Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

SIB profit up 9%

Higher income from financing and investment drive growth.

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

Spain urges WTO meet in UAE to address de-globalization

ABU DHABI, UAE - Madrid wants the upcoming 13th Ministerial Conference (MC13) of the World Trade Organization (WTO) here next...

Saudi Space Commission to launch ‘Madar’ training program for students, workers

Saudi Space Commission will help and train 1,000 students and workers about space to national capabilities, cadres and skills in...
  • Saudi Space Commission will teach 1,000 male and female trainees from various scientific specialties about the space sector
  • The program aims at raising the level of knowledge by providing theoretical and practical courses in the space sector

Kuwait wants Schengen visa exemption for its citizens

Speaker of Kuwaiti National Assembly Marzouq Al-Ghanim expressed optimism that the exemption request would be granted.
  • Speaker of Kuwaiti National Assembly Marzouq Al-Ghanim expressed optimism that the exemption request would be granted
  • Al-Ghanim said the Kuwaiti delegation responded to many questions on issues like human rights and women empowerment

KSA teams up with Novartis to ramp up pharmaceutical capacity

Saudi Arabia has partnered with Novartis, the Swiss pharmaceutical company, to ramp up the kingdom's bio pharmaceutical capacity.
  • Novartis’ contribution to the kingdom’s gross domestic product is expected to reach $857 million by 2024
  • The parties aim to build local talent and capabilities as they aspire to reach 75 percent Saudization

UAE, Jordan, Egypt ministers discuss roadmap for new partnership

Less than a week after the signing of the Industrial partnership for Sustainable Economic Growth, ministers from the UAE, Egypt...
  • The Ministers discussed time frames for implementing the initiatives and how their performance can be measured
  • The members approved the appointment of Omar Al Suwaidi, Under-Secretary of the Ministry of Industry and Advanced Technology, as Secretary-General of the tripartite higher committe

UAE-based Grubtech ramps up international expansion

Grubtech’s entry into Egypt’s $22 billion food service industry highlights its rapid growth since being established less than three years...
  • Grubtech’s entry into Egypt’s $22 billion food service industry highlights its rapid growth since being established less than three years ago
  • The company recently secured $13 million in Series A funding to support its aspirations to become the platform of choice for restaurants and cloud kitchens

ENEC, KEPCO discuss cooperation in nuclear sector, ways to curb carbon emission

The Barakah Plant will help in the decarbonization of the power sector in the UAE and the Arab World
  • ENEC, KEPCO discussed prospects for future cooperation and exploring the opportunities available in the nuclear energy sector
  • The overall completion rate of the Barakah Plant is now over 97 percent and the first and second units are producing electricity

UAE Healthcare charity to receive donations in crypto

Crypto philanthropy has emerged as an important and sustainable source of fundraising for charities, giving people greater opportunities to donate...
  • Crypto philanthropy has emerged as an important and sustainable source of fundraising for charities, giving people greater opportunities to donate for good
  • According to Chainalysis, the Middle East is one of the fastest-growing cryptocurrency markets in the world, making up seven per cent of global trading volumes

Shell to build fuel stations in Saudi

Wafi will also operate car services for Shell Global in  the kingdom.
  • Shell Global is the largest operator of gas stations and car services in the world.
  • Shell Global will transfer the latest expertise to Saudi to provide the latest technology.

Third Gulf Forum for Voluntary Work to be held in December

A meeting between the Committee of Heads of Red Crescent Societies and bodies in GCC concluded its 18th meeting. The...
  • The Gulf forum is expected to be held for two days in Saudi Arabia under the theme "Volunteering is life".
  • This was decided at a meeting between the Committee of Heads of Red Crescent Societies and bodies in GCC concluded its 18th meeting.

UAE attracted nearly $21 billion of FDI in 2021: Minister

The UAE succeeded in attracting more than $20.7 billion of Foreign Direct Investment (FDI) in 2021, which reflects the confidence...
  • Minister of Economy Abdullah bin Touq Al Marri said the UAE ranked first in the MENA region and 15th globally on AT Kearney's FDI Confidence Index 2021.
  • UAE FDIs in Kyrgyzstan amounted to $12 million, making Emiratis among the top 20 foreign investor groups in the country.

Spain urges WTO meet in UAE to address de-globalization

ABU DHABI, UAE - Madrid wants the upcoming 13th Ministerial Conference (MC13) of the World Trade Organization (WTO) here next...

Company News

Latest News

UAE, UK experts discuss science, tech help in net-zero agenda

ABU DHABI, UAE - Experts from UK and the UAE participated in a Sci-Tech Virtual Tour of the Emirates science...

Dubai Health Authority wins International Data Corporation award

DUBAI, UAE - The Dubai Health Authority recently won the 'Best in Future of Operations' category at the International Data...

Musabbeh Al Kaabi to join ADNOC

Al Kaabi is the CEO of Mubadala's UAE Investment platform.

Most Read

UAE President visits Qatar in sign of improving ties

Ending a yearslong estrangement between the two countries, the UAE President Sheikh Mohamed bin Zayed will arrive in Doha today...
  • According to WAM, the visit comes in response to an invitation from the Emir of Qatar Sheikh Tamim bin Hamad Al-Thani, and builds on the existing relations between the two nations
  • The two leaders are expected to discuss bilateral ties and ways to enhance cooperation between the two Gulf states

Jordan PM launches women empowerment strategy

This strategy aims to eliminate all forms of gender-based discrimination.
  • This strategy aims to eliminate all forms of gender-based discrimination
  • It also aims to enhance women's participation in the labor market

Jordan and Algeria renew pledge to boost economic ties

Algiers, Algeria— Jordan's King Abdullah and Algeria President Abdelmadjid Tebboune have stressed the importance of bolstering ties between the two...
  • The leaders stressed the importance of bolstering cooperation between Jordan and Algeria, especially in the political, economic, trade, investment, and defense fields
  • The king emphasised Jordan’s support for Algeria in its efforts to make the outcomes of the recent Arab Summit a success