NEWS

School break sets price records for Riyadh hotels

Cairo: The current school holiday in Saudi Arabia has significantly boosted occupancy rates at Riyadh hotels, driving prices to unprecedented…

11 months ago

Qatar pulling out of Gaza mediation: Diplomatic source

Doha: Qatar has withdrawn as a key mediator for a Gaza ceasefire and hostage deal and warned Hamas that its…

11 months ago

Dubai Ride: RTA announces Sheikh Zayed Road closure, alternative routes

Dubai : In line with the Dubai Ride public cycling event, the Roads and Transport Authority (RTA) announces the closure…

11 months ago

Kuwait tightens property ownership rules for non-citizens

Dubai: Kuwait has rolled out stricter controls on property ownership for non-citizens, aiming to maintain economic stability in the real…

11 months ago

Kuwaiti court sentences Al Arabi Club President for insulting judiciary

Dubai: The Kuwaiti Misdemeanor Appeals Court has sentenced Alodel Aziz Ashour, President of Al Arabi Club, to three months in…

11 months ago

Over 130 homes lost in California wildfire as winds abate for now

CAMARILLO: Firefighters grappling with a blaze that has destroyed at least 130 homes in California said Friday they had made…

11 months ago

DFM-listed Aramex flies into higher profits as turnaround plan shows results

Dubai: The UAE logistics services firm Aramex lifted its way into higher profits, with the bottom-line swinging into an eye-catching…

11 months ago

Profits for UAE’s Dana Gas slip on lower prices, production impact at Egypt operations

Dubai: Lower gas prices and reduced production at its Egypt operation had a telling effect on ADX-listed Dana Gas' 9-month…

11 months ago

Talabat’s $1 billion IPO in Dubai as soon as next week

Dubai: The initial public offering of Dubai-based food delivery company Talabat looks to be launched as soon as next week,…

11 months ago

Saudi Falcons Club, NEOM partner to protect rare species

Cairo: The Saudi Falcons Club said it had sealed a strategic partnership with NEOM aimed to improve the habitat of…

11 months ago

Kuwait tightens property ownership rules for non-citizens

Dubai: Kuwait has rolled out stricter controls on property ownership for non-citizens, aiming to maintain economic stability in the real…

11 months ago

ADNOC awards Dh720 million contracts for manufacturing in UAE

ABU DHABI: ADNOC today announced the award of contracts valued at Dh720 million ($196.2 million) for local manufacturing of a…

11 months ago

UAE supermarket operator Spinneys hits Dh2.29 billion in 9-month revenues

Dubai: The Dubai headquartered retailer Spinneys ticked all the boxes when it comes to growth for the first nine months…

11 months ago

Donald Trump rides global wave of anti-incumbency

WASHINGTON: Incumbent leaders used to have the edge. In the United States, the power of the Oval Office and glamour…

11 months ago

Saudi Arabia: Citizen nabbed over SR493 million fraud

Cairo: A Saudi man has been arrested for illegally obtaining SR493 million in bank financing in collusion with others, the…

11 months ago

Lebanon MPs demand UN protection of heritage sites from Israel attacks

BEIRUT: More than 100 Lebanese lawmakers appealed to the United Nations on Thursday to ensure the preservation of heritage sites…

11 months ago

Singapore’s Changi Airport to raise flying fees to fund upgrade

Singapore's Changi Airport will charge passengers and airlines more to fly in and out of the city-state to help finance…

11 months ago

Al Ansari Financial Services sees profit drop for 9-month 2024 over ‘significant challenges’

Dubai: Net profit for DFM-listed Al Ansari Financial Services dropped to Dh308.53 million for the first nine months from Dh387.8…

11 months ago

Bitcoin shoots past $75,000 in new high over a Trump return as US President

Dubai: Bitcoin prices have shot past $74,000 as the crypto markets turned in some heavy action as a clearer picture…

11 months ago

UAE’s DFM, ADX join Asian peers in going bullish on a Trump win

Dubai: As expected, the DFM and ADX opened positive in early trades Wednesday (November 6) in much the same way…

11 months ago

Abu Dhabi industrial hub awards Dh7.35b in infrastructure contracts

Dubai: The Abu Dhabi industrial hub Ta’ziz has issued engineering, procurement and construction contracts valued at Dh7.34 billion for site…

11 months ago

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