Articles
GCC consulting market records fastest growth in seven years
Growth last year followed a contraction for the first time in 2020
Abu Dhabi's IHC more than doubles Q1 net profit
Revenue during the period rose more than fourfold to $2.85bn
Opec+ sticks to June output plan as oil prices continue to rise
The 23-member super group of producers will continue to add 432,000 barrels per day of crude to the market in June
GCC central banks raise interest rates after US Federal Reserve move to curb inflation
Consumer prices in the world's largest economy rose 8.5 per cent in March
UAE raises interest rates in line with Fed's biggest move in two decades
Fed's move to raise its key rate by half a percentage point is its second in less than three months
Emirates reveals new A380 livery featuring Dubai's Museum of the Future
The seven-storey museum opened its doors to the public in February
Stellantis acquires Mercedes and BMW's car-sharing business
The deal aims to expand the reach and boost profitability of Free2move mobility division
Generation Start-up: how Altibbi is bringing health care to the home
The company, which has raised $52.5m in funding so far, is hoping to launch an IPO in the near future
Dubai to launch $100m VC finance fund to support start-ups
The fund, to be launched in June, aims to support emirate's FinTech ambitions to promote economic growth
ADIB's first-quarter net income up 18% on lower impairment charges and higher revenue
Rate hikes this year are expected to boost the bank's bottom line, CFO says
UAE and Turkey begin CEPA trade deal talks
The agreement is expected to double trade between the countries from $13.7 billion at present
ADCB's first-quarter net profit jumps 32% on lower impairment charges
Abu Dhabi lender's income from net fees and commission also grew 10% due to a significant increase in trade finance commission
UAE and Indonesia export credit agencies team up to boost bilateral trade
State-owned entities will help domestic companies in the countries to expand overseas
Moody's revises Bahrain's outlook to stable on high oil prices and fiscal reform
The Gulf country's economy is projected to grow 3.3 per cent this year and 3 per cent in 2023, according to the IMF
Libya's NOC shuts another oil port and warns of 'serious damage' to sector
State company has been forced into closures in the last week due to political protests
