The month of Ramadan is expected to increase sales of consumer goods in the United Arab Emirates.
With Ramadan just around the corner, retailers and manufacturers in the United Arab Emirates are preparing for an uptick in consumer spending.
Adnoc Drilling is set to distribute a dividend of Dh341 million
Abu Dhabi National Oil Company’s (ADNOC) drilling subsidiary, Adnoc Drilling, is set to distribute a dividend of Dh341 million. The dividend payout comes after Adnoc Drilling’s successful initial public offering (IPO) last year, which was the largest in the Middle East since 2014. The dividend payment is a reflection of Drillings’ strong performance over the […]
In the first quarter of 2023, Dubai has recorded 88 residential property transactions worth over $10 million.
The real estate and construction markets in Dubai have seen a continuous rise in the first quarter of 2022, fueled by wealthy buyers looking to take advantage of the city’s attractive tax regime and lifestyle offerings.
A Bahrain-based utility company is looking to enhance its collaboration with DEWA on sustainability initiatives.
The Electricity Water Authority (EWA) of Bahrain has recently signed a memorandum of understanding (MoU) with the Dubai Electric and Water Authority (DEWA), to collaborate on a range of sustainability initiatives. This includes efforts to promote renewable energy, increase energy efficiency, and reduce carbon emissions.
The non-oil sector of Saudi Arabia is showing signs of growth as the PMI for March reaches 58.7
The latest Purchasing Managers’ Index (PMI) figures reveal a reading of 58.7 for March, indicating expansion in Saudi Arabia’s non-oil sector.