Azizi
May 9, 2023

Azizi Developments has introduced Azizi Vista, a new residential project in Dubai Studio City.

Units at Azizi Vista start from Dh585,000, and the company is offering a 40/60 payment plan to make it easier for investors to purchase their dream property.

Oil prices
May 9, 2023

Oil prices rise by nearly 3% as concerns about a possible economic downturn start to recede.

The recent rebound in oil prices was largely due to a healthy US jobs report for April, which helped to ease concerns about a potential US economic recession.

Hamad International Airport
May 8, 2023

In the first quarter, there was a 44.5% increase in passenger traffic at Hamad International Airport in Qatar.

Hamad International Airport’s growth in passenger traffic during the first quarter of 2023 comes as a sign of recovery for the aviation industry

Index
May 8, 2023

The Saudi benchmark index ended the trading day at 11,256 points, remaining unchanged from its previous close.

On Monday, the Tadawul All Share Index in Saudi Arabia ended the day unchanged, slipping just 0.26 points to close at 11,256.39. However, the MSCI Tadawul Index experienced a slight increase, rising 1.12 per cent to end at 1,514.66, while the parallel market Nomu decreased by 35.84 points to finish at 21,058.53. The benchmark index […]

Radisson Hotel Group
May 8, 2023

According to a senior executive, Radisson Hotel Group intends to establish 100 hotels in Saudi Arabia.

Radisson Hotel Group has announced its plan to expand its presence in Saudi Arabia

Dewa
May 8, 2023

Dewa has announced that it achieved a consolidated net profit of Dh763 million in the first quarter.

Dewa’s focus on sustainability and environmental efforts is also a factor contributing to its success.

EDB
May 8, 2023

Since the launch of its strategy, EDB has extended Dh813 million in financing to MSMEs through its credit guarantee scheme.

EDB and the Ministry of Economy have recognized and rewarded their banking and FinTech partners for their involvement in the Bank’s CGS.

bus Manufacturer
May 8, 2023

UAE bus Manufacturer plans to increase output and look for new markets.

The Indian-origin brand has been buoyed by record bus sales that it notched up last year, and is now doubling down on its intent to launch luxury coaches and electric buses in the GCC market.

Air Arabia
May 8, 2023

Air Arabia has announced a 17% increase in its net profit for the first quarter of 2023, reaching Dh342 million.

Air Arabia, the Middle East and North Africa’s largest low-cost carrier, announced on Monday that it recorded a net profit of Dh342 million for the first quarter of 2023

SAMA
May 6, 2023

Following the move by the US Federal Reserve, SAMA has increased interest rates.

Saudi Arabia’s central bank, SAMA, has raised its main interest rate by 25 basis points in line with the US Federal Reserve to counter inflation.

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