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BUSINESS
INSURANCE
Tawuniya’s profits exceed over $67mln in H1-22 interim results
REAL ESTATE
Dubai: Most expensive residential plot in Jumeirah Bay Island sells for over $49mln
REAL ESTATE
Azizi in $5.45mln deal with Naffco for Riviera and Park Avenue
PHILANTHROPY
UAE businessman pledges over $2mln to country's first charity hospital for cancer patients
REAL ESTATE
SICO maintains 'buy' ratings on Emaar and Emaar Development
AIRLINES
American Airlines to buy supersonic jets as it bets on ultra-fast travel
FOOD
Juhayna reports 1% higher profit in H1-22
AVIATION
AIRLINES
Air Algérie launches twice-weekly service to Doha
AIRLINES
Frontier plans capacity ramp-up in bet on recession-wary American travelers
AIRLINES
Emirates boosts connectivity to Mauritius with third daily flight
AIRLINES
Emirates to offer signature A380 service on flights to Bengaluru
BANKING & INSURANCE
FINANCIAL SERVICES
Suez Canal Bank’s profit rises 11.2% YoY in H1
FINANCIAL SERVICES
Cashless transactions gain momentum in Oman: CBO
FINANCIAL SERVICES
Gulf Navigation seals refinancing deal for 5 petchem tankers
CAREERS
jobs
Jobs in UAE: KFC, Pizza Hut master franchisee to recruit up to 500 people
jobs
2.8% increase in foreigners with work permits in Egypt’s private, investment sectors in 2021
EMPLOYMENT
UAE jobs: At least 10,000 highly skilled Indian workers to be employed by next year
EMPLOYMENT
No hiring of workers with criminal record; no deduction of recruitment fee from salary: Saudi official
EMPLOYMENT
Unemployment remains top concern for South Africa: Survey
jobs
VIDEO: Nearly half of workers globally are looking to quit jobs
EDUCATION
EDUCATION
India: JEE, NEET entrance exams could be merged into CUET
EDUCATION
New university approved in Bahrain
EDUCATION
Leading African edtech Snapplify highlighted as a key player in global higher education market
EDUCATION
MBZU for Humanities launches global hunt for new teachers
ENERGY
ENERGY
Egypt considers cooperation in electricity, energy fields with Slovenia
ENERGY
Why Europe faces climbing energy bills
ENERGY
Penspen wins $48mln worth of new contracts in Q2 2022
FINTECH
FINTECH
GrubTech, Geidea team up to provide e-payment solutions for restaurants, cloud kitchens in Egypt
FINTECH
India’s Beams FinTech Fund looks towards Middle East
FINTECH
EFG Hermes appoints Aladdin ElAfifi as NBFI platform CEO
FINTECH
PayPal shares jump on Elliott's $2bln stake, annual profit guidance raise
HEALTHCARE
PHILANTHROPY
Bill Gates urges S.Korea to increase aid for global health
CONFLICT
Little respite for doctors on Ukraine's eastern front
EQUITIES
Mouwasat’s profits rise 1% in H1-22 initial financials
CORONAVIRUS
Saudi Arabia records 105 new COVID-19 cases
PHARMACEUTICAL
U.S. move to negotiate drug prices a rare defeat for Big Pharma
POLITICS
U.S. House gives Biden a win with massive bill on climate change, drug prices
HOSPITALITY
HOSPITALITY
HOSPITALITY
Why a flexible workforce is essential to helping hospitality and tourism recover
HOSPITALITY
Aman opens much-anticipated New York hotel
HOSPITALITY
Aleph Hospitality to manage suites property in Kinshasa
HOSPITALITY
Dubai’s Depa wins $30mln project in Saudi’s Red Sea region
HOSPITALITY
Upscale five-star hotel opens doors in Bahrain's Juffair
MANUFACTURING
MANUFACTURING
High fuel prices, quarrying fees raise Saudi cement production costs: report
MANUFACTURING
Egypt, Japan’s Toyota Tsusho mull production of blue low-carbon ammonia
MANUFACTURING
Edita adds new production line at a cost of $7.12mln to keep pace with high demand
PROFESSIONAL SERVICES
SERVICES
Maharah pens $81.70mln deal with Saudi Binladin Group
SECURITY
Misr Clearing signs agreement with Saudi Clearing
SERVICES
Visa, Meeza to launch Stay Secure Campaign under patronage of Egypt's CBE
REAL ESTATE
REAL ESTATE
Dubai property market remains robust, but villa prices slow down
REAL ESTATE
