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Main headlines latest

Apple
July 27th, 2026 - 11:50 GMT
Khaled Samara

Khaled S.

First-ever Apple computer set to sell for at least $300,000

ALBAWABA - The Apple-1, a vintage 8-bit desktop computer and the tech giant's first-ever product by Steve Jobs, is expected to garner at least $300,000 in an upcoming auction, with reports stating that the 1977 computer is still miraculously working, making it stand out from similar machines its age. The RR Auction , which started July 24, is currently ongoing with 3 bids and is set to end next month ...
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The operator continues to invest in developing new product offerings with total revenues for the quarter standing at BD18.3 million (US$48.5 million). (Facebook)
May 2nd, 2017 - 10:34 GMT

Zain Bahrain's Net Profit Dips 45 Percent in Q1 2017

The number of SMEs in Oman declined by 31.2 percent in the first quarter of 2017, according to a report by the National Centre for Statistics and Information (NCSI). (Flickr/ Luca Nebuloni)
May 2nd, 2017 - 08:13 GMT

Dramatic Drop in Number of SMEs in Oman in 2017: Report

The number of tourists from Saudi Arabia marks an increase of 6 percent year-on-year, and reaffirms Dubai’s position as one of the most popular travel destinations among Saudis. (AFP/ Amer Hilabi)
May 2nd, 2017 - 07:48 GMT

Dubai Welcomes Over 1.6 Million Tourists From Saudi Arabia in 2016

Stabilizing oil prices, large international sovereign debt issuance and lower credit growth are expected to improve funding conditions for banks in the GCC over the next year. (AFP/ File)
May 2nd, 2017 - 07:07 GMT

Funding Pressures on GCC Banks to Ease this Year As Oil Recovers: Moody's

The ArabNet Digital Summit 2017 will be held on May 16-17 and will bring together 80 speakers, 50 exhibitors, 1,200-plus attendees, and 35-plus key talks and sessions. (ArabNet)
May 2nd, 2017 - 06:51 GMT

ArabNet Summit in Dubai Set to Be the Biggest, Boldest Digital Event of 2017

The Singapore-based Changi Airports International (CAI) will operate Jeddah’s new King Abdulaziz International Airport for a period of 20 years. (Twitter)
May 1st, 2017 - 02:39 GMT

Saudi Arabia awards Jeddah airport contract to Singapore’s Changi

First Abu Dhabi Bank, which resulted from the merger of National Bank of Abu Dhabi (NBAD) and First Gulf Bank, launched on Monday its new brand identity including a new logo and slogan. (Twitter)
May 1st, 2017 - 01:53 GMT

First Abu Dhabi Bank to 'grow stronger' with new brand, logo and slogan

Egypt has been struggling to boost its foreign currency reserves in the political and economic turmoil following the January 2011 uprising that toppled former president Hosni Mubarak. (AFP/ Khaled Desouki)
May 1st, 2017 - 01:27 GMT

IMF, Egypt review conditions for second installment of $12B loan

Nakheel has a Dh5 billion ($1.4 billion) hospitality expansion plan to bring over 5,800 new hotel rooms and apartments through 18 projects to Dubai. (Nakheel)
May 1st, 2017 - 12:55 GMT

Nakheel, Hilton team up to bring 704 new hotel rooms to Dubai

A handout picture provided by the Saudi Royal Palace shows German Chancellor Angela Merkel (L) chatting with Saudi Arabia’s King Salman (R) during a welcome ceremony in Riyadh on April 30, 2017. (AFP/ Bandar Al-Jaloud)
May 1st, 2017 - 12:27 GMT

Germany, Saudi Arabia Sign Six Major Economic Agreements During Merkel Visit

The UAE hopes to attract new industrial investments worth over $70 billion to increase the contribution of the industrial sector to the GDP from 14 percent to 25 percent by 2025. (File photo)
May 1st, 2017 - 12:02 GMT

Is $26.7 billion enough to boost Abu Dhabi's industrial sector?

Headquartered in Amman, the Arab Bank is one of the Arab world's largest privately-owned banks and operates in 30 countries as of January 2016. (AFP/ File)
May 1st, 2017 - 09:16 GMT

Arab Bank records $218M net profit in Q1 2017

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