AviationFeaturedQatar Airways signs codeshare agreement with Air CanadaInternational Finance Business DeskNovember 20, 2020 by International Finance Business DeskNovember 20, 2020 The first codeshare flight will operate on December 15, 2020... Read more
FeaturedReal EstateAldar Properties to build $256.13 mn residential communityInternational Finance Business DeskNovember 20, 2020 by International Finance Business DeskNovember 20, 2020 The community is located in the iconic Yas Island and in close proximity to Aldar’s flagship Yas Acres... Read more
AviationFeaturedBoeing anticipates demand for 2,945 new airplanes in MEInternational Finance Business DeskNovember 19, 2020 by International Finance Business DeskNovember 19, 2020 Passenger traffic growth is projected to increase by 4.3% per year for the next two decades... Read more
EconomyFeaturedDubai-Oman bilateral trade reached Dh14.85 bn in H1WebAdminNovember 18, 2020 by WebAdminNovember 18, 2020 Bilateral trade jumped 8.4 percent to hit Dh 37.85 billion last year... Read more
FeaturedOil & GasOman’s crude oil price in September average $47.2 per barrelWebAdminNovember 9, 2020 by WebAdminNovember 9, 2020 The Sultanate’s total oil production stood at 261.10 mn barrels for the first nine month of 2020... Read more
FeaturedReal EstateBahrain real estate to remain subdued for 12 months: SavillsInternational Finance Business DeskNovember 5, 2020 by International Finance Business DeskNovember 5, 2020 Residential rents in Bahrain are facing further downward pressure as supply outstrips demand... Read more
EconomyFeaturedOman plans to increase government revenue to OMR12 bn by 2024Pritam BordoloiNovember 4, 2020 by Pritam BordoloiNovember 4, 2020 The plan is a part of Oman’s National Plan for Fiscal Balance 2020-2024... Read more
FeaturedWealth ManagementUBS forays into wealth management in QatarPritam BordoloiNovember 4, 2020 by Pritam BordoloiNovember 4, 2020 UBS signed a MoU with the country’s Investment Promotion Agency... Read more
FeaturedOil & GasIraq’s rising oil exports to 2.8 mn bpd shows optimismPritam BordoloiNovember 2, 2020November 2, 2020 by Pritam BordoloiNovember 2, 2020November 2, 2020 The country had exported 2.613 million bpd of oil and its revenue had reached $3.43 billion in September... Read more
EnergyFeaturedMubadala sells 39% stake in Borealis to OMV for $4.68 bnPritam BordoloiOctober 30, 2020October 30, 2020 by Pritam BordoloiOctober 30, 2020October 30, 2020 The company currently holds a 25 percent stake in Borealis and the stake sale is in line with all regulatory requirements... Read more