Tokyo’s Nikkei climbs to its highest level since Mar 1990
Tokyo, Japan - Tokyo stocks closed higher on Tuesday on the back of gains in US tech stocks, pushing the Nikkei...Business
SEC, Emaar Economic City sign agreements
RIYADH, SAUDI ARABIA - The Saudi Electricity Company (SEC) and its subsidiary National Electricity Transmission (NET) have signed here two...Business Energy
Greatest shows on earth: How expos changed the world
International expos, or world fairs, draw millions of visitors to a chosen city every few years. Over two centuries these...The first universal exposition took place in Paris in 1798 to show off French industrial know-how.
The record is held by the Chinese city of Shanghai, which drew 73 million visitors in 2010.
Brent crude price jumps above $80 a barrel
With the rollout of vaccines and easing of lockdowns this year, bets on demand for the black gold have surged,...Brent climbed 0.9 percent in morning Asian trade to $80.24, its highest level since October 2018.
The advance comes even as the global economic recovery shows signs of slowing owing to supply chain issues
Revelations at Expos in the Past: Ketchup, Eiffel Tower, telephone
As Expo 2020 opens in Dubai on Friday, hoping to attract millions of visitors with its imaginative pavilions and technological...The most famous Expo was perhaps the Paris 1889 edition, where the Eiffel Tower by architect Gustave Eiffel was unveiled.
Alexander Graham Bell's telephone was first demonstrated to the public at the Philadelphia world fair in 1876.
Dubai Expo unveils its gleaming pavilions
Dubai's edition, the first in the Middle East, is expected to be the biggest event ever held in the region...Dubai's edition, the first in the Middle East, is expected to be the biggest event ever held in the region with estimates of 25 million visitors over its six-month lifespan
The fair is another feather in the cap for Dubai, which has long strived for recognition with achievements such as the Burj Khalifa, the world's tallest building at at 828 metres
Agthia to pay $17.8m in H1 dividend
The Abu Dhabi-listed company will pay AED 65.31 million cash dividend.The company’s total revenues grew 21 percent year-on-year to 1.32 billion dirhams in the first six months of 2021.
The dividend marks the first interim pay-out of the firm.
Expectations rise for Expo 2020 gains to materialize
A study published said projections for 2019 indicated investments that would generate long-term returns of up to $33.3 billion.The mega event is expected to create 905,200 job opportunities.
A survey ahead of Expo 2020 by the Dubai Chamber of Commerce and Industry maintains Dubai’s economy was recovering.
Expo 2020: Cisco operating next generation IT network
The company, the Expo's 2020 official partner, is ready to greet visitors and provide them with the most up-to-date digital...The company, the Expo's 2020 official Digital Network Partner, is ready to greet visitors and provide them with the most up-to-date digital solutions
It will deploy 20,000 secure endpoints across the site to deliver industry leading connectivity
Qatar Airways gets $3bn govt assistance after huge loss
The airline reported an overall loss of $4.1 billion for the year to March 31, double the figure for the...The Gulf-based carrier recently reported an underlying operating loss of $228.3 million
Qatar Airways is the second largest airline in the Middle East after Dubai-based Emirates
MidChains finishes first trades of assets
Abu Dhabi-based virtual asset trading platform has traded in Bitcoin, Ethereum, Litecoin, etc.MidChains has confirmed trades across Bitcoin, Ethereum, Litecoin and Bitcoin Cash and is the first regulated platform in the UAE to have conducted trades across all these virtual
MidChains is the first and only fully-regulated virtual asset trading platform to receive sovereign wealth fund backing in the region
Abu Dhabi, Pakistan discuss boosting business ties
The chamber is ready to offer all the services required to help Pakistani businesses and entrepreneurs in Abu Dhabi.Mohamed Helal Al Mheiri, Director-General of Abu Dhabi Chamber of Commerce and Industry, represented the emirate
Afzaal Mahmood, Pakistan's Ambassador to the UAE, represented his country at the discussion
