Timilehin Adejumobi
Dubai-based DMCC is a top freezone and a leading trade and enterprise hub for commodities.
MENA
Financial issuers accounted for 67% of proceeds raised during the year, while Government & Agency issuers accounted...
Al Balushi revealed that this value represents 20% nearly of the fund’s total existing investments, highlighting that the...
This points to a rapidly developing digital ecosystem that allows government agencies, established companies and start-ups to...
According to Knight Frank’s Bahrain real estate market review, the kingdom’s Vision 2030 has contributed to business...
The joint venture "will license component technology from BMW for use in the vehicle development process," PIF...
Proceeds raised by companies in the region increased 166% compared to the first nine months of 2021,...
The economies of the Middle East and North Africa (MENA) region are forecast to grow by 5.5%...
"In Turkey and Egypt, fluctuating cryptocurrency prices have coincided with rapid fiat (traditional) currency devaluations, strengthening the...
Kuwait Oil Company aims to increase natural gas production to meet local demand – acting CEO
1 min read
News OTG Editorials
The move is in line with plans to meet rising demand amid the strong recovery experienced in...
The index is based on five main indicators.
The IPO, which opens for subscription today, will offer 1.5 billion shares, which represents 20% of the...
Dubai Diamond Exchange sees trade worth $19.8 billion in first half of year -DMCC Chairman
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Dubai has grown its diamond industry by leveraging its proximity to Africa and Russia, where many diamonds...
It also approved the issuance of 75,000 additional Tier 1 capital instruments in the form of perpetual...
As of June this year, apartment rent increases in the Gulf state accelerated by more than 30%...
UAE-based AI and cloud computing company G42 has launched a $10 billion technology growth fund to focus...
The project is expected to achieve financial close by the end of 2023 and be fully commissioned...
Kingdom's total investments amounted to SAR 4.33 billion ($1.15 billion) in 2020, SAR 3.75 billion ($1 billion)...
A total of 326 plots were sold for AED1.64 billion ($446.5 million), while 1,567 apartments and villas...
The emirate has also posted a 26 percent growth in exports to nearly AED49.5 billion ($13.47 billion),...
Comparing year-on-year performance, the total sales transaction volume jumped 63.56% over July 2021, at 41.16% compared to...
Retail spending grew 16% while there was a 31% growth in non-retail sectors, it added. In the...
The country recorded an 89 percent increase in oil revenue year-on-year from Q2 2021 to Q2 2022,...
The four Grade A commercial towers are located in Abu Dhabi Global Market (ADGM), the international financial...
At least 2,509 transactions for plots and residential units valued at AED10.9 billion ($2.96 billion) were registered...
Dubai's villa properties posted a moderate monthly growth rate of 1.7 percent in capital values last June....
Heathrow told airlines this week to stop selling some tickets for summer flights, limiting the total number...
The decisions on production would be made in coordination with members of OPEC and the OPEC+ group.
The seasonally adjusted S&P Global Dubai Purchasing Managers' Index (PMI) rose to 56.1 in June from 55.7...
The president of the United Arab Emirates said on Wednesday the Gulf OPEC producer would continue to...
The city's financial services sector alone attracted 58 FDI projects worth $252.2 million and generated around 1,432...
