SCCI discusses trade with Guatemalan, Indonesian delegations
SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) has discussed strengthening trade and economic ties with diplomatic...
Geostrategy
UAE discusses clean energy partnerships with Germany, Netherlands
ABU DHABI, UAE - A senior UAE official of the Ministry of Energy and Infrastructure (MoEI) visited Germany and the...
Geostrategy
Business
UAE to give Covid booster shots to all double-jabbed people
The National Emergency Crisis and Disaster Management Authority (NCEMA) said on Tuesday that everyone who has had two shots of...
47 metric tons of medical supplies from UAE arrive in Tunisia
The supplies that included respirators and oxygen cylinders were sent by two cargo planes.
Digital school, mEducation Alliance partner to design e-learning solutions
The agreement enables both parties to exchange knowledge, expertise to enhance learning of students in refugee camps and remote areas.
Best July in 12 years for Dubai real estate market
4,384 real transactions worth AED 11.18 billion made, majority of these in secondary, ready properties.
Saudi British Bank posts $245m net profit in Q2, year after big losses
A year after posting billions in losses, Saudi British Bank (SABB), an affiliate of HSBC Holdings, has posted a sizeable...
Israel reimposes more restrictions as virus surges
Israelis require vaccine certificates or negative tests for entry to venues holding fewer than 100 people.
Arab economies to grow by 2.9% in 2021, 3.6% in 2022: Report
Uneven recovery is expected as eleven Arab countries will likely recover by the end of 2022, while the recovery path...
Dubai airport expects heavy inflow of passengers as UAE eases curbs
Dubai airport is expecting a heavy inflow of passengers with the UAE’s announcement that there would be an easing of...
Saudi Arabia asks pupils to take two jabs in order to attend school
With the government having made clear that only fully jabbed students aged 12-18 would be allowed to attend classes during...
Investors expect Aramco to post high profit after strong first half
Investors are waiting with bated breath for Saudi Aramco to post its first half results and the expectation is that...
SCCI discusses trade with Guatemalan, Indonesian delegations
SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) has discussed strengthening trade and economic ties with diplomatic...
Geostrategy
Company News
EGA holds wearable tech trial
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Emirates NBD joins fight against illegal wildlife trade
The banking group is supporting efforts to combat global wildlife trafficking by joining the United for Wildlife financial task force.
Assets of UAE national firms climbs 10% to $116bn in H1
A total of 74 listed companies listed in the Abu Dhabi Securities Exchange (ADX) accounted for 59.8 percent of total...
Business
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Business
RAK DED allots 837 licenses worth $39.48m in H1
The department's report highlighted the fact that professional licenses accounted for 49 percent of total numbering 8,986, followed by commercial...
- The number of commercial licenses were 449, representing 51.4 percent, followed by professional licenses numbering 406, along with 17 industrial licenses
- The total number of renewed licenses in the first half of 2022 was 6,947, compared to 6,606 during the same period in 2021
Business
Kuwait raises oil production to meet growing demand
The increased production is consistent with announcements made by Kuwait Petroleum Corporation.
- The increased production is consistent with announcements made by Kuwait Petroleum Corporation
- Kuwaiti oil minister Dr Al Faris said that Kuwait will continue to support efforts to promote market stability
Geostrategy
Qatar to invest $3bn in beleaguered Pakistan economy
The United Arab Emirates this month said it would invest $1 billion in Pakistan and, according to reports, Saudi Arabia...
- Qatari emir "stressed the importance of the brotherly and strategic relations between the two countries" and the need to bolster their economic partnership
- Assistance from Gulf nations and a $2.5 billion loan from China has helped Pakistan stave off the worst of an economic crisis that has seen annual inflation rise above 20 percent