Dubai’s resurgent tourism industry is celebrating a successful first half of 2023 (H1 2023), after welcoming a record 8.55 million international overnight visitors, compared to 8.36 million tourists in H1 2019.Surpassing pre-pandemic visitation levels and further bolstering the city’s bid to...
Saudi Arabian Oil Co.’s (Saudi Aramco) strong results in Q2 2023 reflect its resilience and ability to adapt through market cycles, said President and CEO Amin H. Nasser. Commenting on the financial results, Nasser added that Aramco continues to...
UAE-headquartered Hardington Residential has signed an exclusive contract with Barratt London, part of the UK’s largest housebuilder Barratt Group, to market the company’s latest London developments to MENA investors, as differing demands from countries in the region are seeing an uptick in...
ADNOC Distribution today announced its first half 2023 results, reporting a 9% year-on-year increase in underlying EBITDA to AED1.57 billion, and a 2% year-on-year increase in net profit excluding inventory movements to AED1.03 billion, driven by higher fuel volumes and company-wide efficiency...
Dubai Electricity and Water Authority (DEWA) has revealed that the number of electricity accounts reached 1,144,741 accounts by the end of the first half of 2023, compared to 1,084,596 accounts by the end of the first half of 2022, an increase of around 5.5 percent.This is part of DEWA’s efforts...
The "Security and Safety at petrol stations" campaign registered a positive and encouraging response during the first of its launches as people showed interest in the awareness efforts by the Joint Security and Safety Committee.The Committee, comprising the Ministries of Energy and Infrastructure,...
The Saudi Ministry of Tourism said nationals from Azerbaijan, Albania, Uzbekistan, South Africa, Georgia, Tajikistan, Kyrgyzstan and Maldives can now apply for a visitor visa online, bringing the total number of countries benefiting from this system o 57. Nationals from the...
Several Saudi companies specialized in military and defense industries signed an agreement and two memorandums of understanding (MoUs) with Turkish defense companies to localize the drone industry and its component systems within the Kingdom. The agreement and MoUs complemented the two...
‘Italian Stallion’ Reynor galloped to StarCraft II victory on Sunday night at Gamers8: The Land of Heroes, the biggest gaming and esports festival worldwide, and declared his comeback triumph in the final as “the biggest win of my career”. Down 1-0 to South Korean...
Fairmont Ramla Serviced Residences Riyadh, Fairmont’s first serviced residences in KSA, is now open to the public. Standing tall with its magnificent 35 floors, the property graces Riyadh's skyline as a symbol of opulent living, offering an unparalleled experiences and lifestyle. Jointly unveiled ...