FeaturedReal EstateAbu Dhabi sees real estate transactions worth Dh11.5 bn during Q1 21WebAdminMay 4, 2021May 4, 2021 by WebAdminMay 4, 2021May 4, 2021 Around 3,847 deals were completed during the period... Read more
FeaturedIslamic FinanceGlobal Islamic Finance to grow by 12% in 2021-22: S&PPritam BordoloiMay 4, 2021 by Pritam BordoloiMay 4, 2021 The growth will be driven by increased sukuk issuance in key markets... Read more
FeaturedTechnologyMENA IT spending to reach $171 bn in 2021Pritam BordoloiApril 27, 2021 by Pritam BordoloiApril 27, 2021 Businesses in the region are likely to spend $7.6 bn more on IT this year... Read more
FeaturedTelecomEtisalat, Nokia expand 5G coverage in the UAEWebAdminApril 26, 2021 by WebAdminApril 26, 2021 The partnership sees Nokia deploy its AirScale radio platform, based on 3GPP 5G New Radio (NR) standards... Read more
FeaturedOil & GasIraq to finalise sale of Exxon’s stake in the West Qurna-1 oil field by JunePritam BordoloiApril 23, 2021 by Pritam BordoloiApril 23, 2021 Exxon to sell its 32.7% stake in the oilfield... Read more
AviationFeaturedMiddle Eastern carriers to lose $4.2 bn this year: IATAPritam BordoloiApril 22, 2021April 23, 2021 by Pritam BordoloiApril 22, 2021April 23, 2021 IATA said that net profit margin for the carriers will fall by 13.8%... Read more
FeaturedFinanceSaudi Payments launches instant payment system ‘sarie’WebAdminApril 22, 2021 by WebAdminApril 22, 2021 It is being launched in cooperation with IBM and Mastercard... Read more
EnergyFeaturedOman to establish the world’s first solar-powered Direct Air Capture projectWebAdminApril 21, 2021 by WebAdminApril 21, 2021 The project will capture CO2 from the atmosphere for eventual utilisation in industrial applications... Read more
FeaturedReal EstateResidential capital values in Dubai drops 11% in Q1 2021WebAdminApril 19, 2021 by WebAdminApril 19, 2021 The residential VPI showed an average quarterly improvement of 0.8%... Read more
EnergyFeaturedBahrain to supply electricity to Europe in winterPritam BordoloiApril 16, 2021 by Pritam BordoloiApril 16, 2021 Dr Abdulhussain Mirza said the plan could help meet Europe’s peak demand in winter on a ‘barter basis’... Read more