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Business

Abu Dhabi Mubadala invested record amount in 2020, eyes aluminum IPO

Author: ReutersID: 1618288656961724900Mon, 2021-04-12 13:52 DUBAI: Abu Dhabi state investor Mubadala invested a record amount in 2020 as it doubled down on growth sectors, and is...

Abu Dhabi’s IHC acquires 45% stake in construction giant Alpha Dhabi Holding

Author: Tue, 2021-04-13 08:35 DUBAI: The International Holding Company (IHC), one of Abu Dhabi’s largest conglomerates, has completed a 45 percent stake purchase in construction...

SAMA to encourage more insurance consolidation

DUBAI: Oil is unlikely to hit $100 per barrel on a sustainable basis in the near future, according to experts at the Oxford...

Dubai crown prince says FDI highest in region creating 18,000 jobs

Author: Tue, 2021-04-13 09:25 DUBAI: Foreign direct investments (FDI) in Dubai amounted to 24.7 billion dirhams ($6.7 billion) in 2020, the highest in the Middle...

Saudi home completions rose 4 percent to reach almost 345,000 last year

DUBAI: Abu Dhabi state investor Mubadala invested a record amount in 2020 as it doubled down on growth sectors, and is close to...

Italian investor finds Saudi Arabia ‘perfect’ for life and business

JEDDAH: Last May, families across Saudi Arabia gathered around their Ramadan tables with a few empty chairs in what would be a tumultuous...

Saudi Arabia issued 117 permits for entertainment activities in 2020

DUBAI: Oil is unlikely to hit $100 per barrel on a sustainable basis in the near future, according to experts at the Oxford...

Stocks slip off record highs ahead of earnings, US data

DUBAI: Oil is unlikely to hit $100 per barrel on a sustainable basis in the near future, according to experts at the Oxford...

Latest news

S.Korea looks to US to help address COVID-19 vaccine shortage

South Korea’s foreign minister said on Wednesday he hopes the United States will help Seoul address its COVID-19 vaccine shortage as a return...

Third Taliban leader killed in Peshawar in past 4 months

Author: Tue, 2021-04-20 23:57 ISLAMABAD: A senior Taliban leader, Mullah Nek Muhammad Rehbar, was killed in Peshawar on Monday in an attack by two unidentified gunmen...

Were Sridevi and Jaya Prada locked in a room by Rajesh Khanna, Jeetendra?

Veteran actress Jaya Prada has recalled an amusing incident involving her and the late superstar Sridevi, from back in the day when the...

India records more than 2,000 COVID-19 deaths in 24 hours

India recorded more than 2,000 COVID-19 deaths on Wednesday and almost 300,000 new cases, among the world’s biggest daily totals since the pandemic...
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