UAE: New reporting rules will have no adverse impact on residential units supply
REAL ESTATE
Dubai records over $381mln in real estate transactions on Monday
REAL ESTATE
Dubai's ENBD REIT says real estate market has 'turned corner'
REAL ESTATE
Shapoorji Pallonji completes topping out of Imperial Avenue Tower
REAL ESTATE
New tenants to pay higher rents in Dubai
RETAIL & CONSUMER
RETAIL
IKEA to liquidate Russian unit as part of sanctions-led pullout
RETAIL
Walmart expects smaller profit drop as discounts drive demand
RETAIL
Ben & Jerry's Unilever fight shows risks of ceding control
RETAIL
Oman’s most famous export
TECHNOLOGY & TELECOM
TECHNOLOGY
Zain Bahrain deploys ‘most innovative’ IoT technology
TECHNOLOGY
LG levels up security of its commercial displays
TECHNOLOGY
Caste in California: Tech giants confront ancient Indian hierarchy
TECHNOLOGY
Batelco to focus on Beyon Money, end bwallet
TRANSPORT & LOGISTICS
TRANSPORT
India: 7 dead, over 30 injured after bus falls in river
TRANSPORT
Talks with China on rail projects, maritime cooperation resume
TRANSPORT
Al-Sisi follows up on cooperation between Transportation Ministry and German Railways
TRAVEL & TOURISM
AIRLINES
UAE flights: Airfares 4 times higher than normal rates as inbound traffic stays strong
AVIATION
Emirates’ flagship A380 to return to Perth’s skies from December 1
TRAVEL AND TOURISM
Dubai tourist arrivals more than double in H1
TRAVEL
Capital Travel, Etihad launch World Cup packages
MORE ON BUSINESS
CHEMICAL
Egyptian Financial and Industrial Company’s profits near over $26mln in H1-22
INSURANCE
GCC Islamic insurers must adjust premium rates due to intense competition – S&P
TRADE
22% growth in commercial licencing business in first half of 2022 in Dubai
FOOD
Edita's net profit climbs 90% in H1-22
FINANCIAL SERVICES
Raya Holding’s profits grow in H1-22
FINANCIAL SERVICES
Alaan launches UAE’s first business card with up to 2% cashback
BLOCKCHAIN
NMKR, NewTek to bring real life assets into Web3
AIRLINES
Emirates to offer A380 service on flights to Bengaluru
WATER
DEWA's High-Water Usage Alert service helps to reduce 217,370 tons of carbon emissions
Read more
MOST READ
1.
Saudi wealth fund PIF boosts US holdings with stakes in Alphabet, JPMorgan Chase, Amazon
2.
Emaar board will meet to discuss sale of Namshi
3.
Dubai property market remains robust, but villa prices slow down
4.
Qatar’s QIA-backed Group One plans US IPO
5.
SICO maintains 'buy' ratings on Emaar and Emaar Development
PICK OF THE DAY
REAL ESTATE
Dubai property rents increase at fastest rate since 2014 - CBRE
MORNING BRIEFING
MORNING BRIEFING
Tuesday Outlook: Asian markets struggle for direction; oil prices drop
INSIGHTS
1
Loosening financial conditions threaten central bank inflation fight
2
Ben & Jerry's Unilever fight shows risks of ceding control
3
Newly launched U.S. drugs head toward record-high prices in 2022
4
Trapped cash mangles China's policy plans
5
OPEC, IEA oil demand views converging, optimistic over risks
THE BRI REPORT
CONSTRUCTION
China is reshaping the Belt and Road Initiative ahead of a post-pandemic era
ZAWYA COVERAGE
REAL ESTATE
SICO maintains 'buy' ratings on Emaar and Emaar Development
INSURANCE
GCC Islamic insurers must adjust premium rates due to intense competition – S&P
INVESTMENT
VIDEO: Saudi's PIF takes share stake in Alphabet, Zoom Video, JP Morgan
INFRASTRUCTURE
South Africa needs $293bln to close infrastructure investment gap by 2030
LATEST VIDEO
Wealth Management
Saudi's PIF takes share stake in Alphabet, Zoom Video, JP Morgan
LATEST NEWS
1
UAE continues strengthening its food security: Ministry of Climate Change
2
UAE: NBA to be held in Abu Dhabi; will boost tourism, says official
3
UAE remains a startups hub as $700mln raised in first half
4
Dubai: Most expensive residential plot in Jumeirah Bay Island sells for over $49mln
5
Lebanese man who held up bank to access savings released without charge - brother
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