Wednesday, July 30, 2025

Finance

ADNOC launches trading arm for refined products in joint venture with Eni, OMV

Dubai: The Abu Dhabi National Oil Co. (ADNOC) has launched its second trading entity, in a joint venture with energy giants Eni and OMV. The Abu Dhabi entity will have 65 per cent in ADNOC Global Trading, which will...

Etisalat has just hit world’s fastest 5G download speed

Dubai: Speed matters with 5G - and Etisalat has gone ahead and done just that with the world's fastest download speed of 9.1 gigabits per second. "This 5G ultra-wideband game-changing download speed is the fastest," said Saeed Al Zarouni, Senior...

Dubai launches online payments platform for ‘under-banked’ merchants

Dubai: Dubai has launched a payment platform that will bring on board 'under-banked' merchants or even those who don't have such banking facilities. They will now be able to engage in cashless transactions via the Unified Payments Network (UPN),...

Egyptian workers’ remittances up to $8 billion in July-September quarter

DUBAI: Money sent home by Egyptian expatriate workers rose by 19 percent to $8 billion in the July to September quarter, from $6.7 billion of the same period last year. Remittances meanwhile increased to $2.7 billion from $2.3 billion in...

Saudi Arabia has over 9,500 factories: ministry

Saudi Arabia is home to 9,563 factories with an aggregate capital of $289.6 billion (SR1.086 trillion), said the Ministry of Industry and Mineral Resources. These factories contribute to the achievement of comprehensive industrial development, as they play a key role...

Saudi insurance sector to see more mergers in 2021: SAMA official

Saudi Arabia’s insurance sector is expected to witness more mergers in 2021, Al-Arabiya TV reported, citing Abdullah Al Towaijri, Head of Insurance Companies Control Department at Saudi Central Bank (SAMA). Al Towaijri noted that the insurance sector has reached a...

French digital payments company IDEMIA snaps up Saudi company

Dubai: A digital payment enabling company, IDEMIA, has acquired Pcard, a card personalisation bureau in Saudi Arabia. The former will now be able to offer an "expanded" range of card payment services and solutions to the Kingdom’s banking and...

Indian billionaire B.R. Shetty calls in consultant to help with his business ventures

Dubai: Dr. B.R. Shetty, the Indian billionaire and founder of NMC Healthcare and UAE Exchange, is calling in outside help to restructure his his liabilities and restructure his investment company. The consultancy Duff & Phelps will come up with solutions...

Dubai’s next skyscraper nears half-way mark

Dubai: The Uptown Tower, which will be among Dubai's next lot of super-tall structures, has reached the 153 metre mark - now it has another 187 metres to go to reach the topping up point. Located beside JLT, the ground...

UAE TO PKR: Today 1 UAE Dirham To Pakistan Rupee, 8 December 2020

Today UAE TO PKR exchange rate on, 8 December 2020. AED TO PKR open market rates which are set by the currency exchange dealers of Pakistan (AED TO PKR). UAE TO PKR Rate In Pakistan Here you can find the updated...

Latest News

Visa Update: Now it is easy to work in UAE even while staying on a visit visa, know the important rules and procedures

It is the dream of many people to go to UAE. The most important thing is that there is...

Today Gold Rate in Dubai (UAE) in Dirham, 29th July 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 4,694.68 while 24k Per 10 Gram gold price is AED 4,025.00. Usually people...

Today Gold Rate in Saudi Arabia – 29th July 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 4,805.49 while 24k Per 10 Gram gold price is SAR 4,120.00. Usually...

Today Gold Rate in Qatar – 29th July 2025

Today Gold Rate in Qatar Today Per tola is QAR 4,665.52 while 24k Per 10 Gram gold price is QAR 4,000.00. Usually people opt...

Today Gold Rate in Oman – 29th July 2025

Today Gold Rate in Oman Today Per tola is OMR 489.30 while 24k Per 10 Gram gold price is OMR 419.50. Usually people opt...