Saturday, July 19, 2025

Finance

Beirut damage ‘beyond imagination’, says boss of Europe’s largest port

Rene van der Plas says Lebanese gov't must adopt new strategy for port following August 4 explosion The director of Europe's largest port, Rene van der Plas, has urged the Lebanese government to adopt a new strategy that best suits...

UAE investors rush to snap up real estate in ‘safe haven’ London

British capital is attracting Dubai buyers who are looking for a second home to diversify their investments UAE buyers are flocking to the London property market as the UK records its highest ever sales. The British capital is attracting Dubai buyers...

Fed seen holding rates at zero for five-years plus in new policy

The new approach is likely to result a more relaxed view toward inflation Washington: The Federal Reserve looks likely to keep short-term interest rates near zero for five years or possibly more after it adopts a new strategy for carrying...

India’s Dabur sees huge spike in GCC demand for health products amid virus fears

India's Dabur sees huge spike in GCC demand for health products amid virus fears Indian FMCG major Dabur has seen the sale of its immunity booster product Chyawanprash rocketed by 2,000 percent in the GCC market during April-July this year,...

Indian hotel group OYO in talks with UAE, Saudi partners to review agreements

Company says re-thinking 'every aspect' of business in light of Covid-19 impact on global tourism OYO Hotels & Rooms has revealed it is in discussions with partners in the UAE and Saudi Arabia for a review of their tie up...

How one Dubai company is vowing to transform last mile delivery

Premier Logistics partners with Parcelly UK to bring innovative delivery service to the Middle East Dubai-founded logistics service provider Premier Logistics is set to launch a “first of its kind” pick up and drop off (PUDO) service to meet last...

India’s SpiceJet to fly to Heathrow airport from next month

SpiceJet also says that it was in advance discussion to secure slots for the winter schedule for regular operations Indian budget airline SpiceJet has secured slots at London Heathrow airport to operate flights from September 1. “The flight services will be...

Bahrain’s GFH inks deal to hold majority share in Sharia investment firm

Global Banking Corporation offers a range of Sharia compliant investment banking services in Bahrain GFH Financial Group on Monday announced that it has acquired an additional 21.8 percent stake in Global Banking Corporation which offers a range of Sharia compliant...

Bahrain’s Ithmaar Holding reveals 43% drop in H1 profits

Half yearly profits have fallen to $7.40m as a result of Covid-19 economic impact Bahrain-based Ithmaar Holding has revealed a 43 percent decrease in net profit for the first six months of the year, which has been blamed on the...

Radisson to launch six Saudi hotels, eyes giga project openings in kingdom

The total number of hotels in the kingdom, including operational and under development, is set to reach 40 The Middle East remains a key focus for Radisson Hotel Group’s global development strategy, which is expanding its presence in Saudi Arabia...

Latest News

Dubai Metro to extend operating hours from July 20

Dubai's Roads and Transport Authority (RTA) on Friday announced that the Dubai Metro's operating hours will be extended to...

Today Gold Rate in Dubai (UAE) in Dirham, 19th July 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 4,691.77 while 24k Per 10 Gram gold price is AED 4,022.50. Usually people...

Today Gold Rate in Saudi Arabia – 19th July 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 4,828.81 while 24k Per 10 Gram gold price is SAR 4,140.00. Usually...

Today Gold Rate in Qatar – 19th July 2025

Today Gold Rate in Qatar Today Per tola is QAR 4,688.85 while 24k Per 10 Gram gold price is QAR 4,020.00. Usually people opt...

Today Gold Rate in Oman – 19th July 2025

Today Gold Rate in Oman Today Per tola is OMR 492.21 while 24k Per 10 Gram gold price is OMR 422.00. Usually people opt...