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Oman plans to develop a $250 million electric vehicle wiring and battery cell project in Duqm.

Business Staff Writer -
The project will be developed in two phases, with an annual production capacity of 60,000 vehicles. Oman Public Authority for Special Economic Zones and Free...

New aircraft engine maintenance facility in Al Ain expected to generate 350 jobs.

Business Staff Writer -
The facility is set to support Sanad in advancing its growth strategy within the aviation services sector. Sanad, a global aerospace engineering and leasing solutions...

Salik Company PJSC reports a decline in Q1 revenue due to reduced traffic volumes in Dubai, while profit remains stable despite the slowdown.

Business Staff Writer -
Lower toll usage in March put pressure on revenue, even as profit margins remained stable. Salik Company PJSC reported revenue of Dh728.9 million in the...

ADNOC Drilling reported a $347 million profit, driven by strong growth in its offshore and oilfield operations.

Business Staff Writer -
ADNOC Drilling reported stronger first-quarter earnings, supported by growth in its offshore drilling activity and broader oilfield services segment. Abu Dhabi: ADNOC Drilling, listed on...

Dubai gold prices remain steady at record highs as Iran-related tensions continue to keep markets on edge.

Business Staff Writer -
Saudi gold prices stay unchanged as oil fluctuations and Iran-related geopolitical tensions drive bullion market sentiment. In Dubai, gold prices opened unchanged on Monday morning...
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OGold reaches 1.5 million users amid a surge in digital gold and silver investing.

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The achievement reflects rising interest in Shariah-compliant digital investment...

Kuwait sentences nine Syrians to 10 years in prison in a money laundering case.

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Gang and two companies fined KD 6.88 million as...

Dubai Metro Blue Line explained: Key routes, stations and project progress

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How the Dubai Metro Blue Line will redefine routes...

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