Monday, August 20, 2018

Gulf finance ministers to support Bahrain through fiscal balance programme

DUBAI (Reuters) - Gulf finance ministers said on Wednesday they would support Bahrain’s financing needs after reviewing its proposed fiscal balance programme at a meeting in Manama. “The ministers reaffirmed their countries’ commitment to...

The Impact Of The Middle East’s Fintech Boom On Economic Inequality In The Region

The Impact Of The Middle East's Fintech Boom On Economic Inequality In The Region - NextBillion

UAE Chevrolet dealer sells its first Bolt EV

Al Ghandi Auto, one of the official Chevrolet dealers in the UAE, has sold its first Bolt EV, Chevrolet’s first electric vehicle in the region and the first EV to combine clean technology...

UAE: 190% increase in 1H net profit for Watania

Watania Takaful Company, one of the leading insurance companies in the UAE, has announced a net profit of AED7.8m ($2.1) for the first half of this year, 189% higher compared to AED2.7m in...

New Zealand appoint Gary Stead as new head coach

Published: August 15, 2018 13:58:57 Former New Zealand batsman Gary Stead has been named as the team's new head coach, signing a two-year contract. The...

Arena Events looks to raise £20m to fund acquisitions

Arena Events Group is looking to raise as much as £20m by way of a placing of up to 33.33m new shares at a price of 60p as it agreed the acquisitions of Stuart...

SCI’s crude oil tanker suffers explosion off Oman Coast, 3 sailors missing

Three sailors are missing and one suffered burn injuries after a section of Shipping Corporation of India’s (SCI) tanker vessel – MT Desh Vaibhav exploded in morning off Oman’s coast. According to the statement...

Foodco Holding posts AED 48.56m profit in 6M

Abu Dhabi – Mubasher: Foodco Holding has reported a 1% year-on-year increase in net profit during the first six months of 2018, recording AED 48.56 million. The company’s revenue surged 20.23% to AED 196.2...

Al Qudra Holding posts 56.5% profit decline Q2

Abu Dhabi – Mubasher: Al Qudra Holding has reported a 56.5% year-on-year slump in net profit during the second quarter of 2018, recording AED 37.24 million. Revenue went down to AED 66.47 million...

Emirates announces special Independence Day fares

Kolkata, Aug 14 (IBNS): Aviation major Emirates has announced special fares for on the occasion of India’s 72nd Independence Day. Travelers from Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad,Kolkata, Mumbai, Kochi and...