Global equities, oil prices gain as the Suez Canal shutdown continues
Global equity benchmarks and oil prices rose on Friday while safe havens such as the dollar...
The virus triggers new challenges & opportunities for businesses
COVID-19 has brought new opportunities and challenges for the governments and markets to navigate within the...
Dubai shares recovery model for global business events industry
Key leaders in the business events sector and stakeholders from across Dubai shared their experiences of...
Shaker reports SAR 10.1 million net profit in a first profitable year since 2016
Shaker (“Al Hassan Ghazi Ibrahim Shaker Co.”, the “Company” or the“Group”), Saudi Arabia’s leading importer, manufacturer,...
Saudi Aramco chief foresees higher oil demand this year
Saudi Aramco’s Chief Executive expects rising oil demand in 2021, he said on Sunday, citing Chinese...
Arab Aviation Summit 2021 takes off in Ras Al Khaimah
The Arab Aviation Summit 2021 (AAS), the region’s leading aviation and tourism industry event, opened at...
Crypto businesses now able to set up at DMCC
DMCC - the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and...
Etisalat approves 49% ownership of non-UAE nationals
At Etisalat’s Annual General Meeting (AGM), shareholders have backed the board’s recommendation to pay full-year 2020...
Global oil demand will return to pre-pandemic level in two years
Global oil demand will return to pre-pandemic levels in two years and reach record heights by...
Over 16,000 new member companies joined Dubai Chamber in 2020
Over 16,000 new member companies joined Dubai Chamber of Commerce and Industry in 2020 as the...
Major auto firms plan expansion in electric vehicle manufacturing
Volkswagen plans to build half a dozen battery cell plants in Europe and expand infrastructure for...
Noura Al Kaabi opens Entrepreneurship Lab at UAE University
Noura bint Mohammed Al Kaabi, Minister of Culture and Youth, opened a lab dedicated to entrepreneurs...
UK economy to reach pre-pandemic level: BoE
Britains’ economic activity is likely to reach its pre-coronavirus level at the end of the year...
UAE-GCC states trade exchange at AED229 bn in 2019
The trade exchanges between the UAE and GCC states amounted to around AED229 bn in 2019,...
DCCI examines role of data, AI in driving UAE’s digital economy
Data and artificial intelligence (AI) are expected to become key pillars that will build and grow...
UAE to enhance competitiveness in attracting global tech firms
Dubai Silicon Oasis Authority (DSOA), the regulatory body of Dubai Silicon Oasis (DSO), the integrated free...
WHO allows Johnson & Johnson vaccine for emergency use
The World Health Organisation has approved the emergency-use listing of Johnson & Johnson’s COVID-19 vaccine, the...
Indian billionaire Adani world’s biggest wealth gainer so far in 2021, adds $16.2b to his fortune
Adani Group Chairman Gautam Adani has achieved a remarkable milestone amid the COVID-19 pandemic, as he...
German sportswear giant Adidas to detail plans for Reebok sale
The German sportswear giant Adidas will announce its financial results on Wednesday, and give more details...
AED4.3 bn in credit facilities to UAE quarrying & mining sector in 2020
The quarrying and mining activities in the UAE received AED4.3 bn in credit facilities in 2020,...
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