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Middle East air cargo demand surges 18.3pc in December: IATA
January 31, 2024
In December Middle Eastern airlines posted an 18.3% increase in air cargo demand for both global and international operations compared to 2022 crowning an exceptionally strong global demand which was ... View more
‘COY 18’ uniting Arab youth, researchers opens at Expo City Dubai
November 26, 2023
The 18th edition of the United Nations Youth Conference (COY 18) a global platform that aims to unite Arab youth and researchers to discuss crucial topics such as international climate policies opened... View more
Bank ABC Islamic 9M net profit rises 18.6pc to $35.1m
November 12, 2023
Bank ABC Islamic closed its first nine months (9M) this year with a net profit of 35.1 million 18.6% higher than the same period last year. Net operating income before credit losses stood at 44.1 mill... View more
AI could automate ‘everyday tasks in the next 18 months’
October 11, 2023
PwC Middle East expects Generative AI (GenAI) to be able to automate a significant part of day-to-day tasks in the next 18 to 20 months. Speaking at the panel discussion GenAI Today AGI Tomorrow at th... View more
Global Village’s Season 28 to kick off on Oct 18
June 8, 2023
Global Village the region s leading multicultural family destination for entertainment dining and shopping has announced the new dates for Season 28 which will now open a week earlier on October 18 to... View more
Amsa to bring 18 Accor hotels into Saudi Arabia by 2032
May 2, 2023
Accor a world-leading hospitality group has signed a master development agreement with Amsa Hospitality the Saudi startup company redefining Arabian hospitality in both local and international markets... View more
Deloitte Middle East hires 3,000 professionals in 18 months
January 29, 2023
Deloitte a leading professional services network has hired over 3 000 professionals in 18 months of which 50% are women to address the growth needs of the Middle East s ongoing socio-economic transfor... View more
Mena venture debt funding crosses $260m across 18 deals in 2022
January 24, 2023
Venture debt aggregated 260 million across 18 deals in 2022 despite the backdrop of increasing global macroeconomic headwinds and caution by venture capitalists (VCs) in a climate of general uncertain... View more
Saudi Arabia, US sign 18 key deals during Biden visit
July 16, 2022
Saudi Arabia and the US have signed 18 agreements to unlock new avenues for joint cooperation in investment energy ICT space and health. The agreements by Saudi Ministers of Energy Investment Communic... View more
DESC organises cyberattack scenario simulation for 18 entities
July 5, 2022
Digital Dubai represented by the Dubai Electronic Security Centre (DESC) has organised a training activity simulating a global cyberattack scenario with 18 Dubai- based government and private sector e... View more
Chevrolet to unveil all-new 2024 Chevy Blazer EV on July 18
June 14, 2022
Chevrolet has announced that the all-new 2024 Chevy Blazer EV will be revealed on July 18 sharing the first image of the Blazer EV SS. Developed from the ground up the first-ever Blazer EV offers a gr... View more
Ras Al Khaimah Half Marathon set for Feb 18, 2023
May 24, 2022
Ras Al Khaimah Tourism Development Authority (RAKTDA) said that the 16th edition of the RAK Half Marathon will take place on February 18 2023 with leading sportswear brand Under Armour named as the ne... View more
Emirates NBD Q1 profit jumps 18% to $735m
April 21, 2022
Dubai-based Emirates NBD bank has delivered its highest quarterly profit since 2019 during the first quarter of this year. Profits jumped 18% to AED2.7 billion ( 735 million) as Q1-22 was a record qua... View more
Google launches latest Plus Codes in 18 countries across Mena
April 17, 2022
Google has announced the launch of the latest Plus Codes feature on Google Maps in 18 countries across Mena including Saudi Arabia the UAE Kuwait Egypt Morocco Algeria and more. Plus Codes are free op... View more
DSMG awards 18 lucky shoppers with cash prizes
January 13, 2022
