Saudi Arabia and the UAE – effectively the only two producers with significant spare capacity – hold about 3 million barrels a day of idle output, which amounts to approximately 3 percent of the demand

Saudi Arabia and the UAE – effectively the only two producers with significant spare capacity – hold about 3 million barrels a day of idle output, which amounts to approximately 3 percent of global demand


Amendments include a new definition for consolidated final statements and provisions for accounting standards


Cars ranked first on the list of the most important goods imported from Germany during 2021 at a value of approximately $1.17 billion


India previously approved export of wheat to the UAE for domestic consumption, cementing trade relations between the countries and building on the CEPA deal signed between the two countries


Gault&Millau’s revered rating system sees restaurants visited anonymously and then ranked on a scale of 1 to 20


The earthquake hit the southern region of Iran at 10:06 am on 15 June


The initiative follows the inauguration of the AED 1 billion Mohammed bin Rashid Library


"The UAE aims to achieve radical transformations in line with the future national strategies and plans," Ahmad Belhoul Al Falasi, the UAE Minister of Education, said


Abu Dhabi’s ITC will offer companies a grace period up to September 15, 2022 to realign themselves with the new regulations

The deals are expected to create more than 5,800 new jobs in the kingdom's domestic economy


The mandatory break will be enforced between 12:30 pm and 3 pm from 15 June to 15 September to avoid risks of exposure to high temperatures during the summer months


Investors in the Middle East tend to be more sensitive to volatility and risky assets, an expert said


The UAE has 642,000 Coursera learners with a median age of 34 years. Of them, 42 percent are women, and 44 percent are pursuing learning on mobile devices


To date, there have been more than 100,000 registrations from 56 countries on the Motawif portal, which also issues visas to Saudi Arabia electronically


The UAE’s successful handling of Covid and the influx of new businesses are creating an economy where small businesses thrive


The financing facility is one of the region's largest secured overnight funding rate based facilities of its size for a leveraged buyout transaction


Subscribers will gain access to the Middle East’s best-in-class business reporting

ITP Media Group’s CEO Ali Akawi discusses the importance of setting benchmarks in order to grow and succeed


Ramping up digitalisation holds great promise for those wanting to make a bolder statement on the global map in the 21st century


The UAE is the third-most important source of India’s imports globally and accounts for 40 percent of its total trade with the Arab world


Females make up over 60 percent of all realtors in Dubai, but women leaders account for less than 3 percent of property brokerage owners and a minority of property development leadership


While buying a new home can be an exciting experience it also has its pitfalls and if you are not careful you could lose a lot of money and/or get caught up in unnecessary legal complications

Catch insights on medical tourism, the Aster DM Healthcare's expansion plans, the impact of Covid, and the need to keep ‘people first’ while focusing on digital healthcare

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