Saudi Arabia’s economy contracts by 3.3% in Q1
The overall GDP was further affected by a 12% decline in ongoing crude oil production cuts...
Tag : Middle East
Saudi insurance sector records 2.3% growth amid the pandemic: SAMA
Despite facing the difficulties of the pandemic, the insurance sector continued to perform positively while maintaining the safety of its clients...
Residential capital values in Dubai increases by an average of 1.2% in April
by WebAdmin
This is the highest monthly increase in seven years...
Dubai-based logistics giant Aramex names new chief
Aramex appoints Othman Aljeda as the new chief executive officer...
Qatar Airways eyes stake in India’s largest domestic carrier: Group CEO
Qatar Airways currently has a codeshare agreement with IndiGo...
Abu Dhabi sees real estate transactions worth Dh11.5 bn during Q1 21
by WebAdmin
Around 3,847 deals were completed during the period...
Global Islamic Finance to grow by 12% in 2021-22: S&P
The growth will be driven by increased sukuk issuance in key markets...
MENA IT spending to reach $171 bn in 2021
Businesses in the region are likely to spend $7.6 bn more on IT this year...
Iraq to finalise sale of Exxon’s stake in the West Qurna-1 oil field by June
Exxon to sell its 32.7% stake in the oilfield...