Opportunities For Omanis To Invest In The UAE’s Thriving Real Estate Sector
The UAE is well known for its economic stability and investor-friendly policies. The diverse and dynamic economy of the UAE is characterized by infrastructure, geographical location, and a favorable business…
Spinneys increases UAE retail offering to 7% after ‘significant investor demand’ – News
File photo Spinneys 1961 Holding plc has announced that it will increase the number of shares allocated to the UAE Retail Offering of its initial public offering (IPO) on Dubai…
Growth in Asia-Pacific expected to slow in 2024: IMF
New Delhi: Economic growth in the Asia Pacific region is better than previously projected but is expected to slow from 5 per cent in 2023 to 4.5 per cent in…
Saudi Electricity Company gains regulatory approval for increased weighted average cost of capital
The Saudi Electricity Company (SEC) has received approval for a new regulated weighted average cost of capital (WACC) of 6.65% for the regulatory period 2024-2026. This marks an increase from…
Dubai Financial Market posts 171% rise in profit for first quarter – News
The Dubai Financial Market on Monday announced that it posted a net profit of Dh95.6 million before tax for the first quarter of 2024, a rise of 171 per cent…
Burkina Faso bans more foreign media over HRW massacre report
BURKINABE — Burkina Faso has suspended yet more foreign media outlets over their coverage of a report accusing its army of killing 223 civilians.The report, by US-based Human Rights Watch…
19th edition of Oman Design & Build Week unveils future of construction, design and real estate
Muscat: The vibrant tapestry of the Sultanate of Oman’s construction, design, and real estate sectors unfolded once again as the 19th edition of the Oman Design & Build Week (ODBW)…
UAE tourism sector set to boost GDP share to Dh236b in 2024 – News
A view of Global Village in Dubai,a prime tourist attraction. — File photo The buoyant tourism sector’s contribution to the UAE’s national economy is expected to rise to Dh236 billion…
Kenya dam burst: Around 50 killed in villages near Mai Mahiu town
NAIROBI — About 50 people have died in Kenya after a dam burst its banks following heavy rains and flooding, a Red Cross official has said.People in villages near Mai…
Sohar Port and Freezone home to region’s first LNG bunkering project
Muscat: Sohar Port and Freezone has signed a sub-usufruct agreement with Marsa Liquefied Natural Gas , a joint venture between TotalEnergies EP Oman Development B.V. and OQ, for the development…