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Disney to sell Fox regional sports networks to Sinclair for $9.6b

04 May 2019

Walt Disney said on Friday it would sell its interests in 21 regional sports networks and Fox College Sports to Sinclair Broadcast Group Inc for $9.6 billion, a deal that...

Global stock markets cheer booming US jobs’ scenario

03 May 2019

Stock markets on both sides of the Atlantic rose on Friday, hailing US jobs data that confounded expectations, showing the lowest unemployment rate in half a century. Before the...

Festive demand boosts gold purchases in India, Singapore

03 May 2019

Gold demand was robust in India and Singapore this week as a correction in prices ahead of a key gold-buying festival boosted purchases even as major centres like China and...

Abu Dhabi launches 2nd bid round for five major exploration blocks

01 May 2019

The Abu Dhabi National Oil Company (Adnoc) announced on Wednesday — as part of Abu Dhabi’s block licensing strategy and on behalf of the Supreme Petroleum Council (SPC) — the...

Al Faya Lodge in Mleiha desert welcomes guests

30 Apr 2019

The Sharjah Investment and Development Authority (Shurooq) has announced the opening of Al Faya Lodge, a luxury retreat in the heart of the Mleiha desert and the Mleiha Archaeological and...

Exhibitors explore breathtaking and attractive tourist destinations

29 Apr 2019

Inayat-ur-Rahman, Senior Staff Reporter The Arabian Travel Market 2019, entered its second day on Monday. A cross-section of exhibitors share their candid views with Gulf Today. St. Petersburg: Participating...

Shurooq launches three luxury projects worth Dhs130 million

28 Apr 2019

Inayat-ur-Rahman, Senior Staff Reporter Sharjah Investment and Development Authority (Shurooq) has unveiled three new luxury hospitality projects worth Dhs130 million at ATM 2019, which are nearing completion and slated...

Dafza partners with PIHH to drive growth within Islamic economy

27 Apr 2019

Business Bureau, Gulf Today Dubai Airport Freezone Authority (Dafza) has signed a Memorandum of understanding (MoU) with the Malaysian Penang International Halal Hub (PIHH), to establish a framework of...

Microsoft brings BETT to MEA

21 Apr 2019

Business Bureau, Gulf Today Microsoft has reinforced its commitment to the regional education sector by bringing the world-renowned education-technology conference BETT to the Middle East and Africa (MEA) for...

China hosts Belt and Road summit

21 Apr 2019

China’s Belt and Road project is not a “geopolitical tool” or a debt crisis for participating nations, but Beijing welcomes constructive suggestions on how to address concerns over the initiative,...

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