- A court in Dubai has directed Nissan Motor Co. Ltd. and Nissan Middle East to pay $354 million as compensation...
The case sought compensation for damages suffered due to breach of contract allegedly committed by Japanese automaker Nissan
The Dubai court issued a precautionary attachment order over goods and moveables
- Dubai Multi Commodities Centre (DMCC) has sold a 100+ carat rough diamond for $5.218 million (US$ 44,004 per carat) in...
The 118.58-carat type IIa stone was viewed by top diamond trading companies from Asia and Europe.
During one tender event in Dec. 2020, $87 million worth of rough diamonds were sold at Dubai Diamond Exchange.
- The US-based company will replace LinkedIn in China with an application dedicated to applying for jobs but without the networking...
LinkedIn was given a deadline by Chinese internet regulators to better oversee content on the site.
Aside from being a venue for finding jobs, LinkedIn is a place for exchanges over business developments or news.
- Israeli companies are tapping air force veterans’ expertise to avoid collisions in increasingly crowded skies as they look to start...
Israel has a public-private initiative worth 20 million shekels, or about $6 million to advance its drone technology
As part of it, three drones were delivery-tested earlier this week
- The UAE and South Korea have discussed the prospect of pursuing a Comprehensive Economic Partnership Agreement to strengthen economic ties,...
The negotiation process for this agreement is set to begin soon
It is expected to cover issues like market access to goods and services, ecommerce, and carbon neutrality
- A consortium of companies has signed a 20-year deal with the Egyptian Electricity Transmission Company (EETC) to develop, construct and...
The Nasdaq Dubai and Egypt stock exchange listed company did not disclose a value for the project
The project is subject to financial close, after which the wind farm will be implemented in 30 months





















