Dubai’s property market undervalued, UBS report says
Increased oil prices and the economic rebound has supported the country’s recovery...
Middle East
Ericsson ties up with Mobily to provide financial services in Saudi Arabia
The Swedish company aims to increase Saudi Arabia’s cashless payments to 70%...
UAE-based renewable energy firm Masdar to develop 5 solar projects in Iraq
The first phase of the project will include the generation of 1,000...
Oman’s GDP increases by 10.1% to reach OMR15.3 bn market price during Q2 2021
The petroleum sector also registered an increase of 8.7%...
Dubai’s non-oil foreign trade increases by 31% during H1 2021
Dubai’s biggest trading partner was China followed by India and the US...
Gulf region to invest over $70 bn in digital infrastructure by 2024
Spending in Saudi Arabia was expected to exceed $37 bn in 2020...
Huawei to invest $15 mn in the Middle East cloud computing program
The project is titled Cloud Oasis Program and will assist 3000 experts...
Emirates to hire 3,000 cabin crew and 500 airport staff over the next six months
The latest hire is a part of its plans to ramp up...
Saudi Real Estate raises $426.4 mn to finance Saudi Vision 2030 projects
The funds will be raised with the help of priority rights issues...
Saudi Arabia’s ACWA Power aims to raise $1.2 bn in IPO
The company plans to issue 85.3 mn shares that represents 11.67% of...