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
FeaturedReal EstateSaudi house completion rate increases by 4.3% in 2020Pritam BordoloiApril 14, 2021 by Pritam BordoloiApril 14, 2021 Around 344,553 units were completed last year... Read more
AviationFeaturedGulf Air flew its first transcontinental lower emissions Boeing 787-9Pritam BordoloiApril 13, 2021 by Pritam BordoloiApril 13, 2021 The flight was operated using Sustainable Aviation Fuel... Read more
FeaturedFinanceMENA startups raise $170 mn in the first quarterWebAdminApril 9, 2021 by WebAdminApril 9, 2021 UAE, Egypt and Saudi completed 125 deals worth $396 mn in the first quarter of 2021... Read more
Business LeadersFeaturedGoldman Sachs hires new head for private wealth management unit in MENAPritam BordoloiApril 8, 2021 by Pritam BordoloiApril 8, 2021 Goldman Sachs has hired ex-UBS Group banker Gabriel Aractingi... Read more
FeaturedTechnologyDubai Economy and DIFC sign agreement to expand UAE KYC Blockchain ConsortiumPritam BordoloiApril 7, 2021 by Pritam BordoloiApril 7, 2021 The agreement positions the consortium as the national corporate eKYC platform... Read more