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STC launches 5G in Saudi Arabia; to reach Bahrain soon
Mubasher: Saudi Telecom Company (STC) has officially started the commercial operation of five-generation (5G) services for the first time in Saudi Arabia.The newly launched services will be available in certain districts and large cities th...
Abu Dhabi trade exchange with GCC up 7.7% in Q1
By: Enas BahgatAbu Dhabi – Mubasher: Abu Dhabi’s total trade exchange with the GCC countries rose by 7.7% year-on-year to AED 18.222 billion in the first quarter of 2019 from AED 16.918 billion, according to Mubasher statistics.Total exports to the...
UAE’s insurance firms hold one-third of profits in GCC
Dubai – Mubasher: Ubhar Capital, a financial services company based in Oman, revealed that the UAE’s insurance companies have topped the GCC firms in terms of profitability with a share of 30%, Al Bayan newspaper reported.Profits of 84 insurance co...
Uber, Careem to remain separate for now – Careem CFO
Mubasher: Uber will retain the brand of Careem, the ride-hailing business in the Middle East, for the current time, the CFO of Careem Ankur Shah said, according to Reuters.Uber and Careem will remain separate entities until at least the first quarter of 2020, ...
Regional Market News
New project to link Gulf countries’ statistical centres
Last Updated On 20-Jun-2019 21:19 (GMT)
UAE hosts 1st 'Digital Government Research' edition in ME
Last Updated On 20-Jun-2019 14:32 (GMT)
STC launches 5G in Saudi Arabia; to reach Bahrain soon
Last Updated On 20-Jun-2019 13:17 (GMT)
Oman Rail ‘serious’ about Mineral Line project
Last Updated On 20-Jun-2019 03:44 (GMT)
Asyad Group set for stellar financial performance in 2019
Last Updated On 20-Jun-2019 03:43 (GMT)
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