AviationFeaturedMideast aviation suffers new hit as passenger demand plunges to 82.9% in AprilWebAdminJune 10, 2021 by WebAdminJune 10, 2021 The passenger traffic was down by 87.3 percent, compared to the numbers of 2019... Read more
EnergyFeaturedOman LNG and Shell to deliver the Sultanate’s first carbon-neutral LNG cargoWebAdminJune 9, 2021 by WebAdminJune 9, 2021 The first carbon-neutral liquefied natural gas (LNG) cargo will be delivered to the Middle East from Oman LNG’s export facility in Qalhat, Sur... Read more
FeaturedReal EstateProperty sales surge by 250% during the first five months of 2021: EmaarWebAdminJune 7, 2021 by WebAdminJune 7, 2021 The developer also mentioned that the total sales reached up to Dh10.5 bn, compared to Dh3 bn recorded the previous year... Read more
EconomyFeaturedUAE’s economy to recover to pre-Covid-19 levels by 2024: Moody’sWebAdminMay 27, 2021 by WebAdminMay 27, 2021 The credit rating agency rated the UAE’s credit profile as Aa2 stable in its annual credit analysis... Read more
BankingFeaturedKuwait banking sector releases financial reports for Q1WebAdminMay 24, 2021May 24, 2021 by WebAdminMay 24, 2021May 24, 2021 The banking sector has been able to overcome the effects of Covid-19 because of the 43 measures taken by the Central bank of Kuwait... Read more
EconomyFeaturedSaudi Arabia’s inflation rate increases in April to 5.3%WebAdminMay 24, 2021 by WebAdminMay 24, 2021 The increase is primarily due to the rise in food and transport prices... Read more
FeaturedReal EstateGlobal real estate transactions slumps 13% y-o-y in Q1 21Pritam BordoloiMay 21, 2021 by Pritam BordoloiMay 21, 2021 The sector recorded transactions worth $187 bn during the first three months of 2021... Read more
FeaturedReal EstateBahrain’s property transaction swells up in Q1WebAdminMay 20, 2021 by WebAdminMay 20, 2021 Post pandemic, Bahrain’s real estate transactions rose by 36% in Q1 2021 reaching $600 mn... Read more
FeaturedHealthcareUK medtech Nemaura Medicals mulls Middle East expansionWebAdminMay 17, 2021 by WebAdminMay 17, 2021 The sugarBEAT device comes with continuous glucose monitoring and offers a welcome respite to people suffering from diabetes who want to avoid needles... Read more
EnergyFeaturedMiddle East renewable energy growth slows down in 2020: IRENAPritam BordoloiMay 12, 2021 by Pritam BordoloiMay 12, 2021 Total renewables capacity of the Middle East stood at 24,224MW in 2020... Read more