals looking to grow their wealth and achieve financial stability. […]

Abu Dhabi Airports
April 25, 2023

Abu Dhabi Airports Free Zone has reported a twofold increase in the number of leased-out properties and spaces.

Abu Dhabi Airports Free Zone has seen a twofold increase in the number of leased-out properties and spaces, a testament to its hard work and dedication to providing top-quality services to its clients.

Bank of Baroda
April 25, 2023

Bank of Baroda UAE Operations posts Dh322m net profit for 2022

The Bank of Baroda’s UAE operations have achieved a net profit of Dh322m in 2022.

UBS
April 25, 2023

UBS is aiming to finalize the acquisition of Credit Suisse by July 2021.

The merger between UBS and Credit Suisse is set to be completed by July, creating a banking giant with total assets of roughly CHF 1 trillion.

United Arab Banks
April 24, 2023

Fitch raises the Viability Rating of United Arab Bank.

Fitch Ratings has raised the Viability Rating of United Arab Bank (UAB) from ‘bb-’ to ‘bb’, reflecting the bank’s strong capitalization, improving asset quality, and sound liquidity position.

Arabian Travel Market
April 24, 2023

The 30th Arabian Travel Market focuses on tech and sees a 54.7% sector participation increase.

The 30th edition of the Arabian Travel Market is focused on technology and innovation, reflecting the need for businesses in the travel industry to adapt and transform to stay competitive.

Egypt
April 24, 2023

The IMF predicts that Egypt’s contribution to global growth will be 1.7%.

Egypt has experienced strong economic growth in recent years, with the IMF expecting a 5.5% GDP growth in 2021.

Edison Awards
April 24, 2023

SABIC has been honored with 5 Edison Awards for its innovative products.

SABIC has recently won five Edison Awards in recognition of its innovative products and solutions designed to reduce car weight, improve insulation properties, and provide superior strength and durability in packaging.

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