Saudi Arabia’s national airline SAUDIA, carried 5.1 million guests in the first quarter of 2022, representing a 75 percent increase in travelers compared to the corresponding...
Dubai’s central air conditioning provider Empower will float publicly soon, but not in the first quarter of 2022, Dubai Electricity and Water Authority’s (DEWA) CEO said...
Carmaker Stellantis said on Tuesday it was suspending production at its Russian plant due to logistical difficulties and sanctions imposed on Moscow. The world’s fourth-largest automaker,...
The Jeddah-based Islamic Development Bank has hired a group of banks to arrange the sale of five-year US dollar-denominated sukuk, or Islamic bonds, a document showed...
OPEC+ produced 1.45 mln barrels per day (bpd) below its production targets in March, as Russian output began to decline following sanctions imposed by the West,...
Snap Inc., parent company of social media platform Snapchat, has launched the Middle East and North Africa region’s first-ever Augmented Reality-powered virtual mall for the month...
National Bank of Kuwait, the country’s biggest lender, reported on Tuesday a first quarter profit of $381.79 million (116.6 million dinars), a 38 percent annual rise...
Debt accumulated by businesses and individuals worldwide could slow economic recoveries from the pandemic crisis, the IMF warned Monday. Governments took exceptional measures to support their...
Dubai Electricity and Water Authority (DEWA) electric vehicle (EV) chargers have powered around 58 million kilometers of driving since 2015, according to the Emirates News Agency...
All prominent cryptocurrency organizations are probably being targeted by North Korean hackers and should strengthen their cybersecurity, according to the founder of a crypto fund. North...