UAE urges investment, action for water sustainability at UN meet
DUBAI, UAE – UAE Minister of Climate Change and Environment Mariam bint Mohammed Almheiri emphasized the importance of collaboration, data...
Science
EU unveils plans to scale up net-zero technology
BRUSSELS, BELGIUM- The European Commission proposed the Net-Zero Industry Act to scale up manufacturing of clean technologies in the EU...
Science
Despite volatility, GCC healthcare industry witnesses good run
Private healthcare in the Gulf Cooperation Council (GCC) region, estimated at $62 billion in 2016, is forecasted to expand 8.7...
Will Kingdom Holding’s shares look up this week?
Saudi Arabia’s billionaire Prince Alwaleed bin Talal, who was freed from nearly three-month detention on Saturday in Riyadh, is expected...
US Vice President’s Middle East visit evokes mixed reactions
US Vice President Mike Pence started his three-nation Middle East visit on Saturday amidst a lot of dilemmas and confusions...
Is it a do-or-die battle for media and telecom companies?
Historically, the advances in technology have affected all business sectors. The Industrial Revolution disrupted manufacturing sector in the 20th century...
WISEUp: Taking a literary route, to counter extremism
In late 2016, Daisy Khan, a New York-based global-peace activist, grew increasingly alarmed by the surge in violent extremism worldwide...
GCC education marches forward in 2018
When the President of France, Emmanuel Macron, attended the opening of the iconic Louvre Abu Dhabi during his visit to...
Are sands shifting in Turkey’s Middle East policy?
The past year has seen Turkey distance itself from some of its long-standing political alignments, easing away from the West...
DGCX looking forward to new highs in 2018
2017 was exceptional on many fronts for the region’s largest and most diversified derivatives bourse, Dubai Gold and Commodities Exchange...
UAE urges investment, action for water sustainability at UN meet
DUBAI, UAE – UAE Minister of Climate Change and Environment Mariam bint Mohammed Almheiri emphasized the importance of collaboration, data...
Science
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
Most Read
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