Bahrain and GCC look to boost ‘convention, exhibition’ industry
Manama, Bahrain-- Bahrain and the Gulf Cooperation Council (GCC) are looking to boost cooperation in the convention and conference industry...Business
European market up on record-busting Wall Street
A surge in tech titans including Apple, Amazon, Nvidia and Facebook parent Meta on Friday pushed New York's S&P 500...Business
Natural Gas Distribution all set to list and trade on Nomu
The listing and trading of shares of Natural Gas Distribution on Nomu will start on September 22, as a direct...Daily price fluctuation limits will be +/- 30 percent and static price fluctuation limits will be +/- 10 percent
The trading of shares will begin on September 22
UAE to become major player in emerging blue hydrogen market: ADNOC CEO
The United Arab Emirates will become a major player in emerging blue hydrogen market, according to the CEO of the...The UAE is strengthening its position as a regional leader in natural gas and the emerging blue hydrogen market
"Today, gas provides almost one-quarter of the world’s energy supply and will continue to play a critical role in the global energy system"
SNOC to meet Sharjah’s gas needs amid rising power demand
Gas will be sourced from SNOC's own resources and ADNOC imports.In 2019 SNOC and ADNOC signed an interim contract to close the gas supply gap with SEWA.
Sharjah has also begun to develop its own resources of gas.
Expats leaving Oman can retain properties under usufruct scheme
The scheme allows them to manage properties from outside the country through law firms or realtors.The usufruct period for buildings can last for up to 50 years, and be extended for 99 years.
With this scheme, Oman aims to keep pace with global trends around controlling the movement of funds.
RoyalJet comes to Dubai to cater to high demand for charter planes
In order to cater to growing demand for charter planes, RoyalJet, the wholly owned subsidiary of the Abu Dhabi-owned RoyalJet...Demand for private flights expected to surge further as Expo 2020 draws near
The jets are available for charter by business and leisure travelers who are looking to fly directly into and out of Dubai
Oman Air to fly to London again
The flights will operate on Wednesday, Friday and SundayThe flights will operate on Wednesday, Friday and Sunday
All flights are scheduled to operate with Boeing 787 Dreamliner
OECD lowers global, US economic growth forecasts
The forecast for China remained unchanged at 8.5 percent. The growth prospects of Argentina, Brazil, Mexico, South Africa, South Korea...The recovery remains very uneven, with strikingly different outcomes across countries, OECD said.
Global gross domestic product has surpassed its pre-pandemic level following last year's Covid-induced recession.
Investment in agritech key to UAE’s food security
Investing in agricultural technologies can take the UAE closer to its goal of being one of the top 10 countries...Over 100 entities use organic farming techniques in the UAE, including advanced farms that utilize modern agricultural technologies.
The Abu Dhabi Investment Office is investing at least US$100m in agritech startups as part of their food security strategy.
Asian markets stabilize but Evergrande fears linger
The battle in Washington to raise the US debt limit was also fuelling concern that the government could miss payments...Dubai led declines among stock markets in the Gulf on Monday, as its main share index fell 1.2 percent.
Hong Kong's Hang Seng Index, which plunged more than three percent Monday, edged up 0.2 percent.
Covid-19 drives e-learning in GCC
There has been a massive growth in content creation and learners' demand in last two years as the pandemic puts...There has been a massive growth in content creation and learners' demand in last two years
E-learning is highly dependent on digital infrastructures, such as Internet usage and connection fees, which vary dramatically from one Arab country to another