Dubai Shopping Malls Group (DSMG) edition of Dubai Shopping Festival celebrations said that the initial two draws of DSMG raffle promotion were welcomed by shoppers at Global Village where 18 lucky wi... View more
Millennium expansion plan targets 18 hotels in region
September 22, 2021
Millennium Hotels & Resorts MEA has unveiled its hotel development pipeline at the Arabian & African Hospitality Investment Conference (AHIC) with plans for 18 new hotels adding 5 000 keys in Saudi Ar... View more
Dubai records over $192m property deals on Aug 18
August 19, 2021
Dubai s real estate market recorded 283 sales transactions worth 580.54 million and 48 mortgage deals of AED104.87 million in addition to 12 gift transactions amounting to AED22.86 million leading to ... View more
Dubai Islamic Bank net profit up 18%
July 28, 2021
Dubai Islamic Bank (DIB) the largest Islamic bank in the UAE and the second largest Islamic bank in the world has announced an improvement in profitability with a total income of AED5.8 billion and a ... View more
Expo 2020 Dubai tickets to go on sale on July 18
July 1, 2021
Expo 2020 Dubai tickets will go on sale worldwide from July 18 opening up a spectacular world of innovation and entertainment for every visitor across 182 visually striking and emotionally inspiring d... View more
Sniper ATP integrates with Kuwait F-18 Super Hornet
May 31, 2021
Lockheed Martin in conjunction with the US Navy completed its first flight test integrating Sniper Advanced Targeting Pod (ATP) with the F/A-18E/F Super Hornet for the Kuwait Air Force. Sniper ATP wil... View more
Bahrain’s national-origin exports up 18% to $1.8bn in Q1
April 19, 2021
The value of Bahrain s exports of national origin increased by 18% to BD684 million ( 1.8 billion) during the first quarter (Q1) 2021 compared to BD580 million for Q1 of the previous year marking a 17... View more
MINI Plant Oxford adds 18 LNG-powered lorries
April 6, 2021
BMW s MINI Plant Oxford has added a fleet of 18 lorries powered by liquefied natural gas (LNG) transporting parts and components from suppliers on 15 different routes across the UK to the home of the ... View more
Hilton Abu Dhabi Yas Island to open on Feb 18
February 11, 2021
Miral Abu Dhabi s leading curator of experiences announced today that Hilton Abu Dhabi Yas Island is set to welcome guests from February 18. Situated within Yas Bay Abu Dhabi s vibrant waterfront dest... View more
Adipec to be held from November 15 to 18
February 4, 2021
dmg events organiser of the Abu Dhabi International Petroleum Exhibition & Conference (Adipec) with the support of the strategic partner and host the Abu Dhabi National Oil Company (Adnoc) has announc... View more
Think Tank identifies 18 actions to propel UAE
October 20, 2020
A think tank of UAE s senior executives and academics has called for 5G to be made accessible to as many people as possible to help the country become a centre of excellence for technology research an... View more
Emirates NBD 9-month income up 18% at $4.98bn
October 20, 2020
Emirates NBD (ENBD) a leading banking group in the region has posted a total income of AED18.3 billion ( 4.98 billion) for the first nine months of 2020 marking an increase of 18% compared with AED15.... View more
DP World posts 18% surge in H1 revenue to top $4bn
August 19, 2020
Dubai-based global trade enabler DP World has posted revenue of 4.076 billion during the first half (H1) of 2020 as against revenue of 3.463 billion in H1 2019 marking a growth of 17.7% supported by a... View more
Final 18 BMW i8 cars leave Plant Leipzig
July 1, 2020
The last 18 BMW i8 vehicles left BMW Group Plant Leipzig in Germany today (July 1) as their future owners looked on. Each car was a one-off created in close collaboration with the customer. The degree... View more
Export Bahrain facilitates $32m exports in 18 months
June 10, 2020
Export Bahrain a key initiative of the national SME Development Board has facilitated over 32 million worth of exports across more than 26 various product and service categories to over 32 markets wor... View more
Brent futures hit 18-year low at $22 per barrel
March 31, 2020
