Huawei to invest $15 mn in the Middle East cloud computing program
The project is titled Cloud Oasis Program and will assist 3000 experts...
Middle East
Emirates to hire 3,000 cabin crew and 500 airport staff over the next six months
The latest hire is a part of its plans to ramp up...
Saudi Real Estate raises $426.4 mn to finance Saudi Vision 2030 projects
The funds will be raised with the help of priority rights issues...
Saudi Arabia’s ACWA Power aims to raise $1.2 bn in IPO
The company plans to issue 85.3 mn shares that represents 11.67% of...
Kuwait Oil Company to invest $1.6 bn on oil exploration in the next five years
The company aims to increase production to four mn bpd by 2040...
UAE to lower diesel and petrol prices from September 1
After six months of increased rates, motorists will pay less for both...
African fintech OPay raises $400 mn funding to expand in the Middle East
The latest funding round was led by Softbank...
Etisalat Group offers $505 mn to fully acquire Etisalat Investment North Africa
Etisalat has acquired an 8.7% stake in Etisalat Investment North Africa (EINA)...
Dubai villa prices rise as demand increases for open space
The average rent for villas rose by 2.6% in the second quarter...
Emirates airline suspends flights to Kabul until further notice
This decision comes after it was announced that the Talibani militant group...