back to top

Market

Dubai real estate sector sees $38 billion of sales in Q1

The latest data from fäm Properties shows that the Q1 figures came close to the all-time record of AED147.2 billion posted in Q4 2024,...

Businesses hold back hiring as UAE job creation hits three-year low

Most companies are opting to maintain existing workforce levels, with subdued demand growth and global market shifts prompting a cautious approach. The latest Purchasing Managers...

Nama attracts Samsung and ACWA for 2,400 MW projects in Oman

Oman’s Nama Power & Water Procurement Company has received competitive bids from 12 major global and regional developers for its strategic Independent Power Projects...

Boycott bites

In recent times, Western brands have found themselves navigating turbulent waters in several Arab countries, with Egypt and Jordan leading the charge against perceived...

Branding brilliance

In modern geopolitics, nations have evolved into more than mere geographic entities; they are now powerful brands competing for global attention and influence. Embracing...

Building the dreams

In the dynamic landscape of the Middle East, Oman stands testament to relentless economic growth and development. What lies at the heart of the...

GCC investors eye UK residential sector amid demographic shifts

According to Rashid Khan-Gandapur, Director of Real Estate Finance at BLME, investors from the GCC are increasingly looking to diversify their portfolios by investing...

Foreign investors offload nearly $1 billion in Indian equities post-budget tax hike

Foreign portfolio investors (FPIs) have offloaded approximately 81.06 billion rupees ($968 million) in Indian equities due to the government's budgetary changes, which increased taxes...

Qatar Airways hikes 777-9 agreement to include another 20 jets

Farnborough, UK – On the second day of the Farnborough International Airshow 2024, the World’s Best Airline announced that its significant order of Boeing...

India ranks third globally in forest area gains: FAO Report

A new report by the Food and Agriculture Organisation (FAO), released on July 22, reveals that India has substantially expanded its forest cover, adding...

IRENA warns global renewable energy growth lagging behind 2030 targets

The International Renewable Energy Agency (IRENA) has issued a stark warning: the current pace of renewable energy growth is insufficient to meet the ambitious global targets set for 2030.

Don't miss

National Life and General Insurance Company: Delivering value beyond insurance to customers

Oman’s largest insurer NLGIC is on course to become a regional multi-line, multi-country giant delivering value beyond insurance to the customers.

AI central to UAE’s economic diversification, says COP28 President-Designate

AI will contribute to the UAE’s net zero strategic initiative by 2050 and help unlock advances in climate progress, says H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology.

Economic growth in GCC to more than halve in 2023: World Bank report

However, the GCC growth will still outperform the wider Middle East and North Africa region, forecast to grow by 3% in 2023, down from 5.8% growth in 2022.

KitchenomiKs aims to transform on-demand food economy in Oman

KitchenomiKs cooks up dainty on-demand delicacies, tossing in emerging technologies, yummy multi-brand choices and seamless delivery.

Real estate sector in GCC experiencing ‘profound transformation’: Expert

The real estate sector in the GCC region is...
spot_img