Brent oil futures with delivery in June 2020 dropped by 12.72 per cent to 21.76 a barrel on the London-based ICE on Monday Russian news agency Tass reported. The last time Brent oil futures were below... View more
Bahraini diver finds rare 18, 9 carat pearls
November 4, 2019
Bahraini diver finds rare 18 9 carat pearls A Bahraini diver Sanad Abdullah bin Juffin found two rare pearls weighing 18 carats and 9 carats respectively in the northern oyster beds (hayrat) at a dept... View more
Wetex to feature 18 top German companies
October 20, 2019
The upcoming 21st Water Energy Technology and Environment Exhibition (Wetex 2019) in Dubai UAE will feature the participation of 18 leading German public and private organisations. The organisations i... View more
UAE’s 18 national banks post $6.6bn in H1 profit
August 8, 2019
The combined net profits of 18 national banks listed on the country s financial markets rose to Dh24.5 billion ( 6.6 billion) in the first half of 2019 compared to Dh21 billion in the same period of 2... View more
UAE to waive off tourist visa fee for travellers under 18
July 4, 2019
Children accompanying their parents for tourism purposes to the UAE will be exempted from visa fees between July 15 and September 15 a report said. The decision to exempt dependents under the age of 1... View more
Dubai Culture offers free entry to museums on May 18
May 16, 2019
Celebrating the worldwide observation of the International Museums Day Dubai Culture & Arts Authority (Dubai Culture) has announced that entry to its museums across Dubai will be free on Saturday May ... View more
Kuwait Agility's 2018 net profit surges 18.4pc to $266m
February 16, 2019
Kuwait-based Agility a leading global logistics provider has reported a 2018 net profit of KD81.1 million ( 266 million) or 56.06 fils per share thus registering an increase of 18.4 per cent from the ... View more
Russia's Pulkovo Airport welcomes 18 millionth passenger
December 30, 2018
Pulkovo St. Petersburg Airport achieved a new milestone as it welcomed its 18 millionth passenger this month. The previous highest number was 16.1 million which the airport reached in 2017. The result... View more
DAE announces portfolio sale of 18 aircraft
December 17, 2018
Dubai Aerospace Enterprise (DAE) one of the largest aircraft leasing companies in the world has entered into a definitive sale agreement to sell a portfolio of 18 mid-life aircraft to institutional in... View more
GFH 9-month profits jump 18.6pc to $102.4m
November 14, 2018
GFH Financial Group (GFH) has announced a net profit attributable to shareholders of 103.44 million for the first nine months of the year ended September 30 2018 an 18.6% increase from 87.23 million i... View more
UAE to launch tax refund scheme for tourists on Nov 18
November 12, 2018
Sheikh Hamdan bin Rashid Al Maktoum Deputy Ruler of Dubai Minister of Finance and Chairman of the Board of the Federal Tax Authority FTA has set out the implementation dates for phases one and two of ... View more
UAE mobile subscription expands to 18.4m
November 5, 2018
The subscription base in UAE mobile phone services expanded to 18.4 million subscribers reported Emirates news agency Wam citing figures released by telecom providers Etisalat and du. Mobile services ... View more
Tourists can reclaim VAT from November 18, says UAE
October 23, 2018
UAE s Federal Tax Authority (FTA) has announced that Tax Refund for Tourists Scheme goes into effect on November 18 allowing eligible tourists to request refunds of the value-added tax (VAT) incurred ... View more
Dubai Hills Estate completes work on 18-hole golf course
September 23, 2018
Dubai Hills Estate a joint venture between leading developers Meraas and Emaar said the construction work on the 18-hole championship golf course at its Dubai Hills Golf Club development has been full... View more
Bahrain approval for industrial land in 18 days
June 11, 2018
In a major move Bahrain government has reduced the timeframe for land applications in response to growing demand for industrial land across the kingdom and as part of the government s ongoing strategi... View more
Al Ghurair Centre joins Emaar to open 18-screen cinema
