Articles
Dubai developer Deyaar more than doubles Q1 net profit
Company says revenue grew 'significantly' over the past few months due to progress on developments
Adnoc's logistics and shipping unit aims to list 15% stake on ADX
It will be the second initial public offering of an Adnoc business this year, following the listing of Adnoc Gas in March
UAE and Thailand to start Cepa negotiations this month
Non-oil trade between the two countries rose by 21% annually to $6.1bn last year
Dubai's non-oil economy hits eight-month high on sales and order boost
Business conditions improved at one of the fastest rates since mid-2019 amid momentum in the travel and tourism sector
Oil prices surge as economic slowdown fears ease
Strong US jobs report last week allayed concerns of a recession in world's largest economy
Saudi Arabia posts deficit in Q1 as diversification spending rises
Non-oil revenue rose sharply during the three-month period
ADGM expansion to create one of world's largest financial districts
Decision increases jurisdiction to include Reem Island
Saudi's PIF signs initial agreement to buy stake in paper company Mepco
Sovereign wealth fund is boosting local investments as part of kingdom's Vision 2030 agenda
AD Ports Group to expand Khalifa Port to include drydock services
President Sheikh Mohamed inaugurated $1bn port expansion project in December
Rasmala launches $2bn UK property strategy
Five-year plan aimed at GCC clients involves Sharia-compliant investment vehicle
Multiply Group aims to expand and considers IPOs for some units
Abu Dhabi company is seeking opportunities in India, the US and the UAE, chief executive says
Apple and Google submit proposal to combat misuse of Bluetooth location-tracking devices
Specification will allow devices to be compatible with unauthorised tracking detection and alerts across iOS and Android platforms
Global Islamic finance industry to grow 10% despite economic slowdown
GCC countries, mainly Saudi Arabia and Kuwait, largely fuelled strong growth in the sector in 2022, S&P says
How Yodawy is using tech to simplify the patient experience
Egyptian pharmaceutical benefits manager aims to expand to the GCC this year
Global IP company OpSec to list on Nasdaq through Investcorp deal
The pro forma enterprise value of the combined company is approximately $426 million
