Articles
Majid Al Futtaim reports half-year loss as value of properties falls
Company manages to continue top-line growth 'despite challenging market conditions'
Work starts on new economic city in Oman
Khazaen Economic City is looking to attract investors in industrial and logistics sectors
Slowing global growth to hit investment banks' profits
Moody's downgrades outlook for the sector, stating profitability 'may have peaked for this economic cycle'
DP World reports 27% first half profit rise on higher sales
Ports operator continues to diversify its revenue mix despite uncertain trade environment
CEO of Gulf Marine Services departs as company issues profit warning
Offshore oilfield contractor expects earnings to be lower than last year but eyes higher fleet utilisation next year
Five Dubai FinTech start-ups graduate from sandbox
Emirates NBD and FinTech Hive work with start-ups to help them build more robust services
Egypt's improving economy helps government cut deficit
Deficit set to narrow to 7.2 per cent of GDP this year on the back of higher revenue
Arabian Gulf debt issuance hits new record in second quarter
Governments and corporations issue $40 billion worth of debt in the three months to June 30
Egyptian solar projects worth $140m begin operations
Elsewedy Electric and EDF Renewables joint venture gains funding for projects from development banks
Dubai's Emaar buys remaining 35% of resort developer Mirage: exclusive
Company bought an initial 65% stake in Mirage for Dh123.5m in 2015
Dubai reports rise in first-half tourist numbers
Increase in visitors from China, Oman and the Philippines offsets decline in numbers from India and UK
Ireland's economy buoyant but Brexit remains a threat
Moody's forecasts GDP growth of 4 per cent in 2019 and 3 per cent in 2020
Network International to receive $35m MasterCard injection
Payments processor says it is also making strides into Saudi Arabian market
Boeing 737 Max grounding forces Norwegian to cut six routes
Airline had leased replacement planes since March but is now abandoning routes it says are 'no longer commercially viable'
Amanat Holdings' profit rises in second quarter
Chief executive says company will 'continue to evaluate additional investment opportunities'
