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Qatar, Saudi fall on Q2 earnings misses forecast; FX vexes Egypt

  DUBAI / Reuters Stock markets in Qatar and Saudi Arabia were pulled lower on Wednesday by two blue-chip companies whose weak second-quarter earnings missed forecasts, while Egypt was hurt by a fresh slide of its currency in the black market. Commercial Bank of Qatar slumped 6.6 percent after it posted a 63 percent drop in second quarter net attributable ...

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Corporates invest ‘big’ for digital sea change

  RITIKA SHARMA / Emirates Business National and international companies, with their operations in UAE, are doing their extra bit in enabling the country to exponentially grow in areas such as speed, connectivity and reliability. Helping the UAE to fast climb the ladder of digital transformation, corporates are investing huge money in infrastructure and global partnerships, thereby contributing towards a ...

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RAK tourism dept targets aligned stakeholder strategy

  Ras Al Khaimah / Emirates Business Ras Al Khaimah Tourism Development Authority (RAKTDA), which develops the emirate’s tourism infrastructure and drives its domestic and overseas promotions, gathered close to 100 tourism stakeholders for a destination workshop designed to increase collaboration and alignment of the emirate’s promotional activities. Hosted by the Rixos Bab Al Bahr, the five-star resort on the ...

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