March 28, 2018
Al Ghurair Centre Dubai s oldest mall has signed an agreement with Emaar Entertainment to operate a new 18-screen Reel cinemas megaplex. Set to open its doors in the fourth quarter of 2018 the megaple... View more
Nissan wins 18 awards at Dubai Lynx
March 19, 2018
Nissan Middle East and Nissan Saudi Arabia have secured a grand total of 18 awards at Dubai Lynx the region s premier marketing and creative festival recently. The honours make Nissan the most decorat... View more
Brazil’s exports to Arab region grows 18.4pc
January 30, 2018
Brazil s trade relations with the Middle East scaled new heights in 2017 recording a growth of 18.43 per cent in exports from 11.5 billion in 2016 to 13.6 billion in 2017. Additionally a growth of 23.... View more
Sabic posts 18.6pc fall in Q4 net profit
January 29, 2018
Sabic has posted a net profit of SR3.67 billion ( 977 million) for the fourth quarter of 2017 compared to SR4.51 billion for the same quarter in 2016 reflecting a decrease of 18.63 per cent. Gross pro... View more
GreenParking to set up 18 EV charging stations for road trip
December 27, 2017
A new network of over 18 state-of-the-art charging points will be established to power the convoy of electric vehicles taking part in the 2018 Electric Vehicle Road Trip (EVRT) Middle East said GreenP... View more
Saudi Arabia, Iraq sign 18 key energy deals
December 10, 2017
Saudi Arabian companies have signed 18 agreements with the Iraqi government to jointly develop several key projects in the energy sector a media report said. Saudi companies are keen to develop relati... View more
Saudi, Iraq ink 18 major energy project deals
December 6, 2017
Saudi Arabian companies have signed 18 agreements with Iraqi government to jointly develop several key projects in the energy sector across the country said a report. Saudi Minister of Energy Industry... View more
IndiGo expands operations with 18 flight frequencies
September 28, 2017
IndiGo one of India s leading budget airlines has announced 18 new non-stop flights across its destination network six of which will be daily non-stop flights. Starting October 29 the carrier will lau... View more
Declarations at Jebel Ali Customs up 18.3pc in July
September 13, 2017
A total of 250 000 declarations were carried out by Jebel Ali Customs Centers in July 2017 which is an 18.3 per cent rise from June that saw around 210 000 declarations done. It is also an 11.5 per ce... View more
Al Naboodah wins Creekside 18 waterfront project contract
August 23, 2017
Al Naboodah Construction Group part of Al Naboodah Group Enterprises has been awarded the contract for Creekside 18 a waterfront residential project in Dubai Creek Harbour being developed by Emaar Pro... View more
Middle East hotel revenues drop 18.4pc in July
August 23, 2017
Hotels in the Middle East reported negative results during July 2017 while hotels in Africa recorded growth across the three key performance metrics according to data from STR. Occupancy rates across ... View more
18 candidates vie for $100m Expo Live fund
August 16, 2017
Eighteen social entrepreneurs and start-ups from 16 countries with innovative solutions tackling a wide range of human challenges pitched their projects vying for a share of 100 million funding from E... View more
Egypt sees 4.8pc GDP growth in 2017-18
August 10, 2017
Egypt expects its GDP growth to reach 4.6 per cent to 4.8 per cent in the 2017-18 fiscal year Egypt s Finance Minister Amr El-Garhy was quoted as saying by Wam the Emirates official news agency. The c... View more
Dubai real estate transactions top $106bn in 18 months
August 8, 2017
Dubai Land Department (DLD) has announced that the total value of the real estate transactions in the emirate exceeded Dh390 billion ( 106.18 billion) covering 95 000 deals in the 18 months from Janua... View more
UAE’s 18 listed banks post $5bn in H1 net profit
July 28, 2017
The aggregate net profit of 18 listed banks on Abu Dhabi Securities Exchange and Dubai Financial Market surged to Dh19 billion ( 5.17 billion) during H1 2017 a 5.5 per cent growth from Dh18 billion in... View more
