
Saudi 2020 budget deficit rises steeply
By Arabian Post Staff Saudi Arabia has unveiled a 2020 budget that projects a budget deficit of 6.4 percent of GDP. This is much higher than the figure for 2019, which was estimated at…
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By Arabian Post Staff Saudi Arabia has unveiled a 2020 budget that projects a budget deficit of 6.4 percent of GDP. This is much higher than the figure for 2019, which was estimated at…

By Arabian Post Staff A surge in arrivals over the summer months accelerated Dubai’s tourism momentum, as the city welcomed 12.08…

Airbus celebrates 10-years of partnership with Strata shaping the UAE’s aerospace industry, highlighting key milestones achieved with the UAE-based manufacturer throughout…

By Arabian Post Staff Boeing and Emirates announced they have finalized a purchase agreement for 30 787-9 Dreamliner airplanes, valued at…

By Arabian Post Staff More than US$500 billion (Dh1.8 trillion) worth of family wealth will be passed on to the next…

By Arabian Post Staff Emirates placed a firm order for 50 A350-900 XWB aircraft worth US$16 billion (Dh58.7 billion) at list…

By Arabian Post Staff Air Arabia, the Middle East and North Africa’s first and largest low cost carrier, has signed a…

By Arabian Post Staff The changing landscape of the US$360 trillion (Dh1,321 trillion) global wealth is now more than four times…

By Arabian Post Staff Emaar Properties recorded robust increase in net profit by 20 per cent during the third quarter (July…

By Arabian Post Staff Air Arabia announced a record net profit of AED 471 million for the three months ending September…

By Saifur Rahman Dubai: Emirates Group, which includes Emirates Airline and its ground handling and ticketing arm Dnata, reported an 8 percent…

Beirut, Lebanon (CNN)-Lebanon is on the verge of economic collapse unless an “immediate solution” can be found to end days of nationwide…

Ren Zhengfei, founder and CEO of Huawei recently met with a contingent of media from across the Middle East and North…

Bahrain has been ranked among the top-10 most improved economies in the world in this year’s Doing Business 2020 report, up…

Continuing from the previous quarter, average sales prices and rents softened across most communities in Dubai in the third quarter of…

By Arabian Post Staff Dubai International Financial Centre (DIFC) has announced a 45 percent growth in the Islamic assets being managed…

By Arabian Post Staff Abu Dhabi announced the establishment of the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), the first…

By Arabian Post Staff Bahrain’s Al Waha Fund of Funds has announced a substantial investment in Beijing-based MSA Capital – its first…

The downward price corrections witnessed in Q2 2019 in the Abu Dhabi real estate sector appear have to slowed in Q3,…

By Arjavi Indraneesh It is a no-brainer that when there is an increase in digital payments, a proportionate rise in fraud…

By Arabian Post Staff DP World has announced a partnership with Zhejiang China Commodity City Group Company LTD (CCC) to develop…

By Arabian Post Staff The Dubai Gold & Commodities Exchange (DGCX) and the Multi Derivatives Exchange Nepal (MDX), a proposed derivatives…

Arabian Post Staff A UAE bid to become a globally recognized internet security watchdog, empowered to certify the safety of websites…

By Arabian Post Staff The return of Qatari and Saudi Arabian issuers to the market and high levels of liquidity in…

By Saifur Rahman Dubai Islamic Bank (DIB), the UAE’s first and largest Islamic lender, said, is set to acquire Noor Bank,…

By Arabian Post Staff ENOC Group has secured a five-year US$690 million term loan from a Chinese consortium of banks as…

Arabian Post Staff Saudi Arabia’s economy is expected to pick up in 2019 but a global economic slowdown and its potential…

By Saifur Rahman The oil-rich Gulf countries have started to introduce permanent residency to wealthy foreigners in order to retain the…