Merger of NCB and Samba creates ‘national champion and regional powerhouse’
DUBAI: Two of Saudi Arabia’s biggest banks signed a deal on Sunday for a merger to create a “national champion” for the Kingdom and a “regional powerhouse” for the...
Experts will produce research studies and by-invitation roundtable discussions and policy briefings would be held at the new unit
RIYADH: Arab News, the Middle East’s leading English-language daily, has announced the establishment of a new Research and Studies Unit (RSU)...
Blackstone's last-mile logistics real estate unit Mileway acquires the seven-asset portfolio
Bahrain-listed alternative investment management firm Investcorp completed the sale of a portfolio of seven industrial real estate assets in the UK to Mileway, a pan-European last-mile logistics real estate...
Weaker carriers are likely to exit the market with possibly more regulation setting into the industry post the pandemic
The airline industry will see a revival of local and regional travel before long-haul routes rebound, in line with International Air...
Tie-up will create the third-largest bank in the Arab world, with $223bn in assets
National Commercial Bank, Saudi Arabia’s biggest lender, agreed to merge with Samba Financial Group in a deal that will create the Arab world’s third-biggest banking entity...
Tax registrants have until October 31 to register with the new platform
The Federal Tax Authority of the UAE on Monday introduced a new version of the eDirham system in an effort to collect tax payments without interruption.
UAE tax registrants...
This four-bedroom home at The Nest is a sanctuary that looks out to a forest
There is no doubt that the UAE is home to some spectacular properties. From penthouse apartments to plush villas with sprawling gardens and incredible pools,...
Al Ahsa is home to more than 2.5 million palm trees and is the largest self-contained oasis in the world
Towering palm trunks and the sound of rushing water are two constants in what is now officially the world's largest...
Wildly stunning surrounds and sun-drenched stays await at these cut-price island hideaways
Having reopened to tourists in July, the Maldives is attempting to lure travellers back to its shores by offering socially distanced stays coupled with cut-price room rates.
Across the...
Officials said some jobseekers stayed on beyond the amnesty in the hope of finding work
Embassies on Sunday urged their citizens to ensure their UAE residency visas were valid, because the grace period to renew had ended.
Officials said some people...
A widespread Outlook and Teams disruption hit Thursday, leaving many organisations unable to access email. Industry voices highlight the risks of centralized cloud services and urge robust contingency measures.
Mahfooz Kamal, a young vocalist from Thrissur, has secured first place in a UAE‑based Mappilappattu competition while maintaining a sales role in Dubai. His achievements add to a series of state‑level titles earned since 2016.
GFH announced a target to increase managed assets to $50 billion within three years, driven by strategic acquisitions. The group also plans to acquire a controlling share in Al Saif Real Estate and consider a Saudi market listing.
The sixth Gulf cyber exercise took place in Bahrain, bringing together cybersecurity experts from five GCC countries. Leaders highlighted the importance of coordinated training and skill development.
Rohit Sharma surprised a live audience by using Malayalam on his “Family Full House” program, naming Sanju Samson as his favourite “Chetta.” The exchange sparked applause as the duo prepares for the ongoing ODI series in New Zealand.