GCC central banks mimic Fed, hold interest rates steady
Abu Dhabi, UAE--In a significant move that underscores the interconnectedness of global monetary policies, central banks across the Gulf Cooperation...
Economy
Grandiose opens new hypermarket in Abu Dhabi
The hypermarket is the largest within the Grandiose chain The new store has a section dedicated to local produce...
3M appoints new VP, MD to lead MEA
Svinger will oversee the strategic expansion of 3M across the region The appointment further strengthens 3M’s developing business in...
Family Business Council Gulf to host first ‘Family Business Awards’ in GCC
Award categories are SME Family Business, Non-Family Executive, NexGen Venture and NexGen Innovation Family businesses contribute to 60 percent...
Businesses in Dubai urged to provide Beneficial Owner data
Businesses can visit Dubai Economy eServices page or outsourced service centers to submit data Furnishing data is required under the...
Dubai records 10% energy demand growth, 10% peak load increase
Demand for energy increased in the first five months of 2021 to 16,467 gigawatt hours, compared to 14,988 GWh...
Cummins’ marine segment gains from a spike in oil price
Marine segment is a critical market for Cummins in the region Cummins offers both commercial and recreational marine diesel...
Midday work ban in UAE to last till Sept 15 from Jun 15
An employer will have to pay for any time exceeding the 8-hour shift Violators to pay a fine of $1361...
UAE, Japan to launch business council
It will also look to generate more value from joint investments, and encourage communication between relevant government authorities The sides...
ADAFSA discusses agriculture, food cooperation with Bangladesh
ADAFSA has discussed ways of strengthening its cooperation in the agriculture and food sectors with Bangladesh The discussion...
Dubai gears up for World Green Economy Summit in October
It will be held on October 6 and 7 this year at the Expo 2020 Dubai This WGES is...
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
GCC central banks mimic Fed, hold interest rates steady
Abu Dhabi, UAE--In a significant move that underscores the interconnectedness of global monetary policies, central banks across the Gulf Cooperation...
Economy
Company News
Meeza to list on QSE
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Business
Kazakhstan’s BSG Technology to set up business in UAE next year
Abu Dhabi, UAE-- Kazakhstan's BSG Technology is looking to expand its operations into the Middle East, and begin operations in...
Business
UAE to generate 19.8 gigawatts of clean energy by 2030: Al Mazrouei
Abu Dhabi, UAE-- The UAE will produce 19.8 gigawatts of clean energy by 2030, Suhail bin Mohamed Al Mazrouei, Minister...
Economy
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Business
Iran foreign trade posts 4.84% jump to US$54.6bn in last six months
Tehran, Iran-- Iran's foreign trade has registered a 4.84 percent jump to $54.6 billion between March and September this year....
- The exports posted a 29 percent increase in weight and 2.6 percent decline in value compared to last year’s corresponding period
- Some 17.6m tons of goods, valued at $30.4bn, were imported into the country in the first half of the current Iranian calendar year
Geostrategy
Iraq and Iran review implementation of security agreement between two countries
Tehran, Iran--Iraq and Iran have reviewed the implementation of the security agreement in a meeting between the secretary of Iran's...
- Qasim al-Araj, Iraq's NSA, arrived in Tehran on Sunday and held discussions with General Ali-Akbar Ahmadian, the secretary of Iran's Supreme National Security Council (SNSC)
- The agreement guarantees the security of the borders of the two countries, affording a road map to eliminate the insecure components in the region
Business
Dubai Chamber of Digital Economy to host global tech firms at Expand North Star
Dubai, UAE--Dubai Chamber of Digital Economy is all set to welcome the global business community to Expand North Star, the...
- The participants will assemble at Dubai Harbour from 15th - 18th October 2023, connecting the world's most sought-after startups with innovators and investors
- The event will host more than 1,800 startup exhibitors from over 100 countries and nearly 1,000 investors with a combined total of over US$1 trillion under management