Accor joins forces with Rua Al Madinah Holding to enhance the hospitality industry in Madinah.
The Swissotel and Novotel will be operated under Accor’s midscale and economy brands, respectively.
Saudi Aramco’s net profit for the first quarter of the year increased by 3.75% QOQ to reach $32 billion.
Saudi Aramco, reported a net profit of SR119.54 billion ($31.88 billion) in the first quarter of 2023
Dubai gold prices have slightly risen during the early trading session, according to the latest reports.
Gold prices in Dubai have slightly increased during the early trading session on Wednesday.
According to the Central Bank, the UAE’s economy has achieved one of the fastest growth rates globally.
Despite the challenges faced by the global economy, the Central Bank of UAE (CBUAE) expects the country’s GDP to rebound in 2024
ADNOC to sell 15% of its logistics and services division through an IPO.
Adnoc has announced that it plans to sell a 15% minority stake in Adnoc Logistics & Services (Adnoc L&S) through an IPO on the Abu Dhabi Securities Exchange (ADX).
The Union of Arab Chambers and the Arab Federation for Digital Economy have signed a cooperation agreement.
The Arab Federation for Digital Economy and the Union of Arab Chambers have joined forces
DXB Q1 passenger traffic reached 95.6% of the levels recorded in 2019, with 21.2 million passengers.
Dubai International (DXB) has announced that its passenger traffic has reached 95.6% of 2019 levels.
Fertiglobe’s Q1 2023 earnings reached $694 million, according to the company’s financial report.
Abu Dhabi-based Fertiglobe, the strategic partnership between ADNOC and OCI Global, has reported a strong start to 2023, with Q1 revenues of $694 million
The Chairman of Sharjah Media City has stated that their aim is to achieve a growth rate of over 10% in new licenses by the end of the year.
Dr Khalid Al Midfa, the Shams, announced that Sharjah Media City has witnessed remarkable growth in the number of new licenses for companies in recent years.
The 68th meeting of the GCC Undersecretaries of Ministries of Finance Committee was attended by the UAE.
The Ministry of Finance of the United Arab Emirates participated in the 68th meeting of the GCC Undersecretaries of Ministries of Finance Committee, which took place in Muscat, Oman. The meeting focused on discussions regarding Gulf economic work, ways to enhance financial and economic cooperation, and preparation for the 119th Financial and Economic Cooperation Committee […]