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Wednesday, 11 December 2019

Saudi Aramco shares soar maximum 10% on market debut

Saudi Aramco shares advanced to 35.2 riyals, giving it a market value of $1.88 trillion
Mubadala Capital seeks to double third-party funds to $6bn
Mubadala Capital, which currently manages $25bn of its own and external capital, plans to boost...
Emirates airline sees strong demand on new Mexico route over holiday period
Emirates SVP for commercial operations in the Americas said he believes that the airline "has...

Discovery pulls its channels from OSN

Negotiations between OSN and Discovery to continue 12-year partnership broke down leading to...
Kuwaiti-owned $3.6bn London theme park outlines new plans ahead of 2024 opening
The London Resort is being backed by the Kuwaiti European Holding (KEH) Group
UAE casts doubt on ending two-and-a-half-year rift with Qatar
Anwar Gargash said the absence of Sheikh Tamim from the Riyadh summit 'was due to poor judgment'

GCC Supreme Council calls for financial, monetary unity by 2025

GCC secretary-general Dr Abdullatif bin Rashid Al-Zayani also urged increased military and...
US suspends training of Saudi military students for security review
Saudi Arabian military students in the United States will continue classroom instruction but...
More than 1.2m MENA businesses added to Google Maps this year
Google reveals new Stay Safe feature which prompts off route alert

After Aramco's record IPO, barely any of its stock will trade

The Gulf oil giant sold a 1.5% stake in the IPO, while the remainder stays in the hands of the...
JA Resorts & Hotels to open new Dubai hotel in January
The Manor by JA, a 247-key, four-star property, to target corporate sector guests
First commercial electric plane takes flight
Technology would mean significant cost savings for airlines - not to mention zero emissions

Jet Airways' creditors agree to delay revamp plan

Mumbai-based airline, which was once the country's largest carrier by market value, fell victim...
Photos

Nike launches full-coverage swimsuits for women

Collection includes the Nike Victory Full-Coverage Swimsuit, along with swim separate options -...
Videos

Etihad Airways brings fans of 'The Ellen Show' to Abu Dhabi

As part of her much anticipated 'Greatest Night of Giveaways' talk-show, host Ellen DeGeneres and...
Editor's Choice

Aramco trading debut to make Saudi bourse world's ninth-biggest

The Saudi stock exchange will hold an opening auction for Aramco shares that will last from 9:30...
How Sheikh Mohammed dominated Twitter in the UAE in 2019
Sheikh Mohammed's Twitter handle @HHShkMohd is followed by nearly 10 million people across the...
Dubai property deals hit new 11-year high in November
More than 5,000 property transactions recorded with the Dubai Land Department in November, a 11...

Democrats publish articles of impeachment against Trump

In the formal legislative resolution, Trump is accused of abuse of power for withholding aid from...
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