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BUSINESS
MANUFACTURING
Middle East Paper Company sees 216% higher profits in H1-22 initial financials
CRYPTOCURRENCY
Day To Day Hypermarket: The first in the UAE to accept cryptocurrency payments
M&A
Saudi grocer BinDawood completes acquisition of 80.5% stake in France's Ykone
HEALTHCARE
UAE: Emirates Health Services to serve patients virtually in the metaverse
REAL ESTATE
Dubai ranks 4th globally for prime residential capital value growth in H1
TRANSPORT
Dubai's car rental firm Udrive to expand into Saudi Arabia
TOURISM
Saudi's Red Sea Development awards $8bln contracts for mega projects
AVIATION
AIRLINES
Wizz Air to resume flights from UAE to Russia in October
AVIATION
Al Bateen Executive Airport reopens after revamp
AIRLINES
IDFC, Indian Bank, Yes Bank put SpiceJet loans on high-risk- sources
AIRLINES
Kuwait Airways to receive third A330-800
BANKING & INSURANCE
FINANCIAL SERVICES
India's Paytm at near 6-month high as quarterly revenue surges
FINANCIAL SERVICES
India bank liquidity surplus may dip this week, traders say
FINANCIAL SERVICES
National banks' gross assets in UAE stand at $817bln in first five months of 2022: CBUAE
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
Sharjah Chamber launches back-to-school campaign
EDUCATION
Women to teach fourth grade elementary students in private and foreign schools in Saudi
EDUCATION
Universities to manage admissions after merger of ministries — Oweis
EDUCATION
Digital Private School to expand for new academic year in Oman
ENERGY
ENERGY
Siemens Energy warns of deeper net loss over Russia restructuring
ENERGY
China's July coal imports surge 24% to meet peak power load
ENERGY
Russia bans Western investors from selling banking, key energy stakes
FINTECH
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
FINTECH
Saudi's SAMA and CMA support 12 fintech startups as part of Fintech Accelerator Program
HEALTHCARE
M&A
Pfizer to boost pipeline with $5.4bln Global Blood Therapeutics buy
EQUITIES
Saudi German Hospital posts 45.5% higher profits in H1-22 interim results
CORONAVIRUS
Is the world prepared for a war against viruses?
CORONAVIRUS
Chinese tourist hot spot Sanya imposes COVID lockdown
HEALTH
'Early signs' monkeypox outbreak plateauing in UK, health authority says
HEALTH
U.S. government declares monkeypox outbreak a public health emergency
HOSPITALITY
HOSPITALITY
HOSPITALITY
U.S. hotels spin travel demand into gold as airlines struggle
HOSPITALITY
GCC hospitality revenues to reach $34bln by 2026
HOSPITALITY
Sharjah National Hotels achieves 122% increase in H1 profits
HOSPITALITY
UAE hotels clock 6 mln visitors spending 25 mln nights in Q1
HOSPITALITY
Airbnb's tepid bookings target muddies record quarter, shares slide
MANUFACTURING
MANUFACTURING
Talaat Moustafa Group’s H1-22 profit surpasses over $52mln
MANUFACTURING
Indonesia says Tesla strikes $5bln deal to buy nickel products - media
MANUFACTURING
Kuwait invites bids for acid plant
PROFESSIONAL SERVICES
jobs
Freelance work permits in UAE explained: How to complain if salaries are delayed
OIL AND GAS
Servomex establishes new Middle East hub at Abu Dhabi Airports Free Zone
SERVICES
Dubai's PCFC Call Centre receives about 70,000 calls, inquiries in H1 2022
REAL ESTATE
REAL ESTATE
UAE issues new reporting requirements for real estate transactions
REAL ESTATE
Jordan's real estate trade volume increases by 20%
REAL ESTATE
UAE: Short-term rentals on the rise among travellers as companies offer flexible working hours, WFH options
REAL ESTATE
Azizi Developments’ Park Avenue is now 40% complete
REAL ESTATE
Over $1.4bln properties sold in Dubai this week
REAL ESTATE
