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29 May 2023

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Mideast has least and less complex tax laws

The Middle East has fewer and less complex tax laws in the world, according to Paying Taxes 2012, an annual report

UAE qualify for semifinals despite setback against Iraq

Hosts UAE have qualified for the semifinals of the 6th Fazza International Wheelchair Basketball - IWBF West Asian

Julphar profit up 15% to Dh230m

Julphar, Ras Al Khaimah-based pharmaceutical products producer and distributor, on Sunday said its profits in 2013 rose

Marriott’s Q2 RevPAR up 3.9%

Marriott International Middle East and Africa (MEA) said revenue per available room (RevPAR) improved 3.9 per cent year

Nissan Middle East sales up 23%

Nissan achieved record sales of 196,885 vehicles in Middle East in the 2013 financial year, a 23.1% increase versus

Spain wins KSA rail contract

A Spanish consortium has won a contract worth 7.0 billion euros ($10 billion) to build a high-speed rail network

UAE's Julphar to set up plant in Saudi Arabia

UAE's Gulf Pharmaceutical Industries (Julphar) has entered into a joint venture with Cigalah Group to set up a SR 300

3 accused of posing as CIDs, stealing car

Three Indians who are accused of impersonating as CID officers and robbing a compatriot using force before making away


Etisalat's $11.7bn offer for Zain is justifiable

Etisalat's bid of 1.7 dinars a share or $11.7 billion offer for a 46 per cent piece of Zain is high compared to the

Starwood announces two new hotels in Medina

Starwood to open two new hotels in Medina New Sheraton and Four Points by Sheraton Hotels scheduled to open in 2012

Drake & Scull buys Saudi firm

Dubai-based Drake & Scull International (DSI) announced on Wednesday in a statement on the Dubai bourse that it has

Nissan UAE sales up 10% in 2014

Driven by the UAE and Saudi Arabia, the Japanese automaker Nissan sold 219,129 units in the 2014 financial year, up 3.3