Results for
Business
176 Results-
From stubs to soft toys, an Indian factory recycles cigarette ends
Sitting on the floor of a house on the outskirts of New Delhi, women smile and chat as they fill brightly colored toy bears with white stuffing made ... World News -
Investcorp, Mubadala back TruKKer fundraise ahead of planned IPO
Middle Eastern logistics startup TruKKer raised $100 million from investors including Bahrain-based asset manager Investcorp and Abu Dhabi wealth fund ... Business -
Office rents in Dubai are rising faster than in New York or London
Office rents in Dubai are rebounding for the first time in six years, rising faster than in New York or London as global banks and businesses expand ... Property -
Pakistan finmin expects economy to grow more than 3.5 percent this FY: Report
Pakistan Finance Minister Miftah Ismail expects the economy to grow more than 3.5 percent for the fiscal year that started in July, Bloomberg News ... Economy -
Saudi Arabia positioning itself as ‘world’s leading investment opportunity’: Expert
Saudi Arabia continues to position itself as “the world’s leading investment opportunity” with an unrivaled, fast-growing entrepreneurial landscape ... Features -
Kingdom Holding year-on-year profits continue to climb
Saudi Arabia’s Kingdom Holding reported a continued year-on-year climb in profits for Q2 2022, according to a Tadawul filing released on Thursday.For ... Financial Markets -
Gold holds gain as traders weigh outlook for Fed tightening path
Gold held an advance as investors weighed the outlook for the Federal Reserve’s monetary policy tightening path after new data pointed to some ... Financial Markets -
Former Apple car engineer pleads guilty to trade secret theft
A former Apple Inc engineer on Monday pleaded guilty to trade secret theft - one of two people accused of stealing trade secrets from the iPhone ... Technology -
Saudi Tadawul Group reports 24 pct drop in profit
Saudi Tadawul Group, the bourse’s owner and operator, on Sunday reported an almost 24 percent decline in second-quarter profit as expenses, including ... Middle East -
Saudi Aramco profit soars on higher prices and refining margins
Saudi Arabian state oil producer Aramco reported a 90 percent rise in second-quarter profit on Sunday, beating analyst expectations, boosted by higher ... Energy -
Companies in China distance themselves from Taiwan amid Pelosi visit backlash
From a Chinese soy sauce maker to an Asia-focused asset manager, companies in China are rushing to distance themselves from geopolitical tensions over ... Business -
Oman posts 784 mln rial budget surplus for H1/2022: Report
The Omani government posted a budget surplus of 784 million rials ($2.04 billion) at the end of the first half of 2022, Oman’s state news agency ... Economy -
Gulf firm Tabby secures $150 million in debt financing: Statement
Gulf buy now, pay later (BNPL) firm Tabby said on Wednesday it secured $150 million in debt financing from US-based firms Atalaya Capital Management ... Business -
Airbnb reports soaring revenue as travel rebounds
Airbnb said Tuesday revenue in the recently ended quarter topped $2 billion as people shook off pandemic worries and took part in a banner travel ... World News -
Recruitment agency enters the metaverse in UAE first
Recruitment agency Marc Ellis becomes the United Arab Emirates’ first recruitment and training company to enter the metaverse.The agency aims to ... Technology -
Etihad Airways swings to first half operating profit of nearly $300 mln
Abu Dhabi’s Etihad Airways swung to a core operating profit of $296 million in the first half of 2022 from a loss of $390 million a year earlier.For ... Aviation & Transport -
Vanilla spice: Arid Israel produces potent tropical pods
In his busy Tel Aviv restaurant, chef Yair Yosefi adds a magic ingredient to his signature cake: Israel’s first commercially produced vanilla ... Features -
Saudi Arabia’s Kingdom Holding buys stake in UK’s M&G Plc
Saudi Arabia’s Kingdom Holding announced on Thursday an investment of $269 million (1.01 billion Saudi riyal) in UK- listed global insurance and asset ... Business -
MidEast EV tech still behind other countries despite developments: Industry experts
The adoption of Electric Vehicles (EVs) and charging infrastructure in the Middle East is still behind China, the US, and Europe, despite rapid ... Technology -
Digital bank Zand receives UAE banking license
Emirati digital banking startup Zand, which provides retail and corporate services, said on Tuesday it had been granted a banking license from the ... Banking & Finance -
Saudi Arabia’s SAGO to reimburse local farmers for any wheat price increase
Saudi Arabia’s state grains buyer (SAGO) will reimburse local farmers for any wheat price increase if it had awarded international tenders at a price ... Business -
Half of new US entrepreneurs are women, leading business creation boom: Survey
Women and minorities have been fueling the boom in business creation of the past two years in the US.A survey found that almost half of 2021’s new ... Business -
UAE to suspend exports of Indian wheat for four months: Report
UAE’s economy ministry has ordered the suspension of exports and re-exports of wheat and wheat flour originating from India for a period of four ... Economy -
Europe regulator sees no safety concern in A350 paint dispute
Europe’s top aviation safety regulator said on Tuesday he had seen no evidence that paint or surface erosion on A350 jets, which are at the center of ... Gulf -
Political chaos will delay Israel’s 2023 budget: Source
Growing political chaos has pushed off a cabinet vote on Israel’s 2023 state budget to at least August, a senior Finance Ministry source said on ... Middle East -
Saudi Telecom shares rise on $8 bln capital increase proposal
Saudi Telecom said on Sunday its board had proposed increasing the company’s share capital by $8 billion (30 billion riyals), or 150 percent, driving ... Gulf -
Japan and UAE strengthen bilateral ties, boost cooperation in various sectors
The United Arab Emirates’ Minister of Industry and Advanced Technology Dr. Sultan bin Ahmed al-Jaber, and senior Japanese government officials and ... Business -
Saudi property developer prices IPO at top of range
Saudi Arabia property developer Retal Urban Development said on Sunday it had priced its initial public offering at 120 riyals a share, the top of the ... Business -
Elon Musk says Tesla’s total headcount will rise despite cuts
Chief Executive Officer Elon Musk said Tesla Inc.’s total headcount will increase, a day after telling employees he plans to reduce salaried staff by ... World News -
Over 1,000 foreign companies left Russia since Feb. 24: Report
Over 1,000 foreign companies have reduced, suspended, or ceased operations in Russia since it invaded Ukraine on February 24, a new report by the Kyiv ... Business