Saudi cement sales fall 18.7pc in January-May
June 15, 2017
In the first five months of 2017 cement sales volume in Saudi Arabia fell 18.7 per cent year-on-year (y-o-y) to 22.6 million tons while clinker production declined 11.3 per cent y-o-y a report said. N... View more
Dubai’s 3-day Super Sale from May 18
May 16, 2017
Dubai will launch a new citywide retail shopping experience -- Super Sale -- on Thursday (May 18) with over 1 000 outlets offering a diverse range of items from local regional and global brands at sig... View more
cippe to feature 18 international pavilions in 2017
March 2, 2017
cippe 2017 (the 17th China International Petroleum & Petrochemical Technology and Equipment Exhibition) will kick off on March 20 2017 at New China International Exhibition Centre in Beijing. The even... View more
Etihad flies 18.5m passengers in 2016
February 8, 2017
Etihad Airways the national carrier of the UAE carried 18.5 million guests in 2016 up 6 per cent on figures reported in 2015. The year 2016 proved to be another year of sustained growth for the carrie... View more
Kuwait to spend $15.6bn on infrastructure in 2017-18
January 17, 2017
Kuwait is set to spend about KD4.74 billion ( 15.6 billion) on infrastructure and other projects in fiscal year 2017-2018 with the private sector contributing 16.9 per cent of the spend said a report ... View more
Crude oil falls 2pc from 18-month high
January 4, 2017
Oil prices dropped more than 2 percent on Wednesday from the 18-month highs hit on Tuesday as the US dollar strengthened. Brent futures fell 1.35 or 2.4 percent to settle at 55.47 a barrel while US We... View more
Oil hits 18-month high at $58.37
January 3, 2017
Oil prices hit 18-month highs on the first full trading day of the new year as reports suggested Opec member states have begun to reduce production. Brent crude rose more than 2 percent to 58.37 up 1.... View more
Dubai Parks and Resorts to open on December 18
December 11, 2016
DXB Entertainments the Dubai-based leisure and entertainments company has announced that its theme park destination Dubai Parks and Resorts will open formally on December 18. More than 1 500 of the wo... View more
Qatar Airways to launch 15 new destinations in 2017-18
November 29, 2016
Qatar Airways has announced eight more destinations for 2017-18 in addition to seven previously announced new cities for a total of 15 new gateways. Joining the Qatar Airways route network which spans... View more
No project scrapped, Khurais in ’18: Nasser
April 4, 2016
Saudi Aramco was continuing to work on both its upstream and downstream projects without any cancellations with its Khurais scheme expected to come online in 2018 the chief executive of the state-owne... View more
Global drilling slump ‘to last 12-18 months’
March 6, 2014
The current slowdown in offshore oil and gas drilling will last 12 to 18 months and the market for rigs will rebound in 2015 Maersk Drilling said providing a more optimistic forecast than other drilli... View more
18 firms line up for gas bid data: Noga
February 22, 2009
Eighteen international companies have registered for data on Bahrain s bidding round for deep gas exploration the country s National Oil and Gas Authority (Noga) has said in a statement. Companies reg... View more
Passenger traffic at Dubai International reaches 18.4m
August 26, 2008
Dubai International handled a record 18.46 million passengers in the first half of 2008 registering a growth of 13.80 per cent over the first half of 2007. The airport handled an average of three mill... View more
18 years for Emirates at WTM
October 31, 2006
EMIRATES Airline will participate in the World travel Market in London for the 18th year in a row with a brand new double-decker stand. Covering an area of 123sqm the new stand has been designed and e... View more
Asian firms to enjoy 18 months of margin highs
July 4, 2004
Asian oil refiners look set to enjoy robust refining margins for at least another 18 months as economic growth in major consuming nations will underpin demand for petroleum products. As recently as 18... View more
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