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Dammam Port reports 4.9pc rise in goods handledDammam-based King Abdulaziz Port achieved an increase in its total goods handled during the third quarter of 2018 by 8 million tonnes, up 4.9 per cent, compared to 7.6 million tonnes during the same period in 2017, said a report. More… |
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UAE Exchange, Kayan partner for ‘rise’ mobile appUAE Exchange, a leading global payment solutions brand, has partnered with Kayan Labs for exploring new channels to provide remittance facility through ‘rise’ mobile application, the world’s first migrant wealth management plat More… |
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Dubai prime residential prices to rise in 2018 - forecastThe prime residential market Dubai is expected to see modest growth of one per cent in 2018, according to leading real estate industry expert Knight Frank. In a new research note, Knight Frank pointed out that Dubai is expected to More… |
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Mepco reports 22pc rise in Q3 net profitThe Middle East Paper Co (Mepco), a leading vertically-integrated paper manufacturer in the region, has reported a 22 per cent increase in net profit from SR18.2 million ($4.85 million) in the second quarter to SR22.2 million ($5.91 million) in More… |
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Flydubai posts $38.7m H1 loss; revenues top $680mDubai-based low-cost carrier flydubai reported a loss of Dh142.5 million ($38.7 million) for the first half of the year despite revenues and passenger numbers going up. The airline had reported a loss of Dh89.9 million ($24.4 mill More… |
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Slovenia eyes GCC visitor marketSlovenia Tourist Board (STO), in cooperation with travel partners from the UAE, Saudi Arabia, Qatar and Kuwait, has launched a ‘Kids Ski Free’ campaign to promote Slovenia as an ideal winter holiday destination for families seeking s More… |
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French cream imports to the UAE increases by 10pcFrench cream exports to the UAE are expected to increase by 10 per cent this year, according to the latest research by the French Dairy Board. The UAE is seen as a key developing market for the industry and imported 2,000 tonnes o More… |
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Navdex to see rise in overall participationThe Abu Dhabi National Exhibitions Company (Adnec) has announced a rise in participation, interest and engagement from specialised international marine based companies at the Naval Defence Exhibition (Navdex 2017) to be held in Abu Dhabi, UAE, n More… |
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Slovenia sees rise in ME tourist numbersSlovenia witnessed a 10 per cent increase in the number of foreign tourists from January to August, with a large number of visitors recorded from the GCC region, new data has revealed. The number of Middle Eastern tourists has bee More… |
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Oil price slips further, markets focus on supply overhangFriday morning saw oil prices fall, as markets turned their focus to a persistent fuel supply overhang that is not expected to abate unless OPEC and other producers make a significant cut to their output, said a report. Internatio More… |
