Gulf economies can take a slower growth in global oil demand in its stride
The latest forecasts from OPEC (Organisation of Petroleum Exporting Countries) have confirmed what we said two weeks ago - that the worst phase for the oil...
Many of them can barely make ends meet, but they say they can’t go back home either
Dubai: Ever wondered how some UAE residents are living their lives in the emirates with no jobs or source of income? Well, many...
Global growth forecast has been slightly revised upwards.
The International Monetary Fund (IMF) on Tuesday further revised down the UAE's economic growth forecast, projecting a 6.6 per cent contraction for this year and a recovery of 1.3 per cent for...
Flights were dues to start in October, but were slated because of COVID-19 numbers rising
The air link announced after the two states signed the deal at the White House last month aims to open up tourism and new business...
US producers begin restoring output after Hurricane Delta; Norwegian strike affecting production ends
LONDON: Oil prices fell on Monday as force majeure at Libya’s largest oilfield was lifted, a Norwegian strike affecting production ended and US producers began restoring output...
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...
Gold prices in the UAE are calculated based on several factors. The price of gold per gram in the UAE can fluctuate constantly due to market conditions.
