Qatar Emir announces $60 million for Doha Program of Action
Doha, Qatar - Qatar Emir Sheikh Tamim ibn Hamad Al Thani announced Sunday a $60 million financial contribution to Doha...
Geostrategy
Khalifa Fund announces winner of CEO Program
ABU DHABI, UAE - Khalifa Fund for Enterprise Development, in partnership with the Abu Dhabi Department of Economic Development (ADDED)...
Economy
How to maximize the profit of trading on information?
By Bastian von Beschwitz, Oleg Chuprinin and Massimo Massa A short seller is often thought of as a slick Wall...
What leaders need to cultivate to ensure tactical execution?
By Ian C. Woodward, Dubai High altitudes hold a special place in the history of human achievement. We remember New...
Why Arab world is sceptic over the future of JCPOA
By Gareth Smyth In the same week during which US President Donald Trump replaced Secretary of State Rex Tillerson with...
Saudi Arabia; fostering global ties, winning local confidence
By Al Emid The Kingdom of Saudi Arabia has undergone significant transformations in the relatively recent past. In 1927, the...
Could 2018 be the year of next financial crisis?
Plummeting GDPs, fluctuating oil prices, a drying up of liquidity, weaker market sentiments, frequent rising or falling prices due to...
Dubai to steer video gaming industry in region
With booming young population hooked to internet and ground-breaking breakthroughs in the areas of Artificial Intelligence and Virtual reality, video...
Revealed; the top 100 CEOs in GCC
The winners of the Top CEO Awards 2018 have been announced following the successful conclusion of the 'Top CEO Conference...
“Top CEO Conference and Awards” ends on a high note in KSA
The “Top CEO Conference and Awards” and the “Arab Women Forum” ended on a high note at the King Abdullah...
Restructuring businesses new mantra to success, say regional CEOs
Restructuring businesses in the Gulf and the Middle East has always been a challenge. It was, however, only in 2015...
Top CEO Conference & Awards takes up imperative issues of Arab world
Various burning issues ranging from ‘The Execution Challenge’, ‘Bureaucracy’, ‘The Private Sector’ and ‘Maintaining Momentum’, will be taken up during...
Qatar Emir announces $60 million for Doha Program of Action
Doha, Qatar - Qatar Emir Sheikh Tamim ibn Hamad Al Thani announced Sunday a $60 million financial contribution to Doha...
Geostrategy
Company News
Latest News
ADNOC hires 13 jack up barges to boost offshore efficiency
Abu Dhabi National Oil Company (ADNOC) signed a $1.17 billion (AED4.3bn) for hiring 13 self propelled jack-up barges to drive...
Business
MoCCAE discusses food security with feed manufacturers in UAE
UAE's Ministry of Climate Change and Environment (MoCCAE) hosted a meeting with licensed feed manufacturers in the country to explore...
Economy
CBUAE’s Financial Stability Report lists steps taken to help economy
The Central Bank of the United Arab Emirates has issued its Financial Stability Report for 2021, which outlines the measures...
Economy

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Business
IHC acquires stake in Kaylon
The 50 percent stake was acquired for $490m.
- Kalyon Enerji is owned by the giant Turkish group Kalyon Holding, which operates in the Construction, Energy and Aviation industries.
- The acquisition comes four months after its AED7.3 billion investment in Indian conglomerate Adani Group- green energy-owned companies.
Business
Dubai Clear and Muqassa to cooperate in central clearing services
Dubai Clear, a subsidiary of the Dubai Financial Market (DFM), and the Securities Clearing Centre Company "Muqassa", a subsidiary of...
- The two sides signed a Memorandum of Cooperation that also stresses knowledge sharing.
- Under the agreement, the two sides also agreed to organize training and events.
Business
Savola sells KEC stake for $122m
Savola wants to focus on core food and retail businesses.
- The company said it wants to focus on investing in its main operations in the food and retail sectors, while ending investments in non-core businesses
- Knowledge Economic City’s shares ended Wednesday’s trading session 6.12 percent higher at SR14.56