New report notes 263% growth in Lagos short-let market following pandemic
RETAIL & CONSUMER
RETAIL
UAE consumer spending increases by 22% in H1
RETAIL
UAE consumer spending rises 22% in first half of 2022: Majid Al Futtaim
RETAIL
UAE: Grocery shopping to get cheaper as fuel, global commodity prices drop
RETAIL
Alkhorayef: Display of Saudi products in retail stores reach up to 80%
TECHNOLOGY & TELECOM
TECHNOLOGY
Gulf Business Machines appoints new head of Dubai operations
TECHNOLOGY
Huawei, ITIDA ink MoU to support tech startups in Egypt
TECHNOLOGY
Saudi Arabia holds first global demo of AFC system for WiFi 6E
TECHNOLOGY
Amazon's connected device cart grows with $1.7bln deal for Roomba-maker
TRANSPORT & LOGISTICS
TRANSPORT
Sharjah City plans traffic flow project with Kapsch TrafficCom
TRANSPORT
Saudi's MOMRA to issue qualification certificate to offer furniture transporting services
TRANSPORT
Rail Line project: Lagos State Governor reaffirms completion by first quarter of 2023
TRAVEL & TOURISM
TRAVEL
UAE flights: Airfares fall by up to 35% to popular vacation destinations
TRAVEL
Qatar launches online course to upskill travel trade partners
TRAVEL AND TOURISM
Hong Kong eases COVID quarantine rules for incoming travellers
CONSTRUCTION
TRSDC completes construction of Shurayrah, longest water bridge in Saudi Arabia
MORE ON BUSINESS
CORONAVIRUS
BioNTech expects Omicron-adapted vaccine deliveries as soon as October
HEALTHCARE
Kuwait Hospital in Sharjah performs 939 surgeries in H1
HEALTHCARE
Transguard opens dedicated medical facility in Jebel Ali
INDUSTRIAL
Mahas Industrial City inks deal to set up feed packaging factory
HEALTHCARE
Bupa Arabia tops global and regional rankings
EQUITIES
UAE-based Lamprell's 2021 net loss widens to $60mln
INSURANCE
Saudi Insurance Symposium aims to be transformative
POWER
South Africa president confirms talks to import electricity from Botswana
INDUSTRIAL
Foreign or joint capital makes up 39% of Saudi industrial investments
Read more
MOST READ
1.
UAE-based Lamprell's 2021 net loss widens to $60mln
2.
UAE investors hold onto cash amid recession, inflation worries
3.
Dubai’s Salama plans $108mln capital reduction
4.
Abu Dhabi’s Masdar to develop renewable energy projects in Tanzania
5.
Saudi grocer BinDawood completes acquisition of 80.5% stake in France's Ykone
PICK OF THE DAY
FINANCIAL SERVICES
Kenyan banks may ‘struggle’ to reach tax payment targets in 2022: study
MORNING BRIEFING
MORNING BRIEFING
Monday Outlook: Asia shares subdued; dollar extends gains
INSIGHTS
1
Climate change puts Lyme disease in focus for France's Valneva after COVID blow
2
Is the UK #Ready4Rishi or will be #lizforleader?
3
Why the tide may be turning against Trump
4
With Taiwan drills, Xi tries to salvage Pelosi crisis
5
Taiwan tensions reveal challenges for U.S. navy as Chinese threat grows
THE BRI REPORT
CONSTRUCTION
China is reshaping the Belt and Road Initiative ahead of a post-pandemic era
ZAWYA COVERAGE
M&A
Saudi grocer BinDawood completes acquisition of 80.5% stake in France's Ykone
TRANSPORT
Dubai's car rental firm Udrive to expand into Saudi Arabia
TOURISM
Saudi's Red Sea Development awards $8bln contracts for mega projects
WEALTH MANAGEMENT
Dubai's DIFC to launch new hub for ultra-wealthy, family businesses
LATEST VIDEO
Equities
New DFM investor accounts soaring in 2022
LATEST NEWS
1
Safe haven dollar eases as risk appetite lifted by jobs data
2
Oil holds near multi-month lows on demand worries
3
Biden heads to eastern Kentucky to review flood damage
4
US Stocks: Nasdaq rises over 1% as dip in yields supports megacaps
5
Moscow says Ukraine 'taking Europe hostage' by shelling nuclear plant
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