Leading stories of the day
Arabian Post Staff Emirates group announced record profits in its 2022-23 annual report, along with a complete turnaround from its loss position last year. Both Emirates and dnata saw significant revenue increases in 2022-23…
Arabian Post Staff Emirates Airline and Etihad Airways have signed a Memorandum of Understanding (MoU) to expand their interline agreement and…
Arabian Post Staff UAE Etisalat reported consolidated revenues of AED 13.0 billion by e& in the first quarter of 2023. At…
MENA consumer technology holding group Astra Tech has announced the launch of Botim 3.0, the world’s first “Ultra app”. The term…
Arabian Post Staff GE has announced the signing of a Memorandum of Understanding (MoU) with the UAE Independent Climate Change Accelerators…
Arabian Post Staff Container traders and shipping companies in the region are reaping the benefits of lower rates and enhanced governmental…
Arabian Post Staff The introduction of a new tax regime in the UAE has significant implications for businesses operating in the…
Arabian Post Staff The European Parliament has endorsed the world’s first legislative framework intended to govern the burgeoning cryptocurrency sector. The…
Arabian Post Staff Dubai Airport, the world’s busiest international airport, is leading the way in innovative technologies that are revolutionizing the…
Bybit, the world’s third most visited crypto exchange with 15 million users worldwide, announced the grand opening of its global headquarters…
China Petroleum & Chemical Corporation (Sinopec) has signed an equity participation agreement with QatarEnergy to take 1.25 percent shares in Qatar’s…
Arabian Post Staff The IMF announced in the World Economic Outlook’s press briefing that the baseline forecast for global output growth…
Arabian Post Staff QNB net profit for the three months ended 31 March 2023 reached QAR3.9 billion (USD1.1 billion), an increase…
Arabian Post Staff National Bonds, the UAE’s Shari’a-compliant savings and investment company, saw another strong year soaring to an investment portfolio…
Arabian Post Staff Dubai recorded 88 home sales above US$10m hit AED 6 billion during Q1, according to the latest analysis…
Arabian Post Staff The promoters of Aster DM Healthcare have increased their shareholding in the India listed company by 4% from…
By Saifur Rahman Riyadh Air, the new Saudi Arabian carrier launched by the Public Investment Fund (PIF), said it will buy…
By Saifur Rahman A new airline, Riyadh Air, will soon take off to realise Saudi Arabia’s Vision 2030, it was announced…
Arabian Post Staff The real estate market in Dubai saw a surge in off-plan property sales in February 2023. According to…
By Saifur Rahman More than half of the UAE’s active businesses are registered with various licensing authorities in Dubai, including Dubai…
Arabian Post Staff CrowdStrike (Nasdaq: CRWD), today announced the release of 2023 CrowdStrike Global Threat Report – the ninth annual…
Arabian Post Staff A white paper on digital payments titled ‘What’s Next for Digital Payments in the Middle East and North…
Arabian Post Staff Dubai International (DXB) has registered a year of strong recovery and consistently robust growth in its customer base…
Abu Dhabi’s office and industrial markets are showing signs of growth, with a rebound in rents already underway, according to real…
The economy of the oil-rich Abu Dhabi, which has proven crude oil reserve of 97 billion barrels, has recorded 10.5 percent…
By Saifur Rahman Dubai emirate’s state-owned utility, Dubai Electricity and Water Authority (DEWA), reported a Dh11.1 billion standalone net profit that…
By Saifur Rahman The International Monetary Fund (IMF) this week approved a 42-month credit line of US$4.7 billion including US$3.3 billion…
Arabian Post Staff Grant Thornton and its Asset Recovery Fund (ARF) announced the purchase of a AED 1.3 billion (US$ 357m)…